Canara HSBC Life Insurance Assistant Actuarial Manager Salaries by 4 Employees

1 - 2 years exp.

₹6 Lakhs - ₹9 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

44% less than the average Assistant Actuarial Manager Salary in Insurance Companies for 1 - 2 years of experience

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Last Updated: 2 Jun 2024

Companies similar to Canara HSBC Life Insurance for Assistant Actuarial Manager

Company name	Avg Annual Salary	Open Jobs
MetLife Assistant Actuarial Manager Salary 3 - 6 years exp. (9 salaries)	₹8.5 L/yr - ₹19 L/yr 75% more
Exl India Assistant Actuarial Manager Salary 2 - 5 years exp. (4 salaries)	₹6.4 L/yr - ₹12 L/yr 46% more
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Axis Max Life Insurance Assistant Actuarial Manager Salary 3 years exp. (3 salaries)	₹12 L/yr - ₹12.7 L/yr 69% more
Aegon Life Insurance Assistant Actuarial Manager Salary 1 - 4 years exp. (3 salaries)	₹7.3 L/yr - ₹8.7 L/yr 9% more
Sun Life Financial Assistant Actuarial Manager Salary 5 - 7 years exp. (3 salaries)	₹15.2 L/yr - ₹45 L/yr 254% more

Assistant Actuarial Manager salary at Canara HSBC Life Insurance ranges between ₹6 Lakhs to ₹9 Lakhs per year for employees with experience between 1 year to 2 years. Salary estimates are based on 4 latest salaries received from various employees of Canara HSBC Life Insurance.

Experience wise Canara HSBC Life Insurance Assistant Actuarial Manager salaries

Last Updated: 2 Jun 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
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2 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.8 L/yr

Salary related reviews for Canara HSBC Life Insurance

Relationship Officer in Coimbatore

Full Time

Sales & Business Development Department

1.0

• posted on 09 Aug 2024

4.0

for Salary and Benefits

Likes

I worked Canara HSBC for more than 1 year. Most worst experience. No support from reporting manager and also regional manager. Bank managers always used to tell don’t work in Canara HSBC they are cheaters, they tell achievements recognition after archiving they will not do what they said. I worked year 1year, even a single time managers didn’t visit to my branches because Canara HSBC managers don’t have face to meet bank managers. Most worst company I have ever seen.

Salary - Good

+1 more

Dislikes

Only salary is good. Everything is worst. Don’t work with Canara HSBC and don’t loose your time. Products also worst

Job security - Bad

+4 more

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.

Executive Relationship Officer in Gurgaon / Gurugram

Full Time

Sales & Business Development Department

4.0

• posted on 18 Mar 2025

5.0

for Salary and Benefits

Likes

Promotion criteria is best. Salary hike is also a good part of growth.

Salary - Excellent

+4 more

Dislikes

No clarity on holidays to employees of bancassurance. If banks are opened we have to go to bank even if HO has holiday. If bank has holiday and HO doesn't we have to visit there in HO.

Cluster Business Head in Patna

Full Time

Sales & Business Development Department

3.0

• posted on 31 Jul 2024

2.0

for Salary and Benefits

Likes

Promotion criteria is crystal clear

Skill development - Good

Dislikes

Internal promoters working on lowest salary, Partiality with employees, not support to female employees, specifically after maternity leave no any rule for female employees for location and work life balance with baby.

Salary - Poor

+1 more

Operations Analyst in Gurgaon / Gurugram

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 14 May 2024

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

Poor hiring process of senior HR Jaideep Singh and his team Given the interview, I submitted my documents, but at the time of package discussion, HR never called back for package rectification because their company is not relevant to giving packages to the new joiners, but they want them to work on fewer packages and be available for work every day of the week, 24/7.

Salary - Bad

+6 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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Canara HSBC Life Insurance Assistant Actuarial Manager Salary FAQs

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

The average salary of a Assistant Actuarial Manager at Canara HSBC Life Insurance in India typically ranges from ₹6.0 Lakhs to ₹9.0 Lakhs per year, depending on experience (from 1 year to 2 years).

The top 10% of Assistant Actuarial Manager at Canara HSBC Life Insurance earn more than ₹9.0 Lakhs per year, and the top 1% earn over ₹9.0 Lakhs per year. Assistant Actuarial 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 4 Canara HSBC Life Insurance employees in India.

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

The estimated take-home salary of a Assistant Actuarial Manager at Canara HSBC Life Insurance in India typically ranges from ₹54,086 to ₹55,435 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹9.0 Lakhs per year for employees with experience ranging from 1 year to 2 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 Canara HSBC Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

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

Sun Life Financial	₹15.2 Lakhs to ₹45.0 Lakhs per year
MetLife	₹8.5 Lakhs to ₹19.0 Lakhs per year
Axis Max Life Insurance	₹12.0 Lakhs to ₹12.7 Lakhs per year
Exl India	₹6.4 Lakhs to ₹12.0 Lakhs per year
Aegon Life Insurance	₹7.3 Lakhs to ₹8.7 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.

How the salary growth look like for a Assistant Actuarial Manager at Canara HSBC Life Insurance in India?

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

Experience	Average Salary Range
1 year	₹5.4 Lakhs to ₹6.9 Lakhs per year
2 years	₹7.7 Lakhs to ₹9.8 Lakhs per year

and so on.

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Canara HSBC Life Insurance Assistant Actuarial Manager Salaries

Canara HSBC Life Insurance Assistant Actuarial Manager salary in India ranges between ₹6 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Canara HSBC Life Insurance latest salaries received from various employees of Canara HSBC Life Insurance.