Reliance Nippon Life Insurance Territory Sales Manager Salaries by 2 Employees (Updated 2025)

15 - 16 years exp.

₹6.5 Lakhs - ₹8.3 Lakhs

Low Confidence

Salary of majority employees

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Last Updated: 14 Dec 2023

Companies similar to Reliance Nippon Life Insurance for Territory Sales Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Territory Sales Manager Salary 3 - 10 years exp. (4 salaries)	₹5 L/yr - ₹10.9 L/yr 15% less
HDFC Life Territory Sales Manager Salary 2 - 14 years exp. (18 salaries)	₹3.2 L/yr - ₹14.7 L/yr 11% more
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SBI Life Insurance Company Territory Sales Manager Salary 5 - 16 years exp. (11 salaries)	₹4.9 L/yr - ₹6 L/yr 27% less
Bajaj Allianz Life Insurance Territory Sales Manager Salary 9 - 15 years exp. (6 salaries)	₹4.9 L/yr - ₹9 L/yr 8% less
Kotak Mahindara Life Insurance Territory Sales Manager Salary 6 - 20 years exp. (4 salaries)	₹4.8 L/yr - ₹18 L/yr 12% more
Tata AIA Life Insurance Territory Sales Manager Salary 5 - 12 years exp. (232 salaries)	₹3.8 L/yr - ₹11 L/yr 5% more	32 job openings
PNB MetLife Territory Sales Manager Salary 4 - 12 years exp. (202 salaries)	₹3.7 L/yr - ₹7.5 L/yr 26% less
Aditya Birla Sun Life Insurance Territory Sales Manager Salary 5 - 7 years exp. (4 salaries)	₹7 L/yr - ₹10 L/yr 8% more
SBI General Insurance Territory Sales Manager Salary 6 - 15 years exp. (51 salaries)	₹4 L/yr - ₹10.8 L/yr 2% more
ICICI Lombard General Insurance Company Territory Sales Manager Salary 0 - 14 years exp. (26 salaries)	₹5.3 L/yr - ₹13 L/yr 16% more
HDFC Ergo General Insurance Territory Sales Manager Salary 1 - 16 years exp. (22 salaries)	₹4 L/yr - ₹7.2 L/yr 27% less
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Care Health Insurance Territory Sales Manager Salary 3 - 14 years exp. (11 salaries)	₹4.4 L/yr - ₹5.7 L/yr 34% less
Aditya Birla Health Insurance Co Territory Sales Manager Salary 9 - 13 years exp. (5 salaries)	₹9.3 L/yr - ₹12.5 L/yr 55% more
Star Health & Allied Insurance Territory Sales Manager Salary 7 - 17 years exp. (3 salaries)	₹9 L/yr - ₹13.8 L/yr 85% more

Territory Sales Manager salary at Reliance Nippon Life Insurance ranges between ₹6.5 Lakhs to ₹8.3 Lakhs per year for employees with experience between 15 years to 16 years. Salary estimates are based on 2 latest salaries received from various employees of Reliance Nippon Life Insurance.

Similar Designation salaries in Reliance Nippon Life Insurance

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Salary related reviews for Reliance Nippon Life Insurance

3.7

Rated by 5 employees for salary & benefits

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

Business Development Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 30 Aug 2017

2.0

for Salary and Benefits

Likes

Teammates and Immediate supervisor was excellent

Skill development - Good

Dislikes

You have to only work and there is no such compensation rather the higher management was horrible and worst, they only know how to fill there pockets not the base levels

Salary - Poor

+3 more

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Reliance Nippon Life Insurance Territory Sales Manager Salary FAQs

What is the notice period for Territory Sales Manager at Reliance Nippon Life Insurance?

According to AmbitionBox, 40% of the Reliance Nippon Life Insurance Territory Sales Managers reported a notice period of 15 days or less, 40% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 5 responses on AmbitionBox in last 2 years.

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Reliance Nippon Life Insurance Territory Sales Manager Salaries

Reliance Nippon Life Insurance Territory Sales Manager salary in India ranges between ₹6.5 Lakhs to ₹8.3 Lakhs. This is an estimate based on latest salaries received from employees of Reliance Nippon Life Insurance.

Reliance Nippon Life Insurance Territory Sales Manager salaries in India

Companies similar to Reliance Nippon Life Insurance for Territory Sales Manager

Similar Designation salaries in Reliance Nippon Life Insurance

Salary related reviews for Reliance Nippon Life Insurance

Senior Territory Manager in Lucknow

Senior Territory Manager in Vadodara

Sales Manager in Goalpara

Senior Territory Manager in Pune

Business Development Manager in Kolkata

Reliance Nippon Life Insurance Territory Sales Manager Salary FAQs

Tell us how to improve this page.