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Star Union Dai-ichi Life Insurance Area Manager salaries in India (Updated 2025)

Annual salary range
12 - 18 years exp.
₹7.8 Lakhs - ₹17.1 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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23% more than the average Area Manager Salary in Insurance Companies for 12 - 18 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

BFSI, Investments & Trading
Area Manager Salary
12 - 18 years exp. (36 salaries)
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₹7.8 L/yr - ₹16.5 L/yr

Sales & Business Development
Area Manager Salary
12 - 18 years exp. (16 salaries)
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₹8.4 L/yr - ₹15.3 L/yr

Last Updated: 2 Apr 2025

Companies similar to Star Union Dai-ichi Life Insurance for Area Manager

Company name Avg Annual Salary Open Jobs
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₹5.8 L/yr - ₹13.2 L/yr

arrow icon 18% less
32 job openings
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Axis Max Life Insurance Area Manager Salary

6 - 18 years exp. (270 salaries)

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₹4.2 L/yr - ₹13.5 L/yr

arrow icon 32% less
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Bajaj Allianz Life Insurance Area Manager Salary

6 - 17 years exp. (211 salaries)

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₹5 L/yr - ₹16.5 L/yr

arrow icon 17% less
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SBI Life Insurance Company Area Manager Salary

6 - 18 years exp. (246 salaries)

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₹5.4 L/yr - ₹14.5 L/yr

arrow icon 25% less
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Tata AIA Life Insurance Area Manager Salary

6 - 17 years exp. (179 salaries)

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₹6 L/yr - ₹17.7 L/yr

arrow icon 3% less
1 job opening
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₹4.5 L/yr - ₹10 L/yr

arrow icon 42% less
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₹4.5 L/yr - ₹16.5 L/yr

arrow icon 21% less
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₹4.3 L/yr - ₹16 L/yr

arrow icon 16% less
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₹6.8 L/yr - ₹20 L/yr

arrow icon 5% more
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HDFC Ergo General Insurance Area Manager Salary

5 - 20 years exp. (40 salaries)

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₹6 L/yr - ₹12.5 L/yr

arrow icon 25% less
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Aviva Life Insurance India Area Manager Salary

7 - 20 years exp. (35 salaries)

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₹7 L/yr - ₹14 L/yr

arrow icon 8% less
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HDFC Life Area Manager Salary

10 - 11 years exp. (36 salaries)

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₹7.7 L/yr - ₹19 L/yr

arrow icon 1% more
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₹5 L/yr - ₹21 L/yr

arrow icon 1% less
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₹6 L/yr - ₹15 L/yr

arrow icon 14% less
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Reliance General Insurance Area Manager Salary

8 - 20 years exp. (22 salaries)

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₹6.9 L/yr - ₹21 L/yr

arrow icon 14% more
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PNB MetLife Area Manager Salary

6 - 15 years exp. (20 salaries)

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₹5.9 L/yr - ₹11.1 L/yr

arrow icon 23% less
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Tata AIG Area Manager Salary

7 - 13 years exp. (19 salaries)

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₹6.3 L/yr - ₹15.5 L/yr

arrow icon 20% less
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₹3.7 L/yr - ₹7 L/yr

arrow icon 54% less
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₹8.5 L/yr - ₹12 L/yr

arrow icon 18% less
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₹9 L/yr - ₹18.5 L/yr

arrow icon 7% less
View all
Area Manager salary at Star Union Dai-ichi Life Insurance ranges between ₹7.8 Lakhs to ₹17.1 Lakhs per year for employees with experience between 12 years to 18 years. Salary estimates are based on 64 latest salaries received from various employees of Star Union Dai-ichi Life Insurance.

Latest annual salaries shared by Star Union Dai-ichi Life Insurance Area Manager

2d ago
₹10.5 Lakhs
13 years exp.
1w ago
₹15 Lakhs
15 years exp.
1w ago
₹15 Lakhs
15 years exp.
1w ago
₹15 Lakhs
15 years exp.
1w ago
₹15 Lakhs
15 years exp.
4mo ago
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15 years exp.
6mo ago
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17 years exp.
6mo ago
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16 years exp.
6mo ago
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17 years exp.
7mo ago
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12 years exp.

