Reliance Nippon Life Insurance Mumbai Business Relationship Manager Salaries by 9 Employees

3 - 9 years exp.

₹3.6 Lakhs - ₹4.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

52% less than the average Business Relationship Manager Salary in Insurance Companies for 3 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Business Relationship Manager Salary 3 - 8 years exp. (6 salaries)	₹4 L/yr - ₹4.5 L/yr
Marketing & Communication Business Relationship Manager Salary 8 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹4.3 L/yr
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Sales & Business Development Business Relationship Manager Salary 9 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹4.5 L/yr

Last Updated: 27 Dec 2024

Companies similar to Reliance Nippon Life Insurance for Business Relationship Manager in Mumbai

Reliance Nippon Life Insurance Business Relationship Manager Salary

3 - 9 years exp. (9 salaries)

₹3.6 L/yr - ₹4.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindra Bank Business Relationship Manager Salary 0 - 7 years exp. (16 salaries)	₹3 L/yr - ₹7 L/yr 37% more
Centre For Monitoring Indian Economy Business Relationship Manager Salary 1 - 4 years exp. (8 salaries)	₹5 L/yr - ₹9.6 L/yr 52% more
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Sify Technologies Business Relationship Manager Salary 3 - 16 years exp. (5 salaries)	₹7 L/yr - ₹12.7 L/yr 200% more
TCS Business Relationship Manager Salary 11 - 20 years exp. (5 salaries)	₹19.5 L/yr - ₹44 L/yr 568% more
Aditya Birla Group Business Relationship Manager Salary 7 - 9 years exp. (4 salaries)	₹4.5 L/yr - ₹23.3 L/yr 241% more

Business Relationship Manager salary at Reliance Nippon Life Insurance ranges between ₹3.6 Lakhs to ₹4.5 Lakhs per year for employees with experience between 3 years to 9 years. Salary estimates are based on 9 latest salaries received from various employees of Reliance Nippon Life Insurance.

Experience wise Reliance Nippon Life Insurance Business Relationship Manager salaries in Mumbai

Last Updated: 27 Dec 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
4 years (3 salaries)	₹3.6 L/yr - ₹4.5 L/yr
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5 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
6 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.8 L/yr
7 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
8 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr
9 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr

View all

Similar Designation salaries in Reliance Nippon Life Insurance

Relationship Manager Salary

(7 salaries)

₹2 L/yr - ₹3.6 L/yr

Business Development Manager Salary

(4 salaries)

₹4 L/yr - ₹6 L/yr

Regional Manager Salary

(3 salaries)

₹19 L/yr - ₹22.3 L/yr

Salary related reviews for Reliance Nippon Life Insurance

2.1

Rated by 4 employees for salary & benefits

Business Relationship Manager in Prayagraj / Allahabad

Full Time

Sales & Business Development Department

3.0

• posted on 04 Jun 2023

4.0

for Salary and Benefits

Likes

The rahe away Salary is good.

Salary - Good

+2 more

Dislikes

Pathetic Infra & Admin work. No neat & clean offices. No Office Decorum. No RO & Coffee machine. AC not working properly & few out of service. Untidy & Dirty Meeting Room. Senior Employee chewing Paan & Masala openly in office premises.

Skill development - Poor

+1 more

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

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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Salary Discussions, Hike & Promotions

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 Relationship Manager Salary FAQs

What is the salary of Business Relationship Manager at Reliance Nippon Life Insurance in Mumbai?

The average salary of a Business Relationship Manager at Reliance Nippon Life Insurance in Mumbai typically ranges from ₹3.6 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 3 years to 9 years).

The top 10% of Business Relationship Manager in Mumbai at Reliance Nippon Life Insurance earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Business Relationship Manager 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 9 Reliance Nippon Life Insurance employees in India.

What is the estimated take home salary of a Business Relationship Manager at Reliance Nippon Life Insurance in Mumbai?

The estimated take-home salary of a Business Relationship Manager at Reliance Nippon Life Insurance in Mumbai typically ranges from ₹30,530 to ₹31,836 per month. This is based on the average salary range of ₹3.6 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from 3 years to 9 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 9 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 Business Relationship Manager in India?

TCS	₹19.5 Lakhs to ₹44.0 Lakhs per year
Aditya Birla Group	₹4.5 Lakhs to ₹23.3 Lakhs per year
Sify Technologies	₹7.0 Lakhs to ₹12.7 Lakhs per year
Centre For Monitoring Indian Economy	₹5.0 Lakhs to ₹9.6 Lakhs per year
Kotak Mahindra Bank	₹3.0 Lakhs to ₹7.0 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.

How the salary growth look like for a Business Relationship Manager at Reliance Nippon Life Insurance in Mumbai?

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

Experience	Average Salary Range
3 years	₹3.7 Lakhs to ₹4.7 Lakhs per year
4 years	₹3.6 Lakhs to ₹4.5 Lakhs per year
5 years	₹3.7 Lakhs to ₹4.7 Lakhs per year
6 years	₹3.7 Lakhs to ₹4.8 Lakhs per year

and so on.

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Reliance Nippon Life Insurance Business Relationship Manager Salaries in Mumbai

Reliance Nippon Life Insurance Business Relationship Manager salary in Mumbai ranges between ₹3.6 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.