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Reliance Nippon Life Insurance Senior Territory Manager salaries in Ranchi

Annual salary range
9 - 17 years exp.
₹7 Lakhs - ₹13 Lakhs
Salary of majority employees
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30% more than the average Senior Territory Manager Salary in Insurance Companies for 9 - 17 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Senior Territory Manager Salary
9 - 17 years exp. (3 salaries)
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₹7 L/yr - ₹12.8 L/yr

Sales & Business Development
Senior Territory Manager Salary
14 - 15 years exp. (3 salaries)
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₹10 L/yr - ₹13 L/yr

Last Updated: 12 Jan 2025

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

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Reliance Nippon Life Insurance Senior Territory Manager Salary

9 - 17 years exp. (6 salaries)

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₹7 L/yr - ₹13 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹7.8 L/yr - ₹8.5 L/yr

arrow icon 25% less
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Orient Bell Senior Territory Manager Salary

7 - 9 years exp. (4 salaries)

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₹5.9 L/yr - ₹7.1 L/yr

arrow icon 43% less
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₹15 L/yr - ₹16 L/yr

arrow icon 46% more
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CenturyPly Senior Territory Manager Salary

10 - 13 years exp. (3 salaries)

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₹7.3 L/yr - ₹7.9 L/yr

arrow icon 27% less
Senior Territory Manager salary at Reliance Nippon Life Insurance ranges between ₹7 Lakhs to ₹13 Lakhs per year for employees with experience between 9 years to 17 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 Ranchi

3w ago
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15 years exp.
4mo ago
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14 years exp.
1y ago
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17 years exp.
1y ago
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14 years exp.
1y ago
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15 years exp.
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9 years exp.

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

Last Updated: 12 Jan 2025

Experience Avg Annual Salary
9 years (AmbitionBox Estimate)

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₹7 L/yr - ₹16.2 L/yr
10 years (AmbitionBox Estimate)

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

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₹8.5 L/yr - ₹10.9 L/yr
12 years (AmbitionBox Estimate)

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₹8.7 L/yr - ₹11.1 L/yr
13 years (AmbitionBox Estimate)

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₹8.9 L/yr - ₹11.4 L/yr
View all

Similar Designation salaries in Reliance Nippon Life Insurance

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₹5.5 L/yr - ₹7.25 L/yr
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₹2.6 L/yr - ₹3.6 L/yr
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₹2 L/yr - ₹3.72 L/yr
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₹2.2 L/yr - ₹2.8 L/yr

Salary related reviews for Reliance Nippon Life Insurance

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

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

read more

Dislikes

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

read more
  • 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.

read more
  • 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

read more
  • 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 Ranchi?
Senior Territory Manager salary at Reliance Nippon Life Insurance in Ranchi ranges between ₹7.0 Lakhs to ₹13.0 Lakhs for experience between 9 years to 17 years. According to our estimates it is 30% more than the average Senior Territory Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Reliance Nippon Life Insurance Ranchi.
How does the salary of a Senior Territory Manager at Reliance Nippon Life Insurance Ranchi compare with the average salary range for this job?
The average salary of a Senior Territory Manager at Reliance Nippon Life Insurance is 30% more than the average salary of a Senior Territory Manager in Ranchi. To know exact salary insights, login to view.
Which similar companies are paying more than Reliance Nippon Life Insurance to a Senior Territory Manager in Ranchi?
  • Captiva Energy Solutions Senior Territory Manager Salary - ₹15.0 Lakhs to ₹16.0 Lakhs per year
What is the salary of a Senior Territory Manager in companies similar to Reliance Nippon Life Insurance in Ranchi?
  • Bajaj Allianz Life Insurance Senior Territory Manager Salary - ₹7.8 Lakhs to ₹8.5 Lakhs per year
  • CenturyPly Senior Territory Manager Salary - ₹7.3 Lakhs to ₹7.9 Lakhs per year
  • Orient Bell Senior Territory Manager Salary - ₹5.9 Lakhs to ₹7.1 Lakhs per year
What is the estimated take home salary of a Senior Territory Manager at Reliance Nippon Life Insurance in Ranchi?
The estimated take-home salary of a Senior Territory Manager at Reliance Nippon Life Insurance ranges between ₹75,022 per month to ₹76,964 per month in Ranchi. The take-home salary calculation is based on the average Reliance Nippon Life Insurance Senior Territory Manager salary in India which ranges between ₹7.0 Lakhs to ₹13.0 Lakhs per year for employees with experience between 9 years to 17 years. Check how did we calculate take home salary?
What is the notice period for Senior Territory Manager at Reliance Nippon Life Insurance in Ranchi?
According to AmbitionBox, 75% of the Reliance Nippon Life Insurance Senior Territory Managers in Ranchi reported a notice period of 3 Months, 25% reported a notice period of 1 Month.This is based on 4 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Reliance Nippon Life Insurance Senior Territory Manager salary in Ranchi ranges between ₹7 Lakhs to ₹13 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.