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Reliance Nippon Life Insurance Senior Executive salaries in India (Updated 2025)

Annual salary range
1 - 6 years exp.
₹2 Lakhs - ₹4.2 Lakhs
Salary of majority employees
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48% less than the average Senior Executive Salary in Insurance Companies for 1 - 6 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Senior Executive Salary
1 - 6 years exp. (10 salaries)
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₹2.2 L/yr - ₹3 L/yr

BFSI, Investments & Trading
Senior Executive Salary
3 - 6 years exp. (7 salaries)
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₹2.5 L/yr - ₹4.2 L/yr

Finance & Accounting
Senior Executive Salary
4 - 6 years exp. (AmbitionBox Estimate)
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₹2.8 L/yr - ₹3.6 L/yr

Production, Manufacturing & Engineering
Senior Executive Salary
2 - 3 years exp. (AmbitionBox Estimate)
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₹2.3 L/yr - ₹3 L/yr

Administration & Facilities
Senior Executive Salary
5 - 6 years exp. (AmbitionBox Estimate)
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₹3 L/yr - ₹4 L/yr

Last Updated: 25 Feb 2025

Companies similar to Reliance Nippon Life Insurance for Senior Executive

Company name Avg Annual Salary Open Jobs
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₹1.7 L/yr - ₹5.8 L/yr

arrow icon 43% more
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₹3.5 L/yr - ₹7.2 L/yr

arrow icon 90% more
6 job openings
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₹1.8 L/yr - ₹6 L/yr

arrow icon 29% more
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₹2.1 L/yr - ₹6.8 L/yr

arrow icon 62% more
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Shriram Life Insurance Senior Executive Salary

2 - 7 years exp. (175 salaries)

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₹2 L/yr - ₹5 L/yr

arrow icon 15% more
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HDFC Life Senior Executive Salary

0 - 9 years exp. (164 salaries)

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₹2.1 L/yr - ₹5 L/yr

arrow icon 30% more
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₹2 L/yr - ₹4.5 L/yr

arrow icon 14% more
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Tata AIA Life Insurance Senior Executive Salary

3 - 11 years exp. (120 salaries)

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₹3.1 L/yr - ₹10.3 L/yr

arrow icon 122% more
2 job openings
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₹2.2 L/yr - ₹6 L/yr

arrow icon 37% more
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SBI General Insurance Senior Executive Salary

4 - 11 years exp. (94 salaries)

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₹3.1 L/yr - ₹6.7 L/yr

arrow icon 76% more
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PNB MetLife Senior Executive Salary

0 - 9 years exp. (91 salaries)

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₹2.4 L/yr - ₹5 L/yr

arrow icon 26% more
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₹2.2 L/yr - ₹7.5 L/yr

arrow icon 52% more
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₹1.9 L/yr - ₹4.7 L/yr

arrow icon 11% more
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₹2.5 L/yr - ₹5 L/yr

arrow icon 18% more
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MetLife Senior Executive Salary

2 - 7 years exp. (46 salaries)

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₹2 L/yr - ₹4.2 L/yr

arrow icon 2% more
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Gallagher Senior Executive Salary

3 - 7 years exp. (46 salaries)

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₹1.8 L/yr - ₹9 L/yr

arrow icon 46% more
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₹2.5 L/yr - ₹5.3 L/yr

arrow icon 26% more
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₹2 L/yr - ₹8 L/yr

arrow icon 32% more
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Allianz Senior Executive Salary

4 - 13 years exp. (9 salaries)

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₹4 L/yr - ₹8.7 L/yr

arrow icon 102% more
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₹4.3 L/yr - ₹5.3 L/yr

arrow icon 62% more
View all
Senior Executive salary at Reliance Nippon Life Insurance ranges between ₹2 Lakhs to ₹4.2 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 35 latest salaries received from various employees of Reliance Nippon Life Insurance.

Latest annual salaries shared by Reliance Nippon Life Insurance Senior Executive

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Experience wise Reliance Nippon Life Insurance Senior Executive salaries

Last Updated: 25 Feb 2025

Experience Avg Annual Salary
1 year  (3 salaries)

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₹2.7 L/yr - ₹4 L/yr
2 years  (6 salaries)

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₹2.2 L/yr - ₹3.6 L/yr
3 years  (7 salaries)

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₹2 L/yr - ₹3.5 L/yr
4 years  (8 salaries)

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₹2.4 L/yr - ₹3.5 L/yr
5 years  (6 salaries)

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₹2.5 L/yr - ₹4.2 L/yr
View all

