Reliance Nippon Life Insurance Team Manager Salaries by 5 Employees (Updated 2024)

4 - 13 years exp.

₹3.5 Lakhs - ₹6.9 Lakhs

Low Confidence

Salary of majority employees

73% less than the average Team Manager Salary in Insurance Companies for 4 - 13 years of experience

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Last Updated: 16 Jun 2024

Companies similar to Reliance Nippon Life Insurance for Team Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Team Manager Salary 0 - 10 years exp. (17 salaries)	₹3.8 L/yr - ₹10.5 L/yr 72% more
HDFC Life Team Manager Salary 2 - 10 years exp. (30 salaries)	₹4.8 L/yr - ₹7.6 L/yr 59% more
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SBI Life Insurance Company Team Manager Salary 3 - 12 years exp. (8 salaries)	₹7.5 L/yr - ₹17.4 L/yr 140% more
Max Life Insurance Team Manager Salary 4 - 13 years exp. (16 salaries)	₹5.8 L/yr - ₹20.3 L/yr 173% more
Bajaj Allianz Life Insurance Team Manager Salary 0 - 12 years exp. (18 salaries)	₹3.9 L/yr - ₹14.7 L/yr 86% more
Kotak Mahindara Life Insurance Team Manager Salary 0 - 9 years exp. (17 salaries)	₹1.2 L/yr - ₹8.7 L/yr 19% more
Tata AIA Life Insurance Team Manager Salary 4 - 14 years exp. (13 salaries)	₹4 L/yr - ₹16 L/yr 107% more
PNB MetLife Team Manager Salary 2 - 11 years exp. (10 salaries)	₹4.1 L/yr - ₹17.3 L/yr 124% more
Aditya Birla Sun Life Insurance Team Manager Salary 3 - 12 years exp. (7 salaries)	₹5.5 L/yr - ₹12.3 L/yr 78% more
Gallagher Team Manager Salary 7 - 14 years exp. (206 salaries)	₹4.3 L/yr - ₹15 L/yr 90% more	2 job openings
Care Health Insurance Team Manager Salary 4 - 10 years exp. (43 salaries)	₹3.4 L/yr - ₹6 L/yr 14% more
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ICICI Lombard General Insurance Company Team Manager Salary 2 - 15 years exp. (27 salaries)	₹4.1 L/yr - ₹15.3 L/yr 113% more
HDFC Ergo General Insurance Team Manager Salary 3 - 10 years exp. (17 salaries)	₹5.8 L/yr - ₹14.9 L/yr 120% more
Star Health & Allied Insurance Team Manager Salary 1 - 8 years exp. (16 salaries)	₹3 L/yr - ₹7.8 L/yr 2% less
MetLife Team Manager Salary 5 - 14 years exp. (11 salaries)	₹6 L/yr - ₹25.3 L/yr 228% more
SBI General Insurance Team Manager Salary 0 - 17 years exp. (10 salaries)	₹4.2 L/yr - ₹15 L/yr 90% more
Marsh Team Manager Salary 4 - 15 years exp. (8 salaries)	₹7.8 L/yr - ₹24.8 L/yr 296% more
AIG Team Manager Salary 5 - 13 years exp. (5 salaries)	₹11.5 L/yr - ₹30 L/yr 310% more
AON Global Insurance Brokers Team Manager Salary 4 - 17 years exp. (4 salaries)	₹5.4 L/yr - ₹13 L/yr 124% more
Aditya Birla Health Insurance Co Team Manager Salary 4 - 6 years exp. (4 salaries)	₹4.8 L/yr - ₹9.2 L/yr 42% more

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Team Manager salary at Reliance Nippon Life Insurance ranges between ₹3.5 Lakhs to ₹6.9 Lakhs per year for employees with experience between 4 years to 13 years. Salary estimates are based on 5 latest salaries received from various employees of Reliance Nippon Life Insurance.

