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Reliance Nippon Life Insurance Territory Manager salaries in India

Annual salary range
5 - 17 years exp.
₹4 Lakhs - ₹12 Lakhs
Salary of majority employees
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5% less than the average Territory Manager Salary in Insurance Companies for 5 - 17 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Territory Manager Salary
6 - 17 years exp. (54 salaries)
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₹4.3 L/yr - ₹12 L/yr

Sales & Business Development
Territory Manager Salary
5 - 17 years exp. (23 salaries)
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₹5 L/yr - ₹12 L/yr

Customer Success, Service & Operations
Territory Manager Salary
9 - 16 years exp. (3 salaries)
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₹4.1 L/yr - ₹7.8 L/yr

Last Updated: 12 Feb 2025

Companies similar to Reliance Nippon Life Insurance for Territory Manager

Company name Avg Annual Salary Open Jobs
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₹5.5 L/yr - ₹6.2 L/yr

arrow icon 19% less
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HDFC Life Territory Manager Salary

8 - 20 years exp. (245 salaries)

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₹10 L/yr - ₹21 L/yr

arrow icon 93% more
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₹4 L/yr - ₹7 L/yr

arrow icon 25% less
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Max Life Insurance Territory Manager Salary

10 - 18 years exp. (39 salaries)

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₹7.5 L/yr - ₹19 L/yr

arrow icon 93% more
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₹3.7 L/yr - ₹9 L/yr

arrow icon 10% less
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₹5.2 L/yr - ₹10.5 L/yr

arrow icon 12% more
4 job openings
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₹4 L/yr - ₹11.5 L/yr

arrow icon 11% more
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PNB MetLife Territory Manager Salary

3 - 17 years exp. (268 salaries)

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₹4.5 L/yr - ₹10.3 L/yr

arrow icon 4% more
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₹4 L/yr - ₹9 L/yr

arrow icon 6% less
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₹2.4 L/yr - ₹7 L/yr

arrow icon 28% less
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₹5.6 L/yr - ₹14 L/yr

arrow icon 27% more
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₹7.2 L/yr - ₹17 L/yr

arrow icon 87% more
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₹4 L/yr - ₹10 L/yr

arrow icon 2% less
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₹3 L/yr - ₹7.2 L/yr

arrow icon 37% less
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MetLife Territory Manager Salary

7 - 14 years exp. (4 salaries)

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₹6 L/yr - ₹8.7 L/yr

arrow icon 4% more
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SBI General Insurance Territory Manager Salary

16 - 19 years exp. (3 salaries)

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₹5.2 L/yr - ₹9.3 L/yr

arrow icon 8% less
Territory Manager salary at Reliance Nippon Life Insurance ranges between ₹4 Lakhs to ₹12 Lakhs per year for employees with experience between 5 years to 17 years. Salary estimates are based on 100 latest salaries received from various employees of Reliance Nippon Life Insurance.

Latest annual salaries shared by Reliance Nippon Life Insurance Territory Manager

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Experience wise Reliance Nippon Life Insurance Territory Manager salaries

Last Updated: 12 Feb 2025

Experience Avg Annual Salary
5 years  (4 salaries)

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₹4.5 L/yr - ₹6.8 L/yr
6 years  (12 salaries)

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₹4 L/yr - ₹8.1 L/yr
7 years  (4 salaries)

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₹5.4 L/yr - ₹7.2 L/yr
8 years  (5 salaries)

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₹5 L/yr - ₹11.9 L/yr
9 years  (7 salaries)

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₹4.1 L/yr - ₹9.5 L/yr
View all
Reliance Nippon Life Insurance Territory Manager Salary and Career Growth

From

To

Territory Manager

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5 - 17 years exp.

