Upload Button Icon Add office photos
Engaged Employer

i

This company page is being actively managed by Kotak Mahindara Life Insurance Team. If you also belong to the team, you can get access from here
filter salariesFilter salaries by

Kotak Mahindara Life Insurance Wealth Manager salaries in India (Updated 2025)

Annual salary range
12 - 15 years exp.
₹5.5 Lakhs - ₹9 Lakhs
Low Confidence
info icon
Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
unlock blur
unlock blur

9% less than the average Wealth Manager Salary in Insurance Companies for 12 - 15 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading
Wealth Manager Salary
13 - 15 years exp. (3 salaries)
unlock-blur

₹6 L/yr - ₹9 L/yr

Sales & Business Development
Wealth Manager Salary
12 years exp. (AmbitionBox Estimate)
unlock-blur

₹5 L/yr - ₹6.1 L/yr

Last Updated: 16 Feb 2025

Companies similar to Kotak Mahindara Life Insurance for Wealth Manager

Company name Avg Annual Salary Open Jobs
unlock blur

₹4 L/yr - ₹5.2 L/yr

arrow icon 34% less
Logo
HDFC Life Wealth Manager Salary

5 - 14 years exp. (5 salaries)

unlock blur

₹4.5 L/yr - ₹6.5 L/yr

arrow icon 26% less
unlock blur

₹3.2 L/yr - ₹7.5 L/yr

arrow icon 31% less
Logo
Max Life Insurance Wealth Manager Salary

3 - 10 years exp. (5 salaries)

unlock blur

₹3.5 L/yr - ₹5.5 L/yr

arrow icon 34% less
unlock blur

₹4.8 L/yr - ₹8.8 L/yr

arrow icon 7% more
unlock blur

₹4.5 L/yr - ₹9 L/yr

arrow icon 15% less
Logo
unlock blur

₹3 L/yr - ₹6 L/yr

arrow icon 41% less
unlock blur

₹4.5 L/yr - ₹5.7 L/yr

arrow icon 24% less
Logo
Shriram Life Insurance Wealth Manager Salary

9 - 11 years exp. (4 salaries)

unlock blur

₹4.5 L/yr - ₹5.3 L/yr

arrow icon 26% less

Mark your calendar for
Women @ Work from Mar 6-8

Grow your career with industry insights, exclusive jobs & exciting rewards

Wealth Manager salary at Kotak Mahindara Life Insurance ranges between ₹5.5 Lakhs to ₹9 Lakhs per year for employees with experience between 12 years to 15 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance Wealth Manager

3d ago
avg blur mobile
14 years exp.
6mo ago
avg blur mobile
13 years exp.
7mo ago
avg blur mobile
15 years exp.
1y ago
avg blur mobile
12 years exp.

Experience wise Kotak Mahindara Life Insurance Wealth Manager salaries

Last Updated: 16 Feb 2025

Experience Avg Annual Salary
12 years (AmbitionBox Estimate)

unlock blur

₹5.5 L/yr - ₹5.5 L/yr
13 years (AmbitionBox Estimate)

unlock blur

₹6 L/yr - ₹11 L/yr
14 years (AmbitionBox Estimate)

unlock blur

₹6 L/yr - ₹12.9 L/yr
15+ years (AmbitionBox Estimate)

unlock blur

₹3.3 L/yr - ₹9 L/yr

Similar Designation salaries in Kotak Mahindara Life Insurance

Branch Manager Salary
(200 salaries)
unlock blur
₹4.5 L/yr - ₹13.5 L/yr
Deputy Manager Salary
(858 salaries)
unlock blur
₹2.25 L/yr - ₹5.69 L/yr
Sales Manager Salary
(542 salaries)
unlock blur
₹2.4 L/yr - ₹5.7 L/yr
Area Manager Salary
(26 salaries)
unlock blur
₹5.7 L/yr - ₹17.9 L/yr
Chief Manager Salary
(481 salaries)
unlock blur
₹5 L/yr - ₹18.5 L/yr
Senior Wealth Manager Salary
(AmbitionBox Estimate)
unlock blur
₹7 L/yr - ₹9 L/yr
Private Banker Salary
(AmbitionBox Estimate)
unlock blur
₹1.8 L/yr - ₹2.3 L/yr
unlock blur
₹1.8 L/yr - ₹7 L/yr
Branch Head Salary
(10 salaries)
unlock blur
₹8.5 L/yr - ₹14 L/yr
unlock blur
₹3 L/yr - ₹7 L/yr

Top skills at Kotak Mahindara Life Insurance for Wealth Manager

Life Insurance Agent Recruitment Agency Channel Team Handling Channel Sales Management Insurance Sales agency Recruitment Management Agency Sales HNI Sales Mutual Funds Sales

Salary related reviews for Kotak Mahindara Life Insurance

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 26 Jun 2024

1.0
 for  Salary and Benefits

Likes

Managerial support.

