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Engaged Employer
Canara HSBC Life Insurance
3.7
based on 1.8k Reviews
Company Overview
Company Locations
Working at Canara HSBC Life Insurance
Company Summary
With an aim to provide simpler insurance and faster claim processes, Canara HSBC Life Insurance intends to keep the promises of its customers alive with their “Promises Ka Partner” philosophy.
Overall Rating
3.7/5
based on 1.8k reviews
4% below
industry average
Highly rated for
Salary & Benefits
Work Policy
Work from office
87% employees reported
Monday to Saturday
64% employees reported
Strict timing
51% employees reported
Within city
60% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
105 employees reported
Health insurance
86 employees reported
Cafeteria
28 employees reported
Office cab/shuttle
22 employees reported
View all benefits
About Canara HSBC Life Insurance
Founded in2008 (17 yrs old)
India Employee Count5k-10k
Global Employee Count5k-10k
India HeadquartersGurgaon/Gurugram, Haryana, India
Office Locations
Websitecanarahsbclife.com
Primary Industry
Other Industries
Established in 2008, Canara HSBC Life Insurance Company Limited is a joint venture promoted by Canara Bank (51 per cent) and HSBC Insurance (Asia Pacific) Holdings Limited (26 per cent). Punjab National Bank is also a shareholder of the Company, holding 23 per cent as an investor. One of the major bancassurance conglomerate with its head office at Gurugram, Haryana and more than 100 branch offices pan India, brings together the trust and market knowledge of public and private banks.
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Canara HSBC Life Insurance Ratings
based on 1.8k reviews
Overall Rating
3.7/5
How AmbitionBox ratings work?
5
796
4
394
3
218
2
116
1
270
Category Ratings
3.8
Salary & Benefits
3.6
Work-Life Balance
3.6
Skill Development
3.5
Company Culture
3.5
Promotions/Appraisal
3.5
Job Security
3.4
Work Satisfaction
Canara HSBC Life Insurance is rated 3.7 out of 5 stars on AmbitionBox, based on 1.8k company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Canara HSBC Life Insurance
based on 1.7k reviews
3.9
Rated by 412 Women
Rated 4.0 for Salary & Benefits and 3.8 for Skill Development
3.7
Rated by 1.3k Men
Rated 3.7 for Salary & Benefits and 3.5 for Work-Life Balance
Work Policy at Canara HSBC Life Insurance
based on 243 reviews in last 6 months
Work from office
87%
Hybrid
9%
Permanent work from home
4%
Canara HSBC Life Insurance Reviews
Top mentions in Canara HSBC Life Insurance Reviews
+ 5 more
Compare Canara HSBC Life Insurance with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 3.7/5 based on 1.8k reviews | 4.1/5 based on 6.1k reviews | 3.8/5 based on 3.7k reviews | 4.0/5 based on 8.6k reviews |
Highly Rated for | Salary & Benefits | Job Security Skill development Salary & Benefits | Job Security | Skill development Job Security Company culture |
Critically Rated for | No critically rated category | No critically rated category | Promotion/Appraisals | No critically rated category |
Primary Work Policy | Work from office 87% employees reported | Work from office 90% employees reported | Work from office 77% employees reported | Work from office 82% employees reported |
Rating by Women Employees | 3.9 Good rated by 412 women | 4.0 Good rated by 1.4k women | 3.8 Good rated by 580 women | 3.9 Good rated by 1.8k women |
Rating by Men Employees | 3.7 Good rated by 1.3k men | 4.1 Good rated by 4.4k men | 3.8 Good rated by 2.9k men | 4.0 Good rated by 6.4k men |
Job Security | 3.5 Good | 4.1 Good | 3.9 Good | 3.9 Good |
View more
Canara HSBC Life Insurance Salaries
3.8
rated by 1.8k employees for salariesRelationship Officer
(605 salaries)
Unlock
₹2 L/yr - ₹4.5 L/yr
Senior Relationship Officer
(337 salaries)
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₹2.7 L/yr - ₹5.5 L/yr
Sales Officer
(300 salaries)
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₹2.1 L/yr - ₹4.3 L/yr
Cluster Business Manager
(217 salaries)
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₹4.8 L/yr - ₹13 L/yr
Relationship Manager
(205 salaries)
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₹2.5 L/yr - ₹6 L/yr
Senior Sales Officer
(203 salaries)
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₹2.8 L/yr - ₹4.5 L/yr
Cluster Business Head
(190 salaries)
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₹5 L/yr - ₹12 L/yr
Executive Relationship Officer
(182 salaries)
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₹3.8 L/yr - ₹6.4 L/yr
Team Lead
(139 salaries)
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₹3.7 L/yr - ₹7.6 L/yr
Credit Life Officer
(133 salaries)
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₹2.3 L/yr - ₹3.8 L/yr
Canara HSBC Life Insurance Interview Questions
Interview questions by designation
Top Canara HSBC Life Insurance interview questions and answers
Get interview-ready with top interview questions
Interview Process at Canara HSBC Life Insurance
based on 26 interviews in last 1 year
Interview Experience
3.8
Good
Difficulty level
Easy
26%
Moderate
67%
Hard
7%
People are getting interviews through
based on 64 Canara HSBC Life Insurance interviews
Referral
25%
Job Portal
14%
Recruitment Consultant
13%
Walkin
11%
*37% candidates got the interview through other sources
High confidence
Canara HSBC Life Insurance Jobs
Canara HSBC Life Insurance News
Canara Bank Hits Two-Month High As RBI Approves Divestment In Arms Through IPO
- Canara Bank rose to hit its highest since October 1 following RBI's approval for divesting its shareholding in Canara Robeco Asset Management Company Ltd and Canara HSBC Life Insurance Company Ltd through IPO.
