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Reliance Nippon Life Insurance Associate Vice President salaries in Mumbai

Annual salary range
15 - 23 years exp.
₹13.9 Lakhs - ₹32 Lakhs
Salary of majority employees
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26% 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

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

BFSI, Investments & Trading
Associate Vice President Salary
17 - 21 years exp. (3 salaries)
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₹18 L/yr - ₹22.3 L/yr

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

Finance & Accounting
Associate Vice President Salary
17 - 18 years exp. (AmbitionBox Estimate)
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₹13.9 L/yr - ₹21.1 L/yr

IT & Information Security
Associate Vice President Salary
15 - 16 years exp. (AmbitionBox Estimate)
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₹23.7 L/yr - ₹25 L/yr

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Last Updated: 18 Feb 2025

Companies similar to Reliance Nippon Life Insurance for Associate Vice President in Mumbai

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Reliance Nippon Life Insurance Associate Vice President Salary

15 - 23 years exp. (17 salaries)

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₹13.9 L/yr - ₹32 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹24 L/yr - ₹41.3 L/yr

arrow icon 42% more
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HDFC Life Associate Vice President Salary

9 - 24 years exp. (57 salaries)

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₹18 L/yr - ₹50 L/yr

arrow icon 40% more
2 job openings
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₹12 L/yr - ₹36 L/yr

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₹12 L/yr - ₹44 L/yr

arrow icon 31% more
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₹22 L/yr - ₹44.6 L/yr

arrow icon 40% more
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₹14.5 L/yr - ₹22.4 L/yr

arrow icon 23% less
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₹19 L/yr - ₹67.8 L/yr

arrow icon 67% more
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₹24 L/yr - ₹47 L/yr

arrow icon 54% more
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₹15 L/yr - ₹35 L/yr

arrow icon 5% more
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₹25 L/yr - ₹42 L/yr

arrow icon 53% more
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₹13 L/yr - ₹29.5 L/yr

arrow icon 6% less
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₹20 L/yr - ₹33 L/yr

arrow icon 11% more
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₹11.8 L/yr - ₹21 L/yr

arrow icon 22% less
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 17 latest salaries received from various employees of Reliance Nippon Life Insurance.

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

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23 years exp.
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15 years exp.
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23 years exp.
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Experience wise Reliance Nippon Life Insurance Associate Vice President salaries in Mumbai

Last Updated: 18 Feb 2025

Experience Avg Annual Salary
15+ years  (17 salaries)

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₹13.9 L/yr - ₹32 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

4.2

Rated by 5 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

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  • 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 Associate Vice President Salary FAQs

What is the salary of Associate Vice President at Reliance Nippon Life Insurance Mumbai?
Associate Vice President salary at Reliance Nippon Life Insurance in Mumbai ranges between ₹13.9 Lakhs to ₹32.0 Lakhs for experience between 15 years to 23 years. According to our estimates it is 26% less than the average Associate Vice President Salary in India. Salary estimates are based on 17 latest salaries received from various employees of Reliance Nippon Life Insurance Mumbai.
How does the salary of a Associate Vice President at Reliance Nippon Life Insurance Mumbai compare with the average salary range for this job?
The average salary of a Associate Vice President at Reliance Nippon Life Insurance is 26% less than the average salary of a Associate 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 Associate Vice President in Mumbai?
  • Tata AIA Life Insurance Associate Vice President Salary - ₹19.0 Lakhs to ₹67.8 Lakhs per year
  • Aditya Birla Sun Life Insurance Associate Vice President Salary - ₹24.0 Lakhs to ₹47.0 Lakhs per year
  • Aditya Birla Health Insurance Co Associate Vice President Salary - ₹25.0 Lakhs to ₹42.0 Lakhs per year
  • ICICI Prudential Life Insurance Associate Vice President Salary - ₹24.0 Lakhs to ₹41.3 Lakhs per year
  • Bajaj Allianz Life Insurance Associate Vice President Salary - ₹22.0 Lakhs to ₹44.6 Lakhs per year
What is the salary of a Associate Vice President in companies similar to Reliance Nippon Life Insurance in Mumbai?
  • HDFC Life Associate Vice President Salary - ₹18.0 Lakhs to ₹50.0 Lakhs per year
  • Max Life Insurance Associate Vice President Salary - ₹12.0 Lakhs to ₹44.0 Lakhs per year
  • SBI General Insurance Associate Vice President Salary - ₹20.0 Lakhs to ₹33.0 Lakhs per year
  • ICICI Lombard General Insurance Company Associate Vice President Salary - ₹15.0 Lakhs to ₹35.0 Lakhs per year
  • SBI Life Insurance Company Associate Vice President Salary - ₹12.0 Lakhs to ₹36.0 Lakhs per year
What is the estimated take home salary of a Associate Vice President at Reliance Nippon Life Insurance in Mumbai?
The estimated take-home salary of a Associate Vice President at Reliance Nippon Life Insurance ranges between ₹1,46,805 per month to ₹1,52,306 per month in Mumbai. The take-home salary calculation is based on the average Reliance Nippon Life Insurance Associate Vice President salary in India which ranges between ₹13.9 Lakhs to ₹32.0 Lakhs per year for employees with experience between 15 years to 23 years. Check how did we calculate take home salary?
What is the notice period for Associate Vice President at Reliance Nippon Life Insurance in Mumbai?
According to AmbitionBox, 65% of the Reliance Nippon Life Insurance Associate Vice Presidents in Mumbai reported a notice period of 3 Months, 15% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 20 responses on AmbitionBox in last 2 years.

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Reliance Nippon Life Insurance Associate Vice President salary in Mumbai ranges between ₹13.9 Lakhs to ₹32 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 17 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.