Reliance Nippon Life Insurance S.R.M Salaries by 9 Employees (Updated 2024)

1 - 6 years exp.

₹2.6 Lakhs - ₹3 Lakhs

Low Confidence

Salary of majority employees

33% less than the average S.R.M Salary in Insurance Companies for 1 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading S.R.M Salary 1 - 6 years exp. (4 salaries)	₹2.6 L/yr - ₹2.8 L/yr
Sales & Business Development S.R.M Salary 3 - 5 years exp. (AmbitionBox Estimate)	₹2.6 L/yr - ₹3 L/yr
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Customer Success, Service & Operations S.R.M Salary 5 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹2.8 L/yr

Last Updated: 9 Apr 2023

Companies similar to Reliance Nippon Life Insurance for S.R.M

Company name	Avg Annual Salary	Open Jobs
Max Life Insurance S.R.M Salary 7 - 8 years exp. (3 salaries)	₹4.5 L/yr - ₹5.5 L/yr 72% more
Bajaj Allianz Life Insurance S.R.M Salary 0 - 7 years exp. (20 salaries)	₹2.6 L/yr - ₹3.8 L/yr 12% more
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Tata AIA Life Insurance S.R.M Salary 3 - 6 years exp. (4 salaries)	₹3.9 L/yr - ₹5.2 L/yr 55% more
PNB MetLife S.R.M Salary 4 - 12 years exp. (30 salaries)	₹2.6 L/yr - ₹5.5 L/yr 62% more
Star Health & Allied Insurance S.R.M Salary 1 - 6 years exp. (5 salaries)	₹2.8 L/yr - ₹3.8 L/yr 14% more
ICICI Lombard General Insurance Company S.R.M Salary 7 - 14 years exp. (3 salaries)	₹5.9 L/yr - ₹6.5 L/yr 129% more
Aditya Birla Health Insurance Co S.R.M Salary 4 - 6 years exp. (3 salaries)	₹3.4 L/yr - ₹4.3 L/yr 36% more
Care Health Insurance S.R.M Salary 1 - 11 years exp. (3 salaries)	₹2.8 L/yr - ₹8.9 L/yr 86% more

S.R.M salary at Reliance Nippon Life Insurance ranges between ₹2.6 Lakhs to ₹3 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 9 latest salaries received from various employees of Reliance Nippon Life Insurance.

Experience wise Reliance Nippon Life Insurance S.R.M salaries

Last Updated: 9 Apr 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.6 L/yr - ₹5 L/yr
2 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹5 L/yr
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3 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹5 L/yr
4 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
5 years (3 salaries)	₹2.6 L/yr - ₹3 L/yr
6 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹2.8 L/yr

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Salary related reviews for Reliance Nippon Life Insurance

3.1

Rated by 3 employees for salary & benefits

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 .

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.

Dislikes

There is no appraisal criteria here. Only way to increase your salary is tthrough promotions and which sometime is difficult to achieve .

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

Assistant Branch Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 09 Jun 2023

3.0

for Salary and Benefits

Likes

I am working in Face to Face channel that concept is good & that channel work on women Empowerment when I hired that women & groom also that movement feel good when she earn self respect from society. Salary always give on time.

Dislikes

Salary package less Promotion option Nil On Festival like Diwali even not give single rupee gift even . PLI stop from last year No support on Stationery & Housekeeping materials.

Business Relationship Manager in Prayagraj / Allahabad

Full Time

Sales & Business Development Department

3.0

• posted on 04 Jun 2023

4.0

for Salary and Benefits

Likes

The rahe away Salary is good.

Dislikes

Pathetic Infra & Admin work. No neat & clean offices. No Office Decorum. No RO & Coffee machine. AC not working properly & few out of service. Untidy & Dirty Meeting Room. Senior Employee chewing Paan & Masala openly in office premises.

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Reliance Nippon Life Insurance S.R.M Salary FAQs

What is the salary of S.R.M at Reliance Nippon Life Insurance?

S.R.M salary at Reliance Nippon Life Insurance in India ranges between ₹2.6 Lakhs to ₹3.0 Lakhs for experience between 1 years to 6 years. According to our estimates it is 33% less than the average S.R.M Salary in India. Salary estimates are based on 9 latest salaries received from various employees of Reliance Nippon Life Insurance India.

How does the salary of a S.R.M at Reliance Nippon Life Insurance India compare with the average salary range for this job?

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

Which similar companies are paying more than Reliance Nippon Life Insurance to a S.R.M in India?

ICICI Lombard General Insurance Company S.R.M Salary - ₹5.9 Lakhs to ₹6.5 Lakhs per year
Care Health Insurance S.R.M Salary - ₹2.8 Lakhs to ₹8.9 Lakhs per year
Max Life Insurance S.R.M Salary - ₹4.5 Lakhs to ₹5.5 Lakhs per year
PNB MetLife S.R.M Salary - ₹2.6 Lakhs to ₹5.5 Lakhs per year
Tata AIA Life Insurance S.R.M Salary - ₹3.9 Lakhs to ₹5.2 Lakhs per year

What is the salary of a S.R.M in companies similar to Reliance Nippon Life Insurance in India?

Aditya Birla Health Insurance Co S.R.M Salary - ₹3.4 Lakhs to ₹4.3 Lakhs per year
Star Health & Allied Insurance S.R.M Salary - ₹2.8 Lakhs to ₹3.8 Lakhs per year
Bajaj Allianz Life Insurance S.R.M Salary - ₹2.6 Lakhs to ₹3.8 Lakhs per year

What is the estimated take home salary of a S.R.M at Reliance Nippon Life Insurance in India?

The estimated take-home salary of a S.R.M at Reliance Nippon Life Insurance ranges between ₹19,519 per month to ₹21,190 per month in India. The take-home salary calculation is based on the average Reliance Nippon Life Insurance S.R.M salary in India which ranges between ₹2.6 Lakhs to ₹3.0 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?

What is the notice period for S.R.M at Reliance Nippon Life Insurance?

According to AmbitionBox, 100% of the Reliance Nippon Life Insurance S.R.Ms reported a notice period of 15 days or less.This is based on 4 responses on AmbitionBox in last 2 years.

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Reliance Nippon Life Insurance S.R.M Salaries

Reliance Nippon Life Insurance S.R.M salary in India ranges between ₹2.6 Lakhs to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.