Reliance Nippon Life Insurance Bancassurance Manager Salaries by Employees

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₹5 Lakhs - ₹6.3 Lakhs

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Avg. annual salary (AmbitionBox Estimate)

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Last Updated: 15 Nov 2024

Companies similar to Reliance Nippon Life Insurance for Bancassurance Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Life Bancassurance Manager Salary 0 - 12 years exp. (1.2k salaries)	₹3 L/yr - ₹7 L/yr At par	3 job openings
Tata AIA Life Insurance Bancassurance Manager Salary 3 - 10 years exp. (128 salaries)	₹3.5 L/yr - ₹8 L/yr At par
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Axis Max Life Insurance Bancassurance Manager Salary 2 - 10 years exp. (32 salaries)	₹2.7 L/yr - ₹7 L/yr 24% less
ICICI Prudential Life Insurance Bancassurance Manager Salary 0 - 10 years exp. (27 salaries)	₹2.7 L/yr - ₹6.5 L/yr 32% less
PNB MetLife Bancassurance Manager Salary 1 - 7 years exp. (15 salaries)	₹2.3 L/yr - ₹5 L/yr 33% less
Kotak Mahindara Life Insurance Bancassurance Manager Salary 2 - 8 years exp. (13 salaries)	₹3.8 L/yr - ₹5 L/yr 25% less	1 job opening
Bajaj Allianz Life Insurance Bancassurance Manager Salary 2 - 9 years exp. (10 salaries)	₹2.7 L/yr - ₹3.8 L/yr 37% less
Aditya Birla Sun Life Insurance Bancassurance Manager Salary 0 - 9 years exp. (9 salaries)	₹2.5 L/yr - ₹5 L/yr 27% less
SBI Life Insurance Company Bancassurance Manager Salary 3 - 9 years exp. (9 salaries)	₹3 L/yr - ₹5 L/yr 16% less
HDFC Ergo General Insurance Bancassurance Manager Salary 8 - 11 years exp. (8 salaries)	₹7.2 L/yr - ₹9.5 L/yr 30% more
ICICI Lombard General Insurance Company Bancassurance Manager Salary 2 - 11 years exp. (7 salaries)	₹4.2 L/yr - ₹6.3 L/yr 13% less
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Aditya Birla Health Insurance Co Bancassurance Manager Salary 0 - 7 years exp. (7 salaries)	₹3.3 L/yr - ₹4.5 L/yr 29% less
Bajaj Allianz General Insurance Bancassurance Manager Salary 0 - 8 years exp. (6 salaries)	₹3.2 L/yr - ₹5.3 L/yr 34% less
SBI General Insurance Bancassurance Manager Salary 6 - 11 years exp. (4 salaries)	₹4.1 L/yr - ₹7.3 L/yr 22% less
Star Health & Allied Insurance Bancassurance Manager Salary 0 - 6 years exp. (4 salaries)	₹3 L/yr - ₹3.5 L/yr 44% less

Bancassurance Manager salary at Reliance Nippon Life Insurance ranges between ₹5 Lakhs to ₹6.3 Lakhs per year for employees with 10 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Reliance Nippon Life Insurance.

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Salary related reviews for Reliance Nippon Life Insurance

Sales Manager in Goalpara

Full Time

Sales & Business Development Department

5.0

• posted on 02 Oct 2022

5.0

for Salary and Benefits

Likes

This a good platform to grow up.. Salary and incentives are pretty good...it was a great experience to work with this RNLIC organization

Salary - Excellent

+5 more

Dislikes

The Branch Manager of Goalpara Branch is neither a good leader nor a good human being

Business Development Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 30 Aug 2017

2.0

for Salary and Benefits

Likes

Teammates and Immediate supervisor was excellent

Skill development - Good

Dislikes

You have to only work and there is no such compensation rather the higher management was horrible and worst, they only know how to fill there pockets not the base levels

Salary - Poor

+3 more

Relationship Manager in New Delhi

BFSI, Investments & Trading Department

3.0

• posted on 01 Feb 2022

3.0

for Salary and Benefits

Likes

Here when I started with company I got to know company has no enough data to call customer for advising any policy we need to visit our family members house only for selling policies its better to be a agent as we needs to sell policy to our family or pay out is heigh there

Dislikes

No compensation for home visit like petrol expanse in 30k salary we need to visit customer home for meeting on own expense

Job security - Poor

+4 more

Assistant Sales Manager in Nashik

Banca channel Department

5.0

• posted on 04 May 2019

4.0

for Salary and Benefits

Likes

The staff was very good, specially the CLM (Umesh Jadhav). The CLM was vert supporting and was always available for me. The training was also effective as I learned new things and also came to know about the market. Policies was also good and the returns were also high to the customer. I just want to say the overall experience was superb.

Salary - Good

+6 more

Dislikes

There were salary issues. Still some of my PAID LEAVES are not paid in my last salary.

Sales Manager in Kolkata

Sales & Business Development Department

4.0

• posted on 18 Oct 2018

4.0

for Salary and Benefits

Likes

Reliance Nippon life insurance is one of the Prestigious Company In India with huge employees & advisor network, thousands of Branches all over the Nation. Well, one of I like about this company is their learning & skill development tools/aaps.

Salary - Good

+6 more

Dislikes

...tion level, HR level also not active so its create strong connectivity problem . Salary structure is very poor, payslip & offerletter's CTC are different. Branch Manager's expectations some times very challenging & hard for Sales team. Company's android Applications (apps) many of times not working properly, so it's hard to make productive. Depends on aforesaid circumstances these are my own & personal opinion/ believe.

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Reliance Nippon Life Insurance Bancassurance Manager Salary FAQs

How the salary growth look like for a Bancassurance Manager at Reliance Nippon Life Insurance in India?

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

Experience	Average Salary Range
10 years	₹5.0 Lakhs to ₹6.3 Lakhs per year

and so on.

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Reliance Nippon Life Insurance Bancassurance Manager Salaries

Reliance Nippon Life Insurance Bancassurance Manager salary in India ranges between ₹5 Lakhs to ₹6.3 Lakhs. This is an estimate based on latest salaries received from employees of Reliance Nippon Life Insurance.