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Reliance Nippon Life Insurance Chief Manager salaries in India (Updated 2025)

Annual salary range
7 - 23 years exp.
₹7 Lakhs - ₹25 Lakhs
Salary of majority employees
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36% less than the average Chief Manager Salary in Insurance Companies for 7 - 23 years of experience

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Salaries in different departments

Sales & Business Development
Chief Manager Salary
9 - 23 years exp. (28 salaries)
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₹8 L/yr - ₹20 L/yr

BFSI, Investments & Trading
Chief Manager Salary
10 - 23 years exp. (27 salaries)
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₹8.8 L/yr - ₹21 L/yr

Strategic & Top Management
Chief Manager Salary
7 - 13 years exp. (8 salaries)
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₹13 L/yr - ₹23 L/yr

Finance & Accounting
Chief Manager Salary
9 - 22 years exp. (7 salaries)
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₹10.4 L/yr - ₹24 L/yr

Human Resources
Chief Manager Salary
7 - 13 years exp. (7 salaries)
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₹10.5 L/yr - ₹22.5 L/yr

View all

Last Updated: 19 Mar 2025

Companies similar to Reliance Nippon Life Insurance for Chief Manager

Company name Avg Annual Salary Open Jobs
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₹10 L/yr - ₹22 L/yr

arrow icon 15% more
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₹5.2 L/yr - ₹18.5 L/yr

arrow icon 24% less
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HDFC Life Chief Manager Salary

5 - 20 years exp. (206 salaries)

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₹14 L/yr - ₹30 L/yr

arrow icon 58% more
2 job openings
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Axis Max Life Insurance Chief Manager Salary

8 - 20 years exp. (171 salaries)

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₹10.4 L/yr - ₹38.2 L/yr

arrow icon 57% more
4 job openings
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₹14.5 L/yr - ₹40 L/yr

arrow icon 96% more
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₹13.3 L/yr - ₹36.2 L/yr

arrow icon 56% more
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₹12.5 L/yr - ₹38 L/yr

arrow icon 81% more
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SBI General Insurance Chief Manager Salary

4 - 20 years exp. (60 salaries)

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₹11.5 L/yr - ₹21 L/yr

arrow icon 18% more
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PNB MetLife Chief Manager Salary

6 - 16 years exp. (56 salaries)

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₹14 L/yr - ₹30.6 L/yr

arrow icon 66% more
1 job opening
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₹12 L/yr - ₹32.5 L/yr

arrow icon 48% more
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₹5.4 L/yr - ₹23 L/yr

arrow icon 9% less
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₹8 L/yr - ₹25 L/yr

arrow icon 29% more
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MetLife Chief Manager Salary

3 - 22 years exp. (4 salaries)

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₹1 L/yr - ₹31.9 L/yr

arrow icon 12% more
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₹17 L/yr - ₹40 L/yr

arrow icon 112% more
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Gallagher Chief Manager Salary

7 - 13 years exp. (3 salaries)

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₹15 L/yr - ₹17.5 L/yr

arrow icon 17% more
Chief Manager salary at Reliance Nippon Life Insurance ranges between ₹7 Lakhs to ₹25 Lakhs per year for employees with experience between 7 years to 23 years. Salary estimates are based on 113 latest salaries received from various employees of Reliance Nippon Life Insurance.

Latest annual salaries shared by Reliance Nippon Life Insurance Chief Manager

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Experience wise Reliance Nippon Life Insurance Chief Manager salaries

Last Updated: 19 Mar 2025

Experience Avg Annual Salary
7 years  (3 salaries)

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₹13 L/yr - ₹19 L/yr
8 years (AmbitionBox Estimate)

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₹5.7 L/yr - ₹15 L/yr
9 years  (5 salaries)

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₹8 L/yr - ₹24 L/yr
10 years  (8 salaries)

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₹10 L/yr - ₹24 L/yr
11 years  (4 salaries)

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₹10.5 L/yr - ₹21.5 L/yr
View all

