Reliance Nippon Life Insurance Mumbai Sales Manager Salaries by 20+ Employees (Updated 2025)

0 - 10 years exp.

₹1.5 Lakh - ₹6 Lakhs

Salary of majority employees

47% 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 2 - 9 years exp. (12 salaries)	₹2.2 L/yr - ₹6 L/yr
Finance & Accounting Sales Manager Salary Fresher (AmbitionBox Estimate)	₹2 L/yr - ₹4.2 L/yr
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Marketing & Communication Sales Manager Salary 2 - 5 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹4.1 L/yr
Sales & Business Development Sales Manager Salary 0 - 2 years exp. (AmbitionBox Estimate)	₹2.8 L/yr - ₹4.1 L/yr

Last Updated: 28 Nov 2024

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

Reliance Nippon Life Insurance Sales Manager Salary

0 - 10 years exp. (24 salaries)

₹1.5 L/yr - ₹6 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Sales Manager Salary 0 - 10 years exp. (90 salaries)	₹2.2 L/yr - ₹7.2 L/yr 30% more
ICICI Prudential Life Insurance Sales Manager Salary 0 - 9 years exp. (118 salaries)	₹3 L/yr - ₹10 L/yr 87% more	2 job openings
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SBI Life Insurance Company Sales Manager Salary 2 - 10 years exp. (3 salaries)	₹3.2 L/yr - ₹5.6 L/yr 3% more
Max Life Insurance Sales Manager Salary 0 - 11 years exp. (69 salaries)	₹2.3 L/yr - ₹6 L/yr 25% more	3 job openings
Bajaj Allianz Life Insurance Sales Manager Salary 0 - 8 years exp. (19 salaries)	₹2.4 L/yr - ₹5 L/yr 6% less	5 job openings
ICICI Lombard General Insurance Company Sales Manager Salary 1 - 15 years exp. (98 salaries)	₹3.5 L/yr - ₹12.5 L/yr 92% more
Kotak Mahindara Life Insurance Sales Manager Salary 0 - 10 years exp. (70 salaries)	₹2.6 L/yr - ₹5.5 L/yr 22% more	9 job openings
Aditya Birla Health Insurance Co Sales Manager Salary 0 - 7 years exp. (63 salaries)	₹2.7 L/yr - ₹5.1 L/yr 15% more
Aditya Birla Sun Life Insurance Sales Manager Salary 1 - 10 years exp. (42 salaries)	₹2.5 L/yr - ₹9.5 L/yr 72% more
HDFC Ergo General Insurance Sales Manager Salary 1 - 10 years exp. (29 salaries)	₹3 L/yr - ₹6.5 L/yr 20% more
Tata AIA Life Insurance Sales Manager Salary 3 - 10 years exp. (22 salaries)	₹3.5 L/yr - ₹7.9 L/yr 58% more	19 job openings
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PNB MetLife Sales Manager Salary 1 - 9 years exp. (6 salaries)	₹3 L/yr - ₹6 L/yr 4% more	104 job openings
Care Health Insurance Sales Manager Salary 4 - 12 years exp. (5 salaries)	₹3.3 L/yr - ₹5 L/yr 2% more	1 job opening

Sales Manager salary at Reliance Nippon Life Insurance ranges between ₹1.5 Lakh to ₹6 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 24 latest salaries received from various employees of Reliance Nippon Life Insurance.

Experience wise Reliance Nippon Life Insurance Sales Manager salaries in Mumbai

Last Updated: 28 Nov 2024

Experience	Avg Annual Salary
Fresher (4 salaries)	₹2 L/yr - ₹4 L/yr
1 year (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
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2 years (6 salaries)	₹1.5 L/yr - ₹3.5 L/yr
3 years (3 salaries)	₹2.2 L/yr - ₹4.5 L/yr
4 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
5 years (AmbitionBox Estimate)	₹3 L/yr - ₹4 L/yr
6 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.8 L/yr
7 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹6.9 L/yr
8 years (3 salaries)	₹3.3 L/yr - ₹5 L/yr
9 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹6 L/yr
10 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹7.5 L/yr

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Similar Designation salaries in Reliance Nippon Life Insurance

Deputy Manager Salary

(50 salaries)

₹3.7 L/yr - ₹12 L/yr

Area Manager Salary

(5 salaries)

₹13 L/yr - ₹18.09 L/yr

Sales Officer Salary

(3 salaries)

