Canara HSBC Life Insurance Nellore Cluster Business Manager Salaries by 3 Employees

9 - 12 years exp.

₹5.6 Lakhs - ₹8.6 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

39% more than the average Cluster Business Manager Salary in Insurance Companies for 9 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Cluster Business Manager Salary 9 - 10 years exp. (AmbitionBox Estimate)	₹5.6 L/yr - ₹8.6 L/yr
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Marketing & Communication Cluster Business Manager Salary 12 years exp. (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.6 L/yr

Last Updated: 17 May 2023

Cluster Business Manager salary at Canara HSBC Life Insurance ranges between ₹5.6 Lakhs to ₹8.6 Lakhs per year for employees with experience between 9 years to 12 years. Salary estimates are based on 3 latest salaries received from various employees of Canara HSBC Life Insurance.

Experience wise Canara HSBC Life Insurance Cluster Business Manager salaries in Nellore

Last Updated: 17 May 2023

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.7 L/yr
10 years (AmbitionBox Estimate)	₹7 L/yr - ₹8.9 L/yr
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11 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9.1 L/yr
12 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr

Top skills at Canara HSBC Life Insurance for Cluster Business Manager

Team Handling Target Achievement Life Insurance Team Motivation Relationship Management Revenue Generation Branch Management Activation Branch Handling Direct Sales Lead Generation Team Building Area Management Heading Branch New Client Acquisition

Salary related reviews for Canara HSBC Life Insurance

3.3

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.

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

Cluster Business Head in Agartala

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 01 Feb 2025

5.0

for Salary and Benefits

Likes

FLS level promotion promotion & salary structure & Product feature is very good.

Salary - Excellent

+1 more

Dislikes

Many issues in IT segment like login process , issuance process so lengthy , Monthly & Yearly target setup 🎯 not maintained properly

Skill development - Poor

+2 more

Senior Relationship Officer in Dehradun

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 26 Jul 2023

5.0

for Salary and Benefits

Likes

Salary and incentives are given in time Are suitability rewarded for good work Good working culture Hr policies are good

Salary - Excellent

+4 more

Dislikes

Personally I didn't not see myself growing Traveling allowances are given when you meet a specific creteria

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

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Salary Discussions, Hike & Promotions

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Canara HSBC Life Insurance Cluster Business Manager Salary FAQs

How the salary growth look like for a Cluster Business Manager at Canara HSBC Life Insurance in Nellore?

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

Experience	Average Salary Range
9 years	₹6.8 Lakhs to ₹8.7 Lakhs per year
10 years	₹7.0 Lakhs to ₹8.9 Lakhs per year
11 years	₹7.1 Lakhs to ₹9.1 Lakhs per year
12 years	₹7.2 Lakhs to ₹9.2 Lakhs per year

and so on.

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Canara HSBC Life Insurance Cluster Business Manager Salaries in Nellore

Canara HSBC Life Insurance Cluster Business Manager salary in Nellore ranges between ₹5.6 Lakhs to ₹8.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Canara HSBC Life Insurance latest salaries received from various employees of Canara HSBC Life Insurance.