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

Annual salary range
12 - 16 years exp.
₹6.5 Lakhs - ₹7.3 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.
Salary of majority employees
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6% less than the average Territory Sales Manager Salary in Insurance Companies for 12 - 16 years of experience

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Last Updated: 15 Feb 2025

Companies similar to Reliance Nippon Life Insurance for Territory Sales Manager

Company name Avg Annual Salary Open Jobs
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₹5 L/yr - ₹10.9 L/yr

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HDFC Life Territory Sales Manager Salary

2 - 21 years exp. (16 salaries)

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₹3.9 L/yr - ₹16 L/yr

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₹4.9 L/yr - ₹6 L/yr

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PNB MetLife Territory Sales Manager Salary

4 - 13 years exp. (220 salaries)

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₹3.7 L/yr - ₹7.5 L/yr

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₹7 L/yr - ₹10 L/yr

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₹2.6 L/yr - ₹6.5 L/yr

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₹4 L/yr - ₹7.2 L/yr

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₹4.5 L/yr - ₹13 L/yr

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₹9.3 L/yr - ₹12.5 L/yr

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₹9 L/yr - ₹13.8 L/yr

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Territory Sales Manager salary at Reliance Nippon Life Insurance ranges between ₹6.5 Lakhs to ₹7.3 Lakhs per year for employees with experience between 12 years to 16 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 Sales Manager

3d ago
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14 years exp.
1mo ago
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12 years exp.
1y ago
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16 years exp.
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15 years exp.

Experience wise Reliance Nippon Life Insurance Territory Sales Manager salaries

Last Updated: 15 Feb 2025

Experience Avg Annual Salary
12 years (AmbitionBox Estimate)

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₹6.5 L/yr - ₹12.7 L/yr
13 years (AmbitionBox Estimate)

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₹6.4 L/yr - ₹8.1 L/yr
14 years (AmbitionBox Estimate)

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₹6.5 L/yr - ₹12.8 L/yr
15+ years (AmbitionBox Estimate)

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₹7 L/yr - ₹13 L/yr

Similar Designation salaries in Reliance Nippon Life Insurance

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₹2.25 L/yr - ₹5 L/yr
Territory Sales Incharge Salary
(AmbitionBox Estimate)
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₹4.7 L/yr - ₹6 L/yr
Territory Business Manager Salary
(AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr
Territory Manager Salary
(100 salaries)
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₹4 L/yr - ₹12 L/yr
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₹6.3 L/yr - ₹8 L/yr
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₹1.8 L/yr - ₹3 L/yr
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₹1.8 L/yr - ₹5 L/yr
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₹1.8 L/yr - ₹3 L/yr
Sales Manager Salary
(247 salaries)
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₹1.2 L/yr - ₹6 L/yr
Deputy Manager Salary
(64 salaries)
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₹3.7 L/yr - ₹12.42 L/yr

Salary related reviews for Reliance Nippon Life Insurance

3.8

Rated by 6 employees for salary & benefits

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

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

read more
  • Salary - Poor
  • +3 more
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Reliance Nippon Life Insurance Territory Sales Manager Salary FAQs

What is the salary of Territory Sales Manager at Reliance Nippon Life Insurance?
Territory Sales Manager salary at Reliance Nippon Life Insurance in India ranges between ₹6.5 Lakhs to ₹7.3 Lakhs for experience between 12 years to 16 years. According to our estimates it is 6% less than the average Territory Sales Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Reliance Nippon Life Insurance India.
How does the salary of a Territory Sales Manager at Reliance Nippon Life Insurance India compare with the average salary range for this job?
The average salary of a Territory Sales Manager at Reliance Nippon Life Insurance is 6% less than the average salary of a Territory Sales Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than Reliance Nippon Life Insurance to a Territory Sales Manager in India?
  • Star Health & Allied Insurance Territory Sales Manager Salary - ₹9.0 Lakhs to ₹13.8 Lakhs per year
  • Aditya Birla Health Insurance Co Territory Sales Manager Salary - ₹9.3 Lakhs to ₹12.5 Lakhs per year
  • HDFC Life Territory Sales Manager Salary - ₹3.9 Lakhs to ₹16.0 Lakhs per year
  • Kotak Mahindara Life Insurance Territory Sales Manager Salary - ₹4.8 Lakhs to ₹18.0 Lakhs per year
  • Tata AIA Life Insurance Territory Sales Manager Salary - ₹3.8 Lakhs to ₹11.3 Lakhs per year
What is the salary of a Territory Sales Manager in companies similar to Reliance Nippon Life Insurance in India?
  • Aditya Birla Sun Life Insurance Territory Sales Manager Salary - ₹7.0 Lakhs to ₹10.0 Lakhs per year
  • SBI General Insurance Territory Sales Manager Salary - ₹4.0 Lakhs to ₹10.8 Lakhs per year
  • ICICI Lombard General Insurance Company Territory Sales Manager Salary - ₹4.5 Lakhs to ₹13.0 Lakhs per year
  • Bajaj Allianz Life Insurance Territory Sales Manager Salary - ₹4.9 Lakhs to ₹9.1 Lakhs per year
  • ICICI Prudential Life Insurance Territory Sales Manager Salary - ₹5.0 Lakhs to ₹10.9 Lakhs per year
What is the estimated take home salary of a Territory Sales Manager at Reliance Nippon Life Insurance in India?
The estimated take-home salary of a Territory Sales Manager at Reliance Nippon Life Insurance ranges between ₹52,989 per month to ₹54,307 per month in India. The take-home salary calculation is based on the average Reliance Nippon Life Insurance Territory Sales Manager salary in India which ranges between ₹6.5 Lakhs to ₹7.3 Lakhs per year for employees with experience between 12 years to 16 years. Check how did we calculate take home salary?
What is the notice period for Territory Sales Manager at Reliance Nippon Life Insurance?
According to AmbitionBox, 50% of the Reliance Nippon Life Insurance Territory Sales Managers reported a notice period of 1 Month, 33% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.

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Reliance Nippon Life Insurance Territory Sales Manager salary in India ranges between ₹6.5 Lakhs to ₹7.3 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.