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Star Union Dai-ichi Life Insurance Senior Manager salaries in Mumbai (Updated 2025)

Annual salary range
2 - 17 years exp.
₹10.3 Lakhs - ₹31.5 Lakhs
Avg. annual salary
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Fixed
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Variable
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Monthly In-hand Salary

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12% less than the average Senior Manager Salary in Insurance Companies for 2 - 17 years of experience

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9 - 17 years exp. (3 salaries)
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₹18.5 L/yr - ₹31.5 L/yr

Product Management
Senior Manager Salary
15 - 17 years exp. (3 salaries)
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₹16 L/yr - ₹18.9 L/yr

Sales & Business Development
Senior Manager Salary
13 - 16 years exp. (3 salaries)
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₹12.4 L/yr - ₹18.9 L/yr

Data Science & Analytics
Senior Manager Salary
3 - 10 years exp. (AmbitionBox Estimate)
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₹12.5 L/yr - ₹25 L/yr

View all

Last Updated: 22 Mar 2025

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

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Star Union Dai-ichi Life Insurance Senior Manager Salary

2 - 17 years exp. (42 salaries)

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₹10.3 L/yr - ₹31.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹5 L/yr - ₹15 L/yr

arrow icon 48% less
4 job openings
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HDFC Life Senior Manager Salary

2 - 20 years exp. (375 salaries)

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₹7.2 L/yr - ₹26 L/yr

arrow icon 21% less
5 job openings
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₹10.7 L/yr - ₹29 L/yr

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₹4 L/yr - ₹14 L/yr

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Tata AIG Senior Manager Salary

0 - 14 years exp. (214 salaries)

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₹5.2 L/yr - ₹17.8 L/yr

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Tata AIA Life Insurance Senior Manager Salary

8 - 21 years exp. (168 salaries)

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₹10.8 L/yr - ₹40 L/yr

arrow icon 33% more
3 job openings
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₹7 L/yr - ₹24 L/yr

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₹6.9 L/yr - ₹20.5 L/yr

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₹6.5 L/yr - ₹16 L/yr

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₹12 L/yr - ₹23 L/yr

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PNB MetLife Senior Manager Salary

8 - 16 years exp. (29 salaries)

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₹10.7 L/yr - ₹23 L/yr

arrow icon 19% less
1 job opening
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SBI General Insurance Senior Manager Salary

5 - 16 years exp. (28 salaries)

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₹6.5 L/yr - ₹24.6 L/yr

arrow icon 28% less
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₹8.2 L/yr - ₹22.5 L/yr

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Axis Max Life Insurance Senior Manager Salary

5 - 16 years exp. (21 salaries)

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₹7.5 L/yr - ₹27 L/yr

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₹8.3 L/yr - ₹25 L/yr

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₹4.8 L/yr - ₹17 L/yr

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₹11 L/yr - ₹18.5 L/yr

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₹7 L/yr - ₹15.7 L/yr

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1 job opening
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₹10 L/yr - ₹17 L/yr

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Gallagher Senior Manager Salary

10 - 21 years exp. (4 salaries)

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₹16 L/yr - ₹20.7 L/yr

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View all
Senior Manager salary at Star Union Dai-ichi Life Insurance ranges between ₹10.3 Lakhs to ₹31.5 Lakhs per year for employees with experience between 2 years to 17 years. Salary estimates are based on 42 latest salaries received from various employees of Star Union Dai-ichi Life Insurance.

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

3w ago
₹24.5 Lakhs
14 years exp.
4w ago
₹20.8 Lakhs
12 years exp.
4w ago
₹17.3 Lakhs
12 years exp.
4w ago
₹20.8 Lakhs
12 years exp.
4w ago
₹20.8 Lakhs
12 years exp.
4w ago
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12 years exp.
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12 years exp.
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12 years exp.
2mo ago
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15 years exp.
3mo ago
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14 years exp.

