Star Union Dai-ichi Life Insurance Manager M1 Salaries by 4 Employees (Updated 2025)

8 - 18 years exp.

₹4.5 Lakhs - ₹13.1 Lakhs

Salary of majority employees

14% less than the average Manager M1 Salary in Insurance Companies for 8 - 18 years of experience

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Salaries in different departments

Customer Success, Service & Operations Manager M1 Salary 11 - 12 years exp. (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.3 L/yr
Finance & Accounting Manager M1 Salary 18 years exp. (AmbitionBox Estimate)	₹11.8 L/yr - ₹14.4 L/yr
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Sales & Business Development Manager M1 Salary 8 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5 L/yr

Last Updated: 30 Sep 2024

Companies similar to Star Union Dai-ichi Life Insurance for Manager M1

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Manager M1 Salary 1 - 12 years exp. (33 salaries)	₹6 L/yr - ₹9.5 L/yr 26% less
SBI Life Insurance Company Manager M1 Salary 2 - 17 years exp. (6 salaries)	₹8.4 L/yr - ₹11.6 L/yr 6% less
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Kotak Mahindara Life Insurance Manager M1 Salary 4 - 10 years exp. (4 salaries)	₹3.8 L/yr - ₹4.2 L/yr 60% less
Aditya Birla Sun Life Insurance Manager M1 Salary 6 - 14 years exp. (4 salaries)	₹8.4 L/yr - ₹9.3 L/yr 13% less
HDFC Ergo General Insurance Manager M1 Salary 5 - 14 years exp. (31 salaries)	₹5 L/yr - ₹14 L/yr 14% less
ICICI Lombard General Insurance Company Manager M1 Salary 2 - 3 years exp. (3 salaries)	₹6.5 L/yr - ₹6.7 L/yr 34% less
Bajaj Allianz General Insurance Manager M1 Salary 5 - 9 years exp. (3 salaries)	₹5 L/yr - ₹6.5 L/yr 45% less

Manager M1 salary at Star Union Dai-ichi Life Insurance ranges between ₹4.5 Lakhs to ₹13.1 Lakhs per year for employees with experience between 8 years to 18 years. Salary estimates are based on 4 latest salaries received from various employees of Star Union Dai-ichi Life Insurance.

Experience wise Star Union Dai-ichi Life Insurance Manager M1 salaries

Last Updated: 30 Sep 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹11.3 L/yr
9 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8.1 L/yr
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10 years (AmbitionBox Estimate)	₹7 L/yr - ₹9 L/yr
11 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹10.3 L/yr
12 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹10.3 L/yr
13 years (AmbitionBox Estimate)	₹9.1 L/yr - ₹11.7 L/yr
14 years (AmbitionBox Estimate)	₹9.8 L/yr - ₹12.5 L/yr
15+ years (AmbitionBox Estimate)	₹5 L/yr - ₹13.1 L/yr

View all

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₹3.8 L/yr - ₹13.74 L/yr

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₹14 L/yr - ₹20 L/yr

Cluster Manager Salary

(AmbitionBox Estimate)

₹4.9 L/yr - ₹6.2 L/yr

Operations Manager Salary

(AmbitionBox Estimate)

₹7.9 L/yr - ₹10.1 L/yr

Department Manager Salary

(AmbitionBox Estimate)

₹17.1 L/yr - ₹21.8 L/yr

Relationship Manager Salary

(448 salaries)

₹2.2 L/yr - ₹5.25 L/yr

Salary related reviews for Star Union Dai-ichi Life Insurance

4.0

Rated by 1 employees for salary & benefits

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

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

Salary - Bad

+5 more

see more salary related reviews

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fathersahaab

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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Star Union Dai-ichi Life Insurance Manager M1 Salary FAQs

What is the salary of Manager M1 at Star Union Dai-ichi Life Insurance?

Manager M1 salary at Star Union Dai-ichi Life Insurance in India ranges between ₹4.5 Lakhs to ₹13.1 Lakhs for experience between 8 years to 18 years. According to our estimates it is 14% less than the average Manager M1 Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Star Union Dai-ichi Life Insurance India.

How does the salary of a Manager M1 at Star Union Dai-ichi Life Insurance India compare with the average salary range for this job?

The average salary of a Manager M1 at Star Union Dai-ichi Life Insurance is 14% less than the average salary of a Manager M1 in India. To know exact salary insights, login to view.

What is the salary of a Manager M1 in companies similar to Star Union Dai-ichi Life Insurance in India?

SBI Life Insurance Company Manager M1 Salary - ₹8.4 Lakhs to ₹11.6 Lakhs per year
Aditya Birla Sun Life Insurance Manager M1 Salary - ₹8.4 Lakhs to ₹9.3 Lakhs per year
HDFC Ergo General Insurance Manager M1 Salary - ₹5.0 Lakhs to ₹14.0 Lakhs per year
ICICI Prudential Life Insurance Manager M1 Salary - ₹6.0 Lakhs to ₹9.5 Lakhs per year
ICICI Lombard General Insurance Company Manager M1 Salary - ₹6.5 Lakhs to ₹6.7 Lakhs per year

What is the estimated take home salary of a Manager M1 at Star Union Dai-ichi Life Insurance in India?

The estimated take-home salary of a Manager M1 at Star Union Dai-ichi Life Insurance ranges between ₹72,444 per month to ₹74,313 per month in India. The take-home salary calculation is based on the average Star Union Dai-ichi Life Insurance Manager M1 salary in India which ranges between ₹4.5 Lakhs to ₹13.1 Lakhs per year for employees with experience between 8 years to 18 years. Check how did we calculate take home salary?

What is the notice period for Manager M1 at Star Union Dai-ichi Life Insurance?

According to AmbitionBox, 67% of the Star Union Dai-ichi Life Insurance Manager M1s reported a notice period of 2 Months, 33% reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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Star Union Dai-ichi Life Insurance Manager M1 Salaries

Star Union Dai-ichi Life Insurance Manager M1 salary in India ranges between ₹4.5 Lakhs to ₹13.1 Lakhs with an average annual salary of ₹. 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.