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Reliance Nippon Life Insurance

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3.6

based on 2.8k Reviews

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Reliance Nippon Life Insurance Key Relationship Manager salaries in Chennai

Annual salary range
0 - 5 years exp.
₹2 Lakhs - ₹3.1 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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49% less than the average Key Relationship Manager Salary in Insurance Companies for 0 - 5 years of experience

Interested in this particular role?

Salaries in different departments

Finance & Accounting
Key Relationship Manager Salary
0 - 5 years exp. (4 salaries)
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₹2 L/yr - ₹3.1 L/yr

BFSI, Investments & Trading
Key Relationship Manager Salary
1 - 2 years exp. (AmbitionBox Estimate)
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₹2.4 L/yr - ₹3.1 L/yr

Sales & Business Development
Key Relationship Manager Salary
2 - 3 years exp. (AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.4 L/yr

Customer Success, Service & Operations
Key Relationship Manager Salary
2 years exp. (AmbitionBox Estimate)
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₹2 L/yr - ₹2.4 L/yr

Last Updated: 13 Nov 2024

Companies similar to Reliance Nippon Life Insurance for Key Relationship Manager in Chennai

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Reliance Nippon Life Insurance Key Relationship Manager Salary

0 - 5 years exp. (11 salaries)
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₹2 L/yr - ₹3.1 L/yr

vs
Company name Avg Annual Salary Open Jobs
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ICICI Prudential Life Insurance Key Relationship Manager Salary

1 - 9 years exp. (8 salaries)
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₹4 L/yr - ₹5.8 L/yr

arrow icon 116% more
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HDFC Life Key Relationship Manager Salary

5 - 9 years exp. (8 salaries)
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₹4.3 L/yr - ₹6.3 L/yr

arrow icon 121% more
 2 job openings
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Aditya Birla Health Insurance Co Key Relationship Manager Salary

4 - 10 years exp. (7 salaries)
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₹4.6 L/yr - ₹6.3 L/yr

arrow icon 134% more
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Tata AIA Life Insurance Key Relationship Manager Salary

5 - 6 years exp. (3 salaries)
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₹5.5 L/yr - ₹6 L/yr

arrow icon 139% more
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Bajaj Allianz Life Insurance Key Relationship Manager Salary

4 - 6 years exp. (3 salaries)
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₹4 L/yr - ₹4.1 L/yr

arrow icon 67% more
Key Relationship Manager salary at Reliance Nippon Life Insurance ranges between ₹2 Lakhs to ₹3.1 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 11 latest salaries received from various employees of Reliance Nippon Life Insurance.

Latest annual salaries shared by Reliance Nippon Life Insurance Key Relationship Manager in Chennai

4mo ago
₹2.8 Lakhs
5 years exp.
1y ago
₹2.2 Lakhs
4 years exp.
1y ago
₹3.1 Lakhs
4 years exp.

Experience wise Reliance Nippon Life Insurance Key Relationship Manager salaries in Chennai

Last Updated: 13 Nov 2024

Experience Avg Annual Salary
Fresher  (3 salaries)

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₹2 L/yr - ₹4.2 L/yr
1 year (AmbitionBox Estimate)

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₹2.1 L/yr - ₹2.7 L/yr
2 years  (3 salaries)

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₹2 L/yr - ₹3.1 L/yr
3 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹2.8 L/yr
4 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹2.8 L/yr
View all

Similar Designation salaries in Reliance Nippon Life Insurance

Branch Manager Salary
(16 salaries)
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₹4.5 L/yr - ₹10 L/yr
Relationship Manager Salary
(9 salaries)
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₹2.05 L/yr - ₹4.5 L/yr
Territory Manager Salary
(5 salaries)
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₹4.5 L/yr - ₹6.5 L/yr

Salary related reviews for Reliance Nippon Life Insurance

Key Relationship Manager in Jammu

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 29 Jul 2023
3.0
 for  Salary and Benefits

Likes

The work life balance here in reliance is excellent. No unnecessary pressure is put up on you. Proper training and induction is conducted when you join the company. The incentive structure is very nice compared toother organizations.

read more
  • Skill development - Good
    • +3 more

Dislikes

There is no appraisal criteria here. Only way to increase your salary is tthrough promotions and which sometime is difficult to achieve .

read more
  • Promotions - Poor

Key Relationship Manager in Visakhapatnam

Finance & Accounting Department

4.0
  •  posted on 21 Jun 2021
5.0
 for  Salary and Benefits

Likes

Appraisal are fair and they give good salary hike and incentives. Very good motivation. Hard-work appreciation will be there. Friendly environment.

read more
  • Salary - Excellent
    • +4 more

Dislikes

Job security is not there. Anytime can be fired from job role if we can't able to do business. Need to understand why one person is couldn't do the business according to that they need to give training and make it done for closing. There is no cafeteria nor any gaming activities.

read more
  • Job security - Bad

Key Relationship Manager in Durgapur

Direct Marketing Department

3.0
  •  posted on 25 Jul 2021
3.0
 for  Salary and Benefits

Likes

Company policies are good,appraisals are fair and they give good salary hike and bonus every year.

read more
  • Skill development - Good

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow.

read more
  • Work-life balance - Poor

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

read more
  • 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

read more
  • Salary - Poor
    • +3 more
see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

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Salary Discussions, Hike & Promotions
1w (edited)
an inside sales executive
Unexpected job policies: stay or switch?
I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?
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Reliance Nippon Life Insurance Key Relationship Manager Salary FAQs

What is the salary of Key Relationship Manager at Reliance Nippon Life Insurance in Chennai?
The average salary of a Key Relationship Manager at Reliance Nippon Life Insurance in Chennai typically ranges from ₹2.0 Lakhs to ₹3.1 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Key Relationship Manager in Chennai at Reliance Nippon Life Insurance earn more than ₹3.1 Lakhs per year, and the top 1% earn over ₹3.1 Lakhs per year. Key Relationship 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 Relationship Manager at Reliance Nippon Life Insurance in Chennai?
The estimated take-home salary of a Key Relationship Manager at Reliance Nippon Life Insurance in Chennai typically ranges from ₹16,760 to ₹18,472 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹3.1 Lakhs per year for employees with experience ranging from Fresher to 5 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 Relationship Manager in India?
Tata AIA Life Insurance ₹5.5 Lakhs to ₹6.0 Lakhs per year
Aditya Birla Health Insurance Co ₹4.6 Lakhs to ₹6.3 Lakhs per year
HDFC Life ₹4.3 Lakhs to ₹6.3 Lakhs per year
ICICI Prudential Life Insurance ₹4.0 Lakhs to ₹5.8 Lakhs per year
Bajaj Allianz Life Insurance ₹4.0 Lakhs to ₹4.1 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.
How the salary growth look like for a Key Relationship Manager at Reliance Nippon Life Insurance in Chennai?
The salary growth for a Key Relationship Manager at Reliance Nippon Life Insurance in Chennai depends on factors such as experience, performance, and promotions. On average, a Key Relationship Manager in Chennai can expect the following growth trajectory at Reliance Nippon Life Insurance:

Experience Average Salary Range
Fresher ₹2.0 Lakhs to ₹4.2 Lakhs per year
1 year ₹2.1 Lakhs to ₹2.7 Lakhs per year
2 years ₹2.0 Lakhs to ₹3.1 Lakhs per year
3 years ₹2.2 Lakhs to ₹2.8 Lakhs per year
and so on.

Tell us how to improve this page.

Reliance Nippon Life Insurance Key Relationship Manager salary in Chennai ranges between ₹2 Lakhs to ₹3.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 11 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.