Reliance Nippon Life Insurance Branch Development Manager Salaries by 3 Employees (Updated 2025)

3 - 12 years exp.

₹4 Lakhs - ₹5 Lakhs

Low Confidence

Salary of majority employees

7% less than the average Branch Development Manager Salary in Insurance Companies for 3 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Development Manager Salary 10 - 12 years exp. (AmbitionBox Estimate)	₹4.8 L/yr - ₹5 L/yr
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Sales & Business Development Branch Development Manager Salary 3 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.4 L/yr

Last Updated: 15 Mar 2023

Companies similar to Reliance Nippon Life Insurance for Branch Development Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Life Branch Development Manager Salary 3 - 7 years exp. (11 salaries)	₹2.4 L/yr - ₹4 L/yr 33% less
SBI Life Insurance Company Branch Development Manager Salary 4 - 9 years exp. (47 salaries)	₹2.8 L/yr - ₹5.8 L/yr 9% less
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Max Life Insurance Branch Development Manager Salary 4 - 8 years exp. (5 salaries)	₹5.2 L/yr - ₹7 L/yr 32% more
Bajaj Allianz Life Insurance Branch Development Manager Salary 1 - 16 years exp. (5 salaries)	₹4.5 L/yr - ₹6 L/yr 15% more
Aditya Birla Sun Life Insurance Branch Development Manager Salary 5 - 12 years exp. (5 salaries)	₹3.6 L/yr - ₹4.5 L/yr 16% less
SBI General Insurance Branch Development Manager Salary 3 - 8 years exp. (27 salaries)	₹2.5 L/yr - ₹4.5 L/yr 25% less
Care Health Insurance Branch Development Manager Salary 10 - 14 years exp. (8 salaries)	₹6.8 L/yr - ₹8.1 L/yr 51% more
Shriram Life Insurance Branch Development Manager Salary 5 - 6 years exp. (4 salaries)	₹2.1 L/yr - ₹3.3 L/yr 39% less
Aditya Birla Health Insurance Co Branch Development Manager Salary 3 - 6 years exp. (4 salaries)	₹3.9 L/yr - ₹4.5 L/yr 10% less

Branch Development Manager salary at Reliance Nippon Life Insurance ranges between ₹4 Lakhs to ₹5 Lakhs per year for employees with experience between 3 years to 12 years. Salary estimates are based on 3 latest salaries received from various employees of Reliance Nippon Life Insurance.

Experience wise Reliance Nippon Life Insurance Branch Development Manager salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
10 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
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12 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr

Similar Designation salaries in Reliance Nippon Life Insurance

Business Development Manager Salary

(55 salaries)

₹1.45 L/yr - ₹6 L/yr

Branch Manager Salary

(191 salaries)

₹3.75 L/yr - ₹10 L/yr

Senior Business Development Manager Salary

(4 salaries)

₹4.35 L/yr - ₹4.57 L/yr

Zonal Sales Manager Salary

(AmbitionBox Estimate)

₹19.6 L/yr - ₹25.1 L/yr

Area Sales Manager Salary

(18 salaries)

₹1.8 L/yr - ₹5 L/yr

Business Development Associate Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Senior Sales Manager Salary

(60 salaries)

₹2.25 L/yr - ₹5 L/yr

Marketing Manager Salary

(9 salaries)

₹1.5 L/yr - ₹3 L/yr

Area Business Manager Salary

(5 salaries)

₹2.4 L/yr - ₹6 L/yr

Deputy Manager Salary

(59 salaries)

₹3.7 L/yr - ₹12 L/yr

Salary related reviews for Reliance Nippon Life Insurance

4.0

Rated by 1 employees for salary & benefits

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

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

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

Branch Manager in Anantnag

Sales & Business Development Department

4.0

• posted on 23 Jun 2022

5.0

for Salary and Benefits

Likes

Good work culture and environment. Transparent management supportive team. Company policies are good, bonus every month.

Dislikes

There is not formal Traning only online tranings and Salary is very low and and its IPM branch.

Team Lead in Mirza

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.

Branch Manager in Varanasi

BFSI, Investments & Trading Department

5.0

• posted on 27 May 2022

5.0

for Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive and the management is transport

Dislikes

There is a lot of policies and the management doesn't adress our issue. Salary is decent but career growth is slow.

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a social media specialist

Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Reliance Nippon Life Insurance Branch Development Manager Salaries

Reliance Nippon Life Insurance Branch Development Manager salary in India ranges between ₹4 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.

Reliance Nippon Life Insurance Branch Development Manager salaries in India

Companies similar to Reliance Nippon Life Insurance for Branch Development Manager

Latest annual salaries shared by Reliance Nippon Life Insurance Branch Development Manager

Experience wise Reliance Nippon Life Insurance Branch Development Manager salaries

Similar Designation salaries in Reliance Nippon Life Insurance

Salary related reviews for Reliance Nippon Life Insurance

Sales Manager in Goalpara

Business Development Manager in Kolkata

Branch Manager in Anantnag

Team Lead in Mirza

Branch Manager in Varanasi

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