Nova Benefits Relationship Manager Salaries by 7 Employees (Updated 2025)

3 - 8 years exp.

₹7 Lakhs - ₹8 Lakhs

Salary of majority employees

Fixed (73%)

₹5.6 Lakhs

Variable (27%)

₹2.0 Lakhs

51% more than the average Relationship Manager Salary in Insurance Companies for 3 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Relationship Manager Salary 7 - 8 years exp. (AmbitionBox Estimate)	₹7 L/yr - ₹7.5 L/yr
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Customer Success, Service & Operations Relationship Manager Salary 5 years exp. (AmbitionBox Estimate)	₹7.5 L/yr - ₹8.7 L/yr

Last Updated: 24 Mar 2025

Companies similar to Nova Benefits for Relationship Manager

Company name	Avg Annual Salary	Open Jobs
Ginteja Insurance Brokers Relationship Manager Salary 0 - 10 years exp. (14 salaries)	₹2.5 L/yr - ₹4.1 L/yr 53% less
Salasar Services Insurance Brokers Relationship Manager Salary 1 - 10 years exp. (10 salaries)	₹2.6 L/yr - ₹3.9 L/yr 58% less	2 job openings
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Coverfox Relationship Manager Salary 1 - 9 years exp. (9 salaries)	₹3.4 L/yr - ₹4.7 L/yr 47% less
Robinhood Insurance Broker Relationship Manager Salary 0 - 9 years exp. (7 salaries)	₹3 L/yr - ₹4.5 L/yr 54% less
Health Insurance TPA of India Relationship Manager Salary 1 - 10 years exp. (7 salaries)	₹2.2 L/yr - ₹10.2 L/yr 32% less
Aditya Birla Insurance Brokers Relationship Manager Salary 2 - 10 years exp. (7 salaries)	₹2.2 L/yr - ₹5.1 L/yr 54% less
Docland Relationship Manager Salary 1 - 5 years exp. (6 salaries)	₹1.8 L/yr - ₹5.1 L/yr 62% less
SecureNow Insurance Broker Relationship Manager Salary 7 - 10 years exp. (5 salaries)	₹5.3 L/yr - ₹6 L/yr 27% less
Square Insurance Brokers Relationship Manager Salary 0 - 6 years exp. (5 salaries)	₹1.9 L/yr - ₹5 L/yr 57% less
Prudent Insurance Brokers Relationship Manager Salary 0 - 16 years exp. (4 salaries)	₹3 L/yr - ₹10 L/yr 13% less
Ideal Insurance Brokers Relationship Manager Salary 1 - 7 years exp. (4 salaries)	₹2.8 L/yr - ₹4.5 L/yr 52% less
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Futurisk Insurance Broking Relationship Manager Salary 3 - 14 years exp. (3 salaries)	₹2.6 L/yr - ₹4.7 L/yr 53% less
Vizza Insurance Broking Services Relationship Manager Salary 0 - 4 years exp. (3 salaries)	₹2.1 L/yr - ₹4.3 L/yr 58% less	1 job opening

Relationship Manager salary at Nova Benefits ranges between ₹7 Lakhs to ₹8 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 7 latest salaries received from various employees of Nova Benefits.

Experience wise Nova Benefits Relationship Manager salaries

Last Updated: 24 Mar 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.7 L/yr
4 years (3 salaries)	₹7 L/yr - ₹13.7 L/yr
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5 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.8 L/yr
6 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.8 L/yr
7 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.8 L/yr
8 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.8 L/yr

View all

Similar Designation salaries in Nova Benefits

Sales Manager Salary

(AmbitionBox Estimate)

₹10.8 L/yr - ₹13.8 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Sales Executive Salary

(AmbitionBox Estimate)

₹7.9 L/yr - ₹10.1 L/yr

Business Development Manager Salary

(AmbitionBox Estimate)

₹11.7 L/yr - ₹15 L/yr

Business Development Associate Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Business Development Executive Salary

(3 salaries)

₹3.5 L/yr - ₹8.1 L/yr

Top skills at Nova Benefits for Relationship Manager

Relationship Supervision Key Account Management Computer science Advisory Sensors Excel Advertising Presentation Skills Mechanical Wellness Credit Compensation Sales Management Penetration

Salary related reviews for Nova Benefits

3.1

Rated by 3 employees for salary & benefits

Relationship Manager in Bangalore / Bengaluru

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 24 Mar 2025

2.0

for Salary and Benefits

Likes

Nova provides some benefits like 3 times meals and monthly once or quarterly once party at office.

