Reliance Nippon Life Insurance Financial Advisor Salaries by 10+ Employees

0 - 4 years exp.

₹1.1 Lakh - ₹2.4 Lakhs

Salary of majority employees

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59% less than the average Financial Advisor Salary in Insurance Companies for 0 - 4 years of experience

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Salaries in different departments

Finance & Accounting Financial Advisor Salary 0 - 3 years exp. (3 salaries)	Unlock ₹1.1 L/yr - ₹2 L/yr
Marketing & Communication Financial Advisor Salary 3 years exp. (AmbitionBox Estimate)	Unlock ₹1.5 L/yr - ₹2.2 L/yr
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BFSI, Investments & Trading Financial Advisor Salary 3 years exp. (AmbitionBox Estimate)	Unlock ₹1.5 L/yr - ₹2 L/yr

Last Updated: 19 Dec 2024

Companies similar to Reliance Nippon Life Insurance for Financial Advisor

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Financial Advisor Salary 0 - 7 years exp. (160 salaries)	Unlock ₹0.9 L/yr - ₹6.3 L/yr 74% more
HDFC Life Financial Advisor Salary 0 - 10 years exp. (78 salaries)	Unlock ₹1.2 L/yr - ₹5.5 L/yr 58% more
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SBI Life Insurance Company Financial Advisor Salary 0 - 6 years exp. (47 salaries)	Unlock ₹0.7 L/yr - ₹4.1 L/yr 38% more
Max Life Insurance Financial Advisor Salary 0 - 10 years exp. (111 salaries)	Unlock ₹1 L/yr - ₹8 L/yr 86% more
Kotak Mahindara Life Insurance Financial Advisor Salary 0 - 6 years exp. (40 salaries)	Unlock ₹1 L/yr - ₹8 L/yr 53% more
Tata AIA Life Insurance Financial Advisor Salary 1 - 15 years exp. (23 salaries)	Unlock ₹1.2 L/yr - ₹6 L/yr 111% more
Life Insurance Corporation of India Financial Advisor Salary 0 - 8 years exp. (84 salaries)	Unlock ₹1 L/yr - ₹6 L/yr 37% more
PNB MetLife Financial Advisor Salary 0 - 6 years exp. (19 salaries)	Unlock ₹0.9 L/yr - ₹7.5 L/yr 54% more
Aditya Birla Sun Life Insurance Financial Advisor Salary 0 - 4 years exp. (18 salaries)	Unlock ₹0.6 L/yr - ₹4.1 L/yr 36% more
MetLife Financial Advisor Salary 1 - 4 years exp. (9 salaries)	Unlock ₹1 L/yr - ₹4 L/yr 7% less
Shriram Life Insurance Financial Advisor Salary 0 - 3 years exp. (8 salaries)	Unlock ₹1.7 L/yr - ₹2.5 L/yr 2% less
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Gallagher Financial Advisor Salary 0 - 3 years exp. (4 salaries)	Unlock ₹9 L/yr - ₹13.5 L/yr 455% more
ICICI Lombard General Insurance Company Financial Advisor Salary 2 - 5 years exp. (4 salaries)	Unlock ₹2.2 L/yr - ₹5.5 L/yr 142% more
Star Health & Allied Insurance Financial Advisor Salary 1 - 3 years exp. (4 salaries)	Unlock ₹1.6 L/yr - ₹3.3 L/yr 53% more
Aditya Birla Health Insurance Co Financial Advisor Salary 1 - 6 years exp. (3 salaries)	Unlock ₹1.8 L/yr - ₹2.5 L/yr 3% more

Financial Advisor salary at Reliance Nippon Life Insurance ranges between ₹1.1 Lakh to ₹2.4 Lakhs per year for employees with less than 1 year of experience to 4 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 Financial Advisor

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3 years exp.

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3 years exp.

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3 years exp.

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1 month exp.

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5 months exp.

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3 years exp.

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5 months exp.

Experience wise Reliance Nippon Life Insurance Financial Advisor salaries

Last Updated: 19 Dec 2024

Experience	Avg Annual Salary
Fresher (5 salaries)	Unlock ₹1.2 L/yr - ₹2.4 L/yr
1 year (AmbitionBox Estimate)	Unlock ₹0.8 L/yr - ₹2.4 L/yr
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2 years (3 salaries)	Unlock ₹1.2 L/yr - ₹3.6 L/yr
3 years (5 salaries)	Unlock ₹1.1 L/yr - ₹2.2 L/yr
4 years (AmbitionBox Estimate)	Unlock ₹0.8 L/yr - ₹2.2 L/yr

From

Financial Advisor

₹

Lakhs/yr

0 - 4 years exp.

BDM

₹

Lakhs/yr

3 - 9 years exp.

Financial Advisor

0 - 4 years exp.

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Sales Manager

0 - 10 years exp.

