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Reliance Nippon Life Insurance

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3.6

based on 2.8k Reviews

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Reliance Nippon Life Insurance Branch Operation Executive salaries in Mumbai (Updated 2025)

Annual salary range
2 - 8 years exp.
₹2.1 Lakhs - ₹3.4 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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17% less than the average Branch Operation Executive Salary in Insurance Companies for 2 - 8 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Branch Operation Executive Salary
2 - 4 years exp. (4 salaries)
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₹2.1 L/yr - ₹3 L/yr

BFSI, Investments & Trading
Branch Operation Executive Salary
8 years exp. (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.4 L/yr

Last Updated: 9 Jan 2025

Companies similar to Reliance Nippon Life Insurance for Branch Operation Executive in Mumbai

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Reliance Nippon Life Insurance Branch Operation Executive Salary

2 - 8 years exp. (5 salaries)
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₹2.1 L/yr - ₹3.4 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Kotak Mahindara Life Insurance Branch Operation Executive Salary

0 - 5 years exp. (9 salaries)
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₹2 L/yr - ₹4.2 L/yr

arrow icon 58% more
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Aditya Birla Sun Life Insurance Branch Operation Executive Salary

3 - 8 years exp. (5 salaries)
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₹2 L/yr - ₹5 L/yr

arrow icon 33% more
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Bajaj Allianz Life Insurance Branch Operation Executive Salary

4 - 6 years exp. (3 salaries)
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₹2.5 L/yr - ₹3.9 L/yr

arrow icon 36% more
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Nippon Life India Asset Management Branch Operation Executive Salary

2 - 6 years exp. (11 salaries)
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₹1.9 L/yr - ₹3.1 L/yr

arrow icon 4% less
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Edelweiss Life Insurance Branch Operation Executive Salary

1 - 7 years exp. (10 salaries)
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₹2.7 L/yr - ₹3.5 L/yr

arrow icon 41% more
 1 job opening
Branch Operation Executive salary at Reliance Nippon Life Insurance ranges between ₹2.1 Lakhs to ₹3.4 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 5 latest salaries received from various employees of Reliance Nippon Life Insurance.

Latest annual salaries shared by Reliance Nippon Life Insurance Branch Operation Executive in Mumbai

3mo ago
₹2.8 Lakhs
2 years exp.
8mo ago
₹2.1 Lakhs
4 years exp.

Experience wise Reliance Nippon Life Insurance Branch Operation Executive salaries in Mumbai

Last Updated: 9 Jan 2025

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹2.1 L/yr - ₹2.7 L/yr
3 years (AmbitionBox Estimate)

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₹2.1 L/yr - ₹2.7 L/yr
4 years (AmbitionBox Estimate)

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₹2.1 L/yr - ₹2.7 L/yr
5 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹2.8 L/yr
6 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹2.8 L/yr
View all

Similar Designation salaries in Reliance Nippon Life Insurance

Executive Relationship Manager Salary
(9 salaries)
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₹3 L/yr - ₹4 L/yr
Assistant Branch Manager Salary
(9 salaries)
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₹5.5 L/yr - ₹7.5 L/yr
Senior Relationship Manager Salary
(7 salaries)
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₹2.6 L/yr - ₹3.6 L/yr
Relationship Manager Salary
(7 salaries)
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₹2 L/yr - ₹3.6 L/yr
Senior Branch Manager Salary
(4 salaries)
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₹9 L/yr - ₹12.75 L/yr
Senior Agency Development Manager Salary
(3 salaries)
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₹2.3 L/yr - ₹3 L/yr

Salary related reviews for Reliance Nippon Life Insurance

Branch Operation Executive in Muzaffarnagar

BFSI, Investments & Trading Department

4.0
  •  posted on 09 Sep 2017
4.0
 for  Salary and Benefits

Likes

I want to talk about my team mates .. team mates are so supportable and also my manager is so good

  • Salary - Good
    • +6 more

Dislikes

Only the compensation... Compensation is so bad in this company if I compare rating is not good and also performance linked incentive also not good in this company

read more

Agency Development Manager in Kolkata

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 07 Nov 2024
1.0
 for  Salary and Benefits

Likes

Too much ghatia i mean wrost experience ever..

