Reliance Nippon Life Insurance Management Trainee Salaries by 4 Employees (Updated 2025)

0 - 1 year exp.

₹1.5 Lakh - ₹3 Lakhs

Low Confidence

Salary of majority employees

Unlock

60% less than the average Management Trainee Salary in Insurance Companies for 0 - 1 year of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Management Trainee Salary 1 year exp. (AmbitionBox Estimate)	Unlock ₹1.5 L/yr - ₹2.2 L/yr
Login to view exact salary
Human Resources Management Trainee Salary 0 - 1 year exp. (AmbitionBox Estimate)	Unlock ₹3 L/yr - ₹3.4 L/yr

Last Updated: 16 Nov 2023

Companies similar to Reliance Nippon Life Insurance for Management Trainee

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Management Trainee Salary 0 - 2 years exp. (316 salaries)	Unlock ₹4 L/yr - ₹9 L/yr 132% more
HDFC Life Management Trainee Salary 0 - 3 years exp. (143 salaries)	Unlock ₹4.8 L/yr - ₹15 L/yr 245% more
Login to view exact salary
SBI Life Insurance Company Management Trainee Salary 0 - 2 years exp. (37 salaries)	Unlock ₹5.1 L/yr - ₹10.5 L/yr 175% more
Max Life Insurance Management Trainee Salary 0 - 4 years exp. (15 salaries)	Unlock ₹16 L/yr - ₹22 L/yr 615% more
Bajaj Allianz Life Insurance Management Trainee Salary 0 - 6 years exp. (35 salaries)	Unlock ₹3 L/yr - ₹9.5 L/yr 128% more
Kotak Mahindara Life Insurance Management Trainee Salary 0 - 3 years exp. (185 salaries)	Unlock ₹1 L/yr - ₹6.5 L/yr 36% more
Tata AIA Life Insurance Management Trainee Salary 0 - 4 years exp. (46 salaries)	Unlock ₹5 L/yr - ₹20 L/yr 300% more
PNB MetLife Management Trainee Salary 0 - 2 years exp. (6 salaries)	Unlock ₹6 L/yr - ₹7 L/yr 110% more
Aditya Birla Sun Life Insurance Management Trainee Salary 0 - 1 year exp. (14 salaries)	Unlock ₹7 L/yr - ₹15 L/yr 235% more
ICICI Lombard General Insurance Company Management Trainee Salary 0 - 1 year exp. (144 salaries)	Unlock ₹3.5 L/yr - ₹12 L/yr 185% more

View all

Management Trainee salary at Reliance Nippon Life Insurance ranges between ₹1.5 Lakh to ₹3 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 4 latest salaries received from various employees of Reliance Nippon Life Insurance.

Experience wise Reliance Nippon Life Insurance Management Trainee salaries

Last Updated: 16 Nov 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	Unlock ₹1.2 L/yr - ₹3 L/yr
Login to view exact salary
1 year (3 salaries)	Unlock ₹1.5 L/yr - ₹3 L/yr

From

Management Trainee

₹

Lakhs/yr

0 - 1 year exp.

Senior Branch Manager

₹

Lakhs/yr

7 - 17 years exp.

Management Trainee 0 - 1 year exp.

Unlock

Branch Manager 7 - 20 years exp.

Unlock

159% hike

Senior Branch Manager 7 - 17 years exp.

Unlock

29% hike

From

View 1 more level

Management Trainee

Unlock

0 - 1 year exp.

Cluster Head

Unlock

12 - 19 years exp.

From

View 1 more level

Management Trainee

Unlock

0 - 1 year exp.

Cluster Manager

Unlock

7 - 22 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Reliance Nippon Life Insurance

Finance Executive Salary

(5 salaries)

Unlock

₹2.6 L/yr - ₹4.2 L/yr

Accountant Salary

(5 salaries)

Unlock

₹1.05 L/yr - ₹2 L/yr

Team Lead Salary

(43 salaries)

Unlock

₹2.4 L/yr - ₹4.6 L/yr

Financial Analyst Salary

(3 salaries)

Unlock

₹3 L/yr - ₹4.1 L/yr

Accounts Officer Salary

(AmbitionBox Estimate)

Unlock

₹2.7 L/yr - ₹3.5 L/yr

Senior Associate Salary

(6 salaries)

