Kotak Mahindra General Insurance Area Sales Manager Salaries by 7 Employees (Updated 2025)

9 - 13 years exp.

₹5 Lakhs - ₹17.3 Lakhs

Salary of majority employees

7% more than the average Area Sales Manager Salary in Insurance Companies for 9 - 13 years of experience

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Salaries in different departments

Sales & Business Development Area Sales Manager Salary 9 - 13 years exp. (4 salaries)	₹6.6 L/yr - ₹14.5 L/yr
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BFSI, Investments & Trading Area Sales Manager Salary 12 years exp. (AmbitionBox Estimate)	₹15.6 L/yr - ₹19 L/yr

Last Updated: 31 Jul 2024

Companies similar to Kotak Mahindra General Insurance for Area Sales Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Area Sales Manager Salary 9 - 18 years exp. (188 salaries)	₹7 L/yr - ₹22.4 L/yr 24% more
HDFC Ergo General Insurance Area Sales Manager Salary 7 - 17 years exp. (145 salaries)	₹4.7 L/yr - ₹17 L/yr 1% less
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Bajaj Allianz General Insurance Area Sales Manager Salary 6 - 16 years exp. (64 salaries)	₹3 L/yr - ₹12 L/yr 26% less	1 job opening
Reliance General Insurance Area Sales Manager Salary 0 - 11 years exp. (20 salaries)	₹2.5 L/yr - ₹8.3 L/yr 60% less
Tata AIG Area Sales Manager Salary 5 - 17 years exp. (310 salaries)	₹4.5 L/yr - ₹16.5 L/yr 3% more	5 job openings
SBI General Insurance Area Sales Manager Salary 12 - 19 years exp. (83 salaries)	₹7.5 L/yr - ₹22 L/yr 43% more
Future Generali India Life Insurance Area Sales Manager Salary 1 - 13 years exp. (9 salaries)	₹3 L/yr - ₹8.7 L/yr 35% less
ICICI Prudential Life Insurance Area Sales Manager Salary 1 - 13 years exp. (136 salaries)	₹4.8 L/yr - ₹15.7 L/yr 10% less
Aditya Birla Health Insurance Co Area Sales Manager Salary 6 - 15 years exp. (139 salaries)	₹5 L/yr - ₹16 L/yr 1% more
Royal Sundaram General Insurance Area Sales Manager Salary 8 - 16 years exp. (79 salaries)	₹5.5 L/yr - ₹14 L/yr 10% less
HDFC Life Area Sales Manager Salary 2 - 10 years exp. (42 salaries)	₹2 L/yr - ₹8 L/yr 59% less
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Cholamandalam MS General Insurance Area Sales Manager Salary 5 - 15 years exp. (39 salaries)	₹2.7 L/yr - ₹13.6 L/yr 27% less
ManipalCigna Health Insurance Area Sales Manager Salary 10 - 15 years exp. (9 salaries)	₹7.5 L/yr - ₹11.2 L/yr 20% less
Bharti AXA Life Insurance Area Sales Manager Salary 4 - 12 years exp. (8 salaries)	₹5.2 L/yr - ₹10 L/yr 45% less
Kotak Mahindara Life Insurance Area Sales Manager Salary 1 - 21 years exp. (8 salaries)	₹3.5 L/yr - ₹8.4 L/yr 32% less
Aviva Life Insurance India Area Sales Manager Salary 1 - 20 years exp. (7 salaries)	₹2.9 L/yr - ₹12 L/yr 25% less
Pramerica Life Insurance Area Sales Manager Salary 2 - 7 years exp. (6 salaries)	₹2.5 L/yr - ₹4.2 L/yr 72% less
Edelweiss Life Insurance Area Sales Manager Salary 11 - 16 years exp. (6 salaries)	₹9 L/yr - ₹13.5 L/yr At par
Digit Insurance Area Sales Manager Salary 6 - 11 years exp. (4 salaries)	₹7.5 L/yr - ₹13 L/yr 6% more
MetLife Area Sales Manager Salary 2 - 3 years exp. (3 salaries)	₹4 L/yr - ₹9.1 L/yr 44% less

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Area Sales Manager salary at Kotak Mahindra General Insurance ranges between ₹5 Lakhs to ₹17.3 Lakhs per year for employees with experience between 9 years to 13 years. Salary estimates are based on 7 latest salaries received from various employees of Kotak Mahindra General Insurance.

