Reliance Nippon Life Insurance Mumbai Consultant Salaries by 3 Employees (Updated 2025)

3 - 15 years exp.

₹2.2 Lakhs - ₹6 Lakhs

Low Confidence

Salary of majority employees

78% less than the average Consultant Salary in Insurance Companies for 3 - 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
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Consulting Consultant Salary 3 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2.4 L/yr

Last Updated: 15 Sep 2023

Companies similar to Reliance Nippon Life Insurance for Consultant in Mumbai

Reliance Nippon Life Insurance Consultant Salary

3 - 15 years exp. (3 salaries)

₹2.2 L/yr - ₹6 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Consultant Salary 0 - 6 years exp. (28 salaries)	₹1 L/yr - ₹6 L/yr 8% less
Kotak Mahindara Life Insurance Consultant Salary 0 - 9 years exp. (4 salaries)	₹8 L/yr - ₹12 L/yr 221% more
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PNB MetLife Consultant Salary 1 - 7 years exp. (15 salaries)	₹2 L/yr - ₹5 L/yr 4% more
ICICI Lombard General Insurance Company Consultant Salary 0 - 9 years exp. (15 salaries)	₹1.5 L/yr - ₹7.7 L/yr 28% more
Aditya Birla Health Insurance Co Consultant Salary 2 - 13 years exp. (5 salaries)	₹8 L/yr - ₹15 L/yr 268% more
HDFC Ergo General Insurance Consultant Salary 0 - 7 years exp. (3 salaries)	₹2.2 L/yr - ₹9.5 L/yr 84% more

Consultant salary at Reliance Nippon Life Insurance ranges between ₹2.2 Lakhs to ₹6 Lakhs per year for employees with experience between 3 years to 15 years. Salary estimates are based on 3 latest salaries received from various employees of Reliance Nippon Life Insurance.

Experience wise Reliance Nippon Life Insurance Consultant salaries in Mumbai

Last Updated: 15 Sep 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹0.7 L/yr - ₹2.2 L/yr
4 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.2 L/yr
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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)	₹3.9 L/yr - ₹4.9 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

Team Lead Salary

(7 salaries)

₹2.5 L/yr - ₹4.6 L/yr

Software Engineer Salary

(7 salaries)

₹1 L/yr - ₹3 L/yr

Senior Software Engineer Salary

(3 salaries)

₹8 L/yr - ₹13 L/yr

Salary related reviews for Reliance Nippon Life Insurance

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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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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Reliance Nippon Life Insurance Consultant Salary FAQs

What is the notice period for Consultant at Reliance Nippon Life Insurance in Mumbai?

According to AmbitionBox, 100% of the Reliance Nippon Life Insurance Consultants in Mumbai reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Reliance Nippon Life Insurance Consultant Salaries in Mumbai

Reliance Nippon Life Insurance Consultant salary in Mumbai ranges between ₹2.2 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.