₹1.8 L/yr - ₹2.5 L/yr

Top skills at Reliance Nippon Life Insurance for Sales Manager

Finance Loans B2B Sales Credit Cards Bancassurance Personal Loans Insurance Sales Corporate Sales Business Development Health Insurance Direct Sales Sales Management Sales Agency Sales Banking

Salary related reviews for Reliance Nippon Life Insurance

3.0

Rated by 1 employees for salary & benefits

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

Sales Manager in Kolkata

Sales & Business Development Department

4.0

• posted on 18 Oct 2018

4.0

for Salary and Benefits

Likes

Reliance Nippon life insurance is one of the Prestigious Company In India with huge employees & advisor network, thousands of Branches all over the Nation. Well, one of I like about this company is their learning & skill development tools/aaps.

Salary - Good

+6 more

Dislikes

...tion level, HR level also not active so its create strong connectivity problem . Salary structure is very poor, payslip & offerletter's CTC are different. Branch Manager's expectations some times very challenging & hard for Sales team. Company's android Applications (apps) many of times not working properly, so it's hard to make productive. Depends on aforesaid circumstances these are my own & personal opinion/ believe.

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

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.

Salary - Excellent

+5 more

Dislikes

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

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

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Reliance Nippon Life Insurance Sales Manager Salary FAQs

What is the salary of Sales Manager at Reliance Nippon Life Insurance Mumbai?

Sales Manager salary at Reliance Nippon Life Insurance in Mumbai ranges between ₹1.5 Lakhs to ₹6.0 Lakhs for less than 1 year of experience to 10 years. According to our estimates it is 47% less than the average Sales Manager Salary in India. Salary estimates are based on 24 latest salaries received from various employees of Reliance Nippon Life Insurance Mumbai.

How does the salary of a Sales Manager at Reliance Nippon Life Insurance Mumbai compare with the average salary range for this job?

The average salary of a Sales Manager at Reliance Nippon Life Insurance is 47% less than the average salary of a Sales Manager in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Sales Manager at Reliance Nippon Life Insurance?

Finance, Loans, B2B Sales, Credit Cards and Bancassurance are some of the popular skills required to work as a Sales Manager at Reliance Nippon Life Insurance Mumbai.

Which similar companies are paying more than Reliance Nippon Life Insurance to a Sales Manager in Mumbai?

ICICI Lombard General Insurance Company Sales Manager Salary - ₹3.5 Lakhs to ₹12.5 Lakhs per year
ICICI Prudential Life Insurance Sales Manager Salary - ₹3.0 Lakhs to ₹10.0 Lakhs per year
Aditya Birla Sun Life Insurance Sales Manager Salary - ₹2.5 Lakhs to ₹9.5 Lakhs per year
Tata AIA Life Insurance Sales Manager Salary - ₹3.5 Lakhs to ₹7.9 Lakhs per year
HDFC Life Sales Manager Salary - ₹2.2 Lakhs to ₹7.2 Lakhs per year

What is the salary of a Sales Manager in companies similar to Reliance Nippon Life Insurance in Mumbai?

Max Life Insurance Sales Manager Salary - ₹2.3 Lakhs to ₹6.0 Lakhs per year
Kotak Mahindara Life Insurance Sales Manager Salary - ₹2.6 Lakhs to ₹5.5 Lakhs per year
HDFC Ergo General Insurance Sales Manager Salary - ₹3.0 Lakhs to ₹6.5 Lakhs per year
Aditya Birla Health Insurance Co Sales Manager Salary - ₹2.7 Lakhs to ₹5.1 Lakhs per year
PNB MetLife Sales Manager Salary - ₹3.0 Lakhs to ₹6.0 Lakhs per year

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

The estimated take-home salary of a Sales Manager at Reliance Nippon Life Insurance ranges between ₹26,600 per month to ₹28,015 per month in Mumbai. The take-home salary calculation is based on the average Reliance Nippon Life Insurance Sales Manager salary in India which ranges between ₹1.5 Lakhs to ₹6.0 Lakhs per year for employees with less than 1 year of experience to 10 years. Check how did we calculate take home salary?

What is the notice period for Sales Manager at Reliance Nippon Life Insurance in Mumbai?

According to AmbitionBox, 100% of the Reliance Nippon Life Insurance Sales Managers in Mumbai reported a notice period of 15 days or less.This is based on 6 responses on AmbitionBox in last 2 years.

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Reliance Nippon Life Insurance Sales Manager Salaries in Mumbai

Reliance Nippon Life Insurance Sales Manager salary in Mumbai ranges between ₹1.5 Lakh to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 24 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.