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Reliance Nippon Life Insurance Insurance Agent salaries in India

Annual salary range
0 - 3 years exp.
₹1.2 Lakh - ₹6.5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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20% more than the average Insurance Agent Salary in Insurance Companies for 0 - 3 years of experience

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Salaries in different departments

Sales & Business Development
Insurance Agent Salary
1 year exp. (AmbitionBox Estimate)
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₹3.2 L/yr - ₹3.9 L/yr

Administration & Facilities
Insurance Agent Salary
Fresher (AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.6 L/yr

Consulting
Insurance Agent Salary
2 years exp. (AmbitionBox Estimate)
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₹5.9 L/yr - ₹7.2 L/yr

Teaching & Training
Insurance Agent Salary
Fresher (AmbitionBox Estimate)
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₹1.1 L/yr - ₹1.3 L/yr

Last Updated: 6 Dec 2024

Companies similar to Reliance Nippon Life Insurance for Insurance Agent

Company name Avg Annual Salary Open Jobs
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HDFC Life Insurance Agent Salary

0 - 1 year exp. (5 salaries)

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₹0.5 L/yr - ₹3 L/yr

arrow icon 24% less
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₹1.2 L/yr - ₹3 L/yr

arrow icon 24% less
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₹0.6 L/yr - ₹5 L/yr

arrow icon 3% more
1 job opening
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₹0.6 L/yr - ₹5 L/yr

arrow icon 12% less
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PNB MetLife Insurance Agent Salary

0 - 1 year exp. (4 salaries)

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₹1 L/yr - ₹3.6 L/yr

arrow icon 20% less
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₹2 L/yr - ₹3 L/yr

arrow icon 23% less
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₹1.2 L/yr - ₹3.5 L/yr

arrow icon 3% more
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₹2.4 L/yr - ₹3.5 L/yr

At par
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₹1 L/yr - ₹1.8 L/yr

arrow icon 49% less
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MetLife Insurance Agent Salary

0 - 5 years exp. (4 salaries)

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₹0.6 L/yr - ₹3 L/yr

arrow icon 31% less
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₹1.1 L/yr - ₹2.5 L/yr

arrow icon 27% less
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Shriram Life Insurance Insurance Agent Salary

2 - 12 years exp. (3 salaries)

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₹1 L/yr - ₹2.8 L/yr

arrow icon 31% less
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SBI General Insurance Insurance Agent Salary

0 - 3 years exp. (3 salaries)

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₹1.6 L/yr - ₹2.2 L/yr

arrow icon 32% less
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Care Health Insurance Insurance Agent Salary

1 - 4 years exp. (3 salaries)

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₹2 L/yr - ₹6 L/yr

arrow icon 38% more
Insurance Agent salary at Reliance Nippon Life Insurance ranges between ₹1.2 Lakh to ₹6.5 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 6 latest salaries received from various employees of Reliance Nippon Life Insurance.

Latest annual salaries shared by Reliance Nippon Life Insurance Insurance Agent

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Experience wise Reliance Nippon Life Insurance Insurance Agent salaries

Last Updated: 6 Dec 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹1.2 L/yr - ₹2.4 L/yr
1 year (AmbitionBox Estimate)

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₹1.8 L/yr - ₹3.5 L/yr
2 years (AmbitionBox Estimate)

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₹1.2 L/yr - ₹6.5 L/yr
3 years (AmbitionBox Estimate)

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₹1.5 L/yr - ₹6.1 L/yr

Similar Designation salaries in Reliance Nippon Life Insurance

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₹1.5 L/yr - ₹3.6 L/yr
LIC Agent Salary
(AmbitionBox Estimate)
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₹0.1 L/yr - ₹0.1 L/yr
Agent Salary
(4 salaries)
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₹2.29 L/yr - ₹2.4 L/yr
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₹0.5 L/yr - ₹6 L/yr
Deputy Manager Salary
(64 salaries)
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₹3.7 L/yr - ₹12.42 L/yr
Sales Manager Salary
(249 salaries)
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₹1.2 L/yr - ₹6 L/yr
Supervisor Salary
(3 salaries)
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₹1.8 L/yr - ₹6.2 L/yr
Sales Executive Salary
(141 salaries)
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₹0.95 L/yr - ₹4.6 L/yr
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₹1.75 L/yr - ₹2.8 L/yr
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₹1.1 L/yr - ₹2.4 L/yr

Salary related reviews for Reliance Nippon Life Insurance

5.0

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

read more

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

Life Insurance Department

5.0
  •  posted on 23 Apr 2022

5.0
 for  Salary and Benefits

Likes

It is won

  • Salary - Excellent
  • +6 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joiners

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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.

read more
  • 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.

read more
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Reliance Nippon Life Insurance Insurance Agent Salary FAQs

What is the salary of Insurance Agent at Reliance Nippon Life Insurance?
Insurance Agent salary at Reliance Nippon Life Insurance in India ranges between ₹1.2 Lakhs to ₹6.5 Lakhs for less than 1 year of experience to 3 years. According to our estimates it is 20% more than the average Insurance Agent Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Reliance Nippon Life Insurance India.
How does the salary of a Insurance Agent at Reliance Nippon Life Insurance India compare with the average salary range for this job?
The average salary of a Insurance Agent at Reliance Nippon Life Insurance is 20% more than the average salary of a Insurance Agent in India. To know exact salary insights, login to view.
Which similar companies are paying more than Reliance Nippon Life Insurance to a Insurance Agent in India?
  • Care Health Insurance Insurance Agent Salary - ₹2.0 Lakhs to ₹6.0 Lakhs per year
  • United India Insurance Company Insurance Agent Salary - ₹1.2 Lakhs to ₹3.5 Lakhs per year
  • Kotak Mahindara Life Insurance Insurance Agent Salary - ₹0.6 Lakhs to ₹5.0 Lakhs per year
  • The Oriental Insurance Co. Insurance Agent Salary - ₹2.4 Lakhs to ₹3.5 Lakhs per year
What is the salary of a Insurance Agent in companies similar to Reliance Nippon Life Insurance in India?
  • Life Insurance Corporation of India Insurance Agent Salary - ₹0.6 Lakhs to ₹5.0 Lakhs per year
  • PNB MetLife Insurance Agent Salary - ₹1.0 Lakhs to ₹3.6 Lakhs per year
  • The New India Assurance Co. Insurance Agent Salary - ₹2.0 Lakhs to ₹3.0 Lakhs per year
  • HDFC Life Insurance Agent Salary - ₹0.5 Lakhs to ₹3.0 Lakhs per year
  • Bajaj Allianz Life Insurance Insurance Agent Salary - ₹1.2 Lakhs to ₹3.0 Lakhs per year
What is the estimated take home salary of a Insurance Agent at Reliance Nippon Life Insurance in India?
The estimated take-home salary of a Insurance Agent at Reliance Nippon Life Insurance ranges between ₹19,751 per month to ₹21,418 per month in India. The take-home salary calculation is based on the average Reliance Nippon Life Insurance Insurance Agent salary in India which ranges between ₹1.2 Lakhs to ₹6.5 Lakhs per year for employees with less than 1 year of experience to 3 years. Check how did we calculate take home salary?
What is the notice period for Insurance Agent at Reliance Nippon Life Insurance?
According to AmbitionBox, 83% of the Reliance Nippon Life Insurance Insurance Agents reported a notice period of 1 Month, 17% reported a notice period of 15 days or less.This is based on 6 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Reliance Nippon Life Insurance Insurance Agent salary in India ranges between ₹1.2 Lakh to ₹6.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.