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Reliance Nippon Life Insurance Chief Manager salaries in Hyderabad / Secunderabad

Annual salary range
10 - 20 years exp.
₹7 Lakhs - ₹13.5 Lakhs
Salary of majority employees
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38% less than the average Chief Manager Salary in Insurance Companies for 10 - 20 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Chief Manager Salary
10 - 18 years exp. (AmbitionBox Estimate)
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₹11.4 L/yr - ₹13.5 L/yr

Sales & Business Development
Chief Manager Salary
18 - 20 years exp. (AmbitionBox Estimate)
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₹9 L/yr - ₹12.8 L/yr

Last Updated: 15 Sep 2024

Companies similar to Reliance Nippon Life Insurance for Chief Manager in Hyderabad / Secunderabad

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Reliance Nippon Life Insurance Chief Manager Salary

10 - 20 years exp. (5 salaries)

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₹7 L/yr - ₹13.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹10.7 L/yr - ₹21 L/yr

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₹4.9 L/yr - ₹16.5 L/yr

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SBI General Insurance Chief Manager Salary

9 - 20 years exp. (5 salaries)

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₹12.1 L/yr - ₹19.9 L/yr

arrow icon 28% more
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ICICI Bank Chief Manager Salary

5 - 23 years exp. (266 salaries)

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₹11.8 L/yr - ₹38.5 L/yr

arrow icon 91% more
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IndusInd Bank Chief Manager Salary

3 - 19 years exp. (96 salaries)

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₹6 L/yr - ₹17.9 L/yr

arrow icon 17% less
1 job opening
Chief Manager salary at Reliance Nippon Life Insurance ranges between ₹7 Lakhs to ₹13.5 Lakhs per year for employees with experience between 10 years to 20 years. Salary estimates are based on 5 latest salaries received from various employees of Reliance Nippon Life Insurance.

Latest annual salaries shared by Reliance Nippon Life Insurance Chief Manager in Hyderabad / Secunderabad

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20 years exp.
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18 years exp.
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16 years exp.
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18 years exp.

Experience wise Reliance Nippon Life Insurance Chief Manager salaries in Hyderabad / Secunderabad

Last Updated: 15 Sep 2024

Experience Avg Annual Salary
10 years (AmbitionBox Estimate)

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₹11.6 L/yr - ₹14.8 L/yr
11 years (AmbitionBox Estimate)

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₹11.6 L/yr - ₹14.8 L/yr
12 years (AmbitionBox Estimate)

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₹11.7 L/yr - ₹14.9 L/yr
13 years (AmbitionBox Estimate)

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₹11.7 L/yr - ₹14.9 L/yr
14 years (AmbitionBox Estimate)

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₹11.7 L/yr - ₹15 L/yr
View all

Similar Designation salaries in Reliance Nippon Life Insurance

Branch Manager Salary
(21 salaries)
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₹4.5 L/yr - ₹9.95 L/yr
Sales Manager Salary
(20 salaries)
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₹1.5 L/yr - ₹4.5 L/yr
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₹4.9 L/yr - ₹12 L/yr
Sales Officer Salary
(5 salaries)
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₹1.45 L/yr - ₹2.4 L/yr

Salary related reviews for Reliance Nippon Life Insurance

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 in Hyderabad / Secunderabad?
The average salary of a Chief Manager at Reliance Nippon Life Insurance in Hyderabad / Secunderabad typically ranges from ₹7.0 Lakhs to ₹13.5 Lakhs per year, depending on experience (from 10 years to 20 years).

The top 10% of Chief Manager in Hyderabad / Secunderabad at Reliance Nippon Life Insurance earn more than ₹13.5 Lakhs per year, and the top 1% earn over ₹13.5 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 5 Reliance Nippon Life Insurance employees in India.
What is the estimated take home salary of a Chief Manager at Reliance Nippon Life Insurance in Hyderabad / Secunderabad?
The estimated take-home salary of a Chief Manager at Reliance Nippon Life Insurance in Hyderabad / Secunderabad typically ranges from ₹92,084 to ₹94,549 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹13.5 Lakhs per year for employees with experience ranging from 10 years to 20 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 5 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?
ICICI Bank ₹11.8 Lakhs to ₹38.5 Lakhs per year
SBI General Insurance ₹12.1 Lakhs to ₹19.9 Lakhs per year
ICICI Lombard General Insurance Company ₹10.7 Lakhs to ₹21.0 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 Hyderabad / Secunderabad?
The salary of a Chief Manager at companies similar to Reliance Nippon Life Insurance in Hyderabad / Secunderabad varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Kotak Mahindara Life Insurance ₹4.9 Lakhs to ₹16.5 Lakhs per year
IndusInd Bank ₹6.0 Lakhs to ₹17.9 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 Hyderabad / Secunderabad?
The salary growth for a Chief Manager at Reliance Nippon Life Insurance in Hyderabad / Secunderabad depends on factors such as experience, performance, and promotions. On average, a Chief Manager in Hyderabad / Secunderabad can expect the following growth trajectory at Reliance Nippon Life Insurance:

Experience Average Salary Range
10 years ₹11.6 Lakhs to ₹14.8 Lakhs per year
11 years ₹11.6 Lakhs to ₹14.8 Lakhs per year
12 years ₹11.7 Lakhs to ₹14.9 Lakhs per year
13 years ₹11.7 Lakhs to ₹14.9 Lakhs per year
and so on.

Tell us how to improve this page.

Reliance Nippon Life Insurance Chief Manager salary in Hyderabad / Secunderabad ranges between ₹7 Lakhs to ₹13.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.