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Reliance Nippon Life Insurance Executive salaries in India

Annual salary range
1 - 6 years exp.
₹1.5 Lakh - ₹4.3 Lakhs
Salary of majority employees
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34% less than the average Executive Salary in Insurance Companies for 1 - 6 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Executive Salary
1 - 6 years exp. (6 salaries)
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₹1.5 L/yr - ₹3.2 L/yr

Legal & Regulatory
Executive Salary
2 - 4 years exp. (3 salaries)
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₹3.4 L/yr - ₹4.3 L/yr

BFSI, Investments & Trading
Executive Salary
1 - 6 years exp. (AmbitionBox Estimate)
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₹2.2 L/yr - ₹3.1 L/yr

Human Resources
Executive Salary
1 - 2 years exp. (AmbitionBox Estimate)
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₹2.3 L/yr - ₹3 L/yr

Finance & Accounting
Executive Salary
4 years exp. (AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.1 L/yr

Last Updated: 13 Feb 2025

Companies similar to Reliance Nippon Life Insurance for Executive

Company name Avg Annual Salary Open Jobs
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₹1.2 L/yr - ₹3.3 L/yr

arrow icon 16% less
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HDFC Life Executive Salary

0 - 5 years exp. (80 salaries)

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₹2.2 L/yr - ₹5 L/yr

arrow icon 29% more
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SBI Life Insurance Company Executive Salary

1 - 11 years exp. (29 salaries)

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₹1.4 L/yr - ₹6 L/yr

arrow icon 12% more
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Max Life Insurance Executive Salary

0 - 6 years exp. (205 salaries)

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₹1 L/yr - ₹5.5 L/yr

arrow icon 7% more
1 job opening
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Bajaj Allianz Life Insurance Executive Salary

1 - 6 years exp. (54 salaries)

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₹1.8 L/yr - ₹5.3 L/yr

arrow icon 16% more
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₹1 L/yr - ₹4.4 L/yr

arrow icon 6% less
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Tata AIA Life Insurance Executive Salary

1 - 10 years exp. (96 salaries)

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₹2.3 L/yr - ₹6.5 L/yr

arrow icon 50% more
4 job openings
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₹2.4 L/yr - ₹4.9 L/yr

arrow icon 37% more
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PNB MetLife Executive Salary

0 - 6 years exp. (31 salaries)

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₹2 L/yr - ₹3.8 L/yr

arrow icon 5% less
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₹1.8 L/yr - ₹3.5 L/yr

arrow icon 13% less
View all
Executive salary at Reliance Nippon Life Insurance ranges between ₹1.5 Lakh to ₹4.3 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 19 latest salaries received from various employees of Reliance Nippon Life Insurance.

Latest annual salaries shared by Reliance Nippon Life Insurance Executive

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Experience wise Reliance Nippon Life Insurance Executive salaries

Last Updated: 13 Feb 2025

Experience Avg Annual Salary
1 year  (3 salaries)

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₹2.3 L/yr - ₹5.6 L/yr
2 years  (6 salaries)

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₹1.5 L/yr - ₹4.2 L/yr
3 years (AmbitionBox Estimate)

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₹1.2 L/yr - ₹4.3 L/yr
4 years  (3 salaries)

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₹2.4 L/yr - ₹4 L/yr
5 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹3.2 L/yr
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Reliance Nippon Life Insurance Executive Salary and Career Growth

From

To

Executive

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1 - 6 years exp.

Branch Service Manager

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7 - 20 years exp.

Executive 1 - 6 years exp.
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Assistant Branch Service Manager 12 - 16 years exp.
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arrow icon 86% hike
    Branch Service Manager 7 - 20 years exp.
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    arrow icon 37% 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

    Chemist Salary
    (AmbitionBox Estimate)
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    ₹0.2 L/yr - ₹0.2 L/yr
    Officer Salary
    (3 salaries)
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    ₹1.8 L/yr - ₹6.2 L/yr
    Supervisor Salary
    (3 salaries)
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    ₹1.8 L/yr - ₹6.2 L/yr
    Deputy Manager Salary
    (64 salaries)
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    ₹3.7 L/yr - ₹12.42 L/yr
    Senior Officer Salary
    (AmbitionBox Estimate)
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    ₹9.9 L/yr - ₹12.6 L/yr
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    ₹1.4 L/yr - ₹3.5 L/yr
    Production Engineer Salary
    (AmbitionBox Estimate)
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    ₹1 L/yr - ₹1.3 L/yr
    Mechanical Engineer Salary
    (AmbitionBox Estimate)
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    ₹1.2 L/yr - ₹1.5 L/yr

