Reliance Nippon Life Insurance Kolkata Business Development Manager Salaries by 3 Employees (Updated 2025)

5 - 12 years exp.

₹3 Lakhs - ₹5 Lakhs

Low Confidence

Salary of majority employees

41% less than the average Business Development Manager Salary in Insurance Companies for 5 - 12 years of experience

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Last Updated: 20 Oct 2024

Companies similar to Reliance Nippon Life Insurance for Business Development Manager in Kolkata

Reliance Nippon Life Insurance Business Development Manager Salary

5 - 12 years exp. (3 salaries)

₹3 L/yr - ₹5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Business Development Manager Salary 0 - 10 years exp. (145 salaries)	₹1.5 L/yr - ₹4.8 L/yr 11% less	14 job openings
SBI Life Insurance Company Business Development Manager Salary 0 - 14 years exp. (70 salaries)	₹1.9 L/yr - ₹6.4 L/yr 17% more
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Max Life Insurance Business Development Manager Salary 5 - 8 years exp. (6 salaries)	₹3.5 L/yr - ₹6.7 L/yr 22% more	3 job openings
Bajaj Allianz Life Insurance Business Development Manager Salary 0 - 15 years exp. (24 salaries)	₹3 L/yr - ₹5.5 L/yr 4% more	2 job openings
SBI General Insurance Business Development Manager Salary 0 - 9 years exp. (46 salaries)	₹1.6 L/yr - ₹5 L/yr 10% less	9 job openings
Kotak Mahindara Life Insurance Business Development Manager Salary 4 - 12 years exp. (7 salaries)	₹3 L/yr - ₹7 L/yr 41% more	2 job openings
Tata AIA Life Insurance Business Development Manager Salary 1 - 10 years exp. (5 salaries)	₹2.5 L/yr - ₹6.1 L/yr 13% less
Aditya Birla Sun Life Insurance Business Development Manager Salary 0 - 12 years exp. (5 salaries)	₹3.7 L/yr - ₹5 L/yr 2% more
HDFC Ergo General Insurance Business Development Manager Salary 2 - 9 years exp. (5 salaries)	₹4.2 L/yr - ₹5.4 L/yr 7% more
Shriram Life Insurance Business Development Manager Salary 5 - 11 years exp. (3 salaries)	₹2.4 L/yr - ₹3.3 L/yr 27% less
Bajaj Allianz General Insurance Business Development Manager Salary 9 - 11 years exp. (3 salaries)	₹3.6 L/yr - ₹5.4 L/yr 21% more	12 job openings
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Aditya Birla Health Insurance Co Business Development Manager Salary 1 - 8 years exp. (3 salaries)	₹4.5 L/yr - ₹5 L/yr 11% more

Business Development Manager salary at Reliance Nippon Life Insurance ranges between ₹3 Lakhs to ₹5 Lakhs per year for employees with experience between 5 years to 12 years. Salary estimates are based on 3 latest salaries received from various employees of Reliance Nippon Life Insurance.

Experience wise Reliance Nippon Life Insurance Business Development Manager salaries in Kolkata

Last Updated: 20 Oct 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹5 L/yr
6 years (AmbitionBox Estimate)	₹3 L/yr - ₹6.9 L/yr
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7 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
8 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.8 L/yr
9 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr
10 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
11 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
12 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹8.5 L/yr

View all

Similar Designation salaries in Reliance Nippon Life Insurance

Senior Sales Manager Salary

(3 salaries)

₹2.6 L/yr - ₹4 L/yr

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

2.0

Rated by 1 employees for salary & benefits

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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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Reliance Nippon Life Insurance Business Development Manager Salary FAQs

What is the notice period for Business Development Manager at Reliance Nippon Life Insurance in Kolkata?

According to AmbitionBox, 100% of the Reliance Nippon Life Insurance Business Development Managers in Kolkata reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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Reliance Nippon Life Insurance Business Development Manager Salaries in Kolkata

Reliance Nippon Life Insurance Business Development Manager salary in Kolkata ranges between ₹3 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.

Reliance Nippon Life Insurance Business Development Manager salaries in Kolkata

Companies similar to Reliance Nippon Life Insurance for Business Development Manager in Kolkata

Latest annual salaries shared by Reliance Nippon Life Insurance Business Development Manager in Kolkata

Experience wise Reliance Nippon Life Insurance Business Development Manager salaries in Kolkata

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

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