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Star Health & Allied Insurance

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3.6

based on 2k Reviews

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Star Health & Allied Insurance Divisional Manager salaries in Mumbai

Annual salary range
9 - 14 years exp.
₹6 Lakhs - ₹8.6 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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47% less than the average Divisional Manager Salary in Insurance Companies for 9 - 14 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading
Divisional Manager Salary
9 - 12 years exp. (3 salaries)
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₹6.3 L/yr - ₹8.6 L/yr

Sales & Business Development
Divisional Manager Salary
14 years exp. (AmbitionBox Estimate)
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₹6 L/yr - ₹8.5 L/yr

Last Updated: 20 May 2023

Companies similar to Star Health & Allied Insurance for Divisional Manager in Mumbai

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Star Health & Allied Insurance Divisional Manager Salary

9 - 14 years exp. (5 salaries)
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₹6 L/yr - ₹8.6 L/yr

vs
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Life Insurance Corporation of India Divisional Manager Salary

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₹16 L/yr - ₹20.1 L/yr

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Micro Labs Divisional Manager Salary

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Raychem RPG Divisional Manager Salary

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₹25 L/yr - ₹35 L/yr

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Fraazo Divisional Manager Salary

7 - 15 years exp. (7 salaries)
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₹7 L/yr - ₹13 L/yr

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Jumbo Finvest India Divisional Manager Salary

23 - 26 years exp. (5 salaries)
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₹16 L/yr - ₹18 L/yr

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Divisional Manager salary at Star Health & Allied Insurance ranges between ₹6 Lakhs to ₹8.6 Lakhs per year for employees with experience between 9 years to 14 years. Salary estimates are based on 5 latest salaries received from various employees of Star Health & Allied Insurance.

Latest annual salaries shared by Star Health & Allied Insurance Divisional Manager in Mumbai

1y ago
₹6.3 Lakhs
10 years exp.

Experience wise Star Health & Allied Insurance Divisional Manager salaries in Mumbai

Last Updated: 20 May 2023

Experience Avg Annual Salary
9 years (AmbitionBox Estimate)

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₹5.6 L/yr - ₹7.2 L/yr
10 years (AmbitionBox Estimate)

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₹5.9 L/yr - ₹7.5 L/yr
11 years (AmbitionBox Estimate)

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₹6.2 L/yr - ₹7.9 L/yr
12 years (AmbitionBox Estimate)

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₹6.4 L/yr - ₹8.2 L/yr
13 years (AmbitionBox Estimate)

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₹6.7 L/yr - ₹8.5 L/yr
View all
Star Health & Allied Insurance Divisional Manager Salary and Career Growth

From

To

Divisional Manager

₹unlock blur Lakhs/yr

8 - 17 years exp.

Senior Area Manager

₹unlock blur Lakhs/yr

15 - 22 years exp.

Divisional Manager

8 - 17 years exp.
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Assistant Territory Manager

9 - 17 years exp.
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arrow icon 66% hike

Territory Manager

10 - 20 years exp.
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arrow icon 7% hike
Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Star Health & Allied Insurance

Relationship Manager Salary
(35 salaries)
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₹2.5 L/yr - ₹4.5 L/yr
Deputy Manager Salary
(13 salaries)
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₹4.8 L/yr - ₹7 L/yr
Branch Manager Salary
(11 salaries)
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₹7.5 L/yr - ₹10.21 L/yr

Salary related reviews for Star Health & Allied Insurance

Divisional Manager in Kozhikode

BFSI, Investments & Trading Department

4.0
  •  posted on 18 Sep 2018
3.0
 for  Salary and Benefits

Likes

Definitely A Great Company To Work In Terms Of Environment,Innovative Products,Brand Value,Customer Service And Yearly Increments...

read more
  • Skill development - Excellent
    • +5 more

Dislikes

Only Thing Which Pulls Down The Company Is That they pay you way below the Industry Standard...

read more

Relationship Manager in Moradabad

Full Time

 · 

Sales & Business Development Department

2.0
  •  posted on 14 Jul 2024
2.0
 for  Salary and Benefits

Likes

They can do everything to destroy your Career. They can't pay They have their own rules and regulations

read more

Dislikes

Here seniors migrate your business and earns commission/incentives and will eat your job if you raise a voice.

