Star Union Dai-ichi Life Insurance BDM Salaries by 5 Employees (Updated 2024)

1 - 5 years exp.

₹2 Lakhs - ₹5 Lakhs

Salary of majority employees

26% less than the average BDM Salary in Insurance Companies for 1 - 5 years of experience

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Last Updated: 9 Aug 2023

Companies similar to Star Union Dai-ichi Life Insurance for BDM

Company name	Avg Annual Salary	Open Jobs
Life Insurance Corporation of India BDM Salary 0 - 6 years exp. (4 salaries)	₹1.8 L/yr - ₹3.5 L/yr 30% less
HDFC Life BDM Salary 0 - 9 years exp. (192 salaries)	₹2 L/yr - ₹4.5 L/yr 14% less
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ICICI Prudential Life Insurance BDM Salary 1 - 4 years exp. (3 salaries)	₹3 L/yr - ₹3.5 L/yr 22% less
SBI Life Insurance Company BDM Salary 2 - 10 years exp. (53 salaries)	₹1.9 L/yr - ₹6.5 L/yr 19% more
Max Life Insurance BDM Salary 1 - 12 years exp. (6 salaries)	₹3.2 L/yr - ₹7.2 L/yr 32% more
Bajaj Allianz Life Insurance BDM Salary 1 - 13 years exp. (28 salaries)	₹3 L/yr - ₹5.2 L/yr 9% more
Kotak Mahindara Life Insurance BDM Salary 0 - 17 years exp. (4 salaries)	₹4.5 L/yr - ₹8.8 L/yr 80% more
Reliance Nippon Life Insurance BDM Salary 3 - 9 years exp. (5 salaries)	₹3.2 L/yr - ₹4.5 L/yr 1% less
Tata AIA Life Insurance BDM Salary 3 - 11 years exp. (5 salaries)	₹2.8 L/yr - ₹3.3 L/yr 23% less
SBI General Insurance BDM Salary 2 - 8 years exp. (40 salaries)	₹2 L/yr - ₹4.8 L/yr 11% less
Tata AIG BDM Salary 2 - 9 years exp. (7 salaries)	₹2 L/yr - ₹5.3 L/yr 20% less
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Canara HSBC Life Insurance BDM Salary 0 - 17 years exp. (5 salaries)	₹3.2 L/yr - ₹7 L/yr 32% more
ICICI Lombard General Insurance Company BDM Salary 4 - 10 years exp. (4 salaries)	₹1.9 L/yr - ₹6.6 L/yr 6% less
Cholamandalam MS General Insurance BDM Salary 4 - 8 years exp. (4 salaries)	₹2.8 L/yr - ₹10 L/yr 78% more
ManipalCigna Health Insurance BDM Salary 1 - 13 years exp. (4 salaries)	₹3.4 L/yr - ₹3.9 L/yr 6% less

BDM salary at Star Union Dai-ichi Life Insurance ranges between ₹2 Lakhs to ₹5 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 5 latest salaries received from various employees of Star Union Dai-ichi Life Insurance.

Experience wise Star Union Dai-ichi Life Insurance BDM salaries

Last Updated: 9 Aug 2023

Experience	Avg Annual Salary
1 year (3 salaries)	₹2 L/yr - ₹6.2 L/yr
2 years (AmbitionBox Estimate)	₹2 L/yr - ₹6.7 L/yr
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3 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.5 L/yr
4 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
5 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹5 L/yr

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Salary related reviews for Star Union Dai-ichi Life Insurance

Senior Team Member in Navi Mumbai

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 26 Nov 2024

3.0

for Salary and Benefits

Likes

The people here support eachother and work. As company is still at growing stage it helps the young people like us to grab opportunities to learn and grow along with the company.

Dislikes

Some policies regarding transfer wherein our salary did not get revised only we got add on allowances. However revisions of salary will be crucial as it will help us with our personal growth and also help us earn more bonus.

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

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.

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.

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......

Dislikes

Compensation and payout for channel partner.

AVP in Kochi

Administration Department

5.0

• posted on 25 Dec 2019

3.0

for Salary and Benefits

Likes

Work environment was good. But I personally felt that lot of politics as usual was present here also.

Dislikes

cutting existing salary of staff who were trained by me with lot of effort and then taking staff at high CTC , often hired from other companies where the present executives worked.

see more salary related reviews

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Star Union Dai-ichi Life Insurance BDM Salary FAQs

What is the salary of BDM at Star Union Dai-ichi Life Insurance?

BDM salary at Star Union Dai-ichi Life Insurance in India ranges between ₹2.0 Lakhs to ₹5.0 Lakhs for experience between 1 years to 5 years. According to our estimates it is 26% less than the average BDM Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Star Union Dai-ichi Life Insurance India.

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

The average salary of a BDM at Star Union Dai-ichi Life Insurance is 26% less than the average salary of a BDM in India. To know exact salary insights, login to view.

Which similar companies are paying more than Star Union Dai-ichi Life Insurance to a BDM in India?

Kotak Mahindara Life Insurance BDM Salary - ₹4.5 Lakhs to ₹8.8 Lakhs per year
Cholamandalam MS General Insurance BDM Salary - ₹2.8 Lakhs to ₹10.0 Lakhs per year
Max Life Insurance BDM Salary - ₹3.2 Lakhs to ₹7.2 Lakhs per year
Canara HSBC Life Insurance BDM Salary - ₹3.2 Lakhs to ₹7.0 Lakhs per year
SBI Life Insurance Company BDM Salary - ₹1.9 Lakhs to ₹6.5 Lakhs per year

What is the salary of a BDM in companies similar to Star Union Dai-ichi Life Insurance in India?

Bajaj Allianz Life Insurance BDM Salary - ₹3.0 Lakhs to ₹5.2 Lakhs per year
Reliance Nippon Life Insurance BDM Salary - ₹3.2 Lakhs to ₹4.5 Lakhs per year
ICICI Lombard General Insurance Company BDM Salary - ₹1.9 Lakhs to ₹6.6 Lakhs per year
ManipalCigna Health Insurance BDM Salary - ₹3.4 Lakhs to ₹3.9 Lakhs per year
SBI General Insurance BDM Salary - ₹2.0 Lakhs to ₹4.8 Lakhs per year

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

The estimated take-home salary of a BDM at Star Union Dai-ichi Life Insurance ranges between ₹29,105 per month to ₹30,483 per month in India. The take-home salary calculation is based on the average Star Union Dai-ichi Life Insurance BDM salary in India which ranges between ₹2.0 Lakhs to ₹5.0 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?

What is the notice period for BDM at Star Union Dai-ichi Life Insurance?

According to AmbitionBox, 50% of the Star Union Dai-ichi Life Insurance BDMs reported a notice period of 1 Month, 50% reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Star Union Dai-ichi Life Insurance BDM Salaries

Star Union Dai-ichi Life Insurance BDM salary in India ranges between ₹2 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Star Union Dai-ichi Life Insurance latest salaries received from various employees of Star Union Dai-ichi Life Insurance.