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Reliance Nippon Life Insurance Vice President salaries in India

Annual salary range
11 - 22 years exp.
₹16 Lakhs - ₹51.4 Lakhs
Salary of majority employees
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39% less than the average Vice President Salary in Insurance Companies for 11 - 22 years of experience

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Salaries in different departments

Finance & Accounting
Vice President Salary
11 - 22 years exp. (7 salaries)
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₹19.5 L/yr - ₹32.8 L/yr

BFSI, Investments & Trading
Vice President Salary
13 - 18 years exp. (6 salaries)
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₹18 L/yr - ₹50.4 L/yr

Strategic & Top Management
Vice President Salary
14 - 20 years exp. (5 salaries)
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₹30.6 L/yr - ₹32.7 L/yr

Sales & Business Development
Vice President Salary
18 - 22 years exp. (3 salaries)
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₹21 L/yr - ₹28.7 L/yr

Customer Success, Service & Operations
Vice President Salary
20 years exp. (AmbitionBox Estimate)
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₹25 L/yr - ₹40 L/yr

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Last Updated: 9 Dec 2024

Companies similar to Reliance Nippon Life Insurance for Vice President

Company name Avg Annual Salary Open Jobs
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₹27 L/yr - ₹50 L/yr

arrow icon 27% more
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HDFC Life Vice President Salary

19 - 27 years exp. (25 salaries)

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₹35 L/yr - ₹72 L/yr

arrow icon 68% more
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SBI Life Insurance Company Vice President Salary

10 - 20 years exp. (35 salaries)

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₹15.8 L/yr - ₹62 L/yr

arrow icon 32% more
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Max Life Insurance Vice President Salary

14 - 25 years exp. (41 salaries)

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₹17 L/yr - ₹71.2 L/yr

arrow icon 42% more
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₹40.5 L/yr - ₹73 L/yr

arrow icon 77% more
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₹22.3 L/yr - ₹45 L/yr

arrow icon 11% more
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Tata AIA Life Insurance Vice President Salary

15 - 23 years exp. (14 salaries)

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₹30.4 L/yr - ₹97 L/yr

arrow icon 134% more
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Swiss Re Vice President Salary

11 - 20 years exp. (99 salaries)

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₹24 L/yr - ₹94 L/yr

arrow icon 99% more
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₹32.1 L/yr - ₹94 L/yr

arrow icon 90% more
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₹28.4 L/yr - ₹65.3 L/yr

arrow icon 61% more
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Marsh Vice President Salary

5 - 16 years exp. (7 salaries)

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₹13 L/yr - ₹40 L/yr

arrow icon 7% less
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₹51 L/yr - ₹97 L/yr

arrow icon 192% more
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Gallagher Vice President Salary

9 - 22 years exp. (5 salaries)

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₹32 L/yr - ₹36.3 L/yr

arrow icon 19% more
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SBI General Insurance Vice President Salary

16 - 20 years exp. (4 salaries)

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₹38 L/yr - ₹94 L/yr

arrow icon 93% more
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₹50 L/yr - ₹51 L/yr

arrow icon 73% more
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MetLife Vice President Salary

12 - 22 years exp. (3 salaries)

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₹1 Cr/yr - ₹1 Cr/yr

arrow icon 246% more
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₹9 L/yr - ₹36.3 L/yr

arrow icon 17% less
Vice President salary at Reliance Nippon Life Insurance ranges between ₹16 Lakhs to ₹51.4 Lakhs per year for employees with experience between 11 years to 22 years. Salary estimates are based on 31 latest salaries received from various employees of Reliance Nippon Life Insurance.

Latest annual salaries shared by Reliance Nippon Life Insurance Vice President

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11 years exp.
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13 years exp.
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Experience wise Reliance Nippon Life Insurance Vice President salaries

Last Updated: 9 Dec 2024

Experience Avg Annual Salary
11 years (AmbitionBox Estimate)

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₹22 L/yr - ₹39 L/yr
12 years (AmbitionBox Estimate)

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₹17 L/yr - ₹50.8 L/yr
13 years (AmbitionBox Estimate)

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₹11.4 L/yr - ₹42 L/yr
14 years  (3 salaries)

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₹16 L/yr - ₹35.2 L/yr
15+ years  (23 salaries)

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₹18 L/yr - ₹50.2 L/yr

Similar Designation salaries in Reliance Nippon Life Insurance

Senior Vice President Salary
(AmbitionBox Estimate)
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₹52.3 L/yr - ₹57.8 L/yr
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₹13.9 L/yr - ₹32 L/yr
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₹14 L/yr - ₹31 L/yr
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₹23.9 L/yr - ₹68 L/yr
Head Operations Salary
(AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹0.5 L/yr - ₹0.7 L/yr
Branch Head Salary
(28 salaries)
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₹6 L/yr - ₹12 L/yr
Branch Manager Salary
(190 salaries)
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₹3.75 L/yr - ₹10.7 L/yr
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₹5.6 L/yr - ₹18.5 L/yr
Deputy Manager Salary
(62 salaries)
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₹3.7 L/yr - ₹12.56 L/yr

Salary related reviews for Reliance Nippon Life Insurance

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Rated by 1 employees for salary & benefits

Sales & Business Development Department

4.0
  •  posted on 23 Jun 2022

5.0
 for  Salary and Benefits

Likes

Good work culture and environment. Transparent management supportive team. Company policies are good, bonus every month.

read more

Dislikes

There is not formal Traning only online tranings and Salary is very low and and its IPM branch.

