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

Annual salary range
1 - 11 years exp.
₹1.8 Lakh - ₹5 Lakhs
Salary of majority employees
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10% less than the average Insurance Manager Salary in Insurance Companies for 1 - 11 years of experience

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Salaries in different departments

Sales & Business Development
Insurance Manager Salary
1 - 3 years exp. (4 salaries)
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₹3 L/yr - ₹4.3 L/yr

BFSI, Investments & Trading
Insurance Manager Salary
6 - 7 years exp. (AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr

Customer Success, Service & Operations
Insurance Manager Salary
1 - 6 years exp. (AmbitionBox Estimate)
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₹2.4 L/yr - ₹3.2 L/yr

Finance & Accounting
Insurance Manager Salary
3 - 4 years exp. (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.5 L/yr

Last Updated: 6 Feb 2025

Companies similar to Reliance Nippon Life Insurance for Insurance Manager

Company name Avg Annual Salary Open Jobs
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₹2.8 L/yr - ₹5 L/yr

arrow icon 3% less
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HDFC Life Insurance Manager Salary

1 - 6 years exp. (51 salaries)

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₹2.5 L/yr - ₹6 L/yr

arrow icon 4% more
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₹2.5 L/yr - ₹4.5 L/yr

arrow icon 7% more
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Max Life Insurance Insurance Manager Salary

1 - 8 years exp. (25 salaries)

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₹2.3 L/yr - ₹5 L/yr

arrow icon 11% more
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₹1.5 L/yr - ₹6 L/yr

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₹2.5 L/yr - ₹5.9 L/yr

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₹2.6 L/yr - ₹7.7 L/yr

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₹3.3 L/yr - ₹6 L/yr

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PNB MetLife Insurance Manager Salary

1 - 8 years exp. (63 salaries)

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₹0.6 L/yr - ₹5.3 L/yr

arrow icon 5% more
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₹3 L/yr - ₹5 L/yr

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₹2.4 L/yr - ₹8 L/yr

arrow icon 18% more
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Shriram Life Insurance Insurance Manager Salary

2 - 15 years exp. (11 salaries)

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₹1 L/yr - ₹4.5 L/yr

arrow icon 9% less
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₹4 L/yr - ₹9.4 L/yr

arrow icon 67% more
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₹2.4 L/yr - ₹7.5 L/yr

arrow icon 30% more
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₹2.5 L/yr - ₹4.6 L/yr

arrow icon 16% more
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₹3.8 L/yr - ₹4.7 L/yr

arrow icon 18% more
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₹4.3 L/yr - ₹7.3 L/yr

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₹1.2 L/yr - ₹15 L/yr

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Insurance Manager salary at Reliance Nippon Life Insurance ranges between ₹1.8 Lakh to ₹5 Lakhs per year for employees with experience between 1 year to 11 years. Salary estimates are based on 26 latest salaries received from various employees of Reliance Nippon Life Insurance.

Latest annual salaries shared by Reliance Nippon Life Insurance Insurance Manager

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Experience wise Reliance Nippon Life Insurance Insurance Manager salaries

Last Updated: 6 Feb 2025

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹2.5 L/yr - ₹5.5 L/yr
2 years  (5 salaries)

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₹2.4 L/yr - ₹4.5 L/yr
3 years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹3.6 L/yr
4 years  (3 salaries)

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₹1.8 L/yr - ₹4.5 L/yr
5 years (AmbitionBox Estimate)

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₹1.3 L/yr - ₹3.6 L/yr
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Similar Designation salaries in Reliance Nippon Life Insurance

Branch Manager Salary
(195 salaries)
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₹3.75 L/yr - ₹11.5 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.8 L/yr
Area Manager Salary
(63 salaries)
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₹9.5 L/yr - ₹21.4 L/yr
Deputy Manager Salary
(64 salaries)
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₹3.7 L/yr - ₹12.42 L/yr
Sales Manager Salary
(244 salaries)
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₹1.45 L/yr - ₹6 L/yr
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₹1.8 L/yr - ₹5 L/yr
Territory Manager Salary
(100 salaries)
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₹4 L/yr - ₹12 L/yr
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₹2.3 L/yr - ₹7 L/yr
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₹1.8 L/yr - ₹3 L/yr
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₹1.7 L/yr - ₹5.1 L/yr

