Reliance Nippon Life Insurance Mumbai Agency Manager Salaries by 3 Employees

0 - 4 years exp.

₹2.1 Lakhs - ₹2.8 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

19% less than the average Agency Manager Salary in Insurance Companies for 0 - 4 years of experience

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Last Updated: 11 Mar 2023

Companies similar to Reliance Nippon Life Insurance for Agency Manager in Mumbai

Reliance Nippon Life Insurance Agency Manager Salary

0 - 4 years exp. (3 salaries)

₹2.1 L/yr - ₹2.8 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Agency Manager Salary 0 - 8 years exp. (63 salaries)	₹2.7 L/yr - ₹5.3 L/yr 47% more
Aditya Birla Sun Life Insurance Agency Manager Salary 0 - 6 years exp. (27 salaries)	₹2.3 L/yr - ₹4 L/yr 3% less
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Aditya Birla Health Insurance Co Agency Manager Salary 0 - 7 years exp. (26 salaries)	₹2.6 L/yr - ₹4 L/yr 23% more
Axis Max Life Insurance Agency Manager Salary 3 - 12 years exp. (20 salaries)	₹3.5 L/yr - ₹6.5 L/yr 58% more
HDFC Ergo General Insurance Agency Manager Salary 0 - 7 years exp. (8 salaries)	₹2.6 L/yr - ₹4 L/yr 31% more
Kotak Mahindara Life Insurance Agency Manager Salary 0 - 13 years exp. (5 salaries)	₹2 L/yr - ₹7.4 L/yr 20% more
Bajaj Allianz Life Insurance Agency Manager Salary 3 - 11 years exp. (4 salaries)	₹4 L/yr - ₹7 L/yr 79% more
HDFC Life Agency Manager Salary 2 - 7 years exp. (3 salaries)	₹1.8 L/yr - ₹7 L/yr 49% more	1 job opening

Agency Manager salary at Reliance Nippon Life Insurance ranges between ₹2.1 Lakhs to ₹2.8 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 3 latest salaries received from various employees of Reliance Nippon Life Insurance.

Experience wise Reliance Nippon Life Insurance Agency Manager salaries in Mumbai

Last Updated: 11 Mar 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
1 year (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
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2 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
3 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
4 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr

Similar Designation salaries in Reliance Nippon Life Insurance

Deputy Manager Salary

(53 salaries)

₹3.7 L/yr - ₹14.37 L/yr

Sales Manager Salary

(20 salaries)

₹1.5 L/yr - ₹5 L/yr

Area Manager Salary

(6 salaries)

₹11 L/yr - ₹17 L/yr

Regional Manager Salary

(3 salaries)

₹19 L/yr - ₹22.3 L/yr

Salary related reviews for Reliance Nippon Life Insurance

Agency Manager in Mandla

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..

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.

Sales Manager in Goalpara

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

Salary - Excellent

+5 more

Dislikes

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

Business Development Manager in Kolkata

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

Salary - Poor

+3 more

Branch Manager in Anantnag

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.

Salary - Excellent

+5 more

Dislikes

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

Team Lead in Mirza

Full Time

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.

Salary - Poor

+3 more

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Reliance Nippon Life Insurance Agency Manager Salary FAQs

How the salary growth look like for a Agency Manager at Reliance Nippon Life Insurance in Mumbai?

The salary growth for a Agency Manager at Reliance Nippon Life Insurance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Agency Manager in Mumbai can expect the following growth trajectory at Reliance Nippon Life Insurance:

Experience	Average Salary Range
Fresher	₹2.6 Lakhs to ₹3.3 Lakhs per year
1 year	₹2.5 Lakhs to ₹3.2 Lakhs per year
2 years	₹2.5 Lakhs to ₹3.2 Lakhs per year
3 years	₹2.5 Lakhs to ₹3.2 Lakhs per year

and so on.

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Reliance Nippon Life Insurance Agency Manager Salaries in Mumbai

Reliance Nippon Life Insurance Agency Manager salary in Mumbai ranges between ₹2.1 Lakhs to ₹2.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.