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BFSI, Investments & Trading Department

5.0
  •  posted on 27 May 2022

5.0
 for  Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive and the management is transport

Dislikes

There is a lot of policies and the management doesn't adress our issue. Salary is decent but career growth is slow.

read more

Sales & Business Development Department

5.0
  •  posted on 17 Feb 2020

5.0
 for  Salary and Benefits

Likes

Excellent

Dislikes

Compensation is decent, but growth is slow. The work pressure is very high. Sometimes, I have to work 14-18 hours straight in a day as I have to attend client calls in the evening and sometimes late into the night. Managers do not value an individuals’ unique strengths, which is why I have to take back my suggestions most of the times. I do receive appreciation emails from my client, but they mostly go unnoticed during my mid-year appraisals. Also, there is no on-job training for freshers, hence senior folks like me have to guide them step-by-step, which is a pain sometimes.

read more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 07 Nov 2024

1.0
 for  Salary and Benefits

Likes

Too much ghatia i mean wrost experience ever..

Dislikes

...e to get policy on my name nd told if i didn't get the policy i cant get my job. Totally fraud company they did gave me any salary i work 2 month straight .

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Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 29 Jul 2023

3.0
 for  Salary and Benefits

Likes

The work life balance here in reliance is excellent. No unnecessary pressure is put up on you. Proper training and induction is conducted when you join the company. The incentive structure is very nice compared toother organizations.

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Dislikes

There is no appraisal criteria here. Only way to increase your salary is tthrough promotions and which sometime is difficult to achieve .

read more
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Reliance Nippon Life Insurance Vice President Salary FAQs

What is the salary of Vice President at Reliance Nippon Life Insurance?
Vice President salary at Reliance Nippon Life Insurance in India ranges between ₹16.0 Lakhs to ₹51.4 Lakhs for experience between 11 years to 22 years. According to our estimates it is 39% less than the average Vice President Salary in India. Salary estimates are based on 31 latest salaries received from various employees of Reliance Nippon Life Insurance India.
How does the salary of a Vice President at Reliance Nippon Life Insurance India compare with the average salary range for this job?
The average salary of a Vice President at Reliance Nippon Life Insurance is 39% less than the average salary of a Vice President in India. To know exact salary insights, login to view.
Which similar companies are paying more than Reliance Nippon Life Insurance to a Vice President in India?
  • MetLife Vice President Salary - ₹100.0 Lakhs to ₹102.0 Lakhs per year
  • Aditya Birla Health Insurance Co Vice President Salary - ₹51.0 Lakhs to ₹97.0 Lakhs per year
  • Tata AIA Life Insurance Vice President Salary - ₹30.4 Lakhs to ₹97.0 Lakhs per year
  • Swiss Re Vice President Salary - ₹24.0 Lakhs to ₹94.0 Lakhs per year
  • SBI General Insurance Vice President Salary - ₹38.0 Lakhs to ₹94.0 Lakhs per year
What is the salary of a Vice President in companies similar to Reliance Nippon Life Insurance in India?
  • ICICI Lombard General Insurance Company Vice President Salary - ₹32.1 Lakhs to ₹94.0 Lakhs per year
  • Bajaj Allianz Life Insurance Vice President Salary - ₹40.5 Lakhs to ₹73.0 Lakhs per year
  • Star Health & Allied Insurance Vice President Salary - ₹50.0 Lakhs to ₹51.0 Lakhs per year
  • HDFC Life Vice President Salary - ₹35.0 Lakhs to ₹72.0 Lakhs per year
  • HDFC Ergo General Insurance Vice President Salary - ₹28.4 Lakhs to ₹65.3 Lakhs per year
What is the estimated take home salary of a Vice President at Reliance Nippon Life Insurance in India?
The estimated take-home salary of a Vice President at Reliance Nippon Life Insurance ranges between ₹1,80,215 per month to ₹1,87,227 per month in India. The take-home salary calculation is based on the average Reliance Nippon Life Insurance Vice President salary in India which ranges between ₹16.0 Lakhs to ₹51.4 Lakhs per year for employees with experience between 11 years to 22 years. Check how did we calculate take home salary?
What is the notice period for Vice President at Reliance Nippon Life Insurance?
According to AmbitionBox, 81% of the Reliance Nippon Life Insurance Vice Presidents reported a notice period of 3 Months, 10% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 32 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Reliance Nippon Life Insurance Vice President salary in India ranges between ₹16 Lakhs to ₹51.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 31 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.