Reliance Nippon Life Insurance Agent Salaries by 4 Employees (Updated 2025)

3 - 6 years exp.

₹2.3 Lakhs - ₹2.4 Lakhs

Low Confidence

Salary of majority employees

11% less than the average Agent Salary in Insurance Companies for 3 - 6 years of experience

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Last Updated: 15 Mar 2025

Companies similar to Reliance Nippon Life Insurance for Agent

Company name	Avg Annual Salary	Open Jobs
Life Insurance Corporation of India Agent Salary 1 - 10 years exp. (137 salaries)	₹0.7 L/yr - ₹7 L/yr 11% more
Axis Max Life Insurance Agent Salary 0 - 7 years exp. (25 salaries)	₹1.9 L/yr - ₹5 L/yr 60% more
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SBI Life Insurance Company Agent Salary 1 - 8 years exp. (18 salaries)	₹1 L/yr - ₹7 L/yr 25% more
United India Insurance Company Agent Salary 0 - 7 years exp. (18 salaries)	₹0.2 L/yr - ₹5 L/yr 7% less
HDFC Life Agent Salary 0 - 3 years exp. (12 salaries)	₹1.2 L/yr - ₹5 L/yr 16% more
Star Health & Allied Insurance Agent Salary 0 - 6 years exp. (12 salaries)	₹1.1 L/yr - ₹4.1 L/yr 8% more
The New India Assurance Co. Agent Salary 1 - 6 years exp. (10 salaries)	₹1.8 L/yr - ₹8 L/yr 36% more
ICICI Prudential Life Insurance Agent Salary 0 - 7 years exp. (9 salaries)	₹1.5 L/yr - ₹3.5 L/yr 7% more
Bajaj Allianz Life Insurance Agent Salary 1 - 5 years exp. (7 salaries)	₹1.2 L/yr - ₹4.2 L/yr 8% more
Tata AIA Life Insurance Agent Salary 0 - 5 years exp. (6 salaries)	₹1 L/yr - ₹6 L/yr 28% more
Kotak Mahindara Life Insurance Agent Salary 0 - 5 years exp. (6 salaries)	₹1 L/yr - ₹2.1 L/yr 8% less
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The Oriental Insurance Co. Agent Salary 3 - 8 years exp. (5 salaries)	₹2 L/yr - ₹5.4 L/yr 37% more
SBI General Insurance Agent Salary 1 - 2 years exp. (4 salaries)	₹1.2 L/yr - ₹4 L/yr 24% less
HDFC Ergo General Insurance Agent Salary 3 - 4 years exp. (4 salaries)	₹2.1 L/yr - ₹3.5 L/yr 3% more
PNB MetLife Agent Salary 0 - 3 years exp. (4 salaries)	₹0.6 L/yr - ₹2.5 L/yr 48% less
Aditya Birla Sun Life Insurance Agent Salary 2 - 4 years exp. (3 salaries)	₹1 L/yr - ₹7 L/yr 4% less

Agent salary at Reliance Nippon Life Insurance ranges between ₹2.3 Lakhs to ₹2.4 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Reliance Nippon Life Insurance.

Experience wise Reliance Nippon Life Insurance Agent salaries

Last Updated: 15 Mar 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹2.4 L/yr
4 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹2.4 L/yr
Login to view exact salary
5 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹2.4 L/yr
6 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹2.4 L/yr

From

Agent

₹

Lakhs/yr

3 - 6 years exp.

BDM

₹

Lakhs/yr

3 - 9 years exp.

Agent

3 - 6 years exp.

Sales Manager

0 - 10 years exp.

33% hike

Senior Sales Manager

1 - 9 years exp.

4% hike

From

View 4 more levels

Agent

3 - 6 years exp.

Senior Branch Manager

7 - 17 years exp.

From

View 4 more levels

Agent

3 - 6 years exp.

Cluster Head

12 - 19 years exp.

From

View 4 more levels

Agent

3 - 6 years exp.

Senior Territory Manager

9 - 22 years exp.

From

View 4 more levels

Agent

3 - 6 years exp.

