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Reliance Nippon Life Insurance Senior Cluster Manager salaries in India

Annual salary range
8 - 21 years exp.
₹4.8 Lakhs - ₹18 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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40% less than the average Senior Cluster Manager Salary in Insurance Companies for 8 - 21 years of experience

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Last Updated: 15 Mar 2023

Companies similar to Reliance Nippon Life Insurance for Senior Cluster Manager

Company name Avg Annual Salary Open Jobs
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₹7 L/yr - ₹15 L/yr

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₹9.1 L/yr - ₹16.8 L/yr

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HDFC Life Senior Cluster Manager Salary

6 - 20 years exp. (75 salaries)

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₹7.3 L/yr - ₹14 L/yr

arrow icon 18% more
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₹12.5 L/yr - ₹14.3 L/yr

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PNB MetLife Senior Cluster Manager Salary

11 - 16 years exp. (5 salaries)

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₹10.9 L/yr - ₹13.5 L/yr

arrow icon 37% more
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₹7 L/yr - ₹8.5 L/yr

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₹12.9 L/yr - ₹14.4 L/yr

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₹10 L/yr - ₹14 L/yr

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₹11.9 L/yr - ₹12 L/yr

arrow icon 38% more
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₹9.3 L/yr - ₹14.1 L/yr

arrow icon 41% more
Senior Cluster Manager salary at Reliance Nippon Life Insurance ranges between ₹4.8 Lakhs to ₹18 Lakhs per year for employees with experience between 8 years to 21 years. Salary estimates are based on 4 latest salaries received from various employees of Reliance Nippon Life Insurance.

Latest annual salaries shared by Reliance Nippon Life Insurance Senior Cluster Manager

1y ago
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16 years exp.
1y ago
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8 years exp.

Experience wise Reliance Nippon Life Insurance Senior Cluster Manager salaries

Last Updated: 15 Mar 2023

Experience Avg Annual Salary
8 years (AmbitionBox Estimate)

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₹5.2 L/yr - ₹6.6 L/yr
10 years (AmbitionBox Estimate)

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₹5.4 L/yr - ₹7 L/yr
15+ years (AmbitionBox Estimate)

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₹10.3 L/yr - ₹13.1 L/yr

Similar Designation salaries in Reliance Nippon Life Insurance

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₹2.25 L/yr - ₹5 L/yr
Cluster Manager Salary
(40 salaries)
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₹5 L/yr - ₹16.03 L/yr
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₹2.4 L/yr - ₹5.5 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.8 L/yr
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₹6.5 L/yr - ₹7.27 L/yr
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₹1.8 L/yr - ₹3 L/yr
Deputy Manager Salary
(64 salaries)
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₹3.7 L/yr - ₹12.42 L/yr
Territory Manager Salary
(100 salaries)
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₹4 L/yr - ₹12 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 - ₹5 L/yr

Salary related reviews for Reliance Nippon Life Insurance

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

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.

read more
  • Salary - Excellent
  • +5 more

Dislikes

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

read 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

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.

read more
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Reliance Nippon Life Insurance Senior Cluster Manager Salary FAQs

What is the salary of Senior Cluster Manager at Reliance Nippon Life Insurance ?
The average salary of a Senior Cluster Manager at Reliance Nippon Life Insurance in India typically ranges from ₹4.8 Lakhs to ₹18.0 Lakhs per year, depending on experience (from 8 years to 21 years).

The top 10% of Senior Cluster Manager at Reliance Nippon Life Insurance earn more than ₹18.0 Lakhs per year, and the top 1% earn over ₹18.0 Lakhs per year. Senior Cluster 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 Cluster Manager at Reliance Nippon Life Insurance in India?
The estimated take-home salary of a Senior Cluster Manager at Reliance Nippon Life Insurance in India typically ranges from ₹63,296 to ₹64,906 per month. This is based on the average salary range of ₹4.8 Lakhs to ₹18.0 Lakhs per year for employees with experience ranging from 8 years to 21 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 Cluster Manager in India?
Axis Max Life Insurance ₹12.5 Lakhs to ₹14.3 Lakhs per year
SBI General Insurance ₹12.9 Lakhs to ₹14.4 Lakhs per year
Aditya Birla Sun Life Insurance ₹9.1 Lakhs to ₹16.8 Lakhs per year
Kotak Mahindara Life Insurance ₹9.3 Lakhs to ₹14.1 Lakhs per year
ICICI Prudential Life Insurance ₹10.0 Lakhs to ₹14.0 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 Senior Cluster Manager in companies similar to Reliance Nippon Life Insurance in India?
The salary of a Senior Cluster Manager 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:

Aditya Birla Health Insurance Co ₹11.9 Lakhs to ₹12.0 Lakhs per year
PNB MetLife ₹10.9 Lakhs to ₹13.5 Lakhs per year
Bajaj Allianz Life Insurance ₹7.0 Lakhs to ₹15.0 Lakhs per year
HDFC Life ₹7.3 Lakhs to ₹14.0 Lakhs per year
Star Health & Allied Insurance ₹7.0 Lakhs to ₹8.5 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.
How the salary growth look like for a Senior Cluster Manager at Reliance Nippon Life Insurance in India?
The salary growth for a Senior Cluster Manager at Reliance Nippon Life Insurance depends on factors such as experience, performance, and promotions. On average, a Senior Cluster Manager can expect the following growth trajectory at Reliance Nippon Life Insurance:

Experience Average Salary Range
8 years ₹5.2 Lakhs to ₹6.6 Lakhs per year
10 years ₹5.4 Lakhs to ₹7.0 Lakhs per year
15 years ₹10.3 Lakhs to ₹13.1 Lakhs per year
and so on.

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Reliance Nippon Life Insurance Senior Cluster Manager salary in India ranges between ₹4.8 Lakhs to ₹18 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.