Star Union Dai-ichi Life Insurance Mumbai Management Trainee Salaries by 10+ Employees (Updated 2025)

0 - 2 years exp.

₹4.5 Lakhs - ₹19 Lakhs

Avg. annual salary

Monthly In-hand Salary

21% more than the average Management Trainee Salary in Insurance Companies for 0 - 2 years of experience

Interested in this particular role?

Salaries in different departments

Project & Program Management Management Trainee Salary Fresher (3 salaries)	₹11 L/yr - ₹19 L/yr
BFSI, Investments & Trading Management Trainee Salary Fresher (AmbitionBox Estimate)	₹4.5 L/yr - ₹10.4 L/yr
Login to view exact salary
Data Science & Analytics Management Trainee Salary Fresher (AmbitionBox Estimate)	₹10.2 L/yr - ₹13 L/yr
Finance & Accounting Management Trainee Salary 1 year exp. (AmbitionBox Estimate)	₹6.1 L/yr - ₹10 L/yr
Sales & Business Development Management Trainee Salary 1 year exp. (AmbitionBox Estimate)	₹10.2 L/yr - ₹12.6 L/yr

Last Updated: 1 Apr 2025

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

Star Union Dai-ichi Life Insurance Management Trainee Salary

0 - 2 years exp. (12 salaries)

₹4.5 L/yr - ₹19 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Management Trainee Salary 0 - 4 years exp. (78 salaries)	₹5 L/yr - ₹15 L/yr 6% less
Tata AIG Management Trainee Salary 0 - 5 years exp. (53 salaries)	₹4.2 L/yr - ₹15.4 L/yr 9% less
Login to view exact salary
ICICI Lombard General Insurance Company Management Trainee Salary 0 - 2 years exp. (43 salaries)	₹4.2 L/yr - ₹10.4 L/yr 28% less
ICICI Prudential Life Insurance Management Trainee Salary 0 - 2 years exp. (42 salaries)	₹5 L/yr - ₹8 L/yr 39% less
Tata AIA Life Insurance Management Trainee Salary 0 - 5 years exp. (32 salaries)	₹9 L/yr - ₹20 L/yr 31% more
Kotak Mahindara Life Insurance Management Trainee Salary 0 - 3 years exp. (24 salaries)	₹3 L/yr - ₹7 L/yr 61% less	1 job opening
Reliance General Insurance Management Trainee Salary 0 - 2 years exp. (23 salaries)	₹4.5 L/yr - ₹7.5 L/yr 41% less
Bajaj Allianz Life Insurance Management Trainee Salary 0 - 3 years exp. (10 salaries)	₹4 L/yr - ₹8.3 L/yr 39% less
Aditya Birla Sun Life Insurance Management Trainee Salary 0 - 2 years exp. (8 salaries)	₹7 L/yr - ₹15 L/yr 8% less
SBI General Insurance Management Trainee Salary 1 - 4 years exp. (6 salaries)	₹9 L/yr - ₹10 L/yr 14% less
SBI Life Insurance Company Management Trainee Salary 0 - 3 years exp. (6 salaries)	₹5.3 L/yr - ₹10.5 L/yr 28% less
Login to view exact salary
Magma HDI General Insurance Management Trainee Salary 0 - 1 year exp. (5 salaries)	₹6 L/yr - ₹8 L/yr 43% less
HDFC Ergo General Insurance Management Trainee Salary 0 - 2 years exp. (5 salaries)	₹6 L/yr - ₹14.8 L/yr 5% more
Axis Max Life Insurance Management Trainee Salary 2 - 4 years exp. (3 salaries)	₹21.2 L/yr - ₹22 L/yr 90% more
Cholamandalam MS General Insurance Management Trainee Salary 0 - 1 year exp. (3 salaries)	₹3.5 L/yr - ₹5 L/yr 59% less

Management Trainee salary at Star Union Dai-ichi Life Insurance ranges between ₹4.5 Lakhs to ₹19 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 12 latest salaries received from various employees of Star Union Dai-ichi Life Insurance.

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

1w ago

₹16 Lakhs

2 years exp.

1mo ago

₹13 Lakhs

5 months exp.

1mo ago

₹13 Lakhs

1 year exp.

4mo ago

₹11 Lakhs

1 month exp.

11mo ago

₹13 Lakhs

1 month exp.

1y ago

8 months exp.

1y ago

7 months exp.

1y ago

5 months exp.

