Canara HSBC Life Insurance Associate Vice President Salaries by 7 Employees

10 - 19 years exp.

₹17 Lakhs - ₹34.5 Lakhs

Low Confidence

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakhs

Monthly In-hand Salary

18% less than the average Associate Vice President Salary in Insurance Companies for 10 - 19 years of experience

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Salaries in different departments

BFSI, Investments & Trading Associate Vice President Salary 12 - 19 years exp. (3 salaries)	₹17 L/yr - ₹30 L/yr
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Marketing & Communication Associate Vice President Salary 10 years exp. (AmbitionBox Estimate)	₹27.4 L/yr - ₹34.5 L/yr

Last Updated: 16 Oct 2024

Companies similar to Canara HSBC Life Insurance for Associate Vice President

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Associate Vice President Salary 6 - 20 years exp. (277 salaries)	₹14 L/yr - ₹38 L/yr 10% less
SBI Life Insurance Company Associate Vice President Salary 9 - 20 years exp. (171 salaries)	₹9 L/yr - ₹36 L/yr 18% less
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Tata AIG Associate Vice President Salary 8 - 20 years exp. (104 salaries)	₹11.3 L/yr - ₹40 L/yr 16% less	1 job opening
HDFC Life Associate Vice President Salary 9 - 24 years exp. (92 salaries)	₹18 L/yr - ₹61.6 L/yr 35% more	3 job openings
Bajaj Allianz Life Insurance Associate Vice President Salary 10 - 23 years exp. (49 salaries)	₹22 L/yr - ₹47.5 L/yr 30% more
ICICI Prudential Life Insurance Associate Vice President Salary 10 - 23 years exp. (36 salaries)	₹22 L/yr - ₹41.3 L/yr 17% more
Reliance Nippon Life Insurance Associate Vice President Salary 15 - 23 years exp. (31 salaries)	₹13.9 L/yr - ₹32 L/yr 24% less
Aditya Birla Sun Life Insurance Associate Vice President Salary 7 - 19 years exp. (27 salaries)	₹20.2 L/yr - ₹47 L/yr 18% more
Aditya Birla Health Insurance Co Associate Vice President Salary 10 - 19 years exp. (21 salaries)	₹23.8 L/yr - ₹42.8 L/yr 24% more
SBI General Insurance Associate Vice President Salary 16 - 23 years exp. (19 salaries)	₹19 L/yr - ₹33 L/yr 9% less
Tata AIA Life Insurance Associate Vice President Salary 7 - 17 years exp. (15 salaries)	₹19 L/yr - ₹78 L/yr 74% more
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Reliance General Insurance Associate Vice President Salary 1 - 19 years exp. (13 salaries)	₹17 L/yr - ₹22.5 L/yr 25% less
MetLife Associate Vice President Salary 20 - 24 years exp. (3 salaries)	₹70 L/yr - ₹1.1 Cr/yr 253% more
Shriram Life Insurance Associate Vice President Salary 18 - 19 years exp. (3 salaries)	₹16 L/yr - ₹24.2 L/yr 19% less
PNB MetLife Associate Vice President Salary 13 - 17 years exp. (3 salaries)	₹19.5 L/yr - ₹28.6 L/yr 12% less

Associate Vice President salary at Canara HSBC Life Insurance ranges between ₹17 Lakhs to ₹34.5 Lakhs per year for employees with experience between 10 years to 19 years. Salary estimates are based on 7 latest salaries received from various employees of Canara HSBC Life Insurance.

Experience wise Canara HSBC Life Insurance Associate Vice President salaries

Last Updated: 16 Oct 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹10.1 L/yr - ₹34.5 L/yr
11 years (AmbitionBox Estimate)	₹23 L/yr - ₹29.3 L/yr
Login to view exact salary
12 years (AmbitionBox Estimate)	₹17 L/yr - ₹46.4 L/yr
13 years (AmbitionBox Estimate)	₹23.5 L/yr - ₹30 L/yr
14 years (AmbitionBox Estimate)	₹21 L/yr - ₹47.4 L/yr
15+ years (3 salaries)	₹21 L/yr - ₹32.2 L/yr

View all

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Top skills at Canara HSBC Life Insurance for Associate Vice President

New Business Regional Sales Bancassurance Life Insurance Senior Management

Salary related reviews for Canara HSBC Life Insurance

5.0

Rated by 1 employees for salary & benefits

Senior Associate in Belgaum

Full Time

Finance & Accounting Department

4.0

• posted on 25 Jul 2023

4.0

for Salary and Benefits

Likes

Flexible time, salary on time good bank support to generate business

Salary - Good

+3 more

Dislikes

Sales Training is not upto the mark ..service problems are big challenges.. there is no such correct path get resolving any it or service issues

Senior Associate in West Delhi

Full Time

Marketing & Communication Department

1.0

• posted on 06 Oct 2024

1.0

for Salary and Benefits

Likes

The way HR fools you by not disclosing their so important company policy. Giving you high salary packages, as a trap.

