Reliance Nippon Life Insurance AVP Salaries by 7 Employees (Updated 2025)

13 - 20 years exp.

₹20 Lakhs - ₹33 Lakhs

Low Confidence

Salary of majority employees

29% less than the average AVP Salary in Insurance Companies for 13 - 20 years of experience

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Salaries in different departments

BFSI, Investments & Trading AVP Salary 14 - 20 years exp. (3 salaries)	₹20 L/yr - ₹23.4 L/yr
Login to view exact salary
Sales & Business Development AVP Salary 18 years exp. (AmbitionBox Estimate)	₹21.3 L/yr - ₹21.7 L/yr

Last Updated: 1 Jan 2025

Companies similar to Reliance Nippon Life Insurance for AVP

Company name	Avg Annual Salary	Open Jobs
HDFC Ergo General Insurance AVP Salary 10 - 18 years exp. (27 salaries)	₹13.5 L/yr - ₹32 L/yr 6% less
ICICI Lombard General Insurance Company AVP Salary 11 - 18 years exp. (23 salaries)	₹16 L/yr - ₹39 L/yr 9% more
Login to view exact salary
HDFC Life AVP Salary 13 - 20 years exp. (23 salaries)	₹22 L/yr - ₹60.5 L/yr 57% more
Axis Max Life Insurance AVP Salary 12 - 21 years exp. (22 salaries)	₹14.4 L/yr - ₹40 L/yr 5% more
SBI Life Insurance Company AVP Salary 12 - 18 years exp. (21 salaries)	₹10 L/yr - ₹31 L/yr 8% less
Kotak Mahindara Life Insurance AVP Salary 7 - 22 years exp. (18 salaries)	₹6.6 L/yr - ₹22.5 L/yr 29% less
SBI General Insurance AVP Salary 17 - 25 years exp. (6 salaries)	₹20 L/yr - ₹31 L/yr 13% more
Aditya Birla Sun Life Insurance AVP Salary 7 - 14 years exp. (5 salaries)	₹29 L/yr - ₹40.5 L/yr 57% more
Bajaj Allianz General Insurance AVP Salary 18 - 22 years exp. (5 salaries)	₹30 L/yr - ₹40.5 L/yr 61% more
Marsh AVP Salary 8 - 15 years exp. (4 salaries)	₹19 L/yr - ₹36 L/yr 16% more
MetLife AVP Salary 12 - 20 years exp. (4 salaries)	₹66 L/yr - ₹95 L/yr 276% more
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Aditya Birla Health Insurance Co AVP Salary 10 - 15 years exp. (4 salaries)	₹31 L/yr - ₹36.5 L/yr 58% more
Bajaj Allianz Life Insurance AVP Salary 14 - 19 years exp. (4 salaries)	₹35 L/yr - ₹38.2 L/yr 76% more
Star Health & Allied Insurance AVP Salary 10 - 17 years exp. (4 salaries)	₹22 L/yr - ₹50 L/yr 96% more

AVP salary at Reliance Nippon Life Insurance ranges between ₹20 Lakhs to ₹33 Lakhs per year for employees with experience between 13 years to 20 years. Salary estimates are based on 7 latest salaries received from various employees of Reliance Nippon Life Insurance.

Experience wise Reliance Nippon Life Insurance AVP salaries

Last Updated: 1 Jan 2025

Experience	Avg Annual Salary
13 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹27 L/yr
14 years (AmbitionBox Estimate)	₹20 L/yr - ₹33 L/yr
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15+ years (4 salaries)	₹20.1 L/yr - ₹24 L/yr

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Salary related reviews for Reliance Nippon Life Insurance

Life Insurance Advisor in Indore

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

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.

Salary - Poor

+1 more

Business Relationship Manager in Prayagraj / Allahabad

Full Time

Sales & Business Development Department

3.0

• posted on 04 Jun 2023

4.0

for Salary and Benefits

Likes

The rahe away Salary is good.

