Star Union Dai-ichi Life Insurance Senior Manager Procurement Salaries by 4 Employees

14 - 17 years exp.

₹14 Lakhs - ₹19.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

27% less than the average Senior Manager Procurement Salary in Insurance Companies for 14 - 17 years of experience

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Last Updated: 14 Aug 2024

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

Company name	Avg Annual Salary	Open Jobs
Canara HSBC Life Insurance Senior Manager Procurement Salary 14 - 16 years exp. (5 salaries)	₹13 L/yr - ₹17 L/yr 8% less
PNB MetLife Senior Manager Procurement Salary 13 - 16 years exp. (5 salaries)	₹14.5 L/yr - ₹21.9 L/yr 11% more
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HDFC Ergo General Insurance Senior Manager Procurement Salary 11 - 14 years exp. (4 salaries)	₹13 L/yr - ₹20 L/yr 4% less
Reliance Industries Senior Manager Procurement Salary 8 - 17 years exp. (95 salaries)	₹9.8 L/yr - ₹30 L/yr 17% more
Tata Steel Senior Manager Procurement Salary 7 - 15 years exp. (47 salaries)	₹13 L/yr - ₹37 L/yr 42% more

Senior Manager Procurement salary at Star Union Dai-ichi Life Insurance ranges between ₹14 Lakhs to ₹19.5 Lakhs per year for employees with experience between 14 years to 17 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 Senior Manager Procurement salaries

Last Updated: 14 Aug 2024

Experience	Avg Annual Salary
14 years (AmbitionBox Estimate)	₹17.6 L/yr - ₹22.4 L/yr
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15+ years (3 salaries)	₹14 L/yr - ₹18 L/yr

Similar Designation salaries in Star Union Dai-ichi Life Insurance

Procurement Manager Salary

(4 salaries)

₹9.9 L/yr - ₹11.8 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 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

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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?

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

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

The average salary of a Senior Manager Procurement at Star Union Dai-ichi Life Insurance in India typically ranges from ₹14.0 Lakhs to ₹19.5 Lakhs per year, depending on experience (from 14 years to 17 years).

The top 10% of Senior Manager Procurement at Star Union Dai-ichi Life Insurance earn more than ₹19.5 Lakhs per year, and the top 1% earn over ₹19.5 Lakhs per year. Senior Manager Procurement 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 Senior Manager Procurement at Star Union Dai-ichi Life Insurance in India?

The estimated take-home salary of a Senior Manager Procurement at Star Union Dai-ichi Life Insurance in India typically ranges from ₹1,11,580 to ₹1,14,676 per month. This is based on the average salary range of ₹14.0 Lakhs to ₹19.5 Lakhs per year for employees with experience ranging from 14 years to 17 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 Senior Manager Procurement in India?

Tata Steel	₹13.0 Lakhs to ₹37.0 Lakhs per year
Reliance Industries	₹9.8 Lakhs to ₹30.0 Lakhs per year
PNB MetLife	₹14.5 Lakhs to ₹21.9 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 Senior Manager Procurement in companies similar to Star Union Dai-ichi Life Insurance in India?

The salary of a Senior Manager Procurement 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:

HDFC Ergo General Insurance	₹13.0 Lakhs to ₹20.0 Lakhs per year
Canara HSBC Life Insurance	₹13.0 Lakhs to ₹17.0 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 Senior Manager Procurement at Star Union Dai-ichi Life Insurance in India?

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

Experience	Average Salary Range
14 years	₹17.6 Lakhs to ₹22.4 Lakhs per year
15 years	₹14.0 Lakhs to ₹18.0 Lakhs per year

and so on.

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Star Union Dai-ichi Life Insurance Senior Manager Procurement Salaries

Star Union Dai-ichi Life Insurance Senior Manager Procurement salary in India ranges between ₹14 Lakhs to ₹19.5 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 Senior Manager Procurement salaries in India

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

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

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

Similar Designation salaries in Star Union Dai-ichi Life Insurance

Salary related reviews for Star Union Dai-ichi Life Insurance

Relationship Manager in Bhandara

Relationship Manager in Dhanbad

Regional Manager in Siliguri

Relationship Manager in Mumbai

Vice President Finance in Navi Mumbai

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

Tell us how to improve this page.