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Reliance Nippon Life Insurance Senior Territory Manager salaries in Nagpur

Annual salary range
11 - 21 years exp.
₹7 Lakhs - ₹10 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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17% more than the average Senior Territory Manager Salary in Insurance Companies for 11 - 21 years of experience

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Salaries in different departments

Sales & Business Development
Senior Territory Manager Salary
14 - 21 years exp. (4 salaries)
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₹7.5 L/yr - ₹12.9 L/yr

BFSI, Investments & Trading
Senior Territory Manager Salary
11 years exp. (AmbitionBox Estimate)
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₹7 L/yr - ₹10.8 L/yr

Last Updated: 25 Oct 2024

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

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Reliance Nippon Life Insurance Senior Territory Manager Salary

11 - 21 years exp. (6 salaries)

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₹7 L/yr - ₹10 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹7 L/yr - ₹8.5 L/yr

arrow icon 24% less
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₹4.2 L/yr - ₹9.5 L/yr

arrow icon 30% less
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Orient Bell Senior Territory Manager Salary

6 - 9 years exp. (5 salaries)

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₹6.5 L/yr - ₹7.7 L/yr

arrow icon 29% less
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₹8.3 L/yr - ₹9.3 L/yr

arrow icon 14% less
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₹7.8 L/yr - ₹8.4 L/yr

arrow icon 16% less
Senior Territory Manager salary at Reliance Nippon Life Insurance ranges between ₹7 Lakhs to ₹10 Lakhs per year for employees with experience between 11 years to 21 years. Salary estimates are based on 6 latest salaries received from various employees of Reliance Nippon Life Insurance.

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

5mo ago
₹10 Lakhs
21 years exp.
6mo ago
₹10 Lakhs
20 years exp.
1y ago
₹9 Lakhs
18 years exp.

Experience wise Reliance Nippon Life Insurance Senior Territory Manager salaries in Nagpur

Last Updated: 25 Oct 2024

Experience Avg Annual Salary
11 years (AmbitionBox Estimate)

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₹8.1 L/yr - ₹10.3 L/yr
12 years (AmbitionBox Estimate)

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₹8.3 L/yr - ₹10.6 L/yr
13 years (AmbitionBox Estimate)

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₹8.5 L/yr - ₹10.8 L/yr
14 years (AmbitionBox Estimate)

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₹8.7 L/yr - ₹11.1 L/yr
15+ years  (4 salaries)

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₹9 L/yr - ₹19.1 L/yr

Similar Designation salaries in Reliance Nippon Life Insurance

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₹3 L/yr - ₹4 L/yr

Salary related reviews for Reliance Nippon Life Insurance

2.0

Rated by 1 employees for salary & benefits

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

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  • Salary - Poor
  • +6 more

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

read more
  • 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

read more
  • Skill development - Bad
  • +2 more

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

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Dislikes

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

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  • Salary - Bad
  • +5 more

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.

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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.

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  • Skill development - Poor
  • +2 more

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

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  • 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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Reliance Nippon Life Insurance Senior Territory Manager Salary FAQs

What is the salary of Senior Territory Manager at Reliance Nippon Life Insurance in Nagpur?
The average salary of a Senior Territory Manager at Reliance Nippon Life Insurance in Nagpur typically ranges from ₹7.0 Lakhs to ₹10.0 Lakhs per year, depending on experience (from 11 years to 21 years).

The top 10% of Senior Territory Manager in Nagpur at Reliance Nippon Life Insurance earn more than ₹10.0 Lakhs per year, and the top 1% earn over ₹10.0 Lakhs per year. Senior Territory 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 6 Reliance Nippon Life Insurance employees in India.
What is the estimated take home salary of a Senior Territory Manager at Reliance Nippon Life Insurance in Nagpur?
The estimated take-home salary of a Senior Territory Manager at Reliance Nippon Life Insurance in Nagpur typically ranges from ₹72,024 to ₹73,881 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹10.0 Lakhs per year for employees with experience ranging from 11 years to 21 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.
What is the salary of a Senior Territory Manager in companies similar to Reliance Nippon Life Insurance in Nagpur?
The salary of a Senior Territory Manager at companies similar to Reliance Nippon Life Insurance in Nagpur varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Pearson Education India ₹8.3 Lakhs to ₹9.3 Lakhs per year
Sonalika Tractors ₹7.8 Lakhs to ₹8.4 Lakhs per year
Bajaj Allianz Life Insurance ₹7.0 Lakhs to ₹8.5 Lakhs per year
Orient Bell ₹6.5 Lakhs to ₹7.7 Lakhs per year
USHA International ₹4.2 Lakhs to ₹9.5 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 Territory Manager at Reliance Nippon Life Insurance in Nagpur?
The salary growth for a Senior Territory Manager at Reliance Nippon Life Insurance in Nagpur depends on factors such as experience, performance, and promotions. On average, a Senior Territory Manager in Nagpur can expect the following growth trajectory at Reliance Nippon Life Insurance:

Experience Average Salary Range
11 years ₹8.1 Lakhs to ₹10.3 Lakhs per year
12 years ₹8.3 Lakhs to ₹10.6 Lakhs per year
13 years ₹8.5 Lakhs to ₹10.8 Lakhs per year
14 years ₹8.7 Lakhs to ₹11.1 Lakhs per year
and so on.

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Reliance Nippon Life Insurance Senior Territory Manager salary in Nagpur ranges between ₹7 Lakhs to ₹10 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.