Company culture - Good

Dislikes

... handle client and customer,which you get call anytime and have to support them. Salary - having a good experience, but the salary is not been paid well. The HR Should look into it, if the experience candidate is hired so they should pay as atleast decent salary. Promotion - you should engage with all in company and work smarter and have a confident to ask promotion and follow up as much as possible to get promoted.

Salary - Poor

+4 more

General Manager in New Delhi

Full Time

Sales & Business Development Department

5.0

• posted on 11 Aug 2024

5.0

for Salary and Benefits

Likes

Excellent exposure and avenues to learn. No micromanagement and one has the liberty to experiment with ideas.

Salary - Excellent

+6 more

Dislikes

HR team seems to be carried away and often seems working as founder’s office staff than being HRs. Identification of unique strengths of people and utilising them in the right direction is something that’s been hugely missed out.

Executive Accountant in Bangalore / Bengaluru

Full Time

Sales & Business Development Department

1.0

• posted on 11 Oct 2023

2.0

for Salary and Benefits

Likes

Nothing

Dislikes

Hire and fire policy, hardly any time to find your footing as an employee. Employees are treated like furniture that can be thrown out whenever management decides. Ruined the career of many employees due to the short tenure which is listed on the CVs

Salary - Poor

+6 more

Functional Lead (working remotely)

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 16 Oct 2023

4.0

for Salary and Benefits

Likes

1. Problems in the company are discussed openly and transparently to arrive at solutions 2. Company is people centric and makes the effort to take care of the team in different ways 3. Working towards building a sustainable and growing business

Salary - Good

+6 more

Dislikes

Nothing

Demand Generation Associate in Bangalore / Bengaluru

Growth Department

4.0

• posted on 26 Oct 2022

4.0

for Salary and Benefits

Likes

Nova Benefits has an excellent work culture and a very positive environment to work on. I started out as an Intern and have been converted to a full-timer. In the six months of being associated with the company, I've learnt a great deal. The amount of learnings one can have is immeasurable. One can don a lot of caps and earn immense insights from it. The work timings are quite flexible and the perks that are offered are great!

Salary - Good

+4 more

Dislikes

There are no genuine dislikes about the company, except for the fact that some days, one may need to stretch longer than usual

Job security - Poor

see more salary related reviews

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Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Nova Benefits Relationship Manager Salary FAQs

What is the salary of Relationship Manager at Nova Benefits ?

The average salary of a Relationship Manager at Nova Benefits in India typically ranges from ₹7.0 Lakhs to ₹8.0 Lakhs per year, depending on experience (from 3 years to 8 years).

The top 10% of Relationship Manager at Nova Benefits earn more than ₹7.9 Lakhs per year, and the top 1% earn over ₹8.0 Lakhs per year. Relationship Manager Salaries at Nova Benefits 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 7 Nova Benefits employees in India.

What is the estimated take home salary of a Relationship Manager at Nova Benefits in India?

The estimated take-home salary of a Relationship Manager at Nova Benefits in India typically ranges from ₹56,462 to ₹57,878 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹8.0 Lakhs per year for employees with experience ranging from 3 years to 8 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 7 salaries received from various employees of Nova Benefits. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Relationship Manager at Nova Benefits ?

To be a Relationship Manager at Nova Benefits in india, the key skills required include:

- Relationship
- Supervision
- Key Account Management
- Computer science
- Advisory

These skills are highly valued at Nova Benefits and are crucial for successful performance in a Software Engineering role.

What is the salary of a Relationship Manager in companies similar to Nova Benefits in India?

The salary of a Relationship Manager at companies similar to Nova Benefits in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Prudent Insurance Brokers	₹3.0 Lakhs to ₹10.0 Lakhs per year
SecureNow Insurance Broker	₹5.3 Lakhs to ₹6.0 Lakhs per year
Health Insurance TPA of India	₹2.2 Lakhs to ₹10.2 Lakhs per year
Coverfox	₹3.4 Lakhs to ₹4.7 Lakhs per year
Ideal Insurance Brokers	₹2.8 Lakhs to ₹4.5 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 Relationship Manager at Nova Benefits in India?

The salary growth for a Relationship Manager at Nova Benefits depends on factors such as experience, performance, and promotions. On average, a Relationship Manager can expect the following growth trajectory at Nova Benefits:

Experience	Average Salary Range
3 years	₹6.8 Lakhs to ₹8.7 Lakhs per year
4 years	₹7.0 Lakhs to ₹13.7 Lakhs per year
5 years	₹6.9 Lakhs to ₹8.8 Lakhs per year
6 years	₹6.9 Lakhs to ₹8.8 Lakhs per year

and so on.

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Nova Benefits Relationship Manager Salaries

Nova Benefits Relationship Manager salary in India ranges between ₹7 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Nova Benefits latest salaries received from various employees of Nova Benefits.