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Reliance Nippon Life Insurance Executive Relationship Manager salaries in Mumbai (Updated 2025)

Annual salary range
2 - 8 years exp.
₹3 Lakhs - ₹4 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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6% less than the average Executive Relationship Manager Salary in Insurance Companies for 2 - 8 years of experience

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Salaries in different departments

Sales & Business Development
Executive Relationship Manager Salary
5 - 8 years exp. (3 salaries)
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₹3.4 L/yr - ₹3.6 L/yr

Human Resources
Executive Relationship Manager Salary
5 years exp. (AmbitionBox Estimate)
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₹3.4 L/yr - ₹3.6 L/yr

BFSI, Investments & Trading
Executive Relationship Manager Salary
6 years exp. (AmbitionBox Estimate)
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₹3.4 L/yr - ₹3.6 L/yr

Customer Success, Service & Operations
Executive Relationship Manager Salary
7 years exp. (AmbitionBox Estimate)
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₹3.4 L/yr - ₹4 L/yr

Last Updated: 21 Feb 2025

Companies similar to Reliance Nippon Life Insurance for Executive Relationship Manager in Mumbai

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Reliance Nippon Life Insurance Executive Relationship Manager Salary

2 - 8 years exp. (9 salaries)

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₹3 L/yr - ₹4 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹2.8 L/yr - ₹4.1 L/yr

arrow icon 5% more
14 job openings
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₹4 L/yr - ₹5.5 L/yr

arrow icon 42% more
5 job openings
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₹3 L/yr - ₹4 L/yr

arrow icon 10% less
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₹4.8 L/yr - ₹5.7 L/yr

arrow icon 39% more
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₹2 L/yr - ₹3 L/yr

arrow icon 28% less
Executive Relationship Manager salary at Reliance Nippon Life Insurance ranges between ₹3 Lakhs to ₹4 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 9 latest salaries received from various employees of Reliance Nippon Life Insurance.

Latest annual salaries shared by Reliance Nippon Life Insurance Executive Relationship Manager in Mumbai

1mo ago
₹3 Lakhs
2 years exp.
5mo ago
₹4 Lakhs
7 years exp.
1y ago
₹3.6 Lakhs
8 years exp.

Experience wise Reliance Nippon Life Insurance Executive Relationship Manager salaries in Mumbai

Last Updated: 21 Feb 2025

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹3.1 L/yr - ₹4 L/yr
3 years (AmbitionBox Estimate)

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₹3.1 L/yr - ₹4 L/yr
4 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4.1 L/yr
5 years  (3 salaries)

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₹1.4 L/yr - ₹3.6 L/yr
6 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4.1 L/yr
View all

Similar Designation salaries in Reliance Nippon Life Insurance

Deputy Manager Salary
(53 salaries)
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₹3.7 L/yr - ₹14.37 L/yr
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₹2.6 L/yr - ₹3.6 L/yr
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₹2 L/yr - ₹3.6 L/yr
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₹4 L/yr - ₹6 L/yr

Salary related reviews for Reliance Nippon Life Insurance

4.0

Rated by 1 employees for salary & benefits

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

read more
  • Salary - Excellent
  • +5 more

Dislikes

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

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

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

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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

Banca channel Department

5.0
  •  posted on 04 May 2019

4.0
 for  Salary and Benefits

Likes

The staff was very good, specially the CLM (Umesh Jadhav). The CLM was vert supporting and was always available for me. The training was also effective as I learned new things and also came to know about the market. Policies was also good and the returns were also high to the customer. I just want to say the overall experience was superb.

read more
  • Salary - Good
  • +6 more

Dislikes

There were salary issues. Still some of my PAID LEAVES are not paid in my last salary.

read more

Sales & Business Development Department

4.0
  •  posted on 18 Oct 2018

4.0
 for  Salary and Benefits

Likes

Reliance Nippon life insurance is one of the Prestigious Company In India with huge employees & advisor network, thousands of Branches all over the Nation. Well, one of I like about this company is their learning & skill development tools/aaps.

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  • Salary - Good
  • +6 more

Dislikes

...tion level, HR level also not active so its create strong connectivity problem . Salary structure is very poor, payslip & offerletter's CTC are different. Branch Manager's expectations some times very challenging & hard for Sales team. Company's android Applications (apps) many of times not working properly, so it's hard to make productive. Depends on aforesaid circumstances these are my own & personal opinion/ believe.

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Reliance Nippon Life Insurance Executive Relationship Manager Salary FAQs

What is the salary of Executive Relationship Manager at Reliance Nippon Life Insurance in Mumbai?
The average salary of a Executive Relationship Manager at Reliance Nippon Life Insurance in Mumbai typically ranges from ₹3.0 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 2 years to 8 years).

The top 10% of Executive Relationship Manager in Mumbai at Reliance Nippon Life Insurance earn more than ₹3.8 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Executive Relationship 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 9 Reliance Nippon Life Insurance employees in India.
What is the estimated take home salary of a Executive Relationship Manager at Reliance Nippon Life Insurance in Mumbai?
The estimated take-home salary of a Executive Relationship Manager at Reliance Nippon Life Insurance in Mumbai typically ranges from ₹25,868 to ₹27,294 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from 2 years to 8 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 9 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 Executive Relationship Manager in India?
Tata AIA Life Insurance ₹4.0 Lakhs to ₹5.5 Lakhs per year
Kotak Mahindara Life Insurance ₹4.8 Lakhs to ₹5.7 Lakhs per year
Bajaj Allianz Life Insurance ₹2.8 Lakhs to ₹4.1 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 Executive Relationship Manager in companies similar to Reliance Nippon Life Insurance in Mumbai?
The salary of a Executive Relationship Manager at companies similar to Reliance Nippon Life Insurance in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Aditya Birla Sun Life Insurance ₹3.0 Lakhs to ₹4.0 Lakhs per year
Motilal Oswal Financial Services ₹2.0 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 Executive Relationship Manager at Reliance Nippon Life Insurance in Mumbai?
The salary growth for a Executive Relationship Manager at Reliance Nippon Life Insurance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Executive Relationship Manager in Mumbai can expect the following growth trajectory at Reliance Nippon Life Insurance:

Experience Average Salary Range
2 years ₹3.1 Lakhs to ₹4.0 Lakhs per year
3 years ₹3.1 Lakhs to ₹4.0 Lakhs per year
4 years ₹3.2 Lakhs to ₹4.1 Lakhs per year
5 years ₹1.4 Lakhs to ₹3.6 Lakhs per year
and so on.

Tell us how to improve this page.

Reliance Nippon Life Insurance Executive Relationship Manager salary in Mumbai ranges between ₹3 Lakhs to ₹4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 9 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.