Reliance Nippon Life Insurance Manager OPS Salaries by 4 Employees

5 - 9 years exp.

₹3.5 Lakhs - ₹5.6 Lakhs

Low Confidence

Salary of majority employees

61% less than the average Manager OPS Salary in Insurance Companies for 5 - 9 years of experience

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Last Updated: 16 Dec 2024

Companies similar to Reliance Nippon Life Insurance for Manager OPS

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Manager OPS Salary 18 - 20 years exp. (4 salaries)	₹6 L/yr - ₹8.3 L/yr 53% more
SBI Life Insurance Company Manager OPS Salary 10 - 16 years exp. (21 salaries)	₹6.2 L/yr - ₹11 L/yr 94% more
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Max Life Insurance Manager OPS Salary 8 - 15 years exp. (16 salaries)	₹5.6 L/yr - ₹9.3 L/yr 76% more
Kotak Mahindara Life Insurance Manager OPS Salary 9 - 16 years exp. (9 salaries)	₹4.4 L/yr - ₹7 L/yr 30% more
Tata AIA Life Insurance Manager OPS Salary 17 - 20 years exp. (5 salaries)	₹9.2 L/yr - ₹13 L/yr 141% more
Aditya Birla Sun Life Insurance Manager OPS Salary 10 - 14 years exp. (6 salaries)	₹4.2 L/yr - ₹6 L/yr 3% more
ICICI Lombard General Insurance Company Manager OPS Salary 4 - 16 years exp. (6 salaries)	₹3.4 L/yr - ₹12.8 L/yr 79% more
MetLife Manager OPS Salary 14 - 17 years exp. (4 salaries)	₹15 L/yr - ₹21.2 L/yr 312% more
HDFC Ergo General Insurance Manager OPS Salary 12 - 16 years exp. (4 salaries)	₹8.6 L/yr - ₹10 L/yr 106% more

Manager OPS salary at Reliance Nippon Life Insurance ranges between ₹3.5 Lakhs to ₹5.6 Lakhs per year for employees with experience between 5 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of Reliance Nippon Life Insurance.

Experience wise Reliance Nippon Life Insurance Manager OPS salaries

Last Updated: 16 Dec 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹10.1 L/yr
6 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹5.6 L/yr
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7 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
8 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹7.4 L/yr
9 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.8 L/yr

Salary related reviews for Reliance Nippon Life Insurance

2.0

Rated by 1 employees for salary & benefits

Head Human Resources in Mumbai

Full Time

Human Resources Department

1.0

• posted on 07 Feb 2025

2.0

for Salary and Benefits

Likes

Nothing as such. Old people having good knowledge but the current management doe’s let them work.

Dislikes

They have a policy of deducting salary of Sales executives from the 2nd month on non achieving of targets from doj. Which is terrible. Salary not getting credited on time. Demotions happens if not working well for 1 month even. Worst place to work.

Salary - Poor

+6 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

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

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Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Reliance Nippon Life Insurance Manager OPS Salary FAQs

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

The average salary of a Manager OPS at Reliance Nippon Life Insurance in India typically ranges from ₹3.5 Lakhs to ₹5.6 Lakhs per year, depending on experience (from 5 years to 9 years).

The top 10% of Manager OPS at Reliance Nippon Life Insurance earn more than ₹5.6 Lakhs per year, and the top 1% earn over ₹5.6 Lakhs per year. Manager OPS 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 4 Reliance Nippon Life Insurance employees in India.

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

The estimated take-home salary of a Manager OPS at Reliance Nippon Life Insurance in India typically ranges from ₹34,609 to ₹35,854 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹5.6 Lakhs per year for employees with experience ranging from 5 years to 9 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 4 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 Manager OPS in India?

MetLife	₹15.0 Lakhs to ₹21.2 Lakhs per year
Tata AIA Life Insurance	₹9.2 Lakhs to ₹13.0 Lakhs per year
HDFC Ergo General Insurance	₹8.6 Lakhs to ₹10.0 Lakhs per year
SBI Life Insurance Company	₹6.2 Lakhs to ₹11.0 Lakhs per year
ICICI Lombard General Insurance Company	₹3.4 Lakhs to ₹12.8 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 Manager OPS in companies similar to Reliance Nippon Life Insurance in India?

The salary of a Manager OPS 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:

Max Life Insurance	₹5.6 Lakhs to ₹9.3 Lakhs per year
ICICI Prudential Life Insurance	₹6.0 Lakhs to ₹8.3 Lakhs per year
Kotak Mahindara Life Insurance	₹4.4 Lakhs to ₹7.0 Lakhs per year
Aditya Birla Sun Life Insurance	₹4.2 Lakhs to ₹6.0 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 Manager OPS at Reliance Nippon Life Insurance in India?

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

Experience	Average Salary Range
5 years	₹5.2 Lakhs to ₹10.1 Lakhs per year
6 years	₹2.1 Lakhs to ₹5.6 Lakhs per year
7 years	₹4.2 Lakhs to ₹5.4 Lakhs per year
8 years	₹3.5 Lakhs to ₹7.4 Lakhs per year

and so on.

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Reliance Nippon Life Insurance Manager OPS Salaries

Reliance Nippon Life Insurance Manager OPS salary in India ranges between ₹3.5 Lakhs to ₹5.6 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.