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Reliance Nippon Life Insurance Agency Development Manager salaries in India (Updated 2025)

Annual salary range
0 - 8 years exp.
₹1 Lakh - ₹5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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37% less than the average Agency Development Manager Salary in Insurance Companies for 0 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Agency Development Manager Salary
0 - 8 years exp. (37 salaries)
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₹1.3 L/yr - ₹3.5 L/yr

Sales & Business Development
Agency Development Manager Salary
0 - 8 years exp. (24 salaries)
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₹1.8 L/yr - ₹4.5 L/yr

Finance & Accounting
Agency Development Manager Salary
0 - 5 years exp. (17 salaries)
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₹1.8 L/yr - ₹5 L/yr

Customer Success, Service & Operations
Agency Development Manager Salary
0 - 8 years exp. (12 salaries)
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₹1.4 L/yr - ₹3.4 L/yr

Human Resources
Agency Development Manager Salary
0 - 2 years exp. (9 salaries)
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₹1.8 L/yr - ₹3.2 L/yr

View all

Last Updated: 14 Mar 2025

Companies similar to Reliance Nippon Life Insurance for Agency Development Manager

Company name Avg Annual Salary Open Jobs
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₹2.2 L/yr - ₹6.5 L/yr

arrow icon 69% more
18 job openings
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HDFC Life Agency Development Manager Salary

1 - 15 years exp. (275 salaries)

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₹2.3 L/yr - ₹6.5 L/yr

arrow icon 66% more
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₹2.1 L/yr - ₹5.5 L/yr

arrow icon 25% more
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₹2.2 L/yr - ₹4.5 L/yr

arrow icon 21% more
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₹2.2 L/yr - ₹6.7 L/yr

arrow icon 37% more
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₹1 L/yr - ₹5.5 L/yr

arrow icon 33% more
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₹2.5 L/yr - ₹4.2 L/yr

arrow icon 20% more
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₹2.6 L/yr - ₹6 L/yr

arrow icon 48% more
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₹3.1 L/yr - ₹4.5 L/yr

arrow icon 49% more
1 job opening
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₹3.7 L/yr - ₹4.6 L/yr

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₹2.8 L/yr - ₹6.3 L/yr

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₹2.6 L/yr - ₹5.4 L/yr

arrow icon 58% more
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PNB MetLife Agency Development Manager Salary

6 - 11 years exp. (5 salaries)

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₹4.1 L/yr - ₹7.8 L/yr

arrow icon 110% more
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₹2.5 L/yr - ₹3 L/yr

arrow icon 3% less
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₹2.8 L/yr - ₹4.5 L/yr

arrow icon 36% more
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₹2.6 L/yr - ₹3.8 L/yr

arrow icon 17% more
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₹3.1 L/yr - ₹3.8 L/yr

arrow icon 30% more
Agency Development Manager salary at Reliance Nippon Life Insurance ranges between ₹1 Lakh to ₹5 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 143 latest salaries received from various employees of Reliance Nippon Life Insurance.

Latest annual salaries shared by Reliance Nippon Life Insurance Agency Development Manager

3w ago
₹2.5 Lakhs
5 months exp.
3w ago
₹3.4 Lakhs
8 years exp.
3w ago
₹3.8 Lakhs
3 years exp.
4w ago
₹1.5 Lakh
3 years exp.
1mo ago
₹2.4 Lakhs
3 years exp.
2mo ago
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8 years exp.
3mo ago
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6 months exp.
3mo ago
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7 years exp.
3mo ago
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1 year exp.
5mo ago
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5 years exp.

Experience wise Reliance Nippon Life Insurance Agency Development Manager salaries

Last Updated: 14 Mar 2025

Experience Avg Annual Salary
Fresher  (22 salaries)

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₹1 L/yr - ₹3 L/yr
1 year  (33 salaries)

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₹1.2 L/yr - ₹4.2 L/yr
2 years  (19 salaries)

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₹1.5 L/yr - ₹3.3 L/yr
3 years  (25 salaries)

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₹1.4 L/yr - ₹5 L/yr
4 years  (13 salaries)

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₹1.8 L/yr - ₹5 L/yr
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Similar Designation salaries in Reliance Nippon Life Insurance

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₹1.45 L/yr - ₹6 L/yr
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₹1.8 L/yr - ₹5 L/yr
Zonal Sales Manager Salary
(AmbitionBox Estimate)
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₹21.4 L/yr - ₹27.4 L/yr
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₹4.35 L/yr - ₹6.5 L/yr
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₹2.25 L/yr - ₹5 L/yr
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₹2.4 L/yr - ₹6 L/yr
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₹2 L/yr - ₹2.5 L/yr
Deputy Manager Salary
(64 salaries)
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₹3.7 L/yr - ₹12.42 L/yr
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₹13 L/yr - ₹27 L/yr
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₹1.79 L/yr - ₹3 L/yr

Top skills at Reliance Nippon Life Insurance for Agency Development Manager

Ms World Insurance Sales Sales Team Leading Agent Recruitment

Salary related reviews for Reliance Nippon Life Insurance

3.0

Rated by 45 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 07 Nov 2024

1.0
 for  Salary and Benefits

Likes

Too much ghatia i mean wrost experience ever..

