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Reliance Nippon Life Insurance Sales Officer salaries in India

Annual salary range
1 - 5 years exp.
₹1.5 Lakh - ₹4.1 Lakhs
Salary of majority employees
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35% less than the average Sales Officer Salary in Insurance Companies for 1 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Sales Officer Salary
1 - 4 years exp. (6 salaries)
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₹1.8 L/yr - ₹2.4 L/yr

Engineering - Software & QA
Sales Officer Salary
1 - 3 years exp. (3 salaries)
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₹1.4 L/yr - ₹2.4 L/yr

Sales & Business Development
Sales Officer Salary
1 - 3 years exp. (AmbitionBox Estimate)
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₹2.1 L/yr - ₹3 L/yr

Marketing & Communication
Sales Officer Salary
3 years exp. (AmbitionBox Estimate)
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₹1.8 L/yr - ₹1.9 L/yr

Last Updated: 11 Sep 2024

Companies similar to Reliance Nippon Life Insurance for Sales Officer

Company name Avg Annual Salary Open Jobs
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₹0.9 L/yr - ₹4 L/yr

arrow icon 5% less
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₹1.2 L/yr - ₹4.5 L/yr

arrow icon 12% more
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SBI Life Insurance Company Sales Officer Salary

0 - 6 years exp. (100 salaries)

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₹1.8 L/yr - ₹4 L/yr

arrow icon 20% more
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HDFC Life Sales Officer Salary

1 - 6 years exp. (67 salaries)

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₹1.4 L/yr - ₹4.4 L/yr

arrow icon 27% more
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Axis Max Life Insurance Sales Officer Salary

0 - 5 years exp. (54 salaries)

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₹1.8 L/yr - ₹4 L/yr

arrow icon 20% more
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₹1.7 L/yr - ₹3.9 L/yr

arrow icon 10% more
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₹1.6 L/yr - ₹4.5 L/yr

arrow icon 28% more
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₹1.8 L/yr - ₹4.3 L/yr

arrow icon 42% more
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Shriram Life Insurance Sales Officer Salary

0 - 6 years exp. (32 salaries)

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₹1.3 L/yr - ₹3.4 L/yr

arrow icon 10% more
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₹2 L/yr - ₹5.5 L/yr

arrow icon 36% more
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Tata AIA Life Insurance Sales Officer Salary

1 - 8 years exp. (19 salaries)

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₹2.3 L/yr - ₹4.7 L/yr

arrow icon 43% more
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₹2 L/yr - ₹4 L/yr

arrow icon 22% more
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₹1 L/yr - ₹5 L/yr

arrow icon 5% more
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₹3 L/yr - ₹4 L/yr

arrow icon 54% more
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PNB MetLife Sales Officer Salary

0 - 9 years exp. (10 salaries)

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₹1.5 L/yr - ₹4.1 L/yr

arrow icon 21% more
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₹1.5 L/yr - ₹4 L/yr

arrow icon 21% more
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SBI General Insurance Sales Officer Salary

2 - 6 years exp. (5 salaries)

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₹2 L/yr - ₹5 L/yr

arrow icon 39% more
Sales Officer salary at Reliance Nippon Life Insurance ranges between ₹1.5 Lakh to ₹4.1 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 15 latest salaries received from various employees of Reliance Nippon Life Insurance.

Latest annual salaries shared by Reliance Nippon Life Insurance Sales Officer

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Experience wise Reliance Nippon Life Insurance Sales Officer salaries

Last Updated: 11 Sep 2024

Experience Avg Annual Salary
1 year  (4 salaries)

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₹1.8 L/yr - ₹2.5 L/yr
2 years  (3 salaries)

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₹1.5 L/yr - ₹2.4 L/yr
3 years  (5 salaries)

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₹1.5 L/yr - ₹4.1 L/yr
4 years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹4.1 L/yr
5 years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹4.1 L/yr

Similar Designation salaries in Reliance Nippon Life Insurance

Area Sales Officer Salary
(AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.8 L/yr
Sales Manager Salary
(243 salaries)
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₹1.5 L/yr - ₹5 L/yr
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₹1.8 L/yr - ₹3 L/yr
Sales Executive Salary
(142 salaries)
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₹0.95 L/yr - ₹4 L/yr
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₹2.4 L/yr - ₹3.5 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.8 L/yr
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₹1.8 L/yr - ₹2.89 L/yr
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₹1.8 L/yr - ₹5 L/yr
Deputy Manager Salary
(64 salaries)
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₹3.7 L/yr - ₹12.42 L/yr
Team Lead Salary
(43 salaries)
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₹2.4 L/yr - ₹4.6 L/yr

Salary related reviews for Reliance Nippon Life Insurance

3.1

Rated by 3 employees for salary & benefits

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

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  • Job security - Poor
  • +4 more

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
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Reliance Nippon Life Insurance Sales Officer Salary FAQs

What is the salary of Sales Officer at Reliance Nippon Life Insurance ?
The average salary of a Sales Officer at Reliance Nippon Life Insurance in India typically ranges from ₹1.5 Lakhs to ₹4.1 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Sales Officer at Reliance Nippon Life Insurance earn more than ₹2.5 Lakhs per year, and the top 1% earn over ₹4.1 Lakhs per year. Sales Officer 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 10+ Reliance Nippon Life Insurance employees in India.
What is the estimated take home salary of a Sales Officer at Reliance Nippon Life Insurance in India?
The estimated take-home salary of a Sales Officer at Reliance Nippon Life Insurance in India typically ranges from ₹15,858 to ₹17,500 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹4.1 Lakhs per year for employees with experience ranging from 1 year to 5 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 10+ 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 Officer in India?
Aditya Birla Health Insurance Co ₹3.0 Lakhs to ₹4.0 Lakhs per year
Tata AIA Life Insurance ₹2.3 Lakhs to ₹4.7 Lakhs per year
ICICI Prudential Life Insurance ₹1.8 Lakhs to ₹4.3 Lakhs per year
SBI General Insurance ₹2.0 Lakhs to ₹5.0 Lakhs per year
Bajaj Allianz Life Insurance ₹2.0 Lakhs to ₹5.5 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 Officer in companies similar to Reliance Nippon Life Insurance in India?
The salary of a Sales Officer at companies similar to Reliance Nippon Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Ergo General Insurance ₹1.6 Lakhs to ₹4.5 Lakhs per year
HDFC Life ₹1.4 Lakhs to ₹4.4 Lakhs per year
Aditya Birla Sun Life Insurance ₹2.0 Lakhs to ₹4.0 Lakhs per year
PNB MetLife ₹1.5 Lakhs to ₹4.1 Lakhs per year
Kotak Mahindara Life Insurance ₹1.5 Lakhs to ₹4.0 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 Officer at Reliance Nippon Life Insurance in India?
The salary growth for a Sales Officer at Reliance Nippon Life Insurance depends on factors such as experience, performance, and promotions. On average, a Sales Officer can expect the following growth trajectory at Reliance Nippon Life Insurance:

Experience Average Salary Range
1 year ₹1.8 Lakhs to ₹2.5 Lakhs per year
2 years ₹1.5 Lakhs to ₹2.4 Lakhs per year
3 years ₹1.5 Lakhs to ₹4.1 Lakhs per year
4 years ₹1.8 Lakhs to ₹4.1 Lakhs per year
and so on.

Tell us how to improve this page.

Reliance Nippon Life Insurance Sales Officer salary in India ranges between ₹1.5 Lakh to ₹4.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 15 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.