Reliance Nippon Life Insurance Insurance Officer Salaries by 5 Employees (Updated 2024)

0 - 12 years exp.

₹1 Lakh - ₹3.5 Lakhs

Low Confidence

Salary of majority employees

27% less than the average Insurance Officer Salary in Insurance Companies for 0 - 12 years of experience

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Last Updated: 19 Nov 2023

Companies similar to Reliance Nippon Life Insurance for Insurance Officer

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Insurance Officer Salary 0 - 10 years exp. (7 salaries)	₹2.3 L/yr - ₹4.3 L/yr 73% more
HDFC Life Insurance Officer Salary 1 - 4 years exp. (6 salaries)	₹2.5 L/yr - ₹3.2 L/yr 47% more
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Max Life Insurance Insurance Officer Salary 0 - 6 years exp. (5 salaries)	₹2.5 L/yr - ₹4.3 L/yr 62% more
Bajaj Allianz Life Insurance Insurance Officer Salary 0 - 6 years exp. (6 salaries)	₹2 L/yr - ₹4 L/yr 35% more
Tata AIA Life Insurance Insurance Officer Salary 2 - 5 years exp. (4 salaries)	₹2.6 L/yr - ₹4 L/yr 37% more
Life Insurance Corporation of India Insurance Officer Salary 1 - 11 years exp. (6 salaries)	₹1.5 L/yr - ₹8.5 L/yr 200% more
PNB MetLife Insurance Officer Salary 0 - 4 years exp. (32 salaries)	₹1.5 L/yr - ₹4 L/yr 26% more	3 job openings
Aditya Birla Sun Life Insurance Insurance Officer Salary 0 - 3 years exp. (4 salaries)	₹1.3 L/yr - ₹3.5 L/yr 17% more
United India Insurance Company Insurance Officer Salary 1 - 5 years exp. (5 salaries)	₹2 L/yr - ₹3.5 L/yr 26% more
Star Health & Allied Insurance Insurance Officer Salary 1 - 9 years exp. (4 salaries)	₹2 L/yr - ₹3.4 L/yr 25% more
MetLife Insurance Officer Salary 0 - 3 years exp. (3 salaries)	₹2.2 L/yr - ₹3.6 L/yr 37% more
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Shriram Life Insurance Insurance Officer Salary 1 - 6 years exp. (3 salaries)	₹1.5 L/yr - ₹2.8 L/yr 9% more
ICICI Lombard General Insurance Company Insurance Officer Salary 1 - 9 years exp. (3 salaries)	₹1.8 L/yr - ₹4.5 L/yr 34% more
The New India Assurance Co. Insurance Officer Salary 0 - 1 year exp. (3 salaries)	₹1.8 L/yr - ₹2 L/yr 8% less

Insurance Officer salary at Reliance Nippon Life Insurance ranges between ₹1 Lakh to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 12 years. Salary estimates are based on 5 latest salaries received from various employees of Reliance Nippon Life Insurance.

Experience wise Reliance Nippon Life Insurance Insurance Officer salaries

Last Updated: 19 Nov 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1 L/yr - ₹1 L/yr
1 year (AmbitionBox Estimate)	₹1 L/yr - ₹1.3 L/yr
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2 years (AmbitionBox Estimate)	₹0.5 L/yr - ₹1.6 L/yr
3 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.7 L/yr
4 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹1.9 L/yr
5 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.2 L/yr
6 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
7 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr
8 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.4 L/yr
9 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr
10 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3.2 L/yr
11 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
12 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.5 L/yr

View all

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Salary related reviews for Reliance Nippon Life Insurance

4.0

Rated by 2 employees for salary & benefits

Sales Manager in Goalpara

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

Dislikes

The Branch Manager of Goalpara Branch is neither a good leader nor a good human being

Business Development Manager in Kolkata

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

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

Branch Manager in Anantnag

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.

Dislikes

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

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.

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.

Branch Manager in Varanasi

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

Dislikes

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

see more salary related reviews

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Reliance Nippon Life Insurance Insurance Officer Salary FAQs

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

Insurance Officer salary at Reliance Nippon Life Insurance in India ranges between ₹1.0 Lakhs to ₹3.5 Lakhs for less than 1 year of experience to 12 years. According to our estimates it is 27% less than the average Insurance Officer Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Reliance Nippon Life Insurance India.

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

The average salary of a Insurance Officer at Reliance Nippon Life Insurance is 27% less than the average salary of a Insurance Officer in India. To know exact salary insights, login to view.

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

Life Insurance Corporation of India Insurance Officer Salary - ₹1.5 Lakhs to ₹8.5 Lakhs per year
ICICI Prudential Life Insurance Insurance Officer Salary - ₹2.3 Lakhs to ₹4.3 Lakhs per year
Max Life Insurance Insurance Officer Salary - ₹2.5 Lakhs to ₹4.3 Lakhs per year
HDFC Life Insurance Officer Salary - ₹2.5 Lakhs to ₹3.2 Lakhs per year
Tata AIA Life Insurance Insurance Officer Salary - ₹2.6 Lakhs to ₹4.0 Lakhs per year

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

MetLife Insurance Officer Salary - ₹2.2 Lakhs to ₹3.6 Lakhs per year
Bajaj Allianz Life Insurance Insurance Officer Salary - ₹2.0 Lakhs to ₹4.0 Lakhs per year
ICICI Lombard General Insurance Company Insurance Officer Salary - ₹1.8 Lakhs to ₹4.5 Lakhs per year
PNB MetLife Insurance Officer Salary - ₹1.5 Lakhs to ₹4.0 Lakhs per year
United India Insurance Company Insurance Officer Salary - ₹2.0 Lakhs to ₹3.5 Lakhs per year

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

The estimated take-home salary of a Insurance Officer at Reliance Nippon Life Insurance ranges between ₹14,359 per month to ₹15,871 per month in India. The take-home salary calculation is based on the average Reliance Nippon Life Insurance Insurance Officer salary in India which ranges between ₹1.0 Lakhs to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 12 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Reliance Nippon Life Insurance Insurance Officers reported a notice period of More than 3 months.This is based on 1 response on AmbitionBox in last 2 years.

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Reliance Nippon Life Insurance Insurance Officer Salaries

Reliance Nippon Life Insurance Insurance Officer salary in India ranges between ₹1 Lakh to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.