Reliance Nippon Life Insurance Development Officer Salaries by 5 Employees (Updated 2024)

0 - 3 years exp.

₹1.8 Lakh - ₹3.6 Lakhs

Low Confidence

Salary of majority employees

61% less than the average Development Officer Salary in Insurance Companies for 0 - 3 years of experience

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Salaries in different departments

BFSI, Investments & Trading Development Officer Salary 0 - 3 years exp. (3 salaries)	₹2 L/yr - ₹3.6 L/yr
Finance & Accounting Development Officer Salary Fresher (AmbitionBox Estimate)	₹1.6 L/yr - ₹2 L/yr
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Sales & Business Development Development Officer Salary 1 year exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.6 L/yr

Last Updated: 16 Jun 2023

Companies similar to Reliance Nippon Life Insurance for Development Officer

Company name	Avg Annual Salary	Open Jobs
HDFC Life Development Officer Salary 2 - 3 years exp. (3 salaries)	₹3 L/yr - ₹5 L/yr 58% more
Bajaj Allianz Life Insurance Development Officer Salary 2 - 7 years exp. (6 salaries)	₹2 L/yr - ₹3.5 L/yr 11% more
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Kotak Mahindara Life Insurance Development Officer Salary 0 - 5 years exp. (6 salaries)	₹2.1 L/yr - ₹3.5 L/yr 8% more
Life Insurance Corporation of India Development Officer Salary 0 - 10 years exp. (226 salaries)	₹3.5 L/yr - ₹12.3 L/yr 242% more
Shriram Life Insurance Development Officer Salary 1 - 5 years exp. (6 salaries)	₹1 L/yr - ₹3 L/yr 10% less
The Oriental Insurance Co. Development Officer Salary 15 - 25 years exp. (6 salaries)	₹2.9 L/yr - ₹11.5 L/yr 185% more
Star Health & Allied Insurance Development Officer Salary 4 - 6 years exp. (4 salaries)	₹1.8 L/yr - ₹4 L/yr 32% more
The New India Assurance Co. Development Officer Salary 27 - 31 years exp. (3 salaries)	₹15 L/yr - ₹20 L/yr 581% more

Development Officer salary at Reliance Nippon Life Insurance ranges between ₹1.8 Lakh to ₹3.6 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 5 latest salaries received from various employees of Reliance Nippon Life Insurance.

Experience wise Reliance Nippon Life Insurance Development Officer salaries

Last Updated: 16 Jun 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.8 L/yr - ₹2 L/yr
1 year (AmbitionBox Estimate)	₹0.9 L/yr - ₹2.4 L/yr
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2 years (AmbitionBox Estimate)	₹2 L/yr - ₹4.8 L/yr
3 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.6 L/yr

Similar Designation salaries in Reliance Nippon Life Insurance

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Salary related reviews for Reliance Nippon Life Insurance

5.0

Rated by 1 employees for salary & benefits

Sales Manager in Goalpara

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

Dislikes

The Branch Manager of Goalpara Branch is neither a good leader nor a good human being

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

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

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.

Dislikes

There is not formal Traning only online tranings and Salary is very low and and its IPM branch.

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.

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.

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

Dislikes

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

see more salary related reviews

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a technical project manager

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Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Reliance Nippon Life Insurance Development Officer Salary FAQs

What is the salary of Development Officer at Reliance Nippon Life Insurance?

Development Officer salary at Reliance Nippon Life Insurance in India ranges between ₹1.8 Lakhs to ₹3.6 Lakhs for less than 1 year of experience to 3 years. According to our estimates it is 61% less than the average Development Officer Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Reliance Nippon Life Insurance India.

How does the salary of a Development Officer at Reliance Nippon Life Insurance India compare with the average salary range for this job?

The average salary of a Development Officer at Reliance Nippon Life Insurance is 61% less than the average salary of a Development Officer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Reliance Nippon Life Insurance to a Development Officer in India?

The New India Assurance Co. Development Officer Salary - ₹15.0 Lakhs to ₹20.0 Lakhs per year
Life Insurance Corporation of India Development Officer Salary - ₹3.5 Lakhs to ₹12.3 Lakhs per year
The Oriental Insurance Co. Development Officer Salary - ₹2.9 Lakhs to ₹11.5 Lakhs per year
HDFC Life Development Officer Salary - ₹3.0 Lakhs to ₹5.0 Lakhs per year
Star Health & Allied Insurance Development Officer Salary - ₹1.8 Lakhs to ₹4.0 Lakhs per year

What is the salary of a Development Officer in companies similar to Reliance Nippon Life Insurance in India?

Bajaj Allianz Life Insurance Development Officer Salary - ₹2.0 Lakhs to ₹3.5 Lakhs per year
Kotak Mahindara Life Insurance Development Officer Salary - ₹2.1 Lakhs to ₹3.5 Lakhs per year
Shriram Life Insurance Development Officer Salary - ₹1.0 Lakhs to ₹3.0 Lakhs per year

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

The estimated take-home salary of a Development Officer at Reliance Nippon Life Insurance ranges between ₹17,066 per month to ₹18,773 per month in India. The take-home salary calculation is based on the average Reliance Nippon Life Insurance Development Officer salary in India which ranges between ₹1.8 Lakhs to ₹3.6 Lakhs per year for employees with less than 1 year of experience to 3 years. Check how did we calculate take home salary?

What is the notice period for Development Officer at Reliance Nippon Life Insurance?

According to AmbitionBox, 50% of the Reliance Nippon Life Insurance Development Officers reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Reliance Nippon Life Insurance Development Officer Salaries

Reliance Nippon Life Insurance Development Officer salary in India ranges between ₹1.8 Lakh to ₹3.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.