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Reliance Nippon Life Insurance Sales Executive salaries in Mumbai

Annual salary range
1 - 3 years exp.
₹1 Lakh - ₹3 Lakhs
Salary of majority employees
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29% less than the average Sales Executive Salary in Insurance Companies for 1 - 3 years of experience

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Salaries in different departments

Sales & Business Development
Sales Executive Salary
1 - 2 years exp. (3 salaries)
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₹1 L/yr - ₹2.2 L/yr

BFSI, Investments & Trading
Sales Executive Salary
2 years exp. (AmbitionBox Estimate)
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₹1.5 L/yr - ₹2.8 L/yr

Finance & Accounting
Sales Executive Salary
2 years exp. (AmbitionBox Estimate)
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₹1.2 L/yr - ₹2.3 L/yr

Last Updated: 30 Jan 2025

Companies similar to Reliance Nippon Life Insurance for Sales Executive in Mumbai

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Reliance Nippon Life Insurance Sales Executive Salary

1 - 3 years exp. (10 salaries)

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₹1 L/yr - ₹3 L/yr

vs
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3 job openings
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HDFC Life Sales Executive Salary

0 - 6 years exp. (26 salaries)

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₹1.1 L/yr - ₹5 L/yr

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₹2 L/yr - ₹4.5 L/yr

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Max Life Insurance Sales Executive Salary

1 - 8 years exp. (7 salaries)

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₹2 L/yr - ₹4.6 L/yr

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₹2.1 L/yr - ₹3.1 L/yr

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1 job opening
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₹1.5 L/yr - ₹3.5 L/yr

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₹0.7 L/yr - ₹4.5 L/yr

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₹1.8 L/yr - ₹4 L/yr

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₹1.2 L/yr - ₹5 L/yr

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₹1.5 L/yr - ₹4.4 L/yr

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₹1.5 L/yr - ₹4.3 L/yr

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₹2 L/yr - ₹4 L/yr

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₹2.8 L/yr - ₹3.4 L/yr

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SBI General Insurance Sales Executive Salary

3 - 5 years exp. (4 salaries)

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₹2 L/yr - ₹3.5 L/yr

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Sales Executive salary at Reliance Nippon Life Insurance ranges between ₹1 Lakh to ₹3 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 10 latest salaries received from various employees of Reliance Nippon Life Insurance.

Latest annual salaries shared by Reliance Nippon Life Insurance Sales Executive in Mumbai

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Experience wise Reliance Nippon Life Insurance Sales Executive salaries in Mumbai

Last Updated: 30 Jan 2025

Experience Avg Annual Salary
1 year  (3 salaries)

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₹1 L/yr - ₹2.3 L/yr
2 years  (6 salaries)

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₹1 L/yr - ₹3 L/yr
3 years (AmbitionBox Estimate)

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₹1 L/yr - ₹3 L/yr

Similar Designation salaries in Reliance Nippon Life Insurance

Sales Manager Salary
(21 salaries)
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₹1.5 L/yr - ₹6 L/yr
Sales Officer Salary
(3 salaries)
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₹1.8 L/yr - ₹2.5 L/yr

Salary related reviews for Reliance Nippon Life Insurance

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

read 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

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

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
see more salary related reviews

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Reliance Nippon Life Insurance Sales Executive Salary FAQs

What is the salary of Sales Executive at Reliance Nippon Life Insurance Mumbai?
Sales Executive salary at Reliance Nippon Life Insurance in Mumbai ranges between ₹1.0 Lakhs to ₹3.0 Lakhs for experience between 1 years to 3 years. According to our estimates it is 29% less than the average Sales Executive Salary in India. Salary estimates are based on 10 latest salaries received from various employees of Reliance Nippon Life Insurance Mumbai.
How does the salary of a Sales Executive at Reliance Nippon Life Insurance Mumbai compare with the average salary range for this job?
The average salary of a Sales Executive at Reliance Nippon Life Insurance is 29% less than the average salary of a Sales Executive in Mumbai. To know exact salary insights, login to view.
Which similar companies are paying more than Reliance Nippon Life Insurance to a Sales Executive in Mumbai?
  • Max Life Insurance Sales Executive Salary - ₹2.0 Lakhs to ₹4.6 Lakhs per year
  • HDFC Life Sales Executive Salary - ₹1.1 Lakhs to ₹5.0 Lakhs per year
  • Aditya Birla Sun Life Insurance Sales Executive Salary - ₹1.8 Lakhs to ₹4.0 Lakhs per year
  • ICICI Prudential Life Insurance Sales Executive Salary - ₹1.8 Lakhs to ₹3.8 Lakhs per year
  • Bajaj Allianz General Insurance Sales Executive Salary - ₹1.5 Lakhs to ₹4.3 Lakhs per year
What is the salary of a Sales Executive in companies similar to Reliance Nippon Life Insurance in Mumbai?
  • Kotak Mahindara Life Insurance Sales Executive Salary - ₹1.5 Lakhs to ₹3.5 Lakhs per year
  • HDFC Ergo General Insurance Sales Executive Salary - ₹1.5 Lakhs to ₹4.4 Lakhs per year
  • SBI General Insurance Sales Executive Salary - ₹2.0 Lakhs to ₹3.5 Lakhs per year
  • Star Health & Allied Insurance Sales Executive Salary - ₹2.8 Lakhs to ₹3.4 Lakhs per year
  • Bajaj Allianz Life Insurance Sales Executive Salary - ₹2.1 Lakhs to ₹3.1 Lakhs per year
What is the estimated take home salary of a Sales Executive at Reliance Nippon Life Insurance in Mumbai?
The estimated take-home salary of a Sales Executive at Reliance Nippon Life Insurance ranges between ₹15,770 per month to ₹17,404 per month in Mumbai. The take-home salary calculation is based on the average Reliance Nippon Life Insurance Sales Executive salary in India which ranges between ₹1.0 Lakhs to ₹3.0 Lakhs per year for employees with experience between 1 years to 3 years. Check how did we calculate take home salary?
What is the notice period for Sales Executive at Reliance Nippon Life Insurance in Mumbai?
According to AmbitionBox, 57% of the Reliance Nippon Life Insurance Sales Executives in Mumbai reported a notice period of 15 days or less, 14% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 7 responses on AmbitionBox in last 2 years.

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Reliance Nippon Life Insurance Sales Executive salary in Mumbai ranges between ₹1 Lakh to ₹3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 10 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.