Star Union Dai-ichi Life Insurance Chennai Area Manager Salaries by 4 Employees

14 - 17 years exp.

₹10.6 Lakhs - ₹12 Lakhs

Avg. annual salary

Monthly In-hand Salary

16% more than the average Area Manager Salary in Insurance Companies for 14 - 17 years of experience

Interested in this particular role? 2 job openings

Last Updated: 4 Oct 2024

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

Star Union Dai-ichi Life Insurance Area Manager Salary

14 - 17 years exp. (4 salaries)

₹10.6 L/yr - ₹12 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Area Manager Salary 2 - 16 years exp. (28 salaries)	₹7.2 L/yr - ₹12 L/yr 17% less	36 job openings
SBI Life Insurance Company Area Manager Salary 6 - 17 years exp. (13 salaries)	₹6.7 L/yr - ₹13 L/yr 24% less
Login to view exact salary
Tata AIA Life Insurance Area Manager Salary 6 - 14 years exp. (8 salaries)	₹7.3 L/yr - ₹12.4 L/yr 7% less	1 job opening
Bajaj Allianz Life Insurance Area Manager Salary 9 - 16 years exp. (7 salaries)	₹6 L/yr - ₹12.5 L/yr 12% less
Axis Max Life Insurance Area Manager Salary 9 - 15 years exp. (6 salaries)	₹4.2 L/yr - ₹10.8 L/yr 36% less
Cholamandalam MS General Insurance Area Manager Salary 10 - 17 years exp. (6 salaries)	₹6.5 L/yr - ₹12 L/yr 19% less
Tata AIG Area Manager Salary 7 - 13 years exp. (5 salaries)	₹6.3 L/yr - ₹14 L/yr 19% less
Aditya Birla Sun Life Insurance Area Manager Salary 5 - 9 years exp. (5 salaries)	₹5 L/yr - ₹7.5 L/yr 42% less
Aviva Life Insurance India Area Manager Salary 14 - 19 years exp. (4 salaries)	₹8.5 L/yr - ₹11.2 L/yr 10% less
Kotak Mahindara Life Insurance Area Manager Salary 5 - 17 years exp. (3 salaries)	₹10 L/yr - ₹14 L/yr 1% more

Area Manager salary at Star Union Dai-ichi Life Insurance ranges between ₹10.6 Lakhs to ₹12 Lakhs per year for employees with experience between 14 years to 17 years. Salary estimates are based on 4 latest salaries received from various employees of Star Union Dai-ichi Life Insurance.

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

Last Updated: 4 Oct 2024

Experience	Avg Annual Salary
14 years (AmbitionBox Estimate)	₹10.1 L/yr - ₹13 L/yr
Login to view exact salary
15+ years (3 salaries)	₹12 L/yr - ₹21.9 L/yr

Similar Designation salaries in Star Union Dai-ichi Life Insurance

Territory Manager Salary

(7 salaries)

₹6.6 L/yr - ₹9.5 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

3.0

Rated by 1 employees for salary & benefits

Area Manager in Mumbai

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

Salary - Bad

+5 more

Area Manager in Ludhiana

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......

Skill development - Good

+3 more

Dislikes

Compensation and payout for channel partner.

Relationship Manager in Bhandara

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.

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.

Salary - Bad

+6 more

Relationship Manager in Dhanbad

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.

Salary - Poor

+6 more

Regional Manager in Siliguri

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.

see more salary related reviews

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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 Union Dai-ichi Life Insurance Area Manager Salary FAQs

What is the salary of Area Manager at Star Union Dai-ichi Life Insurance in Chennai?

The average salary of a Area Manager at Star Union Dai-ichi Life Insurance in Chennai typically ranges from ₹10.6 Lakhs to ₹12.0 Lakhs per year, depending on experience (from 14 years to 17 years).

The top 10% of Area Manager in Chennai at Star Union Dai-ichi Life Insurance earn more than ₹12.0 Lakhs per year, and the top 1% earn over ₹12.0 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 4 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 Chennai?

The estimated take-home salary of a Area Manager at Star Union Dai-ichi Life Insurance in Chennai typically ranges from ₹82,883 to ₹85,047 per month. This is based on the average salary range of ₹10.6 Lakhs to ₹12.0 Lakhs per year for employees with experience ranging from 14 years to 17 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 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 in Chennai?

To be a Area Manager at Star Union Dai-ichi Life Insurance in Chennai, 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?

Kotak Mahindara Life Insurance

₹10.0 Lakhs to ₹14.0 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 Chennai?

The salary of a Area Manager at companies similar to Star Union Dai-ichi Life Insurance in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Tata AIA Life Insurance	₹7.3 Lakhs to ₹12.4 Lakhs per year
Aviva Life Insurance India	₹8.5 Lakhs to ₹11.2 Lakhs per year
Bajaj Allianz Life Insurance	₹6.0 Lakhs to ₹12.5 Lakhs per year
ICICI Prudential Life Insurance	₹7.2 Lakhs to ₹12.0 Lakhs per year
Tata AIG	₹6.3 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 Chennai?

The salary growth for a Area Manager at Star Union Dai-ichi Life Insurance in Chennai depends on factors such as experience, performance, and promotions. On average, a Area Manager in Chennai can expect the following growth trajectory at Star Union Dai-ichi Life Insurance:

Experience	Average Salary Range
14 years	₹10.1 Lakhs to ₹13.0 Lakhs per year
15 years	₹12.0 Lakhs to ₹21.9 Lakhs per year

and so on.

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Star Union Dai-ichi Life Insurance Area Manager Salaries in Chennai

Star Union Dai-ichi Life Insurance Area Manager salary in Chennai ranges between ₹10.6 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Star Union Dai-ichi Life Insurance latest salaries received from various employees of Star Union Dai-ichi Life Insurance.

Star Union Dai-ichi Life Insurance Area Manager salaries in Chennai

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

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

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

Similar Designation salaries in Star Union Dai-ichi Life Insurance

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

Salary related reviews for Star Union Dai-ichi Life Insurance

Area Manager in Mumbai

Area Manager in Ludhiana

Relationship Manager in Bhandara

Relationship Manager in Dhanbad

Regional Manager in Siliguri

Star Union Dai-ichi Life Insurance Area Manager Salary FAQs

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