Senior Territory Manager

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9 - 22 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Reliance Nippon Life Insurance

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₹6.5 L/yr - ₹7.27 L/yr
Deputy Manager Salary
(64 salaries)
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₹3.7 L/yr - ₹12.42 L/yr
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₹6.25 L/yr - ₹14 L/yr
Area Manager Salary
(72 salaries)
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₹9.5 L/yr - ₹21.4 L/yr
Territory Business Manager Salary
(AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr
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₹1.8 L/yr - ₹5 L/yr
Sales Manager Salary
(241 salaries)
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₹1.5 L/yr - ₹6 L/yr
Territory Sales Incharge Salary
(AmbitionBox Estimate)
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₹4.7 L/yr - ₹6 L/yr
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₹2.25 L/yr - ₹5 L/yr
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₹1.7 L/yr - ₹5.1 L/yr

Salary related reviews for Reliance Nippon Life Insurance

3.7

Rated by 51 employees for salary & benefits

BFSI, Investments & Trading Department

5.0
  •  posted on 18 Mar 2019

4.0
 for  Salary and Benefits

Likes

Career ar Reliance life insurance is amazing. Company identifies truly potential people and give career growth without any time limit. My career is example. In 2 years i have grown from customer care executive to Territory branch manager which is still like a dream that would never happen..

read more
  • Salary - Good
  • +4 more

Dislikes

Career growth is decent but compensation is slow. Managers do not value an individual's unique strengths which is why I have to take back my suggestion most of the times.

read more

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

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  • Salary - Poor
  • +6 more

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

read more
  • 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

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  • Skill development - Bad
  • +2 more

Full Time

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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

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  • Salary - Excellent
  • +5 more

Dislikes

The Branch Manager of Goalpara Branch is neither a good leader nor a good human being

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

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Dislikes

...salay cuts at many levels however the earning incentive having lots of clou ses. And monthly compensation change every week

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  • Salary - Bad
  • +5 more
see more salary related reviews

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Reliance Nippon Life Insurance Territory Manager Salary FAQs

What is the salary of Territory Manager at Reliance Nippon Life Insurance?
Territory Manager salary at Reliance Nippon Life Insurance in India ranges between ₹4.0 Lakhs to ₹12.0 Lakhs for experience between 5 years to 17 years. According to our estimates it is 5% less than the average Territory Manager Salary in India. Salary estimates are based on 100 latest salaries received from various employees of Reliance Nippon Life Insurance India.
How does the salary of a Territory Manager at Reliance Nippon Life Insurance India compare with the average salary range for this job?
The average salary of a Territory Manager at Reliance Nippon Life Insurance is 5% less than the average salary of a Territory Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than Reliance Nippon Life Insurance to a Territory Manager in India?
  • HDFC Life Territory Manager Salary - ₹10.0 Lakhs to ₹21.0 Lakhs per year
  • Max Life Insurance Territory Manager Salary - ₹7.5 Lakhs to ₹19.0 Lakhs per year
  • Star Health & Allied Insurance Territory Manager Salary - ₹7.2 Lakhs to ₹17.0 Lakhs per year
  • ICICI Lombard General Insurance Company Territory Manager Salary - ₹5.6 Lakhs to ₹14.0 Lakhs per year
  • Tata AIA Life Insurance Territory Manager Salary - ₹5.2 Lakhs to ₹10.5 Lakhs per year
What is the salary of a Territory Manager in companies similar to Reliance Nippon Life Insurance in India?
  • Life Insurance Corporation of India Territory Manager Salary - ₹4.0 Lakhs to ₹11.5 Lakhs per year
  • MetLife Territory Manager Salary - ₹6.0 Lakhs to ₹8.7 Lakhs per year
  • PNB MetLife Territory Manager Salary - ₹4.5 Lakhs to ₹10.3 Lakhs per year
  • HDFC Ergo General Insurance Territory Manager Salary - ₹4.0 Lakhs to ₹10.0 Lakhs per year
  • Aditya Birla Sun Life Insurance Territory Manager Salary - ₹4.0 Lakhs to ₹9.0 Lakhs per year
What is the estimated take home salary of a Territory Manager at Reliance Nippon Life Insurance in India?
The estimated take-home salary of a Territory Manager at Reliance Nippon Life Insurance ranges between ₹53,358 per month to ₹54,687 per month in India. The take-home salary calculation is based on the average Reliance Nippon Life Insurance Territory Manager salary in India which ranges between ₹4.0 Lakhs to ₹12.0 Lakhs per year for employees with experience between 5 years to 17 years. Check how did we calculate take home salary?
What is the notice period for Territory Manager at Reliance Nippon Life Insurance?
According to AmbitionBox, 41% of the Reliance Nippon Life Insurance Territory Managers reported a notice period of 1 Month, 30% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 59 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Reliance Nippon Life Insurance Territory Manager salary in India ranges between ₹4 Lakhs to ₹12 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 100 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.