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Reliance Nippon Life Insurance Assistant Manager salaries in Mumbai (Updated 2025)

Annual salary range
1 - 15 years exp.
₹2.5 Lakhs - ₹8 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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46% less than the average Assistant Manager Salary in Insurance Companies for 1 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Assistant Manager Salary
1 - 11 years exp. (23 salaries)
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₹3.2 L/yr - ₹5.5 L/yr

Customer Success, Service & Operations
Assistant Manager Salary
4 - 14 years exp. (15 salaries)
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₹2.5 L/yr - ₹6 L/yr

Finance & Accounting
Assistant Manager Salary
2 - 10 years exp. (8 salaries)
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₹3.8 L/yr - ₹7 L/yr

Human Resources
Assistant Manager Salary
4 - 10 years exp. (8 salaries)
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₹2.5 L/yr - ₹5 L/yr

Administration & Facilities
Assistant Manager Salary
4 - 15 years exp. (4 salaries)
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₹3.1 L/yr - ₹6 L/yr

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Last Updated: 15 Mar 2025

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

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Reliance Nippon Life Insurance Assistant Manager Salary

1 - 15 years exp. (73 salaries)

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₹2.5 L/yr - ₹8 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹2 L/yr - ₹4.6 L/yr

arrow icon 18% less
1 job opening
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Tata AIA Life Insurance Assistant Manager Salary

2 - 17 years exp. (315 salaries)

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₹4.2 L/yr - ₹18 L/yr

arrow icon 125% more
29 job openings
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₹3 L/yr - ₹7 L/yr

arrow icon 20% more
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₹3 L/yr - ₹9.5 L/yr

arrow icon 25% more
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₹4 L/yr - ₹11 L/yr

arrow icon 62% more
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₹1.9 L/yr - ₹6.2 L/yr

arrow icon 1% more
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₹2.9 L/yr - ₹8.2 L/yr

arrow icon 10% more
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HDFC Life Assistant Manager Salary

1 - 10 years exp. (88 salaries)

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₹1.7 L/yr - ₹7 L/yr

arrow icon 8% more
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₹2.2 L/yr - ₹7.5 L/yr

arrow icon 7% less
22 job openings
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SBI General Insurance Assistant Manager Salary

0 - 11 years exp. (70 salaries)

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₹3.2 L/yr - ₹9 L/yr

arrow icon 4% less
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₹5.2 L/yr - ₹10 L/yr

arrow icon 76% more
1 job opening
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₹3 L/yr - ₹12 L/yr

arrow icon 68% more
1 job opening
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PNB MetLife Assistant Manager Salary

2 - 11 years exp. (55 salaries)

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₹2.5 L/yr - ₹8 L/yr

arrow icon 17% more
2 job openings
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₹3 L/yr - ₹8 L/yr

arrow icon 15% more
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Marsh Assistant Manager Salary

0 - 6 years exp. (22 salaries)

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₹6 L/yr - ₹19 L/yr

arrow icon 157% more
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₹3.9 L/yr - ₹9.3 L/yr

arrow icon 31% more
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₹5 L/yr - ₹10 L/yr

arrow icon 86% more
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₹11 L/yr - ₹18 L/yr

arrow icon 235% more
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₹1 L/yr - ₹8 L/yr

arrow icon 16% less
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Gallagher Assistant Manager Salary

8 - 16 years exp. (5 salaries)

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₹10 L/yr - ₹26.5 L/yr

arrow icon 263% more
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Assistant Manager salary at Reliance Nippon Life Insurance ranges between ₹2.5 Lakhs to ₹8 Lakhs per year for employees with experience between 1 year to 15 years. Salary estimates are based on 73 latest salaries received from various employees of Reliance Nippon Life Insurance.

Latest annual salaries shared by Reliance Nippon Life Insurance Assistant Manager in Mumbai

3w ago
₹4 Lakhs
2 years exp.
1mo ago
₹4.7 Lakhs
8 years exp.
1mo ago
₹5.4 Lakhs
5 years exp.
1mo ago
₹5.8 Lakhs
15 years exp.
1mo ago
₹4 Lakhs
1 year exp.
2mo ago
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10 years exp.
2mo ago
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4 years exp.
2mo ago
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8 years exp.
4mo ago
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6 years exp.
4mo ago
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8 years exp.

