Reliance Nippon Life Insurance Hyderabad / Secunderabad Senior Branch Manager Salaries by 4 Employees

11 - 18 years exp.

₹6.5 Lakhs - ₹11.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

13% less than the average Senior Branch Manager Salary in Insurance Companies for 11 - 18 years of experience

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Last Updated: 29 Dec 2023

Companies similar to Reliance Nippon Life Insurance for Senior Branch Manager in Hyderabad / Secunderabad

Reliance Nippon Life Insurance Senior Branch Manager Salary

11 - 18 years exp. (4 salaries)

₹6.5 L/yr - ₹11.5 L/yr

Company name	Avg Annual Salary	Open Jobs
PNB MetLife Senior Branch Manager Salary 14 - 20 years exp. (8 salaries)	₹12.5 L/yr - ₹16.5 L/yr 37% more
SBI Life Insurance Company Senior Branch Manager Salary 10 - 20 years exp. (7 salaries)	₹10 L/yr - ₹14.5 L/yr 34% more
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HDFC Life Senior Branch Manager Salary 12 - 14 years exp. (6 salaries)	₹8 L/yr - ₹11.6 L/yr 4% more
Tata AIA Life Insurance Senior Branch Manager Salary 13 - 18 years exp. (4 salaries)	₹13 L/yr - ₹16.3 L/yr 36% more
Bajaj Allianz Life Insurance Senior Branch Manager Salary 12 - 21 years exp. (4 salaries)	₹7 L/yr - ₹13 L/yr 16% more

Senior Branch Manager salary at Reliance Nippon Life Insurance ranges between ₹6.5 Lakhs to ₹11.5 Lakhs per year for employees with experience between 11 years to 18 years. Salary estimates are based on 4 latest salaries received from various employees of Reliance Nippon Life Insurance.

Experience wise Reliance Nippon Life Insurance Senior Branch Manager salaries in Hyderabad / Secunderabad

Last Updated: 29 Dec 2023

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹9.1 L/yr - ₹11.7 L/yr
12 years (AmbitionBox Estimate)	₹9.4 L/yr - ₹12 L/yr
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13 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.2 L/yr
14 years (AmbitionBox Estimate)	₹9.7 L/yr - ₹12.3 L/yr
15+ years (AmbitionBox Estimate)	₹10.1 L/yr - ₹12.8 L/yr

Similar Designation salaries in Reliance Nippon Life Insurance

Branch Manager Salary

(22 salaries)

₹4.5 L/yr - ₹9.95 L/yr

Sales Manager Salary

(18 salaries)

₹1.8 L/yr - ₹4.5 L/yr

Senior Relationship Manager Salary

(12 salaries)

₹2.05 L/yr - ₹3.4 L/yr

Assistant Branch Manager Salary

(8 salaries)

₹4.5 L/yr - ₹6.6 L/yr

Territory Manager Salary

(7 salaries)

₹4.9 L/yr - ₹12 L/yr

Salary related reviews for Reliance Nippon Life Insurance

Assistant Branch Manager in Kolkata

Full Time

Sales & Business Development Department

1.0

• posted on 23 Dec 2024

1.0

for Salary and Benefits

Dislikes

No specifications and job clarity for the role of ABM and salary deduction as per company's discrition which do not bring any corporate feelings to employees it seems they are working in a grocery shop not in corporate

Salary - Bad

+5 more

Assistant Branch Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 09 Jun 2023

3.0

for Salary and Benefits

Likes

I am working in Face to Face channel that concept is good & that channel work on women Empowerment when I hired that women & groom also that movement feel good when she earn self respect from society. Salary always give on time.

Dislikes

Salary package less Promotion option Nil On Festival like Diwali even not give single rupee gift even . PLI stop from last year No support on Stationery & Housekeeping materials.

Promotions - Poor

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

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.

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1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Reliance Nippon Life Insurance Senior Branch Manager Salary FAQs

What is the salary of Senior Branch Manager at Reliance Nippon Life Insurance in Hyderabad / Secunderabad?

The average salary of a Senior Branch Manager at Reliance Nippon Life Insurance in Hyderabad / Secunderabad typically ranges from ₹6.5 Lakhs to ₹11.5 Lakhs per year, depending on experience (from 11 years to 18 years).

The top 10% of Senior Branch Manager in Hyderabad / Secunderabad at Reliance Nippon Life Insurance earn more than ₹11.5 Lakhs per year, and the top 1% earn over ₹11.5 Lakhs per year. Senior Branch 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 4 Reliance Nippon Life Insurance employees in India.

What is the estimated take home salary of a Senior Branch Manager at Reliance Nippon Life Insurance in Hyderabad / Secunderabad?

The estimated take-home salary of a Senior Branch Manager at Reliance Nippon Life Insurance in Hyderabad / Secunderabad typically ranges from ₹75,966 to ₹77,934 per month. This is based on the average salary range of ₹6.5 Lakhs to ₹11.5 Lakhs per year for employees with experience ranging from 11 years to 18 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 Senior Branch Manager in India?

PNB MetLife	₹12.5 Lakhs to ₹16.5 Lakhs per year
Tata AIA Life Insurance	₹13.0 Lakhs to ₹16.3 Lakhs per year
SBI Life Insurance Company	₹10.0 Lakhs to ₹14.5 Lakhs per year
Bajaj Allianz Life Insurance	₹7.0 Lakhs to ₹13.0 Lakhs per year
HDFC Life	₹8.0 Lakhs to ₹11.6 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.

How the salary growth look like for a Senior Branch Manager at Reliance Nippon Life Insurance in Hyderabad / Secunderabad?

The salary growth for a Senior Branch Manager at Reliance Nippon Life Insurance in Hyderabad / Secunderabad depends on factors such as experience, performance, and promotions. On average, a Senior Branch Manager in Hyderabad / Secunderabad can expect the following growth trajectory at Reliance Nippon Life Insurance:

Experience	Average Salary Range
11 years	₹9.1 Lakhs to ₹11.7 Lakhs per year
12 years	₹9.4 Lakhs to ₹12.0 Lakhs per year
13 years	₹9.5 Lakhs to ₹12.2 Lakhs per year
14 years	₹9.7 Lakhs to ₹12.3 Lakhs per year

and so on.

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Reliance Nippon Life Insurance Senior Branch Manager Salaries in Hyderabad / Secunderabad

Reliance Nippon Life Insurance Senior Branch Manager salary in Hyderabad / Secunderabad ranges between ₹6.5 Lakhs to ₹11.5 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.

Reliance Nippon Life Insurance Senior Branch Manager salaries in Hyderabad / Secunderabad

Companies similar to Reliance Nippon Life Insurance for Senior Branch Manager in Hyderabad / Secunderabad

Latest annual salaries shared by Reliance Nippon Life Insurance Senior Branch Manager in Hyderabad / Secunderabad

Experience wise Reliance Nippon Life Insurance Senior Branch Manager salaries in Hyderabad / Secunderabad

Similar Designation salaries in Reliance Nippon Life Insurance

Salary related reviews for Reliance Nippon Life Insurance

Assistant Branch Manager in Kolkata

Assistant Branch Manager in New Delhi

Sales Manager in Goalpara

Business Development Manager in Kolkata

Branch Manager in Anantnag

Reliance Nippon Life Insurance Senior Branch Manager Salary FAQs

Tell us how to improve this page.