  • Company culture - Good

Dislikes

... Company gives me 2.5% hike in appraisal after achieving a 70% of YTD Target.... Appraisal and salary hike processes at Kotak Life Insurance are deeply disappointing. Despite dedicated efforts and meeting performance targets, the appraisal system feels arbitrary and lacks transparency. Promises of career growth and salary increments are often unfulfilled, leaving employees demotivated and undervalued. There’s a noticeable disparity between the workload expectations and the compensation provided, which doesn’t align with industry standards. This undermines morale and loyalty among employees, impacting overall productivity and retention. Clearer and fairer appraisal policies are urgently needed to retain talent and boost employee satisfaction."

read more
  • Salary - Bad
  • +2 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 20 Aug 2024

2.0
 for  Salary and Benefits

Likes

Kotak Life learning with colleagues and seniors, helpful people. New innovations happening in business and product teams.

read more
  • Job security - Excellent
  • +2 more

Dislikes

Human Resources and employees understanding. Human resource donot do anything for employees just gives threat on every occasion to employees for salary hold. New generation should not join this company as ther are better HR polices elsewhere Some department like IT areas slow,no future thought processes. As HR polices are so bad that even your managers and head of department are weak and toothless for any new initiatives

read more
  • Salary - Poor
  • +1 more

Full Time

 · 

Customer Success, Service & Operations Department

2.0
  •  posted on 04 Jan 2025

3.0
 for  Salary and Benefits

Likes

Only job security

Dislikes

Work environment was not at all good hr and manager gives false commitment they ask to come on Sunday without pay 7 days a week and daily extend shift without any OT or something no positive environment they treat us like machine

read more
  • Skill development - Poor
  • +4 more

Full Time

 · 

Finance & Accounting Department

4.0
  •  posted on 04 Apr 2024

3.0
 for  Salary and Benefits

Likes

Work life balance is okay. Good place to work in. Maximum professionally qualified employees.

  • Job security - Good
  • +1 more

Dislikes

No Employee benefits. Salary lower than industry standards. No comp off. Politics (common in every organisation) No work from home.

read more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 27 Jul 2023

5.0
 for  Salary and Benefits

Likes

HR support is very good.. Salary amd Incentive payout

  • Salary - Excellent
  • +2 more

Dislikes

Kotak is big brand to work but few of the Senior Managers made the work culture worst just for their benefits... They doesn't have feelings about the pain of employees.

read more
  • Work satisfaction - Bad
  • +1 more
see more salary related reviews

Discover interview dos and don'ts from real experiences

Kotak Mahindara Life Insurance Wealth Manager Salary FAQs

What is the salary of Wealth Manager at Kotak Mahindara Life Insurance?
Wealth Manager salary at Kotak Mahindara Life Insurance in India ranges between ₹5.5 Lakhs to ₹9.0 Lakhs for experience between 12 years to 15 years. According to our estimates it is 9% less than the average Wealth Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindara Life Insurance India.
How does the salary of a Wealth Manager at Kotak Mahindara Life Insurance India compare with the average salary range for this job?
The average salary of a Wealth Manager at Kotak Mahindara Life Insurance is 9% less than the average salary of a Wealth Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Wealth Manager at Kotak Mahindara Life Insurance?
Life Insurance, Agent Recruitment, Agency Channel, Team Handling and Channel Sales Management are some of the popular skills required to work as a Wealth Manager at Kotak Mahindara Life Insurance India.
Which similar companies are paying more than Kotak Mahindara Life Insurance to a Wealth Manager in India?
  • Bajaj Allianz Life Insurance Wealth Manager Salary - ₹4.8 Lakhs to ₹8.8 Lakhs per year
What is the salary of a Wealth Manager in companies similar to Kotak Mahindara Life Insurance in India?
  • Aditya Birla Sun Life Insurance Wealth Manager Salary - ₹4.5 Lakhs to ₹9.0 Lakhs per year
  • Life Insurance Corporation of India Wealth Manager Salary - ₹4.5 Lakhs to ₹5.7 Lakhs per year
  • HDFC Life Wealth Manager Salary - ₹4.5 Lakhs to ₹6.5 Lakhs per year
  • Shriram Life Insurance Wealth Manager Salary - ₹4.5 Lakhs to ₹5.3 Lakhs per year
  • SBI Life Insurance Company Wealth Manager Salary - ₹3.2 Lakhs to ₹7.5 Lakhs per year
What is the estimated take home salary of a Wealth Manager at Kotak Mahindara Life Insurance in India?
The estimated take-home salary of a Wealth Manager at Kotak Mahindara Life Insurance ranges between ₹51,521 per month to ₹52,736 per month in India. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Wealth Manager salary in India which ranges between ₹5.5 Lakhs to ₹9.0 Lakhs per year for employees with experience between 12 years to 15 years. Check how did we calculate take home salary?
What is the notice period for Wealth Manager at Kotak Mahindara Life Insurance?
According to AmbitionBox, 50% of the Kotak Mahindara Life Insurance Wealth Managers reported a notice period of 2 Months, 33% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindara Life Insurance Wealth Manager salary in India ranges between ₹5.5 Lakhs to ₹9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.