Reliance Nippon Life Insurance Sales Development Manager Salaries by 3 Employees (Updated 2024)

0 - 3 years exp.

₹2.6 Lakhs - ₹3 Lakhs

Low Confidence

Salary of majority employees

37% less than the average Sales Development Manager Salary in Insurance Companies for 0 - 3 years of experience

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Last Updated: 17 Jun 2023

Companies similar to Reliance Nippon Life Insurance for Sales Development Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Sales Development Manager Salary 1 - 8 years exp. (4 salaries)	₹2.5 L/yr - ₹5.2 L/yr 38% more
HDFC Life Sales Development Manager Salary 0 - 8 years exp. (949 salaries)	₹1.5 L/yr - ₹4.5 L/yr 11% more	4 job openings
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SBI Life Insurance Company Sales Development Manager Salary 0 - 8 years exp. (15 salaries)	₹2.5 L/yr - ₹4 L/yr 6% more
Max Life Insurance Sales Development Manager Salary 3 - 5 years exp. (4 salaries)	₹1.8 L/yr - ₹3 L/yr 8% less
Bajaj Allianz Life Insurance Sales Development Manager Salary 3 - 9 years exp. (4 salaries)	₹1.8 L/yr - ₹5 L/yr 21% more
Kotak Mahindara Life Insurance Sales Development Manager Salary 0 - 6 years exp. (4 salaries)	₹3.5 L/yr - ₹6.5 L/yr 59% more
Tata AIA Life Insurance Sales Development Manager Salary 2 - 5 years exp. (5 salaries)	₹2.5 L/yr - ₹4.8 L/yr 27% more
Shriram Life Insurance Sales Development Manager Salary 1 - 3 years exp. (7 salaries)	₹1.8 L/yr - ₹2.4 L/yr 27% less
HDFC Ergo General Insurance Sales Development Manager Salary 3 - 5 years exp. (4 salaries)	₹2.2 L/yr - ₹2.7 L/yr 10% less
ICICI Lombard General Insurance Company Sales Development Manager Salary 2 - 14 years exp. (3 salaries)	₹3.3 L/yr - ₹6 L/yr 55% more

Sales Development Manager salary at Reliance Nippon Life Insurance ranges between ₹2.6 Lakhs to ₹3 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 3 latest salaries received from various employees of Reliance Nippon Life Insurance.

Experience wise Reliance Nippon Life Insurance Sales Development Manager salaries

Last Updated: 17 Jun 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.1 L/yr - ₹3 L/yr
1 year (AmbitionBox Estimate)	₹2.5 L/yr - ₹5.1 L/yr
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2 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
3 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3 L/yr

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Salary related reviews for Reliance Nippon Life Insurance

4.0

Rated by 1 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 .

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.

Branch Manager in Anantnag

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.

Dislikes

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

Branch Manager in Varanasi

BFSI, Investments & Trading Department

5.0

• posted on 27 May 2022

5.0

for Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive and the management is transport

Dislikes

There is a lot of policies and the management doesn't adress our issue. Salary is decent but career growth is slow.

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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 Sales Development Manager Salaries

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

Reliance Nippon Life Insurance Sales Development Manager salaries in India

Companies similar to Reliance Nippon Life Insurance for Sales Development Manager

Latest annual salaries shared by Reliance Nippon Life Insurance Sales Development Manager

Experience wise Reliance Nippon Life Insurance Sales Development Manager salaries

Similar Designation salaries in Reliance Nippon Life Insurance

Salary related reviews for Reliance Nippon Life Insurance

Agency Development Manager in Kolkata

Key Relationship Manager in Jammu

Assistant Branch Manager in New Delhi

Branch Manager in Anantnag

Branch Manager in Varanasi

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