Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary53% less than the average Senior Manager Salary in Insurance Companies for 0 - 17 years of experience
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Salaries in different departments
BFSI, Investments & Trading
Senior Manager Salary
0 - 17
years
exp.
(17
salaries)
|  ₹5.3 L/yr - ₹14.5 L/yr |
Finance & Accounting
Senior Manager Salary
1 - 17
years
exp.
(13
salaries)
| ₹8 L/yr - ₹17.5 L/yr |
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| |
Sales & Business Development
Senior Manager Salary
2 - 17
years
exp.
(10
salaries)
| ₹4.8 L/yr - ₹12.5 L/yr |
Data Science & Analytics
Senior Manager Salary
5 - 10
years
exp.
(8
salaries)
| ₹5.6 L/yr - ₹20.8 L/yr |
Customer Success, Service & Operations
Senior Manager Salary
5 - 17
years
exp.
(7
salaries)
| ₹4.7 L/yr - ₹11.2 L/yr |
Companies similar to Reliance Nippon Life Insurance for Senior Manager in Mumbai
Reliance Nippon Life Insurance
Senior Manager Salary
0 - 17 years exp. (105 salaries) |  ₹5.2 L/yr - ₹16 L/yr |
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 ICICI Lombard General Insurance Company Senior Manager Salary
0 - 18 years exp. (517 salaries) | ₹5 L/yr - ₹15.1 L/yr 
3%
less | 1 job opening |
 HDFC Life Senior Manager Salary
2 - 20 years exp. (364 salaries) | ₹7.2 L/yr - ₹26 L/yr 
45%
more | 4 job openings |
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| ||
 Kotak Mahindara Life Insurance Senior Manager Salary
0 - 15 years exp. (287 salaries) | ₹4 L/yr - ₹11.8 L/yr
29%
less | |
 ICICI Prudential Life Insurance Senior Manager Salary
0 - 10 years exp. (285 salaries) | ₹10.7 L/yr - ₹26.9 L/yr
81%
more | |
 Tata AIA Life Insurance Senior Manager Salary
8 - 19 years exp. (164 salaries) | ₹10.8 L/yr - ₹40 L/yr
149%
more | 4 job openings |
 HDFC Ergo General Insurance Senior Manager Salary
5 - 19 years exp. (120 salaries) | ₹7 L/yr - ₹24 L/yr
56%
more | |
 Aditya Birla Health Insurance Co Senior Manager Salary
3 - 14 years exp. (68 salaries) | ₹4.2 L/yr - ₹17.5 L/yr
1%
less | |
 Aditya Birla Sun Life Insurance Senior Manager Salary
1 - 12 years exp. (44 salaries) | ₹5.1 L/yr - ₹20.4 L/yr
20%
more | |
 PNB MetLife Senior Manager Salary
8 - 16 years exp. (33 salaries) | ₹6.6 L/yr - ₹23 L/yr
35%
more | |
 Bajaj Allianz Life Insurance Senior Manager Salary
3 - 18 years exp. (30 salaries) | ₹8.5 L/yr - ₹28 L/yr
52%
more | |
 SBI General Insurance Senior Manager Salary
5 - 16 years exp. (29 salaries) | ₹6.5 L/yr - ₹24.3 L/yr
34%
more | |
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| ||
 Axis Max Life Insurance Senior Manager Salary
4 - 16 years exp. (23 salaries) | ₹8.7 L/yr - ₹31.5 L/yr
82%
more | 3 job openings |
 SBI Life Insurance Company Senior Manager Salary
5 - 14 years exp. (14 salaries) | ₹6.7 L/yr - ₹17 L/yr
23%
more | |
 Marsh Senior Manager Salary
3 - 15 years exp. (9 salaries) | ₹11.9 L/yr - ₹25.8 L/yr
77%
more | |
 Gallagher Senior Manager Salary
10 - 22 years exp. (6 salaries) | ₹8.6 L/yr - ₹20.7 L/yr
67%
more | |
 Star Health & Allied Insurance Senior Manager Salary
9 - 12 years exp. (4 salaries) | ₹7.3 L/yr - ₹14 L/yr
11%
less | |
Latest annual salaries shared by Reliance Nippon Life Insurance Senior Manager in Mumbai
Experience wise Reliance Nippon Life Insurance Senior Manager salaries in Mumbai
Last Updated: 24 Mar 2025
| Experience | Avg Annual Salary |
|---|---|
| Fresher (3 salaries) |
₹6
L/yr
- ₹15
L/yr
|
| 1 year (7 salaries) |
₹3.5
L/yr
- ₹15.6
L/yr
|
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| |
| 2 years (7 salaries) |
₹3.9
L/yr
- ₹15.7
L/yr
|
| 3 years (4 salaries) |
₹9
L/yr
- ₹13.5
L/yr
|
| 4 years (AmbitionBox Estimate) |
₹8.4
L/yr
- ₹10.7
L/yr
|
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Reliance Nippon Life Insurance Senior Manager Salary FAQs
The top 10% of Senior Manager in Mumbai at Reliance Nippon Life Insurance earn more than ₹16.0 Lakhs per year, and the top 1% earn over ₹20.9 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 100+ Reliance Nippon Life Insurance employees in India.
| Tata AIA Life Insurance | ₹10.8 Lakhs to ₹40.0 Lakhs per year |
| Axis Max Life Insurance | ₹8.7 Lakhs to ₹31.5 Lakhs per year |
| ICICI Prudential Life Insurance | ₹10.7 Lakhs to ₹26.9 Lakhs per year |
| Marsh | ₹11.9 Lakhs to ₹25.8 Lakhs per year |
| Gallagher | ₹8.6 Lakhs to ₹20.7 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.
| HDFC Ergo General Insurance | ₹7.0 Lakhs to ₹24.0 Lakhs per year |
| Bajaj Allianz Life Insurance | ₹8.5 Lakhs to ₹28.0 Lakhs per year |
| HDFC Life | ₹7.2 Lakhs to ₹26.0 Lakhs per year |
| PNB MetLife | ₹6.6 Lakhs to ₹23.0 Lakhs per year |
| SBI General Insurance | ₹6.5 Lakhs to ₹24.3 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.
| Experience | Average Salary Range |
|---|---|
| Fresher | ₹6.0 Lakhs to ₹15.0 Lakhs per year |
| 1 year | ₹3.5 Lakhs to ₹15.6 Lakhs per year |
| 2 years | ₹3.9 Lakhs to ₹15.7 Lakhs per year |
| 3 years | ₹9.0 Lakhs to ₹13.5 Lakhs per year |
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- Reliance Nippon Life Insurance Senior Manager Salaries in Mumbai
Reliance Nippon Life Insurance Senior Manager salary
in
Mumbai
ranges between ₹5.2
Lakhs to ₹16
Lakhs with an average annual salary of
₹. Salary estimates are based on
105
Reliance Nippon Life Insurance latest salaries received from various employees of
Reliance Nippon Life Insurance.