Salary - Good

+2 more

Dislikes

Pathetic Infra & Admin work. No neat & clean offices. No Office Decorum. No RO & Coffee machine. AC not working properly & few out of service. Untidy & Dirty Meeting Room. Senior Employee chewing Paan & Masala openly in office premises.

Skill development - Poor

+1 more

Assistant Manager Operations in Siliguri

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 18 Aug 2023

3.0

for Salary and Benefits

Likes

Salary on time, this is the only matter to be liked.

Dislikes

1. Salary Deduction in Operation Department if your target not meet. 2. Office timing doesn't matter. There is Extension on regular basis. You have to work on Sunday also. 3. Too much conference calls.

Work satisfaction - Poor

+2 more

Life Planning Officer in Kolkata

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 30 Mar 2023

3.0

for Salary and Benefits

Likes

Good for married women

Dislikes

Office management and Branch manager doesnt know how to talk with women. Its seems like Manager give salary not company. Office timings are strick but after office hours manager keeps on zoom meeting or force to do jobs and meetings to fullfill manager criteria. After resignation and whole process of notice period Hr cannot provide relieving letter and aslo not answer emails.

Job security - Bad

+3 more

Senior Customer Service Executive in Bagaha

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 09 May 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

Great place to work

see more salary related reviews

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Reliance Nippon Life Insurance AVP Salary FAQs

What is the salary of AVP at Reliance Nippon Life Insurance ?

The average salary of a AVP at Reliance Nippon Life Insurance in India typically ranges from ₹20.0 Lakhs to ₹33.0 Lakhs per year, depending on experience (from 13 years to 20 years).

The top 10% of AVP at Reliance Nippon Life Insurance earn more than ₹31.8 Lakhs per year, and the top 1% earn over ₹33.0 Lakhs per year. AVP 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 7 Reliance Nippon Life Insurance employees in India.

What is the estimated take home salary of a AVP at Reliance Nippon Life Insurance in India?

The estimated take-home salary of a AVP at Reliance Nippon Life Insurance in India typically ranges from ₹1,40,528 to ₹1,45,746 per month. This is based on the average salary range of ₹20.0 Lakhs to ₹33.0 Lakhs per year for employees with experience ranging from 13 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 7 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 AVP in India?

MetLife	₹66.0 Lakhs to ₹95.0 Lakhs per year
Star Health & Allied Insurance	₹22.0 Lakhs to ₹50.0 Lakhs per year
Bajaj Allianz Life Insurance	₹35.0 Lakhs to ₹38.2 Lakhs per year
Bajaj Allianz General Insurance	₹30.0 Lakhs to ₹40.5 Lakhs per year
Aditya Birla Health Insurance Co	₹31.0 Lakhs to ₹36.5 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 AVP in companies similar to Reliance Nippon Life Insurance in India?

The salary of a AVP 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:

HDFC Life	₹22.0 Lakhs to ₹60.5 Lakhs per year
Aditya Birla Sun Life Insurance	₹29.0 Lakhs to ₹40.5 Lakhs per year
Marsh	₹19.0 Lakhs to ₹36.0 Lakhs per year
SBI General Insurance	₹20.0 Lakhs to ₹31.0 Lakhs per year
ICICI Lombard General Insurance Company	₹16.0 Lakhs to ₹39.0 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 AVP at Reliance Nippon Life Insurance in India?

The salary growth for a AVP at Reliance Nippon Life Insurance depends on factors such as experience, performance, and promotions. On average, a AVP can expect the following growth trajectory at Reliance Nippon Life Insurance:

Experience	Average Salary Range
13 years	₹8.6 Lakhs to ₹27.0 Lakhs per year
14 years	₹20.0 Lakhs to ₹33.0 Lakhs per year
15 years	₹20.1 Lakhs to ₹24.0 Lakhs per year

and so on.

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Reliance Nippon Life Insurance AVP Salaries

Reliance Nippon Life Insurance AVP salary in India ranges between ₹20 Lakhs to ₹33 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.