Reliance Nippon Life Insurance Madurai Senior Manager Salaries by 4 Employees

0 - 14 years exp.

₹2.5 Lakhs - ₹8.2 Lakhs

Avg. annual salary

Monthly In-hand Salary

42% less than the average Senior Manager Salary in Insurance Companies for 0 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Manager Salary 0 - 14 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹8.2 L/yr
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Procurement & Supply Chain Senior Manager Salary 0 - 1 year exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹7.8 L/yr

Last Updated: 16 Jul 2023

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

Reliance Nippon Life Insurance Senior Manager Salary

0 - 14 years exp. (4 salaries)

₹2.5 L/yr - ₹8.2 L/yr

Company name	Avg Annual Salary	Open Jobs
TVS Mobility Senior Manager Salary 14 - 20 years exp. (5 salaries)	₹11 L/yr - ₹22 L/yr 98% more
Jana Small Finance Bank Senior Manager Salary 9 - 15 years exp. (5 salaries)	₹4 L/yr - ₹9.3 L/yr 29% more
Login to view exact salary
Shriram Finance Senior Manager Salary 7 - 16 years exp. (4 salaries)	₹3.5 L/yr - ₹7.4 L/yr 1% less	2 job openings
India Post Payments Bank Senior Manager Salary 14 - 16 years exp. (4 salaries)	₹15 L/yr - ₹23.1 L/yr 225% more
Annapurna Finance Senior Manager Salary 2 - 8 years exp. (4 salaries)	₹7.5 L/yr - ₹10.6 L/yr 46% more

Senior Manager salary at Reliance Nippon Life Insurance ranges between ₹2.5 Lakhs to ₹8.2 Lakhs per year for employees with less than 1 year of experience to 14 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 Manager salaries in Madurai

Last Updated: 16 Jul 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
1 year (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
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2 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr
3 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.6 L/yr
4 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
5 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7.1 L/yr
6 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
7 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.6 L/yr
8 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
9 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8.1 L/yr
10 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr
11 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.6 L/yr
12 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.8 L/yr
13 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9.1 L/yr
14 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.3 L/yr

View all

Salary related reviews for Reliance Nippon Life Insurance

4.0

Rated by 1 employees for salary & benefits

Senior Manager in Mumbai

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.

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.

Salary - Poor

+6 more

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

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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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 Madurai?

The average salary of a Senior Manager at Reliance Nippon Life Insurance in Madurai typically ranges from ₹2.5 Lakhs to ₹8.2 Lakhs per year, depending on experience (from Fresher to 14 years).

The top 10% of Senior Manager in Madurai at Reliance Nippon Life Insurance earn more than ₹8.2 Lakhs per year, and the top 1% earn over ₹8.2 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 Madurai?

The estimated take-home salary of a Senior Manager at Reliance Nippon Life Insurance in Madurai typically ranges from ₹52,928 to ₹54,175 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹8.2 Lakhs per year for employees with experience ranging from Fresher to 14 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?

India Post Payments Bank	₹15.0 Lakhs to ₹23.1 Lakhs per year
TVS Mobility	₹11.0 Lakhs to ₹22.0 Lakhs per year
Annapurna Finance	₹7.5 Lakhs to ₹10.6 Lakhs per year
Jana Small Finance Bank	₹4.0 Lakhs to ₹9.3 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 Madurai?

The salary of a Senior Manager at companies similar to Reliance Nippon Life Insurance in Madurai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Shriram Finance

₹3.5 Lakhs to ₹7.4 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 Madurai?

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

Experience	Average Salary Range
Fresher	₹4.5 Lakhs to ₹5.8 Lakhs per year
1 year	₹4.7 Lakhs to ₹6.0 Lakhs per year
2 years	₹4.9 Lakhs to ₹6.3 Lakhs per year
3 years	₹5.1 Lakhs to ₹6.6 Lakhs per year

and so on.

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Reliance Nippon Life Insurance Senior Manager Salaries in Madurai

Reliance Nippon Life Insurance Senior Manager salary in Madurai ranges between ₹2.5 Lakhs to ₹8.2 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 Manager salaries in Madurai

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

Latest annual salaries shared by Reliance Nippon Life Insurance Senior Manager in Madurai

Experience wise Reliance Nippon Life Insurance Senior Manager salaries in Madurai

Salary related reviews for Reliance Nippon Life Insurance

Senior Manager in Mumbai

Sales Manager in Goalpara

Business Development Manager in Kolkata

Branch Manager in Anantnag

Team Lead in Mirza

Reliance Nippon Life Insurance Senior Manager Salary FAQs

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