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Annual salary range
0 - 9 years exp.
₹3
Lakhs - ₹5.5
Lakhs
Salary of majority employees
Avg. annual salary
Monthly In-hand Salary
Sales Manager Salary at Kotak Mahindara Life Insurance ranges between ₹3 Lakhs to ₹5.5 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 54...
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33% less than the average Sales Manager Salary in Insurance Companies for 0 - 9 years of experience
Interested in this particular role? 105 job openings
Companies similar to Kotak Mahindara Life Insurance for Sales Manager in Chennai
Kotak Mahindara Life Insurance
Sales Manager Salary
0 - 9 years exp. (54 salaries) |  ₹3 L/yr - ₹5.5 L/yr |
vs
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 HDFC Life Sales Manager Salary
0 - 11 years exp. (58 salaries) |  ₹2.5 L/yr - ₹6.2 L/yr 
8%
more | 4 job openings |
 ICICI Prudential Life Insurance Sales Manager Salary
1 - 13 years exp. (56 salaries) | ₹4.2 L/yr - ₹10 L/yr
52%
more | 116 job openings |
Login to view exact salary
| ||
 Axis Max Life Insurance Sales Manager Salary
1 - 9 years exp. (44 salaries) | ₹3 L/yr - ₹5.5 L/yr
5%
more | 1 job opening |
 ICICI Lombard General Insurance Company Sales Manager Salary
2 - 14 years exp. (36 salaries) | ₹4.2 L/yr - ₹9.4 L/yr
54%
more | 2 job openings |
 Aditya Birla Sun Life Insurance Sales Manager Salary
2 - 10 years exp. (28 salaries) | ₹4.2 L/yr - ₹8.5 L/yr
35%
more | |
 Star Health & Allied Insurance Sales Manager Salary
0 - 10 years exp. (27 salaries) | ₹1.7 L/yr - ₹6 L/yr 
23%
less | 5 job openings |
 HDFC Ergo General Insurance Sales Manager Salary
3 - 9 years exp. (17 salaries) | ₹3 L/yr - ₹7 L/yr
1%
more | |
Login to view exact salary
| ||
 Tata AIA Life Insurance Sales Manager Salary
5 - 10 years exp. (12 salaries) | ₹4 L/yr - ₹8.8 L/yr
45%
more | 1 job opening |
 AIG Sales Manager Salary
1 - 5 years exp. (4 salaries) | ₹5.6 L/yr - ₹6.3 L/yr
33%
more | |
Kotak Mahindara Life Insurance Sales Manager
Salary and Career Growth
From
To
Sales Manager
₹
Lakhs/yr
Lakhs/yr
0 - 10 years exp.
Branch Manager
₹
Lakhs/yr
Lakhs/yr
5 - 16 years exp.
Sales Manager
0 - 10
years
exp.
Assistant Branch Manager
2 - 15
years
exp.
49% hike
Branch Manager
5 - 16
years
exp.
42% hike
Disclaimer: Our data limits
the visualization of this career path at this point. However, other roles and
opportunities might be available within the organization beyond what is shown
here.
Latest annual salaries shared by Kotak Mahindara Life Insurance Sales Manager in Chennai
1w ago
₹5.5
Lakhs
7
years
exp.
1w ago
₹3.4
Lakhs
7
years
exp.
3w ago
₹4.8
Lakhs
7
years
exp.
3w ago
₹4.3
Lakhs
5
years
exp.
3w ago
₹5
Lakhs
3
years
exp.
3w ago
5
years
exp.
3w ago
6
months
exp.
4w ago
6
years
exp.
1mo ago
2
years
exp.
4mo ago
3
months
exp.
Kotak Mahindara Life Insurance Sales Manager salaries by
| Years of experience | Avg. annual salary |
|---|---|
| Fresher (7 salaries) |
₹3.5
L/yr
- ₹4.6
L/yr
|
| 1 year (6 salaries) |
₹3.5
L/yr
- ₹5.1
L/yr
|
Login to view exact salary
| |
| 2 years (3 salaries) |
₹3
L/yr
- ₹4.6
L/yr
|
| 3 years (3 salaries) |
₹4
L/yr
- ₹5
L/yr
|
| 4 years (7 salaries) |
₹3.5
L/yr
- ₹5
L/yr
|
View all salaries by experience
Similar Designation Salaries at Kotak Mahindara Life Insurance
| Similar Designation | Avg. annual salary |
|---|---|
Deputy Manager Salary
(53 salaries)
| ₹2.5 L/yr - ₹5.5 L/yr |
Branch Manager Salary
(13 salaries)
| ₹5.5 L/yr - ₹9.9 L/yr |
Login to view exact salary
| |
Area Manager Salary
(3 salaries)
| ₹8.0 L/yr - ₹14 L/yr |
What people are saying about Kotak Mahindara Life Insurance
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Salary related reviews for Kotak Mahindara Life Insurance
Kotak Mahindara Life Insurance Sales Manager Salary FAQs
What is the salary of Sales Manager at Kotak Mahindara Life Insurance in Chennai?
