Reliance General Insurance Channel Development Manager Salaries by 7 Employees (Updated 2025)

12 - 19 years exp.

₹7.3 Lakhs - ₹9 Lakhs

Low Confidence

Salary of majority employees

29% less than the average Channel Development Manager Salary in Insurance Companies for 12 - 19 years of experience

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Salaries in different departments

Sales & Business Development Channel Development Manager Salary 18 - 19 years exp. (AmbitionBox Estimate)	₹8.6 L/yr - ₹9 L/yr
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Teaching & Training Channel Development Manager Salary 12 years exp. (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.4 L/yr

Last Updated: 14 Jan 2025

Companies similar to Reliance General Insurance for Channel Development Manager

Company name	Avg Annual Salary	Open Jobs
Tata AIG Channel Development Manager Salary 1 - 6 years exp. (14 salaries)	₹4 L/yr - ₹7.6 L/yr 31% less
Future Generali India Life Insurance Channel Development Manager Salary 4 - 18 years exp. (40 salaries)	₹5.5 L/yr - ₹9 L/yr 10% less
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HDFC Life Channel Development Manager Salary 3 - 10 years exp. (21 salaries)	₹4 L/yr - ₹7 L/yr 42% less
Reliance Nippon Life Insurance Channel Development Manager Salary 0 - 5 years exp. (3 salaries)	₹1.5 L/yr - ₹5.4 L/yr 49% less
Tata AIA Life Insurance Channel Development Manager Salary 1 - 8 years exp. (3 salaries)	₹4.5 L/yr - ₹7 L/yr 33% less

Channel Development Manager salary at Reliance General Insurance ranges between ₹7.3 Lakhs to ₹9 Lakhs per year for employees with experience between 12 years to 19 years. Salary estimates are based on 7 latest salaries received from various employees of Reliance General Insurance.

Experience wise Reliance General Insurance Channel Development Manager salaries

Last Updated: 14 Jan 2025

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹7.7 L/yr
13 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.5 L/yr
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14 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.7 L/yr
15+ years (6 salaries)	₹7.3 L/yr - ₹9 L/yr

Similar Designation salaries in Reliance General Insurance

Business Development Manager Salary

(4 salaries)

₹4.4 L/yr - ₹7.82 L/yr

Senior Business Development Manager Salary

(5 salaries)

₹3.6 L/yr - ₹6.45 L/yr

Business Development Associate Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Senior Sales Manager Salary

(50 salaries)

₹4 L/yr - ₹9 L/yr

Area Sales Manager Salary

(20 salaries)

₹2.5 L/yr - ₹8.3 L/yr

Business Development Executive Salary

(3 salaries)

₹2.75 L/yr - ₹5.5 L/yr

Marketing Manager Salary

(8 salaries)

₹5 L/yr - ₹11.59 L/yr

Relationship Manager Salary

(35 salaries)

₹3 L/yr - ₹8.3 L/yr

Area Business Manager Salary

(6 salaries)

₹7.15 L/yr - ₹7.5 L/yr

Deputy Manager Salary

(109 salaries)

₹3 L/yr - ₹7.5 L/yr

Salary related reviews for Reliance General Insurance

Area Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 06 Nov 2023

4.0

for Salary and Benefits

Likes

Depends on the Vertical and Reporting Manager. Bonus, The Remuneration part is very good

Salary - Good

Dislikes

Bonus amount has capping of 6 months. Notice period is 3 months. And Like and Dislikes depend upon the current manager.

Job security - Poor

+2 more

Deputy Manager in Lucknow

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 12 Jul 2023

2.0

for Salary and Benefits

Likes

Job surity

Dislikes

...ntives criteria. Company shall pay bonus on your based performance of the year. That is no pay such a big amount and company add the clause in your bonus. If you resign before six months company shall recovered your bonus amount.

Salary - Poor

+4 more

Sales Manager in Palakkad

Finance & Accounting Department

2.0

• posted on 15 Jun 2022

1.0

for Salary and Benefits

Likes

Of course paying incentives and salary on correct time . During covid time n all full salary was given.

Skill development - Excellent

+2 more

Dislikes

No salary hike as well as promotions,we cant exoect that. Apart from incentive you won’t get a career growth.

Salary - Bad

+1 more

Legal Consultant in Bangalore / Bengaluru

Full Time

Other Department

2.0

• posted on 22 Nov 2024

1.0

for Salary and Benefits

Likes

Celebrated festival very well work enthusiasm

Dislikes

Treat the employees like a slave's and treated as backbend officer unsatisfied with the job and they offered very poor salary but they assign too much of work, make conditions for in and out and observed too much that overall work experience is too bad

Salary - Bad

+5 more

Deputy Manager Analyst in Mumbai

Full Time

Other Department

3.0

• posted on 06 Nov 2024

3.0

for Salary and Benefits

Likes

Work culture is good

Company culture - Excellent

+1 more

Dislikes

Promotion and hikes are very low. If you join on low package it will be very difficult to get satisfactory hike next year Performance Bonus return - will have to return the bonus if you leave before 6 months after getting bonus so basically you will need to wait total 9 months to get out from the organization

Skill development - Poor

+1 more

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I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Reliance General Insurance Channel Development Manager Salary FAQs

What is the salary of Channel Development Manager at Reliance General Insurance?

Channel Development Manager salary at Reliance General Insurance in India ranges between ₹7.3 Lakhs to ₹9.0 Lakhs for experience between 12 years to 19 years. According to our estimates it is 29% less than the average Channel Development Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Reliance General Insurance India.

How does the salary of a Channel Development Manager at Reliance General Insurance India compare with the average salary range for this job?

The average salary of a Channel Development Manager at Reliance General Insurance is 29% less than the average salary of a Channel Development Manager in India. To know exact salary insights, login to view.

What is the salary of a Channel Development Manager in companies similar to Reliance General Insurance in India?

Future Generali India Life Insurance Channel Development Manager Salary - ₹5.5 Lakhs to ₹9.0 Lakhs per year
Tata AIG Channel Development Manager Salary - ₹4.0 Lakhs to ₹7.6 Lakhs per year
Tata AIA Life Insurance Channel Development Manager Salary - ₹4.5 Lakhs to ₹7.0 Lakhs per year
HDFC Life Channel Development Manager Salary - ₹4.0 Lakhs to ₹7.0 Lakhs per year
Reliance Nippon Life Insurance Channel Development Manager Salary - ₹1.5 Lakhs to ₹5.4 Lakhs per year

What is the estimated take home salary of a Channel Development Manager at Reliance General Insurance in India?

The estimated take-home salary of a Channel Development Manager at Reliance General Insurance ranges between ₹58,803 per month to ₹60,286 per month in India. The take-home salary calculation is based on the average Reliance General Insurance Channel Development Manager salary in India which ranges between ₹7.3 Lakhs to ₹9.0 Lakhs per year for employees with experience between 12 years to 19 years. Check how did we calculate take home salary?

What is the notice period for Channel Development Manager at Reliance General Insurance?

According to AmbitionBox, 33% of the Reliance General Insurance Channel Development Managers reported a notice period of 1 Month, 34% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 3 responses on AmbitionBox in last 2 years.

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Reliance General Insurance Channel Development Manager Salaries

Reliance General Insurance Channel Development Manager salary in India ranges between ₹7.3 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Reliance General Insurance latest salaries received from various employees of Reliance General Insurance.