Experience wise Kotak Mahindra General Insurance Area Sales Manager salaries

Last Updated: 31 Jul 2024

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹6.6 L/yr
10 years (AmbitionBox Estimate)	₹5 L/yr - ₹14.6 L/yr
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11 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹11.5 L/yr
12 years (3 salaries)	₹10.4 L/yr - ₹17.3 L/yr
13 years (AmbitionBox Estimate)	₹13.5 L/yr - ₹27.6 L/yr

Similar Designation salaries in Kotak Mahindra General Insurance

Sales Manager Salary

(7 salaries)

₹4.25 L/yr - ₹6.5 L/yr

Area Manager Salary

(5 salaries)

₹10.3 L/yr - ₹17 L/yr

Assistant Sales Manager Salary

(7 salaries)

₹2.7 L/yr - ₹4.1 L/yr

Regional Manager Salary

(4 salaries)

₹14.5 L/yr - ₹30 L/yr

Branch Manager Salary

(6 salaries)

₹6.5 L/yr - ₹8.3 L/yr

Cluster Manager Salary

(4 salaries)

₹5.3 L/yr - ₹7.7 L/yr

Deputy Manager Salary

(187 salaries)

₹2.95 L/yr - ₹7.12 L/yr

Business Manager Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Sales Officer Salary

(4 salaries)

₹1.5 L/yr - ₹3.5 L/yr

Senior Sales Officer Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Salary related reviews for Kotak Mahindra General Insurance

Chief Manager in Mumbai

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.

Salary - Bad

+5 more

Assistant Manager in Mumbai

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

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

Relationship Manager in Raipur

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.

Salary - Poor

+1 more

Assistant Manager in Mumbai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 06 Feb 2025

1.0

for Salary and Benefits

Likes

There's nothing to like

Dislikes

Everything...no work life balance No appraisal, no matter how much you give your efforts it's a waste. Here no body care about your health or your hard work. Only favourite ppls will get everything they want.

Salary - Bad

+6 more

Deputy Manager Grade 2 in Panipat

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

see more salary related reviews

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Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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Kotak Mahindra General Insurance Area Sales Manager Salary FAQs

What is the salary of Area Sales Manager at Kotak Mahindra General Insurance?

Area Sales Manager salary at Kotak Mahindra General Insurance in India ranges between ₹5.0 Lakhs to ₹17.3 Lakhs for experience between 9 years to 13 years. According to our estimates it is 7% more than the average Area Sales Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Kotak Mahindra General Insurance India.

How does the salary of a Area Sales Manager at Kotak Mahindra General Insurance India compare with the average salary range for this job?

The average salary of a Area Sales Manager at Kotak Mahindra General Insurance is 7% more than the average salary of a Area Sales Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Kotak Mahindra General Insurance to a Area Sales Manager in India?

SBI General Insurance Area Sales Manager Salary - ₹7.5 Lakhs to ₹22.0 Lakhs per year
ICICI Lombard General Insurance Company Area Sales Manager Salary - ₹7.0 Lakhs to ₹22.4 Lakhs per year
Digit Insurance Area Sales Manager Salary - ₹7.5 Lakhs to ₹13.0 Lakhs per year
Tata AIG Area Sales Manager Salary - ₹4.5 Lakhs to ₹16.5 Lakhs per year
Aditya Birla Health Insurance Co Area Sales Manager Salary - ₹5.0 Lakhs to ₹16.0 Lakhs per year

What is the salary of a Area Sales Manager in companies similar to Kotak Mahindra General Insurance in India?

Edelweiss Life Insurance Area Sales Manager Salary - ₹9.0 Lakhs to ₹13.5 Lakhs per year
HDFC Ergo General Insurance Area Sales Manager Salary - ₹4.7 Lakhs to ₹17.0 Lakhs per year
Royal Sundaram General Insurance Area Sales Manager Salary - ₹5.5 Lakhs to ₹14.0 Lakhs per year
ICICI Prudential Life Insurance Area Sales Manager Salary - ₹4.8 Lakhs to ₹15.7 Lakhs per year
IndiaFirst Life Insurance Area Sales Manager Salary - ₹6.0 Lakhs to ₹9.5 Lakhs per year

What is the estimated take home salary of a Area Sales Manager at Kotak Mahindra General Insurance in India?

The estimated take-home salary of a Area Sales Manager at Kotak Mahindra General Insurance ranges between ₹75,425 per month to ₹77,379 per month in India. The take-home salary calculation is based on the average Kotak Mahindra General Insurance Area Sales Manager salary in India which ranges between ₹5.0 Lakhs to ₹17.3 Lakhs per year for employees with experience between 9 years to 13 years. Check how did we calculate take home salary?

What is the notice period for Area Sales Manager at Kotak Mahindra General Insurance?

According to AmbitionBox, 100% of the Kotak Mahindra General Insurance Area Sales 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 Sales Manager Salaries

Kotak Mahindra General Insurance Area Sales Manager salary in India ranges between ₹5 Lakhs to ₹17.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Kotak Mahindra General Insurance latest salaries received from various employees of Kotak Mahindra General Insurance.