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

7 - 8 years exp.

₹4.3 Lakhs - ₹6.5 Lakhs

Salary of majority employees

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26% less than the average Sales Manager Salary in Insurance Companies for 7 - 8 years of experience

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Salaries in different departments

Sales & Business Development Sales Manager Salary 7 - 8 years exp. (4 salaries)	Unlock ₹4.6 L/yr - ₹6.5 L/yr
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BFSI, Investments & Trading Sales Manager Salary 8 years exp. (AmbitionBox Estimate)	Unlock ₹3.8 L/yr - ₹5.3 L/yr

Last Updated: 13 Feb 2025

Companies similar to Kotak Mahindra General Insurance for Sales Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Sales Manager Salary 1 - 14 years exp. (575 salaries)	Unlock ₹2 L/yr - ₹11.4 L/yr 29% more	1 job opening
HDFC Ergo General Insurance Sales Manager Salary 0 - 10 years exp. (284 salaries)	Unlock ₹2.2 L/yr - ₹7.7 L/yr 16% less
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Bajaj Allianz General Insurance Sales Manager Salary 0 - 14 years exp. (469 salaries)	Unlock ₹1.8 L/yr - ₹6.8 L/yr 9% less	75 job openings
Reliance General Insurance Sales Manager Salary 0 - 14 years exp. (603 salaries)	Unlock ₹1.9 L/yr - ₹8 L/yr 1% less
Tata AIG Sales Manager Salary 2 - 14 years exp. (212 salaries)	Unlock ₹2.5 L/yr - ₹10.5 L/yr 27% more	2 job openings
United India Insurance Company Sales Manager Salary 10 - 14 years exp. (4 salaries)	Unlock ₹3.3 L/yr - ₹4.3 L/yr 30% less
SBI General Insurance Sales Manager Salary 3 - 11 years exp. (13 salaries)	Unlock ₹3.3 L/yr - ₹6.2 L/yr 18% less
Future Generali India Life Insurance Sales Manager Salary 0 - 10 years exp. (414 salaries)	Unlock ₹2.2 L/yr - ₹6 L/yr 28% less	40 job openings
ICICI Prudential Life Insurance Sales Manager Salary 0 - 12 years exp. (965 salaries)	Unlock ₹2.5 L/yr - ₹10.6 L/yr 31% more	15 job openings
HDFC Life Sales Manager Salary 0 - 11 years exp. (702 salaries)	Unlock ₹1.6 L/yr - ₹7.5 L/yr 9% less	3 job openings
Kotak Mahindara Life Insurance Sales Manager Salary 0 - 10 years exp. (555 salaries)	Unlock ₹2 L/yr - ₹6.3 L/yr 15% less	5 job openings
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Aditya Birla Health Insurance Co Sales Manager Salary 0 - 8 years exp. (460 salaries)	Unlock ₹2.6 L/yr - ₹5.1 L/yr 22% less
Cholamandalam MS General Insurance Sales Manager Salary 1 - 10 years exp. (204 salaries)	Unlock ₹2 L/yr - ₹6.5 L/yr 21% less
Pramerica Life Insurance Sales Manager Salary 0 - 8 years exp. (165 salaries)	Unlock ₹2 L/yr - ₹5 L/yr 37% less	29 job openings
Bharti AXA Life Insurance Sales Manager Salary 1 - 12 years exp. (119 salaries)	Unlock ₹2.1 L/yr - ₹7.4 L/yr 17% less	1 job opening
Aviva Life Insurance India Sales Manager Salary 1 - 13 years exp. (112 salaries)	Unlock ₹1.9 L/yr - ₹5.3 L/yr 25% less
Edelweiss Life Insurance Sales Manager Salary 3 - 9 years exp. (41 salaries)	Unlock ₹2.5 L/yr - ₹6 L/yr 25% less
MetLife Sales Manager Salary 1 - 7 years exp. (22 salaries)	Unlock ₹1.8 L/yr - ₹4 L/yr 38% less
IndiaFirst Life Insurance Sales Manager Salary 2 - 8 years exp. (21 salaries)	Unlock ₹2.4 L/yr - ₹6.1 L/yr 23% less
Royal Sundaram General Insurance Sales Manager Salary 1 - 10 years exp. (18 salaries)	Unlock ₹1.8 L/yr - ₹8.9 L/yr 21% less

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Sales Manager salary at Kotak Mahindra General Insurance ranges between ₹4.3 Lakhs to ₹6.5 Lakhs per year for employees with experience between 7 years to 8 years. Salary estimates are based on 7 latest salaries received from various employees of Kotak Mahindra General Insurance.

