Star Union Dai-ichi Life Insurance Mumbai Area Manager Salaries by 9 Employees (Updated 2025)

12 - 18 years exp.

₹8 Lakhs - ₹16.5 Lakhs

Salary of majority employees

20% more than the average Area Manager Salary in Insurance Companies for 12 - 18 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

BFSI, Investments & Trading Area Manager Salary 13 - 18 years exp. (6 salaries)	₹8 L/yr - ₹16.5 L/yr
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Sales & Business Development Area Manager Salary 18 years exp. (AmbitionBox Estimate)	₹9.8 L/yr - ₹15.3 L/yr

Last Updated: 31 May 2024

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

Star Union Dai-ichi Life Insurance Area Manager Salary

12 - 18 years exp. (9 salaries)

₹8 L/yr - ₹16.5 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Area Manager Salary 1 - 17 years exp. (48 salaries)	₹7 L/yr - ₹12 L/yr 21% less	22 job openings
SBI Life Insurance Company Area Manager Salary 6 - 18 years exp. (16 salaries)	₹7.5 L/yr - ₹14.2 L/yr 18% less
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Axis Max Life Insurance Area Manager Salary 7 - 15 years exp. (28 salaries)	₹5 L/yr - ₹13.1 L/yr 31% less	1 job opening
Bajaj Allianz Life Insurance Area Manager Salary 7 - 13 years exp. (11 salaries)	₹5 L/yr - ₹13 L/yr 23% less
Reliance Nippon Life Insurance Area Manager Salary 13 - 17 years exp. (4 salaries)	₹13 L/yr - ₹17 L/yr 12% more
Aditya Birla Sun Life Insurance Area Manager Salary 3 - 10 years exp. (30 salaries)	₹5.3 L/yr - ₹9 L/yr 44% less
Tata AIA Life Insurance Area Manager Salary 6 - 16 years exp. (20 salaries)	₹6 L/yr - ₹17.7 L/yr 9% less	7 job openings
ICICI Lombard General Insurance Company Area Manager Salary 3 - 14 years exp. (17 salaries)	₹6.8 L/yr - ₹18.5 L/yr 17% more
Niva Bupa Health Insurance Company Area Manager Salary 10 - 17 years exp. (12 salaries)	₹8 L/yr - ₹15 L/yr 12% less
Aviva Life Insurance India Area Manager Salary 7 - 20 years exp. (6 salaries)	₹9 L/yr - ₹12 L/yr 13% less
Cholamandalam MS General Insurance Area Manager Salary 9 - 15 years exp. (4 salaries)	₹8.3 L/yr - ₹12 L/yr 24% less
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Reliance General Insurance Area Manager Salary 10 - 18 years exp. (4 salaries)	₹7.6 L/yr - ₹21 L/yr 13% more
HDFC Ergo General Insurance Area Manager Salary 5 - 12 years exp. (3 salaries)	₹7.1 L/yr - ₹11.4 L/yr 28% less

Area Manager salary at Star Union Dai-ichi Life Insurance ranges between ₹8 Lakhs to ₹16.5 Lakhs per year for employees with experience between 12 years to 18 years. Salary estimates are based on 9 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 Mumbai

Last Updated: 31 May 2024

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹12 L/yr
13 years (AmbitionBox Estimate)	₹8 L/yr - ₹21.3 L/yr
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14 years (AmbitionBox Estimate)	₹10.9 L/yr - ₹14 L/yr
15+ years (7 salaries)	₹10 L/yr - ₹16.5 L/yr

Similar Designation salaries in Star Union Dai-ichi Life Insurance

Deputy Manager Salary

(59 salaries)

₹4.8 L/yr - ₹11 L/yr

Territory Manager Salary

(7 salaries)

₹6.84 L/yr - ₹8.95 L/yr

Marketing Manager Salary

(3 salaries)

₹8.8 L/yr - ₹12.5 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

1.0

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 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.