- RBI has intimated the bank to bring its stake in these entities up to 30% by October 31, 2029.
- The bank will initiate the process of IPO and comply with SEBI regulations.
- Canara HSBC Life Insurance Company Limited, a joint venture promoted by Canara Bank, will undergo divestment in the IPO.
Bloomberg Quint | 6 Dec, 2024
Canara Bank Gets RBI Nod To Float IPOs Of Canara Robeco AMC, Canara HSBC Life Insurance
- Canara Bank has received approval from the Reserve Bank of India to divest its shareholding in Canara Robeco AMC and Canara HSBC Life Insurance through IPOs.
- Canara Bank is allowed to sell a 13% stake in Canara Robeco AMC and 14.5% in Canara HSBC Life Insurance.
- The RBI has instructed Canara Bank to meet the regulatory requirement of bringing its stake in these entities up to 30% by October 31, 2029.
- Canara Bank will now initiate the process of IPO after receiving RBI approval.
Bloomberg Quint | 5 Dec, 2024
Fedo.ai partners with Canara HSBC Life Insurance for AI-enabled non-invasive health assessments
- Canara HSBC Life Insurance has partnered with Fedo.ai, an AI-enabled healthtech company, for AI-enabled non-invasive health assessments.
- The partnership aims to streamline the underwriting process and reduce onboarding times by offering customers a quick and non-invasive health assessment scan through Fedo's facial scan technology.
- Fedo.ai utilizes advanced AI algorithms to analyze 14 key health parameters and offers insights on potential disease risks and projected healthcare costs.
- Fedo.ai plans to expand its solutions into healthcare, fitness, and mental health, with a focus on B2B2C and developer-centric distribution strategy.
ISN | 9 Nov, 2024
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Canara HSBC Life Insurance FAQs
When was Canara HSBC Life Insurance founded?
Canara HSBC Life Insurance was founded in 2008. The company has been operating for 17 years primarily in the Insurance sector.
Where is the Canara HSBC Life Insurance headquarters located?
Canara HSBC Life Insurance is headquartered in Gurgaon/Gurugram, Haryana and has an office in Gurgaon / Gurugram
How many employees does Canara HSBC Life Insurance have in India?
Canara HSBC Life Insurance currently has more than 5,200+ employees in India. BFSI, Investments & Trading department appears to have the highest employee count in Canara HSBC Life Insurance based on the number of reviews submitted on AmbitionBox.
Does Canara HSBC Life Insurance have good work-life balance?
Canara HSBC Life Insurance has a Work-Life Balance Rating of 3.6 out of 5 based on 1,700+ employee reviews on AmbitionBox. 66% employees rated Canara HSBC Life Insurance 4 or above, while 34% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read Canara HSBC Life Insurance work-life balance reviews for more details
Is Canara HSBC Life Insurance good for career growth?
Career growth at Canara HSBC Life Insurance is rated fairly well, with a promotions and appraisal rating of 3.5. 66% employees rated Canara HSBC Life Insurance 4 or above, while 34% employees rated it 3 or below on promotions/appraisal. Though the sentiment is mixed for career growth, majority employees have rated it positively. We recommend reading Canara HSBC Life Insurance promotions/appraisals reviews for more detailed insights.
What are the pros of working in Canara HSBC Life Insurance?
Working at Canara HSBC Life Insurance offers several advantages that make it an appealing place for employees. The company is highly rated for salary & benefits, based on 1,700+ employee reviews on AmbitionBox.
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