Reliance Nippon Life Insurance Key Business Manager Salaries by 10+ Employees

4 - 16 years exp.

₹4.8 Lakhs - ₹8 Lakhs

Avg. annual salary

Monthly In-hand Salary

7% less than the average Key Business Manager Salary in Insurance Companies for 4 - 16 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Key Business Manager Salary 4 - 14 years exp. (12 salaries)	₹4.8 L/yr - ₹8 L/yr
Login to view exact salary
Sales & Business Development Key Business Manager Salary 15 - 16 years exp. (3 salaries)	₹6 L/yr - ₹8 L/yr

Last Updated: 16 Mar 2023

Companies similar to Reliance Nippon Life Insurance for Key Business Manager

Company name	Avg Annual Salary	Open Jobs
Niva Bupa Health Insurance Company Key Business Manager Salary 5 - 12 years exp. (5 salaries)	₹4.7 L/yr - ₹5.3 L/yr 23% less
Metropolis Healthcare Key Business Manager Salary 7 - 11 years exp. (4 salaries)	₹6.1 L/yr - ₹9.2 L/yr 15% more
Login to view exact salary
Green Gene Enviro Protection And Infrastructure Key Business Manager Salary 12 - 17 years exp. (4 salaries)	₹10.7 L/yr - ₹13.7 L/yr 83% more
IBM Key Business Manager Salary 2 - 15 years exp. (3 salaries)	₹15.4 L/yr - ₹29 L/yr 277% more
NoBroker Key Business Manager Salary 1 - 3 years exp. (3 salaries)	₹5.6 L/yr - ₹7.1 L/yr 4% less

Key Business Manager salary at Reliance Nippon Life Insurance ranges between ₹4.8 Lakhs to ₹8 Lakhs per year for employees with experience between 4 years to 16 years. Salary estimates are based on 16 latest salaries received from various employees of Reliance Nippon Life Insurance.

Latest annual salaries shared by Reliance Nippon Life Insurance Key Business Manager

1y ago

₹8 Lakhs

14 years exp.

1y ago

₹6.5 Lakhs

6 years exp.

1y ago

₹6 Lakhs

5 years exp.

1y ago

₹4.8 Lakhs

4 years exp.

1y ago

₹7.4 Lakhs

10 years exp.

1y ago

8 years exp.

1y ago

15 years exp.

1y ago

15 years exp.

1y ago

6 years exp.

1y ago

12 years exp.

Experience wise Reliance Nippon Life Insurance Key Business Manager salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹10.7 L/yr
5 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹10.8 L/yr
Login to view exact salary
6 years (3 salaries)	₹4.8 L/yr - ₹6.5 L/yr
7 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.1 L/yr
8 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹11.3 L/yr
9 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
10 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹7.4 L/yr
11 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹7.4 L/yr
12 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹7.4 L/yr
13 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
14 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹8 L/yr
15+ years (3 salaries)	₹6 L/yr - ₹8 L/yr

View all

Similar Designation salaries in Reliance Nippon Life Insurance

Business Manager Salary

(AmbitionBox Estimate)

₹3 L/yr - ₹3.8 L/yr

Area Sales Manager Salary

(18 salaries)

₹1.8 L/yr - ₹5 L/yr

Senior Sales Manager Salary

(56 salaries)

₹2.25 L/yr - ₹5 L/yr

Marketing Manager Salary

(9 salaries)

₹1.5 L/yr - ₹3 L/yr

Deputy Manager Salary

(64 salaries)

₹3.7 L/yr - ₹12.42 L/yr

Sales Manager Salary

(243 salaries)

₹1.5 L/yr - ₹5 L/yr

Relationship Manager Salary

(195 salaries)

₹1.7 L/yr - ₹6 L/yr

Senior Accounts Manager Salary

(AmbitionBox Estimate)

₹14.2 L/yr - ₹18.2 L/yr

Territory Sales Manager Salary

(4 salaries)

₹6.5 L/yr - ₹7 L/yr

Assistant Sales Manager Salary

(53 salaries)

₹1.79 L/yr - ₹3 L/yr

Salary related reviews for Reliance Nippon Life Insurance

3.6

Rated by 4 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

Salary - Excellent

+5 more

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

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

Salary - Poor

+3 more

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

Relationship Manager in New Delhi

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

Dislikes

No compensation for home visit like petrol expanse in 30k salary we need to visit customer home for meeting on own expense

Job security - Poor

+4 more

Sales Executive in Lucknow

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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

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?

Got a question about Reliance Nippon Life Insurance?

Ask anonymously on communities.

Reliance Nippon Life Insurance Key Business Manager Salary FAQs

What is the salary of Key Business Manager at Reliance Nippon Life Insurance ?

The average salary of a Key Business Manager at Reliance Nippon Life Insurance in India typically ranges from ₹4.8 Lakhs to ₹8.0 Lakhs per year, depending on experience (from 4 years to 16 years).

The top 10% of Key Business Manager at Reliance Nippon Life Insurance earn more than ₹7.9 Lakhs per year, and the top 1% earn over ₹8.0 Lakhs per year. Key Business Manager 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 10+ Reliance Nippon Life Insurance employees in India.

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

The estimated take-home salary of a Key Business Manager at Reliance Nippon Life Insurance in India typically ranges from ₹49,537 to ₹50,707 per month. This is based on the average salary range of ₹4.8 Lakhs to ₹8.0 Lakhs per year for employees with experience ranging from 4 years to 16 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 10+ 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 Key Business Manager in India?

IBM	₹15.4 Lakhs to ₹29.0 Lakhs per year
Green Gene Enviro Protection And Infrastructure	₹10.7 Lakhs to ₹13.7 Lakhs per year
Metropolis Healthcare	₹6.1 Lakhs to ₹9.2 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 Key Business Manager in companies similar to Reliance Nippon Life Insurance in India?

The salary of a Key Business Manager 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:

NoBroker	₹5.6 Lakhs to ₹7.1 Lakhs per year
Niva Bupa Health Insurance Company	₹4.7 Lakhs to ₹5.3 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 Key Business Manager at Reliance Nippon Life Insurance in India?

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

Experience	Average Salary Range
4 years	₹4.8 Lakhs to ₹10.7 Lakhs per year
5 years	₹4.8 Lakhs to ₹10.8 Lakhs per year
6 years	₹4.8 Lakhs to ₹6.5 Lakhs per year
7 years	₹5.6 Lakhs to ₹7.1 Lakhs per year

and so on.

Tell us how to improve this page.

Reliance Nippon Life Insurance Key Business Manager Salaries by Location

Home >
Salaries >
Reliance Nippon Life Insurance Salaries >
Reliance Nippon Life Insurance Key Business Manager Salaries

Reliance Nippon Life Insurance Key Business Manager salary in India ranges between ₹4.8 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 16 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.