Upload Button Icon Add office photos
filter salariesFilter salaries by

Reliance Nippon Life Insurance Territory Manager salaries in India (Updated 2025)

Annual salary range
5 - 17 years exp.
₹4 Lakhs - ₹12 Lakhs
Salary of majority employees
unlock blur
unlock blur

6% less than the average Territory Manager Salary in Insurance Companies for 5 - 17 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading
Territory Manager Salary
6 - 17 years exp. (55 salaries)
unlock-blur

₹4.3 L/yr - ₹12 L/yr

Sales & Business Development
Territory Manager Salary
5 - 17 years exp. (23 salaries)
unlock-blur

₹5 L/yr - ₹10 L/yr

Customer Success, Service & Operations
Territory Manager Salary
9 - 16 years exp. (3 salaries)
unlock-blur

₹4.1 L/yr - ₹6.5 L/yr

Last Updated: 21 Mar 2025

Companies similar to Reliance Nippon Life Insurance for Territory Manager

Company name Avg Annual Salary Open Jobs
unlock blur

₹2.6 L/yr - ₹8 L/yr

arrow icon 26% less
Logo
PNB MetLife Territory Manager Salary

4 - 17 years exp. (270 salaries)

unlock blur

₹4.3 L/yr - ₹10.3 L/yr

arrow icon 6% more
6 job openings
unlock blur

₹3.7 L/yr - ₹9.1 L/yr

arrow icon 9% less
2 job openings
Logo
HDFC Life Territory Manager Salary

9 - 20 years exp. (150 salaries)

unlock blur

₹11.3 L/yr - ₹21 L/yr

arrow icon 107% more
unlock blur

₹4 L/yr - ₹7 L/yr

arrow icon 24% less
Logo
unlock blur

₹5.2 L/yr - ₹10.5 L/yr

arrow icon 9% more
2 job openings
unlock blur

₹5.6 L/yr - ₹14 L/yr

arrow icon 28% more
unlock blur

₹7.2 L/yr - ₹17 L/yr

arrow icon 88% more
Logo
Axis Max Life Insurance Territory Manager Salary

10 - 18 years exp. (39 salaries)

unlock blur

₹7.5 L/yr - ₹19 L/yr

arrow icon 88% more
unlock blur

₹4 L/yr - ₹10 L/yr

arrow icon 2% less
unlock blur

₹6 L/yr - ₹9 L/yr

arrow icon 4% less
Logo
unlock blur

₹3 L/yr - ₹7.2 L/yr

arrow icon 37% less
unlock blur

₹4 L/yr - ₹11.5 L/yr

arrow icon 11% more
unlock blur

₹5.5 L/yr - ₹6.2 L/yr

arrow icon 18% less
Logo
MetLife Territory Manager Salary

7 - 14 years exp. (4 salaries)

unlock blur

₹6 L/yr - ₹8.7 L/yr

arrow icon 5% more
Logo
SBI General Insurance Territory Manager Salary

16 - 20 years exp. (4 salaries)

unlock blur

₹5.2 L/yr - ₹9.3 L/yr

arrow icon 12% 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

3d ago
avg blur mobile
8 years exp.
1mo ago
avg blur mobile
10 years exp.
1mo ago
avg blur mobile
8 years exp.
1mo ago
avg blur mobile
12 years exp.
2mo ago
avg blur mobile
16 years exp.
4mo ago
avg blur mobile
15 years exp.
6mo ago
avg blur mobile
9 years exp.
6mo ago
avg blur mobile
17 years exp.
6mo ago
avg blur mobile
10 years exp.
7mo ago
avg blur mobile
5 years exp.

Experience wise Reliance Nippon Life Insurance Territory Manager salaries

Last Updated: 21 Mar 2025

Experience Avg Annual Salary
5 years  (4 salaries)

unlock blur

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

unlock blur

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

unlock blur

₹5.4 L/yr - ₹7.2 L/yr
8 years  (6 salaries)

unlock blur

₹5 L/yr - ₹7.5 L/yr
9 years  (7 salaries)

unlock blur

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

From

To

Territory Manager

unlock blur

5 - 17 years exp.

