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

Annual salary range
1 - 17 years exp.
₹3.7 Lakhs - ₹12.4 Lakhs
Salary of majority employees
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26% less than the average Deputy Manager Salary in Insurance Companies for 1 - 17 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Deputy Manager Salary
2 - 17 years exp. (24 salaries)
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₹4.2 L/yr - ₹11.6 L/yr

Finance & Accounting
Deputy Manager Salary
4 - 13 years exp. (6 salaries)
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₹7.5 L/yr - ₹12 L/yr

Customer Success, Service & Operations
Deputy Manager Salary
8 - 17 years exp. (5 salaries)
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₹3.7 L/yr - ₹9.6 L/yr

Administration & Facilities
Deputy Manager Salary
8 - 16 years exp. (5 salaries)
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₹5.3 L/yr - ₹9.5 L/yr

Product Management
Deputy Manager Salary
3 - 14 years exp. (4 salaries)
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₹7.8 L/yr - ₹13.4 L/yr

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Last Updated: 29 Jan 2025

Companies similar to Reliance Nippon Life Insurance for Deputy Manager

Company name Avg Annual Salary Open Jobs
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₹3.2 L/yr - ₹10.3 L/yr

arrow icon 17% less
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Axis Max Life Insurance Deputy Manager Salary

0 - 14 years exp. (810 salaries)

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₹2.4 L/yr - ₹8.7 L/yr

arrow icon 27% less
18 job openings
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₹2 L/yr - ₹5.7 L/yr

arrow icon 44% less
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HDFC Life Deputy Manager Salary

2 - 15 years exp. (731 salaries)

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₹3.5 L/yr - ₹12.1 L/yr

arrow icon 11% more
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₹4.5 L/yr - ₹16.5 L/yr

arrow icon 51% more
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₹4 L/yr - ₹12.6 L/yr

arrow icon 11% more
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₹3 L/yr - ₹10 L/yr

arrow icon 14% less
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₹3 L/yr - ₹9.5 L/yr

arrow icon 13% less
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₹7.5 L/yr - ₹16 L/yr

arrow icon 73% more
3 job openings
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SBI General Insurance Deputy Manager Salary

4 - 11 years exp. (158 salaries)

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₹3.7 L/yr - ₹9.7 L/yr

arrow icon 23% less
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Deputy Manager salary at Reliance Nippon Life Insurance ranges between ₹3.7 Lakhs to ₹12.4 Lakhs per year for employees with experience between 1 year to 17 years. Salary estimates are based on 64 latest salaries received from various employees of Reliance Nippon Life Insurance.

Latest annual salaries shared by Reliance Nippon Life Insurance Deputy Manager

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Experience wise Reliance Nippon Life Insurance Deputy Manager salaries

Last Updated: 29 Jan 2025

Experience Avg Annual Salary
1 year  (3 salaries)

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₹6.3 L/yr - ₹11 L/yr
2 years (AmbitionBox Estimate)

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₹6 L/yr - ₹12.9 L/yr
3 years (AmbitionBox Estimate)

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₹5 L/yr - ₹12.9 L/yr
4 years  (3 salaries)

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₹6 L/yr - ₹12.9 L/yr
5 years (AmbitionBox Estimate)

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₹4.2 L/yr - ₹12.9 L/yr
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Reliance Nippon Life Insurance Deputy Manager Salary and Career Growth

From

To

Deputy Manager

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1 - 17 years exp.

Senior Manager

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0 - 17 years exp.

Deputy Manager 1 - 17 years exp.
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Manager 2 - 18 years exp.
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arrow icon -14% hike
    Senior Manager 0 - 17 years exp.
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    arrow icon 32% hike
    Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

    Similar Designation salaries in Reliance Nippon Life Insurance

    Team Manager Salary
    (4 salaries)
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    ₹6.86 L/yr - ₹11.5 L/yr
    Store Manager Salary
    (AmbitionBox Estimate)
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    ₹3.8 L/yr - ₹4.8 L/yr
    Branch Manager Salary
    (202 salaries)
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    ₹3.75 L/yr - ₹11.5 L/yr
    Area Manager Salary
    (82 salaries)
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    ₹9 L/yr - ₹21.4 L/yr
    Department Manager Salary
    (AmbitionBox Estimate)
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    ₹2.4 L/yr - ₹3.1 L/yr
    Cluster Manager Salary
    (40 salaries)
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    ₹5 L/yr - ₹16.03 L/yr
    Service Manager Salary
    (AmbitionBox Estimate)
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    ₹4.5 L/yr - ₹5.8 L/yr
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    ₹4 L/yr - ₹13 L/yr
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    ₹8.08 L/yr - ₹18.2 L/yr
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    ₹8 L/yr - ₹18.5 L/yr

