Star Union Dai-ichi Life Insurance Kolhapur Territory Manager Salaries by 4 Employees

5 - 10 years exp.

₹5.5 Lakhs - ₹6.8 Lakhs

Avg. annual salary

Monthly In-hand Salary

23% less than the average Territory Manager Salary in Insurance Companies for 5 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Territory Manager Salary 5 - 8 years exp. (3 salaries)	₹5.5 L/yr - ₹6.7 L/yr
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Sales & Business Development Territory Manager Salary 10 years exp. (AmbitionBox Estimate)	₹6.2 L/yr - ₹6.8 L/yr

Last Updated: 8 Sep 2024

Companies similar to Star Union Dai-ichi Life Insurance for Territory Manager in Kolhapur

Star Union Dai-ichi Life Insurance Territory Manager Salary

5 - 10 years exp. (4 salaries)

₹5.5 L/yr - ₹6.8 L/yr

Company name	Avg Annual Salary	Open Jobs
Hero FinCorp Territory Manager Salary 8 - 15 years exp. (3 salaries)	₹6.4 L/yr - ₹7.9 L/yr 9% more
Aegis Logistics Territory Manager Salary 9 - 11 years exp. (3 salaries)	₹6 L/yr - ₹6.5 L/yr At par
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Dabur Territory Manager Salary 12 - 14 years exp. (3 salaries)	₹13.1 L/yr - ₹18.4 L/yr 153% more	8 job openings
Sonalika Tractors Territory Manager Salary 2 - 5 years exp. (3 salaries)	₹4 L/yr - ₹5.5 L/yr 15% less

Territory Manager salary at Star Union Dai-ichi Life Insurance ranges between ₹5.5 Lakhs to ₹6.8 Lakhs per year for employees with experience between 5 years to 10 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 Territory Manager salaries in Kolhapur

Last Updated: 8 Sep 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
6 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
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7 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
8 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.1 L/yr
9 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
10 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr

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From

Territory Manager

5 - 14 years exp.

Senior Territory Manager

5 - 17 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Star Union Dai-ichi Life Insurance

Area Manager Salary

(4 salaries)

₹10.5 L/yr - ₹14.2 L/yr

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

Bancassurance banca bfsi broking Insurance Sales Life Insurance FMCG Sales Insurance Monitoring Consumer Research Insurance Broking General Insurance Team Handling Salesforce FMCG

Salary related reviews for Star Union Dai-ichi Life Insurance

3.8

Rated by 2 employees for salary & benefits

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

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Star Union Dai-ichi Life Insurance Territory Manager Salary FAQs

What is the salary of Territory Manager at Star Union Dai-ichi Life Insurance in Kolhapur?

The average salary of a Territory Manager at Star Union Dai-ichi Life Insurance in Kolhapur typically ranges from ₹5.5 Lakhs to ₹6.8 Lakhs per year, depending on experience (from 5 years to 10 years).

The top 10% of Territory Manager in Kolhapur at Star Union Dai-ichi Life Insurance earn more than ₹6.8 Lakhs per year, and the top 1% earn over ₹6.8 Lakhs per year. Territory 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 4 Star Union Dai-ichi Life Insurance employees in India.

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

The estimated take-home salary of a Territory Manager at Star Union Dai-ichi Life Insurance in Kolhapur typically ranges from ₹48,532 to ₹49,679 per month. This is based on the average salary range of ₹5.5 Lakhs to ₹6.8 Lakhs per year for employees with experience ranging from 5 years to 10 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.

What are the key skills required to be a Territory Manager at Star Union Dai-ichi Life Insurance in Kolhapur?

To be a Territory Manager at Star Union Dai-ichi Life Insurance in Kolhapur, the key skills required include:

- Bancassurance
- banca
- bfsi
- broking
- Insurance 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 Territory Manager in India?

Dabur	₹13.1 Lakhs to ₹18.4 Lakhs per year
Hero FinCorp	₹6.4 Lakhs to ₹7.9 Lakhs per year
Aegis Logistics	₹6.0 Lakhs to ₹6.5 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 Territory Manager in companies similar to Star Union Dai-ichi Life Insurance in Kolhapur?

The salary of a Territory Manager at companies similar to Star Union Dai-ichi Life Insurance in Kolhapur varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Sonalika Tractors

₹4.0 Lakhs to ₹5.5 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 Territory Manager at Star Union Dai-ichi Life Insurance in Kolhapur?

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

Experience	Average Salary Range
5 years	₹5.3 Lakhs to ₹6.8 Lakhs per year
6 years	₹5.4 Lakhs to ₹6.9 Lakhs per year
7 years	₹5.5 Lakhs to ₹7.0 Lakhs per year
8 years	₹5.6 Lakhs to ₹7.1 Lakhs per year

and so on.

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Star Union Dai-ichi Life Insurance Territory Manager Salaries in Kolhapur

Star Union Dai-ichi Life Insurance Territory Manager salary in Kolhapur ranges between ₹5.5 Lakhs to ₹6.8 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.