Experience wise Star Union Dai-ichi Life Insurance Area Manager salaries

Last Updated: 2 Apr 2025

Experience Avg Annual Salary
12 years  (4 salaries)

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₹7.8 L/yr - ₹12 L/yr
13 years  (5 salaries)

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₹8 L/yr - ₹12 L/yr
14 years  (9 salaries)

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₹7.8 L/yr - ₹14.7 L/yr
15+ years  (46 salaries)

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₹8.3 L/yr - ₹17.1 L/yr

Similar Designation salaries in Star Union Dai-ichi Life Insurance

Sales Manager Salary
(31 salaries)
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₹2.4 L/yr - ₹5.2 L/yr
Branch Manager Salary
(42 salaries)
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₹5.5 L/yr - ₹11.5 L/yr
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₹6.04 L/yr - ₹10.14 L/yr
Cluster Manager Salary
(AmbitionBox Estimate)
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₹4.9 L/yr - ₹6.2 L/yr
Deputy Manager Salary
(101 salaries)
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₹3.8 L/yr - ₹12.27 L/yr
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₹17.5 L/yr - ₹29.5 L/yr
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₹8.8 L/yr - ₹12.5 L/yr
Business Manager Salary
(AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.2 L/yr
Territory Manager Salary
(172 salaries)
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₹4.4 L/yr - ₹11.06 L/yr
Team Lead Salary
(6 salaries)
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₹2.5 L/yr - ₹4 L/yr

Top skills at Star Union Dai-ichi Life Insurance for Area Manager

Life Insurance Bancassurance banca bfsi General Insurance Insurance FMCG Sales broking Insurance Sales Area Management Insurance Broking Business Development Banking Marketing Company Secretarial

Salary related reviews for Star Union Dai-ichi Life Insurance

3.3

Rated by 20 employees for salary & benefits

Full Time

 · 

Strategic & Top Management Department

1.0
  •  posted on 08 Jan 2024

1.0
 for  Salary and Benefits

Likes

Nothing.

Dislikes

...hire you is on hold and told you to wait for sometime but that never happens. Salary is on lower side without any good increament. List goes on

read more
  • Salary - Bad
  • +5 more

BFSI, Investments & Trading Department

5.0
  •  posted on 27 Mar 2021

3.0
 for  Salary and Benefits

Likes

It was wonderful experience working in Star Union as a Area head,,,,I learnt lot of new things, relationship,PSU sector,,big exposure......great boss ,,,great team,,overall great experience......

read more
  • Skill development - Good
  • +3 more

Dislikes

Compensation and payout for channel partner.

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 28 Feb 2025

1.0
 for  Salary and Benefits

Likes

Nothing is good in this company, worst culture, worst salary structure, the HR team is non co operative and the even cut your salary and incentive for nothing.

read more

Dislikes

...ke i joined this company they paid my full and final settlement after 100 days, and also cuted unnecessary amount from my salary, this is bad organisation, i strongly refer please do not join.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 30 Dec 2024

2.0
 for  Salary and Benefits

Likes

Like krne ka es 6 mah me to kuchh nhi dikha sud life me, na management na manager na hi products

Dislikes

... after 6pm you will have attended con call meeting in Google meet by 7pm to 9pm. If you miss any day attendence your regularisation will be reject by your senior, so that your salary can be cut, from this they think that employee will work hard. I have already lost 6 days salary. They will give p/day pressure for new business. Day night both. Means you can't survive 6 month here. If you want to join here then go but search another company too so that you have a back up after take pressure you will have to resign near by . I have worked in sbi life hdfc life but their culture is ok but sud life plz don't go here, 10 nhi 100 bar sochna yaha ane se pahle. Thela kahin khol Lena pr sud life join kr Krna.

read more
  • Salary - Poor
  • +6 more

Full Time

 · 

Customer Success, Service & Operations Department

4.0
  •  posted on 23 Dec 2024

3.0
 for  Salary and Benefits

Likes

There is learning opportunity on different topics which can help us for personal development.

