Reliance Nippon Life Insurance Pune Territory Manager Salaries by 3 Employees (Updated 2025)

6 - 14 years exp.

₹5 Lakhs - ₹10 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

12% less than the average Territory Manager Salary in Insurance Companies for 6 - 14 years of experience

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Last Updated: 9 Feb 2025

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

Reliance Nippon Life Insurance Territory Manager Salary

6 - 14 years exp. (3 salaries)

₹5 L/yr - ₹10 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Territory Manager Salary 10 - 18 years exp. (12 salaries)	₹10.3 L/yr - ₹16 L/yr 95% more
Axis Max Life Insurance Territory Manager Salary 12 - 17 years exp. (9 salaries)	₹12.6 L/yr - ₹17.8 L/yr 99% more
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Bajaj Allianz General Insurance Territory Manager Salary 2 - 11 years exp. (9 salaries)	₹3.9 L/yr - ₹6.7 L/yr 25% less
Bajaj Allianz Life Insurance Territory Manager Salary 7 - 17 years exp. (6 salaries)	₹6 L/yr - ₹7.5 L/yr 6% less	3 job openings
Tata AIA Life Insurance Territory Manager Salary 5 - 10 years exp. (4 salaries)	₹7 L/yr - ₹8.5 L/yr 15% more

Territory Manager salary at Reliance Nippon Life Insurance ranges between ₹5 Lakhs to ₹10 Lakhs per year for employees with experience between 6 years to 14 years. Salary estimates are based on 3 latest salaries received from various employees of Reliance Nippon Life Insurance.

Experience wise Reliance Nippon Life Insurance Territory Manager salaries in Pune

Last Updated: 9 Feb 2025

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr
7 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
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8 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr
9 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.7 L/yr
10 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr
11 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8.1 L/yr
12 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.2 L/yr
13 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.4 L/yr
14 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.6 L/yr

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From

Territory Manager

5 - 17 years exp.

Senior Territory Manager

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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Senior Sales Manager Salary

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Senior Territory Manager Salary

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Area Manager Salary

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Salary related reviews for Reliance Nippon Life Insurance

4.0

Rated by 2 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..

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.

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

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

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

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

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

Dislikes

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

Salary - Bad

+5 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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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 Pune?

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

Experience	Average Salary Range
6 years	₹5.6 Lakhs to ₹7.2 Lakhs per year
7 years	₹5.8 Lakhs to ₹7.4 Lakhs per year
8 years	₹5.9 Lakhs to ₹7.5 Lakhs per year
9 years	₹6.0 Lakhs to ₹7.7 Lakhs per year

and so on.

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Reliance Nippon Life Insurance Territory Manager Salaries in Pune

Reliance Nippon Life Insurance Territory Manager salary in Pune ranges between ₹5 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.

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

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

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

Experience wise Reliance Nippon Life Insurance Territory Manager salaries in Pune

Similar Designation salaries in Reliance Nippon Life Insurance

Salary related reviews for Reliance Nippon Life Insurance

Territory Manager in Anantapur

Senior Territory Manager in Lucknow

Senior Territory Manager in Vadodara

Sales Manager in Goalpara

Senior Territory Manager in Pune

Reliance Nippon Life Insurance Territory Manager Salary FAQs

Tell us how to improve this page.