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Reliance Nippon Life Insurance

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3.7

based on 2.6k Reviews

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Reliance Nippon Life Insurance Salaries in Mumbai

based on 1.2k latest salaries
Explore Salaries by Departments
BFSI, Investments & Trading Human Resources Customer Success, Service & Operations Finance & Accounting + 6 more
Designation Avg Annual Salary Open Jobs

Assistant Manager Claims

11 years exp. · Mumbai (AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.7 L/yr

Retention Manager

6 years exp. · Mumbai (AmbitionBox Estimate)
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₹5.2 L/yr - ₹6.7 L/yr

Vice President & Head

17 years exp. · Mumbai (AmbitionBox Estimate)
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₹79.8 L/yr - ₹88.2 L/yr

Claims Executive

6 years exp. · Mumbai (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.4 L/yr

Senior Product Manager

7 years exp. · Mumbai (AmbitionBox Estimate)
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₹21.6 L/yr - ₹27.6 L/yr

Risk Manager

15 years exp. · Mumbai (AmbitionBox Estimate)
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₹8.7 L/yr - ₹11.2 L/yr

Processing Officer

2 years exp. · Mumbai (AmbitionBox Estimate)
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₹1.3 L/yr - ₹1.7 L/yr

Actuarial Consultant

14 years exp. · Mumbai (AmbitionBox Estimate)
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₹27 L/yr - ₹34.5 L/yr

Assistant Vice President Compliance

14 years exp. · Mumbai (AmbitionBox Estimate)
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₹23 L/yr - ₹29.3 L/yr

Assistant Vice President Risk Management

21 years exp. · Mumbai (AmbitionBox Estimate)
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₹29.5 L/yr - ₹37.7 L/yr

Associate Vice President Accounts and Finance

12 years exp. · Mumbai (AmbitionBox Estimate)
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₹34.2 L/yr - ₹43.7 L/yr

Associate Vice President Taxation

9 years exp. · Mumbai (AmbitionBox Estimate)
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₹14.4 L/yr - ₹18.4 L/yr

Bdm Executive

5 years exp. · Mumbai (AmbitionBox Estimate)
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₹5.9 L/yr - ₹7.5 L/yr

Business Transformation Manager

2 years exp. · Mumbai (AmbitionBox Estimate)
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₹18 L/yr - ₹23 L/yr

Campaign Executive

1 year exp. · Mumbai (AmbitionBox Estimate)
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₹1.9 L/yr - ₹2.4 L/yr

Case Management Executive

8 years exp. · Mumbai (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr

Central Operations Manager

16 years exp. · Mumbai (AmbitionBox Estimate)
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₹9.7 L/yr - ₹12.4 L/yr

Channel Relationship Manager

4 years exp. · Mumbai (AmbitionBox Estimate)
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₹5 L/yr - ₹6.3 L/yr

Chief Accounts and Finance Manager

13 years exp. · Mumbai (AmbitionBox Estimate)
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₹17.6 L/yr - ₹22.4 L/yr

Chief Compliance Manager

12 years exp. · Mumbai (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr

Last Updated: 15 Jan, 2025

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2w (edited)
a social media specialist
Salary Expectations
I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?
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Salary related reviews for Reliance Nippon Life Insurance

3.3

Rated by 160 employees for salary & benefits

Senior Manager in Mumbai

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.

read more

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

Branch Service Officer in Mumbai

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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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

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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 .

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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

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Reliance Nippon Life Insurance interview questions by designations

Branch Manager (14)Sales Manager (7)Agency Development Manager (6)Ardm (5)
View all 107 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 1.2k 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 3.3/5 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 ₹12.01 lakhs per year. The top 1% earn more than a whopping ₹32.71 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 Key Relationship Manager the minimum salary is ₹1.6 Lakh to ₹3.8 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 ₹1.2 Lakh to ₹2.4 Lakhs per year for Financial Advisor and ₹3.1 Lakhs to ₹4 Lakhs per year for Executive Relationship Manager.
What is the notice period at Reliance Nippon Life Insurance in Mumbai?
According to AmbitionBox, 42% of the Reliance Nippon Life Insurance employees in Mumbai reported a notice period of 3 Months, 22% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 722 responses on AmbitionBox in last 2 years.

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Reliance Nippon Life Insurance Mumbai Salaries by Department

Average annual salary in Reliance Nippon Life Insurance , Mumbai is INRunlock blur . Salary estimates are based on 1.2k Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.

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