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Kotak Mahindra General Insurance Relationship Manager salaries in India

Annual salary range
1 - 9 years exp.
₹2.4 Lakhs - ₹5.3 Lakhs
Salary of majority employees
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22% less than the average Relationship Manager Salary in Insurance Companies for 1 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Relationship Manager Salary
1 - 8 years exp. (13 salaries)
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₹2.4 L/yr - ₹4.5 L/yr

Sales & Business Development
Relationship Manager Salary
1 - 8 years exp. (8 salaries)
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₹3.1 L/yr - ₹4.4 L/yr

Finance & Accounting
Relationship Manager Salary
2 - 4 years exp. (6 salaries)
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₹3.1 L/yr - ₹4.7 L/yr

Customer Success, Service & Operations
Relationship Manager Salary
8 - 9 years exp. (AmbitionBox Estimate)
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₹3.4 L/yr - ₹5.3 L/yr

Marketing & Communication
Relationship Manager Salary
2 - 3 years exp. (AmbitionBox Estimate)
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₹3.3 L/yr - ₹4 L/yr

Last Updated: 29 Dec 2024

Companies similar to Kotak Mahindra General Insurance for Relationship Manager

Company name Avg Annual Salary Open Jobs
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₹2.5 L/yr - ₹8.6 L/yr

arrow icon 18% more
1 job opening
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₹2 L/yr - ₹6 L/yr

arrow icon 8% less
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₹1.7 L/yr - ₹6.5 L/yr

arrow icon 1% more
75 job openings
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₹3 L/yr - ₹8.3 L/yr

arrow icon 24% more
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Tata AIG Relationship Manager Salary

0 - 12 years exp. (883 salaries)

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₹2.2 L/yr - ₹7.5 L/yr

arrow icon 20% more
16 job openings
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₹1.8 L/yr - ₹6.6 L/yr

arrow icon 11% less
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₹1.8 L/yr - ₹4.3 L/yr

arrow icon 21% less
49 job openings
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HDFC Life Relationship Manager Salary

0 - 9 years exp. (745 salaries)

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₹1.7 L/yr - ₹5 L/yr

arrow icon 12% less
2 job openings
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₹1.9 L/yr - ₹8 L/yr

arrow icon 17% more
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₹2 L/yr - ₹5.9 L/yr

arrow icon 6% less
5 job openings
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₹2.2 L/yr - ₹5.8 L/yr

arrow icon 1% more
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₹1.8 L/yr - ₹7 L/yr

arrow icon 8% less
6 job openings
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₹2.2 L/yr - ₹4.5 L/yr

arrow icon 4% less
1 job opening
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₹2.1 L/yr - ₹8.5 L/yr

arrow icon 22% more
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₹2.1 L/yr - ₹6 L/yr

arrow icon 3% more
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₹2.2 L/yr - ₹6 L/yr

arrow icon 7% less
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₹2.8 L/yr - ₹4.5 L/yr

arrow icon 8% less
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Digit Insurance Relationship Manager Salary

1 - 8 years exp. (50 salaries)

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₹2.4 L/yr - ₹6.6 L/yr

arrow icon 12% more
10 job openings
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₹2 L/yr - ₹5 L/yr

arrow icon 8% less
24 job openings
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₹3 L/yr - ₹5.5 L/yr

arrow icon 13% more
View all
Relationship Manager salary at Kotak Mahindra General Insurance ranges between ₹2.4 Lakhs to ₹5.3 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 34 latest salaries received from various employees of Kotak Mahindra General Insurance.

Latest annual salaries shared by Kotak Mahindra General Insurance Relationship Manager

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Experience wise Kotak Mahindra General Insurance Relationship Manager salaries

Last Updated: 29 Dec 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹1.3 L/yr - ₹4.5 L/yr
2 years  (6 salaries)

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₹2.4 L/yr - ₹4.5 L/yr
3 years  (8 salaries)

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₹2.4 L/yr - ₹4.5 L/yr
4 years  (6 salaries)

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₹2.4 L/yr - ₹4.7 L/yr
5 years  (3 salaries)

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₹3.3 L/yr - ₹4.3 L/yr
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Similar Designation salaries in Kotak Mahindra General Insurance