Experience wise Reliance Nippon Life Insurance Team Manager salaries

Last Updated: 16 Jun 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹7.1 L/yr
5 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
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6 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
7 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹7.7 L/yr
8 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
9 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
10 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹6.9 L/yr
11 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.4 L/yr
12 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.6 L/yr
13 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹8.9 L/yr

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Similar Designation salaries in Reliance Nippon Life Insurance

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Deputy Manager Salary

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Team Lead Salary

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Operations Manager Salary

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Technical Lead Salary

(AmbitionBox Estimate)

₹6.6 L/yr - ₹8.4 L/yr

Supervisor Salary

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Senior Analyst Salary

(AmbitionBox Estimate)

₹7 L/yr - ₹9 L/yr

Senior Associate Salary

(4 salaries)

₹2.2 L/yr - ₹2.8 L/yr

Team Lead And Incharge Salary

(AmbitionBox Estimate)

₹3 L/yr - ₹3.8 L/yr

Management Trainee Salary

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₹1.5 L/yr - ₹3 L/yr

Salary related reviews for Reliance Nippon Life Insurance

4.9

Rated by 2 employees for salary & benefits

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.

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.

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.

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

Dislikes

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

Branch Manager in Chennai

Sales & Business Development Department

5.0

• posted on 17 Feb 2020

5.0

for Salary and Benefits

Likes

Excellent

Dislikes

Compensation is decent, but growth is slow. The work pressure is very high. Sometimes, I have to work 14-18 hours straight in a day as I have to attend client calls in the evening and sometimes late into the night. Managers do not value an individuals’ unique strengths, which is why I have to take back my suggestions most of the times. I do receive appreciation emails from my client, but they mostly go unnoticed during my mid-year appraisals. Also, there is no on-job training for freshers, hence senior folks like me have to guide them step-by-step, which is a pain sometimes.

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 .

see more salary related reviews

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a technical project manager

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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 Team Manager Salary FAQs

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

Team Manager salary at Reliance Nippon Life Insurance in India ranges between ₹3.5 Lakhs to ₹6.9 Lakhs for experience between 4 years to 13 years. According to our estimates it is 73% less than the average Team Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Reliance Nippon Life Insurance India.

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

The average salary of a Team Manager at Reliance Nippon Life Insurance is 73% less than the average salary of a Team Manager in India. To know exact salary insights, login to view.

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

AXA Team Manager Salary - ₹20.0 Lakhs to ₹30.0 Lakhs per year
Principal Global Services Team Manager Salary - ₹11.0 Lakhs to ₹45.0 Lakhs per year
Allianz Team Manager Salary - ₹5.8 Lakhs to ₹29.6 Lakhs per year
AIG Team Manager Salary - ₹11.5 Lakhs to ₹30.0 Lakhs per year
Marsh Team Manager Salary - ₹7.8 Lakhs to ₹24.8 Lakhs per year

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

MetLife Team Manager Salary - ₹6.0 Lakhs to ₹25.3 Lakhs per year
Max Life Insurance Team Manager Salary - ₹5.8 Lakhs to ₹20.3 Lakhs per year
SBI Life Insurance Company Team Manager Salary - ₹7.5 Lakhs to ₹17.4 Lakhs per year
PNB MetLife Team Manager Salary - ₹4.1 Lakhs to ₹17.3 Lakhs per year
AON Global Insurance Brokers Team Manager Salary - ₹5.4 Lakhs to ₹13.0 Lakhs per year

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

The estimated take-home salary of a Team Manager at Reliance Nippon Life Insurance ranges between ₹32,720 per month to ₹33,994 per month in India. The take-home salary calculation is based on the average Reliance Nippon Life Insurance Team Manager salary in India which ranges between ₹3.5 Lakhs to ₹6.9 Lakhs per year for employees with experience between 4 years to 13 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 75% of the Reliance Nippon Life Insurance Team Managers reported a notice period of 15 days or less, 25% reported a notice period of More than 3 months.This is based on 4 responses on AmbitionBox in last 2 years.

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Reliance Nippon Life Insurance Team Manager Salaries

Reliance Nippon Life Insurance Team Manager salary in India ranges between ₹3.5 Lakhs to ₹6.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.