    Salary related reviews for Reliance Nippon Life Insurance

    3.3

    Rated by 9 employees for salary & benefits

    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

    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.

    read more
    • Salary - Poor
    • +3 more

    BFSI, Investments & Trading Department

    5.0
      •  posted on 27 May 2022

    5.0
     for  Salary and Benefits

    Likes

    Good work environment and culture. Teammates are supportive and the management is transport

    • Salary - Excellent
    • +6 more

    Dislikes

    There is a lot of policies and the management doesn't adress our issue. Salary is decent but career growth is slow.

    read more

    BFSI, Investments & Trading Department

    3.0
      •  posted on 01 Feb 2022

    3.0
     for  Salary and Benefits

    Likes

    Here when I started with company I got to know company has no enough data to call customer for advising any policy we need to visit our family members house only for selling policies its better to be a agent as we needs to sell policy to our family or pay out is heigh there

    read more

    Dislikes

    No compensation for home visit like petrol expanse in 30k salary we need to visit customer home for meeting on own expense

    read more
    • Job security - Poor
    • +4 more
    see more salary related reviews

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    Reliance Nippon Life Insurance Deputy Manager Salary FAQs

    What is the salary of Deputy Manager at Reliance Nippon Life Insurance ?
    The average salary of a Deputy Manager at Reliance Nippon Life Insurance in India typically ranges from ₹3.7 Lakhs to ₹12.4 Lakhs per year, depending on experience (from 1 year to 17 years).

    The top 10% of Deputy Manager at Reliance Nippon Life Insurance earn more than ₹11.1 Lakhs per year, and the top 1% earn over ₹15.3 Lakhs per year. Deputy 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 60+ Reliance Nippon Life Insurance employees in India.
    What is the estimated take home salary of a Deputy Manager at Reliance Nippon Life Insurance in India?
    The estimated take-home salary of a Deputy Manager at Reliance Nippon Life Insurance in India typically ranges from ₹53,352 to ₹54,680 per month. This is based on the average salary range of ₹3.7 Lakhs to ₹12.4 Lakhs per year for employees with experience ranging from 1 year to 17 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 60+ 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 Deputy Manager in India?
    The New India Assurance Co. ₹17.0 Lakhs to ₹26.0 Lakhs per year
    United India Insurance Company ₹11.0 Lakhs to ₹24.0 Lakhs per year
    The Oriental Insurance Co. ₹15.0 Lakhs to ₹21.0 Lakhs per year
    Bajaj Allianz General Insurance ₹7.5 Lakhs to ₹16.0 Lakhs per year
    Bajaj Allianz Life Insurance ₹4.5 Lakhs to ₹16.5 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 Deputy Manager in companies similar to Reliance Nippon Life Insurance in India?
    The salary of a Deputy 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:

    Marsh ₹10.0 Lakhs to ₹12.0 Lakhs per year
    Allianz ₹6.6 Lakhs to ₹12.2 Lakhs per year
    HDFC Life ₹3.5 Lakhs to ₹12.1 Lakhs per year
    Aditya Birla Health Insurance Co ₹4.0 Lakhs to ₹12.6 Lakhs per year
    PNB MetLife ₹3.9 Lakhs to ₹12.6 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 Deputy Manager at Reliance Nippon Life Insurance in India?
    The salary growth for a Deputy Manager at Reliance Nippon Life Insurance depends on factors such as experience, performance, and promotions. On average, a Deputy Manager can expect the following growth trajectory at Reliance Nippon Life Insurance:

    Experience Average Salary Range
    1 year ₹6.3 Lakhs to ₹11.0 Lakhs per year
    2 years ₹6.0 Lakhs to ₹12.9 Lakhs per year
    3 years ₹5.0 Lakhs to ₹12.9 Lakhs per year
    4 years ₹6.0 Lakhs to ₹12.9 Lakhs per year
    and so on.

    Tell us how to improve this page.

    Reliance Nippon Life Insurance Deputy Manager salary in India ranges between ₹3.7 Lakhs to ₹12.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 64 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.