Canara HSBC Life Insurance Area Manager Salaries by 7 Employees

7 - 20 years exp.

₹8.5 Lakhs - ₹12 Lakhs

Low Confidence

Salary of majority employees

At par with the average Area Manager Salary in Insurance Companies for 7 - 20 years of experience

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Salaries in different departments

Sales & Business Development Area Manager Salary 7 - 20 years exp. (4 salaries)	₹8.5 L/yr - ₹12 L/yr
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BFSI, Investments & Trading Area Manager Salary 10 - 18 years exp. (3 salaries)	₹9 L/yr - ₹10 L/yr

Last Updated: 28 Nov 2024

Companies similar to Canara HSBC Life Insurance for Area Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Area Manager Salary 1 - 17 years exp. (373 salaries)	₹5.8 L/yr - ₹13.2 L/yr At par	29 job openings
Bajaj Allianz Life Insurance Area Manager Salary 6 - 17 years exp. (212 salaries)	₹5 L/yr - ₹16.5 L/yr At par
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SBI Life Insurance Company Area Manager Salary 6 - 18 years exp. (206 salaries)	₹4.6 L/yr - ₹14.2 L/yr 6% less
Tata AIA Life Insurance Area Manager Salary 6 - 17 years exp. (179 salaries)	₹6 L/yr - ₹17.7 L/yr 18% more	1 job opening
Aditya Birla Sun Life Insurance Area Manager Salary 3 - 10 years exp. (127 salaries)	₹4.5 L/yr - ₹9.3 L/yr 30% less
Reliance Nippon Life Insurance Area Manager Salary 10 - 19 years exp. (82 salaries)	₹9 L/yr - ₹21.4 L/yr 48% more
Star Health & Allied Insurance Area Manager Salary 8 - 19 years exp. (47 salaries)	₹5.7 L/yr - ₹22 L/yr 33% more
Shriram Life Insurance Area Manager Salary 6 - 17 years exp. (44 salaries)	₹3.7 L/yr - ₹11 L/yr 34% less
ICICI Lombard General Insurance Company Area Manager Salary 8 - 17 years exp. (43 salaries)	₹6.8 L/yr - ₹20 L/yr 28% more
HDFC Life Area Manager Salary 10 - 11 years exp. (33 salaries)	₹7.7 L/yr - ₹19 L/yr 17% more
Aditya Birla Health Insurance Co Area Manager Salary 7 - 18 years exp. (31 salaries)	₹4.5 L/yr - ₹16.5 L/yr 5% more
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Reliance General Insurance Area Manager Salary 8 - 20 years exp. (22 salaries)	₹6.9 L/yr - ₹21 L/yr 39% more
PNB MetLife Area Manager Salary 6 - 15 years exp. (20 salaries)	₹5.9 L/yr - ₹11.1 L/yr 6% less
Tata AIG Area Manager Salary 7 - 13 years exp. (19 salaries)	₹6.3 L/yr - ₹15.5 L/yr 3% less
Iffco Tokio General Insurance Co. Area Manager Salary 2 - 8 years exp. (8 salaries)	₹3.7 L/yr - ₹7 L/yr 44% less
SBI General Insurance Area Manager Salary 3 - 21 years exp. (6 salaries)	₹9 L/yr - ₹15.2 L/yr 19% more

Area Manager salary at Canara HSBC Life Insurance ranges between ₹8.5 Lakhs to ₹12 Lakhs per year for employees with experience between 7 years to 20 years. Salary estimates are based on 7 latest salaries received from various employees of Canara HSBC Life Insurance.

Experience wise Canara HSBC Life Insurance Area Manager salaries

Last Updated: 28 Nov 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹17 L/yr
8 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹10.9 L/yr
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9 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹11 L/yr
10 years (AmbitionBox Estimate)	₹9 L/yr - ₹17.2 L/yr
11 years (AmbitionBox Estimate)	₹8.7 L/yr - ₹11.1 L/yr
12 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹9.8 L/yr
13 years (AmbitionBox Estimate)	₹9 L/yr - ₹17.5 L/yr
14 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹11.2 L/yr
15+ years (3 salaries)	₹9.5 L/yr - ₹12 L/yr

View all

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Territory Manager Salary

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Team Lead Salary

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Top skills at Canara HSBC Life Insurance for Area Manager

Team Handling Life Insurance Area Sales Management Defence

Salary related reviews for Canara HSBC Life Insurance

3.0

Rated by 2 employees for salary & benefits

Relationship Manager in Dhanbad

Full Time

Sales & Business Development Department

4.0

• posted on 25 Feb 2025

3.0

for Salary and Benefits

Likes

Work life balance is good. You will acquire new learning here and you will definitely enhance your skills here. Time to time virtual training is organised. You will get options of fast track and regular promotions here for that you have to make sure to achieve the target.

Skill development - Good

+2 more

Dislikes

Salary is average as per the company's standards.