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55% hike

Senior Sales Manager

1 - 9 years exp.

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4% hike

From

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Financial Advisor

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0 - 4 years exp.

Senior Branch Manager

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7 - 17 years exp.

From

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Financial Advisor

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0 - 4 years exp.

Cluster Head

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12 - 19 years exp.

From

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Financial Advisor

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0 - 4 years exp.

Senior Territory Manager

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15 - 23 years exp.

From

View 4 more levels

Financial Advisor

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0 - 4 years exp.

Cluster Manager

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7 - 22 years exp.

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

Financial Analyst Salary

(3 salaries)

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₹3 L/yr - ₹4.1 L/yr

Finance Executive Salary

(5 salaries)

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₹2.6 L/yr - ₹4.2 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

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₹7 L/yr - ₹9 L/yr

Business Analyst Salary

(5 salaries)

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₹3 L/yr - ₹5.02 L/yr

Credit Analyst Salary

(3 salaries)

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₹9 L/yr - ₹12 L/yr

Senior Associate Salary

(6 salaries)

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₹1.75 L/yr - ₹2.8 L/yr

Management Trainee Salary

(4 salaries)

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₹1.5 L/yr - ₹3 L/yr

Research Analyst Salary

(AmbitionBox Estimate)

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₹19.8 L/yr - ₹25.3 L/yr

Team Lead Salary

(43 salaries)

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₹2.4 L/yr - ₹4.6 L/yr

Process Associate Salary

(AmbitionBox Estimate)

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₹2 L/yr - ₹2.5 L/yr

Salary related reviews for Reliance Nippon Life Insurance

1.3

Rated by 5 employees for salary & benefits

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

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

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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Reliance Nippon Life Insurance Financial Advisor Salary FAQs

What is the salary of Financial Advisor at Reliance Nippon Life Insurance?

Financial Advisor salary at Reliance Nippon Life Insurance in India ranges between ₹1.1 Lakhs to ₹2.4 Lakhs for less than 1 year of experience to 4 years. According to our estimates it is 59% less than the average Financial Advisor Salary in India. Salary estimates are based on 15 latest salaries received from various employees of Reliance Nippon Life Insurance India.

How does the salary of a Financial Advisor at Reliance Nippon Life Insurance India compare with the average salary range for this job?

The average salary of a Financial Advisor at Reliance Nippon Life Insurance is 59% less than the average salary of a Financial Advisor in India. To know exact salary insights, login to view.

Which similar companies are paying more than Reliance Nippon Life Insurance to a Financial Advisor in India?

Gallagher Financial Advisor Salary - ₹9.0 Lakhs to ₹13.5 Lakhs per year
ICICI Lombard General Insurance Company Financial Advisor Salary - ₹2.2 Lakhs to ₹5.5 Lakhs per year
Tata AIA Life Insurance Financial Advisor Salary - ₹1.2 Lakhs to ₹6.0 Lakhs per year
Max Life Insurance Financial Advisor Salary - ₹1.0 Lakhs to ₹8.0 Lakhs per year
ICICI Prudential Life Insurance Financial Advisor Salary - ₹0.9 Lakhs to ₹6.3 Lakhs per year

What is the salary of a Financial Advisor in companies similar to Reliance Nippon Life Insurance in India?

HDFC Life Financial Advisor Salary - ₹1.2 Lakhs to ₹5.5 Lakhs per year
PNB MetLife Financial Advisor Salary - ₹0.9 Lakhs to ₹7.5 Lakhs per year
Kotak Mahindara Life Insurance Financial Advisor Salary - ₹1.0 Lakhs to ₹8.0 Lakhs per year
Star Health & Allied Insurance Financial Advisor Salary - ₹1.6 Lakhs to ₹3.3 Lakhs per year
SBI Life Insurance Company Financial Advisor Salary - ₹0.7 Lakhs to ₹4.1 Lakhs per year

What is the estimated take home salary of a Financial Advisor at Reliance Nippon Life Insurance in India?

The estimated take-home salary of a Financial Advisor at Reliance Nippon Life Insurance ranges between ₹13,567 per month to ₹15,011 per month in India. The take-home salary calculation is based on the average Reliance Nippon Life Insurance Financial Advisor salary in India which ranges between ₹1.1 Lakhs to ₹2.4 Lakhs per year for employees with less than 1 year of experience to 4 years. Check how did we calculate take home salary?

What is the notice period for Financial Advisor at Reliance Nippon Life Insurance?

According to AmbitionBox, 58% of the Reliance Nippon Life Insurance Financial Advisors reported a notice period of 15 days or less, 42% reported a notice period of 1 Month.This is based on 12 responses on AmbitionBox in last 2 years.

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Reliance Nippon Life Insurance Financial Advisor Salaries

Reliance Nippon Life Insurance Financial Advisor salary in India ranges between ₹1.1 Lakh to ₹2.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 15 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.