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Reliance Nippon Life Insurance Senior Manager salaries in Chennai

Annual salary range
7 - 16 years exp.
₹6.1 Lakhs - ₹11 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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60% less than the average Senior Manager Salary in Insurance Companies for 7 - 16 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Senior Manager Salary
15 - 16 years exp. (AmbitionBox Estimate)
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₹6.7 L/yr - ₹9.9 L/yr

Data Science & Analytics
Senior Manager Salary
7 years exp. (AmbitionBox Estimate)
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₹6.1 L/yr - ₹12.1 L/yr

Project & Program Management
Senior Manager Salary
9 years exp. (AmbitionBox Estimate)
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₹7.8 L/yr - ₹11 L/yr

Last Updated: 23 May 2024

Companies similar to Reliance Nippon Life Insurance for Senior Manager in Chennai

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Reliance Nippon Life Insurance Senior Manager Salary

7 - 16 years exp. (4 salaries)

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₹6.1 L/yr - ₹11 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹4.9 L/yr - ₹13.3 L/yr

arrow icon 10% more
4 job openings
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₹4 L/yr - ₹12.1 L/yr

arrow icon 6% less
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₹3.5 L/yr - ₹9.7 L/yr

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1 job opening
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HDFC Life Senior Manager Salary

3 - 18 years exp. (20 salaries)

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₹5 L/yr - ₹19.8 L/yr

arrow icon 40% more
5 job openings
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₹5.6 L/yr - ₹15 L/yr

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Axis Max Life Insurance Senior Manager Salary

5 - 16 years exp. (9 salaries)

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₹16.6 L/yr - ₹22 L/yr

arrow icon 94% more
2 job openings
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₹7.2 L/yr - ₹16.5 L/yr

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₹4 L/yr - ₹15 L/yr

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SBI General Insurance Senior Manager Salary

12 - 14 years exp. (3 salaries)

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₹10.5 L/yr - ₹12.3 L/yr

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Senior Manager salary at Reliance Nippon Life Insurance ranges between ₹6.1 Lakhs to ₹11 Lakhs per year for employees with experience between 7 years to 16 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 Manager in Chennai

10mo ago
₹7 Lakhs
16 years exp.
1y ago
₹6.7 Lakhs
15 years exp.
1y ago
₹6.1 Lakhs
7 years exp.
1y ago
₹11 Lakhs
9 years exp.

Experience wise Reliance Nippon Life Insurance Senior Manager salaries in Chennai

Last Updated: 23 May 2024

Experience Avg Annual Salary
7 years (AmbitionBox Estimate)

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₹7.6 L/yr - ₹9.7 L/yr
8 years (AmbitionBox Estimate)

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₹7.8 L/yr - ₹10 L/yr
9 years (AmbitionBox Estimate)

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₹8 L/yr - ₹10.2 L/yr
10 years (AmbitionBox Estimate)

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₹8.2 L/yr - ₹10.5 L/yr
11 years (AmbitionBox Estimate)

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₹8.4 L/yr - ₹10.7 L/yr
View all

Similar Designation salaries in Reliance Nippon Life Insurance

Branch Manager Salary
(16 salaries)
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₹4.5 L/yr - ₹10 L/yr
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₹4.5 L/yr - ₹7.59 L/yr

Salary related reviews for Reliance Nippon Life Insurance

Human Resources Department

1.0
  •  posted on 01 Sep 2022

2.0
 for  Salary and Benefits

Likes

Worst company to join for any role. The company has a tyrannical culture which works on whims and fancies. Employees are treated ruthlessly.

read more

Dislikes

...re is no learning and growth opportunities as people only work in survival mode. People are only working here since they have bills to pay else everyone is dreaming to the great escape from this company.

read more
  • Salary - Poor
  • +6 more

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
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Reliance Nippon Life Insurance Senior Manager Salary FAQs

What is the salary of Senior Manager at Reliance Nippon Life Insurance in Chennai?
The average salary of a Senior Manager at Reliance Nippon Life Insurance in Chennai typically ranges from ₹6.1 Lakhs to ₹11.0 Lakhs per year, depending on experience (from 7 years to 16 years).

The top 10% of Senior Manager in Chennai at Reliance Nippon Life Insurance earn more than ₹11.0 Lakhs per year, and the top 1% earn over ₹11.0 Lakhs per year. Senior 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 Manager at Reliance Nippon Life Insurance in Chennai?
The estimated take-home salary of a Senior Manager at Reliance Nippon Life Insurance in Chennai typically ranges from ₹64,135 to ₹65,768 per month. This is based on the average salary range of ₹6.1 Lakhs to ₹11.0 Lakhs per year for employees with experience ranging from 7 years to 16 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 Manager in India?
Axis Max Life Insurance ₹16.6 Lakhs to ₹22.0 Lakhs per year
HDFC Ergo General Insurance ₹5.6 Lakhs to ₹15.0 Lakhs per year
Bajaj Allianz Life Insurance ₹7.2 Lakhs to ₹16.5 Lakhs per year
HDFC Life ₹5.0 Lakhs to ₹19.8 Lakhs per year
SBI General Insurance ₹10.5 Lakhs to ₹12.3 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 Manager in companies similar to Reliance Nippon Life Insurance in Chennai?
The salary of a Senior Manager at companies similar to Reliance Nippon Life Insurance in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Lombard General Insurance Company ₹4.9 Lakhs to ₹13.3 Lakhs per year
Aditya Birla Health Insurance Co ₹4.0 Lakhs to ₹15.0 Lakhs per year
Star Health & Allied Insurance ₹4.0 Lakhs to ₹12.1 Lakhs per year
Kotak Mahindara Life Insurance ₹3.5 Lakhs to ₹9.7 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 Manager at Reliance Nippon Life Insurance in Chennai?
The salary growth for a Senior Manager at Reliance Nippon Life Insurance in Chennai depends on factors such as experience, performance, and promotions. On average, a Senior Manager in Chennai can expect the following growth trajectory at Reliance Nippon Life Insurance:

Experience Average Salary Range
7 years ₹7.6 Lakhs to ₹9.7 Lakhs per year
8 years ₹7.8 Lakhs to ₹10.0 Lakhs per year
9 years ₹8.0 Lakhs to ₹10.2 Lakhs per year
10 years ₹8.2 Lakhs to ₹10.5 Lakhs per year
and so on.

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Reliance Nippon Life Insurance Senior Manager salary in Chennai ranges between ₹6.1 Lakhs to ₹11 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.