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Reliance Nippon Life Insurance Relationship Manager salaries in Bangalore / Bengaluru

Annual salary range
1 - 8 years exp.
₹2.6 Lakhs - ₹5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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34% less than the average Relationship Manager Salary in Insurance Companies for 1 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Relationship Manager Salary
2 - 5 years exp. (3 salaries)
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₹3.2 L/yr - ₹5 L/yr

Customer Success, Service & Operations
Relationship Manager Salary
1 - 8 years exp. (3 salaries)
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₹2.6 L/yr - ₹3.7 L/yr

Sales & Business Development
Relationship Manager Salary
4 years exp. (AmbitionBox Estimate)
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₹3.1 L/yr - ₹4 L/yr

Last Updated: 24 Nov 2024

Companies similar to Reliance Nippon Life Insurance for Relationship Manager in Bangalore / Bengaluru

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Reliance Nippon Life Insurance Relationship Manager Salary

1 - 8 years exp. (7 salaries)

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₹2.6 L/yr - ₹5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹2.1 L/yr - ₹5.6 L/yr

arrow icon 16% more
39 job openings
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PNB MetLife Relationship Manager Salary

1 - 9 years exp. (73 salaries)

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₹2.2 L/yr - ₹4.5 L/yr

arrow icon 7% more
2 job openings
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₹2.2 L/yr - ₹4.5 L/yr

arrow icon 2% less
26 job openings
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HDFC Life Relationship Manager Salary

0 - 6 years exp. (47 salaries)

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₹2 L/yr - ₹4 L/yr

arrow icon 1% less
6 job openings
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₹3 L/yr - ₹6.5 L/yr

arrow icon 30% more
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₹2.5 L/yr - ₹6.5 L/yr

arrow icon 30% more
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₹2.3 L/yr - ₹7 L/yr

arrow icon 15% more
18 job openings
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₹3.5 L/yr - ₹7 L/yr

arrow icon 32% more
3 job openings
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₹2.5 L/yr - ₹5 L/yr

arrow icon 13% more
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₹3 L/yr - ₹4.9 L/yr

arrow icon 12% more
34 job openings
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₹2.5 L/yr - ₹6.5 L/yr

arrow icon 66% more
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₹3 L/yr - ₹5.5 L/yr

arrow icon 16% more
Relationship Manager salary at Reliance Nippon Life Insurance ranges between ₹2.6 Lakhs to ₹5 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 7 latest salaries received from various employees of Reliance Nippon Life Insurance.

Latest annual salaries shared by Reliance Nippon Life Insurance Relationship Manager in Bangalore / Bengaluru

4mo ago
₹4 Lakhs
4 years exp.
6mo ago
₹3.2 Lakhs
8 years exp.
9mo ago
₹5 Lakhs
5 years exp.
1y ago
₹3.2 Lakhs
2 years exp.
1y ago
₹2.6 Lakhs
1 year exp.

Experience wise Reliance Nippon Life Insurance Relationship Manager salaries in Bangalore / Bengaluru

Last Updated: 24 Nov 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹3 L/yr - ₹3.8 L/yr
2 years (AmbitionBox Estimate)

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₹3.1 L/yr - ₹3.9 L/yr
3 years (AmbitionBox Estimate)

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₹3.1 L/yr - ₹4 L/yr
4 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4.1 L/yr
5 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹4.2 L/yr
View all

Similar Designation salaries in Reliance Nippon Life Insurance

Branch Manager Salary
(17 salaries)
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₹6 L/yr - ₹10 L/yr
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₹4 L/yr - ₹10 L/yr
Area Manager Salary
(3 salaries)
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₹10.5 L/yr - ₹18 L/yr

Top skills at Reliance Nippon Life Insurance for Relationship Manager

Cost Sales Support HNI Sales Hindi Digital Marketing Life Insurance MIS Reporting Teaching English direct selling LMS Direct Sales Insurance Sales Telugu Business Reporting Mutual Funds Sales

Salary related reviews for Reliance Nippon Life Insurance

2.0

Rated by 1 employees for salary & benefits

BFSI, Investments & Trading Department

3.0
  •  posted on 01 Feb 2022

3.0
 for  Salary and Benefits

Likes

Here when I started with company I got to know company has no enough data to call customer for advising any policy we need to visit our family members house only for selling policies its better to be a agent as we needs to sell policy to our family or pay out is heigh there

read more

Dislikes

No compensation for home visit like petrol expanse in 30k salary we need to visit customer home for meeting on own expense

read more
  • Job security - Poor
  • +4 more

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 23 Jun 2022

5.0
 for  Salary and Benefits

Likes

Good work culture and environment. Transparent management supportive team. Company policies are good, bonus every month.

read more
  • Salary - Excellent
  • +5 more

Dislikes

There is not formal Traning only online tranings and Salary is very low and and its IPM branch.

