Reliance Nippon Life Insurance New Delhi Key Relationship Manager Salaries by 7 Employees

1 - 3 years exp.

₹2.2 Lakhs - ₹2.6 Lakhs

Avg. annual salary

Monthly In-hand Salary

50% less than the average Key Relationship Manager Salary in Insurance Companies for 1 - 3 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Key Relationship Manager Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.5 L/yr
Login to view exact salary
Sales & Business Development Key Relationship Manager Salary 1 year exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.3 L/yr

Last Updated: 16 Mar 2023

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

Reliance Nippon Life Insurance Key Relationship Manager Salary

1 - 3 years exp. (7 salaries)

₹2.2 L/yr - ₹2.6 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Key Relationship Manager Salary 1 - 9 years exp. (26 salaries)	₹4 L/yr - ₹5.8 L/yr 121% more
Aditya Birla Health Insurance Co Key Relationship Manager Salary 3 - 10 years exp. (14 salaries)	₹4.5 L/yr - ₹6.5 L/yr 132% more
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Bajaj Allianz Life Insurance Key Relationship Manager Salary 3 - 9 years exp. (13 salaries)	₹4 L/yr - ₹4.5 L/yr 72% more
HDFC Life Key Relationship Manager Salary 3 - 8 years exp. (5 salaries)	₹4.1 L/yr - ₹5.7 L/yr 131% more	2 job openings
ICICI Lombard General Insurance Company Key Relationship Manager Salary 4 - 7 years exp. (4 salaries)	₹4.5 L/yr - ₹5.9 L/yr 103% more

Key Relationship Manager salary at Reliance Nippon Life Insurance ranges between ₹2.2 Lakhs to ₹2.6 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 7 latest salaries received from various employees of Reliance Nippon Life Insurance.

Experience wise Reliance Nippon Life Insurance Key Relationship Manager salaries in New Delhi

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
1 year (3 salaries)	₹2.2 L/yr - ₹4.2 L/yr
2 years (3 salaries)	₹2.2 L/yr - ₹2.6 L/yr
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3 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr

Similar Designation salaries in Reliance Nippon Life Insurance

Branch Manager Salary

(18 salaries)

₹5 L/yr - ₹9.5 L/yr

Relationship Manager Salary

(13 salaries)

₹2.2 L/yr - ₹5 L/yr

Area Manager Salary

(9 salaries)

₹9 L/yr - ₹21.4 L/yr

Senior Sales Manager Salary

(4 salaries)

₹2.4 L/yr - ₹3.25 L/yr

Regional Manager Salary

(3 salaries)

₹17 L/yr - ₹23 L/yr

Salary related reviews for Reliance Nippon Life Insurance

1.0

Rated by 1 employees for salary & benefits

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.

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 .

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.

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.

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.

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.

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

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

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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?

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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 New Delhi?

The average salary of a Key Relationship Manager at Reliance Nippon Life Insurance in New Delhi typically ranges from ₹2.2 Lakhs to ₹2.6 Lakhs per year, depending on experience (from 1 year to 3 years).

The top 10% of Key Relationship Manager in New Delhi at Reliance Nippon Life Insurance earn more than ₹2.6 Lakhs per year, and the top 1% earn over ₹2.6 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 7 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 New Delhi?

The estimated take-home salary of a Key Relationship Manager at Reliance Nippon Life Insurance in New Delhi typically ranges from ₹16,346 to ₹18,030 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹2.6 Lakhs per year for employees with experience ranging from 1 year to 3 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 7 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?

Aditya Birla Health Insurance Co	₹4.5 Lakhs to ₹6.5 Lakhs per year
HDFC Life	₹4.1 Lakhs to ₹5.7 Lakhs per year
ICICI Prudential Life Insurance	₹4.0 Lakhs to ₹5.8 Lakhs per year
ICICI Lombard General Insurance Company	₹4.5 Lakhs to ₹5.9 Lakhs per year
Bajaj Allianz Life Insurance	₹4.0 Lakhs to ₹4.5 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 New Delhi?

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

Experience	Average Salary Range
1 year	₹2.2 Lakhs to ₹4.2 Lakhs per year
2 years	₹2.2 Lakhs to ₹2.6 Lakhs per year
3 years	₹2.1 Lakhs to ₹2.7 Lakhs per year

and so on.

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Reliance Nippon Life Insurance Key Relationship Manager Salaries in New Delhi

Reliance Nippon Life Insurance Key Relationship Manager salary in New Delhi ranges between ₹2.2 Lakhs to ₹2.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.