Similar Designation salaries in Reliance Nippon Life Insurance

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₹2.6 L/yr - ₹4.2 L/yr
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₹1.75 L/yr - ₹2.8 L/yr
Senior Analyst Salary
(AmbitionBox Estimate)
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₹7 L/yr - ₹9 L/yr
Audit Assistant Salary
(AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.8 L/yr
Accountant Salary
(5 salaries)
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₹1.05 L/yr - ₹2 L/yr
Deputy Manager Salary
(64 salaries)
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₹3.7 L/yr - ₹12.42 L/yr
Accounts Officer Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
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₹1.5 L/yr - ₹3 L/yr
Account Assistant Salary
(AmbitionBox Estimate)
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₹1.4 L/yr - ₹1.7 L/yr
Process Associate Salary
(AmbitionBox Estimate)
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₹2 L/yr - ₹2.5 L/yr

Salary related reviews for Reliance Nippon Life Insurance

2.7

Rated by 5 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 08 Jan 2025

2.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

Worst leadership, one can never expect 100℅ in hand salary, they are on a deduction spree upto ARDM & Branch Manager Level. Lowest commission to agents, renewal commission to agents gets a 75℅ deductions. End number of con calls Immature leaders don't have the skills to lead. So many clauses which is directly affecting attrition to the highest level

read more
  • Salary - Poor
  • +6 more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 07 Nov 2024

1.0
 for  Salary and Benefits

Likes

Too much ghatia i mean wrost experience ever..

Dislikes

...e to get policy on my name nd told if i didn't get the policy i cant get my job. Totally fraud company they did gave me any salary i work 2 month straight .

read more
  • Salary - Bad
  • +6 more

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

read more
  • Salary - Bad
  • +5 more

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 29 Jul 2023

3.0
 for  Salary and Benefits

Likes

The work life balance here in reliance is excellent. No unnecessary pressure is put up on you. Proper training and induction is conducted when you join the company. The incentive structure is very nice compared toother organizations.

read more
  • Skill development - Good
  • +3 more

Dislikes

There is no appraisal criteria here. Only way to increase your salary is tthrough promotions and which sometime is difficult to achieve .

read more
  • Promotions - Poor

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 02 Mar 2024

2.0
 for  Salary and Benefits

Likes

...s that he will not get 100% contest. 3-4 will be missed because of ifs and buts. Salary deduction and demotions for sales force. It demotivating for many managers as well as branch head. HR support is very very pathatic, high deduction in f&f if you serve less notice period. Company always wants that vintage employee should left the company because they are highly paid

read more

Dislikes

Many dislikes which I mention in like section

  • Salary - Poor
  • +5 more
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Reliance Nippon Life Insurance Senior Executive Salary FAQs

What is the salary of Senior Executive at Reliance Nippon Life Insurance ?
The average salary of a Senior Executive at Reliance Nippon Life Insurance in India typically ranges from ₹2.0 Lakhs to ₹4.2 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Senior Executive at Reliance Nippon Life Insurance earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.2 Lakhs per year. Senior Executive 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 30+ Reliance Nippon Life Insurance employees in India.
What is the estimated take home salary of a Senior Executive at Reliance Nippon Life Insurance in India?
The estimated take-home salary of a Senior Executive at Reliance Nippon Life Insurance in India typically ranges from ₹20,875 to ₹22,525 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹4.2 Lakhs per year for employees with experience ranging from 1 year to 6 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 30+ 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 Executive in India?
Tata AIA Life Insurance ₹3.1 Lakhs to ₹10.3 Lakhs per year
AXA ₹3.9 Lakhs to ₹8.5 Lakhs per year
Allianz ₹4.0 Lakhs to ₹8.7 Lakhs per year
Bajaj Allianz General Insurance ₹3.5 Lakhs to ₹7.2 Lakhs per year
SBI General Insurance ₹3.1 Lakhs to ₹6.7 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 Executive in companies similar to Reliance Nippon Life Insurance in India?
The salary of a Senior Executive 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:

Life Insurance Corporation of India ₹3.5 Lakhs to ₹5.6 Lakhs per year
AON Global Insurance Brokers ₹4.3 Lakhs to ₹5.3 Lakhs per year
Bajaj Allianz Life Insurance ₹2.1 Lakhs to ₹6.8 Lakhs per year
ICICI Lombard General Insurance Company ₹2.2 Lakhs to ₹7.5 Lakhs per year
Gallagher ₹1.8 Lakhs to ₹9.0 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 Senior Executive at Reliance Nippon Life Insurance in India?
The salary growth for a Senior Executive at Reliance Nippon Life Insurance depends on factors such as experience, performance, and promotions. On average, a Senior Executive can expect the following growth trajectory at Reliance Nippon Life Insurance:

Experience Average Salary Range
1 year ₹2.7 Lakhs to ₹4.0 Lakhs per year
2 years ₹2.2 Lakhs to ₹3.6 Lakhs per year
3 years ₹2.0 Lakhs to ₹3.5 Lakhs per year
4 years ₹2.4 Lakhs to ₹3.5 Lakhs per year
and so on.

Tell us how to improve this page.

Reliance Nippon Life Insurance Senior Executive salary in India ranges between ₹2 Lakhs to ₹4.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 35 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.