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This company page is being actively managed by Kotak Mahindra General Insurance Team. If you also belong to the team, you can get access from here

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3.8

based on 210 Reviews

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Kotak Mahindra General Insurance Bancassurance Business Development Manager salaries in India

Annual salary range
18 - 19 years exp.
₹16.8 Lakhs - ₹21.5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
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Last Updated: 29 Jan 2024

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Bancassurance Business Development Manager salary at Kotak Mahindra General Insurance ranges between ₹16.8 Lakhs to ₹21.5 Lakhs per year for employees with experience between 18 years to 19 years. Salary estimates are based on 2 latest salaries received from various employees of Kotak Mahindra General Insurance.

Similar Designation salaries in Kotak Mahindra General Insurance

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₹4.1 L/yr - ₹5.2 L/yr
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₹2.3 L/yr - ₹2.9 L/yr
Assistant Sales Manager Salary
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₹5 L/yr - ₹17.3 L/yr
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₹4.25 L/yr - ₹6.96 L/yr

Salary related reviews for Kotak Mahindra General Insurance

2.0

Rated by 1 employees for salary & benefits

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

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

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

read more

Dislikes

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

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.

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

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

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

Assistant Manager in IT Park Infinite Dindhosi Malad East

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

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
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Salary Expectations
I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?
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Kotak Mahindra General Insurance Bancassurance Business Development Manager Salary FAQs

What is the notice period for Bancassurance Business Development Manager at Kotak Mahindra General Insurance?
According to AmbitionBox, 100% of the Kotak Mahindra General Insurance Bancassurance Business Development Managers reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Kotak Mahindra General Insurance Bancassurance Business Development Manager salary in India ranges between ₹16.8 Lakhs to ₹21.5 Lakhs. This is an estimate based on latest salaries received from employees of Kotak Mahindra General Insurance.