Reliance Nippon Life Insurance Consultant Salaries by 7 Employees

1 - 15 years exp.

₹1 Lakh - ₹6 Lakhs

Low Confidence

Salary of majority employees

79% less than the average Consultant Salary in Insurance Companies for 1 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading Consultant Salary 12 - 15 years exp. (AmbitionBox Estimate)	₹4.6 L/yr - ₹6 L/yr
Consulting Consultant Salary 3 - 13 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.5 L/yr
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Production, Manufacturing & Engineering Consultant Salary 1 year exp. (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.7 L/yr

Last Updated: 25 Jan 2024

Companies similar to Reliance Nippon Life Insurance for Consultant

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Consultant Salary 0 - 5 years exp. (42 salaries)	₹1.2 L/yr - ₹6.6 L/yr 1% less
ICICI Lombard General Insurance Company Consultant Salary 0 - 10 years exp. (37 salaries)	₹1.5 L/yr - ₹7.8 L/yr 38% more
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PNB MetLife Consultant Salary 1 - 7 years exp. (30 salaries)	₹1.8 L/yr - ₹5 L/yr 7% more
Principal Global Services Consultant Salary 6 - 15 years exp. (28 salaries)	₹15.4 L/yr - ₹39 L/yr 946% more
MetLife Consultant Salary 4 - 11 years exp. (25 salaries)	₹8.5 L/yr - ₹24 L/yr 450% more
HDFC Life Consultant Salary 1 - 10 years exp. (12 salaries)	₹1.2 L/yr - ₹6.4 L/yr 108% more
AON Global Insurance Brokers Consultant Salary 2 - 12 years exp. (7 salaries)	₹7.8 L/yr - ₹17.5 L/yr 298% more
AXA Consultant Salary 8 - 12 years exp. (7 salaries)	₹8 L/yr - ₹17.6 L/yr 308% more
Marsh Consultant Salary 0 - 3 years exp. (6 salaries)	₹14 L/yr - ₹20 L/yr 470% more
Gallagher Consultant Salary 4 - 18 years exp. (5 salaries)	₹20.5 L/yr - ₹25.5 L/yr 661% more
Aditya Birla Health Insurance Co Consultant Salary 2 - 18 years exp. (5 salaries)	₹8 L/yr - ₹18.6 L/yr 331% more
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HDFC Ergo General Insurance Consultant Salary 0 - 7 years exp. (5 salaries)	₹2.2 L/yr - ₹9.5 L/yr 84% more
Kotak Mahindara Life Insurance Consultant Salary 0 - 9 years exp. (5 salaries)	₹6 L/yr - ₹12 L/yr 194% more
Aditya Birla Sun Life Insurance Consultant Salary 4 - 10 years exp. (4 salaries)	₹5 L/yr - ₹8 L/yr 113% more
Bajaj Allianz General Insurance Consultant Salary 1 - 8 years exp. (4 salaries)	₹1.8 L/yr - ₹6.6 L/yr 55% more
Bajaj Allianz Life Insurance Consultant Salary 1 - 7 years exp. (4 salaries)	₹3 L/yr - ₹5.5 L/yr 33% more	1 job opening
SBI Life Insurance Company Consultant Salary 2 - 14 years exp. (4 salaries)	₹1 L/yr - ₹4.4 L/yr 3% more
Allianz Consultant Salary 5 - 8 years exp. (4 salaries)	₹9.5 L/yr - ₹22 L/yr 439% more	1 job opening
First American Title Consultant Salary 0 - 2 years exp. (3 salaries)	₹1.8 L/yr - ₹2.5 L/yr 31% less
Shriram Life Insurance Consultant Salary 0 - 17 years exp. (3 salaries)	₹1.4 L/yr - ₹5.2 L/yr 32% more

View all

Consultant salary at Reliance Nippon Life Insurance ranges between ₹1 Lakh to ₹6 Lakhs per year for employees with experience between 1 year to 15 years. Salary estimates are based on 7 latest salaries received from various employees of Reliance Nippon Life Insurance.

