Star Union Dai-ichi Life Insurance Mumbai Associate Salaries by 30+ Employees (Updated 2025)

1 - 6 years exp.

₹1.8 Lakh - ₹4.4 Lakhs

Avg. annual salary

Monthly In-hand Salary

64% less than the average Associate Salary in Insurance Companies for 1 - 6 years of experience

Interested in this particular role?

Salaries in different departments

Customer Success, Service & Operations Associate Salary 2 - 6 years exp. (10 salaries)	₹2.2 L/yr - ₹3.5 L/yr
BFSI, Investments & Trading Associate Salary 2 - 5 years exp. (4 salaries)	₹3 L/yr - ₹4.4 L/yr
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Finance & Accounting Associate Salary 1 - 4 years exp. (3 salaries)	₹1.8 L/yr - ₹3 L/yr
Risk Management & Compliance Associate Salary 2 - 3 years exp. (3 salaries)	₹2.2 L/yr - ₹3 L/yr
Human Resources Associate Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹2.8 L/yr - ₹3 L/yr

View all

Last Updated: 26 Feb 2025

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

Star Union Dai-ichi Life Insurance Associate Salary

1 - 6 years exp. (31 salaries)

₹1.8 L/yr - ₹4.4 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Associate Salary 0 - 7 years exp. (138 salaries)	₹2 L/yr - ₹4 L/yr 21% more
HDFC Life Associate Salary 0 - 3 years exp. (127 salaries)	₹1 L/yr - ₹3.2 L/yr 29% less
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HDFC Ergo General Insurance Associate Salary 1 - 8 years exp. (59 salaries)	₹1.8 L/yr - ₹5.2 L/yr 32% more
Tata AIG Associate Salary 0 - 6 years exp. (44 salaries)	₹1.8 L/yr - ₹3 L/yr 21% less
SBI Life Insurance Company Associate Salary 1 - 6 years exp. (28 salaries)	₹1.1 L/yr - ₹4.5 L/yr 14% less
Kotak Mahindara Life Insurance Associate Salary 0 - 6 years exp. (28 salaries)	₹1.3 L/yr - ₹2.6 L/yr 29% less
ICICI Lombard General Insurance Company Associate Salary 0 - 5 years exp. (20 salaries)	₹1.1 L/yr - ₹3.3 L/yr 13% less
Aditya Birla Sun Life Insurance Associate Salary 1 - 5 years exp. (13 salaries)	₹1.7 L/yr - ₹3 L/yr 11% less
Tata AIA Life Insurance Associate Salary 1 - 6 years exp. (5 salaries)	₹2 L/yr - ₹4.4 L/yr 17% more
Axis Max Life Insurance Associate Salary 3 - 5 years exp. (3 salaries)	₹2.2 L/yr - ₹3.5 L/yr 6% more

Associate salary at Star Union Dai-ichi Life Insurance ranges between ₹1.8 Lakh to ₹4.4 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 31 latest salaries received from various employees of Star Union Dai-ichi Life Insurance.

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

1mo ago

₹1.8 Lakh

3 years exp.

2mo ago

₹1.8 Lakh

3 years exp.

3mo ago

₹3.5 Lakhs

5 years exp.

4mo ago

₹2.4 Lakhs

1 year exp.

4mo ago

₹3.7 Lakhs

2 years exp.

5mo ago

2 years exp.

5mo ago

1 year exp.

6mo ago

3 years exp.

6mo ago

2 years exp.

8mo ago

4 years exp.

