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Reliance Nippon Life Insurance

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3.6

based on 2.7k Reviews

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Reliance Nippon Life Insurance Branch Development Manager salaries in India

Annual salary range
3 - 12 years exp.
₹4 Lakhs - ₹5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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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)
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₹4.8 L/yr - ₹5 L/yr

Sales & Business Development
Branch Development Manager Salary
3 years exp. (AmbitionBox Estimate)
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₹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
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HDFC Life Branch Development Manager Salary

3 - 7 years exp. (11 salaries)
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₹2.4 L/yr - ₹4 L/yr

arrow icon 31% less
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SBI Life Insurance Company Branch Development Manager Salary

4 - 9 years exp. (48 salaries)
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₹2.8 L/yr - ₹5.8 L/yr

arrow icon 10% less
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Axis Max Life Insurance Branch Development Manager Salary

4 - 8 years exp. (5 salaries)
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₹5.2 L/yr - ₹7 L/yr

arrow icon 32% more
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Bajaj Allianz Life Insurance Branch Development Manager Salary

1 - 16 years exp. (5 salaries)
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₹4.5 L/yr - ₹6 L/yr

arrow icon 14% more
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SBI General Insurance Branch Development Manager Salary

3 - 8 years exp. (27 salaries)
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₹2.5 L/yr - ₹4.5 L/yr

arrow icon 25% less
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Aditya Birla Health Insurance Co Branch Development Manager Salary

3 - 6 years exp. (5 salaries)
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₹3.9 L/yr - ₹4.5 L/yr

arrow icon 9% less
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Shriram Life Insurance Branch Development Manager Salary

5 - 6 years exp. (4 salaries)
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₹2.1 L/yr - ₹3.3 L/yr

arrow icon 39% less
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Bajaj Allianz General Insurance Branch Development Manager Salary

5 - 11 years exp. (4 salaries)
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₹5.2 L/yr - ₹6.5 L/yr

arrow icon 27% more

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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.

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

1y ago
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3 years exp.
1y ago
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12 years exp.

Experience wise Reliance Nippon Life Insurance Branch Development Manager salaries

Last Updated: 15 Mar 2023

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹4.6 L/yr
10 years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹5.8 L/yr
12 years (AmbitionBox Estimate)

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₹4.3 L/yr - ₹5.5 L/yr

Similar Designation salaries in Reliance Nippon Life Insurance

Business Development Manager Salary
(58 salaries)
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₹1.8 L/yr - ₹6 L/yr
Branch Manager Salary
(195 salaries)
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₹3.75 L/yr - ₹11.5 L/yr
Senior Business Development Manager Salary
(4 salaries)
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₹4.35 L/yr - ₹8.17 L/yr
Zonal Sales Manager Salary
(AmbitionBox Estimate)
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₹21.4 L/yr - ₹27.4 L/yr
Area Sales Manager Salary
(18 salaries)
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₹1.8 L/yr - ₹5 L/yr
Business Development Associate Salary
(AmbitionBox Estimate)
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₹2 L/yr - ₹2.5 L/yr
Senior Sales Manager Salary
(58 salaries)
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₹2.25 L/yr - ₹5 L/yr
Marketing Manager Salary
(9 salaries)
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₹1.5 L/yr - ₹3 L/yr
Area Business Manager Salary
(5 salaries)
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₹2.4 L/yr - ₹6 L/yr
Deputy Manager Salary
(64 salaries)
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₹3.7 L/yr - ₹12.42 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

read more
  • 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

read more
  • Salary - Poor
    • +3 more

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.

read more
  • Salary - Excellent
    • +5 more

Dislikes

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

read more

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.

  • 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

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

  • Salary - Excellent
    • +6 more

Dislikes

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

read more
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1w (edited)
an associate vice president
Offer Accepted
I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.
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Reliance Nippon Life Insurance Branch Development Manager salary in India ranges between ₹4 Lakhs to ₹5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.