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Reliance Nippon Life Insurance Vice President Operations salaries in India

Annual salary range
15 - 25 years exp.
₹23.9 Lakhs - ₹68 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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21% less than the average Vice President Operations Salary in Insurance Companies for 15 - 25 years of experience

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Last Updated: 19 Oct 2023

Companies similar to Reliance Nippon Life Insurance for Vice President Operations

Company name Avg Annual Salary Open Jobs
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₹53 L/yr - ₹60 L/yr

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₹20.1 L/yr - ₹96 L/yr

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₹16.5 L/yr - ₹45 L/yr

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HDFC Life Vice President Operations Salary

14 - 31 years exp. (4 salaries)

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₹6 L/yr - ₹66 L/yr

arrow icon 18% less
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₹36 L/yr - ₹41 L/yr

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Vice President Operations salary at Reliance Nippon Life Insurance ranges between ₹23.9 Lakhs to ₹68 Lakhs per year for employees with experience between 15 years to 25 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 Vice President Operations

1y ago
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25 years exp.
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15 years exp.
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20 years exp.
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19 years exp.

Experience wise Reliance Nippon Life Insurance Vice President Operations salaries

Last Updated: 19 Oct 2023

Experience Avg Annual Salary
15+ years  (4 salaries)

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₹23.9 L/yr - ₹68 L/yr

Similar Designation salaries in Reliance Nippon Life Insurance

Head Operations Salary
(AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr
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₹1.5 L/yr - ₹3.78 L/yr
Senior Vice President Salary
(AmbitionBox Estimate)
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₹52.3 L/yr - ₹57.8 L/yr
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₹2.92 L/yr - ₹3.92 L/yr
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₹8 L/yr - ₹18.5 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.8 L/yr
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₹9.7 L/yr - ₹19.5 L/yr
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₹13.9 L/yr - ₹32 L/yr
Branch Head Salary
(30 salaries)
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₹6 L/yr - ₹12 L/yr
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₹14 L/yr - ₹31 L/yr

Salary related reviews for Reliance Nippon Life Insurance

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
  • Salary - Excellent
  • +5 more

Dislikes

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

read more

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

  • Salary - Excellent
  • +6 more

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

  • Salary - Excellent
  • +6 more

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

 · 

Customer Success, Service & Operations Department

5.0
  •  posted on 16 Mar 2025

2.0
 for  Salary and Benefits

Likes

I have a love-hate relationship with working here because I learn something new every day. Whether it’s the latest updates, training sessions, new products, or communication skills training, there’s always something valuable to gain. Plus, the amazing deals make it even better. As I’m so comfortable too cuz of good faculty and better understanding between colleagues and senior staff that helps me very well to manage home and office both

read more
  • Skill development - Excellent
  • +4 more

Dislikes

...n. Promotion is extremely difficult to achieve, and there is a risk of demotion. Additionally, salary increases are minimal and progress very slowly, which can be discouraging for those looking to advance financially.

read more
  • Salary - Poor
  • +1 more

Full Time

 · 

Human Resources Department

1.0
  •  posted on 07 Feb 2025

2.0
 for  Salary and Benefits

Likes

Nothing as such. Old people having good knowledge but the current management doe’s let them work.

Dislikes

They have a policy of deducting salary of Sales executives from the 2nd month on non achieving of targets from doj. Which is terrible. Salary not getting credited on time. Demotions happens if not working well for 1 month even. Worst place to work.

read more
  • Salary - Poor
  • +6 more
see more salary related reviews

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Reliance Nippon Life Insurance Vice President Operations Salary FAQs

What is the salary of Vice President Operations at Reliance Nippon Life Insurance ?
The average salary of a Vice President Operations at Reliance Nippon Life Insurance in India typically ranges from ₹23.9 Lakhs to ₹68.0 Lakhs per year, depending on experience (from 15 years to 25 years).

The top 10% of Vice President Operations at Reliance Nippon Life Insurance earn more than ₹68.0 Lakhs per year, and the top 1% earn over ₹68.0 Lakhs per year. Vice President Operations Salaries at Reliance Nippon Life Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 Reliance Nippon Life Insurance employees in India.
What is the estimated take home salary of a Vice President Operations at Reliance Nippon Life Insurance in India?
The estimated take-home salary of a Vice President Operations at Reliance Nippon Life Insurance in India typically ranges from ₹2,15,379 to ₹2,23,980 per month. This is based on the average salary range of ₹23.9 Lakhs to ₹68.0 Lakhs per year for employees with experience ranging from 15 years to 25 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Reliance Nippon Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Reliance Nippon Life Insurance for Vice President Operations in India?
Bajaj Allianz Life Insurance ₹20.1 Lakhs to ₹96.0 Lakhs per year
Tata AIA Life Insurance ₹53.0 Lakhs to ₹60.0 Lakhs per year
ICICI Prudential Life Insurance ₹36.0 Lakhs to ₹41.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Reliance Nippon Life Insurance, depending on the role and experience level.
What is the salary of a Vice President Operations in companies similar to Reliance Nippon Life Insurance in India?
The salary of a Vice President Operations at companies similar to Reliance Nippon Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

SBI Life Insurance Company ₹16.5 Lakhs to ₹45.0 Lakhs per year
HDFC Life ₹6.0 Lakhs to ₹66.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Vice President Operations at Reliance Nippon Life Insurance in India?
The salary growth for a Vice President Operations at Reliance Nippon Life Insurance depends on factors such as experience, performance, and promotions. On average, a Vice President Operations can expect the following growth trajectory at Reliance Nippon Life Insurance:

Experience Average Salary Range
15 years ₹23.9 Lakhs to ₹68.0 Lakhs per year
and so on.

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Reliance Nippon Life Insurance Vice President Operations salary in India ranges between ₹23.9 Lakhs to ₹68 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.