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₹3 L/yr - ₹4.9 L/yr
Branch Manager Salary
(6 salaries)
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₹6.5 L/yr - ₹8.3 L/yr
Department Manager Salary
(AmbitionBox Estimate)
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₹5.8 L/yr - ₹7.4 L/yr
Deputy Manager Salary
(203 salaries)
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₹2.95 L/yr - ₹7.12 L/yr
Sales Manager Salary
(7 salaries)
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₹4.25 L/yr - ₹6.5 L/yr
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₹5 L/yr - ₹17.3 L/yr
Area Manager Salary
(5 salaries)
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₹10.3 L/yr - ₹17 L/yr
Branch Sales Manager Salary
(AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr
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₹2.7 L/yr - ₹4.1 L/yr
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₹2.05 L/yr - ₹5.13 L/yr

Top skills at Kotak Mahindra General Insurance for Relationship Manager

General Insurance Bancassurance Life Insurance Communication Skills

Salary related reviews for Kotak Mahindra General Insurance

3.8

Rated by 9 employees for salary & benefits

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

 · 

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.

read more
  • Salary - Bad
  • +6 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

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Kotak Mahindra General Insurance Relationship Manager Salary FAQs

What is the salary of Relationship Manager at Kotak Mahindra General Insurance?
Relationship Manager salary at Kotak Mahindra General Insurance in India ranges between ₹2.4 Lakhs to ₹5.3 Lakhs for experience between 1 years to 9 years. According to our estimates it is 22% less than the average Relationship Manager Salary in India. Salary estimates are based on 34 latest salaries received from various employees of Kotak Mahindra General Insurance India.
How does the salary of a Relationship Manager at Kotak Mahindra General Insurance India compare with the average salary range for this job?
The average salary of a Relationship Manager at Kotak Mahindra General Insurance is 22% less than the average salary of a Relationship Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Relationship Manager at Kotak Mahindra General Insurance?
General Insurance, Bancassurance, Life Insurance and Communication Skills are some of the popular skills required to work as a Relationship Manager at Kotak Mahindra General Insurance India.
Which similar companies are paying more than Kotak Mahindra General Insurance to a Relationship Manager in India?
  • Reliance General Insurance Relationship Manager Salary - ₹3.0 Lakhs to ₹8.3 Lakhs per year
  • Aditya Birla Health Insurance Co Relationship Manager Salary - ₹2.1 Lakhs to ₹8.5 Lakhs per year
  • Tata AIG Relationship Manager Salary - ₹2.2 Lakhs to ₹7.5 Lakhs per year
  • ICICI Lombard General Insurance Company Relationship Manager Salary - ₹2.5 Lakhs to ₹8.6 Lakhs per year
  • ICICI Prudential Life Insurance Relationship Manager Salary - ₹1.9 Lakhs to ₹8.0 Lakhs per year
What is the salary of a Relationship Manager in companies similar to Kotak Mahindra General Insurance in India?
  • Royal Sundaram General Insurance Relationship Manager Salary - ₹3.0 Lakhs to ₹5.5 Lakhs per year
  • Digit Insurance Relationship Manager Salary - ₹2.4 Lakhs to ₹6.6 Lakhs per year
  • Cholamandalam MS General Insurance Relationship Manager Salary - ₹2.1 Lakhs to ₹6.0 Lakhs per year
  • Bharti AXA Life Insurance Relationship Manager Salary - ₹2.2 Lakhs to ₹5.8 Lakhs per year
  • Bajaj Allianz General Insurance Relationship Manager Salary - ₹1.7 Lakhs to ₹6.5 Lakhs per year
What is the estimated take home salary of a Relationship Manager at Kotak Mahindra General Insurance in India?
The estimated take-home salary of a Relationship Manager at Kotak Mahindra General Insurance ranges between ₹28,793 per month to ₹30,176 per month in India. The take-home salary calculation is based on the average Kotak Mahindra General Insurance Relationship Manager salary in India which ranges between ₹2.4 Lakhs to ₹5.3 Lakhs per year for employees with experience between 1 years to 9 years. Check how did we calculate take home salary?
What is the notice period for Relationship Manager at Kotak Mahindra General Insurance?
According to AmbitionBox, 59% of the Kotak Mahindra General Insurance Relationship Managers reported a notice period of 3 Months, 27% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 22 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindra General Insurance Relationship Manager salary in India ranges between ₹2.4 Lakhs to ₹5.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 34 Kotak Mahindra General Insurance latest salaries received from various employees of Kotak Mahindra General Insurance.