Experience wise Reliance Nippon Life Insurance Consultant salaries

Last Updated: 25 Jan 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1 L/yr - ₹1.5 L/yr
2 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹1.6 L/yr
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3 years (AmbitionBox Estimate)	₹1 L/yr - ₹2.2 L/yr
4 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.2 L/yr
5 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr
6 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
7 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
8 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
9 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
10 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
11 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
12 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.6 L/yr
13 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹7.7 L/yr
14 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr
15+ years (AmbitionBox Estimate)	₹1.9 L/yr - ₹6 L/yr

View all

Similar Designation salaries in Reliance Nippon Life Insurance

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Team Lead Salary

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Associate Consultant Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Technical Lead Salary

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₹6.6 L/yr - ₹8.4 L/yr

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Salary related reviews for Reliance Nippon Life Insurance

3.4

Rated by 2 employees for salary & benefits

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

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

Salary - Poor

+6 more

Agency Development Manager in Kolkata

Full Time

Sales & Business Development Department

1.0

• posted on 07 Nov 2024

1.0

for Salary and Benefits

Likes

Too much ghatia i mean wrost experience ever..

Dislikes

...e to get policy on my name nd told if i didn't get the policy i cant get my job. Totally fraud company they did gave me any salary i work 2 month straight .

Salary - Bad

+6 more

Assistant Branch Manager in Kolkata

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

Salary - Bad

+5 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.

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 .

Promotions - Poor

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Reliance Nippon Life Insurance Consultant Salary FAQs

What is the salary of Consultant at Reliance Nippon Life Insurance ?

The average salary of a Consultant at Reliance Nippon Life Insurance in India typically ranges from ₹1.0 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 1 year to 15 years).

The top 10% of Consultant at Reliance Nippon Life Insurance earn more than ₹5.7 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Consultant 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 7 Reliance Nippon Life Insurance employees in India.

What is the estimated take home salary of a Consultant at Reliance Nippon Life Insurance in India?

The estimated take-home salary of a Consultant at Reliance Nippon Life Insurance in India typically ranges from ₹21,241 to ₹22,886 per month. This is based on the average salary range of ₹1.0 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 1 year to 15 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 7 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 Consultant in India?

Principal Global Services	₹15.4 Lakhs to ₹39.0 Lakhs per year
Gallagher	₹20.5 Lakhs to ₹25.5 Lakhs per year
Marsh	₹14.0 Lakhs to ₹20.0 Lakhs per year
MetLife	₹8.5 Lakhs to ₹24.0 Lakhs per year
Allianz	₹9.5 Lakhs to ₹22.0 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 Consultant in companies similar to Reliance Nippon Life Insurance in India?

The salary of a Consultant 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:

Aditya Birla Health Insurance Co	₹8.0 Lakhs to ₹18.6 Lakhs per year
AXA	₹8.0 Lakhs to ₹17.6 Lakhs per year
AON Global Insurance Brokers	₹7.8 Lakhs to ₹17.5 Lakhs per year
Kotak Mahindara Life Insurance	₹6.0 Lakhs to ₹12.0 Lakhs per year
Star Health & Allied Insurance	₹4.2 Lakhs to ₹12.1 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 Consultant at Reliance Nippon Life Insurance in India?

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

Experience	Average Salary Range
1 year	₹1.0 Lakhs to ₹1.5 Lakhs per year
2 years	₹1.2 Lakhs to ₹1.6 Lakhs per year
3 years	₹1.0 Lakhs to ₹2.2 Lakhs per year
4 years	₹1.7 Lakhs to ₹2.2 Lakhs per year

and so on.

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Reliance Nippon Life Insurance Consultant Salaries

Reliance Nippon Life Insurance Consultant salary in India ranges between ₹1 Lakh to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.