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Reliance Nippon Life Insurance

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3.7

based on 2.7k Reviews

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Mumbai
Product Management

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Reliance Nippon Life Insurance Product Management Department Salaries in Mumbai

based on 15 latest salaries
Designation Avg Annual Salary Open Jobs

Deputy Manager

3 - 14 years exp. · Mumbai (3 salaries)
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₹9.2 L/yr - ₹13.4 L/yr

Product Manager

5 - 7 years exp. · Mumbai (3 salaries)
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₹6 L/yr - ₹12 L/yr

Team Lead

3 - 4 years exp. · Mumbai (AmbitionBox Estimate)
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₹2.5 L/yr - ₹3 L/yr

National Manager

16 years exp. · Mumbai (AmbitionBox Estimate)
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₹38.7 L/yr - ₹49.5 L/yr

Chief Marketing Manager

2 years exp. · Mumbai (AmbitionBox Estimate)
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₹13.3 L/yr - ₹17 L/yr

Regional Training Manager

17 years exp. · Mumbai (AmbitionBox Estimate)
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₹17.5 L/yr - ₹22.3 L/yr

Senior Manager

8 - 14 years exp. · Mumbai (4 salaries)
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₹11 L/yr - ₹13.6 L/yr

Last Updated: 27 Dec, 2024

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2w
fathersahaab
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New Job, Higher Pay, Now I’m Feeling Awkward
I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!
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Salary related reviews for Reliance Nippon Life Insurance

4.3

Rated by 2 employees for salary & benefits

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

read more
  • 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 .

read more
  • 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

read more
  • 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.

read more
  • 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 .

read more
  • Promotions - Poor

Executive Territory Manager in Almora

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 02 Mar 2024
2.0
 for  Salary and Benefits

Likes

...s that he will not get 100% contest. 3-4 will be missed because of ifs and buts. Salary deduction and demotions for sales force. It demotivating for many managers as well as branch head. HR support is very very pathatic, high deduction in f&f if you serve less notice period. Company always wants that vintage employee should left the company because they are highly paid

read more

Dislikes

Many dislikes which I mention in like section

  • Salary - Poor
    • +5 more
see more salary related reviews

Reliance Nippon Life Insurance interview questions by designations

Branch Manager (14)Sales Manager (7)Assistant Branch Manager (6)Agency Development Manager (6)
View all 111 interview experiences

Know more about Reliance Nippon Life Insurance Mumbai

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Reliance Nippon Life Insurance Salary FAQs

How much does Reliance Nippon Life Insurance pay per year?
The average Reliance Nippon Life Insurance salary ranges from approximately ₹0.1 Lakh to ₹0.2 Lakh per year for a Warehouse Manager and ₹32 Lakhs to ₹43 Lakhs per year for a National Manager. Salary estimates are based on 15 Reliance Nippon Life Insurance salaries received from various employees of Reliance Nippon Life Insurance. Reliance Nippon Life Insurance employees rate the overall salary and benefits package 4.3/5 stars.
What is the highest salary in Reliance Nippon Life Insurance?
The highest-paying job at Reliance Nippon Life Insurance is a National Manager with a salary of ₹32 Lakhs to ₹43 Lakhs per year. The top 10% of employees earn more than ₹12 lakhs per year. The top 1% earn more than a whopping ₹32.77 lakhs per year.
What is the minimum salary in Reliance Nippon Life Insurance?
Minimum salary at Reliance Nippon Life Insurance depends on the role you are applying for. For Life Planning Officer the minimum salary is ₹1 Lakh to ₹4 Lakhs per year, and for Senior Relationship Manager the minimum salary is ₹1.9 Lakh to ₹4.3 Lakhs per year and so on.
What is the salary package for freshers in Reliance Nippon Life Insurance?
The average salary at Reliance Nippon Life Insurance for freshers varies from ₹0.9 Lakh to ₹2.5 Lakhs per year for Telecaller and ₹4.3 Lakhs to ₹15 Lakhs per year for Senior Manager.
What is the notice period at Reliance Nippon Life Insurance in Product Management Department in Mumbai?
According to AmbitionBox, 47% of the Reliance Nippon Life Insurance employees in Product Management Department in Mumbai reported a notice period of 1 Month, 40% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 15 responses on AmbitionBox in last 2 years.

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Average annual salary in Product Management department at Reliance Nippon Life Insurance , Mumbai is INRunlock blur . Salary estimates are based on 15 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.

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