Reliance Nippon Life Insurance Insurance Adviser Salaries by 20+ Employees (Updated 2025)

1 - 6 years exp.

₹1 Lakh - ₹3 Lakhs

Avg. annual salary

Monthly In-hand Salary

31% less than the average Insurance Adviser Salary in Insurance Companies for 1 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Insurance Adviser Salary 1 - 4 years exp. (5 salaries)	₹1 L/yr - ₹1.9 L/yr
Sales & Business Development Insurance Adviser Salary 2 - 6 years exp. (3 salaries)	₹1 L/yr - ₹3 L/yr
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Customer Success, Service & Operations Insurance Adviser Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹3 L/yr
Marketing & Communication Insurance Adviser Salary 2 years exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr
Environment Health & Safety Insurance Adviser Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr

View all

Last Updated: 31 Jan 2025

Companies similar to Reliance Nippon Life Insurance for Insurance Adviser

Company name	Avg Annual Salary	Open Jobs
Life Insurance Corporation of India Insurance Adviser Salary 1 - 20 years exp. (299 salaries)	₹0.9 L/yr - ₹7.5 L/yr 55% more
SBI Life Insurance Company Insurance Adviser Salary 0 - 6 years exp. (172 salaries)	₹1 L/yr - ₹5.5 L/yr 41% more
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ICICI Prudential Life Insurance Insurance Adviser Salary 0 - 6 years exp. (88 salaries)	₹1 L/yr - ₹6.5 L/yr 33% more
HDFC Life Insurance Adviser Salary 1 - 8 years exp. (68 salaries)	₹1 L/yr - ₹5.3 L/yr 58% more
Star Health & Allied Insurance Insurance Adviser Salary 0 - 10 years exp. (64 salaries)	₹0.8 L/yr - ₹7.5 L/yr 51% more
Axis Max Life Insurance Insurance Adviser Salary 0 - 6 years exp. (46 salaries)	₹1 L/yr - ₹5.8 L/yr 27% more	1 job opening
Bajaj Allianz Life Insurance Insurance Adviser Salary 0 - 6 years exp. (40 salaries)	₹1.1 L/yr - ₹5 L/yr 47% more
The New India Assurance Co. Insurance Adviser Salary 2 - 10 years exp. (38 salaries)	₹1.3 L/yr - ₹5.5 L/yr 57% more
Aditya Birla Sun Life Insurance Insurance Adviser Salary 0 - 10 years exp. (36 salaries)	₹1 L/yr - ₹5.5 L/yr 52% more
HDFC Ergo General Insurance Insurance Adviser Salary 0 - 10 years exp. (36 salaries)	₹1.5 L/yr - ₹5.8 L/yr 81% more
United India Insurance Company Insurance Adviser Salary 2 - 10 years exp. (26 salaries)	₹1 L/yr - ₹5.5 L/yr 33% more
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Tata AIA Life Insurance Insurance Adviser Salary 1 - 8 years exp. (25 salaries)	₹1 L/yr - ₹4 L/yr 36% more
ICICI Lombard General Insurance Company Insurance Adviser Salary 0 - 8 years exp. (24 salaries)	₹1.8 L/yr - ₹4.5 L/yr 35% more
Kotak Mahindara Life Insurance Insurance Adviser Salary 0 - 10 years exp. (21 salaries)	₹0.9 L/yr - ₹7.2 L/yr 63% more
Bajaj Allianz General Insurance Insurance Adviser Salary 1 - 8 years exp. (21 salaries)	₹1.4 L/yr - ₹4.2 L/yr 37% more
PNB MetLife Insurance Adviser Salary 1 - 7 years exp. (21 salaries)	₹0.6 L/yr - ₹4.2 L/yr 35% more
The Oriental Insurance Co. Insurance Adviser Salary 0 - 10 years exp. (14 salaries)	₹1.2 L/yr - ₹3.6 L/yr 10% more
Aditya Birla Health Insurance Co Insurance Adviser Salary 2 - 9 years exp. (4 salaries)	₹2 L/yr - ₹3.6 L/yr 46% more
MetLife Insurance Adviser Salary 0 - 3 years exp. (3 salaries)	₹3.1 L/yr - ₹4 L/yr 81% more
Shriram Life Insurance Insurance Adviser Salary 2 - 6 years exp. (3 salaries)	₹2.7 L/yr - ₹3.2 L/yr 36% more

Insurance Adviser salary at Reliance Nippon Life Insurance ranges between ₹1 Lakh to ₹3 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 28 latest salaries received from various employees of Reliance Nippon Life Insurance.

Experience wise Reliance Nippon Life Insurance Insurance Adviser salaries

Last Updated: 31 Jan 2025

Experience	Avg Annual Salary
1 year (6 salaries)	₹1 L/yr - ₹2.1 L/yr
2 years (10 salaries)	₹1 L/yr - ₹3 L/yr
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3 years (5 salaries)	₹1 L/yr - ₹3 L/yr
4 years (4 salaries)	₹1 L/yr - ₹3 L/yr
5 years (AmbitionBox Estimate)	₹1 L/yr - ₹3.7 L/yr
6 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹2.2 L/yr

View all

From

Insurance Adviser

₹

Lakhs/yr

1 - 6 years exp.