The average salary of a Sales Manager at Kotak Mahindara Life Insurance in Chennai typically ranges from ₹3.0 Lakhs to ₹5.5 Lakhs per year, depending on experience (from Fresher to 9 years).
The top 10% of Sales Manager in Chennai at Kotak Mahindara Life Insurance earn more than ₹5.3 Lakhs per year, and the top 1% earn over ₹5.5 Lakhs per year. Sales Manager Salaries at Kotak Mahindara Life Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.
These estimates are based on salary data submitted by 50+ Kotak Mahindara Life Insurance employees in India.
The top 10% of Sales Manager in Chennai at Kotak Mahindara Life Insurance earn more than ₹5.3 Lakhs per year, and the top 1% earn over ₹5.5 Lakhs per year. Sales Manager Salaries at Kotak Mahindara Life Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.
These estimates are based on salary data submitted by 50+ Kotak Mahindara Life Insurance employees in India.
What is the estimated take home salary of a Sales Manager at Kotak Mahindara Life Insurance in Chennai?
The estimated take-home salary of a Sales Manager at Kotak Mahindara Life Insurance in Chennai typically ranges from ₹32,999 to ₹34,269 per month. This is based on the average salary range of
₹3.0 Lakhs to ₹5.5 Lakhs
per year for employees with experience ranging from Fresher to 9 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 50+ salaries received from various employees of Kotak Mahindara Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Sales Manager at Kotak Mahindara Life Insurance in Chennai?
To be a Sales Manager at Kotak Mahindara Life Insurance in Chennai, the key skills required include:
These skills are highly valued at Kotak Mahindara Life Insurance and are crucial for successful performance in a Software Engineering role.
- - Sales
- - Business Development
- - Relationship Management
- - Life Insurance
- - Field Sales
These skills are highly valued at Kotak Mahindara Life Insurance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Kotak Mahindara Life Insurance for Sales Manager in India?
| ICICI Lombard General Insurance Company | ₹4.2 Lakhs to ₹9.4 Lakhs per year |
| ICICI Prudential Life Insurance | ₹4.2 Lakhs to ₹10.0 Lakhs per year |
| Tata AIA Life Insurance | ₹4.0 Lakhs to ₹8.8 Lakhs per year |
| Aditya Birla Sun Life Insurance | ₹4.2 Lakhs to ₹8.5 Lakhs per year |
| AIG | ₹5.6 Lakhs to ₹6.3 Lakhs per year |
These companies are known for offering competitive compensation packages that can exceed the salary offered by Kotak Mahindara Life Insurance, depending on the role and experience level.
What is the salary of a Sales Manager in companies similar to Kotak Mahindara Life Insurance in Chennai?
The salary of a Sales Manager at companies similar to Kotak Mahindara Life Insurance in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:
These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
| HDFC Life | ₹2.5 Lakhs to ₹6.2 Lakhs per year |
| Axis Max Life Insurance | ₹3.0 Lakhs to ₹5.5 Lakhs per year |
| HDFC Ergo General Insurance | ₹3.0 Lakhs to ₹7.0 Lakhs per year |
| Star Health & Allied Insurance | ₹1.7 Lakhs to ₹6.0 Lakhs per year |
These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Sales Manager at Kotak Mahindara Life Insurance in Chennai?
The salary growth for a Sales Manager at Kotak Mahindara Life Insurance in Chennai depends on factors such as experience, performance, and promotions. On average, a Sales Manager in Chennai can expect the following growth trajectory at Kotak Mahindara Life Insurance:
and so on.
| Experience | Average Salary Range |
|---|---|
| Fresher | ₹3.5 Lakhs to ₹4.6 Lakhs per year |
| 1 year | ₹3.5 Lakhs to ₹5.1 Lakhs per year |
| 2 years | ₹3.0 Lakhs to ₹4.6 Lakhs per year |
| 3 years | ₹4.0 Lakhs to ₹5.0 Lakhs per year |
Top skills at Kotak Mahindara Life Insurance for Sales Manager
Sales
Leadership
Negotiation
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- Kotak Mahindara Life Insurance Sales Manager Salaries in Chennai
Kotak Mahindara Life Insurance Sales Manager salary
in
Chennai
ranges between ₹3
Lakhs to ₹5.5
Lakhs with an average annual salary of
₹. Salary estimates are based on
54
Kotak Mahindara Life Insurance latest salaries received from various employees of
Kotak Mahindara Life Insurance.