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

Annual salary range
15 - 23 years exp.
₹13.9 Lakhs - ₹32 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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38% less than the average Associate Vice President Salary in Insurance Companies for 15 - 23 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Associate Vice President Salary
17 - 23 years exp. (10 salaries)
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₹16.5 L/yr - ₹21.4 L/yr

Customer Success, Service & Operations
Associate Vice President Salary
15 - 21 years exp. (4 salaries)
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₹15.5 L/yr - ₹31.5 L/yr

Risk Management & Compliance
Associate Vice President Salary
16 - 19 years exp. (4 salaries)
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₹15.3 L/yr - ₹17.1 L/yr

Strategic & Top Management
Associate Vice President Salary
15 - 23 years exp. (4 salaries)
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₹14 L/yr - ₹25 L/yr

Sales & Business Development
Associate Vice President Salary
20 - 23 years exp. (3 salaries)
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₹20.6 L/yr - ₹24 L/yr

View all

Last Updated: 2 Apr 2025

Companies similar to Reliance Nippon Life Insurance for Associate Vice President

Company name Avg Annual Salary Open Jobs
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₹14 L/yr - ₹38 L/yr

arrow icon 19% more
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₹9 L/yr - ₹36 L/yr

arrow icon 8% more
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HDFC Life Associate Vice President Salary

9 - 24 years exp. (92 salaries)

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₹18 L/yr - ₹61.6 L/yr

arrow icon 79% more
3 job openings
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₹22 L/yr - ₹47.5 L/yr

arrow icon 72% more
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₹22 L/yr - ₹41.3 L/yr

arrow icon 55% more
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₹12 L/yr - ₹29.5 L/yr

arrow icon 8% less
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₹11.1 L/yr - ₹44 L/yr

arrow icon 26% more
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₹20.2 L/yr - ₹47 L/yr

arrow icon 56% more
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₹8 L/yr - ₹22.4 L/yr

arrow icon 31% less
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₹23.8 L/yr - ₹42.8 L/yr

arrow icon 64% more
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₹19 L/yr - ₹33 L/yr

arrow icon 20% more
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₹19 L/yr - ₹78 L/yr

arrow icon 130% more
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₹11.8 L/yr - ₹21 L/yr

arrow icon 6% less
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MetLife Associate Vice President Salary

20 - 24 years exp. (3 salaries)

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₹70 L/yr - ₹1.1 Cr/yr

arrow icon 367% more
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₹16 L/yr - ₹24.2 L/yr

arrow icon 7% more
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₹12.2 L/yr - ₹25.2 L/yr

arrow icon 5% less
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PNB MetLife Associate Vice President Salary

13 - 17 years exp. (3 salaries)

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₹19.5 L/yr - ₹28.6 L/yr

arrow icon 17% more
Associate Vice President salary at Reliance Nippon Life Insurance ranges between ₹13.9 Lakhs to ₹32 Lakhs per year for employees with experience between 15 years to 23 years. Salary estimates are based on 31 latest salaries received from various employees of Reliance Nippon Life Insurance.

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

2d ago
₹14 Lakhs
15 years exp.
1mo ago
₹24 Lakhs
23 years exp.
3mo ago
₹17.3 Lakhs
22 years exp.
4mo ago
₹21.4 Lakhs
23 years exp.
4mo ago
₹13.9 Lakhs
18 years exp.
5mo ago
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15 years exp.
5mo ago
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23 years exp.
6mo ago
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16 years exp.
6mo ago
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21 years exp.
7mo ago
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22 years exp.

Experience wise Reliance Nippon Life Insurance Associate Vice President salaries

Last Updated: 2 Apr 2025

Experience Avg Annual Salary
15+ years  (31 salaries)

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₹13.9 L/yr - ₹32 L/yr

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
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₹1 L/yr - ₹3.22 L/yr
Technical Lead Salary
(AmbitionBox Estimate)
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₹6.6 L/yr - ₹8.4 L/yr
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₹8 L/yr - ₹18.5 L/yr
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₹3 L/yr - ₹21 L/yr
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₹8 L/yr - ₹13 L/yr
Team Lead Salary
(52 salaries)
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₹2.4 L/yr - ₹4.85 L/yr
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₹1.75 L/yr - ₹2.8 L/yr

Salary related reviews for Reliance Nippon Life Insurance

3.2

Rated by 6 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 Associate Vice President Salary FAQs

What is the salary of Associate Vice President at Reliance Nippon Life Insurance ?
The average salary of a Associate Vice President at Reliance Nippon Life Insurance in India typically ranges from ₹13.9 Lakhs to ₹32.0 Lakhs per year, depending on experience (from 15 years to 23 years).

The top 10% of Associate Vice President at Reliance Nippon Life Insurance earn more than ₹26.2 Lakhs per year, and the top 1% earn over ₹32.0 Lakhs per year. Associate 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 30+ Reliance Nippon Life Insurance employees in India.
What is the estimated take home salary of a Associate Vice President at Reliance Nippon Life Insurance in India?
The estimated take-home salary of a Associate Vice President at Reliance Nippon Life Insurance in India typically ranges from ₹1,31,983 to ₹1,36,814 per month. This is based on the average salary range of ₹13.9 Lakhs to ₹32.0 Lakhs per year for employees with experience ranging from 15 years to 23 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 30+ 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 Associate Vice President in India?
MetLife ₹70.0 Lakhs to ₹112.0 Lakhs per year
Tata AIA Life Insurance ₹19.0 Lakhs to ₹78.0 Lakhs per year
HDFC Life ₹18.0 Lakhs to ₹61.6 Lakhs per year
Bajaj Allianz Life Insurance ₹22.0 Lakhs to ₹47.5 Lakhs per year
Aditya Birla Health Insurance Co ₹23.8 Lakhs to ₹42.8 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 Associate Vice President in companies similar to Reliance Nippon Life Insurance in India?
The salary of a Associate 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:

Aditya Birla Sun Life Insurance ₹20.2 Lakhs to ₹47.0 Lakhs per year
ICICI Prudential Life Insurance ₹22.0 Lakhs to ₹41.3 Lakhs per year
Axis Max Life Insurance ₹11.1 Lakhs to ₹44.0 Lakhs per year
SBI General Insurance ₹19.0 Lakhs to ₹33.0 Lakhs per year
ICICI Lombard General Insurance Company ₹14.0 Lakhs to ₹38.0 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 Associate Vice President at Reliance Nippon Life Insurance in India?
The salary growth for a Associate Vice President at Reliance Nippon Life Insurance depends on factors such as experience, performance, and promotions. On average, a Associate Vice President can expect the following growth trajectory at Reliance Nippon Life Insurance:

Experience Average Salary Range
15 years ₹13.9 Lakhs to ₹32.0 Lakhs per year
and so on.

Tell us how to improve this page.

Reliance Nippon Life Insurance Associate Vice President salary in India ranges between ₹13.9 Lakhs to ₹32 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 31 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.