Kotak Mahindra General Insurance Business Relationship Manager Salaries by 10+ Employees (Updated 2024)

1 - 7 years exp.

₹2.7 Lakhs - ₹5 Lakhs

Salary of majority employees

45% less than the average Business Relationship Manager Salary in Insurance Companies for 1 - 7 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

BFSI, Investments & Trading Business Relationship Manager Salary 1 - 7 years exp. (7 salaries)	₹2.7 L/yr - ₹5 L/yr
Finance & Accounting Business Relationship Manager Salary 3 - 5 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.4 L/yr
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Sales & Business Development Business Relationship Manager Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹4.7 L/yr

Last Updated: 7 Dec 2024

Companies similar to Kotak Mahindra General Insurance for Business Relationship Manager

Company name	Avg Annual Salary	Open Jobs
Tata AIG Business Relationship Manager Salary 1 - 5 years exp. (4 salaries)	₹4.3 L/yr - ₹7.1 L/yr 24% more
ICICI Prudential Life Insurance Business Relationship Manager Salary 0 - 3 years exp. (7 salaries)	₹2.2 L/yr - ₹3 L/yr 31% less
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IndiaFirst Life Insurance Business Relationship Manager Salary 5 - 6 years exp. (3 salaries)	₹3.1 L/yr - ₹3.9 L/yr 16% less
HDFC Life Business Relationship Manager Salary 3 - 6 years exp. (3 salaries)	₹3.3 L/yr - ₹4.5 L/yr 8% less
Kotak Mahindra Bank Business Relationship Manager Salary 1 - 7 years exp. (133 salaries)	₹2.7 L/yr - ₹9.7 L/yr 30% more

Business Relationship Manager salary at Kotak Mahindra General Insurance ranges between ₹2.7 Lakhs to ₹5 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 11 latest salaries received from various employees of Kotak Mahindra General Insurance.

Experience wise Kotak Mahindra General Insurance Business Relationship Manager salaries

Last Updated: 7 Dec 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.4 L/yr - ₹7.2 L/yr
2 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹7.4 L/yr
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3 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹7.5 L/yr
4 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹7.7 L/yr
5 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹4.5 L/yr
6 years (3 salaries)	₹3.5 L/yr - ₹4.5 L/yr
7 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹5 L/yr

View all

Similar Designation salaries in Kotak Mahindra General Insurance

Relationship Manager Salary

(36 salaries)

₹2.35 L/yr - ₹5.6 L/yr

Business Manager Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Regional Manager Salary

(4 salaries)

₹14.5 L/yr - ₹30 L/yr

Zonal Sales Manager Salary

(3 salaries)

₹13 L/yr - ₹22.7 L/yr

Assistant Sales Manager Salary

(7 salaries)

₹2.7 L/yr - ₹4.1 L/yr

Senior Business Development Manager Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Branch Manager Salary

(6 salaries)

₹6.5 L/yr - ₹8.3 L/yr

Area Sales Manager Salary

(7 salaries)

₹5 L/yr - ₹17.3 L/yr

Area Manager Salary

(5 salaries)

₹10.3 L/yr - ₹17 L/yr

Deputy Manager Salary

(233 salaries)

₹2.95 L/yr - ₹7.12 L/yr

Top skills at Kotak Mahindra General Insurance for Business Relationship Manager

Bancassurance General Insurance Sales Cross Selling Customer Relationship Business Relationship Management Relationship Building General Insurance Sales Relationship Building Insurance Sales Customer Relationship Banca banca sales Relationship Management Banking Sales Lead Generation

Salary related reviews for Kotak Mahindra General Insurance

3.0

Rated by 2 employees for salary & benefits

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

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.

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

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.

Sales Officer in Bhubaneswar

Other Department

4.0

• posted on 12 Oct 2019

4.0

for Salary and Benefits

Likes

I like to working about Kotak Mahindra General Insurance Co Ltd because this is the best platform about carrier buildup and have much more opportunity so i like to work in Kotak Mahindra General Insurance Co Ltd.

Dislikes

I dislike about working at Kotak Mahindra General Insurance Co Ltd is not gossiping team member each other and also not any politics

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Kotak Mahindra General Insurance Business Relationship Manager Salary FAQs

What is the salary of Business Relationship Manager at Kotak Mahindra General Insurance?

Business Relationship Manager salary at Kotak Mahindra General Insurance in India ranges between ₹2.7 Lakhs to ₹5.0 Lakhs for experience between 1 years to 7 years. According to our estimates it is 45% less than the average Business Relationship Manager Salary in India. Salary estimates are based on 11 latest salaries received from various employees of Kotak Mahindra General Insurance India.

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

The average salary of a Business Relationship Manager at Kotak Mahindra General Insurance is 45% less than the average salary of a Business Relationship Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Business Relationship Manager at Kotak Mahindra General Insurance?

Bancassurance, General Insurance Sales, Cross Selling, Customer Relationship and Business Relationship Management are some of the popular skills required to work as a Business Relationship Manager at Kotak Mahindra General Insurance India.

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

Kotak Mahindra Bank Business Relationship Manager Salary - ₹2.7 Lakhs to ₹9.7 Lakhs per year
Tata AIG Business Relationship Manager Salary - ₹4.3 Lakhs to ₹7.1 Lakhs per year

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

HDFC Life Business Relationship Manager Salary - ₹3.3 Lakhs to ₹4.5 Lakhs per year
IndiaFirst Life Insurance Business Relationship Manager Salary - ₹3.1 Lakhs to ₹3.9 Lakhs per year
ICICI Prudential Life Insurance Business Relationship Manager Salary - ₹2.2 Lakhs to ₹3.0 Lakhs per year

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

The estimated take-home salary of a Business Relationship Manager at Kotak Mahindra General Insurance ranges between ₹31,585 per month to ₹32,876 per month in India. The take-home salary calculation is based on the average Kotak Mahindra General Insurance Business Relationship Manager salary in India which ranges between ₹2.7 Lakhs to ₹5.0 Lakhs per year for employees with experience between 1 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Business Relationship Manager at Kotak Mahindra General Insurance?

According to AmbitionBox, 60% of the Kotak Mahindra General Insurance Business Relationship Managers reported a notice period of 3 Months, 30% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 10 responses on AmbitionBox in last 2 years.

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Kotak Mahindra General Insurance Business Relationship Manager Salaries

Kotak Mahindra General Insurance Business Relationship Manager salary in India ranges between ₹2.7 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 Kotak Mahindra General Insurance latest salaries received from various employees of Kotak Mahindra General Insurance.

Kotak Mahindra General Insurance Business Relationship Manager salaries in India

Companies similar to Kotak Mahindra General Insurance for Business Relationship Manager

Latest annual salaries shared by Kotak Mahindra General Insurance Business Relationship Manager

Experience wise Kotak Mahindra General Insurance Business Relationship Manager salaries

Similar Designation salaries in Kotak Mahindra General Insurance

Top skills at Kotak Mahindra General Insurance for Business Relationship Manager

Salary related reviews for Kotak Mahindra General Insurance

Assistant Manager in Mumbai

Relationship Manager in Raipur

Deputy Manager Grade 2 in Panipat

Assistant Manager in IT Park Infinite Dindhosi Malad East

Sales Officer in Bhubaneswar

Kotak Mahindra General Insurance Business Relationship Manager Salary FAQs

Tell us how to improve this page.

Kotak Mahindra General Insurance Business Relationship Manager Salaries by Location