  • Skill development - Excellent
  • +5 more

Dislikes

10 years already completed but salary growth is very less. Only for this reason I am looking for other job opportunity in other company.

read more
see more salary related reviews

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Star Union Dai-ichi Life Insurance Area Manager Salary FAQs

What is the salary of Area Manager at Star Union Dai-ichi Life Insurance ?
The average salary of a Area Manager at Star Union Dai-ichi Life Insurance in India typically ranges from ₹7.8 Lakhs to ₹17.1 Lakhs per year, depending on experience (from 12 years to 18 years).

The top 10% of Area Manager at Star Union Dai-ichi Life Insurance earn more than ₹15.3 Lakhs per year, and the top 1% earn over ₹17.1 Lakhs per year. Area Manager Salaries at Star Union Dai-ichi 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 60+ Star Union Dai-ichi Life Insurance employees in India.
What is the estimated take home salary of a Area Manager at Star Union Dai-ichi Life Insurance in India?
The estimated take-home salary of a Area Manager at Star Union Dai-ichi Life Insurance in India typically ranges from ₹84,454 to ₹86,663 per month. This is based on the average salary range of ₹7.8 Lakhs to ₹17.1 Lakhs per year for employees with experience ranging from 12 years to 18 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 60+ salaries received from various employees of Star Union Dai-ichi Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Area Manager at Star Union Dai-ichi Life Insurance ?
To be a Area Manager at Star Union Dai-ichi Life Insurance in india, the key skills required include:

  • - Life Insurance
  • - Bancassurance
  • - banca
  • - bfsi
  • - General Insurance

These skills are highly valued at Star Union Dai-ichi Life Insurance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Star Union Dai-ichi Life Insurance for Area Manager in India?
Reliance General Insurance ₹6.9 Lakhs to ₹21.0 Lakhs per year
Magma HDI General Insurance ₹8.8 Lakhs to ₹16.3 Lakhs per year
ICICI Lombard General Insurance Company ₹6.8 Lakhs to ₹20.0 Lakhs per year
HDFC Life ₹7.7 Lakhs to ₹19.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Star Union Dai-ichi Life Insurance, depending on the role and experience level.
What is the salary of a Area Manager in companies similar to Star Union Dai-ichi Life Insurance in India?
The salary of a Area Manager at companies similar to Star Union Dai-ichi Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Kotak Mahindara Life Insurance ₹5.0 Lakhs to ₹21.0 Lakhs per year
SBI General Insurance ₹9.0 Lakhs to ₹15.2 Lakhs per year
Tata AIA Life Insurance ₹6.0 Lakhs to ₹17.7 Lakhs per year
Royal Sundaram General Insurance ₹9.0 Lakhs to ₹18.5 Lakhs per year
Aviva Life Insurance India ₹7.0 Lakhs to ₹14.0 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 Area Manager at Star Union Dai-ichi Life Insurance in India?
The salary growth for a Area Manager at Star Union Dai-ichi Life Insurance depends on factors such as experience, performance, and promotions. On average, a Area Manager can expect the following growth trajectory at Star Union Dai-ichi Life Insurance:

Experience Average Salary Range
12 years ₹7.8 Lakhs to ₹12.0 Lakhs per year
13 years ₹8.0 Lakhs to ₹12.0 Lakhs per year
14 years ₹7.8 Lakhs to ₹14.7 Lakhs per year
15 years ₹8.3 Lakhs to ₹17.1 Lakhs per year
and so on.

Tell us how to improve this page.

Star Union Dai-ichi Life Insurance Area Manager salary in India ranges between ₹7.8 Lakhs to ₹17.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 64 Star Union Dai-ichi Life Insurance latest salaries received from various employees of Star Union Dai-ichi Life Insurance.