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Reliance Nippon Life Insurance Salaries in Mumbai (Updated 2025)

based on 1.3k latest salaries
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BFSI, Investments & Trading Human Resources Customer Success, Service & Operations Finance & Accounting + 6 more
Designation Avg Annual Salary Open Jobs
7 - 22 years exp. · Mumbai (56 salaries)
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₹8 L/yr - ₹25 L/yr

1 - 17 years exp. · Mumbai (53 salaries)
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₹3.7 L/yr - ₹14.4 L/yr

0 - 7 years exp. · Mumbai (31 salaries)
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₹1.4 L/yr - ₹4.5 L/yr

0 - 10 years exp. · Mumbai (20 salaries)
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₹1.5 L/yr - ₹5 L/yr

Starting your career? Discover Reliance Nippon Life Insurance fresher salaries in India
15 - 23 years exp. · Mumbai (17 salaries)
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₹13.9 L/yr - ₹32 L/yr

0 - 5 years exp. · Mumbai (17 salaries)
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₹1.5 L/yr - ₹3.3 L/yr

1 - 9 years exp. · Mumbai (12 salaries)
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₹2 L/yr - ₹5 L/yr

1 - 3 years exp. · Mumbai (11 salaries)
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₹1 L/yr - ₹3 L/yr

0 - 5 years exp. · Mumbai (11 salaries)
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₹2.2 L/yr - ₹3 L/yr

0 - 14 years exp. · Mumbai (11 salaries)
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₹2.1 L/yr - ₹5.4 L/yr

2 - 12 years exp. · Mumbai (10 salaries)
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₹8 L/yr - ₹12.5 L/yr

0 - 3 years exp. · Mumbai (9 salaries)
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₹1.7 L/yr - ₹3 L/yr

2 - 8 years exp. · Mumbai (9 salaries)
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₹3 L/yr - ₹4 L/yr

2 - 12 years exp. · Mumbai (9 salaries)
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₹3.7 L/yr - ₹4.5 L/yr

3 - 9 years exp. · Mumbai (9 salaries)
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₹3.6 L/yr - ₹4.5 L/yr

0 - 7 years exp. · Mumbai (8 salaries)
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₹2.6 L/yr - ₹3.6 L/yr

12 - 15 years exp. · Mumbai (8 salaries)
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₹12.8 L/yr - ₹20 L/yr

1 - 9 years exp. · Mumbai (8 salaries)
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₹1.8 L/yr - ₹3 L/yr

3 - 12 years exp. · Mumbai (7 salaries)
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₹1 L/yr - ₹6 L/yr

0 - 12 years exp. · Mumbai (7 salaries)
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₹14 L/yr - ₹22 L/yr

Last Updated: 2 Apr, 2025

Salary related reviews for Reliance Nippon Life Insurance

3.2

Rated by 173 employees for salary & benefits

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.

read more
  • Salary - Poor
  • +6 more

Human Resources Department

1.0
  •  posted on 01 Sep 2022

2.0
 for  Salary and Benefits

Likes

Worst company to join for any role. The company has a tyrannical culture which works on whims and fancies. Employees are treated ruthlessly.

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Dislikes

...re is no learning and growth opportunities as people only work in survival mode. People are only working here since they have bills to pay else everyone is dreaming to the great escape from this company.

read more
  • Salary - Poor
  • +6 more

Customer Success, Service & Operations Department

1.0
  •  posted on 02 Nov 2018

1.0
 for  Salary and Benefits

Likes

It covered the medical insurance that's it. Otherwise life was torturous there.

Dislikes

...e got it was way below the expectation for eg a Diwali sweet box of celebration. For over 15 years I worked on the same salary range. At times we worked for hours till late in the night but never got paid for it.

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  • Salary - Bad
  • +5 more

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

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  • 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.

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  • Salary - Poor
  • +1 more

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

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  • Salary - Poor
  • +6 more
see more salary related reviews

Reliance Nippon Life Insurance Salary FAQs

How much does Reliance Nippon Life Insurance pay to its employees?
The average annual salary at Reliance Nippon Life Insurance varies depending on the role, experience, and location. The salary ranges for some popular designations at Reliance Nippon Life Insurance, are as follows:

Chief Manager ₹8 Lakhs to ₹25 Lakhs per year
Deputy Manager ₹3.7 Lakhs to ₹14.4 Lakhs per year
HR Executive ₹1.4 Lakhs to ₹4.5 Lakhs per year
Sales Manager ₹1.5 Lakhs to ₹5 Lakhs per year

The highest-paying role, National Manager, earns between ₹32 Lakhs to ₹43 Lakhs per year. The top 10% of employees earn more than ₹12.5 Lakhs per year, and the top 1% earn over ₹34.3 Lakhs per year. 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 salary estimates are based on data from 1.3k salaries submitted by Reliance Nippon Life Insurance employees. Reliance Nippon Life Insurance is rated 3.2 out of 5 stars by its employees on the salary and benefits parameter.
What is the salary of a fresher at Reliance Nippon Life Insurance in Mumbai?
The salary of a fresher at Reliance Nippon Life Insurance in Mumbai typically ranges from ₹0.9 Lakh to ₹11.3 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:
Fresher as a Senior Relationship Manager Salary ₹2.2 Lakhs to ₹3.3 Lakhs per year
Fresher as a Key Relationship Manager Salary ₹2 Lakhs to ₹2.7 Lakhs per year
Fresher as a Sales Executive Salary ₹1 Lakhs to ₹2.5 Lakhs per year
Fresher as a Agency Development Manager Salary ₹1 Lakhs to ₹3 Lakhs per year

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Average annual salary in Reliance Nippon Life Insurance , Mumbai is INRunlock blur . Salary estimates are based on 1200+ Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.

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