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

Annual salary range
5 - 20 years exp.
₹15 Lakhs - ₹31 Lakhs
Salary of majority employees
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21% 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 in Mumbai

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Reliance Nippon Life Insurance Assistant Vice President Salary

5 - 20 years exp. (4 salaries)

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₹15 L/yr - ₹31 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Life Assistant Vice President Salary

13 - 24 years exp. (16 salaries)

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₹22.2 L/yr - ₹52 L/yr

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1 job opening
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₹18.5 L/yr - ₹40.2 L/yr

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1 job opening
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₹8.5 L/yr - ₹30.3 L/yr

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₹19.2 L/yr - ₹59.4 L/yr

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₹40 L/yr - ₹56 L/yr

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₹11.7 L/yr - ₹35 L/yr

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₹32.5 L/yr - ₹59 L/yr

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₹18.2 L/yr - ₹34.9 L/yr

arrow icon 28% more
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₹14.2 L/yr - ₹31 L/yr

arrow icon 4% more
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Gallagher Assistant Vice President Salary

9 - 16 years exp. (5 salaries)

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₹20 L/yr - ₹26 L/yr

arrow icon 2% more
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Marsh Assistant Vice President Salary

7 - 12 years exp. (4 salaries)

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₹19.5 L/yr - ₹23 L/yr

arrow icon 14% less
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₹32 L/yr - ₹43 L/yr

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Assistant Vice President salary at Reliance Nippon Life Insurance ranges between ₹15 Lakhs to ₹31 Lakhs per year for employees with experience between 5 years to 20 years. Salary estimates are based on 4 latest salaries received from various employees of Reliance Nippon Life Insurance.

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

2mo ago
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12 years exp.
8mo ago
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16 years exp.
8mo ago
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20 years exp.
1y ago
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5 years exp.

Experience wise Reliance Nippon Life Insurance Assistant Vice President salaries in Mumbai

Last Updated: 9 Jan 2025

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹27.9 L/yr - ₹35.6 L/yr
12 years (AmbitionBox Estimate)

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₹27.7 L/yr - ₹35.4 L/yr
15+ years (AmbitionBox Estimate)

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₹13.7 L/yr - ₹17.5 L/yr

Similar Designation salaries in Reliance Nippon Life Insurance

Team Lead Salary
(7 salaries)
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₹2.5 L/yr - ₹4.6 L/yr
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₹1 L/yr - ₹3 L/yr
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₹8 L/yr - ₹18.5 L/yr
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₹8 L/yr - ₹13 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

 · 

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

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

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 29 Jul 2023

3.0
 for  Salary and Benefits

Likes

The work life balance here in reliance is excellent. No unnecessary pressure is put up on you. Proper training and induction is conducted when you join the company. The incentive structure is very nice compared toother organizations.

read more
  • Skill development - Good
  • +3 more

Dislikes

There is no appraisal criteria here. Only way to increase your salary is tthrough promotions and which sometime is difficult to achieve .

read more
  • Promotions - Poor
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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 Mumbai?
Assistant Vice President salary at Reliance Nippon Life Insurance in Mumbai ranges between ₹15.0 Lakhs to ₹31.0 Lakhs for experience between 5 years to 20 years. According to our estimates it is 21% less than the average Assistant Vice President Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Reliance Nippon Life Insurance Mumbai.
How does the salary of a Assistant Vice President at Reliance Nippon Life Insurance Mumbai compare with the average salary range for this job?
The average salary of a Assistant Vice President at Reliance Nippon Life Insurance is 21% less than the average salary of a Assistant Vice President in Mumbai. To know exact salary insights, login to view.
Which similar companies are paying more than Reliance Nippon Life Insurance to a Assistant Vice President in Mumbai?
  • Aditya Birla Sun Life Insurance Assistant Vice President Salary - ₹40.0 Lakhs to ₹56.0 Lakhs per year
  • Aditya Birla Health Insurance Co Assistant Vice President Salary - ₹32.5 Lakhs to ₹59.0 Lakhs per year
  • Bajaj Allianz General Insurance Assistant Vice President Salary - ₹32.0 Lakhs to ₹43.0 Lakhs per year
  • Tata AIA Life Insurance Assistant Vice President Salary - ₹19.2 Lakhs to ₹59.4 Lakhs per year
  • HDFC Life Assistant Vice President Salary - ₹22.2 Lakhs to ₹52.0 Lakhs per year
What is the salary of a Assistant Vice President in companies similar to Reliance Nippon Life Insurance in Mumbai?
  • SBI General Insurance Assistant Vice President Salary - ₹18.2 Lakhs to ₹34.9 Lakhs per year
  • Axis Max Life Insurance Assistant Vice President Salary - ₹18.5 Lakhs to ₹40.2 Lakhs per year
  • ICICI Lombard General Insurance Company Assistant Vice President Salary - ₹14.2 Lakhs to ₹31.0 Lakhs per year
  • Gallagher Assistant Vice President Salary - ₹20.0 Lakhs to ₹26.0 Lakhs per year
  • HDFC Ergo General Insurance Assistant Vice President Salary - ₹11.7 Lakhs to ₹35.0 Lakhs per year
What is the estimated take home salary of a Assistant Vice President at Reliance Nippon Life Insurance in Mumbai?
The estimated take-home salary of a Assistant Vice President at Reliance Nippon Life Insurance ranges between ₹1,48,067 per month to ₹1,53,626 per month in Mumbai. The take-home salary calculation is based on the average Reliance Nippon Life Insurance Assistant Vice President salary in India which ranges between ₹15.0 Lakhs to ₹31.0 Lakhs per year for employees with experience between 5 years to 20 years. Check how did we calculate take home salary?
What is the notice period for Assistant Vice President at Reliance Nippon Life Insurance in Mumbai?
According to AmbitionBox, 100% of the Reliance Nippon Life Insurance Assistant Vice Presidents in Mumbai reported a notice period of 3 Months.This is based on 5 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Reliance Nippon Life Insurance Assistant Vice President salary in Mumbai ranges between ₹15 Lakhs to ₹31 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.