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Reliance Nippon Life Insurance

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3.6

based on 2.8k Reviews

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Reliance Nippon Life Insurance Deputy Manager salaries in Mumbai Suburban

Annual salary range
12 - 15 years exp.
₹5.6 Lakhs - ₹10.3 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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11% less than the average Deputy Manager Salary in Insurance Companies for 12 - 15 years of experience

Interested in this particular role?

Last Updated: 21 Nov 2024

Companies similar to Reliance Nippon Life Insurance for Deputy Manager in Mumbai Suburban

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Reliance Nippon Life Insurance Deputy Manager Salary

12 - 15 years exp. (4 salaries)
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₹5.6 L/yr - ₹10.3 L/yr

vs
Company name Avg Annual Salary Open Jobs
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SBI General Insurance Deputy Manager Salary

4 - 7 years exp. (4 salaries)
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₹4 L/yr - ₹7.1 L/yr

arrow icon 27% less
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Aditya Birla Health Insurance Co Deputy Manager Salary

3 - 9 years exp. (4 salaries)
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₹5.8 L/yr - ₹9 L/yr

arrow icon 3% more
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Aditya Birla Sun Life Insurance Deputy Manager Salary

3 - 8 years exp. (3 salaries)
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₹5 L/yr - ₹5.7 L/yr

arrow icon 25% less
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Kotak Securities Deputy Manager Salary

0 - 10 years exp. (39 salaries)
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₹2.6 L/yr - ₹6 L/yr

arrow icon 38% less
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The Saraswat Co-operative Bank Deputy Manager Salary

3 - 12 years exp. (24 salaries)
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₹4.5 L/yr - ₹10 L/yr

arrow icon 10% less
Deputy Manager salary at Reliance Nippon Life Insurance ranges between ₹5.6 Lakhs to ₹10.3 Lakhs per year for employees with experience between 12 years to 15 years. Salary estimates are based on 4 latest salaries received from various employees of Reliance Nippon Life Insurance.

Latest annual salaries shared by Reliance Nippon Life Insurance Deputy Manager in Mumbai Suburban

4mo ago
₹10.3 Lakhs
14 years exp.

Experience wise Reliance Nippon Life Insurance Deputy Manager salaries in Mumbai Suburban

Last Updated: 21 Nov 2024

Experience Avg Annual Salary
12 years (AmbitionBox Estimate)

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₹6.7 L/yr - ₹8.5 L/yr
13 years (AmbitionBox Estimate)

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₹6.7 L/yr - ₹8.5 L/yr
14 years (AmbitionBox Estimate)

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₹6.7 L/yr - ₹8.5 L/yr
15+ years (AmbitionBox Estimate)

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₹6.7 L/yr - ₹8.5 L/yr
Reliance Nippon Life Insurance Deputy Manager Salary and Career Growth

From

To

Deputy Manager

₹unlock blur Lakhs/yr

1 - 17 years exp.

Senior Manager

₹unlock blur Lakhs/yr

0 - 17 years exp.

Deputy Manager 1 - 17 years exp.
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Manager 2 - 19 years exp.
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arrow icon -19% hike
    Senior Manager 0 - 17 years exp.
    unlock blur
    arrow icon 40% 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

    Sales Executive Salary
    (4 salaries)
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    ₹1.3 L/yr - ₹6.6 L/yr

    Salary related reviews for Reliance Nippon Life Insurance

    4.0

    Rated by 1 employees for salary & benefits

    Business Development Manager in Kolkata

    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

    Branch Manager in Anantnag

    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

    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.

    read more
    • Salary - Poor
      • +3 more

    Branch Manager in Varanasi

    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

    Relationship Manager in New Delhi

    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
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    Salary Discussions, Hike & Promotions
    2w (edited)
    peacemaker
    Verified Icon
    ·
    works at
    Georgia-Pacific
    New offer. Confused.
    My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?
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    Reliance Nippon Life Insurance Deputy Manager Salary FAQs

    What is the salary of Deputy Manager at Reliance Nippon Life Insurance in Mumbai Suburban?
    The average salary of a Deputy Manager at Reliance Nippon Life Insurance in Mumbai Suburban typically ranges from ₹5.6 Lakhs to ₹10.3 Lakhs per year, depending on experience (from 12 years to 15 years).

    The top 10% of Deputy Manager in Mumbai Suburban at Reliance Nippon Life Insurance earn more than ₹10.3 Lakhs per year, and the top 1% earn over ₹10.3 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 4 Reliance Nippon Life Insurance employees in India.
    What is the estimated take home salary of a Deputy Manager at Reliance Nippon Life Insurance in Mumbai Suburban?
    The estimated take-home salary of a Deputy Manager at Reliance Nippon Life Insurance in Mumbai Suburban typically ranges from ₹55,376 to ₹56,762 per month. This is based on the average salary range of ₹5.6 Lakhs to ₹10.3 Lakhs per year for employees with experience ranging from 12 years 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 4 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?
    Aditya Birla Health Insurance Co ₹5.8 Lakhs to ₹9.0 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 Deputy Manager in companies similar to Reliance Nippon Life Insurance in Mumbai Suburban?
    The salary of a Deputy Manager at companies similar to Reliance Nippon Life Insurance in Mumbai Suburban varies, depending on the role, experience, and company size. Here are the typical salary ranges:

    The Saraswat Co-operative Bank ₹4.5 Lakhs to ₹10.0 Lakhs per year
    Aditya Birla Sun Life Insurance ₹5.0 Lakhs to ₹5.7 Lakhs per year
    SBI General Insurance ₹4.0 Lakhs to ₹7.1 Lakhs per year
    Kotak Securities ₹2.6 Lakhs to ₹6.0 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 Deputy Manager at Reliance Nippon Life Insurance in Mumbai Suburban?
    The salary growth for a Deputy Manager at Reliance Nippon Life Insurance in Mumbai Suburban depends on factors such as experience, performance, and promotions. On average, a Deputy Manager in Mumbai Suburban can expect the following growth trajectory at Reliance Nippon Life Insurance:

    Experience Average Salary Range
    12 years ₹6.7 Lakhs to ₹8.5 Lakhs per year
    13 years ₹6.7 Lakhs to ₹8.5 Lakhs per year
    14 years ₹6.7 Lakhs to ₹8.5 Lakhs per year
    15 years ₹6.7 Lakhs to ₹8.5 Lakhs per year
    and so on.

    Tell us how to improve this page.

    Reliance Nippon Life Insurance Deputy Manager salary in Mumbai Suburban ranges between ₹5.6 Lakhs to ₹10.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.