Reliance Nippon Life Insurance Business Executive Salaries by 3 Employees (Updated 2024)

2 - 4 years exp.

₹1.8 Lakh - ₹2.3 Lakhs

Low Confidence

Salary of majority employees

45% less than the average Business Executive Salary in Insurance Companies for 2 - 4 years of experience

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Last Updated: 18 Oct 2024

Companies similar to Reliance Nippon Life Insurance for Business Executive

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Business Executive Salary 0 - 5 years exp. (7 salaries)	₹3.6 L/yr - ₹5 L/yr 110% more
HDFC Life Business Executive Salary 0 - 3 years exp. (5 salaries)	₹2.2 L/yr - ₹2.6 L/yr 16% more
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SBI Life Insurance Company Business Executive Salary 0 - 7 years exp. (5 salaries)	₹3 L/yr - ₹5 L/yr 83% more
Aditya Birla Sun Life Insurance Business Executive Salary 0 - 3 years exp. (4 salaries)	₹2.5 L/yr - ₹3 L/yr 36% more
Shriram Life Insurance Business Executive Salary 0 - 3 years exp. (5 salaries)	₹1.7 L/yr - ₹3 L/yr 8% more
SBI General Insurance Business Executive Salary 0 - 2 years exp. (3 salaries)	₹3 L/yr - ₹3.3 L/yr 58% more
HDFC Ergo General Insurance Business Executive Salary 4 - 7 years exp. (3 salaries)	₹3.2 L/yr - ₹4 L/yr 75% more

Business Executive salary at Reliance Nippon Life Insurance ranges between ₹1.8 Lakh to ₹2.3 Lakhs per year for employees with experience between 2 years to 4 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 Executive salaries

Last Updated: 18 Oct 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
3 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
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4 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr

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Salary related reviews for Reliance Nippon Life Insurance

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

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

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

Sales Executive in Lucknow

Life Insurance Department

5.0

• posted on 23 Apr 2022

5.0

for Salary and Benefits

Likes

It is won

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

Sales Manager in Kolkata

Sales & Business Development Department

4.0

• posted on 18 Oct 2018

4.0

for Salary and Benefits

Likes

Reliance Nippon life insurance is one of the Prestigious Company In India with huge employees & advisor network, thousands of Branches all over the Nation. Well, one of I like about this company is their learning & skill development tools/aaps.

Dislikes

...tion level, HR level also not active so its create strong connectivity problem . Salary structure is very poor, payslip & offerletter's CTC are different. Branch Manager's expectations some times very challenging & hard for Sales team. Company's android Applications (apps) many of times not working properly, so it's hard to make productive. Depends on aforesaid circumstances these are my own & personal opinion/ believe.

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.

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

see more salary related reviews

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a technical project manager

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Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Reliance Nippon Life Insurance Business Executive Salary FAQs

What is the notice period for Business Executive at Reliance Nippon Life Insurance?

According to AmbitionBox, 75% of the Reliance Nippon Life Insurance Business Executives reported a notice period of 15 days or less, 25% reported a notice period of 1 Month.This is based on 4 responses on AmbitionBox in last 2 years.

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Reliance Nippon Life Insurance Business Executive Salaries

Reliance Nippon Life Insurance Business Executive salary in India ranges between ₹1.8 Lakh to ₹2.3 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.