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Reliance Nippon Life Insurance Vice President salaries in Mumbai Suburban (Updated 2025)

Annual salary range
11 - 20 years exp.
₹21.3 Lakhs - ₹32.6 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.
Avg. annual salary
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Monthly In-hand Salary

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16% less than the average Vice President Salary in Insurance Companies for 11 - 20 years of experience

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Last Updated: 16 Mar 2025

Companies similar to Reliance Nippon Life Insurance for Vice President in Mumbai Suburban

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Reliance Nippon Life Insurance Vice President Salary

11 - 20 years exp. (3 salaries)

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₹21.3 L/yr - ₹32.6 L/yr

vs
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JM Financial Vice President Salary

16 - 20 years exp. (4 salaries)

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₹18 L/yr - ₹36.9 L/yr

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₹6.5 L/yr - ₹8.3 L/yr

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₹20 L/yr - ₹22 L/yr

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Vice President salary at Reliance Nippon Life Insurance ranges between ₹21.3 Lakhs to ₹32.6 Lakhs per year for employees with experience between 11 years to 20 years. Salary estimates are based on 3 latest salaries received from various employees of Reliance Nippon Life Insurance.

Latest annual salaries shared by Reliance Nippon Life Insurance Vice President in Mumbai Suburban

3w ago
₹21.3 Lakhs
20 years exp.
5mo ago
₹29 Lakhs
13 years exp.

Experience wise Reliance Nippon Life Insurance Vice President salaries in Mumbai Suburban

Last Updated: 16 Mar 2025

Experience Avg Annual Salary
11 years (AmbitionBox Estimate)

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₹26.7 L/yr - ₹34.1 L/yr
12 years (AmbitionBox Estimate)

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₹26.9 L/yr - ₹34.3 L/yr
13 years (AmbitionBox Estimate)

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₹27.1 L/yr - ₹34.6 L/yr
14 years (AmbitionBox Estimate)

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₹27.3 L/yr - ₹34.9 L/yr
15+ years (AmbitionBox Estimate)

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₹28.4 L/yr - ₹36.3 L/yr

Similar Designation salaries in Reliance Nippon Life Insurance

Deputy Manager Salary
(4 salaries)
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₹5.6 L/yr - ₹10.25 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 Salary FAQs

How the salary growth look like for a Vice President at Reliance Nippon Life Insurance in Mumbai Suburban?
The salary growth for a Vice President at Reliance Nippon Life Insurance in Mumbai Suburban depends on factors such as experience, performance, and promotions. On average, a Vice President in Mumbai Suburban can expect the following growth trajectory at Reliance Nippon Life Insurance:

Experience Average Salary Range
11 years ₹26.7 Lakhs to ₹34.1 Lakhs per year
12 years ₹26.9 Lakhs to ₹34.3 Lakhs per year
13 years ₹27.1 Lakhs to ₹34.6 Lakhs per year
14 years ₹27.3 Lakhs to ₹34.9 Lakhs per year
and so on.

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Reliance Nippon Life Insurance Vice President salary in Mumbai Suburban ranges between ₹21.3 Lakhs to ₹32.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.