BDM

₹

Lakhs/yr

3 - 6 years exp.

Insurance Adviser

1 - 6 years exp.

Sales Manager

0 - 10 years exp.

50% hike

Senior Sales Manager

1 - 9 years exp.

4% hike

From

View 4 more levels

Insurance Adviser

1 - 6 years exp.

Senior Branch Manager

7 - 17 years exp.

From

View 4 more levels

Insurance Adviser

1 - 6 years exp.

Cluster Head

12 - 19 years exp.

From

View 4 more levels

Insurance Adviser

1 - 6 years exp.

Senior Territory Manager

9 - 22 years exp.

From

View 4 more levels

Insurance Adviser

1 - 6 years exp.

Cluster Manager

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.

Salary related reviews for Reliance Nippon Life Insurance

3.4

Rated by 9 employees for salary & benefits

Life Insurance Advisor in Indore

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 16 Mar 2025

2.0

for Salary and Benefits

Likes

I have a love-hate relationship with working here because I learn something new every day. Whether it’s the latest updates, training sessions, new products, or communication skills training, there’s always something valuable to gain. Plus, the amazing deals make it even better. As I’m so comfortable too cuz of good faculty and better understanding between colleagues and senior staff that helps me very well to manage home and office both

Skill development - Excellent

+4 more

Dislikes

...n. Promotion is extremely difficult to achieve, and there is a risk of demotion. Additionally, salary increases are minimal and progress very slowly, which can be discouraging for those looking to advance financially.

Salary - Poor

+1 more

Head Human Resources in Mumbai

Full Time

Human Resources Department

1.0

• posted on 07 Feb 2025

2.0

for Salary and Benefits

Likes

Nothing as such. Old people having good knowledge but the current management doe’s let them work.

Dislikes

They have a policy of deducting salary of Sales executives from the 2nd month on non achieving of targets from doj. Which is terrible. Salary not getting credited on time. Demotions happens if not working well for 1 month even. Worst place to work.

Salary - Poor

+6 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

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Reliance Nippon Life Insurance Insurance Adviser Salary FAQs

What is the salary of Insurance Adviser at Reliance Nippon Life Insurance ?

The average salary of a Insurance Adviser at Reliance Nippon Life Insurance in India typically ranges from ₹1.0 Lakhs to ₹3.0 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Insurance Adviser at Reliance Nippon Life Insurance earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Insurance Adviser 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 20+ Reliance Nippon Life Insurance employees in India.

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

The estimated take-home salary of a Insurance Adviser at Reliance Nippon Life Insurance in India typically ranges from ₹14,033 to ₹15,517 per month. This is based on the average salary range of ₹1.0 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from 1 year to 6 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 20+ 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 Insurance Adviser in India?

HDFC Ergo General Insurance	₹1.5 Lakhs to ₹5.8 Lakhs per year
MetLife	₹3.1 Lakhs to ₹4.0 Lakhs per year
Kotak Mahindara Life Insurance	₹0.9 Lakhs to ₹7.2 Lakhs per year
HDFC Life	₹1.0 Lakhs to ₹5.3 Lakhs per year
The New India Assurance Co.	₹1.3 Lakhs to ₹5.5 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 Insurance Adviser in companies similar to Reliance Nippon Life Insurance in India?

The salary of a Insurance Adviser at companies similar to Reliance Nippon Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Life Insurance Corporation of India	₹0.9 Lakhs to ₹7.5 Lakhs per year
Aditya Birla Sun Life Insurance	₹1.0 Lakhs to ₹5.5 Lakhs per year
Star Health & Allied Insurance	₹0.8 Lakhs to ₹7.5 Lakhs per year
Bajaj Allianz Life Insurance	₹1.1 Lakhs to ₹5.0 Lakhs per year
Aditya Birla Health Insurance Co	₹2.0 Lakhs to ₹3.6 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 Insurance Adviser at Reliance Nippon Life Insurance in India?

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

Experience	Average Salary Range
1 year	₹1.0 Lakhs to ₹2.1 Lakhs per year
2 years	₹1.0 Lakhs to ₹3.0 Lakhs per year
3 years	₹1.0 Lakhs to ₹3.0 Lakhs per year
4 years	₹1.0 Lakhs to ₹3.0 Lakhs per year

and so on.

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Reliance Nippon Life Insurance Insurance Adviser Salaries by Location

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Reliance Nippon Life Insurance Insurance Adviser Salaries

Reliance Nippon Life Insurance Insurance Adviser salary in India ranges between ₹1 Lakh to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 28 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.

Reliance Nippon Life Insurance Insurance Adviser salaries in India (Updated 2025)

Companies similar to Reliance Nippon Life Insurance for Insurance Adviser

Latest annual salaries shared by Reliance Nippon Life Insurance Insurance Adviser

Experience wise Reliance Nippon Life Insurance Insurance Adviser salaries

Salary related reviews for Reliance Nippon Life Insurance

Life Insurance Advisor in Indore

Head Human Resources in Mumbai

Senior Territory Manager in Lucknow

Agency Development Manager in Kolkata

Assistant Branch Manager in Kolkata

Reliance Nippon Life Insurance Insurance Adviser Salary FAQs

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Reliance Nippon Life Insurance Insurance Adviser Salaries by Location