Reliance Nippon Life Insurance Bangalore / Bengaluru Area Manager Salaries by 3 Employees

12 - 16 years exp.

₹10.5 Lakhs - ₹18 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

37% more than the average Area Manager Salary in Insurance Companies for 12 - 16 years of experience

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Last Updated: 17 Mar 2023

Companies similar to Reliance Nippon Life Insurance for Area Manager in Bangalore / Bengaluru

Reliance Nippon Life Insurance Area Manager Salary

12 - 16 years exp. (3 salaries)

₹10.5 L/yr - ₹18 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Area Manager Salary 1 - 15 years exp. (32 salaries)	₹7.2 L/yr - ₹13 L/yr 31% less	34 job openings
SBI Life Insurance Company Area Manager Salary 9 - 18 years exp. (24 salaries)	₹7.5 L/yr - ₹14.3 L/yr 28% less
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Axis Max Life Insurance Area Manager Salary 6 - 15 years exp. (16 salaries)	₹6 L/yr - ₹12.7 L/yr 38% less
Aditya Birla Sun Life Insurance Area Manager Salary 4 - 10 years exp. (13 salaries)	₹6.5 L/yr - ₹8 L/yr 51% less
Bajaj Allianz Life Insurance Area Manager Salary 6 - 15 years exp. (11 salaries)	₹6 L/yr - ₹10.5 L/yr 33% less
Tata AIA Life Insurance Area Manager Salary 6 - 16 years exp. (4 salaries)	₹10 L/yr - ₹17 L/yr 15% less	1 job opening
Shriram Life Insurance Area Manager Salary 9 - 16 years exp. (3 salaries)	₹7 L/yr - ₹11 L/yr 48% less

Area Manager salary at Reliance Nippon Life Insurance ranges between ₹10.5 Lakhs to ₹18 Lakhs per year for employees with experience between 12 years to 16 years. Salary estimates are based on 3 latest salaries received from various employees of Reliance Nippon Life Insurance.

Experience wise Reliance Nippon Life Insurance Area Manager salaries in Bangalore / Bengaluru

Last Updated: 17 Mar 2023

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹12.4 L/yr - ₹15.9 L/yr
13 years (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 L/yr
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14 years (AmbitionBox Estimate)	₹12.7 L/yr - ₹16.3 L/yr
15+ years (AmbitionBox Estimate)	₹13.2 L/yr - ₹16.8 L/yr

From

Area Manager

10 - 19 years exp.

Regional Manager

16 - 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.

Similar Designation salaries in Reliance Nippon Life Insurance

Branch Manager Salary

(17 salaries)

₹6 L/yr - ₹10 L/yr

Territory Manager Salary

(7 salaries)

₹4 L/yr - ₹10 L/yr

Regional Manager Salary

(3 salaries)

₹15 L/yr - ₹22.22 L/yr

Salary related reviews for Reliance Nippon Life Insurance

1.0

Rated by 1 employees for salary & benefits

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

Branch Manager in Varanasi

BFSI, Investments & Trading Department

5.0

• posted on 27 May 2022

5.0

for Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive and the management is transport

Salary - Excellent

+6 more

Dislikes

There is a lot of policies and the management doesn't adress our issue. Salary is decent but career growth is slow.

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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 Area Manager Salary FAQs

How the salary growth look like for a Area Manager at Reliance Nippon Life Insurance in Bangalore / Bengaluru?

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

Experience	Average Salary Range
12 years	₹12.4 Lakhs to ₹15.9 Lakhs per year
13 years	₹12.6 Lakhs to ₹16.1 Lakhs per year
14 years	₹12.7 Lakhs to ₹16.3 Lakhs per year
15 years	₹13.2 Lakhs to ₹16.8 Lakhs per year

and so on.

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Reliance Nippon Life Insurance Area Manager Salaries in Bangalore / Bengaluru

Reliance Nippon Life Insurance Area Manager salary in Bangalore / Bengaluru ranges between ₹10.5 Lakhs to ₹18 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.