Unlock

₹1.75 L/yr - ₹2.8 L/yr

Process Associate Salary

(AmbitionBox Estimate)

Unlock

₹2 L/yr - ₹2.5 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

Unlock

₹7 L/yr - ₹9 L/yr

Deputy Manager Salary

(64 salaries)

Unlock

₹3.7 L/yr - ₹12.42 L/yr

Account Assistant Salary

(AmbitionBox Estimate)

Unlock

₹1.4 L/yr - ₹1.7 L/yr

Salary related reviews for Reliance Nippon Life Insurance

3.3

Rated by 2 employees for salary & benefits

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

Senior Territory Manager in Lucknow

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 08 Jan 2025

2.0

for Salary and Benefits

Likes

Nothing

Dislikes

Worst leadership, one can never expect 100℅ in hand salary, they are on a deduction spree upto ARDM & Branch Manager Level. Lowest commission to agents, renewal commission to agents gets a 75℅ deductions. End number of con calls Immature leaders don't have the skills to lead. So many clauses which is directly affecting attrition to the highest level

Salary - Poor

+6 more

Agency Development Manager in Kolkata

Full Time

Sales & Business Development Department

1.0

• posted on 07 Nov 2024

1.0

for Salary and Benefits

Likes

Too much ghatia i mean wrost experience ever..

Dislikes

...e to get policy on my name nd told if i didn't get the policy i cant get my job. Totally fraud company they did gave me any salary i work 2 month straight .

Salary - Bad

+6 more

Assistant Branch Manager in Kolkata

Full Time

Sales & Business Development Department

1.0

• posted on 23 Dec 2024

1.0

for Salary and Benefits

Dislikes

No specifications and job clarity for the role of ABM and salary deduction as per company's discrition which do not bring any corporate feelings to employees it seems they are working in a grocery shop not in corporate

Salary - Bad

+5 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

Got a question about Reliance Nippon Life Insurance?

Ask anonymously on communities.

Reliance Nippon Life Insurance Management Trainee Salary FAQs

What is the salary of Management Trainee at Reliance Nippon Life Insurance?

Management Trainee salary at Reliance Nippon Life Insurance in India ranges between ₹1.5 Lakhs to ₹3.0 Lakhs for less than 1 year of experience. According to our estimates it is 60% less than the average Management Trainee Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Reliance Nippon Life Insurance India.

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

The average salary of a Management Trainee at Reliance Nippon Life Insurance is 60% less than the average salary of a Management Trainee in India. To know exact salary insights, login to view.

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

Max Life Insurance Management Trainee Salary - ₹16.0 Lakhs to ₹22.0 Lakhs per year
HDFC Ergo General Insurance Management Trainee Salary - ₹6.0 Lakhs to ₹14.8 Lakhs per year
Marsh Management Trainee Salary - ₹9.5 Lakhs to ₹17.0 Lakhs per year
Tata AIA Life Insurance Management Trainee Salary - ₹5.0 Lakhs to ₹20.0 Lakhs per year
AXA Management Trainee Salary - ₹8.0 Lakhs to ₹12.0 Lakhs per year

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

HDFC Life Management Trainee Salary - ₹4.8 Lakhs to ₹15.0 Lakhs per year
Aditya Birla Sun Life Insurance Management Trainee Salary - ₹7.0 Lakhs to ₹15.0 Lakhs per year
Gallagher Management Trainee Salary - ₹8.0 Lakhs to ₹10.2 Lakhs per year
SBI General Insurance Management Trainee Salary - ₹4.0 Lakhs to ₹12.0 Lakhs per year
ICICI Lombard General Insurance Company Management Trainee Salary - ₹3.5 Lakhs to ₹12.0 Lakhs per year

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

The estimated take-home salary of a Management Trainee at Reliance Nippon Life Insurance ranges between ₹20,893 per month to ₹22,543 per month in India. The take-home salary calculation is based on the average Reliance Nippon Life Insurance Management Trainee salary in India which ranges between ₹1.5 Lakhs to ₹3.0 Lakhs per year for employees with less than 1 year of experience. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the Reliance Nippon Life Insurance Management Trainees reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Home >
Salaries >
Reliance Nippon Life Insurance Salaries >
Reliance Nippon Life Insurance Management Trainee Salaries

Reliance Nippon Life Insurance Management Trainee salary in India ranges between ₹1.5 Lakh to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.