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Reliance Nippon Life Insurance Branch Manager salaries in Chennai

Annual salary range
8 - 16 years exp.
₹4.5 Lakhs - ₹10 Lakhs
Salary of majority employees
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21% less than the average Branch Manager Salary in Insurance Companies for 8 - 16 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Sales & Business Development
Branch Manager Salary
8 - 16 years exp. (6 salaries)
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₹6.1 L/yr - ₹10 L/yr

BFSI, Investments & Trading
Branch Manager Salary
12 - 16 years exp. (4 salaries)
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₹4.5 L/yr - ₹9 L/yr

Marketing & Communication
Branch Manager Salary
12 years exp. (AmbitionBox Estimate)
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₹7.3 L/yr - ₹8.5 L/yr

Last Updated: 4 Dec 2024

Companies similar to Reliance Nippon Life Insurance for Branch Manager in Chennai

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Reliance Nippon Life Insurance Branch Manager Salary

8 - 16 years exp. (13 salaries)

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₹4.5 L/yr - ₹10 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Life Branch Manager Salary

7 - 17 years exp. (28 salaries)

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₹6.4 L/yr - ₹11.6 L/yr

arrow icon 18% more
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₹7.2 L/yr - ₹12.1 L/yr

arrow icon 8% more
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₹5.5 L/yr - ₹9 L/yr

arrow icon 4% less
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₹4.5 L/yr - ₹12 L/yr

arrow icon 4% more
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₹7.5 L/yr - ₹10.5 L/yr

arrow icon 15% more
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₹5.8 L/yr - ₹11 L/yr

arrow icon 15% more
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Care Health Insurance Branch Manager Salary

12 - 16 years exp. (4 salaries)

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₹4.1 L/yr - ₹7 L/yr

arrow icon 28% less
1 job opening
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₹8 L/yr - ₹28 L/yr

arrow icon 128% more
Branch Manager salary at Reliance Nippon Life Insurance ranges between ₹4.5 Lakhs to ₹10 Lakhs per year for employees with experience between 8 years to 16 years. Salary estimates are based on 13 latest salaries received from various employees of Reliance Nippon Life Insurance.

Latest annual salaries shared by Reliance Nippon Life Insurance Branch Manager in Chennai

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16 years exp.
7mo ago
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12 years exp.
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13 years exp.
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15 years exp.
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14 years exp.
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15 years exp.
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8 years exp.
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13 years exp.
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16 years exp.
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14 years exp.

Experience wise Reliance Nippon Life Insurance Branch Manager salaries in Chennai

Last Updated: 4 Dec 2024

Experience Avg Annual Salary
8 years (AmbitionBox Estimate)

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₹6.1 L/yr - ₹12.8 L/yr
9 years (AmbitionBox Estimate)

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₹6.5 L/yr - ₹8.3 L/yr
10 years (AmbitionBox Estimate)

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₹6.6 L/yr - ₹8.4 L/yr
11 years (AmbitionBox Estimate)

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₹6.7 L/yr - ₹8.6 L/yr
12 years (AmbitionBox Estimate)

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₹7.3 L/yr - ₹9 L/yr
View all

Similar Designation salaries in Reliance Nippon Life Insurance

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₹7.95 L/yr - ₹11.5 L/yr

Top skills at Reliance Nippon Life Insurance for Branch Manager

Bfsi Sales Insurance Operations Sales

Salary related reviews for Reliance Nippon Life Insurance

3.0

Rated by 5 employees for salary & benefits

Sales & Business Development Department

5.0
  •  posted on 17 Feb 2020

5.0
 for  Salary and Benefits

Likes

Excellent

Dislikes

Compensation is decent, but growth is slow. The work pressure is very high. Sometimes, I have to work 14-18 hours straight in a day as I have to attend client calls in the evening and sometimes late into the night. Managers do not value an individuals’ unique strengths, which is why I have to take back my suggestions most of the times. I do receive appreciation emails from my client, but they mostly go unnoticed during my mid-year appraisals. Also, there is no on-job training for freshers, hence senior folks like me have to guide them step-by-step, which is a pain sometimes.

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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.

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Dislikes

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

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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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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

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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.

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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.

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Reliance Nippon Life Insurance Branch Manager Salary FAQs

What is the salary of Branch Manager at Reliance Nippon Life Insurance Chennai?
Branch Manager salary at Reliance Nippon Life Insurance in Chennai ranges between ₹4.5 Lakhs to ₹10.0 Lakhs for experience between 8 years to 16 years. According to our estimates it is 21% less than the average Branch Manager Salary in India. Salary estimates are based on 13 latest salaries received from various employees of Reliance Nippon Life Insurance Chennai.
How does the salary of a Branch Manager at Reliance Nippon Life Insurance Chennai compare with the average salary range for this job?
The average salary of a Branch Manager at Reliance Nippon Life Insurance is 21% less than the average salary of a Branch Manager in Chennai. To know exact salary insights, login to view.
What are the top skills required to work as a Branch Manager at Reliance Nippon Life Insurance?
Bfsi Sales, Insurance Operations and Sales are some of the popular skills required to work as a Branch Manager at Reliance Nippon Life Insurance Chennai.
Which similar companies are paying more than Reliance Nippon Life Insurance to a Branch Manager in Chennai?
  • Life Insurance Corporation of India Branch Manager Salary - ₹8.0 Lakhs to ₹28.0 Lakhs per year
  • HDFC Life Branch Manager Salary - ₹6.4 Lakhs to ₹11.6 Lakhs per year
  • Aditya Birla Health Insurance Co Branch Manager Salary - ₹7.5 Lakhs to ₹10.5 Lakhs per year
  • HDFC Ergo General Insurance Branch Manager Salary - ₹5.8 Lakhs to ₹11.0 Lakhs per year
  • Bajaj Allianz Life Insurance Branch Manager Salary - ₹7.2 Lakhs to ₹12.1 Lakhs per year
What is the salary of a Branch Manager in companies similar to Reliance Nippon Life Insurance in Chennai?
  • Star Health & Allied Insurance Branch Manager Salary - ₹4.5 Lakhs to ₹12.0 Lakhs per year
  • Kotak Mahindara Life Insurance Branch Manager Salary - ₹5.5 Lakhs to ₹9.0 Lakhs per year
  • Care Health Insurance Branch Manager Salary - ₹4.1 Lakhs to ₹7.0 Lakhs per year
What is the estimated take home salary of a Branch Manager at Reliance Nippon Life Insurance in Chennai?
The estimated take-home salary of a Branch Manager at Reliance Nippon Life Insurance ranges between ₹57,767 per month to ₹59,220 per month in Chennai. The take-home salary calculation is based on the average Reliance Nippon Life Insurance Branch Manager salary in India which ranges between ₹4.5 Lakhs to ₹10.0 Lakhs per year for employees with experience between 8 years to 16 years. Check how did we calculate take home salary?
What is the notice period for Branch Manager at Reliance Nippon Life Insurance in Chennai?
According to AmbitionBox, 50% of the Reliance Nippon Life Insurance Branch Managers in Chennai reported a notice period of 3 Months, 25% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 4 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Reliance Nippon Life Insurance Branch Manager salary in Chennai ranges between ₹4.5 Lakhs to ₹10 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 13 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.