Reliance Nippon Life Insurance Project Manager Salaries by 5 Employees

4 - 8 years exp.

₹8 Lakhs - ₹18.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

29% less than the average Project Manager Salary in Insurance Companies for 4 - 8 years of experience

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Salaries in different departments

Project & Program Management Project Manager Salary 5 - 8 years exp. (3 salaries)	₹9.8 L/yr - ₹18.5 L/yr
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Engineering - Software & QA Project Manager Salary 4 years exp. (AmbitionBox Estimate)	₹7.2 L/yr - ₹8.8 L/yr

Last Updated: 30 Dec 2023

Companies similar to Reliance Nippon Life Insurance for Project Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz Life Insurance Project Manager Salary 1 - 12 years exp. (64 salaries)	₹6.6 L/yr - ₹18.5 L/yr 10% more
MetLife Project Manager Salary 6 - 17 years exp. (92 salaries)	₹9.2 L/yr - ₹35 L/yr 60% more
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ICICI Prudential Life Insurance Project Manager Salary 1 - 6 years exp. (33 salaries)	₹2.8 L/yr - ₹11.6 L/yr 47% less
Axis Max Life Insurance Project Manager Salary 2 - 14 years exp. (22 salaries)	₹5.1 L/yr - ₹17 L/yr 6% less
HDFC Life Project Manager Salary 1 - 12 years exp. (19 salaries)	₹6.6 L/yr - ₹18 L/yr 2% less
SBI General Insurance Project Manager Salary 1 - 11 years exp. (17 salaries)	₹8 L/yr - ₹20.5 L/yr 7% less
HDFC Ergo General Insurance Project Manager Salary 2 - 14 years exp. (16 salaries)	₹10 L/yr - ₹17.6 L/yr 12% more
Tata AIA Life Insurance Project Manager Salary 5 - 13 years exp. (15 salaries)	₹14.2 L/yr - ₹25 L/yr 54% more
Kotak Mahindara Life Insurance Project Manager Salary 1 - 15 years exp. (14 salaries)	₹6.5 L/yr - ₹22 L/yr 7% more
ICICI Lombard General Insurance Company Project Manager Salary 1 - 15 years exp. (11 salaries)	₹8.8 L/yr - ₹20 L/yr 7% more
Bajaj Allianz General Insurance Project Manager Salary 2 - 16 years exp. (11 salaries)	₹5.9 L/yr - ₹19.3 L/yr 8% more
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Aditya Birla Health Insurance Co Project Manager Salary 5 - 16 years exp. (10 salaries)	₹12 L/yr - ₹24 L/yr 50% more
SBI Life Insurance Company Project Manager Salary 4 - 17 years exp. (7 salaries)	₹6.8 L/yr - ₹14.5 L/yr 9% less
Star Health & Allied Insurance Project Manager Salary 11 - 18 years exp. (7 salaries)	₹8 L/yr - ₹27 L/yr 30% more
PNB MetLife Project Manager Salary 4 - 16 years exp. (6 salaries)	₹9 L/yr - ₹12.2 L/yr 7% less
Allianz Project Manager Salary 10 - 15 years exp. (6 salaries)	₹16 L/yr - ₹25 L/yr 83% more
Shriram Life Insurance Project Manager Salary 9 - 12 years exp. (5 salaries)	₹8 L/yr - ₹18 L/yr 9% more
Gallagher Project Manager Salary 11 - 18 years exp. (5 salaries)	₹20 L/yr - ₹24 L/yr 84% more
Aditya Birla Sun Life Insurance Project Manager Salary 1 - 8 years exp. (5 salaries)	₹5 L/yr - ₹19.2 L/yr 10% less
AIG Project Manager Salary 10 - 14 years exp. (5 salaries)	₹14.9 L/yr - ₹19.2 L/yr 39% more

View all

Project Manager salary at Reliance Nippon Life Insurance ranges between ₹8 Lakhs to ₹18.5 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 5 latest salaries received from various employees of Reliance Nippon Life Insurance.

