Reliance Nippon Life Insurance Mumbai Branch Head Salaries by 3 Employees (Updated 2025)

8 - 12 years exp.

₹8.5 Lakhs - ₹10 Lakhs

Low Confidence

Salary of majority employees

32% less than the average Branch Head Salary in Insurance Companies for 8 - 12 years of experience

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Salaries in different departments

Sales & Business Development Branch Head Salary 8 - 9 years exp. (AmbitionBox Estimate)	₹9 L/yr - ₹10.6 L/yr
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BFSI, Investments & Trading Branch Head Salary 12 years exp. (AmbitionBox Estimate)	₹8.5 L/yr - ₹8.9 L/yr

Last Updated: 27 Jan 2025

Companies similar to Reliance Nippon Life Insurance for Branch Head in Mumbai

Reliance Nippon Life Insurance Branch Head Salary

8 - 12 years exp. (3 salaries)

₹8.5 L/yr - ₹10 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Branch Head Salary 9 - 18 years exp. (7 salaries)	₹11.6 L/yr - ₹15.5 L/yr 38% more
HDFC Life Branch Head Salary 6 - 14 years exp. (13 salaries)	₹8 L/yr - ₹10 L/yr 3% more	1 job opening
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Aditya Birla Sun Life Insurance Branch Head Salary 12 - 18 years exp. (8 salaries)	₹13 L/yr - ₹16.5 L/yr 52% more
HDFC Ergo General Insurance Branch Head Salary 10 - 16 years exp. (4 salaries)	₹8.6 L/yr - ₹11.8 L/yr 23% more
Axis Bank Branch Head Salary 10 - 23 years exp. (66 salaries)	₹9.7 L/yr - ₹26 L/yr 89% more	4 job openings

Branch Head salary at Reliance Nippon Life Insurance ranges between ₹8.5 Lakhs to ₹10 Lakhs per year for employees with experience between 8 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 Head salaries in Mumbai

Last Updated: 27 Jan 2025

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹9 L/yr
9 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹10 L/yr
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10 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.9 L/yr
11 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.9 L/yr
12 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹15.5 L/yr

Similar Designation salaries in Reliance Nippon Life Insurance

Deputy Manager Salary

(53 salaries)

₹3.7 L/yr - ₹14.37 L/yr

Sales Manager Salary

(21 salaries)

₹1.5 L/yr - ₹6 L/yr

Area Manager Salary

(5 salaries)

₹13 L/yr - ₹18.09 L/yr

Sales Officer Salary

(3 salaries)

₹1.8 L/yr - ₹2.5 L/yr

Salary related reviews for Reliance Nippon Life Insurance

5.0

Rated by 1 employees for salary & benefits

Assistant Branch Manager in Kolkata

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

Salary - Bad

+5 more

Assistant Branch Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 09 Jun 2023

3.0

for Salary and Benefits

Likes

I am working in Face to Face channel that concept is good & that channel work on women Empowerment when I hired that women & groom also that movement feel good when she earn self respect from society. Salary always give on time.

Dislikes

Salary package less Promotion option Nil On Festival like Diwali even not give single rupee gift even . PLI stop from last year No support on Stationery & Housekeeping materials.

Promotions - Poor

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

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.

Salary - Excellent

+5 more

Dislikes

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

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Salary Negotiation in an interview

Hi, I have had a first round of interview with the company. And mentioned my salary expectations as 15- 20% from my previous LPA. But after that I feel like I have undervalued my expectations. Being in the field for 9 years with the required skill, considering the market and the prospect company is a well known builder, i should have asked more. Anyway a face to face interview is scheduled next week. How to ask them a higher salary from what I have mentioned earlier. And how much I can ask more. Please help. Thanks in advance.

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Reliance Nippon Life Insurance Branch Head Salary FAQs

What is the notice period for Branch Head at Reliance Nippon Life Insurance in Mumbai?

According to AmbitionBox, 50% of the Reliance Nippon Life Insurance Branch Heads in Mumbai reported a notice period of 1 Month, 50% reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Reliance Nippon Life Insurance Branch Head Salaries in Mumbai

Reliance Nippon Life Insurance Branch Head salary in Mumbai ranges between ₹8.5 Lakhs to ₹10 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.