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Reliance Nippon Life Insurance

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3.7

based on 2.7k Reviews

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Chandigarh
BFSI, Investments & Trading

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Reliance Nippon Life Insurance BFSI, Investments & Trading Department Salaries in Chandigarh

based on 8 latest salaries
Designation Avg Annual Salary Open Jobs

Assistant Sales Manager

2 - 3 years exp. · Chandigarh (AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.3 L/yr

Senior Territory Manager

9 - 20 years exp. · Chandigarh (AmbitionBox Estimate)
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₹8.4 L/yr - ₹10.5 L/yr

Key Business Manager

8 years exp. · Chandigarh (AmbitionBox Estimate)
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₹6.2 L/yr - ₹6.8 L/yr

Executive Territory Manager

15 years exp. · Chandigarh (AmbitionBox Estimate)
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₹12 L/yr - ₹12.7 L/yr

Relationship Manager

8 years exp. · Chandigarh (AmbitionBox Estimate)
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₹3.2 L/yr - ₹3.6 L/yr

Regional Quality Manager

14 years exp. · Chandigarh (AmbitionBox Estimate)
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₹10.4 L/yr - ₹13.2 L/yr

Last Updated: 6 Aug, 2023

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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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Salary related reviews for Reliance Nippon Life Insurance

2.7

Rated by 3 employees for salary & benefits

Senior Territory Manager in Lucknow

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 08 Jan 2025
2.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

Worst leadership, one can never expect 100℅ in hand salary, they are on a deduction spree upto ARDM & Branch Manager Level. Lowest commission to agents, renewal commission to agents gets a 75℅ deductions. End number of con calls Immature leaders don't have the skills to lead. So many clauses which is directly affecting attrition to the highest level

read more
  • Salary - Poor
    • +6 more

Key Relationship Manager in Jammu

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 29 Jul 2023
3.0
 for  Salary and Benefits

Likes

The work life balance here in reliance is excellent. No unnecessary pressure is put up on you. Proper training and induction is conducted when you join the company. The incentive structure is very nice compared toother organizations.

read more
  • Skill development - Good
    • +3 more

Dislikes

There is no appraisal criteria here. Only way to increase your salary is tthrough promotions and which sometime is difficult to achieve .

read more
  • Promotions - Poor

Executive Territory Manager in Almora

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 02 Mar 2024
2.0
 for  Salary and Benefits

Likes

...s that he will not get 100% contest. 3-4 will be missed because of ifs and buts. Salary deduction and demotions for sales force. It demotivating for many managers as well as branch head. HR support is very very pathatic, high deduction in f&f if you serve less notice period. Company always wants that vintage employee should left the company because they are highly paid

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Dislikes

Many dislikes which I mention in like section

  • Salary - Poor
    • +5 more

Assistant Branch Manager in New Delhi

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 09 Jun 2023
3.0
 for  Salary and Benefits

Likes

I am working in Face to Face channel that concept is good & that channel work on women Empowerment when I hired that women & groom also that movement feel good when she earn self respect from society. Salary always give on time.

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Dislikes

Salary package less Promotion option Nil On Festival like Diwali even not give single rupee gift even . PLI stop from last year No support on Stationery & Housekeeping materials.

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  • Promotions - Poor

ABM in Dhule

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 18 Jan 2025
2.0
 for  Salary and Benefits

Likes

Face to Face channel is ok, Salary deduction, cost cutting, termination criteria for employees is poor, veriable pay concept is bad

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Dislikes

Same as above, Monopoly is in place in terms of job transfer commitments changes everytime.. Sinior level employee is under veriable pay, deduction from BASIC SALARY is mejor issue which is not in the industry

read more
  • Salary - Poor
    • +4 more
see more salary related reviews

Reliance Nippon Life Insurance interview questions by designations

Branch Manager (14)Sales Manager (7)Assistant Branch Manager (6)Agency Development Manager (6)
View all 111 interview experiences

Know more about Reliance Nippon Life Insurance Chandigarh

More about working at Reliance Nippon Life Insurance

Reliance Nippon Life Insurance Salary FAQs

How much does Reliance Nippon Life Insurance pay per year?
The average Reliance Nippon Life Insurance salary ranges from approximately ₹0.1 Lakh to ₹0.2 Lakh per year for a Warehouse Manager and ₹32 Lakhs to ₹43 Lakhs per year for a National Manager. Salary estimates are based on 8 Reliance Nippon Life Insurance salaries received from various employees of Reliance Nippon Life Insurance. Reliance Nippon Life Insurance employees rate the overall salary and benefits package 2.7/5 stars.
What is the highest salary in Reliance Nippon Life Insurance?
The highest-paying job at Reliance Nippon Life Insurance is a National Manager with a salary of ₹32 Lakhs to ₹43 Lakhs per year. The top 10% of employees earn more than ₹12.01 lakhs per year. The top 1% earn more than a whopping ₹32.86 lakhs per year.
What is the minimum salary in Reliance Nippon Life Insurance?
Minimum salary at Reliance Nippon Life Insurance depends on the role you are applying for. For Life Planning Officer the minimum salary is ₹1 Lakh to ₹4 Lakhs per year, and for Senior Relationship Manager the minimum salary is ₹1.9 Lakh to ₹4.5 Lakhs per year and so on.
What is the salary package for freshers in Reliance Nippon Life Insurance?
The average salary at Reliance Nippon Life Insurance for freshers varies from ₹0.9 Lakh to ₹2.5 Lakhs per year for Telecaller and ₹4.4 Lakhs to ₹15 Lakhs per year for Senior Manager.
What is the notice period at Reliance Nippon Life Insurance in BFSI, Investments & Trading Department in Chandigarh?
According to AmbitionBox, 40% of the Reliance Nippon Life Insurance employees in BFSI, Investments & Trading Department in Chandigarh reported a notice period of 15 days or less, 20% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 5 responses on AmbitionBox in last 2 years.

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Average annual salary in BFSI, Investments & Trading department at Reliance Nippon Life Insurance , Chandigarh is INRunlock blur . Salary estimates are based on 8 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.

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