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

Annual salary range
1 - 9 years exp.
₹2.3 Lakhs - ₹5 Lakhs
Salary of majority employees
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69% less than the average Senior Sales Manager Salary in Insurance Companies for 1 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Senior Sales Manager Salary
1 - 8 years exp. (20 salaries)
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₹2.3 L/yr - ₹4.6 L/yr

Sales & Business Development
Senior Sales Manager Salary
1 - 9 years exp. (15 salaries)
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₹2.4 L/yr - ₹4.7 L/yr

Customer Success, Service & Operations
Senior Sales Manager Salary
2 - 7 years exp. (5 salaries)
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₹2.4 L/yr - ₹3.6 L/yr

Finance & Accounting
Senior Sales Manager Salary
4 - 9 years exp. (3 salaries)
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₹2.4 L/yr - ₹3.9 L/yr

Marketing & Communication
Senior Sales Manager Salary
1 - 3 years exp. (3 salaries)
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₹2.4 L/yr - ₹3.1 L/yr

View all

Last Updated: 15 Jan 2025

Companies similar to Reliance Nippon Life Insurance for Senior Sales Manager

Company name Avg Annual Salary Open Jobs
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₹3.4 L/yr - ₹6.3 L/yr

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₹3 L/yr - ₹9 L/yr

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21 job openings
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HDFC Life Senior Sales Manager Salary

4 - 14 years exp. (137 salaries)

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₹2.3 L/yr - ₹8.5 L/yr

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2 job openings
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₹2.4 L/yr - ₹4.5 L/yr

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7 job openings
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₹4.5 L/yr - ₹16 L/yr

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₹2 L/yr - ₹10.7 L/yr

arrow icon 83% more
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₹3 L/yr - ₹6.8 L/yr

arrow icon 53% more
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PNB MetLife Senior Sales Manager Salary

2 - 12 years exp. (63 salaries)

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₹3 L/yr - ₹5.7 L/yr

arrow icon 39% more
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₹2.9 L/yr - ₹12.5 L/yr

arrow icon 132% more
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₹3.3 L/yr - ₹8.1 L/yr

arrow icon 35% more
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₹3.5 L/yr - ₹9 L/yr

arrow icon 91% more
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₹4.4 L/yr - ₹7.5 L/yr

arrow icon 72% more
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₹3.6 L/yr - ₹9.5 L/yr

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₹4.4 L/yr - ₹6.2 L/yr

arrow icon 73% more
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₹2.5 L/yr - ₹8 L/yr

arrow icon 53% more
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MetLife Senior Sales Manager Salary

3 - 7 years exp. (4 salaries)

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₹2 L/yr - ₹4.5 L/yr

arrow icon 10% more
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₹3.4 L/yr - ₹4.5 L/yr

arrow icon 31% more
Senior Sales Manager salary at Reliance Nippon Life Insurance ranges between ₹2.3 Lakhs to ₹5 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 56 latest salaries received from various employees of Reliance Nippon Life Insurance.

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

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Experience wise Reliance Nippon Life Insurance Senior Sales Manager salaries

Last Updated: 15 Jan 2025

Experience Avg Annual Salary
1 year  (5 salaries)

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₹2.4 L/yr - ₹3.2 L/yr
2 years  (7 salaries)

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₹2.4 L/yr - ₹3.7 L/yr
3 years  (7 salaries)

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₹2.4 L/yr - ₹3.4 L/yr
4 years  (9 salaries)

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₹2.3 L/yr - ₹4 L/yr
5 years  (9 salaries)

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₹2.5 L/yr - ₹4.6 L/yr
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Reliance Nippon Life Insurance Senior Sales Manager Salary and Career Growth

From

To

Senior Sales Manager

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1 - 9 years exp.

BDM

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3 - 9 years exp.

Senior Sales Manager 1 - 9 years exp.
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Executive Sales Manager 3 - 12 years exp.
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arrow icon 16% hike
    BDM 3 - 9 years exp.
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    arrow icon 5% hike

    From

    To

    Senior Sales Manager

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    1 - 9 years exp.

    Senior Branch Manager

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    9 - 18 years exp.

    From

    To

    Senior Sales Manager

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    1 - 9 years exp.

    Cluster Head

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    12 - 19 years exp.

    From

    To

    Senior Sales Manager

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    1 - 9 years exp.

    Senior Territory Manager

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    9 - 22 years exp.

    From

    To

    Senior Sales Manager

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    1 - 9 years exp.

    Cluster Manager

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    7 - 22 years exp.

    Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

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    Branch Manager Salary
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    Salary related reviews for Reliance Nippon Life Insurance

    3.0

    Rated by 24 employees for salary & benefits

    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
    see more salary related reviews

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    Reliance Nippon Life Insurance Senior Sales Manager Salary FAQs

    What is the salary of Senior Sales Manager at Reliance Nippon Life Insurance ?
    The average salary of a Senior Sales Manager at Reliance Nippon Life Insurance in India typically ranges from ₹2.3 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 1 year to 9 years).

    The top 10% of Senior Sales Manager at Reliance Nippon Life Insurance earn more than ₹4.1 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Senior Sales 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 50+ Reliance Nippon Life Insurance employees in India.
    What is the estimated take home salary of a Senior Sales Manager at Reliance Nippon Life Insurance in India?
    The estimated take-home salary of a Senior Sales Manager at Reliance Nippon Life Insurance in India typically ranges from ₹22,908 to ₹24,378 per month. This is based on the average salary range of ₹2.3 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 1 year to 9 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 50+ 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 Sales Manager in India?
    ICICI Lombard General Insurance Company ₹4.5 Lakhs to ₹16.0 Lakhs per year
    Star Health & Allied Insurance ₹2.9 Lakhs to ₹12.5 Lakhs per year
    HDFC Life ₹2.3 Lakhs to ₹8.5 Lakhs per year
    Tata AIA Life Insurance ₹3.5 Lakhs to ₹9.0 Lakhs per year
    Aditya Birla Sun Life Insurance ₹2.0 Lakhs to ₹10.7 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 Sales Manager in companies similar to Reliance Nippon Life Insurance in India?
    The salary of a Senior Sales 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:

    SBI General Insurance ₹4.4 Lakhs to ₹6.2 Lakhs per year
    Axis Max Life Insurance ₹4.4 Lakhs to ₹7.5 Lakhs per year
    Bajaj Allianz General Insurance ₹3.0 Lakhs to ₹9.0 Lakhs per year
    Kotak Mahindara Life Insurance ₹3.0 Lakhs to ₹6.8 Lakhs per year
    Shriram Life Insurance ₹2.5 Lakhs to ₹8.0 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 Sales Manager at Reliance Nippon Life Insurance in India?
    The salary growth for a Senior Sales Manager at Reliance Nippon Life Insurance depends on factors such as experience, performance, and promotions. On average, a Senior Sales Manager can expect the following growth trajectory at Reliance Nippon Life Insurance:

    Experience Average Salary Range
    1 year ₹2.4 Lakhs to ₹3.2 Lakhs per year
    2 years ₹2.4 Lakhs to ₹3.7 Lakhs per year
    3 years ₹2.4 Lakhs to ₹3.4 Lakhs per year
    4 years ₹2.3 Lakhs to ₹4.0 Lakhs per year
    and so on.

    Tell us how to improve this page.

    Reliance Nippon Life Insurance Senior Sales Manager salary in India ranges between ₹2.3 Lakhs to ₹5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 56 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.