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Reliance Nippon Life Insurance Senior Territory Manager salaries in Pune

Annual salary range
16 - 21 years exp.
₹9.3 Lakhs - ₹14 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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11% more than the average Senior Territory Manager Salary in Insurance Companies for 16 - 21 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Senior Territory Manager Salary
16 - 19 years exp. (3 salaries)
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₹8.7 L/yr - ₹12 L/yr

Sales & Business Development
Senior Territory Manager Salary
21 years exp. (AmbitionBox Estimate)
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₹10.8 L/yr - ₹14 L/yr

Last Updated: 14 Aug 2024

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

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Reliance Nippon Life Insurance Senior Territory Manager Salary

16 - 21 years exp. (6 salaries)

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₹9.3 L/yr - ₹14 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹6.8 L/yr - ₹9.5 L/yr

arrow icon 24% less
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HDFC Life Senior Territory Manager Salary

8 - 13 years exp. (3 salaries)

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₹4.7 L/yr - ₹15 L/yr

arrow icon 13% less
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CARS24 Senior Territory Manager Salary

4 - 10 years exp. (9 salaries)

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₹13.5 L/yr - ₹20 L/yr

arrow icon 62% more
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Ricoh Senior Territory Manager Salary

4 - 13 years exp. (9 salaries)

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₹6 L/yr - ₹11.7 L/yr

arrow icon 24% less
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FedEx Express Senior Territory Manager Salary

8 - 12 years exp. (6 salaries)

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₹11 L/yr - ₹16.7 L/yr

arrow icon 46% more
Senior Territory Manager salary at Reliance Nippon Life Insurance ranges between ₹9.3 Lakhs to ₹14 Lakhs per year for employees with experience between 16 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 Pune

7mo ago
₹12 Lakhs
18 years exp.

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

Last Updated: 14 Aug 2024

Experience Avg Annual Salary
15+ years  (6 salaries)

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₹11 L/yr - ₹14 L/yr

Similar Designation salaries in Reliance Nippon Life Insurance

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₹2.95 L/yr - ₹4.7 L/yr
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₹5.5 L/yr - ₹14.1 L/yr
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₹5 L/yr - ₹10 L/yr
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₹15.7 L/yr - ₹25 L/yr
Area Manager Salary
(3 salaries)
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₹11 L/yr - ₹18 L/yr

Salary related reviews for Reliance Nippon Life Insurance

3.3

Rated by 2 employees for salary & benefits

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

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

read more
  • 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

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  • 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

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  • Skill development - Bad
  • +2 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 Pune?
The average salary of a Senior Territory Manager at Reliance Nippon Life Insurance in Pune typically ranges from ₹9.3 Lakhs to ₹14.0 Lakhs per year, depending on experience (from 16 years to 21 years).

The top 10% of Senior Territory Manager in Pune at Reliance Nippon Life Insurance earn more than ₹13.9 Lakhs per year, and the top 1% earn over ₹14.0 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 Pune?
The estimated take-home salary of a Senior Territory Manager at Reliance Nippon Life Insurance in Pune typically ranges from ₹76,784 to ₹78,775 per month. This is based on the average salary range of ₹9.3 Lakhs to ₹14.0 Lakhs per year for employees with experience ranging from 16 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.
Which companies offer higher salaries than Reliance Nippon Life Insurance for Senior Territory Manager in India?
CARS24 ₹13.5 Lakhs to ₹20.0 Lakhs per year
FedEx Express ₹11.0 Lakhs to ₹16.7 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 Territory Manager in companies similar to Reliance Nippon Life Insurance in Pune?
The salary of a Senior Territory Manager at companies similar to Reliance Nippon Life Insurance in Pune varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Life ₹4.7 Lakhs to ₹15.0 Lakhs per year
Ricoh ₹6.0 Lakhs to ₹11.7 Lakhs per year
Bajaj Allianz Life Insurance ₹6.8 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 Pune?
The salary growth for a Senior Territory Manager at Reliance Nippon Life Insurance in Pune depends on factors such as experience, performance, and promotions. On average, a Senior Territory Manager in Pune can expect the following growth trajectory at Reliance Nippon Life Insurance:

Experience Average Salary Range
15 years ₹11.0 Lakhs to ₹14.0 Lakhs per year
and so on.

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Reliance Nippon Life Insurance Senior Territory Manager salary in Pune ranges between ₹9.3 Lakhs to ₹14 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.