    Salary related reviews for Reliance Nippon Life Insurance

    3.0

    Rated by 2 employees for salary & benefits

    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

    read more
    • Salary - Poor
    • +6 more

    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 .

    read more
    • Salary - Bad
    • +6 more

    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

    read more
    • Salary - Bad
    • +5 more

    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.

    read more
    • 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 .

    read more
    • Promotions - Poor

    Full Time

     · 

    BFSI, Investments & Trading Department

    3.0
      •  posted on 02 Mar 2024

    2.0
     for  Salary and Benefits

    Likes

    ...s that he will not get 100% contest. 3-4 will be missed because of ifs and buts. Salary deduction and demotions for sales force. It demotivating for many managers as well as branch head. HR support is very very pathatic, high deduction in f&f if you serve less notice period. Company always wants that vintage employee should left the company because they are highly paid

    read more

    Dislikes

    Many dislikes which I mention in like section

    • Salary - Poor
    • +5 more
    see more salary related reviews

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    Reliance Nippon Life Insurance Executive Salary FAQs

    What is the salary of Executive at Reliance Nippon Life Insurance?
    Executive salary at Reliance Nippon Life Insurance in India ranges between ₹1.5 Lakhs to ₹4.3 Lakhs for experience between 1 years to 6 years. According to our estimates it is 34% less than the average Executive Salary in India. Salary estimates are based on 19 latest salaries received from various employees of Reliance Nippon Life Insurance India.
    How does the salary of a Executive at Reliance Nippon Life Insurance India compare with the average salary range for this job?
    The average salary of a Executive at Reliance Nippon Life Insurance is 34% less than the average salary of a Executive in India. To know exact salary insights, login to view.
    Which similar companies are paying more than Reliance Nippon Life Insurance to a Executive in India?
    • Tata AIA Life Insurance Executive Salary - ₹2.3 Lakhs to ₹6.5 Lakhs per year
    • MetLife Executive Salary - ₹4.0 Lakhs to ₹4.7 Lakhs per year
    • Allianz Executive Salary - ₹2.1 Lakhs to ₹8.5 Lakhs per year
    • Bajaj Allianz General Insurance Executive Salary - ₹2.0 Lakhs to ₹5.7 Lakhs per year
    • Life Insurance Corporation of India Executive Salary - ₹2.4 Lakhs to ₹4.9 Lakhs per year
    What is the salary of a Executive in companies similar to Reliance Nippon Life Insurance in India?
    • HDFC Life Executive Salary - ₹2.2 Lakhs to ₹5.0 Lakhs per year
    • AON Global Insurance Brokers Executive Salary - ₹3.0 Lakhs to ₹4.7 Lakhs per year
    • SBI General Insurance Executive Salary - ₹1.8 Lakhs to ₹5.0 Lakhs per year
    • Bajaj Allianz Life Insurance Executive Salary - ₹1.8 Lakhs to ₹5.3 Lakhs per year
    • SBI Life Insurance Company Executive Salary - ₹1.4 Lakhs to ₹6.0 Lakhs per year
    What is the estimated take home salary of a Executive at Reliance Nippon Life Insurance in India?
    The estimated take-home salary of a Executive at Reliance Nippon Life Insurance ranges between ₹22,116 per month to ₹23,598 per month in India. The take-home salary calculation is based on the average Reliance Nippon Life Insurance Executive salary in India which ranges between ₹1.5 Lakhs to ₹4.3 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?
    What is the notice period for Executive at Reliance Nippon Life Insurance?
    According to AmbitionBox, 60% of the Reliance Nippon Life Insurance Executives reported a notice period of 15 days or less, 30% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 20 responses on AmbitionBox in last 2 years.

    Tell us how to improve this page.

    Reliance Nippon Life Insurance Executive salary in India ranges between ₹1.5 Lakh to ₹4.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 19 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.