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Reliance Nippon Life Insurance Executive salaries in Mumbai

Annual salary range
1 - 6 years exp.
₹1.5 Lakh - ₹4.2 Lakhs
Salary of majority employees
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42% 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

BFSI, Investments & Trading
Executive Salary
1 - 6 years exp. (AmbitionBox Estimate)
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₹2.2 L/yr - ₹3 L/yr

Human Resources
Executive Salary
1 - 2 years exp. (AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.6 L/yr

Finance & Accounting
Executive Salary
4 years exp. (AmbitionBox Estimate)
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₹2.5 L/yr - ₹2.7 L/yr

Last Updated: 3 Oct 2024

Companies similar to Reliance Nippon Life Insurance for Executive in Mumbai

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Reliance Nippon Life Insurance Executive Salary

1 - 6 years exp. (15 salaries)

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₹1.5 L/yr - ₹4.2 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹1.2 L/yr - ₹4.4 L/yr

arrow icon 11% less
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HDFC Life Executive Salary

0 - 4 years exp. (14 salaries)

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₹2.7 L/yr - ₹5 L/yr

arrow icon 54% more
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SBI Life Insurance Company Executive Salary

2 - 11 years exp. (4 salaries)

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₹3 L/yr - ₹3.8 L/yr

arrow icon 28% more
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₹3.3 L/yr - ₹4.6 L/yr

arrow icon 43% more
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₹1.5 L/yr - ₹4.4 L/yr

arrow icon 16% more
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Tata AIA Life Insurance Executive Salary

2 - 11 years exp. (60 salaries)

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₹2.3 L/yr - ₹6.5 L/yr

arrow icon 71% more
2 job openings
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PNB MetLife Executive Salary

0 - 6 years exp. (13 salaries)

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₹2 L/yr - ₹3.6 L/yr

arrow icon 4% more
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₹1.8 L/yr - ₹3.2 L/yr

arrow icon 7% less
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SBI General Insurance Executive Salary

0 - 8 years exp. (62 salaries)

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₹2 L/yr - ₹5 L/yr

arrow icon 29% more
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HDFC Ergo General Insurance Executive Salary

0 - 7 years exp. (33 salaries)

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₹1.7 L/yr - ₹4.7 L/yr

arrow icon 26% more
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₹2.5 L/yr - ₹3.6 L/yr

arrow icon 14% more
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₹1.8 L/yr - ₹5.8 L/yr

arrow icon 20% more
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₹2.2 L/yr - ₹5.2 L/yr

arrow icon 18% more
Executive salary at Reliance Nippon Life Insurance ranges between ₹1.5 Lakh to ₹4.2 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 15 latest salaries received from various employees of Reliance Nippon Life Insurance.

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

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Experience wise Reliance Nippon Life Insurance Executive salaries in Mumbai

Last Updated: 3 Oct 2024

Experience Avg Annual Salary
1 year  (3 salaries)

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₹2.3 L/yr - ₹3 L/yr
2 years  (5 salaries)

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

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₹2.4 L/yr - ₹3.1 L/yr
4 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹4.8 L/yr
5 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹3.2 L/yr
View all

Similar Designation salaries in Reliance Nippon Life Insurance

Deputy Manager Salary
(50 salaries)
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₹3.7 L/yr - ₹12 L/yr

Salary related reviews for Reliance Nippon Life Insurance

2.0

Rated by 1 employees for salary & benefits

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

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

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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.

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Dislikes

There is no appraisal criteria here. Only way to increase your salary is tthrough promotions and which sometime is difficult to achieve .

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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

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Dislikes

Many dislikes which I mention in like section

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 09 Jun 2023

3.0
 for  Salary and Benefits

Likes

I am working in Face to Face channel that concept is good & that channel work on women Empowerment when I hired that women & groom also that movement feel good when she earn self respect from society. Salary always give on time.

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Dislikes

Salary package less Promotion option Nil On Festival like Diwali even not give single rupee gift even . PLI stop from last year No support on Stationery & Housekeeping materials.

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Reliance Nippon Life Insurance Executive Salary FAQs

What is the salary of Executive at Reliance Nippon Life Insurance Mumbai?
Executive salary at Reliance Nippon Life Insurance in Mumbai ranges between ₹1.5 Lakhs to ₹4.2 Lakhs for experience between 1 years to 6 years. According to our estimates it is 42% less than the average Executive Salary in India. Salary estimates are based on 15 latest salaries received from various employees of Reliance Nippon Life Insurance Mumbai.
How does the salary of a Executive at Reliance Nippon Life Insurance Mumbai compare with the average salary range for this job?
The average salary of a Executive at Reliance Nippon Life Insurance is 42% less than the average salary of a Executive in Mumbai. To know exact salary insights, login to view.
Which similar companies are paying more than Reliance Nippon Life Insurance to a Executive in Mumbai?
  • Tata AIA Life Insurance Executive Salary - ₹2.3 Lakhs to ₹6.5 Lakhs per year
  • HDFC Life Executive Salary - ₹2.7 Lakhs to ₹5.0 Lakhs per year
  • Bajaj Allianz Life Insurance Executive Salary - ₹3.3 Lakhs to ₹4.6 Lakhs per year
  • SBI General Insurance Executive Salary - ₹2.0 Lakhs to ₹5.0 Lakhs per year
  • SBI Life Insurance Company Executive Salary - ₹3.0 Lakhs to ₹3.8 Lakhs per year
What is the salary of a Executive in companies similar to Reliance Nippon Life Insurance in Mumbai?
  • HDFC Ergo General Insurance Executive Salary - ₹1.7 Lakhs to ₹4.7 Lakhs per year
  • ICICI Lombard General Insurance Company Executive Salary - ₹1.8 Lakhs to ₹5.8 Lakhs per year
  • Star Health & Allied Insurance Executive Salary - ₹2.2 Lakhs to ₹5.2 Lakhs per year
  • Kotak Mahindara Life Insurance Executive Salary - ₹1.5 Lakhs to ₹4.4 Lakhs per year
  • Aditya Birla Health Insurance Co Executive Salary - ₹2.5 Lakhs to ₹3.6 Lakhs per year
What is the estimated take home salary of a Executive at Reliance Nippon Life Insurance in Mumbai?
The estimated take-home salary of a Executive at Reliance Nippon Life Insurance ranges between ₹18,931 per month to ₹20,611 per month in Mumbai. 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 ₹4.2 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 in Mumbai?
According to AmbitionBox, 50% of the Reliance Nippon Life Insurance Executives in Mumbai 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 10 responses on AmbitionBox in last 2 years.

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Reliance Nippon Life Insurance Executive salary in Mumbai ranges between ₹1.5 Lakh to ₹4.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 15 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.