Reliance Nippon Life Insurance SRM Manager Salaries by 7 Employees (Updated 2025)

1 - 6 years exp.

₹2.4 Lakhs - ₹2.6 Lakhs

Low Confidence

Salary of majority employees

44% less than the average SRM Manager Salary in Insurance Companies for 1 - 6 years of experience

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Salaries in different departments

Sales & Business Development SRM Manager Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹2.6 L/yr - ₹2.6 L/yr
Finance & Accounting SRM Manager Salary 2 years exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹2.7 L/yr
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Marketing & Communication SRM Manager Salary 6 years exp. (AmbitionBox Estimate)	₹2.6 L/yr - ₹2.7 L/yr

Last Updated: 1 Dec 2024

Companies similar to Reliance Nippon Life Insurance for SRM Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance SRM Manager Salary 3 - 8 years exp. (6 salaries)	₹3.9 L/yr - ₹5 L/yr 58% more
HDFC Life SRM Manager Salary 0 - 6 years exp. (12 salaries)	₹3.5 L/yr - ₹3.9 L/yr 42% more
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Axis Max Life Insurance SRM Manager Salary 2 - 8 years exp. (9 salaries)	₹3 L/yr - ₹6 L/yr 75% more
Bajaj Allianz Life Insurance SRM Manager Salary 0 - 8 years exp. (28 salaries)	₹2.5 L/yr - ₹3.5 L/yr 19% more
Kotak Mahindara Life Insurance SRM Manager Salary 1 - 8 years exp. (3 salaries)	₹3.6 L/yr - ₹4 L/yr 49% more
Tata AIA Life Insurance SRM Manager Salary 5 - 8 years exp. (5 salaries)	₹3.7 L/yr - ₹6 L/yr 79% more
PNB MetLife SRM Manager Salary 3 - 10 years exp. (40 salaries)	₹3 L/yr - ₹5.5 L/yr 78% more
ICICI Lombard General Insurance Company SRM Manager Salary 7 - 9 years exp. (8 salaries)	₹5.6 L/yr - ₹6.3 L/yr 129% more
Star Health & Allied Insurance SRM Manager Salary 6 - 12 years exp. (4 salaries)	₹3 L/yr - ₹4.5 L/yr 52% more
Bajaj Allianz General Insurance SRM Manager Salary 3 - 4 years exp. (3 salaries)	₹2.9 L/yr - ₹4 L/yr 40% more

SRM Manager salary at Reliance Nippon Life Insurance ranges between ₹2.4 Lakhs to ₹2.6 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 7 latest salaries received from various employees of Reliance Nippon Life Insurance.

Experience wise Reliance Nippon Life Insurance SRM Manager salaries

Last Updated: 1 Dec 2024

Experience	Avg Annual Salary
1 year (3 salaries)	₹2.4 L/yr - ₹2.6 L/yr
2 years (3 salaries)	₹2.4 L/yr - ₹2.6 L/yr
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3 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr
4 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr
5 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr
6 years (AmbitionBox Estimate)	₹1 L/yr - ₹2.6 L/yr

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Similar Designation salaries in Reliance Nippon Life Insurance

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₹1.45 L/yr - ₹4.1 L/yr

Territory Manager Salary

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₹4 L/yr - ₹12 L/yr

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Branch Sales Manager Salary

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₹2.3 L/yr - ₹7 L/yr

Salary related reviews for Reliance Nippon Life Insurance

4.5

Rated by 6 employees for salary & benefits

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

Business Development Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 30 Aug 2017

2.0

for Salary and Benefits

Likes

Teammates and Immediate supervisor was excellent

Skill development - Good

Dislikes

You have to only work and there is no such compensation rather the higher management was horrible and worst, they only know how to fill there pockets not the base levels

Salary - Poor

+3 more

Branch Manager in Anantnag

Sales & Business Development Department

4.0

• posted on 23 Jun 2022

5.0

for Salary and Benefits

Likes

Good work culture and environment. Transparent management supportive team. Company policies are good, bonus every month.