Experience wise Reliance Nippon Life Insurance Assistant Manager salaries in Mumbai

Last Updated: 15 Mar 2025

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹3.6 L/yr - ₹4.6 L/yr
2 years  (5 salaries)

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₹3.3 L/yr - ₹7.3 L/yr
3 years  (3 salaries)

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₹1.6 L/yr - ₹8 L/yr
4 years  (10 salaries)

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₹2.8 L/yr - ₹5 L/yr
5 years  (8 salaries)

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₹2.5 L/yr - ₹6 L/yr
View all

Similar Designation salaries in Reliance Nippon Life Insurance

Deputy Manager Salary
(53 salaries)
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₹3.7 L/yr - ₹14.37 L/yr
Sales Manager Salary
(20 salaries)
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₹1.5 L/yr - ₹5 L/yr
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₹5.5 L/yr - ₹7.5 L/yr
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₹2 L/yr - ₹3.6 L/yr

Salary related reviews for Reliance Nippon Life Insurance

3.5

Rated by 11 employees for salary & benefits

Full Time

 · 

Customer Success, Service & Operations Department

2.0
  •  posted on 01 Apr 2024

3.0
 for  Salary and Benefits

Likes

Salary part while hiring is Ok.

Dislikes

No work life balance. Work pressure and work timing is worst. Mostly last two Sundays are working too. Employee have no right to suggest or give feedback. Job insecurity etc.

read more
  • Skill development - Bad
  • +5 more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 23 Dec 2024

1.0
 for  Salary and Benefits

Dislikes

No specifications and job clarity for the role of ABM and salary deduction as per company's discrition which do not bring any corporate feelings to employees it seems they are working in a grocery shop not in corporate

read more
  • Salary - Bad
  • +5 more

Full Time

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BFSI, Investments & Trading Department

3.0
  •  posted on 09 Jun 2023

3.0
 for  Salary and Benefits

Likes

I am working in Face to Face channel that concept is good & that channel work on women Empowerment when I hired that women & groom also that movement feel good when she earn self respect from society. Salary always give on time.

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Dislikes

Salary package less Promotion option Nil On Festival like Diwali even not give single rupee gift even . PLI stop from last year No support on Stationery & Housekeeping materials.

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  • Promotions - Poor

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

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  • Salary - Excellent
  • +5 more

Dislikes

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

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.

read more
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Reliance Nippon Life Insurance Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Reliance Nippon Life Insurance in Mumbai?
The average salary of a Assistant Manager at Reliance Nippon Life Insurance in Mumbai typically ranges from ₹2.5 Lakhs to ₹8.0 Lakhs per year, depending on experience (from 1 year to 15 years).

The top 10% of Assistant Manager in Mumbai at Reliance Nippon Life Insurance earn more than ₹5.9 Lakhs per year, and the top 1% earn over ₹7.8 Lakhs per year. Assistant 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 70+ Reliance Nippon Life Insurance employees in India.
What is the estimated take home salary of a Assistant Manager at Reliance Nippon Life Insurance in Mumbai?
The estimated take-home salary of a Assistant Manager at Reliance Nippon Life Insurance in Mumbai typically ranges from ₹33,752 to ₹35,010 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹8.0 Lakhs per year for employees with experience ranging from 1 year to 15 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 70+ 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 Assistant Manager in India?
Gallagher ₹10.0 Lakhs to ₹26.5 Lakhs per year
United India Insurance Company ₹11.0 Lakhs to ₹19.0 Lakhs per year
The New India Assurance Co. ₹11.0 Lakhs to ₹18.0 Lakhs per year
The Oriental Insurance Co. ₹9.0 Lakhs to ₹15.5 Lakhs per year
Marsh ₹6.0 Lakhs to ₹19.0 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 Assistant Manager in companies similar to Reliance Nippon Life Insurance in Mumbai?
The salary of a Assistant Manager at companies similar to Reliance Nippon Life Insurance in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Tata AIA Life Insurance ₹4.2 Lakhs to ₹18.0 Lakhs per year
AON Global Insurance Brokers ₹5.0 Lakhs to ₹10.0 Lakhs per year
Bajaj Allianz General Insurance ₹5.2 Lakhs to ₹10.0 Lakhs per year
Bajaj Allianz Life Insurance ₹3.0 Lakhs to ₹12.0 Lakhs per year
SBI Life Insurance Company ₹4.0 Lakhs to ₹11.0 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 Assistant Manager at Reliance Nippon Life Insurance in Mumbai?
The salary growth for a Assistant Manager at Reliance Nippon Life Insurance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Assistant Manager in Mumbai can expect the following growth trajectory at Reliance Nippon Life Insurance:

Experience Average Salary Range
1 year ₹3.6 Lakhs to ₹4.6 Lakhs per year
2 years ₹3.3 Lakhs to ₹7.3 Lakhs per year
3 years ₹1.6 Lakhs to ₹8.0 Lakhs per year
4 years ₹2.8 Lakhs to ₹5.0 Lakhs per year
and so on.

Tell us how to improve this page.

Reliance Nippon Life Insurance Assistant Manager salary in Mumbai ranges between ₹2.5 Lakhs to ₹8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 73 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.