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

Last Updated: 22 Mar 2025

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹17.5 L/yr - ₹22.3 L/yr
3 years (AmbitionBox Estimate)

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₹17.4 L/yr - ₹22.3 L/yr
4 years (AmbitionBox Estimate)

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₹17.4 L/yr - ₹22.2 L/yr
5 years  (3 salaries)

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₹14.3 L/yr - ₹24 L/yr
6 years (AmbitionBox Estimate)

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₹17.3 L/yr - ₹22 L/yr
View all

Similar Designation salaries in Star Union Dai-ichi Life Insurance

Deputy Manager Salary
(58 salaries)
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₹4.8 L/yr - ₹11 L/yr
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₹7.25 L/yr - ₹10 L/yr
Area Manager Salary
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₹8 L/yr - ₹16.5 L/yr
Sales Manager Salary
(3 salaries)
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₹3.83 L/yr - ₹5.2 L/yr
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₹8.8 L/yr - ₹12.5 L/yr

Top skills at Star Union Dai-ichi Life Insurance for Senior Manager

Senior Management Marketing Business Analysis Project Management Corporate Sales

Salary related reviews for Star Union Dai-ichi Life Insurance

4.0

Rated by 1 employees for salary & benefits

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

 · 

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.

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

What is the salary of Senior Manager at Star Union Dai-ichi Life Insurance in Mumbai?
The average salary of a Senior Manager at Star Union Dai-ichi Life Insurance in Mumbai typically ranges from ₹10.3 Lakhs to ₹31.5 Lakhs per year, depending on experience (from 2 years to 17 years).

The top 10% of Senior Manager in Mumbai at Star Union Dai-ichi Life Insurance earn more than ₹24.2 Lakhs per year, and the top 1% earn over ₹31.5 Lakhs per year. Senior 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 40+ Star Union Dai-ichi Life Insurance employees in India.
What is the estimated take home salary of a Senior Manager at Star Union Dai-ichi Life Insurance in Mumbai?
The estimated take-home salary of a Senior Manager at Star Union Dai-ichi Life Insurance in Mumbai typically ranges from ₹1,26,370 to ₹1,30,475 per month. This is based on the average salary range of ₹10.3 Lakhs to ₹31.5 Lakhs per year for employees with experience ranging from 2 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 40+ 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 Senior Manager at Star Union Dai-ichi Life Insurance in Mumbai?
To be a Senior Manager at Star Union Dai-ichi Life Insurance in Mumbai, the key skills required include:

  • - Senior Management
  • - Marketing
  • - Business Analysis
  • - Project Management
  • - Corporate Sales

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 Senior Manager in India?
Tata AIA Life Insurance ₹10.8 Lakhs to ₹40.0 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 in companies similar to Star Union Dai-ichi Life Insurance in Mumbai?
The salary of a Senior Manager 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:

ICICI Prudential Life Insurance ₹10.7 Lakhs to ₹29.0 Lakhs per year
Axis Max Life Insurance ₹7.5 Lakhs to ₹27.0 Lakhs per year
Magma HDI General Insurance ₹12.0 Lakhs to ₹23.0 Lakhs per year
Gallagher ₹16.0 Lakhs to ₹20.7 Lakhs per year
HDFC Ergo General Insurance ₹7.0 Lakhs to ₹24.0 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 at Star Union Dai-ichi Life Insurance in Mumbai?
The salary growth for a Senior Manager at Star Union Dai-ichi Life Insurance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Senior Manager in Mumbai can expect the following growth trajectory at Star Union Dai-ichi Life Insurance:

Experience Average Salary Range
2 years ₹17.5 Lakhs to ₹22.3 Lakhs per year
3 years ₹17.4 Lakhs to ₹22.3 Lakhs per year
4 years ₹17.4 Lakhs to ₹22.2 Lakhs per year
5 years ₹14.3 Lakhs to ₹24.0 Lakhs per year
and so on.

Tell us how to improve this page.

Star Union Dai-ichi Life Insurance Senior Manager salary in Mumbai ranges between ₹10.3 Lakhs to ₹31.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 42 Star Union Dai-ichi Life Insurance latest salaries received from various employees of Star Union Dai-ichi Life Insurance.