Salary - Excellent

+5 more

Dislikes

There is not formal Traning only online tranings and Salary is very low and and its IPM branch.

Team Lead in Mirza

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 29 Jun 2022

2.0

for Salary and Benefits

Likes

Office Timing is very good.

Job security - Good

Dislikes

In Branch operations employee unnecessary salary cut is very bad culture. And need saturday off twice in a month. Career growth is very slow and no options in operations department.

Salary - Poor

+3 more

Branch Manager in Varanasi

BFSI, Investments & Trading Department

5.0

• posted on 27 May 2022

5.0

for Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive and the management is transport

Salary - Excellent

+6 more

Dislikes

There is a lot of policies and the management doesn't adress our issue. Salary is decent but career growth is slow.

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Reliance Nippon Life Insurance SRM Manager Salary FAQs

What is the salary of SRM Manager at Reliance Nippon Life Insurance?

SRM Manager salary at Reliance Nippon Life Insurance in India ranges between ₹2.4 Lakhs to ₹2.6 Lakhs for experience between 1 years to 6 years. According to our estimates it is 44% less than the average SRM Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Reliance Nippon Life Insurance India.

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

The average salary of a SRM Manager at Reliance Nippon Life Insurance is 44% less than the average salary of a SRM Manager in India. To know exact salary insights, login to view.

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

ICICI Lombard General Insurance Company SRM Manager Salary - ₹5.6 Lakhs to ₹6.3 Lakhs per year
Tata AIA Life Insurance SRM Manager Salary - ₹3.7 Lakhs to ₹6.0 Lakhs per year
PNB MetLife SRM Manager Salary - ₹3.0 Lakhs to ₹5.5 Lakhs per year
Axis Max Life Insurance SRM Manager Salary - ₹3.0 Lakhs to ₹6.0 Lakhs per year
ICICI Prudential Life Insurance SRM Manager Salary - ₹3.9 Lakhs to ₹5.0 Lakhs per year

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

Star Health & Allied Insurance SRM Manager Salary - ₹3.0 Lakhs to ₹4.5 Lakhs per year
Kotak Mahindara Life Insurance SRM Manager Salary - ₹3.6 Lakhs to ₹4.0 Lakhs per year
HDFC Life SRM Manager Salary - ₹3.5 Lakhs to ₹3.9 Lakhs per year
Bajaj Allianz General Insurance SRM Manager Salary - ₹2.9 Lakhs to ₹4.0 Lakhs per year
Bajaj Allianz Life Insurance SRM Manager Salary - ₹2.5 Lakhs to ₹3.5 Lakhs per year

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

The estimated take-home salary of a SRM Manager at Reliance Nippon Life Insurance ranges between ₹18,232 per month to ₹19,921 per month in India. The take-home salary calculation is based on the average Reliance Nippon Life Insurance SRM Manager salary in India which ranges between ₹2.4 Lakhs to ₹2.6 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 75% of the Reliance Nippon Life Insurance SRM Managers reported a notice period of 15 days or less, 13% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 16 responses on AmbitionBox in last 2 years.

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Reliance Nippon Life Insurance SRM Manager Salaries

Reliance Nippon Life Insurance SRM Manager salary in India ranges between ₹2.4 Lakhs to ₹2.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.

Reliance Nippon Life Insurance SRM Manager salaries in India

Companies similar to Reliance Nippon Life Insurance for SRM Manager

Latest annual salaries shared by Reliance Nippon Life Insurance SRM Manager

Experience wise Reliance Nippon Life Insurance SRM Manager salaries

Similar Designation salaries in Reliance Nippon Life Insurance

Salary related reviews for Reliance Nippon Life Insurance

Sales Manager in Goalpara

Business Development Manager in Kolkata

Branch Manager in Anantnag

Team Lead in Mirza

Branch Manager in Varanasi

Reliance Nippon Life Insurance SRM Manager Salary FAQs

Tell us how to improve this page.