Reliance Nippon Life Insurance Hyderabad / Secunderabad Business Development Manager Salaries by 2 Employees

1 - 2 years exp.

₹3.8 Lakhs - ₹4.9 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

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Last Updated: 13 Mar 2023

Companies similar to Reliance Nippon Life Insurance for Business Development Manager in Hyderabad / Secunderabad

Reliance Nippon Life Insurance Business Development Manager Salary

1 - 2 years exp. (AmbitionBox Estimate)

₹3.8 L/yr - ₹4.9 L/yr

Company name	Avg Annual Salary	Open Jobs
SBI Life Insurance Company Business Development Manager Salary 0 - 13 years exp. (104 salaries)	₹2.2 L/yr - ₹6.5 L/yr 13% more
SBI General Insurance Business Development Manager Salary 0 - 10 years exp. (28 salaries)	₹2.1 L/yr - ₹5 L/yr 12% less	13 job openings
Login to view exact salary
Bajaj Allianz Life Insurance Business Development Manager Salary 2 - 11 years exp. (13 salaries)	₹3.5 L/yr - ₹6 L/yr 5% more	2 job openings
Axis Max Life Insurance Business Development Manager Salary 2 - 9 years exp. (11 salaries)	₹3.9 L/yr - ₹6.1 L/yr 20% more	3 job openings
Kotak Mahindara Life Insurance Business Development Manager Salary 2 - 7 years exp. (5 salaries)	₹4.8 L/yr - ₹8 L/yr 45% more
Aditya Birla Sun Life Insurance Business Development Manager Salary 1 - 7 years exp. (4 salaries)	₹4 L/yr - ₹5 L/yr 2% less
Aditya Birla Health Insurance Co Business Development Manager Salary 5 - 6 years exp. (3 salaries)	₹4.7 L/yr - ₹5.5 L/yr 15% more

Business Development Manager salary at Reliance Nippon Life Insurance ranges between ₹3.8 Lakhs to ₹4.9 Lakhs per year for employees with experience between 1 year to 2 years. Salary estimates are based on 2 latest salaries received from various employees of Reliance Nippon Life Insurance.

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Top skills at Reliance Nippon Life Insurance for Business Development Manager

Sales Life Insurance Recruitment Banking Marketing Team Handling Insurance Business Development Financial Services Team Leading Agency Sales

Salary related reviews for Reliance Nippon Life Insurance

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

Business Development Manager

Other Department

4.0

• posted on 18 Apr 2018

2.0

for Salary and Benefits

Likes

Iam working in Direct marketing channels (loyalty channel ) Iam proving in a one year got a 3 promotions and get the dubai trips etc.. Iam happy with working in Reliance.

Skill development - Good

+2 more

Dislikes

When I joined in Reliance life the manager told me when your package high in year you get the 50%of ctc incentive after financial year. I was Aggressively working in a year got the 3 promotions S. R. M to B. R. M(2.20Lac to 4.00lac)packages. But my incentive is zero. That's why I disappointment and resigned my job

Salary - 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

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.

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

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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 Business Development Manager Salary FAQs

How the salary growth look like for a Business Development Manager at Reliance Nippon Life Insurance in Hyderabad / Secunderabad?

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

Experience	Average Salary Range
1 year	₹3.0 Lakhs to ₹3.8 Lakhs per year
2 years	₹3.1 Lakhs to ₹4.0 Lakhs per year

and so on.

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Reliance Nippon Life Insurance Business Development Manager Salaries in Hyderabad / Secunderabad

Reliance Nippon Life Insurance Business Development Manager salary in Hyderabad / Secunderabad ranges between ₹3.8 Lakhs to ₹4.9 Lakhs. This is an estimate based on latest salaries received from employees of Reliance Nippon Life Insurance.

Reliance Nippon Life Insurance Business Development Manager salaries in Hyderabad / Secunderabad

Companies similar to Reliance Nippon Life Insurance for Business Development Manager in Hyderabad / Secunderabad

Similar Designation salaries in Reliance Nippon Life Insurance

Top skills at Reliance Nippon Life Insurance for Business Development Manager

Salary related reviews for Reliance Nippon Life Insurance

Business Development Manager in Kolkata

Business Development Manager

Sales Manager in Goalpara

Branch Manager in Anantnag

Team Lead in Mirza

Reliance Nippon Life Insurance Business Development Manager Salary FAQs

Tell us how to improve this page.