Reliance Nippon Life Insurance SM Salaries by 4 Employees (Updated 2024)

1 - 9 years exp.

₹2.3 Lakhs - ₹2.5 Lakhs

Low Confidence

Salary of majority employees

71% less than the average SM Salary in Insurance Companies for 1 - 9 years of experience

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Last Updated: 15 Mar 2023

Companies similar to Reliance Nippon Life Insurance for SM

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance SM Salary 2 - 4 years exp. (3 salaries)	₹6.5 L/yr - ₹7.1 L/yr 202% more
HDFC Life SM Salary 1 - 9 years exp. (8 salaries)	₹3.8 L/yr - ₹5.3 L/yr 84% more
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Max Life Insurance SM Salary 1 - 10 years exp. (10 salaries)	₹3.1 L/yr - ₹5.5 L/yr 88% more
Bajaj Allianz Life Insurance SM Salary 0 - 6 years exp. (11 salaries)	₹2 L/yr - ₹3.5 L/yr 20% more
Kotak Mahindara Life Insurance SM Salary 2 - 6 years exp. (14 salaries)	₹3.3 L/yr - ₹4.5 L/yr 62% more
Life Insurance Corporation of India SM Salary 5 - 16 years exp. (4 salaries)	₹3 L/yr - ₹4.8 L/yr 74% more
PNB MetLife SM Salary 3 - 6 years exp. (5 salaries)	₹2.3 L/yr - ₹4.2 L/yr 36% more
Aditya Birla Health Insurance Co SM Salary 3 - 9 years exp. (9 salaries)	₹3 L/yr - ₹4.5 L/yr 55% more
HDFC Ergo General Insurance SM Salary 0 - 6 years exp. (9 salaries)	₹3.1 L/yr - ₹4.2 L/yr 67% more
ICICI Lombard General Insurance Company SM Salary 2 - 9 years exp. (8 salaries)	₹5.1 L/yr - ₹7 L/yr 175% more
Care Health Insurance SM Salary 0 - 3 years exp. (4 salaries)	₹1.8 L/yr - ₹2.5 L/yr 4% less
Login to view exact salary
Shriram Life Insurance SM Salary 3 - 7 years exp. (3 salaries)	₹2.3 L/yr - ₹3.2 L/yr 14% more

SM salary at Reliance Nippon Life Insurance ranges between ₹2.3 Lakhs to ₹2.5 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 4 latest salaries received from various employees of Reliance Nippon Life Insurance.

Experience wise Reliance Nippon Life Insurance SM salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.3 L/yr - ₹4.2 L/yr
2 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.6 L/yr
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3 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.6 L/yr
4 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹2.4 L/yr
5 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.6 L/yr
6 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.6 L/yr
7 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹2.5 L/yr
8 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.6 L/yr
9 years (AmbitionBox Estimate)	₹1 L/yr - ₹2.5 L/yr

View all

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Salary related reviews for Reliance Nippon Life Insurance

Business Relationship Manager in Prayagraj / Allahabad

Full Time

Sales & Business Development Department

3.0

• posted on 04 Jun 2023

4.0

for Salary and Benefits

Likes

The rahe away Salary is good.

Dislikes

Pathetic Infra & Admin work. No neat & clean offices. No Office Decorum. No RO & Coffee machine. AC not working properly & few out of service. Untidy & Dirty Meeting Room. Senior Employee chewing Paan & Masala openly in office premises.

Assistant Manager Operations in Siliguri

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 18 Aug 2023

3.0

for Salary and Benefits

Likes

Salary on time, this is the only matter to be liked.

Dislikes

1. Salary Deduction in Operation Department if your target not meet. 2. Office timing doesn't matter. There is Extension on regular basis. You have to work on Sunday also. 3. Too much conference calls.

Life Planning Officer in Kolkata

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 30 Mar 2023

3.0

for Salary and Benefits

Likes

Good for married women

Dislikes

Office management and Branch manager doesnt know how to talk with women. Its seems like Manager give salary not company. Office timings are strick but after office hours manager keeps on zoom meeting or force to do jobs and meetings to fullfill manager criteria. After resignation and whole process of notice period Hr cannot provide relieving letter and aslo not answer emails.

Senior Customer Service Executive in Bagaha

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 09 May 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Dislikes

Great place to work

Branch Service Manager in Chandigarh

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 10 Jul 2022

3.0

for Salary and Benefits

Likes

Best Survival in challanging Market.

Dislikes

Salary deduction for Entry level employees. Partiality in between departments. Compromise on Quality. Improvement needed in HR, Legal and Compliance Practices.

see more salary related reviews

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Reliance Nippon Life Insurance SM Salary FAQs

What is the salary of SM at Reliance Nippon Life Insurance?

SM salary at Reliance Nippon Life Insurance in India ranges between ₹2.3 Lakhs to ₹2.5 Lakhs for experience between 1 years to 9 years. According to our estimates it is 71% less than the average SM Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Reliance Nippon Life Insurance India.

How does the salary of a SM at Reliance Nippon Life Insurance India compare with the average salary range for this job?

The average salary of a SM at Reliance Nippon Life Insurance is 71% less than the average salary of a SM in India. To know exact salary insights, login to view.

Which similar companies are paying more than Reliance Nippon Life Insurance to a SM in India?

ICICI Prudential Life Insurance SM Salary - ₹6.5 Lakhs to ₹7.1 Lakhs per year
ICICI Lombard General Insurance Company SM Salary - ₹5.1 Lakhs to ₹7.0 Lakhs per year
Max Life Insurance SM Salary - ₹3.1 Lakhs to ₹5.5 Lakhs per year
HDFC Life SM Salary - ₹3.8 Lakhs to ₹5.3 Lakhs per year
Life Insurance Corporation of India SM Salary - ₹3.0 Lakhs to ₹4.8 Lakhs per year

What is the salary of a SM in companies similar to Reliance Nippon Life Insurance in India?

HDFC Ergo General Insurance SM Salary - ₹3.1 Lakhs to ₹4.2 Lakhs per year
Kotak Mahindara Life Insurance SM Salary - ₹3.3 Lakhs to ₹4.5 Lakhs per year
Aditya Birla Health Insurance Co SM Salary - ₹3.0 Lakhs to ₹4.5 Lakhs per year
PNB MetLife SM Salary - ₹2.3 Lakhs to ₹4.2 Lakhs per year
Bajaj Allianz Life Insurance SM Salary - ₹2.0 Lakhs to ₹3.5 Lakhs per year

What is the estimated take home salary of a SM at Reliance Nippon Life Insurance in India?

The estimated take-home salary of a SM at Reliance Nippon Life Insurance ranges between ₹16,335 per month to ₹18,018 per month in India. The take-home salary calculation is based on the average Reliance Nippon Life Insurance SM salary in India which ranges between ₹2.3 Lakhs to ₹2.5 Lakhs per year for employees with experience between 1 years to 9 years. Check how did we calculate take home salary?

What is the notice period for SM at Reliance Nippon Life Insurance?

According to AmbitionBox, 100% of the Reliance Nippon Life Insurance SMs reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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Reliance Nippon Life Insurance SM Salaries

Reliance Nippon Life Insurance SM salary in India ranges between ₹2.3 Lakhs to ₹2.5 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.