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Kotak Mahindra General Insurance Area Manager salaries in India

Annual salary range
11 - 13 years exp.
₹10.3 Lakhs - ₹17 Lakhs
Salary of majority employees
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29% more than the average Area Manager Salary in Insurance Companies for 11 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Area Manager Salary
12 - 13 years exp. (3 salaries)
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₹12.5 L/yr - ₹17 L/yr

Sales & Business Development
Area Manager Salary
13 years exp. (AmbitionBox Estimate)
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₹9.5 L/yr - ₹11.6 L/yr

Last Updated: 1 Jun 2024

Companies similar to Kotak Mahindra General Insurance for Area Manager

Company name Avg Annual Salary Open Jobs
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₹6.8 L/yr - ₹18.5 L/yr

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HDFC Ergo General Insurance Area Manager Salary

5 - 20 years exp. (40 salaries)

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₹6 L/yr - ₹12.5 L/yr

arrow icon 28% less
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₹5.2 L/yr - ₹18 L/yr

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1 job opening
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Reliance General Insurance Area Manager Salary

8 - 20 years exp. (22 salaries)

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₹6.9 L/yr - ₹21 L/yr

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Tata AIG Area Manager Salary

6 - 19 years exp. (25 salaries)

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₹6.3 L/yr - ₹15.5 L/yr

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SBI General Insurance Area Manager Salary

3 - 21 years exp. (6 salaries)

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₹9 L/yr - ₹15.2 L/yr

arrow icon 6% less
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₹10.1 L/yr - ₹18.5 L/yr

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2 job openings
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₹5.8 L/yr - ₹12.8 L/yr

arrow icon 21% less
24 job openings
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₹5.3 L/yr - ₹16.5 L/yr

arrow icon 25% less
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Bharti AXA Life Insurance Area Manager Salary

6 - 19 years exp. (38 salaries)

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₹6.1 L/yr - ₹16.5 L/yr

arrow icon 16% less
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Aviva Life Insurance India Area Manager Salary

7 - 20 years exp. (35 salaries)

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₹7 L/yr - ₹14 L/yr

arrow icon 11% less
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₹4.5 L/yr - ₹16.5 L/yr

arrow icon 17% less
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HDFC Life Area Manager Salary

4 - 18 years exp. (37 salaries)

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₹3.8 L/yr - ₹15.4 L/yr

arrow icon 30% less
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₹7.2 L/yr - ₹12.5 L/yr

arrow icon 18% less
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Shriram General Insurance Area Manager Salary

12 - 20 years exp. (26 salaries)

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₹8.3 L/yr - ₹15 L/yr

arrow icon 9% less
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₹5.7 L/yr - ₹17.9 L/yr

arrow icon 8% less
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Edelweiss Life Insurance Area Manager Salary

12 - 20 years exp. (16 salaries)

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₹10 L/yr - ₹16.7 L/yr

arrow icon 15% more
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₹9 L/yr - ₹18.5 L/yr

arrow icon 10% less
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IndiaFirst Life Insurance Area Manager Salary

13 - 17 years exp. (8 salaries)

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₹9 L/yr - ₹16 L/yr

arrow icon 1% less
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Digit Insurance Area Manager Salary

7 - 14 years exp. (5 salaries)

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₹5 L/yr - ₹8.5 L/yr

arrow icon 38% less
View all
Area Manager salary at Kotak Mahindra General Insurance ranges between ₹10.3 Lakhs to ₹17 Lakhs per year for employees with experience between 11 years to 13 years. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindra General Insurance.

Latest annual salaries shared by Kotak Mahindra General Insurance Area Manager

7mo ago
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11 years exp.
1y ago
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13 years exp.
1y ago
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12 years exp.
1y ago
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13 years exp.
1y ago
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13 years exp.

Experience wise Kotak Mahindra General Insurance Area Manager salaries

Last Updated: 1 Jun 2024

Experience Avg Annual Salary
11 years (AmbitionBox Estimate)

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₹10.3 L/yr - ₹18.7 L/yr
12 years (AmbitionBox Estimate)

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₹4.9 L/yr - ₹12.5 L/yr
13 years  (3 salaries)

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₹10.5 L/yr - ₹17 L/yr

Similar Designation salaries in Kotak Mahindra General Insurance

Sales Manager Salary
(7 salaries)
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₹4.25 L/yr - ₹6.5 L/yr
Branch Manager Salary
(6 salaries)
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₹6.5 L/yr - ₹8.3 L/yr
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₹5 L/yr - ₹17.3 L/yr
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₹5.3 L/yr - ₹7.7 L/yr
Deputy Manager Salary
(231 salaries)
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₹2.95 L/yr - ₹7.12 L/yr
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₹14.5 L/yr - ₹30 L/yr
Business Manager Salary
(AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr
Team Lead Salary
(25 salaries)
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₹3.7 L/yr - ₹6.48 L/yr
Sales Officer Salary
(4 salaries)
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₹1.5 L/yr - ₹3.5 L/yr
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₹2.35 L/yr - ₹5.31 L/yr