Sales Officer in Mysuru / Mysore

Full Time

Sales & Business Development Department

2.0

• posted on 09 Feb 2023

2.0

for Salary and Benefits

Likes

I can't like any thing because canara hsbc its a good company but from the RUH level management its worst.

Dislikes

Salary package Every 2nd and 4th Saturday meeting in HUB And some time they conducted meeting from 5.30 pm to 9 pm its very irritating. They are ready to debit only premium amount afterthat issuing problem and policy bond delivery problem.

Salary - Poor

+5 more

Relationship Manager in Meerut

Customer Success, Service & Operations Department

3.0

• posted on 07 Mar 2022

4.0

for Salary and Benefits

Likes

If you can handle pressure & You are enough clever to handle the situation & Politics. You Can earn extra incentives here no doubt. It's all about your supervisior. It's your luck to get a good CBM.

Salary - Good

+1 more

Dislikes

everything expect the Salary on time.

Job security - Bad

+4 more

Sales Officer in Hoshiarpur

Other Department

1.0

• posted on 22 Nov 2018

1.0

for Salary and Benefits

Likes

It was literally a very bad experience no compensation no benefits to the employees superiors are worst no career growth and zero job security. I must say that go there only if u want to hamper ur growth

Dislikes

Superiors don't have any knowledge no support from there end. This is the main reason why i leave

Salary - Bad

+6 more

Sales Officer in Bangalore Rural

Other Department

5.0

• posted on 09 Apr 2021

4.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus

Salary - Good

+6 more

Dislikes

No dislikes

see more salary related reviews

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Canara HSBC Life Insurance Area Manager Salary FAQs

What is the salary of Area Manager at Canara HSBC Life Insurance ?

The average salary of a Area Manager at Canara HSBC Life Insurance in India typically ranges from ₹8.5 Lakhs to ₹12.0 Lakhs per year, depending on experience (from 7 years to 20 years).

The top 10% of Area Manager at Canara HSBC Life Insurance earn more than ₹11.8 Lakhs per year, and the top 1% earn over ₹12.0 Lakhs per year. Area Manager Salaries at Canara HSBC 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 7 Canara HSBC Life Insurance employees in India.

What is the estimated take home salary of a Area Manager at Canara HSBC Life Insurance in India?

The estimated take-home salary of a Area Manager at Canara HSBC Life Insurance in India typically ranges from ₹70,422 to ₹72,234 per month. This is based on the average salary range of ₹8.5 Lakhs to ₹12.0 Lakhs per year for employees with experience ranging from 7 years to 20 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 7 salaries received from various employees of Canara HSBC Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Area Manager at Canara HSBC Life Insurance ?

To be a Area Manager at Canara HSBC Life Insurance in india, the key skills required include:

- Team Handling
- Life Insurance
- Area Sales Management
- Defence

These skills are highly valued at Canara HSBC Life Insurance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Canara HSBC Life Insurance for Area Manager in India?

Reliance Nippon Life Insurance	₹9.0 Lakhs to ₹21.4 Lakhs per year
Reliance General Insurance	₹6.9 Lakhs to ₹21.0 Lakhs per year
Star Health & Allied Insurance	₹5.7 Lakhs to ₹22.0 Lakhs per year
ICICI Lombard General Insurance Company	₹6.8 Lakhs to ₹20.0 Lakhs per year
SBI General Insurance	₹9.0 Lakhs to ₹15.2 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Canara HSBC Life Insurance, depending on the role and experience level.

What is the salary of a Area Manager in companies similar to Canara HSBC Life Insurance in India?

The salary of a Area Manager at companies similar to Canara HSBC Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Tata AIA Life Insurance	₹6.0 Lakhs to ₹17.7 Lakhs per year
HDFC Life	₹7.7 Lakhs to ₹19.0 Lakhs per year
Aditya Birla Health Insurance Co	₹4.5 Lakhs to ₹16.5 Lakhs per year
ICICI Prudential Life Insurance	₹5.8 Lakhs to ₹13.2 Lakhs per year
Bajaj Allianz Life Insurance	₹5.0 Lakhs to ₹16.5 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 Area Manager at Canara HSBC Life Insurance in India?

The salary growth for a Area Manager at Canara HSBC Life Insurance depends on factors such as experience, performance, and promotions. On average, a Area Manager can expect the following growth trajectory at Canara HSBC Life Insurance:

Experience	Average Salary Range
7 years	₹8.5 Lakhs to ₹17.0 Lakhs per year
8 years	₹8.5 Lakhs to ₹10.9 Lakhs per year
9 years	₹8.6 Lakhs to ₹11.0 Lakhs per year
10 years	₹9.0 Lakhs to ₹17.2 Lakhs per year

and so on.

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Canara HSBC Life Insurance Area Manager Salaries

Canara HSBC Life Insurance Area Manager salary in India ranges between ₹8.5 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Canara HSBC Life Insurance latest salaries received from various employees of Canara HSBC Life Insurance.