Reliance Nippon Life Insurance Business Development Associate Salaries by Employees

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₹2 Lakhs - ₹2.5 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

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Last Updated: 17 Sep 2020

Companies similar to Reliance Nippon Life Insurance for Business Development Associate

Company name	Avg Annual Salary	Open Jobs
SBI General Insurance Business Development Associate Salary 0 - 6 years exp. (47 salaries)	₹1.9 L/yr - ₹3.5 L/yr 21% more
Axis Max Life Insurance Business Development Associate Salary 4 - 7 years exp. (6 salaries)	₹3.5 L/yr - ₹4.9 L/yr 94% more
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ICICI Lombard General Insurance Company Business Development Associate Salary 0 - 3 years exp. (6 salaries)	₹2.5 L/yr - ₹4.7 L/yr 71% more
ICICI Prudential Life Insurance Business Development Associate Salary 0 - 2 years exp. (5 salaries)	₹3 L/yr - ₹4.7 L/yr 76% more
HDFC Life Business Development Associate Salary 0 - 6 years exp. (5 salaries)	₹2.3 L/yr - ₹8 L/yr 112% more
Tata AIA Life Insurance Business Development Associate Salary 0 - 11 years exp. (4 salaries)	₹2.5 L/yr - ₹5 L/yr 70% more
Bajaj Allianz Life Insurance Business Development Associate Salary Fresher (4 salaries)	₹1 L/yr - ₹4 L/yr 30% more
SBI Life Insurance Company Business Development Associate Salary 0 - 6 years exp. (4 salaries)	₹2.3 L/yr - ₹4.5 L/yr 57% more
Kotak Mahindara Life Insurance Business Development Associate Salary 1 - 11 years exp. (4 salaries)	₹4 L/yr - ₹11 L/yr 159% more
Life Insurance Corporation of India Business Development Associate Salary 2 - 15 years exp. (3 salaries)	₹3 L/yr - ₹12 L/yr 268% more
Star Health & Allied Insurance Business Development Associate Salary 0 - 1 year exp. (3 salaries)	₹2.1 L/yr - ₹3 L/yr 10% more
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Business Development Associate salary at Reliance Nippon Life Insurance ranges between ₹2 Lakhs to ₹2.5 Lakhs per year for employees with 2 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Reliance Nippon Life Insurance.

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Salary related reviews for Reliance Nippon Life Insurance

2.0

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

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

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.

Salary - Poor

+3 more

Relationship Manager in New Delhi

BFSI, Investments & Trading Department

3.0

• posted on 01 Feb 2022

3.0

for Salary and Benefits

Likes

Here when I started with company I got to know company has no enough data to call customer for advising any policy we need to visit our family members house only for selling policies its better to be a agent as we needs to sell policy to our family or pay out is heigh there

Dislikes

No compensation for home visit like petrol expanse in 30k salary we need to visit customer home for meeting on own expense

Job security - Poor

+4 more

Sales Executive in Lucknow

Life Insurance Department

5.0

• posted on 23 Apr 2022

5.0

for Salary and Benefits

Likes

It is won

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joiners

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Reliance Nippon Life Insurance Business Development Associate Salary FAQs

How the salary growth look like for a Business Development Associate at Reliance Nippon Life Insurance in India?

The salary growth for a Business Development Associate at Reliance Nippon Life Insurance depends on factors such as experience, performance, and promotions. On average, a Business Development Associate can expect the following growth trajectory at Reliance Nippon Life Insurance:

Experience	Average Salary Range
2 years	₹2.0 Lakhs to ₹2.5 Lakhs per year

and so on.

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Reliance Nippon Life Insurance Business Development Associate Salaries

Reliance Nippon Life Insurance Business Development Associate salary in India ranges between ₹2 Lakhs to ₹2.5 Lakhs. This is an estimate based on latest salaries received from employees of Reliance Nippon Life Insurance.

Reliance Nippon Life Insurance Business Development Associate salaries in India

Companies similar to Reliance Nippon Life Insurance for Business Development Associate

Similar Designation salaries in Reliance Nippon Life Insurance

Salary related reviews for Reliance Nippon Life Insurance

Sales Manager in Goalpara

Business Development Manager in Kolkata

Team Lead in Mirza

Relationship Manager in New Delhi

Sales Executive in Lucknow

Reliance Nippon Life Insurance Business Development Associate Salary FAQs

Tell us how to improve this page.