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Reliance Nippon Life Insurance Agency Manager salaries in India

Annual salary range
0 - 5 years exp.
₹1.8 Lakh - ₹4 Lakhs
Salary of majority employees
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21% less than the average Agency Manager Salary in Insurance Companies for 0 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Agency Manager Salary
1 - 5 years exp. (12 salaries)
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₹1.8 L/yr - ₹4 L/yr

Sales & Business Development
Agency Manager Salary
3 - 4 years exp. (4 salaries)
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₹1.8 L/yr - ₹3.6 L/yr

Finance & Accounting
Agency Manager Salary
2 - 5 years exp. (3 salaries)
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₹2.5 L/yr - ₹2.9 L/yr

Healthcare & Life Sciences
Agency Manager Salary
2 - 3 years exp. (AmbitionBox Estimate)
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₹3.8 L/yr - ₹7.2 L/yr

Customer Success, Service & Operations
Agency Manager Salary
2 years exp. (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.6 L/yr

View all

Last Updated: 24 May 2024

Companies similar to Reliance Nippon Life Insurance for Agency Manager

Company name Avg Annual Salary Open Jobs
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₹2.3 L/yr - ₹4 L/yr

arrow icon 13% more
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SBI Life Insurance Company Agency Manager Salary

1 - 13 years exp. (220 salaries)

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₹2.8 L/yr - ₹5 L/yr

arrow icon 36% more
1 job opening
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₹1.8 L/yr - ₹3.5 L/yr

arrow icon 11% less
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₹2 L/yr - ₹5.5 L/yr

arrow icon 34% more
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Axis Max Life Insurance Agency Manager Salary

2 - 12 years exp. (160 salaries)

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₹2.2 L/yr - ₹6 L/yr

arrow icon 45% more
1 job opening
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₹2.2 L/yr - ₹5.3 L/yr

arrow icon 38% more
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HDFC Life Agency Manager Salary

0 - 7 years exp. (84 salaries)

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₹1.8 L/yr - ₹7 L/yr

arrow icon 32% more
1 job opening
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₹2.4 L/yr - ₹4.8 L/yr

arrow icon 20% more
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₹2 L/yr - ₹7.6 L/yr

arrow icon 7% more
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₹3.5 L/yr - ₹6.5 L/yr

arrow icon 62% more
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₹2.4 L/yr - ₹6 L/yr

arrow icon 41% more
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₹1.8 L/yr - ₹4 L/yr

arrow icon 4% more
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₹2.5 L/yr - ₹7 L/yr

arrow icon 37% more
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₹4.8 L/yr - ₹5.1 L/yr

arrow icon 70% more
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Shriram Life Insurance Agency Manager Salary

7 - 13 years exp. (5 salaries)

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₹2.4 L/yr - ₹5 L/yr

arrow icon 32% more
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SBI General Insurance Agency Manager Salary

2 - 8 years exp. (5 salaries)

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₹2.4 L/yr - ₹4.5 L/yr

arrow icon 33% more
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PNB MetLife Agency Manager Salary

0 - 11 years exp. (5 salaries)

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₹2.8 L/yr - ₹7 L/yr

arrow icon 77% more
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₹1.9 L/yr - ₹7.1 L/yr

arrow icon 137% more
Agency Manager salary at Reliance Nippon Life Insurance ranges between ₹1.8 Lakh to ₹4 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 33 latest salaries received from various employees of Reliance Nippon Life Insurance.

Latest annual salaries shared by Reliance Nippon Life Insurance Agency Manager

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Experience wise Reliance Nippon Life Insurance Agency Manager salaries

Last Updated: 24 May 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2.5 L/yr - ₹3 L/yr
1 year  (4 salaries)

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₹2.2 L/yr - ₹4 L/yr
2 years  (6 salaries)

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₹1.8 L/yr - ₹4 L/yr
3 years  (8 salaries)

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₹1.8 L/yr - ₹3.8 L/yr
4 years  (9 salaries)

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₹1.8 L/yr - ₹3.6 L/yr
View all

