Reliance Nippon Life Insurance Zonal Manager Salaries by 5 Employees

14 - 23 years exp.

₹18.4 Lakhs - ₹37 Lakhs

Low Confidence

Salary of majority employees

101% more than the average Zonal Manager Salary in Insurance Companies for 14 - 23 years of experience

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Salaries in different departments

BFSI, Investments & Trading Zonal Manager Salary 14 years exp. (AmbitionBox Estimate)	₹16.5 L/yr - ₹20.2 L/yr
Login to view exact salary
Sales & Business Development Zonal Manager Salary 14 years exp. (AmbitionBox Estimate)	₹20.7 L/yr - ₹25.3 L/yr

Last Updated: 20 Jan 2024

Companies similar to Reliance Nippon Life Insurance for Zonal Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz Life Insurance Zonal Manager Salary 14 - 22 years exp. (16 salaries)	₹17.4 L/yr - ₹37 L/yr 13% less
Axis Max Life Insurance Zonal Manager Salary 17 - 23 years exp. (11 salaries)	₹16.1 L/yr - ₹29.2 L/yr 24% less
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Shriram Life Insurance Zonal Manager Salary 15 - 26 years exp. (10 salaries)	₹11.1 L/yr - ₹20 L/yr 49% less
SBI Life Insurance Company Zonal Manager Salary 15 - 23 years exp. (10 salaries)	₹17 L/yr - ₹23 L/yr 38% less
HDFC Life Zonal Manager Salary 10 - 12 years exp. (9 salaries)	₹10 L/yr - ₹22 L/yr 47% less
ICICI Prudential Life Insurance Zonal Manager Salary 4 - 17 years exp. (7 salaries)	₹7 L/yr - ₹22 L/yr 51% less
Aditya Birla Health Insurance Co Zonal Manager Salary 10 - 20 years exp. (7 salaries)	₹13 L/yr - ₹31 L/yr 28% less
Life Insurance Corporation of India Zonal Manager Salary 25 - 33 years exp. (4 salaries)	₹19.5 L/yr - ₹36.4 L/yr 10% less
ICICI Lombard General Insurance Company Zonal Manager Salary 15 - 20 years exp. (4 salaries)	₹21.9 L/yr - ₹24 L/yr 28% less
Aditya Birla Sun Life Insurance Zonal Manager Salary 11 - 18 years exp. (4 salaries)	₹35 L/yr - ₹50 L/yr 32% more
Bajaj Allianz General Insurance Zonal Manager Salary 12 - 19 years exp. (4 salaries)	₹16 L/yr - ₹23 L/yr 45% less
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Star Health & Allied Insurance Zonal Manager Salary 19 - 23 years exp. (4 salaries)	₹24.1 L/yr - ₹39 L/yr 1% less
PNB MetLife Zonal Manager Salary 20 years exp. (3 salaries)	₹15.5 L/yr - ₹38 L/yr 5% less

Zonal Manager salary at Reliance Nippon Life Insurance ranges between ₹18.4 Lakhs to ₹37 Lakhs per year for employees with experience between 14 years to 23 years. Salary estimates are based on 5 latest salaries received from various employees of Reliance Nippon Life Insurance.

Experience wise Reliance Nippon Life Insurance Zonal Manager salaries

Last Updated: 20 Jan 2024

Experience	Avg Annual Salary
14 years (3 salaries)	₹18.4 L/yr - ₹28.9 L/yr
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15+ years (AmbitionBox Estimate)	₹30 L/yr - ₹37 L/yr

Similar Designation salaries in Reliance Nippon Life Insurance

Regional Manager Salary

(42 salaries)

₹13 L/yr - ₹27 L/yr

Sales Manager Salary

(243 salaries)

₹1.5 L/yr - ₹5 L/yr

Zonal Sales Manager Salary

(AmbitionBox Estimate)

₹21.4 L/yr - ₹27.4 L/yr

Zonal Head Salary

(AmbitionBox Estimate)

₹47.5 L/yr - ₹52.5 L/yr

Deputy Manager Salary

(64 salaries)

₹3.7 L/yr - ₹12.42 L/yr

Cluster Manager Salary

(40 salaries)

₹5 L/yr - ₹16.03 L/yr

Business Manager Salary

(AmbitionBox Estimate)

