Reliance Nippon Life Insurance Surat Senior Territory Manager Salaries by 4 Employees (Updated 2025)

11 - 20 years exp.

₹9.9 Lakhs - ₹13 Lakhs

Salary of majority employees

54% more than the average Senior Territory Manager Salary in Insurance Companies for 11 - 20 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Territory Manager Salary 11 - 20 years exp. (3 salaries)	₹9.9 L/yr - ₹13 L/yr
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Sales & Business Development Senior Territory Manager Salary 20 years exp. (AmbitionBox Estimate)	₹12 L/yr - ₹13.4 L/yr

Last Updated: 24 Mar 2024

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

Reliance Nippon Life Insurance Senior Territory Manager Salary

11 - 20 years exp. (4 salaries)

₹9.9 L/yr - ₹13 L/yr

Company name	Avg Annual Salary	Open Jobs
USHA International Senior Territory Manager Salary 7 - 13 years exp. (6 salaries)	₹4.9 L/yr - ₹9 L/yr 40% less
TradeIndia (Infocom Network Private Limited) Senior Territory Manager Salary 5 - 9 years exp. (5 salaries)	₹4.8 L/yr - ₹6 L/yr 56% less
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Onsitego Senior Territory Manager Salary 6 - 8 years exp. (3 salaries)	₹5.4 L/yr - ₹6.9 L/yr 48% less
Magma HDI General Insurance Senior Territory Manager Salary 12 - 14 years exp. (3 salaries)	₹7.2 L/yr - ₹7.4 L/yr 38% less
Orient Bell Senior Territory Manager Salary 4 - 9 years exp. (3 salaries)	₹5.9 L/yr - ₹6.5 L/yr 49% less

Senior Territory Manager salary at Reliance Nippon Life Insurance ranges between ₹9.9 Lakhs to ₹13 Lakhs per year for employees with experience between 11 years to 20 years. Salary estimates are based on 4 latest salaries received from various employees of Reliance Nippon Life Insurance.

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

Last Updated: 24 Mar 2024

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹19.2 L/yr
12 years (AmbitionBox Estimate)	₹9.8 L/yr - ₹12.5 L/yr
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13 years (AmbitionBox Estimate)	₹10 L/yr - ₹12.8 L/yr
14 years (AmbitionBox Estimate)	₹10.2 L/yr - ₹13 L/yr
15+ years (3 salaries)	₹12 L/yr - ₹13 L/yr

Similar Designation salaries in Reliance Nippon Life Insurance

Relationship Manager Salary

(4 salaries)

₹2.6 L/yr - ₹4.5 L/yr

Executive Relationship Manager Salary

(3 salaries)

₹3 L/yr - ₹3.6 L/yr

Salary related reviews for Reliance Nippon Life Insurance

5.0

Rated by 1 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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Salary Negotiation in an interview

Hi, I have had a first round of interview with the company. And mentioned my salary expectations as 15- 20% from my previous LPA. But after that I feel like I have undervalued my expectations. Being in the field for 9 years with the required skill, considering the market and the prospect company is a well known builder, i should have asked more. Anyway a face to face interview is scheduled next week. How to ask them a higher salary from what I have mentioned earlier. And how much I can ask more. Please help. Thanks in advance.

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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 Surat?

Senior Territory Manager salary at Reliance Nippon Life Insurance in Surat ranges between ₹9.9 Lakhs to ₹13.0 Lakhs for experience between 11 years to 20 years. According to our estimates it is 54% more than the average Senior Territory Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Reliance Nippon Life Insurance Surat.

How does the salary of a Senior Territory Manager at Reliance Nippon Life Insurance Surat compare with the average salary range for this job?

The average salary of a Senior Territory Manager at Reliance Nippon Life Insurance is 54% more than the average salary of a Senior Territory Manager in Surat. To know exact salary insights, login to view.

What is the salary of a Senior Territory Manager in companies similar to Reliance Nippon Life Insurance in Surat?

Magma HDI General Insurance Senior Territory Manager Salary - ₹7.2 Lakhs to ₹7.4 Lakhs per year
USHA International Senior Territory Manager Salary - ₹4.9 Lakhs to ₹9.0 Lakhs per year
Onsitego Senior Territory Manager Salary - ₹5.4 Lakhs to ₹6.9 Lakhs per year
Orient Bell Senior Territory Manager Salary - ₹5.9 Lakhs to ₹6.5 Lakhs per year
TradeIndia (Infocom Network Private Limited) Senior Territory Manager Salary - ₹4.8 Lakhs to ₹6.0 Lakhs per year

What is the estimated take home salary of a Senior Territory Manager at Reliance Nippon Life Insurance in Surat?

The estimated take-home salary of a Senior Territory Manager at Reliance Nippon Life Insurance ranges between ₹82,940 per month to ₹85,106 per month in Surat. The take-home salary calculation is based on the average Reliance Nippon Life Insurance Senior Territory Manager salary in India which ranges between ₹9.9 Lakhs to ₹13.0 Lakhs per year for employees with experience between 11 years to 20 years. Check how did we calculate take home salary?

What is the notice period for Senior Territory Manager at Reliance Nippon Life Insurance in Surat?

According to AmbitionBox, 100% of the Reliance Nippon Life Insurance Senior Territory Managers in Surat reported a notice period of 15 days or less.This is based on 2 responses on AmbitionBox in last 2 years.

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Reliance Nippon Life Insurance Senior Territory Manager Salaries in Surat

Reliance Nippon Life Insurance Senior Territory Manager salary in Surat ranges between ₹9.9 Lakhs to ₹13 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.