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Reliance Nippon Life Insurance

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3.6

based on 2.8k Reviews

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Reliance Nippon Life Insurance Territory Manager salaries in Bhubaneswar

Annual salary range
5 - 15 years exp.
₹5.1 Lakhs - ₹12 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
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Monthly In-hand Salary

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18% more than the average Territory Manager Salary in Insurance Companies for 5 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Territory Manager Salary
15 years exp. (AmbitionBox Estimate)
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₹9.1 L/yr - ₹12 L/yr

Sales & Business Development
Territory Manager Salary
5 years exp. (AmbitionBox Estimate)
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₹5.1 L/yr - ₹10.1 L/yr

Last Updated: 5 Nov 2024

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

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Reliance Nippon Life Insurance Territory Manager Salary

5 - 15 years exp. (3 salaries)
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₹5.1 L/yr - ₹12 L/yr

vs
Company name Avg Annual Salary Open Jobs
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SBI Life Insurance Company Territory Manager Salary

5 - 14 years exp. (5 salaries)
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₹4.8 L/yr - ₹5.5 L/yr

arrow icon 43% less
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Motilal Oswal Financial Services Territory Manager Salary

0 - 10 years exp. (12 salaries)
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₹3 L/yr - ₹6 L/yr

arrow icon 53% less
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Dabur Territory Manager Salary

10 - 17 years exp. (10 salaries)
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₹9.5 L/yr - ₹14.9 L/yr

arrow icon 38% more
 6 job openings
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Hero MotoCorp Territory Manager Salary

1 - 6 years exp. (10 salaries)
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₹7.6 L/yr - ₹12.4 L/yr

arrow icon 15% more
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Star Union Dai-ichi Life Insurance Territory Manager Salary

6 - 15 years exp. (9 salaries)
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₹5.3 L/yr - ₹8 L/yr

arrow icon 37% less
Territory Manager salary at Reliance Nippon Life Insurance ranges between ₹5.1 Lakhs to ₹12 Lakhs per year for employees with experience between 5 years to 15 years. Salary estimates are based on 3 latest salaries received from various employees of Reliance Nippon Life Insurance.

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

5mo ago
₹12 Lakhs
15 years exp.

Experience wise Reliance Nippon Life Insurance Territory Manager salaries in Bhubaneswar

Last Updated: 5 Nov 2024

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹7.8 L/yr - ₹9.9 L/yr
6 years (AmbitionBox Estimate)

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₹7.9 L/yr - ₹10.1 L/yr
7 years (AmbitionBox Estimate)

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₹8 L/yr - ₹10.3 L/yr
8 years (AmbitionBox Estimate)

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₹8.2 L/yr - ₹10.4 L/yr
9 years (AmbitionBox Estimate)

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₹8.3 L/yr - ₹10.6 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

Relationship Manager Salary
(7 salaries)
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₹2.2 L/yr - ₹3.2 L/yr

Salary related reviews for Reliance Nippon Life Insurance

4.0

Rated by 1 employees for salary & benefits

Territory Manager in Anantapur

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

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

read more
  • Salary - Poor
    • +6 more

Senior Territory Manager in Vadodara

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

Sales Manager in Goalpara

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

Senior Territory Manager in Pune

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

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Salary Discussions, Hike & Promotions
1w (edited)
an inside sales executive
Unexpected job policies: stay or switch?
I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?
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Reliance Nippon Life Insurance Territory Manager Salary FAQs

How the salary growth look like for a Territory Manager at Reliance Nippon Life Insurance in Bhubaneswar?
The salary growth for a Territory Manager at Reliance Nippon Life Insurance in Bhubaneswar depends on factors such as experience, performance, and promotions. On average, a Territory Manager in Bhubaneswar can expect the following growth trajectory at Reliance Nippon Life Insurance:

Experience Average Salary Range
5 years ₹7.8 Lakhs to ₹9.9 Lakhs per year
6 years ₹7.9 Lakhs to ₹10.1 Lakhs per year
7 years ₹8.0 Lakhs to ₹10.3 Lakhs per year
8 years ₹8.2 Lakhs to ₹10.4 Lakhs per year
and so on.

Tell us how to improve this page.

Reliance Nippon Life Insurance Territory Manager salary in Bhubaneswar ranges between ₹5.1 Lakhs to ₹12 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.