₹3 L/yr - ₹3.8 L/yr

Area Sales Manager Salary

(17 salaries)

₹1.8 L/yr - ₹5 L/yr

Senior Sales Manager Salary

(56 salaries)

₹2.25 L/yr - ₹5 L/yr

Zonal Business Manager Salary

(AmbitionBox Estimate)

₹32 L/yr - ₹40.8 L/yr

Salary related reviews for Reliance Nippon Life Insurance

4.0

Rated by 2 employees for salary & benefits

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

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

Sales Manager in Kolkata

Sales & Business Development Department

4.0

• posted on 18 Oct 2018

4.0

for Salary and Benefits

Likes

Reliance Nippon life insurance is one of the Prestigious Company In India with huge employees & advisor network, thousands of Branches all over the Nation. Well, one of I like about this company is their learning & skill development tools/aaps.

Salary - Good

+6 more

Dislikes

...tion level, HR level also not active so its create strong connectivity problem . Salary structure is very poor, payslip & offerletter's CTC are different. Branch Manager's expectations some times very challenging & hard for Sales team. Company's android Applications (apps) many of times not working properly, so it's hard to make productive. Depends on aforesaid circumstances these are my own & personal opinion/ believe.

Business Development Manager

Other Department

4.0

• posted on 18 Apr 2018

2.0

for Salary and Benefits

Likes

Iam working in Direct marketing channels (loyalty channel ) Iam proving in a one year got a 3 promotions and get the dubai trips etc.. Iam happy with working in Reliance.

Skill development - Good

+2 more

Dislikes

When I joined in Reliance life the manager told me when your package high in year you get the 50%of ctc incentive after financial year. I was Aggressively working in a year got the 3 promotions S. R. M to B. R. M(2.20Lac to 4.00lac)packages. But my incentive is zero. That's why I disappointment and resigned my job

Salary - Poor

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

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Reliance Nippon Life Insurance Zonal Manager Salary FAQs

What is the salary of Zonal Manager at Reliance Nippon Life Insurance ?

The average salary of a Zonal Manager at Reliance Nippon Life Insurance in India typically ranges from ₹18.4 Lakhs to ₹37.0 Lakhs per year, depending on experience (from 14 years to 23 years).

The top 10% of Zonal Manager at Reliance Nippon Life Insurance earn more than ₹37.0 Lakhs per year, and the top 1% earn over ₹37.0 Lakhs per year. Zonal Manager 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 5 Reliance Nippon Life Insurance employees in India.

What is the estimated take home salary of a Zonal Manager at Reliance Nippon Life Insurance in India?

The estimated take-home salary of a Zonal Manager at Reliance Nippon Life Insurance in India typically ranges from ₹1,90,264 to ₹1,97,730 per month. This is based on the average salary range of ₹18.4 Lakhs to ₹37.0 Lakhs per year for employees with experience ranging from 14 years to 23 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 5 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 Zonal Manager in India?

Aditya Birla Sun Life Insurance

₹35.0 Lakhs to ₹50.0 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 Zonal Manager in companies similar to Reliance Nippon Life Insurance in India?

The salary of a Zonal Manager 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:

Star Health & Allied Insurance	₹24.1 Lakhs to ₹39.0 Lakhs per year
PNB MetLife	₹15.5 Lakhs to ₹38.0 Lakhs per year
Life Insurance Corporation of India	₹19.5 Lakhs to ₹36.4 Lakhs per year
Bajaj Allianz Life Insurance	₹17.4 Lakhs to ₹37.0 Lakhs per year
Axis Max Life Insurance	₹16.1 Lakhs to ₹29.2 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 Zonal Manager at Reliance Nippon Life Insurance in India?

The salary growth for a Zonal Manager at Reliance Nippon Life Insurance depends on factors such as experience, performance, and promotions. On average, a Zonal Manager can expect the following growth trajectory at Reliance Nippon Life Insurance:

Experience	Average Salary Range
14 years	₹18.4 Lakhs to ₹28.9 Lakhs per year
15 years	₹30.0 Lakhs to ₹37.0 Lakhs per year

and so on.

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Reliance Nippon Life Insurance Zonal Manager Salaries

Reliance Nippon Life Insurance Zonal Manager salary in India ranges between ₹18.4 Lakhs to ₹37 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.