Reliance Nippon Life Insurance Executive Officer Salaries by 3 Employees

3 - 4 years exp.

₹3 Lakhs - ₹3.9 Lakhs

Low Confidence

Salary of majority employees

27% less than the average Executive Officer Salary in Insurance Companies for 3 - 4 years of experience

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Salaries in different departments

Customer Success, Service & Operations Executive Officer Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr
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Sales & Business Development Executive Officer Salary 3 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.3 L/yr

Last Updated: 8 Aug 2024

Companies similar to Reliance Nippon Life Insurance for Executive Officer

Company name	Avg Annual Salary	Open Jobs
Star Health & Allied Insurance Executive Officer Salary 0 - 5 years exp. (43 salaries)	₹1.9 L/yr - ₹4 L/yr 12% less
Kotak Mahindara Life Insurance Executive Officer Salary 1 - 4 years exp. (17 salaries)	₹1.3 L/yr - ₹2.2 L/yr 44% less
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ICICI Prudential Life Insurance Executive Officer Salary 1 - 6 years exp. (7 salaries)	₹2 L/yr - ₹3.3 L/yr 21% less
HDFC Ergo General Insurance Executive Officer Salary 1 - 6 years exp. (7 salaries)	₹3 L/yr - ₹3.7 L/yr 5% less
Axis Max Life Insurance Executive Officer Salary 0 - 6 years exp. (6 salaries)	₹2 L/yr - ₹4.2 L/yr 13% less
SBI General Insurance Executive Officer Salary 1 - 3 years exp. (5 salaries)	₹1.9 L/yr - ₹4.2 L/yr 1% more
Tata AIA Life Insurance Executive Officer Salary 0 - 5 years exp. (4 salaries)	₹2.4 L/yr - ₹2.7 L/yr 22% less
Life Insurance Corporation of India Executive Officer Salary 1 - 11 years exp. (4 salaries)	₹2 L/yr - ₹3 L/yr 38% less
Aditya Birla Health Insurance Co Executive Officer Salary 0 - 4 years exp. (4 salaries)	₹2.7 L/yr - ₹2.8 L/yr 17% less
Bajaj Allianz Life Insurance Executive Officer Salary 1 - 5 years exp. (4 salaries)	₹1.5 L/yr - ₹3.5 L/yr 19% less
ICICI Lombard General Insurance Company Executive Officer Salary 2 - 5 years exp. (3 salaries)	₹1.5 L/yr - ₹2 L/yr 47% less
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Executive Officer salary at Reliance Nippon Life Insurance ranges between ₹3 Lakhs to ₹3.9 Lakhs per year for employees with experience between 3 years to 4 years. Salary estimates are based on 3 latest salaries received from various employees of Reliance Nippon Life Insurance.

Experience wise Reliance Nippon Life Insurance Executive Officer salaries

Last Updated: 8 Aug 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.9 L/yr
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4 years (AmbitionBox Estimate)	₹3 L/yr - ₹5.7 L/yr

Similar Designation salaries in Reliance Nippon Life Insurance

Officer Salary

(3 salaries)

₹1.8 L/yr - ₹6.2 L/yr

Deputy Manager Salary

(64 salaries)

₹3.7 L/yr - ₹12.42 L/yr

Software Tester Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.8 L/yr

Software Engineer Salary

(7 salaries)

₹1 L/yr - ₹3.22 L/yr

Quality Analyst Salary

(3 salaries)

₹1.4 L/yr - ₹3.5 L/yr

Chemist Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Salary related reviews for Reliance Nippon Life Insurance

Senior Territory Manager in Lucknow

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

Salary - Poor

+6 more

Agency Development Manager in Kolkata

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 .

Salary - Bad

+6 more

Assistant Branch Manager in Kolkata

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

Salary - Bad

+5 more

Key Relationship Manager in Jammu

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.

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 .

Promotions - Poor

Executive Territory Manager in Almora

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

Dislikes

Many dislikes which I mention in like section

Salary - Poor

+5 more

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Reliance Nippon Life Insurance Executive Officer Salary FAQs

How the salary growth look like for a Executive Officer at Reliance Nippon Life Insurance in India?

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

Experience	Average Salary Range
3 years	₹3.0 Lakhs to ₹3.9 Lakhs per year
4 years	₹3.0 Lakhs to ₹5.7 Lakhs per year

and so on.

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Reliance Nippon Life Insurance Executive Officer Salaries

Reliance Nippon Life Insurance Executive Officer salary in India ranges between ₹3 Lakhs to ₹3.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.