Star Union Dai-ichi Life Insurance Gwalior Salaries by 20+ Employees (Updated 2025)

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BFSI, Investments & Trading Sales & Business Development

Designation	Avg Annual Salary	Open Jobs
Senior Relationship Manager 4 - 9 years exp. · Gwalior (8 salaries)	₹3.8 L/yr - ₹4.4 L/yr
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Territory Manager 10 - 11 years exp. · Gwalior (3 salaries)	₹6 L/yr - ₹7.5 L/yr
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Assistant Branch Manager 12 - 14 years exp. · Gwalior (3 salaries)	₹7 L/yr - ₹7.7 L/yr
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Area Head 14 - 15 years exp. · Gwalior (AmbitionBox Estimate)	₹10.5 L/yr - ₹11 L/yr
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Sales Officer 0 - 6 years exp. · Gwalior (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.8 L/yr
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Insurance Sales Officer 2 - 3 years exp. · Gwalior (AmbitionBox Estimate)	₹2.8 L/yr - ₹2.9 L/yr
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Credit Life Manager 1 - 4 years exp. · Gwalior (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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Territory Manager Bancassurance 19 years exp. · Gwalior (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr
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Credit Life Officer Fresher · Gwalior (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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Banking Operations Manager 10 years exp. · Gwalior (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.7 L/yr
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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Salary related reviews for Star Union Dai-ichi Life Insurance

3.8

Rated by 6 employees for salary & benefits

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

Vice President Finance in Navi Mumbai

Full Time

Finance & Accounting Department

5.0

• posted on 27 Nov 2024

4.0

for Salary and Benefits

Likes

SUD Life is one of the Company if you plan for a long term career. It's work like balance style, Employee development schemes are highly worth.

Salary - Good

+6 more

Dislikes

Salary can be bit higher to meet the average industry benchmark

see more salary related reviews

Star Union Dai-ichi Life Insurance interview questions by designations

Relationship Manager (13)Relationship Officer (7)Assistant Relationship Manager (6)Assistant Manager (5)

View all 87 interview experiences

Know more about Star Union Dai-ichi Life Insurance Gwalior

Star Union Dai-ichi Life Insurance Salary FAQs

How much does Star Union Dai-ichi Life Insurance pay to its employees?

The average annual salary at Star Union Dai-ichi Life Insurance varies depending on the role, experience, and location. The salary ranges for some popular designations at Star Union Dai-ichi Life Insurance, are as follows:

Senior Relationship Manager	₹3.8 Lakhs to ₹4.4 Lakhs per year
Territory Manager	₹6 Lakhs to ₹7.5 Lakhs per year
Assistant Branch Manager	₹7 Lakhs to ₹7.7 Lakhs per year
Area Head	₹10.5 Lakhs to ₹11 Lakhs per year

The highest-paying role, Vice President, earns between ₹48 Lakhs to ₹63 Lakhs per year. The top 10% of employees earn more than ₹14.2 Lakhs per year, and the top 1% earn over ₹38 Lakhs per year. 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 salary estimates are based on data from 25 salaries submitted by Star Union Dai-ichi Life Insurance employees. Star Union Dai-ichi Life Insurance is rated 3.8 out of 5 stars by its employees on the salary and benefits parameter.

What is the salary of a fresher at Star Union Dai-ichi Life Insurance in Gwalior?

The salary of a fresher at Star Union Dai-ichi Life Insurance in Gwalior typically ranges from ₹1.5 Lakh to ₹15.9 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:

Fresher as a Senior Insurance Officer Salary	₹2.1 Lakhs to ₹3.3 Lakhs per year
Fresher as a Relationship Manager Salary	₹2.4 Lakhs to ₹4.5 Lakhs per year
Fresher as a Sales Officer Salary	₹2.4 Lakhs to ₹3.3 Lakhs per year
Fresher as a Assistant Relationship Manager Salary	₹2.4 Lakhs to ₹3.5 Lakhs per year

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Average annual salary in Star Union Dai-ichi Life Insurance , Gwalior is INR . Salary estimates are based on 20+ Star Union Dai-ichi Life Insurance latest salaries received from various employees of Star Union Dai-ichi Life Insurance.