Dislikes

...e to get policy on my name nd told if i didn't get the policy i cant get my job. Totally fraud company they did gave me any salary i work 2 month straight .

read more
  • Salary - Bad
    • +6 more

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

read more
  • Salary - Bad
    • +5 more

Key Relationship Manager in Jammu

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 29 Jul 2023
3.0
 for  Salary and Benefits

Likes

The work life balance here in reliance is excellent. No unnecessary pressure is put up on you. Proper training and induction is conducted when you join the company. The incentive structure is very nice compared toother organizations.

read more
  • Skill development - Good
    • +3 more

Dislikes

There is no appraisal criteria here. Only way to increase your salary is tthrough promotions and which sometime is difficult to achieve .

read more
  • Promotions - Poor

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.

read more

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.

read more
  • Promotions - Poor
see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions
1w (edited)
an inside sales executive
Unexpected job policies: stay or switch?
I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?
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Reliance Nippon Life Insurance Branch Operation Executive Salary FAQs

What is the salary of Branch Operation Executive at Reliance Nippon Life Insurance in Mumbai?
The average salary of a Branch Operation Executive at Reliance Nippon Life Insurance in Mumbai typically ranges from ₹2.1 Lakhs to ₹3.4 Lakhs per year, depending on experience (from 2 years to 8 years).

The top 10% of Branch Operation Executive in Mumbai at Reliance Nippon Life Insurance earn more than ₹3.4 Lakhs per year, and the top 1% earn over ₹3.4 Lakhs per year. Branch Operation Executive Salaries at Reliance Nippon Life Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 5 Reliance Nippon Life Insurance employees in India.
What is the estimated take home salary of a Branch Operation Executive at Reliance Nippon Life Insurance in Mumbai?
The estimated take-home salary of a Branch Operation Executive at Reliance Nippon Life Insurance in Mumbai typically ranges from ₹16,556 to ₹18,258 per month. This is based on the average salary range of ₹2.1 Lakhs to ₹3.4 Lakhs per year for employees with experience ranging from 2 years to 8 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of Reliance Nippon Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Reliance Nippon Life Insurance for Branch Operation Executive in India?
Kotak Mahindara Life Insurance ₹2.0 Lakhs to ₹4.2 Lakhs per year
Edelweiss Life Insurance ₹2.7 Lakhs to ₹3.5 Lakhs per year
Bajaj Allianz Life Insurance ₹2.5 Lakhs to ₹3.9 Lakhs per year
Aditya Birla Sun Life Insurance ₹2.0 Lakhs to ₹5.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Reliance Nippon Life Insurance, depending on the role and experience level.
What is the salary of a Branch Operation Executive in companies similar to Reliance Nippon Life Insurance in Mumbai?
The salary of a Branch Operation Executive at companies similar to Reliance Nippon Life Insurance in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Nippon Life India Asset Management ₹1.9 Lakhs to ₹3.1 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Branch Operation Executive at Reliance Nippon Life Insurance in Mumbai?
The salary growth for a Branch Operation Executive at Reliance Nippon Life Insurance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Branch Operation Executive in Mumbai can expect the following growth trajectory at Reliance Nippon Life Insurance:

Experience Average Salary Range
2 years ₹2.1 Lakhs to ₹2.7 Lakhs per year
3 years ₹2.1 Lakhs to ₹2.7 Lakhs per year
4 years ₹2.1 Lakhs to ₹2.7 Lakhs per year
5 years ₹2.2 Lakhs to ₹2.8 Lakhs per year
and so on.

Tell us how to improve this page.

Reliance Nippon Life Insurance Branch Operation Executive salary in Mumbai ranges between ₹2.1 Lakhs to ₹3.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.