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Reliance Nippon Life Insurance Assistant Vice President salaries in India (Updated 2025)

Annual salary range
5 - 20 years exp.
₹14 Lakhs - ₹31 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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30% less than the average Assistant Vice President Salary in Insurance Companies for 5 - 20 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Assistant Vice President Salary
16 years exp. (AmbitionBox Estimate)
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₹13.5 L/yr - ₹16.5 L/yr

Data Science & Analytics
Assistant Vice President Salary
20 years exp. (AmbitionBox Estimate)
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₹14 L/yr - ₹17.1 L/yr

Human Resources
Assistant Vice President Salary
5 years exp. (AmbitionBox Estimate)
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₹27.9 L/yr - ₹34.1 L/yr

Strategic & Top Management
Assistant Vice President Salary
12 years exp. (AmbitionBox Estimate)
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₹27.7 L/yr - ₹33.8 L/yr

Last Updated: 9 Jan 2025

Companies similar to Reliance Nippon Life Insurance for Assistant Vice President

Company name Avg Annual Salary Open Jobs
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₹9.6 L/yr - ₹32 L/yr

arrow icon 3% more
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₹7 L/yr - ₹27.7 L/yr

arrow icon 24% less
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₹10.5 L/yr - ₹39.2 L/yr

arrow icon 12% more
1 job opening
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₹19.2 L/yr - ₹51 L/yr

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12 job openings
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HDFC Life Assistant Vice President Salary

13 - 24 years exp. (18 salaries)

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₹22.2 L/yr - ₹55 L/yr

arrow icon 85% more
1 job opening
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₹14.2 L/yr - ₹31 L/yr

arrow icon 7% more
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₹18.2 L/yr - ₹34.9 L/yr

arrow icon 41% more
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₹32.5 L/yr - ₹59 L/yr

arrow icon 90% more
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₹20.1 L/yr - ₹43 L/yr

arrow icon 66% more
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₹26.6 L/yr - ₹50 L/yr

arrow icon 68% more
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Marsh Assistant Vice President Salary

5 - 12 years exp. (8 salaries)

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₹15 L/yr - ₹23 L/yr

arrow icon 5% less
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₹40 L/yr - ₹56 L/yr

arrow icon 98% more
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₹17 L/yr - ₹22.5 L/yr

arrow icon 11% less
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Gallagher Assistant Vice President Salary

9 - 16 years exp. (6 salaries)

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₹20 L/yr - ₹26 L/yr

arrow icon 12% more
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₹21.2 L/yr - ₹40 L/yr

arrow icon 43% more
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₹39.3 L/yr - ₹50 L/yr

arrow icon 109% more
Assistant Vice President salary at Reliance Nippon Life Insurance ranges between ₹14 Lakhs to ₹31 Lakhs per year for employees with experience between 5 years to 20 years. Salary estimates are based on 5 latest salaries received from various employees of Reliance Nippon Life Insurance.

Latest annual salaries shared by Reliance Nippon Life Insurance Assistant Vice President

1w ago
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12 years exp.
6mo ago
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16 years exp.
7mo ago
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20 years exp.
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5 years exp.

Experience wise Reliance Nippon Life Insurance Assistant Vice President salaries

Last Updated: 9 Jan 2025

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹14 L/yr - ₹31 L/yr
6 years (AmbitionBox Estimate)

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₹21.6 L/yr - ₹27.7 L/yr
7 years (AmbitionBox Estimate)

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₹21.2 L/yr - ₹27.1 L/yr
8 years (AmbitionBox Estimate)

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₹20.7 L/yr - ₹26.5 L/yr
9 years (AmbitionBox Estimate)

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₹20.3 L/yr - ₹25.9 L/yr
View all

