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Reliance Nippon Life Insurance
3.6
based on 2.7k Reviews
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Company Overview
Company Locations
Working at Reliance Nippon Life Insurance
Company Summary
Reliance Nippon Life Insurance, a leading life insurance company in India, offers a wide range range of inusrance plans such as term insurance, savings, child policies & more.
Overall Rating
3.6/5
based on 2.7k reviews
8% below
industry average
Critically rated for
Promotions, Job security, Work satisfaction
Work Policy
Work from office
86% employees reported
Monday to Saturday
81% employees reported
Flexible timing
51% employees reported
Within city
56% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
147 employees reported
Health insurance
100 employees reported
Professional degree assistance
23 employees reported
Office cab/shuttle
21 employees reported
View all benefits
About Reliance Nippon Life Insurance
Founded in2000 (25 yrs old)
India Employee Count10k-50k
Global Employee Count10k-50k
India HeadquartersMumbai, Maharashtra, India
Office Locations
--
Websitereliancenipponlife.com
Primary Industry
Other Industries
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View in video summary
Reliance Nippon Life Insurance Company is a part of Reliance Capital , one of India's leading private sector financial services companies, which ranks among the top private sector financial services and non-banking companies, in terms of net worth. Reliance Capital has interests in asset management and mutual funds, stock broking, life & general insurance, proprietary investments, private equity and other activities in financial services. Reliance Nippon Life Insurance Company is amongst the leading private sector life insurance companies in India in terms of individual WRP (weighted received premium) and new business WRP. The company is one of the largest non-bank supported private life insurers with over 10 million policyholders, a strong distribution network of 727 branches and more than 55,492 advisors as on March 31, 2019
Mission: Planning people's future and standing by them in their hour of need goes beyond business, it takes a selfless intent of thinking well for others. Our advisors enjoy high credibility and stature in society, having helped not only shape the future of families, but also recuperate in tough times. 'Do Good' is our intent, our philosophy and belief that we aim to bring alive through every life we touch.
Vision: TO BE A COMPANY PEOPLE ARE PROUD OF, TRUST IN AND GROW WITH; PROVIDING FINANCIAL INDEPENDENCE TO EVERY LIFE WE TOUCH.
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Reliance Nippon Life Insurance Ratings
based on 2.7k reviews
Overall Rating
3.6/5
How AmbitionBox ratings work?
5
1.2k
4
587
3
339
2
160
1
382
Category Ratings
3.5
Salary
3.5
Work-life balance
3.4
Skill development
3.3
Company culture
3.3
Work satisfaction
3.2
Job security
3.2
Promotions
Reliance Nippon Life Insurance is rated 3.6 out of 5 stars on AmbitionBox, based on 2.7k company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Reliance Nippon Life Insurance
based on 2.5k reviews
3.7
Rated by 528 Women
Rated 3.5 for Work-life balance and 3.4 for Company culture
3.6
Rated by 2k Men
Rated 3.5 for Work-life balance and 3.5 for Salary
Work Policy at Reliance Nippon Life Insurance
based on 249 reviews in last 6 months
Work from office
86%
Hybrid
10%
Permanent work from home
4%
Reliance Nippon Life Insurance Reviews
Top mentions in Reliance Nippon Life Insurance Reviews
+ 5 more
Compare Reliance Nippon Life Insurance with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 3.6/5 based on 2.7k reviews | 4.1/5 based on 6.2k reviews | 3.8/5 based on 3.8k reviews | 4.0/5 based on 9k reviews |
Highly Rated for | No highly rated category | Job security Skill development Salary | Job security | Skill development Work-life balance Job security |
Critically Rated for | Job security Promotions Company culture | No critically rated category | Promotions | No critically rated category |
Primary Work Policy | Work from office 86% employees reported | Work from office 88% employees reported | Work from office 77% employees reported | Work from office 81% employees reported |
Rating by Women Employees | 3.7 Good rated by 528 women | 4.0 Good rated by 1.4k women | 3.7 Good rated by 603 women | 3.9 Good rated by 1.9k women |
Rating by Men Employees | 3.6 Good rated by 2k men | 4.1 Good rated by 4.5k men | 3.8 Good rated by 3k men | 4.0 Good rated by 6.7k men |
Job security | 3.2 Average | 4.1 Good | 3.8 Good | 3.8 Good |
View more
Reliance Nippon Life Insurance Salaries
Reliance Nippon Life Insurance salaries have received with an average score of 3.5 out of 5 by 2.7k employees.