Top skills at Kotak Mahindra General Insurance for Area Manager

General Insurance agency Agency Sales
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Salary related reviews for Kotak Mahindra General Insurance

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 02 Jan 2025

1.0
 for  Salary and Benefits

Likes

Nothing

  • Job security - Good

Dislikes

Everything. This company owned by bunch of Kotak bankers at upper end starting from national heads. Who are at city level and if they are kotak bank migrated employee then they will become national heads in just 2 to 3 years but if you have joined from the industry then growth is negligible no matter how good you are. Think 10 times before joining kotak general insurance.

read more
  • Salary - Bad
  • +5 more

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 15 Feb 2024

2.0
 for  Salary and Benefits

Likes

False promises given by HR and Manager as was told there will be alternate Saturday Sunday off and Public Holiday but there is no holiday at all we should work on weekends as well

read more
  • Job security - Good

Dislikes

Lack of knowledge system is very poor to handle it feels like i m working in government

  • Salary - Poor
  • +5 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 31 Aug 2024

2.0
 for  Salary and Benefits

Likes

Overall the system is good in process and claims.

  • Work-life balance - Good

Dislikes

The incentive system is worse. Also some seniors came from the bank so they still don't know about general insurance culture. Overall it is not good especially in central areas like MP CG.

read more
  • Salary - Poor
  • +1 more

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 01 Nov 2023

4.0
 for  Salary and Benefits

Likes

Senior management is very supporting and Helping Nature And very nice hold on bank channel imd

  • Salary - Good
  • +5 more

Dislikes

Company totally working offline policy issuance All sales manager depends on ops team for policy issuance and ops team attitude is very high

read more

Full Time

 · 

Digital department Department

3.0
  •  posted on 08 Mar 2023

2.0
 for  Salary and Benefits

Likes

Good experience very nice and boss always supported and share good knowledge

  • Skill development - Good
  • +1 more

Dislikes

Sitting arrangements is not proper and they are not doing any cultural progress and any picnic . IT service slow and management is slow.

read more
  • Salary - Poor
  • +2 more
see more salary related reviews

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Kotak Mahindra General Insurance Area Manager Salary FAQs

What is the salary of Area Manager at Kotak Mahindra General Insurance?
Area Manager salary at Kotak Mahindra General Insurance in India ranges between ₹10.3 Lakhs to ₹17.0 Lakhs for experience between 11 years to 13 years. According to our estimates it is 29% more than the average Area Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindra General Insurance India.
How does the salary of a Area Manager at Kotak Mahindra General Insurance India compare with the average salary range for this job?
The average salary of a Area Manager at Kotak Mahindra General Insurance is 29% more than the average salary of a Area Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Area Manager at Kotak Mahindra General Insurance?
General Insurance, agency and Agency Sales are some of the popular skills required to work as a Area Manager at Kotak Mahindra General Insurance India.
Which similar companies are paying more than Kotak Mahindra General Insurance to a Area Manager in India?
  • Future Generali India Life Insurance Area Manager Salary - ₹10.1 Lakhs to ₹18.5 Lakhs per year
  • Edelweiss Life Insurance Area Manager Salary - ₹10.0 Lakhs to ₹16.7 Lakhs per year
  • Reliance General Insurance Area Manager Salary - ₹6.9 Lakhs to ₹21.0 Lakhs per year
  • ICICI Lombard General Insurance Company Area Manager Salary - ₹6.8 Lakhs to ₹18.5 Lakhs per year
What is the salary of a Area Manager in companies similar to Kotak Mahindra General Insurance in India?
  • IndiaFirst Life Insurance Area Manager Salary - ₹9.0 Lakhs to ₹16.0 Lakhs per year
  • SBI General Insurance Area Manager Salary - ₹9.0 Lakhs to ₹15.2 Lakhs per year
  • Kotak Mahindara Life Insurance Area Manager Salary - ₹5.7 Lakhs to ₹17.9 Lakhs per year
  • Pramerica Life Insurance Area Manager Salary - ₹9.0 Lakhs to ₹13.1 Lakhs per year
  • Shriram General Insurance Area Manager Salary - ₹8.3 Lakhs to ₹15.0 Lakhs per year
What is the estimated take home salary of a Area Manager at Kotak Mahindra General Insurance in India?
The estimated take-home salary of a Area Manager at Kotak Mahindra General Insurance ranges between ₹87,308 per month to ₹89,597 per month in India. The take-home salary calculation is based on the average Kotak Mahindra General Insurance Area Manager salary in India which ranges between ₹10.3 Lakhs to ₹17.0 Lakhs per year for employees with experience between 11 years to 13 years. Check how did we calculate take home salary?
What is the notice period for Area Manager at Kotak Mahindra General Insurance?
According to AmbitionBox, 100% of the Kotak Mahindra General Insurance Area Managers reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Kotak Mahindra General Insurance Area Manager salary in India ranges between ₹10.3 Lakhs to ₹17 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Kotak Mahindra General Insurance latest salaries received from various employees of Kotak Mahindra General Insurance.

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