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

Last Updated: 1 Apr 2025

Experience	Avg Annual Salary
Fresher (7 salaries)	₹4.5 L/yr - ₹18 L/yr
1 year (3 salaries)	₹4.5 L/yr - ₹13 L/yr
Login to view exact salary
2 years (AmbitionBox Estimate)	₹11.1 L/yr - ₹14.2 L/yr

Similar Designation salaries in Star Union Dai-ichi Life Insurance

Deputy Manager Salary

(58 salaries)

₹4.8 L/yr - ₹11 L/yr

Senior Associate Salary

(21 salaries)

₹2.9 L/yr - ₹5 L/yr

Finance Executive Salary

(3 salaries)

₹2.7 L/yr - ₹3.6 L/yr

Top skills at Star Union Dai-ichi Life Insurance for Management Trainee

Power Point Presentation Coordination Skills Communication Skills Inventory Control Training Management Operations Management Administration Negotiation P Verbal Communication Presentation Skills Performance Management Employee Engagement Leadership Development Learning

Salary related reviews for Star Union Dai-ichi Life Insurance

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

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

Relationship Manager in Lucknow

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.

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.

Relationship Manager in Hubli

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

Salary - Poor

+4 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

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?

Got a question about Star Union Dai-ichi Life Insurance?

Ask anonymously on communities.

Star Union Dai-ichi Life Insurance Management Trainee Salary FAQs

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

The average salary of a Management Trainee at Star Union Dai-ichi Life Insurance in Mumbai typically ranges from ₹4.5 Lakhs to ₹19.0 Lakhs per year, depending on experience (from Fresher to 2 years).

The top 10% of Management Trainee in Mumbai at Star Union Dai-ichi Life Insurance earn more than ₹19.0 Lakhs per year, and the top 1% earn over ₹19.0 Lakhs per year. Management Trainee 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 10+ Star Union Dai-ichi Life Insurance employees in India.

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

The estimated take-home salary of a Management Trainee at Star Union Dai-ichi Life Insurance in Mumbai typically ranges from ₹79,964 to ₹82,046 per month. This is based on the average salary range of ₹4.5 Lakhs to ₹19.0 Lakhs per year for employees with experience ranging from Fresher to 2 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 10+ 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 Management Trainee at Star Union Dai-ichi Life Insurance in Mumbai?

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

- Power Point Presentation
- Coordination Skills
- Communication Skills
- Inventory Control
- Training Management

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 Management Trainee in India?

Axis Max Life Insurance	₹21.2 Lakhs to ₹22.0 Lakhs per year
Tata AIA Life Insurance	₹9.0 Lakhs to ₹20.0 Lakhs per year
HDFC Ergo General Insurance	₹6.0 Lakhs to ₹14.8 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 Management Trainee in companies similar to Star Union Dai-ichi Life Insurance in Mumbai?

The salary of a Management Trainee 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:

HDFC Life	₹5.0 Lakhs to ₹15.0 Lakhs per year
Aditya Birla Sun Life Insurance	₹7.0 Lakhs to ₹15.0 Lakhs per year
Tata AIG	₹4.2 Lakhs to ₹15.4 Lakhs per year
SBI General Insurance	₹9.0 Lakhs to ₹10.0 Lakhs per year
SBI Life Insurance Company	₹5.3 Lakhs to ₹10.5 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 Management Trainee at Star Union Dai-ichi Life Insurance in Mumbai?

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

Experience	Average Salary Range
Fresher	₹4.5 Lakhs to ₹18.0 Lakhs per year
1 year	₹4.5 Lakhs to ₹13.0 Lakhs per year
2 years	₹11.1 Lakhs to ₹14.2 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
Star Union Dai-ichi Life Insurance Salaries >
Star Union Dai-ichi Life Insurance Management Trainee Salaries >
Star Union Dai-ichi Life Insurance Management Trainee Salaries in Mumbai

Star Union Dai-ichi Life Insurance Management Trainee salary in Mumbai ranges between ₹4.5 Lakhs to ₹19 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 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 Management Trainee salaries in Mumbai (Updated 2025)

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

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

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

Similar Designation salaries in Star Union Dai-ichi Life Insurance

Top skills at Star Union Dai-ichi Life Insurance for Management Trainee

Salary related reviews for Star Union Dai-ichi Life Insurance

Relationship Manager in Bhandara

Relationship Manager in Dhanbad

Relationship Manager in Mumbai

Relationship Manager in Lucknow

Relationship Manager in Hubli

Star Union Dai-ichi Life Insurance Management Trainee Salary FAQs

Tell us how to improve this page.