Reliance Nippon Life Insurance Senior Sales Officer Salaries by 6 Employees

2 - 6 years exp.

₹1.8 Lakh - ₹3 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

55% less than the average Senior Sales Officer Salary in Insurance Companies for 2 - 6 years of experience

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Salaries in different departments

Sales & Business Development Senior Sales Officer Salary 2 - 6 years exp. (4 salaries)	₹1.8 L/yr - ₹2.6 L/yr
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BFSI, Investments & Trading Senior Sales Officer Salary 3 - 6 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹3 L/yr

Last Updated: 9 Jun 2024

Companies similar to Reliance Nippon Life Insurance for Senior Sales Officer

Company name	Avg Annual Salary	Open Jobs
Star Health & Allied Insurance Senior Sales Officer Salary 1 - 8 years exp. (17 salaries)	₹2.2 L/yr - ₹3.8 L/yr 37% more
HDFC Life Senior Sales Officer Salary 1 - 8 years exp. (12 salaries)	₹3.3 L/yr - ₹5.5 L/yr 78% more
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Axis Max Life Insurance Senior Sales Officer Salary 0 - 5 years exp. (7 salaries)	₹2 L/yr - ₹2.7 L/yr 2% more	1 job opening
ICICI Lombard General Insurance Company Senior Sales Officer Salary 0 - 10 years exp. (7 salaries)	₹1.4 L/yr - ₹2.7 L/yr 7% less
Bajaj Allianz General Insurance Senior Sales Officer Salary 1 - 9 years exp. (7 salaries)	₹2.5 L/yr - ₹4.3 L/yr 46% more
PNB MetLife Senior Sales Officer Salary 2 - 11 years exp. (7 salaries)	₹3.8 L/yr - ₹5.5 L/yr 106% more
Aditya Birla Sun Life Insurance Senior Sales Officer Salary 0 - 6 years exp. (6 salaries)	₹3.3 L/yr - ₹4 L/yr 67% more
Bajaj Allianz Life Insurance Senior Sales Officer Salary 0 - 5 years exp. (6 salaries)	₹2.7 L/yr - ₹4 L/yr 26% more
ICICI Prudential Life Insurance Senior Sales Officer Salary 1 - 6 years exp. (5 salaries)	₹2.8 L/yr - ₹4.3 L/yr 51% more
Shriram Life Insurance Senior Sales Officer Salary 3 - 10 years exp. (5 salaries)	₹2 L/yr - ₹4.8 L/yr 23% more
Aditya Birla Health Insurance Co Senior Sales Officer Salary 3 - 6 years exp. (5 salaries)	₹3 L/yr - ₹4.4 L/yr 44% more
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Tata AIA Life Insurance Senior Sales Officer Salary 3 - 11 years exp. (4 salaries)	₹1.8 L/yr - ₹5 L/yr 31% more
Life Insurance Corporation of India Senior Sales Officer Salary 2 - 8 years exp. (4 salaries)	₹1.8 L/yr - ₹3 L/yr 2% more
HDFC Ergo General Insurance Senior Sales Officer Salary 2 - 6 years exp. (4 salaries)	₹2.5 L/yr - ₹3.5 L/yr 38% more
SBI Life Insurance Company Senior Sales Officer Salary 0 - 4 years exp. (4 salaries)	₹3.5 L/yr - ₹3.6 L/yr 56% more
Kotak Mahindara Life Insurance Senior Sales Officer Salary 3 - 8 years exp. (4 salaries)	₹3.8 L/yr - ₹5 L/yr 96% more

Senior Sales Officer salary at Reliance Nippon Life Insurance ranges between ₹1.8 Lakh to ₹3 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 6 latest salaries received from various employees of Reliance Nippon Life Insurance.