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

Last Updated: 26 Feb 2025

Experience	Avg Annual Salary
1 year (6 salaries)	₹2 L/yr - ₹4 L/yr
2 years (6 salaries)	₹2.5 L/yr - ₹3.7 L/yr
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3 years (9 salaries)	₹1.8 L/yr - ₹3.7 L/yr
4 years (6 salaries)	₹2.2 L/yr - ₹3.5 L/yr
5 years (3 salaries)	₹1.2 L/yr - ₹4.4 L/yr
6 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr

View all

Similar Designation salaries in Star Union Dai-ichi Life Insurance

Senior Associate Salary

(21 salaries)

₹2.9 L/yr - ₹5 L/yr

Top skills at Star Union Dai-ichi Life Insurance for Associate

Excel Claims Sales Support Finance Documentation

Salary related reviews for Star Union Dai-ichi Life Insurance

2.6

Rated by 3 employees for salary & benefits

Team Lead in Navi Mumbai

Contractual

Customer Success, Service & Operations Department

2.0

• posted on 30 Oct 2023

1.0

for Salary and Benefits

Likes

One thing is best is abhay tiwari down to earth person. Sud life is good company.managment is least bother about their work.

Company culture - Good

Dislikes

No mangement, least bother for contrual employee, no benefit, less salary more work for contract employee but pay roll less work and more salary best example satyam parkar from customer engagement team and email process both the process he made it horrible.

Salary - Bad

+5 more

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.

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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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 Union Dai-ichi Life Insurance Associate Salary FAQs

What is the salary of Associate at Star Union Dai-ichi Life Insurance in Mumbai?

The average salary of a Associate at Star Union Dai-ichi Life Insurance in Mumbai typically ranges from ₹1.8 Lakhs to ₹4.4 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Associate in Mumbai at Star Union Dai-ichi Life Insurance earn more than ₹3.7 Lakhs per year, and the top 1% earn over ₹4.4 Lakhs per year. Associate 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 30+ Star Union Dai-ichi Life Insurance employees in India.

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

The estimated take-home salary of a Associate at Star Union Dai-ichi Life Insurance in Mumbai typically ranges from ₹20,747 to ₹22,399 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹4.4 Lakhs per year for employees with experience ranging from 1 year to 6 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 30+ 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 Associate at Star Union Dai-ichi Life Insurance in Mumbai?

To be a Associate at Star Union Dai-ichi Life Insurance in Mumbai, the key skills required include:

- Excel
- Claims
- Sales Support
- Finance
- Documentation

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 Associate in India?

HDFC Ergo General Insurance	₹1.8 Lakhs to ₹5.2 Lakhs per year
ICICI Prudential Life Insurance	₹2.0 Lakhs to ₹4.0 Lakhs per year
Tata AIA Life Insurance	₹2.0 Lakhs to ₹4.4 Lakhs per year
Axis Max Life Insurance	₹2.2 Lakhs to ₹3.5 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 Associate in companies similar to Star Union Dai-ichi Life Insurance in Mumbai?

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

Aditya Birla Sun Life Insurance	₹1.7 Lakhs to ₹3.0 Lakhs per year
ICICI Lombard General Insurance Company	₹1.1 Lakhs to ₹3.3 Lakhs per year
SBI Life Insurance Company	₹1.1 Lakhs to ₹4.5 Lakhs per year
Tata AIG	₹1.8 Lakhs to ₹3.0 Lakhs per year
Kotak Mahindara Life Insurance	₹1.3 Lakhs to ₹2.6 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 Associate at Star Union Dai-ichi Life Insurance in Mumbai?

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

Experience	Average Salary Range
1 year	₹2.0 Lakhs to ₹4.0 Lakhs per year
2 years	₹2.5 Lakhs to ₹3.7 Lakhs per year
3 years	₹1.8 Lakhs to ₹3.7 Lakhs per year
4 years	₹2.2 Lakhs to ₹3.5 Lakhs per year

and so on.

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Star Union Dai-ichi Life Insurance Associate Salaries in Mumbai

Star Union Dai-ichi Life Insurance Associate salary in Mumbai ranges between ₹1.8 Lakh to ₹4.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 31 Star Union Dai-ichi Life Insurance latest salaries received from various employees of Star Union Dai-ichi Life Insurance.