Dislikes

...e to get policy on my name nd told if i didn't get the policy i cant get my job. Totally fraud company they did gave me any salary i work 2 month straight .

read more
  • Salary - Bad
  • +6 more

IIP Department

1.0
  •  posted on 30 Apr 2022

1.0
 for  Salary and Benefits

Likes

Do not employ this insurance even if someone makes a mistake.

Dislikes

Do not employ this insurance even if someone makes a mistake.Here the salary is not good and the usage is not good. The whole things is cheating people. Be careful,No one will fall into the trap of this deception.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 02 Oct 2022

5.0
 for  Salary and Benefits

Likes

This a good platform to grow up.. Salary and incentives are pretty good...it was a great experience to work with this RNLIC organization

read more
  • Salary - Excellent
  • +5 more

Dislikes

The Branch Manager of Goalpara Branch is neither a good leader nor a good human being

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 30 Aug 2017

2.0
 for  Salary and Benefits

Likes

Teammates and Immediate supervisor was excellent

  • Skill development - Good

Dislikes

You have to only work and there is no such compensation rather the higher management was horrible and worst, they only know how to fill there pockets not the base levels

read more
  • Salary - Poor
  • +3 more

Sales & Business Development Department

4.0
  •  posted on 23 Jun 2022

5.0
 for  Salary and Benefits

Likes

Good work culture and environment. Transparent management supportive team. Company policies are good, bonus every month.

read more
  • Salary - Excellent
  • +5 more

Dislikes

There is not formal Traning only online tranings and Salary is very low and and its IPM branch.

read more
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Reliance Nippon Life Insurance Agency Development Manager Salary FAQs

What is the salary of Agency Development Manager at Reliance Nippon Life Insurance ?
The average salary of a Agency Development Manager at Reliance Nippon Life Insurance in India typically ranges from ₹1.0 Lakhs to ₹5.0 Lakhs per year, depending on experience (from Fresher to 8 years).

The top 10% of Agency Development Manager at Reliance Nippon Life Insurance earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Agency Development Manager Salaries at Reliance Nippon 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 100+ Reliance Nippon Life Insurance employees in India.
What is the estimated take home salary of a Agency Development Manager at Reliance Nippon Life Insurance in India?
The estimated take-home salary of a Agency Development Manager at Reliance Nippon Life Insurance in India typically ranges from ₹19,648 to ₹21,316 per month. This is based on the average salary range of ₹1.0 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from Fresher 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 100+ salaries received from various employees of Reliance Nippon Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Agency Development Manager at Reliance Nippon Life Insurance ?
To be a Agency Development Manager at Reliance Nippon Life Insurance in india, the key skills required include:

  • - Ms World
  • - Insurance Sales
  • - Sales
  • - Team Leading
  • - Agent Recruitment

These skills are highly valued at Reliance Nippon Life Insurance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Reliance Nippon Life Insurance for Agency Development Manager in India?
PNB MetLife ₹4.1 Lakhs to ₹7.8 Lakhs per year
Axis Max Life Insurance ₹2.2 Lakhs to ₹6.5 Lakhs per year
HDFC Life ₹2.3 Lakhs to ₹6.5 Lakhs per year
Life Insurance Corporation of India ₹2.6 Lakhs to ₹5.4 Lakhs per year
Bajaj Allianz General Insurance ₹3.7 Lakhs to ₹4.6 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Reliance Nippon Life Insurance, depending on the role and experience level.
What is the salary of a Agency Development Manager in companies similar to Reliance Nippon Life Insurance in India?
The salary of a Agency Development Manager at companies similar to Reliance Nippon Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Tata AIA Life Insurance ₹2.8 Lakhs to ₹6.3 Lakhs per year
Bajaj Allianz Life Insurance ₹3.1 Lakhs to ₹4.5 Lakhs per year
ICICI Lombard General Insurance Company ₹2.6 Lakhs to ₹6.0 Lakhs per year
ICICI Prudential Life Insurance ₹2.2 Lakhs to ₹6.7 Lakhs per year
SBI General Insurance ₹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 Agency Development Manager at Reliance Nippon Life Insurance in India?
The salary growth for a Agency Development Manager at Reliance Nippon Life Insurance depends on factors such as experience, performance, and promotions. On average, a Agency Development Manager can expect the following growth trajectory at Reliance Nippon Life Insurance:

Experience Average Salary Range
Fresher ₹1.0 Lakhs to ₹3.0 Lakhs per year
1 year ₹1.2 Lakhs to ₹4.2 Lakhs per year
2 years ₹1.5 Lakhs to ₹3.3 Lakhs per year
3 years ₹1.4 Lakhs to ₹5.0 Lakhs per year
and so on.

Tell us how to improve this page.

Reliance Nippon Life Insurance Agency Development Manager salary in India ranges between ₹1 Lakh to ₹5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 143 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.