Cluster Manager

7 - 22 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

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Top skills at Reliance Nippon Life Insurance for Agent

Sales

Salary related reviews for Reliance Nippon Life Insurance

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

Sales Executive in Lucknow

Life Insurance Department

5.0

• posted on 23 Apr 2022

5.0

for Salary and Benefits

Likes

It is won

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joiners

Life Insurance Advisor in Indore

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 16 Mar 2025

2.0

for Salary and Benefits

Likes

I have a love-hate relationship with working here because I learn something new every day. Whether it’s the latest updates, training sessions, new products, or communication skills training, there’s always something valuable to gain. Plus, the amazing deals make it even better. As I’m so comfortable too cuz of good faculty and better understanding between colleagues and senior staff that helps me very well to manage home and office both

Skill development - Excellent

+4 more

Dislikes

...n. Promotion is extremely difficult to achieve, and there is a risk of demotion. Additionally, salary increases are minimal and progress very slowly, which can be discouraging for those looking to advance financially.

Salary - Poor

+1 more

Head Human Resources in Mumbai

Full Time

Human Resources Department

1.0

• posted on 07 Feb 2025

2.0

for Salary and Benefits

Likes

Nothing as such. Old people having good knowledge but the current management doe’s let them work.

Dislikes

They have a policy of deducting salary of Sales executives from the 2nd month on non achieving of targets from doj. Which is terrible. Salary not getting credited on time. Demotions happens if not working well for 1 month even. Worst place to work.

Salary - Poor

+6 more

Senior Territory Manager in Lucknow

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 08 Jan 2025

2.0

for Salary and Benefits

Likes

Nothing

Dislikes

Worst leadership, one can never expect 100℅ in hand salary, they are on a deduction spree upto ARDM & Branch Manager Level. Lowest commission to agents, renewal commission to agents gets a 75℅ deductions. End number of con calls Immature leaders don't have the skills to lead. So many clauses which is directly affecting attrition to the highest level

Salary - Poor

+6 more

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Reliance Nippon Life Insurance Agent Salary FAQs

What is the salary of Agent at Reliance Nippon Life Insurance ?

The average salary of a Agent at Reliance Nippon Life Insurance in India typically ranges from ₹2.3 Lakhs to ₹2.4 Lakhs per year, depending on experience (from 3 years to 6 years).

The top 10% of Agent at Reliance Nippon Life Insurance earn more than ₹2.4 Lakhs per year, and the top 1% earn over ₹2.4 Lakhs per year. Agent 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 4 Reliance Nippon Life Insurance employees in India.

What is the estimated take home salary of a Agent at Reliance Nippon Life Insurance in India?

The estimated take-home salary of a Agent at Reliance Nippon Life Insurance in India typically ranges from ₹15,887 to ₹17,531 per month. This is based on the average salary range of ₹2.3 Lakhs to ₹2.4 Lakhs per year for employees with experience ranging from 3 years to 6 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 4 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 Agent at Reliance Nippon Life Insurance ?

Sales is a popular skill required to work as a Agent at Reliance Nippon Life Insurance.

Which companies offer higher salaries than Reliance Nippon Life Insurance for Agent in India?

Axis Max Life Insurance	₹1.9 Lakhs to ₹5.0 Lakhs per year
The Oriental Insurance Co.	₹2.0 Lakhs to ₹5.4 Lakhs per year
The New India Assurance Co.	₹1.8 Lakhs to ₹8.0 Lakhs per year
Tata AIA Life Insurance	₹1.0 Lakhs to ₹6.0 Lakhs per year
SBI Life Insurance Company	₹1.0 Lakhs to ₹7.0 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 Agent in companies similar to Reliance Nippon Life Insurance in India?

The salary of a Agent 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:

HDFC Life	₹1.2 Lakhs to ₹5.0 Lakhs per year
Life Insurance Corporation of India	₹0.7 Lakhs to ₹7.0 Lakhs per year
Bajaj Allianz Life Insurance	₹1.2 Lakhs to ₹4.2 Lakhs per year
Star Health & Allied Insurance	₹1.1 Lakhs to ₹4.1 Lakhs per year
ICICI Prudential Life Insurance	₹1.5 Lakhs to ₹3.5 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 Agent at Reliance Nippon Life Insurance in India?

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

Experience	Average Salary Range
3 years	₹0.9 Lakhs to ₹2.4 Lakhs per year
4 years	₹0.9 Lakhs to ₹2.4 Lakhs per year
5 years	₹0.9 Lakhs to ₹2.4 Lakhs per year
6 years	₹0.9 Lakhs to ₹2.4 Lakhs per year

and so on.

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Reliance Nippon Life Insurance Agent Salaries

Reliance Nippon Life Insurance Agent salary in India ranges between ₹2.3 Lakhs to ₹2.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.