  • Salary - Poor
    • +5 more

Senior Sales Manager in Gurgaon / Gurugram

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 02 Apr 2024
2.0
 for  Salary and Benefits

Likes

Employee login business regularly then no one can interrupt and ask questions.

  • Work satisfaction - Good

Dislikes

...upport. Senior employee are deciding the rule and norms to run the organisation. No salary increments no leaves , even work on holidays.

read more
  • Salary - Poor
    • +5 more

Deputy Manager in Chennai

Full Time

 · 

Healthcare & Life Sciences Department

1.0
  •  posted on 31 Jan 2023
1.0
 for  Salary and Benefits

Likes

This section is not suitable for this company.

Dislikes

...o BDS/BAMS/BHMS, they will not regard you and your credentials. HR is atrocious. Stated salary as per bond not provided. There is no work life balance. Keep on insisting to work on Sunday's in the name of roasters.

read more
  • Salary - Bad
    • +6 more

Sales Manager in Kishangarh

Full Time

 · 

Sales Department

1.0
  •  posted on 14 Dec 2022
1.0
 for  Salary and Benefits

Likes

Only salary comes before date.

Dislikes

There is lots of managers who have gang of their own .they do not want to stay new employee.even they behave like mawalis they shouts like animals.such a people i have seen in my life.very pathetic experience i have .

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

Discover interview dos and don'ts from real experiences

Top trending discussions

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Salary Discussions, Hike & Promotions
1w (edited)
an inside sales executive
Unexpected job policies: stay or switch?
I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?
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Star Health & Allied Insurance Divisional Manager Salary FAQs

What is the salary of Divisional Manager at Star Health & Allied Insurance in Mumbai?
The average salary of a Divisional Manager at Star Health & Allied Insurance in Mumbai typically ranges from ₹6.0 Lakhs to ₹8.6 Lakhs per year, depending on experience (from 9 years to 14 years).

The top 10% of Divisional Manager in Mumbai at Star Health & Allied Insurance earn more than ₹6.4 Lakhs per year, and the top 1% earn over ₹6.4 Lakhs per year. Divisional Manager Salaries at Star Health & Allied 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 Star Health & Allied Insurance employees in India.
What is the estimated take home salary of a Divisional Manager at Star Health & Allied Insurance in Mumbai?
The estimated take-home salary of a Divisional Manager at Star Health & Allied Insurance in Mumbai typically ranges from ₹54,211 to ₹55,564 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹8.6 Lakhs per year for employees with experience ranging from 9 years to 14 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 Star Health & Allied Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Star Health & Allied Insurance for Divisional Manager in India?
Raychem RPG ₹25.0 Lakhs to ₹35.0 Lakhs per year
Life Insurance Corporation of India ₹16.0 Lakhs to ₹20.1 Lakhs per year
Jumbo Finvest India ₹16.0 Lakhs to ₹18.0 Lakhs per year
Micro Labs ₹9.3 Lakhs to ₹15.5 Lakhs per year
Fraazo ₹7.0 Lakhs to ₹13.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Star Health & Allied Insurance, depending on the role and experience level.
How the salary growth look like for a Divisional Manager at Star Health & Allied Insurance in Mumbai?
The salary growth for a Divisional Manager at Star Health & Allied Insurance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Divisional Manager in Mumbai can expect the following growth trajectory at Star Health & Allied Insurance:

Experience Average Salary Range
9 years ₹5.6 Lakhs to ₹7.2 Lakhs per year
10 years ₹5.9 Lakhs to ₹7.5 Lakhs per year
11 years ₹6.2 Lakhs to ₹7.9 Lakhs per year
12 years ₹6.4 Lakhs to ₹8.2 Lakhs per year
and so on.

Tell us how to improve this page.

Star Health & Allied Insurance Divisional Manager salary in Mumbai ranges between ₹6 Lakhs to ₹8.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Star Health & Allied Insurance latest salaries received from various employees of Star Health & Allied Insurance.