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3.8

based on 2.7k Reviews

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Kotak Mahindara Life Insurance Life Advisor Salaries in India

based on 80 latest salaries
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BFSI, Investments & Trading Sales & Business Development Customer Success, Service & Operations Finance & Accounting + 6 more
Designation Avg Annual Salary Open Jobs
0 - 8 years exp. (80 salaries)
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₹1 L/yr - ₹6.1 L/yr

0 - 9 years exp. (861 salaries)
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₹2 L/yr - ₹5.7 L/yr

0 - 10 years exp. (533 salaries)
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₹2.4 L/yr - ₹6.3 L/yr

9 job openings
0 - 7 years exp. (162 salaries)
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₹1.8 L/yr - ₹5.8 L/yr

6 job openings
Starting your career? Discover Kotak Mahindara Life Insurance fresher salaries in India
2 - 12 years exp. (100 salaries)
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₹2 L/yr - ₹10.3 L/yr

4 job openings
0 - 6 years exp. (42 salaries)
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₹1 L/yr - ₹6 L/yr

1 - 7 years exp. (34 salaries)
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₹1.1 L/yr - ₹5 L/yr

0 - 8 years exp. (20 salaries)
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₹3 L/yr - ₹6 L/yr

2 - 10 years exp. (17 salaries)
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₹1 L/yr - ₹5.5 L/yr

0 - 5 years exp. (8 salaries)
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₹1 L/yr - ₹2.1 L/yr

1 - 5 years exp. (8 salaries)
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₹1.5 L/yr - ₹5.5 L/yr

0 - 4 years exp. (7 salaries)
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₹1.1 L/yr - ₹2.3 L/yr

0 - 6 years exp. (6 salaries)
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₹1.4 L/yr - ₹5 L/yr

2 - 5 years exp. (4 salaries)
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₹1.8 L/yr - ₹4 L/yr

0 - 2 years exp. (4 salaries)
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₹1.2 L/yr - ₹4 L/yr

2 - 8 years exp. (4 salaries)
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₹2.8 L/yr - ₹3.5 L/yr

3 - 11 years exp. (4 salaries)
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₹2.2 L/yr - ₹5 L/yr

4 - 7 years exp. (4 salaries)
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₹2.4 L/yr - ₹4.7 L/yr

1 - 2 years exp. (3 salaries)
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₹1.3 L/yr - ₹3 L/yr

0 - 4 years exp. (AmbitionBox Estimate)
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₹1.7 L/yr - ₹2.3 L/yr

1 year exp. (AmbitionBox Estimate)
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₹0.2 L/yr - ₹0.2 L/yr

Last Updated: 10 Jan, 2025

Salary related reviews for Kotak Mahindara Life Insurance

2.9

Rated by 22 employees for salary & benefits

Human Resources Department

1.0
  •  posted on 27 Jun 2022

1.0
 for  Salary and Benefits

Likes

Bad work structure. Too much work pressure without salary. Overall bad work culture and bad company.

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Dislikes

Bad work culture and they don't provide any fixed salary. But at the time of hiring then approach candidates with too much good remuneration and income.

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Sales & Business Development Department

4.0
  •  posted on 04 May 2018

2.0
 for  Salary and Benefits

Likes

nil

Dislikes

Compensation is not worth nor commendable. Growth is slow. The work pressure is very high. Managers do not value unless achieve your targets.As being ex agent company do not consider renewal commission..

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Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 26 Jun 2024

1.0
 for  Salary and Benefits

Likes

Managerial support.

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."

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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

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Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 17 Feb 2023

1.0
 for  Salary and Benefits

Likes

... here 2yrs and they continue lied to me and us.. They have comission based job.. they will never give you any kind of salary..

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Dislikes

I like nothing about them.. I m with my word..

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Kotak Mahindara Life Insurance Salary FAQs

How much does Kotak Mahindara Life Insurance pay per year?
The average Kotak Mahindara Life Insurance salary ranges from approximately ₹0.5 Lakh to ₹2 Lakhs per year for a LA and ₹69 Lakhs to ₹98 Lakhs per year for a Executive Vice President. Salary estimates are based on 80 Kotak Mahindara Life Insurance salaries received from various employees of Kotak Mahindara Life Insurance. Kotak Mahindara Life Insurance employees rate the overall salary and benefits package 2.9/5 stars.
What is the highest salary in Kotak Mahindara Life Insurance?
The highest-paying job at Kotak Mahindara Life Insurance is a Executive Vice President with a salary of ₹69 Lakhs to ₹98 Lakhs per year. The top 10% of employees earn more than ₹11 lakhs per year. The top 1% earn more than a whopping ₹32.64 lakhs per year.
What is the minimum salary in Kotak Mahindara Life Insurance?
Minimum salary at Kotak Mahindara Life Insurance depends on the role you are applying for. For Assistant Manager the minimum salary is ₹2 Lakhs to ₹4.8 Lakhs per year, and for Management Trainee the minimum salary is ₹1 Lakh to ₹7.1 Lakhs per year and so on.
What is the salary package for freshers in Kotak Mahindara Life Insurance?
The average salary at Kotak Mahindara Life Insurance for freshers varies from ₹0.7 Lakh to ₹2.5 Lakhs per year for Telecaller and ₹7.5 Lakhs to ₹15.5 Lakhs per year for Chief Manager.
What is the notice period for Life Advisor at Kotak Mahindara Life Insurance?
According to AmbitionBox, 65% of the Kotak Mahindara Life Insurance Life Advisors reported a notice period of 15 days or less, 26% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 54 responses on AmbitionBox in last 2 years.

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Average annual salary for Life Advisor in Kotak Mahindara Life Insurance is INRunlock blur . Salary estimates are based on 80 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.

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