Salary related reviews for Reliance Nippon Life Insurance

4.9

Rated by 6 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

Sales & Business Development Department

4.0
  •  posted on 23 Jun 2022

5.0
 for  Salary and Benefits

Likes

Good work culture and environment. Transparent management supportive team. Company policies are good, bonus every month.

read more
  • Salary - Excellent
  • +5 more

Dislikes

There is not formal Traning only online tranings and Salary is very low and and its IPM branch.

read more

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.

read more
  • Salary - Poor
  • +3 more

BFSI, Investments & Trading Department

5.0
  •  posted on 27 May 2022

5.0
 for  Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive and the management is transport

  • Salary - Excellent
  • +6 more

Dislikes

There is a lot of policies and the management doesn't adress our issue. Salary is decent but career growth is slow.

read more
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Reliance Nippon Life Insurance Insurance Manager Salary FAQs

What is the salary of Insurance Manager at Reliance Nippon Life Insurance?
Insurance Manager salary at Reliance Nippon Life Insurance in India ranges between ₹1.8 Lakhs to ₹5.0 Lakhs for experience between 1 years to 11 years. According to our estimates it is 10% less than the average Insurance Manager Salary in India. Salary estimates are based on 26 latest salaries received from various employees of Reliance Nippon Life Insurance India.
How does the salary of a Insurance Manager at Reliance Nippon Life Insurance India compare with the average salary range for this job?
The average salary of a Insurance Manager at Reliance Nippon Life Insurance is 10% less than the average salary of a Insurance Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than Reliance Nippon Life Insurance to a Insurance Manager in India?
  • The New India Assurance Co. Insurance Manager Salary - ₹1.2 Lakhs to ₹15.0 Lakhs per year
  • HDFC Ergo General Insurance Insurance Manager Salary - ₹4.0 Lakhs to ₹9.4 Lakhs per year
  • Life Insurance Corporation of India Insurance Manager Salary - ₹3.3 Lakhs to ₹6.0 Lakhs per year
  • SBI General Insurance Insurance Manager Salary - ₹2.4 Lakhs to ₹7.5 Lakhs per year
  • Tata AIA Life Insurance Insurance Manager Salary - ₹2.6 Lakhs to ₹7.7 Lakhs per year
What is the salary of a Insurance Manager in companies similar to Reliance Nippon Life Insurance in India?
  • Star Health & Allied Insurance Insurance Manager Salary - ₹4.3 Lakhs to ₹7.3 Lakhs per year
  • ICICI Lombard General Insurance Company Insurance Manager Salary - ₹2.4 Lakhs to ₹8.0 Lakhs per year
  • Aditya Birla Health Insurance Co Insurance Manager Salary - ₹3.8 Lakhs to ₹4.7 Lakhs per year
  • Bajaj Allianz General Insurance Insurance Manager Salary - ₹2.5 Lakhs to ₹4.6 Lakhs per year
  • Max Life Insurance Insurance Manager Salary - ₹2.3 Lakhs to ₹5.0 Lakhs per year
What is the estimated take home salary of a Insurance Manager at Reliance Nippon Life Insurance in India?
The estimated take-home salary of a Insurance Manager at Reliance Nippon Life Insurance ranges between ₹26,103 per month to ₹27,525 per month in India. The take-home salary calculation is based on the average Reliance Nippon Life Insurance Insurance Manager salary in India which ranges between ₹1.8 Lakhs to ₹5.0 Lakhs per year for employees with experience between 1 years to 11 years. Check how did we calculate take home salary?
What is the notice period for Insurance Manager at Reliance Nippon Life Insurance?
According to AmbitionBox, 79% of the Reliance Nippon Life Insurance Insurance Managers reported a notice period of 15 days or less, 14% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 28 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Reliance Nippon Life Insurance Insurance Manager salary in India ranges between ₹1.8 Lakh to ₹5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 26 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.