Reliance Nippon Life Insurance Branch Manager 1 Salaries by 6 Employees (Updated 2024)

10 - 18 years exp.

₹6 Lakhs - ₹11 Lakhs

Low Confidence

Salary of majority employees

37% more than the average Branch Manager 1 Salary in Insurance Companies for 10 - 18 years of experience

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Salaries in different departments

Sales & Business Development Branch Manager 1 Salary 14 - 16 years exp. (4 salaries)	₹6 L/yr - ₹11 L/yr
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BFSI, Investments & Trading Branch Manager 1 Salary 10 - 18 years exp. (AmbitionBox Estimate)	₹7.4 L/yr - ₹8.4 L/yr

Last Updated: 5 Jul 2024

Companies similar to Reliance Nippon Life Insurance for Branch Manager 1

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindara Life Insurance Branch Manager 1 Salary 6 - 7 years exp. (3 salaries)	₹6.5 L/yr - ₹11.5 L/yr 8% more
Tata AIA Life Insurance Branch Manager 1 Salary 8 - 15 years exp. (4 salaries)	₹7.5 L/yr - ₹10 L/yr 9% more
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Care Health Insurance Branch Manager 1 Salary 4 - 15 years exp. (4 salaries)	₹4.5 L/yr - ₹6.5 L/yr 30% less
ICICI Lombard General Insurance Company Branch Manager 1 Salary 12 - 14 years exp. (3 salaries)	₹6 L/yr - ₹11 L/yr 19% more
ICICI Bank Branch Manager 1 Salary 7 - 15 years exp. (35 salaries)	₹5.1 L/yr - ₹11 L/yr 9% more

Branch Manager 1 salary at Reliance Nippon Life Insurance ranges between ₹6 Lakhs to ₹11 Lakhs per year for employees with experience between 10 years to 18 years. Salary estimates are based on 6 latest salaries received from various employees of Reliance Nippon Life Insurance.

Experience wise Reliance Nippon Life Insurance Branch Manager 1 salaries

Last Updated: 5 Jul 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹13.8 L/yr
11 years (AmbitionBox Estimate)	₹7 L/yr - ₹8.9 L/yr
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12 years (AmbitionBox Estimate)	₹7 L/yr - ₹9 L/yr
13 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9.1 L/yr
14 years (AmbitionBox Estimate)	₹6 L/yr - ₹14.3 L/yr
15+ years (4 salaries)	₹6 L/yr - ₹11 L/yr

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Salary related reviews for Reliance Nippon Life Insurance

5.0

Rated by 1 employees for salary & benefits

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.

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.

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 technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Reliance Nippon Life Insurance Branch Manager 1 Salary FAQs

What is the salary of Branch Manager 1 at Reliance Nippon Life Insurance?

Branch Manager 1 salary at Reliance Nippon Life Insurance in India ranges between ₹6.0 Lakhs to ₹11.0 Lakhs for experience between 10 years to 18 years. According to our estimates it is 37% more than the average Branch Manager 1 Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Reliance Nippon Life Insurance India.

How does the salary of a Branch Manager 1 at Reliance Nippon Life Insurance India compare with the average salary range for this job?

The average salary of a Branch Manager 1 at Reliance Nippon Life Insurance is 37% more than the average salary of a Branch Manager 1 in India. To know exact salary insights, login to view.

Which similar companies are paying more than Reliance Nippon Life Insurance to a Branch Manager 1 in India?

ICICI Lombard General Insurance Company Branch Manager 1 Salary - ₹6.0 Lakhs to ₹11.0 Lakhs per year
Tata AIA Life Insurance Branch Manager 1 Salary - ₹7.5 Lakhs to ₹10.0 Lakhs per year
ICICI Bank Branch Manager 1 Salary - ₹5.1 Lakhs to ₹11.0 Lakhs per year
Kotak Mahindara Life Insurance Branch Manager 1 Salary - ₹6.5 Lakhs to ₹11.5 Lakhs per year

What is the salary of a Branch Manager 1 in companies similar to Reliance Nippon Life Insurance in India?

Care Health Insurance Branch Manager 1 Salary - ₹4.5 Lakhs to ₹6.5 Lakhs per year

What is the estimated take home salary of a Branch Manager 1 at Reliance Nippon Life Insurance in India?

The estimated take-home salary of a Branch Manager 1 at Reliance Nippon Life Insurance ranges between ₹58,038 per month to ₹59,500 per month in India. The take-home salary calculation is based on the average Reliance Nippon Life Insurance Branch Manager 1 salary in India which ranges between ₹6.0 Lakhs to ₹11.0 Lakhs per year for employees with experience between 10 years to 18 years. Check how did we calculate take home salary?

What is the notice period for Branch Manager 1 at Reliance Nippon Life Insurance?

According to AmbitionBox, 40% of the Reliance Nippon Life Insurance Branch Manager 1s reported a notice period of 1 Month, 40% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 5 responses on AmbitionBox in last 2 years.

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Reliance Nippon Life Insurance Branch Manager 1 Salaries

Reliance Nippon Life Insurance Branch Manager 1 salary in India ranges between ₹6 Lakhs to ₹11 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.