Reliance Nippon Life Insurance Mumbai Suburban Sales Executive Salaries by 4 Employees

0 - 4 years exp.

₹1.3 Lakh - ₹6.6 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average Sales Executive Salary in Insurance Companies for 0 - 4 years of experience

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Salaries in different departments

BFSI, Investments & Trading Sales Executive Salary 2 - 4 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹6.6 L/yr
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Sales & Business Development Sales Executive Salary 0 - 1 year exp. (AmbitionBox Estimate)	₹1.3 L/yr - ₹3 L/yr

Last Updated: 5 Jul 2024

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

Reliance Nippon Life Insurance Sales Executive Salary

0 - 4 years exp. (4 salaries)

₹1.3 L/yr - ₹6.6 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Sales Executive Salary 2 - 5 years exp. (5 salaries)	₹1.6 L/yr - ₹2.5 L/yr 21% less
Lodha Group Sales Executive Salary 1 - 6 years exp. (10 salaries)	₹4.8 L/yr - ₹11 L/yr 125% more
Login to view exact salary
Vijay Sales Sales Executive Salary 1 - 8 years exp. (8 salaries)	₹1.7 L/yr - ₹4 L/yr 1% more	1 job opening
Yashodeep Institute of Pharmacy Sales Executive Salary 0 - 5 years exp. (5 salaries)	₹0.2 L/yr - ₹3.1 L/yr 37% less
Royal Enfield Sales Executive Salary 1 - 7 years exp. (4 salaries)	₹1.8 L/yr - ₹3.4 L/yr 16% less

Sales Executive salary at Reliance Nippon Life Insurance ranges between ₹1.3 Lakh to ₹6.6 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Reliance Nippon Life Insurance.

Experience wise Reliance Nippon Life Insurance Sales Executive salaries in Mumbai Suburban

Last Updated: 5 Jul 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
1 year (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
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2 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
3 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
4 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr

Similar Designation salaries in Reliance Nippon Life Insurance

Deputy Manager Salary

(4 salaries)

₹5.6 L/yr - ₹10.25 L/yr

Salary related reviews for Reliance Nippon Life Insurance

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

Sales Manager in Goalpara

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

Salary - Excellent

+5 more

Dislikes

The Branch Manager of Goalpara Branch is neither a good leader nor a good human being

Business Development Manager in Kolkata

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

Salary - Poor

+3 more

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

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Reliance Nippon Life Insurance Sales Executive Salary FAQs

What is the salary of Sales Executive at Reliance Nippon Life Insurance in Mumbai Suburban?

The average salary of a Sales Executive at Reliance Nippon Life Insurance in Mumbai Suburban typically ranges from ₹1.3 Lakhs to ₹6.6 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Sales Executive in Mumbai Suburban at Reliance Nippon Life Insurance earn more than ₹6.6 Lakhs per year, and the top 1% earn over ₹6.6 Lakhs per year. Sales Executive 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 4 Reliance Nippon Life Insurance employees in India.

What is the estimated take home salary of a Sales Executive at Reliance Nippon Life Insurance in Mumbai Suburban?

The estimated take-home salary of a Sales Executive at Reliance Nippon Life Insurance in Mumbai Suburban typically ranges from ₹20,710 to ₹22,362 per month. This is based on the average salary range of ₹1.3 Lakhs to ₹6.6 Lakhs per year for employees with experience ranging from Fresher to 4 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 4 salaries received from various employees of Reliance Nippon Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Reliance Nippon Life Insurance for Sales Executive in India?

Lodha Group	₹4.8 Lakhs to ₹11.0 Lakhs per year
Vijay Sales	₹1.7 Lakhs to ₹4.0 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 Sales Executive in companies similar to Reliance Nippon Life Insurance in Mumbai Suburban?

The salary of a Sales Executive at companies similar to Reliance Nippon Life Insurance in Mumbai Suburban varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Royal Enfield	₹1.8 Lakhs to ₹3.4 Lakhs per year
ICICI Lombard General Insurance Company	₹1.6 Lakhs to ₹2.5 Lakhs per year
Yashodeep Institute of Pharmacy	₹0.2 Lakhs to ₹3.1 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 Sales Executive at Reliance Nippon Life Insurance in Mumbai Suburban?

The salary growth for a Sales Executive at Reliance Nippon Life Insurance in Mumbai Suburban depends on factors such as experience, performance, and promotions. On average, a Sales Executive in Mumbai Suburban can expect the following growth trajectory at Reliance Nippon Life Insurance:

Experience	Average Salary Range
Fresher	₹2.4 Lakhs to ₹3.1 Lakhs per year
1 year	₹2.5 Lakhs to ₹3.2 Lakhs per year
2 years	₹2.6 Lakhs to ₹3.3 Lakhs per year
3 years	₹2.7 Lakhs to ₹3.5 Lakhs per year

and so on.

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Reliance Nippon Life Insurance Sales Executive Salaries in Mumbai Suburban

Reliance Nippon Life Insurance Sales Executive salary in Mumbai Suburban ranges between ₹1.3 Lakh to ₹6.6 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.