Similar Designation salaries in Reliance Nippon Life Insurance

Area Manager Salary
(82 salaries)
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₹9 L/yr - ₹21.4 L/yr
Sales Manager Salary
(243 salaries)
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₹1.5 L/yr - ₹5 L/yr
Credit Manager Salary
(AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.4 L/yr
Cluster Manager Salary
(40 salaries)
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₹5 L/yr - ₹16.03 L/yr
Branch Manager Salary
(190 salaries)
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₹3.75 L/yr - ₹10 L/yr
Deputy Manager Salary
(64 salaries)
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₹3.7 L/yr - ₹12.42 L/yr
Territory Manager Salary
(100 salaries)
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₹4 L/yr - ₹12 L/yr
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₹2.92 L/yr - ₹3.92 L/yr
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₹1.8 L/yr - ₹5 L/yr
Sales Officer Salary
(15 salaries)
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₹1.45 L/yr - ₹4.1 L/yr

Salary related reviews for Reliance Nippon Life Insurance

3.3

Rated by 12 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 23 Dec 2024

1.0
 for  Salary and Benefits

Dislikes

No specifications and job clarity for the role of ABM and salary deduction as per company's discrition which do not bring any corporate feelings to employees it seems they are working in a grocery shop not in corporate

read more
  • Salary - Bad
  • +5 more

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.

read more

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.

read more
  • Promotions - Poor

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

read more
  • Salary - Excellent
  • +5 more

Dislikes

The Branch Manager of Goalpara Branch is neither a good leader nor a good human being

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

read more
  • Salary - Poor
  • +3 more

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.

read more
  • Salary - Excellent
  • +5 more

Dislikes

There is not formal Traning only online tranings and Salary is very low and and its IPM branch.

read more
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Reliance Nippon Life Insurance Chief Manager Salary FAQs

What is the salary of Chief Manager at Reliance Nippon Life Insurance ?
The average salary of a Chief Manager at Reliance Nippon Life Insurance in India typically ranges from ₹7.0 Lakhs to ₹25.0 Lakhs per year, depending on experience (from 7 years to 23 years).

The top 10% of Chief Manager at Reliance Nippon Life Insurance earn more than ₹21.0 Lakhs per year, and the top 1% earn over ₹24.4 Lakhs per year. Chief 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 100+ Reliance Nippon Life Insurance employees in India.
What is the estimated take home salary of a Chief Manager at Reliance Nippon Life Insurance in India?
The estimated take-home salary of a Chief Manager at Reliance Nippon Life Insurance in India typically ranges from ₹99,248 to ₹1,01,945 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹25.0 Lakhs per year for employees with experience ranging from 7 years to 23 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 100+ 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 Chief Manager in India?
SBI Life Insurance Company ₹17.0 Lakhs to ₹40.0 Lakhs per year
ICICI Prudential Life Insurance ₹14.5 Lakhs to ₹40.0 Lakhs per year
Bajaj Allianz Life Insurance ₹12.5 Lakhs to ₹38.0 Lakhs per year
PNB MetLife ₹14.0 Lakhs to ₹30.6 Lakhs per year
HDFC Life ₹14.0 Lakhs to ₹30.0 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.
What is the salary of a Chief Manager in companies similar to Reliance Nippon Life Insurance in India?
The salary of a Chief Manager at companies similar to Reliance Nippon Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Axis Max Life Insurance ₹10.4 Lakhs to ₹38.2 Lakhs per year
Aditya Birla Health Insurance Co ₹13.3 Lakhs to ₹36.2 Lakhs per year
Aditya Birla Sun Life Insurance ₹12.0 Lakhs to ₹32.5 Lakhs per year
Life Insurance Corporation of India ₹8.0 Lakhs to ₹25.0 Lakhs per year
SBI General Insurance ₹11.5 Lakhs to ₹21.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Chief Manager at Reliance Nippon Life Insurance in India?
The salary growth for a Chief Manager at Reliance Nippon Life Insurance depends on factors such as experience, performance, and promotions. On average, a Chief Manager can expect the following growth trajectory at Reliance Nippon Life Insurance:

Experience Average Salary Range
7 years ₹13.0 Lakhs to ₹19.0 Lakhs per year
8 years ₹5.7 Lakhs to ₹15.0 Lakhs per year
9 years ₹8.0 Lakhs to ₹24.0 Lakhs per year
10 years ₹10.0 Lakhs to ₹24.0 Lakhs per year
and so on.

Tell us how to improve this page.

Reliance Nippon Life Insurance Chief Manager salary in India ranges between ₹7 Lakhs to ₹25 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 113 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.