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Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 29 Jun 2022

2.0
 for  Salary and Benefits

Likes

Office Timing is very good.

  • Job security - Good

Dislikes

In Branch operations employee unnecessary salary cut is very bad culture. And need saturday off twice in a month. Career growth is very slow and no options in operations department.

read more
  • Salary - Poor
  • +3 more
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Reliance Nippon Life Insurance Relationship Manager Salary FAQs

What is the salary of Relationship Manager at Reliance Nippon Life Insurance in Bangalore / Bengaluru?
The average salary of a Relationship Manager at Reliance Nippon Life Insurance in Bangalore / Bengaluru typically ranges from ₹2.6 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 1 year to 8 years).

The top 10% of Relationship Manager in Bangalore / Bengaluru at Reliance Nippon Life Insurance earn more than ₹4.8 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Relationship 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 Relationship Manager at Reliance Nippon Life Insurance in Bangalore / Bengaluru?
The estimated take-home salary of a Relationship Manager at Reliance Nippon Life Insurance in Bangalore / Bengaluru typically ranges from ₹26,073 to ₹27,496 per month. This is based on the average salary range of ₹2.6 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 1 year 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 7 salaries received from various employees of Reliance Nippon Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Relationship Manager at Reliance Nippon Life Insurance in Bangalore / Bengaluru?
To be a Relationship Manager at Reliance Nippon Life Insurance in Bangalore / Bengaluru, the key skills required include:

  • - Cost
  • - Sales Support
  • - HNI Sales
  • - Hindi
  • - Digital Marketing

These skills are highly valued at Reliance Nippon Life Insurance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Reliance Nippon Life Insurance for Relationship Manager in India?
Aditya Birla Health Insurance Co ₹2.5 Lakhs to ₹6.5 Lakhs per year
ICICI Lombard General Insurance Company ₹3.5 Lakhs to ₹7.0 Lakhs per year
ICICI Prudential Life Insurance ₹3.0 Lakhs to ₹6.5 Lakhs per year
Axis Max Life Insurance ₹2.5 Lakhs to ₹6.5 Lakhs per year
Shriram Life Insurance ₹3.0 Lakhs to ₹5.5 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 Relationship Manager in companies similar to Reliance Nippon Life Insurance in Bangalore / Bengaluru?
The salary of a Relationship Manager at companies similar to Reliance Nippon Life Insurance in Bangalore / Bengaluru varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Tata AIA Life Insurance ₹2.1 Lakhs to ₹5.6 Lakhs per year
Kotak Mahindara Life Insurance ₹2.3 Lakhs to ₹7.0 Lakhs per year
Aditya Birla Sun Life Insurance ₹2.5 Lakhs to ₹5.0 Lakhs per year
Bajaj Allianz General Insurance ₹3.0 Lakhs to ₹4.9 Lakhs per year
PNB MetLife ₹2.2 Lakhs to ₹4.5 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 Relationship Manager at Reliance Nippon Life Insurance in Bangalore / Bengaluru?
The salary growth for a Relationship Manager at Reliance Nippon Life Insurance in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Relationship Manager in Bangalore / Bengaluru can expect the following growth trajectory at Reliance Nippon Life Insurance:

Experience Average Salary Range
1 year ₹3.0 Lakhs to ₹3.8 Lakhs per year
2 years ₹3.1 Lakhs to ₹3.9 Lakhs per year
3 years ₹3.1 Lakhs to ₹4.0 Lakhs per year
4 years ₹3.2 Lakhs to ₹4.1 Lakhs per year
and so on.

Tell us how to improve this page.

Reliance Nippon Life Insurance Relationship Manager salary in Bangalore / Bengaluru ranges between ₹2.6 Lakhs to ₹5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.