Experience wise Reliance Nippon Life Insurance Project Manager salaries

Last Updated: 30 Dec 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹8 L/yr - ₹8 L/yr
5 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹9.8 L/yr
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6 years (AmbitionBox Estimate)	₹10.4 L/yr - ₹21.3 L/yr
7 years (AmbitionBox Estimate)	₹6 L/yr - ₹16.5 L/yr
8 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹18.5 L/yr

Similar Designation salaries in Reliance Nippon Life Insurance

Product Manager Salary

(7 salaries)

₹6 L/yr - ₹15 L/yr

Program Manager Salary

(3 salaries)

₹8.08 L/yr - ₹18.2 L/yr

Senior Project Manager Salary

(AmbitionBox Estimate)

₹39.6 L/yr - ₹50.6 L/yr

Scrum Master Salary

(AmbitionBox Estimate)

₹10.8 L/yr - ₹13.8 L/yr

Technical Project Manager Salary

(AmbitionBox Estimate)

₹13.4 L/yr - ₹17.1 L/yr

Business Analyst Salary

(5 salaries)

₹3 L/yr - ₹5.02 L/yr

Technical Lead Salary

(AmbitionBox Estimate)

₹6.6 L/yr - ₹8.4 L/yr

Service Delivery Manager Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Associate Consultant Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Senior Consultant Salary

(3 salaries)

₹3 L/yr - ₹21 L/yr

Salary related reviews for Reliance Nippon Life Insurance

Life Insurance Advisor in Indore

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

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.

Salary - Poor

+1 more

Head Human Resources in Mumbai

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.

Salary - Poor

+6 more

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

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Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

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Reliance Nippon Life Insurance Project Manager Salary FAQs

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

The average salary of a Project Manager at Reliance Nippon Life Insurance in India typically ranges from ₹8.0 Lakhs to ₹18.5 Lakhs per year, depending on experience (from 4 years to 8 years).

The top 10% of Project Manager at Reliance Nippon Life Insurance earn more than ₹18.5 Lakhs per year, and the top 1% earn over ₹18.5 Lakhs per year. Project 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 5 Reliance Nippon Life Insurance employees in India.

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

The estimated take-home salary of a Project Manager at Reliance Nippon Life Insurance in India typically ranges from ₹87,658 to ₹89,958 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹18.5 Lakhs per year for employees with experience ranging from 4 years to 8 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 5 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 Project Manager in India?

Principal Global Services	₹20.0 Lakhs to ₹40.0 Lakhs per year
AXA	₹16.0 Lakhs to ₹70.0 Lakhs per year
Gallagher	₹20.0 Lakhs to ₹24.0 Lakhs per year
Allianz	₹16.0 Lakhs to ₹25.0 Lakhs per year
MetLife	₹9.2 Lakhs to ₹35.0 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 Project Manager in companies similar to Reliance Nippon Life Insurance in India?

The salary of a Project 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:

Tata AIA Life Insurance	₹14.2 Lakhs to ₹25.0 Lakhs per year
Aditya Birla Health Insurance Co	₹12.0 Lakhs to ₹24.0 Lakhs per year
AIG	₹14.9 Lakhs to ₹19.2 Lakhs per year
Star Health & Allied Insurance	₹8.0 Lakhs to ₹27.0 Lakhs per year
HDFC Ergo General Insurance	₹10.0 Lakhs to ₹17.6 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 Project Manager at Reliance Nippon Life Insurance in India?

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

Experience	Average Salary Range
4 years	₹8.0 Lakhs to ₹8.0 Lakhs per year
5 years	₹3.4 Lakhs to ₹9.8 Lakhs per year
6 years	₹10.4 Lakhs to ₹21.3 Lakhs per year
7 years	₹6.0 Lakhs to ₹16.5 Lakhs per year

and so on.

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Reliance Nippon Life Insurance Project Manager Salaries

Reliance Nippon Life Insurance Project Manager salary in India ranges between ₹8 Lakhs to ₹18.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.