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Reliance Nippon Life Insurance National Manager salaries in Mumbai

Annual salary range
14 - 16 years exp.
₹39 Lakhs - ₹43 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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At par with the average National Manager Salary in Insurance Companies for 14 - 16 years of experience

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Salaries in different departments

Sales & Business Development
National Manager Salary
14 - 15 years exp. (AmbitionBox Estimate)
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₹35.1 L/yr - ₹42.9 L/yr

Product Management
National Manager Salary
16 years exp. (AmbitionBox Estimate)
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₹38.7 L/yr - ₹47.3 L/yr

Last Updated: 27 Sep 2024

Companies similar to Reliance Nippon Life Insurance for National Manager in Mumbai

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Reliance Nippon Life Insurance National Manager Salary

14 - 16 years exp. (4 salaries)

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₹39 L/yr - ₹43 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹40 L/yr - ₹46 L/yr

arrow icon 4% more
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₹30 L/yr - ₹42.7 L/yr

arrow icon 8% less
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₹35 L/yr - ₹50 L/yr

At par
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₹39 L/yr - ₹52 L/yr

arrow icon 13% more
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Bajaj Finserv National Manager Salary

11 - 14 years exp. (5 salaries)

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₹29 L/yr - ₹50 L/yr

arrow icon 12% more
National Manager salary at Reliance Nippon Life Insurance ranges between ₹39 Lakhs to ₹43 Lakhs per year for employees with experience between 14 years to 16 years. Salary estimates are based on 4 latest salaries received from various employees of Reliance Nippon Life Insurance.

Latest annual salaries shared by Reliance Nippon Life Insurance National Manager in Mumbai

6mo ago
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16 years exp.

Experience wise Reliance Nippon Life Insurance National Manager salaries in Mumbai

Last Updated: 27 Sep 2024

Experience Avg Annual Salary
14 years (AmbitionBox Estimate)

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₹35.1 L/yr - ₹44.9 L/yr
15+ years  (3 salaries)

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₹39 L/yr - ₹43 L/yr

Similar Designation salaries in Reliance Nippon Life Insurance

Sales Manager Salary
(20 salaries)
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₹1.5 L/yr - ₹5 L/yr
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₹13.9 L/yr - ₹32 L/yr
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₹15 L/yr - ₹31 L/yr
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₹4 L/yr - ₹6 L/yr
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₹30 L/yr - ₹80 L/yr
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₹19 L/yr - ₹22.3 L/yr

Salary related reviews for Reliance Nippon Life Insurance

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 02 Oct 2022

5.0
 for  Salary and Benefits

Likes

This a good platform to grow up.. Salary and incentives are pretty good...it was a great experience to work with this RNLIC organization

read more
  • Salary - Excellent
  • +5 more

Dislikes

The Branch Manager of Goalpara Branch is neither a good leader nor a good human being

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 30 Aug 2017

2.0
 for  Salary and Benefits

Likes

Teammates and Immediate supervisor was excellent

  • Skill development - Good

Dislikes

You have to only work and there is no such compensation rather the higher management was horrible and worst, they only know how to fill there pockets not the base levels

read more
  • Salary - Poor
  • +3 more

Sales & Business Development Department

4.0
  •  posted on 18 Oct 2018

4.0
 for  Salary and Benefits

Likes

Reliance Nippon life insurance is one of the Prestigious Company In India with huge employees & advisor network, thousands of Branches all over the Nation. Well, one of I like about this company is their learning & skill development tools/aaps.

read more
  • Salary - Good
  • +6 more

Dislikes

...tion level, HR level also not active so its create strong connectivity problem . Salary structure is very poor, payslip & offerletter's CTC are different. Branch Manager's expectations some times very challenging & hard for Sales team. Company's android Applications (apps) many of times not working properly, so it's hard to make productive. Depends on aforesaid circumstances these are my own & personal opinion/ believe.

read more

Other Department

4.0
  •  posted on 18 Apr 2018

2.0
 for  Salary and Benefits

Likes

Iam working in Direct marketing channels (loyalty channel ) Iam proving in a one year got a 3 promotions and get the dubai trips etc.. Iam happy with working in Reliance.

read more
  • Skill development - Good
  • +2 more

Dislikes

When I joined in Reliance life the manager told me when your package high in year you get the 50%of ctc incentive after financial year. I was Aggressively working in a year got the 3 promotions S. R. M to B. R. M(2.20Lac to 4.00lac)packages. But my incentive is zero. That's why I disappointment and resigned my job

read more
  • Salary - Poor

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

read more
  • 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.

read more
  • Salary - Poor
  • +1 more
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Reliance Nippon Life Insurance National Manager Salary FAQs

What is the salary of National Manager at Reliance Nippon Life Insurance in Mumbai?
The average salary of a National Manager at Reliance Nippon Life Insurance in Mumbai typically ranges from ₹39.0 Lakhs to ₹43.0 Lakhs per year, depending on experience (from 14 years to 16 years).

The top 10% of National Manager in Mumbai at Reliance Nippon Life Insurance earn more than ₹43.0 Lakhs per year, and the top 1% earn over ₹43.0 Lakhs per year. National 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 National Manager at Reliance Nippon Life Insurance in Mumbai?
The estimated take-home salary of a National Manager at Reliance Nippon Life Insurance in Mumbai typically ranges from ₹2,39,718 to ₹2,49,419 per month. This is based on the average salary range of ₹39.0 Lakhs to ₹43.0 Lakhs per year for employees with experience ranging from 14 years to 16 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 National Manager in India?
Magma HDI General Insurance ₹39.0 Lakhs to ₹52.0 Lakhs per year
Bajaj Finserv ₹29.0 Lakhs to ₹50.0 Lakhs per year
HDFC Ergo General Insurance ₹40.0 Lakhs to ₹46.0 Lakhs per year
Reliance General Insurance ₹35.0 Lakhs to ₹50.0 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 National Manager in companies similar to Reliance Nippon Life Insurance in Mumbai?
The salary of a National Manager at companies similar to Reliance Nippon Life Insurance in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Star Health & Allied Insurance ₹30.0 Lakhs to ₹42.7 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 National Manager at Reliance Nippon Life Insurance in Mumbai?
The salary growth for a National Manager at Reliance Nippon Life Insurance in Mumbai depends on factors such as experience, performance, and promotions. On average, a National Manager in Mumbai can expect the following growth trajectory at Reliance Nippon Life Insurance:

Experience Average Salary Range
14 years ₹35.1 Lakhs to ₹44.9 Lakhs per year
15 years ₹39.0 Lakhs to ₹43.0 Lakhs per year
and so on.

Tell us how to improve this page.

Reliance Nippon Life Insurance National Manager salary in Mumbai ranges between ₹39 Lakhs to ₹43 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.