Reliance Nippon Life Insurance Kolkata Manager Salaries by 4 Employees

5 - 18 years exp.

₹4 Lakhs - ₹5.9 Lakhs

Avg. annual salary

Monthly In-hand Salary

67% less than the average Manager Salary in Insurance Companies for 5 - 18 years of experience

Interested in this particular role?

Last Updated: 12 Sep 2024

Companies similar to Reliance Nippon Life Insurance for Manager in Kolkata

Reliance Nippon Life Insurance Manager Salary

5 - 18 years exp. (4 salaries)

₹4 L/yr - ₹5.9 L/yr

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindara Life Insurance Manager Salary 0 - 11 years exp. (36 salaries)	₹3 L/yr - ₹6 L/yr 4% less
HDFC Ergo General Insurance Manager Salary 5 - 14 years exp. (21 salaries)	₹5 L/yr - ₹12.4 L/yr 63% more
Login to view exact salary
HDFC Life Manager Salary 5 - 16 years exp. (16 salaries)	₹4.5 L/yr - ₹12.1 L/yr 59% more	2 job openings
SBI Life Insurance Company Manager Salary 3 - 12 years exp. (15 salaries)	₹4.1 L/yr - ₹15.7 L/yr 82% more
Axis Max Life Insurance Manager Salary 2 - 14 years exp. (14 salaries)	₹5 L/yr - ₹10 L/yr 56% more	2 job openings
Tata AIA Life Insurance Manager Salary 7 - 15 years exp. (8 salaries)	₹5.8 L/yr - ₹14.8 L/yr 133% more	2 job openings
ICICI Lombard General Insurance Company Manager Salary 4 - 14 years exp. (8 salaries)	₹4.5 L/yr - ₹11 L/yr 23% more
Aditya Birla Sun Life Insurance Manager Salary 5 - 11 years exp. (5 salaries)	₹4 L/yr - ₹9.1 L/yr 50% more
PNB MetLife Manager Salary 7 - 17 years exp. (5 salaries)	₹4.2 L/yr - ₹8.8 L/yr 56% more
SBI General Insurance Manager Salary 2 - 7 years exp. (4 salaries)	₹8.2 L/yr - ₹11 L/yr 66% more
Bajaj Allianz General Insurance Manager Salary 14 - 16 years exp. (3 salaries)	₹12.6 L/yr - ₹18.5 L/yr 209% more
Login to view exact salary
Bajaj Allianz Life Insurance Manager Salary 11 - 15 years exp. (3 salaries)	₹5.1 L/yr - ₹12.6 L/yr 127% more

Manager salary at Reliance Nippon Life Insurance ranges between ₹4 Lakhs to ₹5.9 Lakhs per year for employees with experience between 5 years to 18 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 salaries in Kolkata

Last Updated: 12 Sep 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.8 L/yr
6 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
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7 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
8 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
9 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
10 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.2 L/yr
11 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.2 L/yr
12 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr
13 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
14 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
15+ years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.7 L/yr

View all

From

Manager

2 - 19 years exp.

Senior Manager

0 - 17 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

Life Planning Officer Salary

(14 salaries)

₹1.2 L/yr - ₹3 L/yr

Ardm Salary

(13 salaries)

₹1.8 L/yr - ₹4 L/yr

Area Manager Salary

(12 salaries)

₹10.05 L/yr - ₹18.24 L/yr

Managing Partner Salary

(9 salaries)

₹3.6 L/yr - ₹4 L/yr

Team Lead Salary

(8 salaries)

₹2.5 L/yr - ₹4.85 L/yr

Chief Manager Salary

(6 salaries)

₹11 L/yr - ₹17 L/yr

Salary related reviews for Reliance Nippon Life Insurance

2.5

Rated by 2 employees for salary & benefits

Life Insurance Advisor in Indore

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 16 Mar 2025

2.0

for Salary and Benefits

Likes

I have a love-hate relationship with working here because I learn something new every day. Whether it’s the latest updates, training sessions, new products, or communication skills training, there’s always something valuable to gain. Plus, the amazing deals make it even better. As I’m so comfortable too cuz of good faculty and better understanding between colleagues and senior staff that helps me very well to manage home and office both

Skill development - Excellent

+4 more

Dislikes

...n. Promotion is extremely difficult to achieve, and there is a risk of demotion. Additionally, salary increases are minimal and progress very slowly, which can be discouraging for those looking to advance financially.

Salary - Poor

+1 more

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

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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?

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Reliance Nippon Life Insurance Manager Salary FAQs

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

The average salary of a Manager at Reliance Nippon Life Insurance in Kolkata typically ranges from ₹4.0 Lakhs to ₹5.9 Lakhs per year, depending on experience (from 5 years to 18 years).

The top 10% of Manager in Kolkata at Reliance Nippon Life Insurance earn more than ₹4.6 Lakhs per year, and the top 1% earn over ₹4.6 Lakhs per year. 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 4 Reliance Nippon Life Insurance employees in India.

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

The estimated take-home salary of a Manager at Reliance Nippon Life Insurance in Kolkata typically ranges from ₹40,727 to ₹41,881 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹5.9 Lakhs per year for employees with experience ranging from 5 years to 18 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 in India?

Bajaj Allianz General Insurance	₹12.6 Lakhs to ₹18.5 Lakhs per year
Tata AIA Life Insurance	₹5.8 Lakhs to ₹14.8 Lakhs per year
Bajaj Allianz Life Insurance	₹5.1 Lakhs to ₹12.6 Lakhs per year
SBI Life Insurance Company	₹4.1 Lakhs to ₹15.7 Lakhs per year
SBI General Insurance	₹8.2 Lakhs to ₹11.0 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 in companies similar to Reliance Nippon Life Insurance in Kolkata?

The salary of a Manager at companies similar to Reliance Nippon Life Insurance in Kolkata varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Ergo General Insurance	₹5.0 Lakhs to ₹12.4 Lakhs per year
HDFC Life	₹4.5 Lakhs to ₹12.1 Lakhs per year
PNB MetLife	₹4.2 Lakhs to ₹8.8 Lakhs per year
Axis Max Life Insurance	₹5.0 Lakhs to ₹10.0 Lakhs per year
Aditya Birla Sun Life Insurance	₹4.0 Lakhs to ₹9.1 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 at Reliance Nippon Life Insurance in Kolkata?

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

Experience	Average Salary Range
5 years	₹4.6 Lakhs to ₹5.8 Lakhs per year
6 years	₹4.6 Lakhs to ₹5.9 Lakhs per year
7 years	₹4.7 Lakhs to ₹6.0 Lakhs per year
8 years	₹4.7 Lakhs to ₹6.0 Lakhs per year

and so on.

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Reliance Nippon Life Insurance Manager Salaries in Kolkata

Reliance Nippon Life Insurance Manager salary in Kolkata ranges between ₹4 Lakhs to ₹5.9 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.