Experience wise Reliance Nippon Life Insurance Senior Sales Officer salaries

Last Updated: 9 Jun 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.1 L/yr
3 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
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4 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr
5 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
6 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr

Similar Designation salaries in Reliance Nippon Life Insurance

Area Sales Officer Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Sales Officer Salary

(15 salaries)

₹1.45 L/yr - ₹4.1 L/yr

Senior Sales Executive Salary

(5 salaries)

₹2 L/yr - ₹2.5 L/yr

Territory Sales Manager Salary

(4 salaries)

₹6.5 L/yr - ₹7 L/yr

Relationship Officer Salary

(3 salaries)

₹1.8 L/yr - ₹2.89 L/yr

Area Sales Manager Salary

(18 salaries)

₹1.8 L/yr - ₹5 L/yr

Sales Manager Salary

(243 salaries)

₹1.5 L/yr - ₹5 L/yr

Territory Sales Incharge Salary

(AmbitionBox Estimate)

₹4.7 L/yr - ₹6 L/yr

Assistant Sales Manager Salary

(53 salaries)

₹1.79 L/yr - ₹3 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Salary related reviews for Reliance Nippon Life Insurance

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

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

Relationship Manager in New Delhi

BFSI, Investments & Trading Department

3.0

• posted on 01 Feb 2022

3.0

for Salary and Benefits

Likes

Here when I started with company I got to know company has no enough data to call customer for advising any policy we need to visit our family members house only for selling policies its better to be a agent as we needs to sell policy to our family or pay out is heigh there

Dislikes

No compensation for home visit like petrol expanse in 30k salary we need to visit customer home for meeting on own expense

Job security - Poor

+4 more

Sales Executive in Lucknow

Life Insurance Department

5.0

• posted on 23 Apr 2022

5.0

for Salary and Benefits

Likes

It is won

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joiners

see more salary related reviews

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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 Sales Officer Salary FAQs

What is the salary of Senior Sales Officer at Reliance Nippon Life Insurance ?

The average salary of a Senior Sales Officer at Reliance Nippon Life Insurance in India typically ranges from ₹1.8 Lakhs to ₹3.0 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Senior Sales Officer at Reliance Nippon Life Insurance earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Senior Sales Officer 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 6 Reliance Nippon Life Insurance employees in India.

What is the estimated take home salary of a Senior Sales Officer at Reliance Nippon Life Insurance in India?

The estimated take-home salary of a Senior Sales Officer at Reliance Nippon Life Insurance in India typically ranges from ₹15,779 to ₹17,414 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from 2 years 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 6 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 Officer in India?

PNB MetLife	₹3.8 Lakhs to ₹5.5 Lakhs per year
Kotak Mahindara Life Insurance	₹3.8 Lakhs to ₹5.0 Lakhs per year
HDFC Life	₹3.3 Lakhs to ₹5.5 Lakhs per year
Aditya Birla Sun Life Insurance	₹3.3 Lakhs to ₹4.0 Lakhs per year
SBI Life Insurance Company	₹3.5 Lakhs to ₹3.6 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 Officer in companies similar to Reliance Nippon Life Insurance in India?

The salary of a Senior Sales Officer 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:

ICICI Prudential Life Insurance	₹2.8 Lakhs to ₹4.3 Lakhs per year
Bajaj Allianz General Insurance	₹2.5 Lakhs to ₹4.3 Lakhs per year
Aditya Birla Health Insurance Co	₹3.0 Lakhs to ₹4.4 Lakhs per year
HDFC Ergo General Insurance	₹2.5 Lakhs to ₹3.5 Lakhs per year
Star Health & Allied Insurance	₹2.2 Lakhs to ₹3.8 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 Officer at Reliance Nippon Life Insurance in India?

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

Experience	Average Salary Range
2 years	₹1.6 Lakhs to ₹2.1 Lakhs per year
3 years	₹1.8 Lakhs to ₹2.3 Lakhs per year
4 years	₹2.0 Lakhs to ₹2.6 Lakhs per year
5 years	₹2.3 Lakhs to ₹2.9 Lakhs per year

and so on.

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Reliance Nippon Life Insurance Senior Sales Officer Salaries

Reliance Nippon Life Insurance Senior Sales Officer salary in India ranges between ₹1.8 Lakh to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.