Experience wise Kotak Mahindra General Insurance Sales Manager salaries

Last Updated: 13 Feb 2025

Experience	Avg Annual Salary
7 years (3 salaries)	Unlock ₹4.6 L/yr - ₹6.5 L/yr
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8 years (4 salaries)	Unlock ₹4.3 L/yr - ₹5.6 L/yr

Similar Designation salaries in Kotak Mahindra General Insurance

Area Manager Salary

(5 salaries)

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₹10.3 L/yr - ₹17 L/yr

Branch Manager Salary

(6 salaries)

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₹6.5 L/yr - ₹8.3 L/yr

Area Sales Manager Salary

(7 salaries)

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₹5 L/yr - ₹17.3 L/yr

Sales Officer Salary

(4 salaries)

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₹1.5 L/yr - ₹3.5 L/yr

Zonal Sales Manager Salary

(3 salaries)

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₹13 L/yr - ₹22.7 L/yr

Deputy Manager Salary

(229 salaries)

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₹2.95 L/yr - ₹7.12 L/yr

Business Manager Salary

(AmbitionBox Estimate)

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₹2.3 L/yr - ₹2.9 L/yr

Regional Manager Salary

(4 salaries)

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₹14.5 L/yr - ₹30 L/yr

Sales Executive Salary

(3 salaries)

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₹2 L/yr - ₹3.9 L/yr

Assistant Sales Manager Salary

(7 salaries)

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₹2.7 L/yr - ₹4.1 L/yr

Top skills at Kotak Mahindra General Insurance for Sales Manager

General Insurance Sales Agency Sales Motor Insurance Bancassurance Product Sales Agency Channel

Salary related reviews for Kotak Mahindra General Insurance

2.0

Rated by 2 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

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

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Kotak Mahindra General Insurance Sales Manager Salary FAQs

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

Sales Manager salary at Kotak Mahindra General Insurance in India ranges between ₹4.3 Lakhs to ₹6.5 Lakhs for experience between 7 years to 8 years. According to our estimates it is 26% less than the average 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 Sales Manager at Kotak Mahindra General Insurance India compare with the average salary range for this job?

The average salary of a Sales Manager at Kotak Mahindra General Insurance is 26% less than the average salary of a Sales Manager in India. To know exact salary insights, login to view.

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

General Insurance, Sales, Agency Sales, Motor Insurance and Bancassurance are some of the popular skills required to work as a Sales Manager at Kotak Mahindra General Insurance India.

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

Allianz Partners Sales Manager Salary - ₹15.0 Lakhs to ₹18.5 Lakhs per year
Medi Assist India Sales Manager Salary - ₹1.9 Lakhs to ₹14.2 Lakhs per year
ICICI Prudential Life Insurance Sales Manager Salary - ₹2.5 Lakhs to ₹10.6 Lakhs per year
ICICI Lombard General Insurance Company Sales Manager Salary - ₹2.0 Lakhs to ₹11.4 Lakhs per year
Tata AIG Sales Manager Salary - ₹2.5 Lakhs to ₹10.5 Lakhs per year

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

Reliance General Insurance Sales Manager Salary - ₹1.9 Lakhs to ₹8.0 Lakhs per year
Bajaj Allianz General Insurance Sales Manager Salary - ₹1.8 Lakhs to ₹6.8 Lakhs per year
HDFC Life Sales Manager Salary - ₹1.6 Lakhs to ₹7.5 Lakhs per year
Kotak Mahindara Life Insurance Sales Manager Salary - ₹2.0 Lakhs to ₹6.3 Lakhs per year
HDFC Ergo General Insurance Sales Manager Salary - ₹2.2 Lakhs to ₹7.7 Lakhs per year

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

The estimated take-home salary of a Sales Manager at Kotak Mahindra General Insurance ranges between ₹39,196 per month to ₹40,373 per month in India. The take-home salary calculation is based on the average Kotak Mahindra General Insurance Sales Manager salary in India which ranges between ₹4.3 Lakhs to ₹6.5 Lakhs per year for employees with experience between 7 years to 8 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 43% of the Kotak Mahindra General Insurance Sales Managers reported a notice period of 3 Months, 28% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 7 responses on AmbitionBox in last 2 years.

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Kotak Mahindra General Insurance Sales Manager Salaries

Kotak Mahindra General Insurance Sales Manager salary in India ranges between ₹4.3 Lakhs to ₹6.5 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.