Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary57% less than the average Sales Manager Salary in Insurance Companies for 0 - 10 years of experience
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Salaries in different departments
BFSI, Investments & Trading
Sales Manager Salary
0 - 9
years
exp.
(82
salaries)
|  ₹1.5 L/yr - ₹5 L/yr |
Sales & Business Development
Sales Manager Salary
0 - 10
years
exp.
(44
salaries)
| ₹1.5 L/yr - ₹4.5 L/yr |
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| |
Marketing & Communication
Sales Manager Salary
1 - 10
years
exp.
(16
salaries)
| ₹1.8 L/yr - ₹3.5 L/yr |
Customer Success, Service & Operations
Sales Manager Salary
1 - 7
years
exp.
(12
salaries)
| ₹1.8 L/yr - ₹4 L/yr |
Finance & Accounting
Sales Manager Salary
0 - 10
years
exp.
(10
salaries)
| ₹2 L/yr - ₹4.5 L/yr |
Companies similar to Reliance Nippon Life Insurance for Sales Manager
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 ICICI Prudential Life Insurance Sales Manager Salary
0 - 12 years exp. (965 salaries) | ₹2.5 L/yr - ₹10.6 L/yr 
124%
more | 20 job openings |
 HDFC Life Sales Manager Salary
0 - 11 years exp. (695 salaries) | ₹1.1 L/yr - ₹7.5 L/yr
57%
more | 5 job openings |
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| ||
 Axis Max Life Insurance Sales Manager Salary
0 - 10 years exp. (613 salaries) | ₹2.7 L/yr - ₹6.2 L/yr
50%
more | 5 job openings |
 ICICI Lombard General Insurance Company Sales Manager Salary
1 - 14 years exp. (568 salaries) | ₹2 L/yr - ₹11.4 L/yr
119%
more | |
 Kotak Mahindara Life Insurance Sales Manager Salary
0 - 10 years exp. (563 salaries) | ₹2 L/yr - ₹6.2 L/yr
45%
more | 11 job openings |
 Bajaj Allianz General Insurance Sales Manager Salary
0 - 13 years exp. (553 salaries) | ₹1.8 L/yr - ₹7 L/yr
51%
more | 57 job openings |
 Aditya Birla Health Insurance Co Sales Manager Salary
0 - 8 years exp. (412 salaries) | ₹2.6 L/yr - ₹5.1 L/yr
33%
more | |
 HDFC Ergo General Insurance Sales Manager Salary
0 - 10 years exp. (283 salaries) | ₹2.4 L/yr - ₹7.7 L/yr
43%
more | |
 Star Health & Allied Insurance Sales Manager Salary
0 - 10 years exp. (233 salaries) | ₹0.6 L/yr - ₹6 L/yr
2%
more | |
 Aditya Birla Sun Life Insurance Sales Manager Salary
1 - 10 years exp. (239 salaries) | ₹2.2 L/yr - ₹10.5 L/yr
104%
more | |
 Bajaj Allianz Life Insurance Sales Manager Salary
0 - 8 years exp. (209 salaries) | ₹1.9 L/yr - ₹7 L/yr
17%
more | 17 job openings |
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| ||
 Tata AIA Life Insurance Sales Manager Salary
4 - 11 years exp. (189 salaries) | ₹2.4 L/yr - ₹8.9 L/yr
88%
more | 3 job openings |
 PNB MetLife Sales Manager Salary
1 - 9 years exp. (153 salaries) | ₹2 L/yr - ₹8 L/yr
22%
more | 104 job openings |
 Shriram Life Insurance Sales Manager Salary
0 - 7 years exp. (112 salaries) | ₹1.7 L/yr - ₹7 L/yr
3%
more | |
 SBI Life Insurance Company Sales Manager Salary
0 - 10 years exp. (87 salaries) | ₹1.2 L/yr - ₹5.5 L/yr
13%
more | 1 job opening |
 MetLife Sales Manager Salary
1 - 7 years exp. (22 salaries) | ₹1.8 L/yr - ₹4 L/yr
6%
more | |
 SBI General Insurance Sales Manager Salary
1 - 11 years exp. (19 salaries) | ₹2 L/yr - ₹6.2 L/yr
40%
more | |
 Life Insurance Corporation of India Sales Manager Salary
4 - 12 years exp. (12 salaries) | ₹3.6 L/yr - ₹6.5 L/yr
43%
more | |
 United India Insurance Company Sales Manager Salary
10 - 14 years exp. (4 salaries) | ₹3.3 L/yr - ₹4.3 L/yr
20%
more | |
 AIG Sales Manager Salary
1 - 5 years exp. (4 salaries) | ₹5.6 L/yr - ₹6.3 L/yr
93%
more | |
Latest annual salaries shared by Reliance Nippon Life Insurance Sales Manager
Experience wise Reliance Nippon Life Insurance Sales Manager salaries
Last Updated: 12 Mar 2025
| Experience | Avg Annual Salary |
|---|---|
| Fresher (16 salaries) |
₹1.8
L/yr
- ₹3.7
L/yr
|
| 1 year (19 salaries) |
₹1.5
L/yr
- ₹3.6
L/yr
|
Login to view exact salary
| |
| 2 years (49 salaries) |
₹1.5
L/yr
- ₹4
L/yr
|
| 3 years (33 salaries) |
₹1.8
L/yr
- ₹3.6
L/yr
|
| 4 years (35 salaries) |
₹1.6
L/yr
- ₹4.5
L/yr
|
From
To
Sales Manager
Lakhs/yr
0 - 10 years exp.
