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Reliance Nippon Life Insurance Territory Manager salaries in Ahmedabad

Annual salary range
8 - 12 years exp.
₹5 Lakhs - ₹10.5 Lakhs
Salary of majority employees
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17% less than the average Territory Manager Salary in Insurance Companies for 8 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Territory Manager Salary
9 - 12 years exp. (3 salaries)
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₹7 L/yr - ₹10.5 L/yr

Sales & Business Development
Territory Manager Salary
8 years exp. (AmbitionBox Estimate)
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₹5 L/yr - ₹7.3 L/yr

Last Updated: 7 Dec 2024

Companies similar to Reliance Nippon Life Insurance for Territory Manager in Ahmedabad

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Reliance Nippon Life Insurance Territory Manager Salary

8 - 12 years exp. (4 salaries)

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₹5 L/yr - ₹10.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Life Territory Manager Salary

12 - 18 years exp. (4 salaries)

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₹10.5 L/yr - ₹16.3 L/yr

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₹5.1 L/yr - ₹6.8 L/yr

arrow icon 11% less
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₹9.5 L/yr - ₹15 L/yr

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IDFC FIRST Bank Territory Manager Salary

1 - 8 years exp. (24 salaries)

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₹4 L/yr - ₹9 L/yr

arrow icon 14% more
2 job openings
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Hafele Territory Manager Salary

1 - 9 years exp. (16 salaries)

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₹8 L/yr - ₹11.4 L/yr

arrow icon 35% more
Territory Manager salary at Reliance Nippon Life Insurance ranges between ₹5 Lakhs to ₹10.5 Lakhs per year for employees with experience between 8 years to 12 years. Salary estimates are based on 4 latest salaries received from various employees of Reliance Nippon Life Insurance.

Latest annual salaries shared by Reliance Nippon Life Insurance Territory Manager in Ahmedabad

1mo ago
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12 years exp.
11mo ago
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9 years exp.
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12 years exp.
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8 years exp.

Experience wise Reliance Nippon Life Insurance Territory Manager salaries in Ahmedabad

Last Updated: 7 Dec 2024

Experience Avg Annual Salary
8 years (AmbitionBox Estimate)

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₹5 L/yr - ₹12 L/yr
9 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹7 L/yr
10 years (AmbitionBox Estimate)

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₹6.3 L/yr - ₹8.1 L/yr
11 years (AmbitionBox Estimate)

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₹6.5 L/yr - ₹8.3 L/yr
12 years (AmbitionBox Estimate)

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₹2.9 L/yr - ₹10.5 L/yr

Similar Designation salaries in Reliance Nippon Life Insurance

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₹4.7 L/yr - ₹6.3 L/yr

Salary related reviews for Reliance Nippon Life Insurance

5.0

Rated by 1 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

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  • 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

 · 

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
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Reliance Nippon Life Insurance Territory Manager Salary FAQs

What is the salary of Territory Manager at Reliance Nippon Life Insurance Ahmedabad?
Territory Manager salary at Reliance Nippon Life Insurance in Ahmedabad ranges between ₹5.0 Lakhs to ₹10.5 Lakhs for experience between 8 years to 12 years. According to our estimates it is 17% less than the average Territory Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Reliance Nippon Life Insurance Ahmedabad.
How does the salary of a Territory Manager at Reliance Nippon Life Insurance Ahmedabad compare with the average salary range for this job?
The average salary of a Territory Manager at Reliance Nippon Life Insurance is 17% less than the average salary of a Territory Manager in Ahmedabad. To know exact salary insights, login to view.
Which similar companies are paying more than Reliance Nippon Life Insurance to a Territory Manager in Ahmedabad?
  • HDFC Life Territory Manager Salary - ₹10.5 Lakhs to ₹16.3 Lakhs per year
  • Star Health & Allied Insurance Territory Manager Salary - ₹9.5 Lakhs to ₹15.0 Lakhs per year
  • Hafele Territory Manager Salary - ₹8.0 Lakhs to ₹11.4 Lakhs per year
  • IDFC FIRST Bank Territory Manager Salary - ₹4.0 Lakhs to ₹9.0 Lakhs per year
What is the salary of a Territory Manager in companies similar to Reliance Nippon Life Insurance in Ahmedabad?
  • Bajaj Allianz Life Insurance Territory Manager Salary - ₹5.1 Lakhs to ₹6.8 Lakhs per year
What is the estimated take home salary of a Territory Manager at Reliance Nippon Life Insurance in Ahmedabad?
The estimated take-home salary of a Territory Manager at Reliance Nippon Life Insurance ranges between ₹53,643 per month to ₹54,981 per month in Ahmedabad. The take-home salary calculation is based on the average Reliance Nippon Life Insurance Territory Manager salary in India which ranges between ₹5.0 Lakhs to ₹10.5 Lakhs per year for employees with experience between 8 years to 12 years. Check how did we calculate take home salary?
What is the notice period for Territory Manager at Reliance Nippon Life Insurance in Ahmedabad?
According to AmbitionBox, 67% of the Reliance Nippon Life Insurance Territory Managers in Ahmedabad reported a notice period of 3 Months, 33% reported a notice period of 15 days or less.This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Reliance Nippon Life Insurance Territory Manager salary in Ahmedabad ranges between ₹5 Lakhs to ₹10.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.