Senior Relationship Manager
(306 salaries)
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₹1.9 L/yr - ₹4.5 L/yr
Assistant Branch Manager
(303 salaries)
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₹4 L/yr - ₹7.5 L/yr
Sales Manager
(241 salaries)
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₹1.5 L/yr - ₹6 L/yr
Relationship Manager
(218 salaries)
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₹1.7 L/yr - ₹5.1 L/yr
Life Planning Officer
(202 salaries)
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₹1 L/yr - ₹3.5 L/yr
Branch Manager
(194 salaries)
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₹3.8 L/yr - ₹10 L/yr
Executive Relationship Manager
(185 salaries)
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₹2.6 L/yr - ₹4 L/yr
Ardm
(182 salaries)
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₹1.5 L/yr - ₹4.3 L/yr
Senior Territory Manager
(165 salaries)
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₹6.3 L/yr - ₹14 L/yr
Key Relationship Manager
(154 salaries)
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₹1.6 L/yr - ₹3.8 L/yr
Reliance Nippon Life Insurance Interview Questions
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Reliance Nippon Life Insurance News
DLF elevates Arun Verma to SVP & head-HR for the rental business
- DLF has promoted Arun Verma to the position of senior vice president and head of HR for the rental business.
- Verma joined DLF in 2024 and previously served as SVP-HR, leading HR operations, learning and development, and corporate HR.
- Before joining DLF, Verma worked for Servify as chief HR officer and SVP-HR & admin, responsible for people experience and capability development across Asia, Europe, and North America.
- Verma has over two decades of experience and has worked for companies such as CavinKare, Reliance Mutual Fund, Reliance Life Insurance, McKinsey & Company, Xerox India, and Brightstar.
HRKatha | 2 Jan, 2025
Japan: Nippon Makes Record Overseas Insurance Purchase
- Nippon Life Insurance, Japan’s largest private insurer, is acquiring global life insurance firm Resolution Life Group Holdings for $8.2 billion.
- The acquisition aims to boost Nippon Life's global presence in the face of a shrinking domestic market.
- Resolution Life specializes in managing portfolios of life insurance policies and reinsurance, providing Nippon Life a platform to enter the US market.
- The deal aligns with Nippon Life's mid-term business plan to expand globally and reduce dependence on the domestic market.
Global Finance Magazine | 27 Dec, 2024
Nippon Life To Buy Resolution Life For $8.2 Billion, Nikkei Says
- Nippon Life Insurance plans to acquire Resolution Life Group Holdings for $8.2 billion, making it the largest acquisition by a Japanese insurer.
- The acquisition will make Resolution Life a wholly owned unit of Nippon Life by the second half of 2025.
- Nippon Life is already a shareholder in Resolution Life with a 23% stake.
- Japanese insurers are diversifying their businesses due to demographic changes, and Nippon Life is seeking new growth drivers in asset management and healthcare.
Bloomberg Quint | 10 Dec, 2024
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Reliance Nippon Life Insurance FAQs
When was Reliance Nippon Life Insurance founded?
Reliance Nippon Life Insurance was founded in 2000. The company has been operating for 25 years primarily in the Insurance sector.
Where is the Reliance Nippon Life Insurance headquarters located?
Reliance Nippon Life Insurance is headquartered in Mumbai, Maharashtra.
How many employees does Reliance Nippon Life Insurance have in India?
Reliance Nippon Life Insurance currently has more than 11,000+ employees in India. BFSI, Investments & Trading department appears to have the highest employee count in Reliance Nippon Life Insurance based on the number of reviews submitted on AmbitionBox.
Does Reliance Nippon Life Insurance have good work-life balance?
Reliance Nippon Life Insurance has a Work-Life Balance Rating of 3.5 out of 5 based on 2,600+ employee reviews on AmbitionBox. 67% employees rated Reliance Nippon Life Insurance 4 or above, while 33% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read Reliance Nippon Life Insurance work-life balance reviews for more details
Is Reliance Nippon Life Insurance good for career growth?
Career growth at Reliance Nippon Life Insurance is rated as moderate, with a promotions and appraisal rating of 3.2. 33% employees rated Reliance Nippon Life Insurance 3 or below, while 67% employees rated it 4 or above on promotions/appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading Reliance Nippon Life Insurance promotions/appraisals reviews for more detailed insights.
What are the cons of working in Reliance Nippon Life Insurance?
Working at Reliance Nippon Life Insurance does have some drawbacks that potential employees should consider. The company is poorly rated for promotions / appraisal, job security and work satisfaction, based on 2,600+ employee reviews on AmbitionBox.
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