Similar Designation salaries in Reliance Nippon Life Insurance

Branch Manager Salary
(202 salaries)
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₹3.75 L/yr - ₹11.5 L/yr
Area Manager Salary
(82 salaries)
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₹9 L/yr - ₹21.4 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
Sales Manager Salary
(243 salaries)
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₹1.5 L/yr - ₹5 L/yr
Business Manager Salary
(AmbitionBox Estimate)
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₹3 L/yr - ₹3.8 L/yr
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₹1.8 L/yr - ₹5 L/yr
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₹1.5 L/yr - ₹3 L/yr
Territory Manager Salary
(100 salaries)
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₹4 L/yr - ₹12 L/yr
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₹2.4 L/yr - ₹6 L/yr

Salary related reviews for Reliance Nippon Life Insurance

4.2

Rated by 11 employees for salary & benefits

Finance & Accounting Department

5.0
  •  posted on 10 May 2022

5.0
 for  Salary and Benefits

Likes

...transparent.company policies are good, appraisal are fair and they give good a Salary hike and bonus every year..

read more
  • Salary - Excellent
  • +6 more

Dislikes

Salary is decent but career growth is slow. There is a bond 1 years before which you cannot resign.on the job training is not given to new joinees.

read 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

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  • 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.

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Full Time

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Customer Success, Service & Operations Department

3.0
  •  posted on 29 Jun 2022

2.0
 for  Salary and Benefits

Likes

Office Timing is very good.

  • Job security - Good

Dislikes

In Branch operations employee unnecessary salary cut is very bad culture. And need saturday off twice in a month. Career growth is very slow and no options in operations department.

read more
  • Salary - Poor
  • +3 more
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Reliance Nippon Life Insurance Agency Manager Salary FAQs

What is the salary of Agency Manager at Reliance Nippon Life Insurance ?
The average salary of a Agency Manager at Reliance Nippon Life Insurance in India typically ranges from ₹1.8 Lakhs to ₹4.0 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Agency Manager at Reliance Nippon Life Insurance earn more than ₹3.8 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Agency 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 30+ Reliance Nippon Life Insurance employees in India.
What is the estimated take home salary of a Agency Manager at Reliance Nippon Life Insurance in India?
The estimated take-home salary of a Agency Manager at Reliance Nippon Life Insurance in India typically ranges from ₹20,498 to ₹22,154 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from Fresher to 5 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 30+ salaries received from various employees of Reliance Nippon Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Reliance Nippon Life Insurance for Agency Manager in India?
The Oriental Insurance Co. ₹1.9 Lakhs to ₹7.1 Lakhs per year
PNB MetLife ₹2.8 Lakhs to ₹7.0 Lakhs per year
Tata AIA Life Insurance ₹4.8 Lakhs to ₹5.1 Lakhs per year
Bajaj Allianz General Insurance ₹3.5 Lakhs to ₹6.5 Lakhs per year
Axis Max Life Insurance ₹2.2 Lakhs to ₹6.0 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 Manager in companies similar to Reliance Nippon Life Insurance in India?
The salary of a Agency 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:

ICICI Lombard General Insurance Company ₹2.4 Lakhs to ₹6.0 Lakhs per year
ICICI Prudential Life Insurance ₹2.2 Lakhs to ₹5.3 Lakhs per year
Bajaj Allianz Life Insurance ₹2.5 Lakhs to ₹7.0 Lakhs per year
SBI Life Insurance Company ₹2.8 Lakhs to ₹5.0 Lakhs per year
HDFC Ergo General Insurance ₹2.0 Lakhs to ₹5.5 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 Manager at Reliance Nippon Life Insurance in India?
The salary growth for a Agency Manager at Reliance Nippon Life Insurance depends on factors such as experience, performance, and promotions. On average, a Agency Manager can expect the following growth trajectory at Reliance Nippon Life Insurance:

Experience Average Salary Range
Fresher ₹2.5 Lakhs to ₹3.0 Lakhs per year
1 year ₹2.2 Lakhs to ₹4.0 Lakhs per year
2 years ₹1.8 Lakhs to ₹4.0 Lakhs per year
3 years ₹1.8 Lakhs to ₹3.8 Lakhs per year
and so on.

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Reliance Nippon Life Insurance Agency Manager salary in India ranges between ₹1.8 Lakh to ₹4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 33 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.