BDM
Lakhs/yr
3 - 9 years exp.
Sales Manager
0 - 10 years exp.
Senior Sales Manager
1 - 9 years exp.
4% hike
Executive Sales Manager
3 - 12 years exp.
16% hike
From
View 3 more levels
To
Sales Manager
0 - 10 years exp.
Senior Branch Manager
9 - 18 years exp.
From
View 3 more levels
To
Sales Manager
0 - 10 years exp.
Cluster Head
12 - 19 years exp.
From
View 3 more levels
To
Sales Manager
0 - 10 years exp.
Senior Territory Manager
9 - 22 years exp.
From
View 3 more levels
To
Sales Manager
0 - 10 years exp.
Cluster Manager
7 - 22 years exp.
Similar Designation salaries in Reliance Nippon Life Insurance
Top skills at Reliance Nippon Life Insurance for Sales Manager
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Reliance Nippon Life Insurance Sales Manager Salary FAQs
The top 10% of Sales Manager at Reliance Nippon Life Insurance earn more than ₹3.8 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Sales Manager 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 200+ Reliance Nippon Life Insurance employees in India.
- - Finance
- - Loans
- - B2B Sales
- - Credit Cards
- - Bancassurance
These skills are highly valued at Reliance Nippon Life Insurance and are crucial for successful performance in a Software Engineering role.
| ICICI Prudential Life Insurance | ₹2.5 Lakhs to ₹10.6 Lakhs per year |
| ICICI Lombard General Insurance Company | ₹2.0 Lakhs to ₹11.4 Lakhs per year |
| Aditya Birla Sun Life Insurance | ₹2.2 Lakhs to ₹10.5 Lakhs per year |
| AIG | ₹5.6 Lakhs to ₹6.3 Lakhs per year |
| Tata AIA Life Insurance | ₹2.4 Lakhs to ₹8.9 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.
| HDFC Life | ₹1.1 Lakhs to ₹7.5 Lakhs per year |
| Bajaj Allianz General Insurance | ₹1.8 Lakhs to ₹7.0 Lakhs per year |
| Axis Max Life Insurance | ₹2.7 Lakhs to ₹6.2 Lakhs per year |
| Kotak Mahindara Life Insurance | ₹2.0 Lakhs to ₹6.2 Lakhs per year |
| Life Insurance Corporation of India | ₹3.6 Lakhs to ₹6.5 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.
| Experience | Average Salary Range |
|---|---|
| Fresher | ₹1.8 Lakhs to ₹3.7 Lakhs per year |
| 1 year | ₹1.5 Lakhs to ₹3.6 Lakhs per year |
| 2 years | ₹1.5 Lakhs to ₹4.0 Lakhs per year |
| 3 years | ₹1.8 Lakhs to ₹3.6 Lakhs per year |
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Reliance Nippon Life Insurance Sales Manager Salaries by Location
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Reliance Nippon Life Insurance Sales Manager salary
in
India
ranges between ₹1.5
Lakh to ₹5
Lakhs with an average annual salary of
₹. Salary estimates are based on
243
Reliance Nippon Life Insurance latest salaries received from various employees of
Reliance Nippon Life Insurance.