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Star Union Dai-ichi Life Insurance Life Insurance Manager salaries in India

Annual salary range
3 - 5 years exp.
₹2.1 Lakhs - ₹4.2 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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11% less than the average Life Insurance Manager Salary in Insurance Companies for 3 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Life Insurance Manager Salary
4 years exp. (AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.6 L/yr

Customer Success, Service & Operations
Life Insurance Manager Salary
4 years exp. (AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.4 L/yr

Healthcare & Life Sciences
Life Insurance Manager Salary
5 years exp. (AmbitionBox Estimate)
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₹2.8 L/yr - ₹3.5 L/yr

Last Updated: 26 Dec 2024

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

Company name Avg Annual Salary Open Jobs
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HDFC Life Life Insurance Manager Salary

1 - 7 years exp. (25 salaries)

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₹3 L/yr - ₹5.2 L/yr

arrow icon 14% more
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₹3 L/yr - ₹6.3 L/yr

arrow icon 40% more
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PNB MetLife Life Insurance Manager Salary

0 - 8 years exp. (12 salaries)

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₹1.2 L/yr - ₹4.5 L/yr

arrow icon 11% more
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₹3.1 L/yr - ₹4.5 L/yr

arrow icon 10% more
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₹2.4 L/yr - ₹3.8 L/yr

arrow icon 6% more
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₹2.8 L/yr - ₹5.5 L/yr

arrow icon 14% more
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₹4 L/yr - ₹4.5 L/yr

arrow icon 37% more
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₹3.8 L/yr - ₹4.5 L/yr

arrow icon 23% more
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₹3 L/yr - ₹5 L/yr

arrow icon 15% more
Life Insurance Manager salary at Star Union Dai-ichi Life Insurance ranges between ₹2.1 Lakhs to ₹4.2 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Star Union Dai-ichi Life Insurance.

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

2mo ago
₹4.2 Lakhs
4 years exp.
8mo ago
₹4 Lakhs
4 years exp.
9mo ago
₹3.2 Lakhs
5 years exp.
1y ago
₹2.1 Lakhs
3 years exp.

Experience wise Star Union Dai-ichi Life Insurance Life Insurance Manager salaries

Last Updated: 26 Dec 2024

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹2.1 L/yr - ₹4.5 L/yr
4 years (AmbitionBox Estimate)

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₹1.3 L/yr - ₹4.2 L/yr
5 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹6.9 L/yr

Similar Designation salaries in Star Union Dai-ichi Life Insurance

Branch Manager Salary
(42 salaries)
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₹5.5 L/yr - ₹11.5 L/yr
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₹6.04 L/yr - ₹10.14 L/yr
Area Manager Salary
(64 salaries)
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₹7.8 L/yr - ₹17.05 L/yr
Deputy Manager Salary
(101 salaries)
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₹3.8 L/yr - ₹12.27 L/yr
Territory Manager Salary
(172 salaries)
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₹4.4 L/yr - ₹11.06 L/yr
Sales Manager Salary
(31 salaries)
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₹2.4 L/yr - ₹5.2 L/yr
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₹2.7 L/yr - ₹3.8 L/yr
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₹2.2 L/yr - ₹5.2 L/yr
Branch Sales Manager Salary
(AmbitionBox Estimate)
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₹6.8 L/yr - ₹8.7 L/yr
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₹5 L/yr - ₹11 L/yr

Salary related reviews for Star Union Dai-ichi Life Insurance

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.

read more

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.

read more
  • Salary - Bad
  • +6 more

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.

read more
  • Salary - Poor
  • +6 more

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

read more
  • Salary - Poor
  • +5 more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 12 Oct 2024

5.0
 for  Salary and Benefits

Likes

The company is good in all respects. The salary comes on time. I never had to face any problem.

read more
  • Salary - Excellent
  • +3 more

Dislikes

Whatever the problem was, it was that there was no schedule for the meetings, whenever the meeting felt like it, the online meeting would start, I personally did not find this method right and one more thing was putting pressure on the employees and increasing the workload.

read more

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 30 Dec 2024

2.0
 for  Salary and Benefits

Likes

In sud life training, bank branches are good

Dislikes

Work culture hirechy is not good, salary not happened every month, they hold salary, without our intimation they transfer suddenly, they used abbusing words

read more
  • Salary - Poor
  • +4 more
see more salary related reviews

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Star Union Dai-ichi Life Insurance Life Insurance Manager Salary FAQs

What is the salary of Life Insurance Manager at Star Union Dai-ichi Life Insurance ?
The average salary of a Life Insurance Manager at Star Union Dai-ichi Life Insurance in India typically ranges from ₹2.1 Lakhs to ₹4.2 Lakhs per year, depending on experience (from 3 years to 5 years).

The top 10% of Life Insurance Manager at Star Union Dai-ichi Life Insurance earn more than ₹4.2 Lakhs per year, and the top 1% earn over ₹4.2 Lakhs per year. Life Insurance 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 Life Insurance Manager at Star Union Dai-ichi Life Insurance in India?
The estimated take-home salary of a Life Insurance Manager at Star Union Dai-ichi Life Insurance in India typically ranges from ₹22,852 to ₹24,322 per month. This is based on the average salary range of ₹2.1 Lakhs to ₹4.2 Lakhs per year for employees with experience ranging from 3 years to 5 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.
Which companies offer higher salaries than Star Union Dai-ichi Life Insurance for Life Insurance Manager in India?
Tata AIA Life Insurance ₹3.0 Lakhs to ₹6.3 Lakhs per year
Canara HSBC Life Insurance ₹4.0 Lakhs to ₹4.5 Lakhs per year
Aditya Birla Sun Life Insurance ₹3.8 Lakhs to ₹4.5 Lakhs per year
SBI Life Insurance Company ₹3.0 Lakhs to ₹5.0 Lakhs per year
HDFC Life ₹3.0 Lakhs to ₹5.2 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 Life Insurance Manager in companies similar to Star Union Dai-ichi Life Insurance in India?
The salary of a Life Insurance Manager at companies similar to Star Union Dai-ichi Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Axis Max Life Insurance ₹2.8 Lakhs to ₹5.5 Lakhs per year
PNB MetLife ₹1.2 Lakhs to ₹4.5 Lakhs per year
Bajaj Allianz Life Insurance ₹3.1 Lakhs to ₹4.5 Lakhs per year
ICICI Prudential Life Insurance ₹2.4 Lakhs to ₹3.8 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 Life Insurance Manager at Star Union Dai-ichi Life Insurance in India?
The salary growth for a Life Insurance Manager at Star Union Dai-ichi Life Insurance depends on factors such as experience, performance, and promotions. On average, a Life Insurance Manager can expect the following growth trajectory at Star Union Dai-ichi Life Insurance:

Experience Average Salary Range
3 years ₹2.1 Lakhs to ₹4.5 Lakhs per year
4 years ₹1.3 Lakhs to ₹4.2 Lakhs per year
5 years ₹3.2 Lakhs to ₹6.9 Lakhs per year
and so on.

Tell us how to improve this page.

Star Union Dai-ichi Life Insurance Life Insurance Manager salary in India ranges between ₹2.1 Lakhs to ₹4.2 Lakhs with an average annual salary of ₹unlock blur. 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.