Dislikes

..., ICICI prudential, but nothing .. seriously nothing is worst like this company. Their reporting managers don't know anything about the process but they only know how to cut your salary... Everyone is here to blaming you only that all your fault. Before joining here I was a good performer in my job i know how to work , in my previous companies I have lots of achievements, but after joining here I loose my self confidence, I loose my mental health, I loose my peace of mind. And all this I got within 4 months of joining. I have resigned here and not expecting to join this company again ever in my life, worst worst worst experience. I will never let go here anyone from my friends and my reference. Suggestion for everyone. I don't have option to give less star than 1 . Every feedback here which show more than 3 star is could be fake or from the higher management or HR or the any lucky person here who got business easily. Worst product they have. They do so much miss sale in branch. Numbers of complaints have registered against their of miss selling. If you are able to do miss sale or Miss guide to the customer, only than you can stay here last long otherwise I bet you.... You won't stay here for long.

Salary - Bad

+6 more

Team Lead in Gurgaon / Gurugram

BFSI, Investments & Trading Department

3.0

• posted on 27 Sep 2020

2.0

for Salary and Benefits

Likes

... band 8 in covid situation co has started 4 lac medical policy... Its good ..... 7 days working, no increament as u know that our ctc is not good i m totally dependent co, currently co hire employees in high package same profile.. Existing employees sitting on same package.. 5 day co policy when i joined now saturday &Sunday working no addition benefit given. ..... Ok what to do. .

Dislikes

No HR value in choice, no ethics, 7 days working, no increament, late night working

Salary - Poor

+3 more

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.

see more salary related reviews

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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 Associate Vice President Salary FAQs

What is the salary of Associate Vice President at Canara HSBC Life Insurance ?

The average salary of a Associate Vice President at Canara HSBC Life Insurance in India typically ranges from ₹17.0 Lakhs to ₹34.5 Lakhs per year, depending on experience (from 10 years to 19 years).

The top 10% of Associate Vice President at Canara HSBC Life Insurance earn more than ₹34.0 Lakhs per year, and the top 1% earn over ₹34.5 Lakhs per year. Associate Vice President 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 Associate Vice President at Canara HSBC Life Insurance in India?

The estimated take-home salary of a Associate Vice President at Canara HSBC Life Insurance in India typically ranges from ₹1,66,396 to ₹1,72,782 per month. This is based on the average salary range of ₹17.0 Lakhs to ₹34.5 Lakhs per year for employees with experience ranging from 10 years to 19 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 Associate Vice President at Canara HSBC Life Insurance ?

To be a Associate Vice President at Canara HSBC Life Insurance in india, the key skills required include:

- New Business
- Regional Sales
- Bancassurance
- Life Insurance
- Senior Management

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 Associate Vice President in India?

MetLife	₹70.0 Lakhs to ₹112.0 Lakhs per year
Tata AIA Life Insurance	₹19.0 Lakhs to ₹78.0 Lakhs per year
HDFC Life	₹18.0 Lakhs to ₹61.6 Lakhs per year
Bajaj Allianz Life Insurance	₹22.0 Lakhs to ₹47.5 Lakhs per year
Aditya Birla Health Insurance Co	₹23.8 Lakhs to ₹42.8 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 Associate Vice President in companies similar to Canara HSBC Life Insurance in India?

The salary of a Associate Vice President 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:

Aditya Birla Sun Life Insurance	₹20.2 Lakhs to ₹47.0 Lakhs per year
ICICI Prudential Life Insurance	₹22.0 Lakhs to ₹41.3 Lakhs per year
SBI General Insurance	₹19.0 Lakhs to ₹33.0 Lakhs per year
ICICI Lombard General Insurance Company	₹14.0 Lakhs to ₹38.0 Lakhs per year
PNB MetLife	₹19.5 Lakhs to ₹28.6 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 Associate Vice President at Canara HSBC Life Insurance in India?

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

Experience	Average Salary Range
10 years	₹10.1 Lakhs to ₹34.5 Lakhs per year
11 years	₹23.0 Lakhs to ₹29.3 Lakhs per year
12 years	₹17.0 Lakhs to ₹46.4 Lakhs per year
13 years	₹23.5 Lakhs to ₹30.0 Lakhs per year

and so on.

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Canara HSBC Life Insurance Associate Vice President Salaries

Canara HSBC Life Insurance Associate Vice President salary in India ranges between ₹17 Lakhs to ₹34.5 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.