Reliance Nippon Life Insurance Development Officer Salaries by 5 Employees (Updated 2025)

0 - 2 years exp.

₹1.8 Lakh - ₹2.4 Lakhs

Low Confidence

Salary of majority employees

65% less than the average Development Officer Salary in Insurance Companies for 0 - 2 years of experience

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Salaries in different departments

BFSI, Investments & Trading Development Officer Salary 0 - 2 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.2 L/yr
Finance & Accounting Development Officer Salary Fresher (AmbitionBox Estimate)	₹1.6 L/yr - ₹2 L/yr
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Marketing & Communication Development Officer Salary Fresher (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.6 L/yr
Sales & Business Development Development Officer Salary 1 year exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.6 L/yr

Last Updated: 10 Mar 2025

Companies similar to Reliance Nippon Life Insurance for Development Officer

Company name	Avg Annual Salary	Open Jobs
Life Insurance Corporation of India Development Officer Salary 0 - 10 years exp. (328 salaries)	₹3.6 L/yr - ₹12 L/yr 303% more
Shriram Life Insurance Development Officer Salary 1 - 5 years exp. (6 salaries)	₹1 L/yr - ₹3 L/yr 2% more
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The Oriental Insurance Co. Development Officer Salary 15 - 25 years exp. (6 salaries)	₹2.9 L/yr - ₹11.5 L/yr 230% more
Bajaj Allianz Life Insurance Development Officer Salary 2 - 7 years exp. (6 salaries)	₹2 L/yr - ₹3.5 L/yr 28% more
Kotak Mahindara Life Insurance Development Officer Salary 2 - 5 years exp. (4 salaries)	₹2.1 L/yr - ₹6 L/yr 52% more
Star Health & Allied Insurance Development Officer Salary 4 - 6 years exp. (4 salaries)	₹1.8 L/yr - ₹4 L/yr 52% more
The New India Assurance Co. Development Officer Salary 27 - 31 years exp. (3 salaries)	₹15 L/yr - ₹20 L/yr 687% more
HDFC Life Development Officer Salary 2 - 3 years exp. (3 salaries)	₹3 L/yr - ₹5 L/yr 83% more

Development Officer salary at Reliance Nippon Life Insurance ranges between ₹1.8 Lakh to ₹2.4 Lakhs per year for employees with less than 1 year of experience to 2 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: 10 Mar 2025

Experience	Avg Annual Salary
Fresher (3 salaries)	₹1.8 L/yr - ₹2.4 L/yr
1 year (AmbitionBox Estimate)	₹0.8 L/yr - ₹2.4 L/yr
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2 years (AmbitionBox Estimate)	₹2 L/yr - ₹3.8 L/yr

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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

Salary - Excellent

+5 more

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

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

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.

Salary - Excellent

+5 more

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.

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

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.

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Reliance Nippon Life Insurance Development Officer Salary FAQs

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

The average salary of a Development Officer at Reliance Nippon Life Insurance in India typically ranges from ₹1.8 Lakhs to ₹2.4 Lakhs per year, depending on experience (from Fresher to 2 years).

The top 10% of Development Officer at Reliance Nippon Life Insurance earn more than ₹2.4 Lakhs per year, and the top 1% earn over ₹2.4 Lakhs per year. Development Officer 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 5 Reliance Nippon Life Insurance employees in India.

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 in India typically ranges from ₹14,632 to ₹16,168 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹2.4 Lakhs per year for employees with experience ranging from Fresher to 2 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 5 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 Development Officer in India?

The New India Assurance Co.	₹15.0 Lakhs to ₹20.0 Lakhs per year
Life Insurance Corporation of India	₹3.6 Lakhs to ₹12.0 Lakhs per year
The Oriental Insurance Co.	₹2.9 Lakhs to ₹11.5 Lakhs per year
HDFC Life	₹3.0 Lakhs to ₹5.0 Lakhs per year
Star Health & Allied Insurance	₹1.8 Lakhs to ₹4.0 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 Development Officer in companies similar to Reliance Nippon Life Insurance in India?

The salary of a Development Officer 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:

Kotak Mahindara Life Insurance	₹2.1 Lakhs to ₹6.0 Lakhs per year
Bajaj Allianz Life Insurance	₹2.0 Lakhs to ₹3.5 Lakhs per year
Shriram Life Insurance	₹1.0 Lakhs to ₹3.0 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 Development Officer at Reliance Nippon Life Insurance in India?

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

Experience	Average Salary Range
Fresher	₹1.8 Lakhs to ₹2.4 Lakhs per year
1 year	₹0.8 Lakhs to ₹2.4 Lakhs per year
2 years	₹2.0 Lakhs to ₹3.8 Lakhs per year

and so on.

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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 ₹2.4 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.