Relationship Manager in Mumbai

Full Time

Sales & Business Development Department

3.0

• posted on 03 Dec 2024

2.0

for Salary and Benefits

Likes

On time salary flexible timings

Work-life balance - Good

Dislikes

Too much pressure on employee for sale branches and staff will not support at banks seniors call u again and again call u to far away on saturday meeting. Always take strict reviews not good plans comapny having. I didnt like work culture and distance meetings 😪 manager will not help in terms of calls and business everything you have Baer plus freelook took 60 days no one will help u have to face customer and being ridiculously embbarse

Salary - Poor

+5 more

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1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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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 Mumbai?

Area Manager salary at Star Union Dai-ichi Life Insurance in Mumbai ranges between ₹8.0 Lakhs to ₹16.5 Lakhs for experience between 12 years to 18 years. According to our estimates it is 20% more than the average Area Manager Salary in India. Salary estimates are based on 9 latest salaries received from various employees of Star Union Dai-ichi Life Insurance Mumbai.

How does the salary of a Area Manager at Star Union Dai-ichi Life Insurance Mumbai compare with the average salary range for this job?

The average salary of a Area Manager at Star Union Dai-ichi Life Insurance is 20% more than the average salary of a Area Manager in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Area Manager at Star Union Dai-ichi Life Insurance?

Life Insurance, Bancassurance, banca, bfsi and General Insurance are some of the popular skills required to work as a Area Manager at Star Union Dai-ichi Life Insurance Mumbai.

Which similar companies are paying more than Star Union Dai-ichi Life Insurance to a Area Manager in Mumbai?

ICICI Lombard General Insurance Company Area Manager Salary - ₹6.8 Lakhs to ₹18.5 Lakhs per year
Reliance General Insurance Area Manager Salary - ₹7.6 Lakhs to ₹21.0 Lakhs per year
Reliance Nippon Life Insurance Area Manager Salary - ₹13.0 Lakhs to ₹17.0 Lakhs per year

What is the salary of a Area Manager in companies similar to Star Union Dai-ichi Life Insurance in Mumbai?

Tata AIA Life Insurance Area Manager Salary - ₹6.0 Lakhs to ₹17.7 Lakhs per year
Niva Bupa Health Insurance Company Area Manager Salary - ₹8.0 Lakhs to ₹15.0 Lakhs per year
Aviva Life Insurance India Area Manager Salary - ₹9.0 Lakhs to ₹12.0 Lakhs per year
SBI Life Insurance Company Area Manager Salary - ₹7.5 Lakhs to ₹14.2 Lakhs per year
ICICI Prudential Life Insurance Area Manager Salary - ₹7.0 Lakhs to ₹12.0 Lakhs per year

What is the estimated take home salary of a Area Manager at Star Union Dai-ichi Life Insurance in Mumbai?

The estimated take-home salary of a Area Manager at Star Union Dai-ichi Life Insurance ranges between ₹88,560 per month to ₹90,884 per month in Mumbai. The take-home salary calculation is based on the average Star Union Dai-ichi Life Insurance Area Manager salary in India which ranges between ₹8.0 Lakhs to ₹16.5 Lakhs per year for employees with experience between 12 years to 18 years. Check how did we calculate take home salary?

What is the notice period for Area Manager at Star Union Dai-ichi Life Insurance in Mumbai?

According to AmbitionBox, 43% of the Star Union Dai-ichi Life Insurance Area Managers in Mumbai reported a notice period of 15 days or less, 28% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 7 responses on AmbitionBox in last 2 years.

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

Star Union Dai-ichi Life Insurance Area Manager salary in Mumbai ranges between ₹8 Lakhs to ₹16.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 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 Mumbai

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

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

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

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 Dhanbad

Regional Manager in Siliguri

Relationship Manager in Mumbai

Star Union Dai-ichi Life Insurance Area Manager Salary FAQs

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