Similar Designation salaries in Reliance Nippon Life Insurance

Associate Consultant Salary
(AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.8 L/yr
Technical Lead Salary
(AmbitionBox Estimate)
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₹6.6 L/yr - ₹8.4 L/yr
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₹3 L/yr - ₹21 L/yr
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₹1 L/yr - ₹3.22 L/yr
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₹8 L/yr - ₹13 L/yr
Team Lead Salary
(43 salaries)
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₹2.4 L/yr - ₹4.6 L/yr
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₹1.75 L/yr - ₹2.8 L/yr
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₹8 L/yr - ₹18.5 L/yr

Salary related reviews for Reliance Nippon Life Insurance

1.0

Rated by 1 employees for salary & benefits

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.

read more
  • Salary - Poor
  • +3 more

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

read more
  • 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.

read more
  • Salary - Poor
  • +1 more

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.

read more
  • Salary - Poor
  • +6 more

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

read more
  • Salary - Poor
  • +6 more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 07 Nov 2024

1.0
 for  Salary and Benefits

Likes

Too much ghatia i mean wrost experience ever..

Dislikes

...e to get policy on my name nd told if i didn't get the policy i cant get my job. Totally fraud company they did gave me any salary i work 2 month straight .

read more
  • Salary - Bad
  • +6 more
see more salary related reviews

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Reliance Nippon Life Insurance Assistant Vice President Salary FAQs

What is the salary of Assistant Vice President at Reliance Nippon Life Insurance ?
The average salary of a Assistant Vice President at Reliance Nippon Life Insurance in India typically ranges from ₹14.0 Lakhs to ₹31.0 Lakhs per year, depending on experience (from 5 years to 20 years).

The top 10% of Assistant Vice President at Reliance Nippon Life Insurance earn more than ₹31.0 Lakhs per year, and the top 1% earn over ₹31.0 Lakhs per year. Assistant Vice President 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 5 Reliance Nippon Life Insurance employees in India.
What is the estimated take home salary of a Assistant Vice President at Reliance Nippon Life Insurance in India?
The estimated take-home salary of a Assistant Vice President at Reliance Nippon Life Insurance in India typically ranges from ₹1,36,010 to ₹1,41,023 per month. This is based on the average salary range of ₹14.0 Lakhs to ₹31.0 Lakhs per year for employees with experience ranging from 5 years to 20 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 5 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 Vice President in India?
Bajaj Allianz Life Insurance ₹39.3 Lakhs to ₹50.0 Lakhs per year
Aditya Birla Sun Life Insurance ₹40.0 Lakhs to ₹56.0 Lakhs per year
Aditya Birla Health Insurance Co ₹32.5 Lakhs to ₹59.0 Lakhs per year
HDFC Life ₹22.2 Lakhs to ₹55.0 Lakhs per year
Star Health & Allied Insurance ₹26.6 Lakhs to ₹50.0 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 Vice President in companies similar to Reliance Nippon Life Insurance in India?
The salary of a Assistant Vice President 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:

Bajaj Allianz General Insurance ₹20.1 Lakhs to ₹43.0 Lakhs per year
ICICI Prudential Life Insurance ₹21.2 Lakhs to ₹40.0 Lakhs per year
SBI General Insurance ₹18.2 Lakhs to ₹34.9 Lakhs per year
Tata AIA Life Insurance ₹19.2 Lakhs to ₹51.0 Lakhs per year
Axis Max Life Insurance ₹10.5 Lakhs to ₹39.2 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 Vice President at Reliance Nippon Life Insurance in India?
The salary growth for a Assistant Vice President at Reliance Nippon Life Insurance depends on factors such as experience, performance, and promotions. On average, a Assistant Vice President can expect the following growth trajectory at Reliance Nippon Life Insurance:

Experience Average Salary Range
5 years ₹14.0 Lakhs to ₹31.0 Lakhs per year
6 years ₹21.6 Lakhs to ₹27.7 Lakhs per year
7 years ₹21.2 Lakhs to ₹27.1 Lakhs per year
8 years ₹20.7 Lakhs to ₹26.5 Lakhs per year
and so on.

Tell us how to improve this page.

Reliance Nippon Life Insurance Assistant Vice President salary in India ranges between ₹14 Lakhs to ₹31 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.