Reliance Nippon Life Insurance Madurai Senior Territory Manager Salaries by 2 Employees

17 - 20 years exp.

₹10.3 Lakhs - ₹13.1 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

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Salaries in different departments

BFSI, Investments & Trading Senior Territory Manager Salary 17 years exp. (AmbitionBox Estimate)	₹10.7 L/yr - ₹12.7 L/yr
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Sales & Business Development Senior Territory Manager Salary 20 years exp. (AmbitionBox Estimate)	₹10.4 L/yr - ₹13 L/yr

Last Updated: 13 Jun 2024

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

Reliance Nippon Life Insurance Senior Territory Manager Salary

17 - 20 years exp. (AmbitionBox Estimate)

₹10.3 L/yr - ₹13.1 L/yr

Company name	Avg Annual Salary	Open Jobs
Mankind Pharma Senior Territory Manager Salary 3 - 6 years exp. (4 salaries)	₹2.4 L/yr - ₹3.2 L/yr 75% less
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Hindustan Unilever Senior Territory Manager Salary 8 - 11 years exp. (3 salaries)	₹7.2 L/yr - ₹7.7 L/yr 34% less

Senior Territory Manager salary at Reliance Nippon Life Insurance ranges between ₹10.3 Lakhs to ₹13.1 Lakhs per year for employees with experience between 17 years to 20 years. Salary estimates are based on 2 latest salaries received from various employees of Reliance Nippon Life Insurance.

Similar Designation salaries in Reliance Nippon Life Insurance

Key Relationship Manager Salary

(4 salaries)

₹2.1 L/yr - ₹2.39 L/yr

Salary related reviews for Reliance Nippon Life Insurance

3.8

Rated by 2 employees for salary & benefits

Senior Territory Manager in Lucknow

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 08 Jan 2025

2.0

for Salary and Benefits

Likes

Nothing

Dislikes

Worst leadership, one can never expect 100℅ in hand salary, they are on a deduction spree upto ARDM & Branch Manager Level. Lowest commission to agents, renewal commission to agents gets a 75℅ deductions. End number of con calls Immature leaders don't have the skills to lead. So many clauses which is directly affecting attrition to the highest level

Salary - Poor

+6 more

Senior Territory Manager in Vadodara

Full Time

Agency Sales Department

3.0

• posted on 25 Aug 2022

3.0

for Salary and Benefits

Likes

All Front line manager get their target as per their salary not as per their designation ,treated same as far as performance is concern

Job security - Good

Dislikes

Leadership don't have quick decision power ,no system n process to be followed ,no people development,no learning skill ,there is not a single MIS is accurate so time waste in unproductive matter which can be easily control.Worst part they are not giving appraisal till July n Aug

Skill development - Bad

+2 more

Senior Territory Manager in Pune

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 29 Nov 2020

1.0

for Salary and Benefits

Likes

Work life balance is bad and the middle management is creating poor culture however company policy are good but no employee security involved 24*7 6am to 11 pm with nos of reviews daily

Dislikes

...salay cuts at many levels however the earning incentive having lots of clou ses. And monthly compensation change every week

Salary - Bad

+5 more

Senior Territory Manager in Solapur

BFSI, Investments & Trading Department

3.0

• posted on 24 Dec 2018

3.0

for Salary and Benefits

Likes

Company open to innovation every time new schemes for agents even for employee also. Brand its speaks easily get the customers.

Dislikes

Very low compensation growth is slow work pressure is very high targets not define as per team size and present or last yrs achievemnt due to leadership change everytime team bonding not there.

Skill development - Poor

+2 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

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1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Reliance Nippon Life Insurance Senior Territory Manager Salary FAQs

How the salary growth look like for a Senior Territory Manager at Reliance Nippon Life Insurance in Madurai?

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

Experience	Average Salary Range
15 years	₹10.9 Lakhs to ₹13.9 Lakhs per year

and so on.

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Reliance Nippon Life Insurance Senior Territory Manager Salaries in Madurai

Reliance Nippon Life Insurance Senior Territory Manager salary in Madurai ranges between ₹10.3 Lakhs to ₹13.1 Lakhs. This is an estimate based on latest salaries received from employees of Reliance Nippon Life Insurance.