Reliance Nippon Life Insurance Product Manager Salaries by 7 Employees

3 - 7 years exp.

₹6 Lakhs - ₹15 Lakhs

Low Confidence

Salary of majority employees

44% less than the average Product Manager Salary in Insurance Companies for 3 - 7 years of experience

Interested in this particular role?

Last Updated: 16 Nov 2024

Companies similar to Reliance Nippon Life Insurance for Product Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Product Manager Salary 0 - 6 years exp. (240 salaries)	₹6 L/yr - ₹22.9 L/yr 11% more
HDFC Life Product Manager Salary 2 - 8 years exp. (77 salaries)	₹7.5 L/yr - ₹20 L/yr 9% more
Login to view exact salary
ICICI Prudential Life Insurance Product Manager Salary 0 - 6 years exp. (33 salaries)	₹6.7 L/yr - ₹19 L/yr 26% more
Axis Max Life Insurance Product Manager Salary 2 - 9 years exp. (27 salaries)	₹7.2 L/yr - ₹30 L/yr 38% more
Kotak Mahindara Life Insurance Product Manager Salary 1 - 8 years exp. (26 salaries)	₹7.9 L/yr - ₹31 L/yr 58% more
HDFC Ergo General Insurance Product Manager Salary 0 - 2 years exp. (20 salaries)	₹13 L/yr - ₹19 L/yr 27% more
Star Health & Allied Insurance Product Manager Salary 4 - 8 years exp. (16 salaries)	₹13 L/yr - ₹30.5 L/yr 44% more	1 job opening
SBI Life Insurance Company Product Manager Salary 2 - 9 years exp. (15 salaries)	₹7.8 L/yr - ₹14.5 L/yr 6% less
Bajaj Allianz General Insurance Product Manager Salary 1 - 13 years exp. (13 salaries)	₹5 L/yr - ₹19 L/yr 4% less
Bajaj Allianz Life Insurance Product Manager Salary 0 - 13 years exp. (13 salaries)	₹8 L/yr - ₹30 L/yr 47% more
Principal Global Services Product Manager Salary 8 - 14 years exp. (12 salaries)	₹26.5 L/yr - ₹44 L/yr 177% more
Login to view exact salary
Tata AIA Life Insurance Product Manager Salary 5 - 10 years exp. (8 salaries)	₹11 L/yr - ₹32 L/yr 49% more
Aditya Birla Health Insurance Co Product Manager Salary 2 - 9 years exp. (8 salaries)	₹9 L/yr - ₹25.5 L/yr 33% more
Aditya Birla Sun Life Insurance Product Manager Salary 1 - 6 years exp. (7 salaries)	₹10 L/yr - ₹16 L/yr 28% more
MetLife Product Manager Salary 5 - 24 years exp. (4 salaries)	₹20 L/yr - ₹28.5 L/yr 95% more
PNB MetLife Product Manager Salary 2 - 8 years exp. (4 salaries)	₹14.5 L/yr - ₹25 L/yr 60% more
SBI General Insurance Product Manager Salary 1 - 13 years exp. (3 salaries)	₹8.2 L/yr - ₹15.5 L/yr 8% less

Product Manager salary at Reliance Nippon Life Insurance ranges between ₹6 Lakhs to ₹15 Lakhs per year for employees with experience between 3 years to 7 years. Salary estimates are based on 7 latest salaries received from various employees of Reliance Nippon Life Insurance.

Experience wise Reliance Nippon Life Insurance Product Manager salaries

Last Updated: 16 Nov 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹12.1 L/yr - ₹13 L/yr
4 years (AmbitionBox Estimate)	₹11.2 L/yr - ₹14.3 L/yr
Login to view exact salary
5 years (AmbitionBox Estimate)	₹6 L/yr - ₹15 L/yr
6 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹12 L/yr
7 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹21.2 L/yr

Similar Designation salaries in Reliance Nippon Life Insurance

Project Manager Salary

(5 salaries)

₹8 L/yr - ₹18.5 L/yr

Production Manager Salary

(AmbitionBox Estimate)

₹6.4 L/yr - ₹8.2 L/yr

Program Manager Salary

(3 salaries)

₹8.08 L/yr - ₹18.2 L/yr

Deputy Manager Salary

(64 salaries)

₹3.7 L/yr - ₹12.42 L/yr

Senior Product Manager Salary

(AmbitionBox Estimate)

₹21.6 L/yr - ₹27.6 L/yr

Scrum Master Salary

(AmbitionBox Estimate)

₹10.8 L/yr - ₹13.8 L/yr

Senior Project Manager Salary

(AmbitionBox Estimate)

₹39.6 L/yr - ₹50.6 L/yr

Associate Product Manager Salary

(AmbitionBox Estimate)

₹11.7 L/yr - ₹15 L/yr

Assistant Product Manager Salary

(AmbitionBox Estimate)

₹6.8 L/yr - ₹8.7 L/yr

Business Analyst Salary

(5 salaries)

₹3 L/yr - ₹5.02 L/yr

Salary related reviews for Reliance Nippon Life Insurance

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

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.

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 .

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

Dislikes

Many dislikes which I mention in like section

Salary - Poor

+5 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

Got a question about Reliance Nippon Life Insurance?

Ask anonymously on communities.

Reliance Nippon Life Insurance Product Manager Salary FAQs

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

The average salary of a Product Manager at Reliance Nippon Life Insurance in India typically ranges from ₹6.0 Lakhs to ₹15.0 Lakhs per year, depending on experience (from 3 years to 7 years).

The top 10% of Product Manager at Reliance Nippon Life Insurance earn more than ₹14.6 Lakhs per year, and the top 1% earn over ₹15.0 Lakhs per year. Product 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 7 Reliance Nippon Life Insurance employees in India.

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

The estimated take-home salary of a Product Manager at Reliance Nippon Life Insurance in India typically ranges from ₹86,740 to ₹89,013 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹15.0 Lakhs per year for employees with experience ranging from 3 years to 7 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 7 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 Product Manager in India?

Principal Global Services	₹26.5 Lakhs to ₹44.0 Lakhs per year
MetLife	₹20.0 Lakhs to ₹28.5 Lakhs per year
PNB MetLife	₹14.5 Lakhs to ₹25.0 Lakhs per year
Kotak Mahindara Life Insurance	₹7.9 Lakhs to ₹31.0 Lakhs per year
Tata AIA Life Insurance	₹11.0 Lakhs to ₹32.0 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 Product Manager in companies similar to Reliance Nippon Life Insurance in India?

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

Bajaj Allianz Life Insurance	₹8.0 Lakhs to ₹30.0 Lakhs per year
Star Health & Allied Insurance	₹13.0 Lakhs to ₹30.5 Lakhs per year
Axis Max Life Insurance	₹7.2 Lakhs to ₹30.0 Lakhs per year
Aditya Birla Health Insurance Co	₹9.0 Lakhs to ₹25.5 Lakhs per year
Aditya Birla Sun Life Insurance	₹10.0 Lakhs to ₹16.0 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 Product Manager at Reliance Nippon Life Insurance in India?

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

Experience	Average Salary Range
3 years	₹12.1 Lakhs to ₹13.0 Lakhs per year
4 years	₹11.2 Lakhs to ₹14.3 Lakhs per year
5 years	₹6.0 Lakhs to ₹15.0 Lakhs per year
6 years	₹4.8 Lakhs to ₹12.0 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
Reliance Nippon Life Insurance Salaries >
Reliance Nippon Life Insurance Product Manager Salaries

Reliance Nippon Life Insurance Product Manager salary in India ranges between ₹6 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.