Reliance Nippon Life Insurance Mumbai Area Manager Salaries by 6 Employees (Updated 2024)

12 - 20 years exp.

₹13 Lakhs - ₹18.1 Lakhs

Salary of majority employees

50% more than the average Area Manager Salary in Insurance Companies for 12 - 20 years of experience

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Salaries in different departments

BFSI, Investments & Trading Area Manager Salary 14 - 16 years exp. (AmbitionBox Estimate)	₹13 L/yr - ₹17 L/yr
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Marketing & Communication Area Manager Salary 17 - 20 years exp. (AmbitionBox Estimate)	₹13.5 L/yr - ₹18.1 L/yr

Last Updated: 29 May 2024

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

Reliance Nippon Life Insurance Area Manager Salary

12 - 20 years exp. (6 salaries)

₹13 L/yr - ₹18.1 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Area Manager Salary 1 - 17 years exp. (47 salaries)	₹7 L/yr - ₹12 L/yr 37% less
SBI Life Insurance Company Area Manager Salary 6 - 18 years exp. (14 salaries)	₹7.5 L/yr - ₹13.5 L/yr 37% less
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Max Life Insurance Area Manager Salary 7 - 15 years exp. (30 salaries)	₹5 L/yr - ₹14 L/yr 48% less	13 job openings
Bajaj Allianz Life Insurance Area Manager Salary 6 - 13 years exp. (12 salaries)	₹5 L/yr - ₹13 L/yr 41% less
Tata AIA Life Insurance Area Manager Salary 7 - 16 years exp. (19 salaries)	₹9 L/yr - ₹16.5 L/yr 22% less	4 job openings
Aditya Birla Sun Life Insurance Area Manager Salary 4 - 11 years exp. (28 salaries)	₹5.3 L/yr - ₹9 L/yr 56% less
ICICI Lombard General Insurance Company Area Manager Salary 5 - 14 years exp. (17 salaries)	₹6.8 L/yr - ₹18.5 L/yr 8% less
Aditya Birla Health Insurance Co Area Manager Salary 10 - 13 years exp. (3 salaries)	₹10.3 L/yr - ₹13.5 L/yr 21% less

Area Manager salary at Reliance Nippon Life Insurance ranges between ₹13 Lakhs to ₹18.1 Lakhs per year for employees with experience between 12 years to 20 years. Salary estimates are based on 6 latest salaries received from various employees of Reliance Nippon Life Insurance.

Experience wise Reliance Nippon Life Insurance Area Manager salaries in Mumbai

Last Updated: 29 May 2024

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹14 L/yr
13 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹15.4 L/yr
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14 years (AmbitionBox Estimate)	₹13 L/yr - ₹26.9 L/yr
15+ years (3 salaries)	₹6.5 L/yr - ₹18.1 L/yr

Similar Designation salaries in Reliance Nippon Life Insurance

Deputy Manager Salary

(48 salaries)

₹3.7 L/yr - ₹14.59 L/yr

Sales Manager Salary

(23 salaries)

₹1.5 L/yr - ₹5 L/yr

Team Lead Salary

(7 salaries)

₹2.5 L/yr - ₹4.6 L/yr

Cluster Manager Salary

(4 salaries)

₹7.8 L/yr - ₹15 L/yr

Regional Manager Salary

(3 salaries)

₹19 L/yr - ₹20 L/yr

Salary related reviews for Reliance Nippon Life Insurance

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

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

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

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.

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.

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.

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

Dislikes

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

see more salary related reviews

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Reliance Nippon Life Insurance Area Manager Salary FAQs

What is the salary of Area Manager at Reliance Nippon Life Insurance Mumbai?

Area Manager salary at Reliance Nippon Life Insurance in Mumbai ranges between ₹13.0 Lakhs to ₹18.1 Lakhs for experience between 12 years to 20 years. According to our estimates it is 50% more than the average Area Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Reliance Nippon Life Insurance Mumbai.

How does the salary of a Area Manager at Reliance Nippon Life Insurance Mumbai compare with the average salary range for this job?

The average salary of a Area Manager at Reliance Nippon Life Insurance is 50% more than the average salary of a Area Manager in Mumbai. To know exact salary insights, login to view.

What is the salary of a Area Manager in companies similar to Reliance Nippon Life Insurance in Mumbai?

ICICI Lombard General Insurance Company Area Manager Salary - ₹6.8 Lakhs to ₹18.5 Lakhs per year
Aditya Birla Health Insurance Co Area Manager Salary - ₹10.3 Lakhs to ₹13.5 Lakhs per year
Tata AIA Life Insurance Area Manager Salary - ₹9.0 Lakhs to ₹16.5 Lakhs per year
SBI Life Insurance Company Area Manager Salary - ₹7.5 Lakhs to ₹13.5 Lakhs per year
ICICI Prudential Life Insurance Area Manager Salary - ₹7.0 Lakhs to ₹12.0 Lakhs per year

What is the estimated take home salary of a Area Manager at Reliance Nippon Life Insurance in Mumbai?

The estimated take-home salary of a Area Manager at Reliance Nippon Life Insurance ranges between ₹1,07,005 per month to ₹1,09,953 per month in Mumbai. The take-home salary calculation is based on the average Reliance Nippon Life Insurance Area Manager salary in India which ranges between ₹13.0 Lakhs to ₹18.1 Lakhs per year for employees with experience between 12 years to 20 years. Check how did we calculate take home salary?

What is the notice period for Area Manager at Reliance Nippon Life Insurance in Mumbai?

According to AmbitionBox, 100% of the Reliance Nippon Life Insurance Area Managers in Mumbai reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Reliance Nippon Life Insurance Area Manager Salaries in Mumbai

Reliance Nippon Life Insurance Area Manager salary in Mumbai ranges between ₹13 Lakhs to ₹18.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.