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Reliance Nippon Life Insurance Associate Vice President salaries in Mumbai

Annual salary range
15 - 22 years exp.
₹13.9 Lakhs - ₹32 Lakhs
Salary of majority employees
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28% less than the average Associate Vice President Salary in Insurance Companies for 15 - 22 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Associate Vice President Salary
17 - 21 years exp. (3 salaries)
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₹18 L/yr - ₹22.1 L/yr

Strategic & Top Management
Associate Vice President Salary
15 - 16 years exp. (3 salaries)
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₹14 L/yr - ₹22.2 L/yr

Finance & Accounting
Associate Vice President Salary
17 - 18 years exp. (AmbitionBox Estimate)
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₹13.9 L/yr - ₹20.8 L/yr

IT & Information Security
Associate Vice President Salary
15 - 16 years exp. (AmbitionBox Estimate)
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₹22.4 L/yr - ₹25 L/yr

Sales & Business Development
Associate Vice President Salary
20 - 22 years exp. (AmbitionBox Estimate)
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₹21.8 L/yr - ₹24 L/yr

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Last Updated: 13 Nov 2024

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 - 22 years exp. (15 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 47% more
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HDFC Life Associate Vice President Salary

9 - 24 years exp. (61 salaries)

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₹20 L/yr - ₹50 L/yr

arrow icon 42% more
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₹12 L/yr - ₹30 L/yr

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₹12 L/yr - ₹44 L/yr

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₹22 L/yr - ₹44.6 L/yr

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₹14.5 L/yr - ₹22.4 L/yr

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₹19 L/yr - ₹67.8 L/yr

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₹24 L/yr - ₹47 L/yr

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₹15 L/yr - ₹33 L/yr

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₹25 L/yr - ₹42 L/yr

arrow icon 60% more
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₹13 L/yr - ₹29.5 L/yr

arrow icon 3% more
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₹20 L/yr - ₹33 L/yr

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₹11.8 L/yr - ₹21 L/yr

arrow icon 19% 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 22 years. Salary estimates are based on 15 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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Experience wise Reliance Nippon Life Insurance Associate Vice President salaries in Mumbai

Last Updated: 13 Nov 2024

Experience Avg Annual Salary
15+ years  (15 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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₹5.6 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.

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.

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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 .

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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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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.

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Dislikes

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

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Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 02 Mar 2024

2.0
 for  Salary and Benefits

Likes

...s that he will not get 100% contest. 3-4 will be missed because of ifs and buts. Salary deduction and demotions for sales force. It demotivating for many managers as well as branch head. HR support is very very pathatic, high deduction in f&f if you serve less notice period. Company always wants that vintage employee should left the company because they are highly paid

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Dislikes

Many dislikes which I mention in like section

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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 22 years. According to our estimates it is 28% less than the average Associate Vice President Salary in India. Salary estimates are based on 15 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 28% 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 Health Insurance Co Associate Vice President Salary - ₹25.0 Lakhs to ₹42.0 Lakhs per year
  • Aditya Birla Sun Life Insurance Associate Vice President Salary - ₹24.0 Lakhs to ₹47.0 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 - ₹20.0 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 ₹33.0 Lakhs per year
  • HDFC Ergo General Insurance Associate Vice President Salary - ₹13.0 Lakhs to ₹29.5 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 ₹1,42,336 per month to ₹1,47,635 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 22 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, 68% of the Reliance Nippon Life Insurance Associate Vice Presidents in Mumbai reported a notice period of 3 Months, 11% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 19 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

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 15 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.