Reliance Nippon Life Insurance Mumbai Strategy Manager Salaries by 2 Employees (Updated 2025)

6 - 10 years exp.

₹18 Lakhs - ₹23 Lakhs

Low Confidence

Salary of majority employees

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Last Updated: 9 Nov 2024

Companies similar to Reliance Nippon Life Insurance for Strategy Manager in Mumbai

Reliance Nippon Life Insurance Strategy Manager Salary

6 - 10 years exp. (AmbitionBox Estimate)

₹18 L/yr - ₹23 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Strategy Manager Salary 2 - 6 years exp. (13 salaries)	₹6.8 L/yr - ₹13 L/yr 47% less
HDFC Life Strategy Manager Salary 4 - 8 years exp. (3 salaries)	₹12 L/yr - ₹25 L/yr 8% less
Login to view exact salary
Tata AIA Life Insurance Strategy Manager Salary 3 - 10 years exp. (3 salaries)	₹18 L/yr - ₹21.5 L/yr 4% less
Reliance General Insurance Strategy Manager Salary 0 - 12 years exp. (22 salaries)	₹4.8 L/yr - ₹10.9 L/yr 65% less
Mahindra & Mahindra Strategy Manager Salary 0 - 9 years exp. (18 salaries)	₹21.5 L/yr - ₹38 L/yr 37% more

Strategy Manager salary at Reliance Nippon Life Insurance ranges between ₹18 Lakhs to ₹23 Lakhs per year for employees with experience between 6 years to 10 years. Salary estimates are based on 2 latest salaries received from various employees of Reliance Nippon Life Insurance.

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Salary related reviews for Reliance Nippon Life Insurance

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

Agency Development Manager in Kolkata

Full Time

Sales & Business Development Department

1.0

• posted on 07 Nov 2024

1.0

for Salary and Benefits

Likes

Too much ghatia i mean wrost experience ever..

Dislikes

...e to get policy on my name nd told if i didn't get the policy i cant get my job. Totally fraud company they did gave me any salary i work 2 month straight .

Assistant Branch Manager in Kolkata

Full Time

Sales & Business Development Department

1.0

• posted on 23 Dec 2024

1.0

for Salary and Benefits

Dislikes

No specifications and job clarity for the role of ABM and salary deduction as per company's discrition which do not bring any corporate feelings to employees it seems they are working in a grocery shop not in corporate

Key Relationship Manager in Jammu

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 29 Jul 2023

3.0

for Salary and Benefits

Likes

The work life balance here in reliance is excellent. No unnecessary pressure is put up on you. Proper training and induction is conducted when you join the company. The incentive structure is very nice compared toother organizations.

Dislikes

There is no appraisal criteria here. Only way to increase your salary is tthrough promotions and which sometime is difficult to achieve .

Executive Territory Manager in Almora

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 02 Mar 2024

2.0

for Salary and Benefits

Likes

...s that he will not get 100% contest. 3-4 will be missed because of ifs and buts. Salary deduction and demotions for sales force. It demotivating for many managers as well as branch head. HR support is very very pathatic, high deduction in f&f if you serve less notice period. Company always wants that vintage employee should left the company because they are highly paid

Dislikes

Many dislikes which I mention in like section

see more salary related reviews

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Reliance Nippon Life Insurance Strategy Manager Salary FAQs

What is the notice period for Strategy Manager at Reliance Nippon Life Insurance in Mumbai?

According to AmbitionBox, 100% of the Reliance Nippon Life Insurance Strategy Managers in Mumbai reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Reliance Nippon Life Insurance Strategy Manager Salaries in Mumbai

Reliance Nippon Life Insurance Strategy Manager salary in Mumbai ranges between ₹18 Lakhs to ₹23 Lakhs. This is an estimate based on latest salaries received from employees of Reliance Nippon Life Insurance.