Reliance Nippon Life Insurance Senior Business Manager Salaries by 3 Employees (Updated 2025)

3 - 10 years exp.

₹3.5 Lakhs - ₹3.8 Lakhs

Low Confidence

Salary of majority employees

75% less than the average Senior Business Manager Salary in Insurance Companies for 3 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Business Manager Salary 3 years exp. (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.8 L/yr
Customer Success, Service & Operations Senior Business Manager Salary 10 years exp. (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.2 L/yr
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Healthcare & Life Sciences Senior Business Manager Salary 3 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr

Last Updated: 9 Mar 2024

Companies similar to Reliance Nippon Life Insurance for Senior Business Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Senior Business Manager Salary 5 - 8 years exp. (5 salaries)	₹3.5 L/yr - ₹6.5 L/yr 31% more
HDFC Life Senior Business Manager Salary 6 - 14 years exp. (3 salaries)	₹5.5 L/yr - ₹8.4 L/yr 125% more
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SBI Life Insurance Company Senior Business Manager Salary 5 - 10 years exp. (5 salaries)	₹6.8 L/yr - ₹8.1 L/yr 89% more
Max Life Insurance Senior Business Manager Salary 8 - 12 years exp. (3 salaries)	₹5.3 L/yr - ₹11.4 L/yr 102% more
Bajaj Allianz Life Insurance Senior Business Manager Salary 3 - 10 years exp. (42 salaries)	₹3.6 L/yr - ₹5 L/yr 19% more
Kotak Mahindara Life Insurance Senior Business Manager Salary 4 - 11 years exp. (4 salaries)	₹4.8 L/yr - ₹6.2 L/yr 45% more
Tata AIA Life Insurance Senior Business Manager Salary 11 - 20 years exp. (5 salaries)	₹9.5 L/yr - ₹11.8 L/yr 205% more
PNB MetLife Senior Business Manager Salary 2 - 15 years exp. (91 salaries)	₹3.6 L/yr - ₹6.2 L/yr 26% more
SBI General Insurance Senior Business Manager Salary 5 - 8 years exp. (5 salaries)	₹4.9 L/yr - ₹6 L/yr 49% more
ICICI Lombard General Insurance Company Senior Business Manager Salary 1 - 6 years exp. (3 salaries)	₹3.4 L/yr - ₹4.6 L/yr 21% more

Senior Business Manager salary at Reliance Nippon Life Insurance ranges between ₹3.5 Lakhs to ₹3.8 Lakhs per year for employees with experience between 3 years to 10 years. Salary estimates are based on 3 latest salaries received from various employees of Reliance Nippon Life Insurance.

Experience wise Reliance Nippon Life Insurance Senior Business Manager salaries

Last Updated: 9 Mar 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
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10 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr

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Salary related reviews for Reliance Nippon Life Insurance

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.

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

Branch Manager in Varanasi

BFSI, Investments & Trading Department

5.0

• posted on 27 May 2022

5.0

for Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive and the management is transport

Salary - Excellent

+6 more

Dislikes

There is a lot of policies and the management doesn't adress our issue. Salary is decent but career growth is slow.

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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 Senior Business Manager Salary FAQs

What is the notice period for Senior Business Manager at Reliance Nippon Life Insurance?

According to AmbitionBox, 100% of the Reliance Nippon Life Insurance Senior Business Managers reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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Reliance Nippon Life Insurance Senior Business Manager Salaries

Reliance Nippon Life Insurance Senior Business Manager salary in India ranges between ₹3.5 Lakhs to ₹3.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.