Senior Territory Manager

unlock blur

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

unlock blur
₹6.5 L/yr - ₹7.27 L/yr
Deputy Manager Salary
(64 salaries)
unlock blur
₹3.7 L/yr - ₹12.42 L/yr
unlock blur
₹6.25 L/yr - ₹14 L/yr
Area Manager Salary
(82 salaries)
unlock blur
₹9 L/yr - ₹21.4 L/yr
Territory Business Manager Salary
(AmbitionBox Estimate)
unlock blur
₹5.4 L/yr - ₹6.9 L/yr
unlock blur
₹1.8 L/yr - ₹5 L/yr
Sales Manager Salary
(243 salaries)
unlock blur
₹1.5 L/yr - ₹5 L/yr
Territory Sales Incharge Salary
(AmbitionBox Estimate)
unlock blur
₹4.7 L/yr - ₹6 L/yr
unlock blur
₹2.25 L/yr - ₹5 L/yr
unlock blur
₹1.7 L/yr - ₹5 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

read more
  • 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

read more
  • Skill development - Bad
  • +2 more

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

read more
  • 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

read more

Dislikes

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

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

Discover interview dos and don'ts from real experiences

Reliance Nippon Life Insurance Territory Manager Salary FAQs

What is the salary of Territory Manager at Reliance Nippon Life Insurance ?
The average salary of a Territory Manager at Reliance Nippon Life Insurance in India typically ranges from ₹4.0 Lakhs to ₹12.0 Lakhs per year, depending on experience (from 5 years to 17 years).

The top 10% of Territory Manager at Reliance Nippon Life Insurance earn more than ₹10.0 Lakhs per year, and the top 1% earn over ₹12.0 Lakhs per year. Territory Manager Salaries at Reliance Nippon Life Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 100+ Reliance Nippon Life Insurance employees in India.
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 in India typically ranges from ₹53,115 to ₹54,436 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹12.0 Lakhs per year for employees with experience ranging from 5 years to 17 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 100+ salaries received from various employees of Reliance Nippon Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Reliance Nippon Life Insurance for Territory Manager in India?
HDFC Life ₹11.3 Lakhs to ₹21.0 Lakhs per year
Axis Max Life Insurance ₹7.5 Lakhs to ₹19.0 Lakhs per year
Star Health & Allied Insurance ₹7.2 Lakhs to ₹17.0 Lakhs per year
ICICI Lombard General Insurance Company ₹5.6 Lakhs to ₹14.0 Lakhs per year
Life Insurance Corporation of India ₹4.0 Lakhs to ₹11.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Reliance Nippon Life Insurance, depending on the role and experience level.
What is the salary of a Territory Manager in companies similar to Reliance Nippon Life Insurance in India?
The salary of a Territory Manager at companies similar to Reliance Nippon Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Tata AIA Life Insurance ₹5.2 Lakhs to ₹10.5 Lakhs per year
PNB MetLife ₹4.3 Lakhs to ₹10.3 Lakhs per year
MetLife ₹6.0 Lakhs to ₹8.7 Lakhs per year
HDFC Ergo General Insurance ₹4.0 Lakhs to ₹10.0 Lakhs per year
Aditya Birla Sun Life Insurance ₹6.0 Lakhs to ₹9.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Territory Manager at Reliance Nippon Life Insurance in India?
The salary growth for a Territory Manager at Reliance Nippon Life Insurance depends on factors such as experience, performance, and promotions. On average, a Territory Manager can expect the following growth trajectory at Reliance Nippon Life Insurance:

Experience Average Salary Range
5 years ₹4.5 Lakhs to ₹6.8 Lakhs per year
6 years ₹4.0 Lakhs to ₹8.1 Lakhs per year
7 years ₹5.4 Lakhs to ₹7.2 Lakhs per year
8 years ₹5.0 Lakhs to ₹7.5 Lakhs per year
and so on.

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.