Reliance Nippon Life Insurance Retention Officer Salaries by 4 Employees (Updated 2025)

3 - 9 years exp.

₹1.1 Lakh - ₹4 Lakhs

Low Confidence

Salary of majority employees

33% less than the average Retention Officer Salary in Insurance Companies for 3 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Retention Officer Salary 4 - 9 years exp. (3 salaries)	₹1.1 L/yr - ₹2.3 L/yr
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Customer Success, Service & Operations Retention Officer Salary 3 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.4 L/yr

Last Updated: 1 Jun 2024

Companies similar to Reliance Nippon Life Insurance for Retention Officer

Company name	Avg Annual Salary	Open Jobs
Max Life Insurance Retention Officer Salary 1 - 3 years exp. (4 salaries)	₹2.9 L/yr - ₹4 L/yr 53% more
Star Health & Allied Insurance Retention Officer Salary 0 - 9 years exp. (7 salaries)	₹2 L/yr - ₹3.5 L/yr 28% more
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IndusInd Bank Retention Officer Salary 0 - 5 years exp. (28 salaries)	₹1.7 L/yr - ₹3.5 L/yr 11% more
Bajaj Allianz General Insurance Retention Officer Salary 0 - 4 years exp. (8 salaries)	₹1.5 L/yr - ₹2.8 L/yr 6% more
Tech Mahindra Retention Officer Salary 5 - 17 years exp. (7 salaries)	₹5 L/yr - ₹6.5 L/yr 174% more

Retention Officer salary at Reliance Nippon Life Insurance ranges between ₹1.1 Lakh to ₹4 Lakhs per year for employees with experience between 3 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of Reliance Nippon Life Insurance.

Experience wise Reliance Nippon Life Insurance Retention Officer salaries

Last Updated: 1 Jun 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
4 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹1.2 L/yr
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6 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr
9 years (AmbitionBox Estimate)	₹1 L/yr - ₹1.3 L/yr

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Salary related reviews for Reliance Nippon Life Insurance

Team Lead in Mirza

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.

Salary - Poor

+3 more

Relationship Manager in New Delhi

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

Dislikes

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

Job security - Poor

+4 more

Sales Executive in Lucknow

Life Insurance Department

5.0

• posted on 23 Apr 2022

5.0

for Salary and Benefits

Likes

It is won

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joiners

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

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I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Reliance Nippon Life Insurance Retention Officer Salary FAQs

What is the salary of Retention Officer at Reliance Nippon Life Insurance?

Retention Officer salary at Reliance Nippon Life Insurance in India ranges between ₹1.1 Lakhs to ₹4.0 Lakhs for experience between 3 years to 9 years. According to our estimates it is 33% less than the average Retention Officer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Reliance Nippon Life Insurance India.

How does the salary of a Retention Officer at Reliance Nippon Life Insurance India compare with the average salary range for this job?

The average salary of a Retention Officer at Reliance Nippon Life Insurance is 33% less than the average salary of a Retention Officer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Reliance Nippon Life Insurance to a Retention Officer in India?

Tech Mahindra Retention Officer Salary - ₹5.0 Lakhs to ₹6.5 Lakhs per year
Max Life Insurance Retention Officer Salary - ₹2.9 Lakhs to ₹4.0 Lakhs per year
Star Health & Allied Insurance Retention Officer Salary - ₹2.0 Lakhs to ₹3.5 Lakhs per year
IndusInd Bank Retention Officer Salary - ₹1.7 Lakhs to ₹3.5 Lakhs per year
Bajaj Allianz General Insurance Retention Officer Salary - ₹1.5 Lakhs to ₹2.8 Lakhs per year

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

The estimated take-home salary of a Retention Officer at Reliance Nippon Life Insurance ranges between ₹14,494 per month to ₹16,017 per month in India. The take-home salary calculation is based on the average Reliance Nippon Life Insurance Retention Officer salary in India which ranges between ₹1.1 Lakhs to ₹4.0 Lakhs per year for employees with experience between 3 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Retention Officer at Reliance Nippon Life Insurance?

According to AmbitionBox, 100% of the Reliance Nippon Life Insurance Retention Officers reported a notice period of 15 days or less.This is based on 2 responses on AmbitionBox in last 2 years.

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Reliance Nippon Life Insurance Retention Officer Salaries by Location

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Reliance Nippon Life Insurance Retention Officer Salaries

Reliance Nippon Life Insurance Retention Officer salary in India ranges between ₹1.1 Lakh to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.