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

12 - 15 years exp.

₹9.9 Lakhs - ₹11.8 Lakhs

Salary of majority employees

32% less than the average Procurement Manager Salary in Insurance Companies for 12 - 15 years of experience

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Last Updated: 15 Mar 2023

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

Company name	Avg Annual Salary	Open Jobs
HDFC Life Procurement Manager Salary 16 - 22 years exp. (4 salaries)	₹11.5 L/yr - ₹12.9 L/yr 14% more	1 job opening
Max Life Insurance Procurement Manager Salary 10 - 14 years exp. (7 salaries)	₹11 L/yr - ₹17 L/yr 32% more	1 job opening
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Kotak Mahindara Life Insurance Procurement Manager Salary 7 - 8 years exp. (3 salaries)	₹5 L/yr - ₹12.9 L/yr 20% less
Reliance Nippon Life Insurance Procurement Manager Salary 11 - 14 years exp. (4 salaries)	₹11.3 L/yr - ₹15.5 L/yr 22% more
PNB MetLife Procurement Manager Salary 10 - 14 years exp. (5 salaries)	₹10.3 L/yr - ₹13 L/yr 3% more
HDFC Ergo General Insurance Procurement Manager Salary 1 - 7 years exp. (4 salaries)	₹3.5 L/yr - ₹14.5 L/yr 23% less
SBI General Insurance Procurement Manager Salary 3 - 13 years exp. (3 salaries)	₹8.6 L/yr - ₹9.6 L/yr 15% less
Reliance General Insurance Procurement Manager Salary 10 - 13 years exp. (3 salaries)	₹6.6 L/yr - ₹7 L/yr 36% less
ManipalCigna Health Insurance Procurement Manager Salary 12 - 15 years exp. (3 salaries)	₹10.8 L/yr - ₹13.8 L/yr 13% more
Niva Bupa Health Insurance Company Procurement Manager Salary 10 - 12 years exp. (3 salaries)	₹9 L/yr - ₹11.6 L/yr At par

Procurement Manager salary at Star Union Dai-ichi Life Insurance ranges between ₹9.9 Lakhs to ₹11.8 Lakhs per year for employees with experience between 12 years to 15 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 Procurement Manager salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹11.4 L/yr
13 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹11.4 L/yr
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14 years (AmbitionBox Estimate)	₹9.6 L/yr - ₹12.3 L/yr
15+ years (AmbitionBox Estimate)	₹10.6 L/yr - ₹13.6 L/yr

Similar Designation salaries in Star Union Dai-ichi Life Insurance

Senior Manager Procurement Salary

(4 salaries)

₹14 L/yr - ₹19.5 L/yr

Distribution Executive Salary

(3 salaries)

₹2.9 L/yr - ₹3.7 L/yr

Dispatch Executive Salary

(AmbitionBox Estimate)

₹1.5 L/yr - ₹2 L/yr

Distribution Officer Salary

(AmbitionBox Estimate)

₹6 L/yr - ₹7.7 L/yr

Commercial Officer Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Procurement Executive Salary

(AmbitionBox Estimate)

₹2.4 L/yr - ₹3.1 L/yr

Salary related reviews for Star Union Dai-ichi Life Insurance

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

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.

Skill development - Excellent

+5 more

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.

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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 Procurement Manager Salary FAQs

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

Procurement Manager salary at Star Union Dai-ichi Life Insurance in India ranges between ₹9.9 Lakhs to ₹11.8 Lakhs for experience between 12 years to 15 years. According to our estimates it is 32% less than the average Procurement Manager 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 Procurement Manager at Star Union Dai-ichi Life Insurance India compare with the average salary range for this job?

The average salary of a Procurement Manager at Star Union Dai-ichi Life Insurance is 32% less than the average salary of a Procurement Manager 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 Procurement Manager in India?

Max Life Insurance Procurement Manager Salary - ₹11.0 Lakhs to ₹17.0 Lakhs per year
Reliance Nippon Life Insurance Procurement Manager Salary - ₹11.3 Lakhs to ₹15.5 Lakhs per year
HDFC Life Procurement Manager Salary - ₹11.5 Lakhs to ₹12.9 Lakhs per year
ManipalCigna Health Insurance Procurement Manager Salary - ₹10.8 Lakhs to ₹13.8 Lakhs per year
PNB MetLife Procurement Manager Salary - ₹10.3 Lakhs to ₹13.0 Lakhs per year

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

Niva Bupa Health Insurance Company Procurement Manager Salary - ₹9.0 Lakhs to ₹11.6 Lakhs per year
SBI General Insurance Procurement Manager Salary - ₹8.6 Lakhs to ₹9.6 Lakhs per year
Kotak Mahindara Life Insurance Procurement Manager Salary - ₹5.0 Lakhs to ₹12.9 Lakhs per year
HDFC Ergo General Insurance Procurement Manager Salary - ₹3.5 Lakhs to ₹14.5 Lakhs per year
Reliance General Insurance Procurement Manager Salary - ₹6.6 Lakhs to ₹7.0 Lakhs per year

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

The estimated take-home salary of a Procurement Manager at Star Union Dai-ichi Life Insurance ranges between ₹75,960 per month to ₹77,928 per month in India. The take-home salary calculation is based on the average Star Union Dai-ichi Life Insurance Procurement Manager salary in India which ranges between ₹9.9 Lakhs to ₹11.8 Lakhs per year for employees with experience between 12 years to 15 years. Check how did we calculate take home salary?

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Star Union Dai-ichi Life Insurance Procurement Manager Salaries

Star Union Dai-ichi Life Insurance Procurement Manager salary in India ranges between ₹9.9 Lakhs to ₹11.8 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.

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

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

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

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

Similar Designation salaries in Star Union Dai-ichi Life Insurance

Salary related reviews for Star Union Dai-ichi Life Insurance

Relationship Manager in Dhanbad

Regional Manager in Siliguri

Relationship Manager in Mumbai

Vice President Finance in Navi Mumbai

Senior Team Member in Navi Mumbai

Star Union Dai-ichi Life Insurance Procurement Manager Salary FAQs

Tell us how to improve this page.