Canara HSBC Life Insurance Cluster Head Salaries by 10+ Employees (Updated 2025)

5 - 20 years exp.

₹6 Lakhs - ₹12 Lakhs

Salary of majority employees

41% less than the average Cluster Head Salary in Insurance Companies for 5 - 20 years of experience

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Salaries in different departments

BFSI, Investments & Trading Cluster Head Salary 5 - 20 years exp. (11 salaries)	₹6.2 L/yr - ₹12 L/yr
Risk Management & Compliance Cluster Head Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹8.6 L/yr - ₹9.5 L/yr
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Sales & Business Development Cluster Head Salary 8 years exp. (AmbitionBox Estimate)	₹6 L/yr - ₹8.2 L/yr

Last Updated: 24 Nov 2024

Companies similar to Canara HSBC Life Insurance for Cluster Head

Company name	Avg Annual Salary	Open Jobs
HDFC Life Cluster Head Salary 8 - 16 years exp. (22 salaries)	₹5.9 L/yr - ₹14 L/yr 23% more
ICICI Prudential Life Insurance Cluster Head Salary 4 - 19 years exp. (13 salaries)	₹7 L/yr - ₹15 L/yr 40% more
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Max Life Insurance Cluster Head Salary 6 - 20 years exp. (29 salaries)	₹7 L/yr - ₹18 L/yr 38% more
Bajaj Allianz Life Insurance Cluster Head Salary 7 - 17 years exp. (38 salaries)	₹7 L/yr - ₹14.1 L/yr 21% more
Kotak Mahindara Life Insurance Cluster Head Salary 8 - 21 years exp. (9 salaries)	₹5.2 L/yr - ₹18.1 L/yr 46% more
Aditya Birla Sun Life Insurance Cluster Head Salary 6 - 9 years exp. (14 salaries)	₹7 L/yr - ₹12 L/yr 13% more
PNB MetLife Cluster Head Salary 12 - 18 years exp. (10 salaries)	₹15 L/yr - ₹18 L/yr 106% more
Tata AIA Life Insurance Cluster Head Salary 8 - 15 years exp. (10 salaries)	₹6.5 L/yr - ₹13.9 L/yr 44% more	4 job openings
Reliance Nippon Life Insurance Cluster Head Salary 9 - 19 years exp. (7 salaries)	₹4 L/yr - ₹10 L/yr 9% less
Reliance General Insurance Cluster Head Salary 10 - 17 years exp. (49 salaries)	₹7 L/yr - ₹19.4 L/yr 57% more
ICICI Lombard General Insurance Company Cluster Head Salary 3 - 18 years exp. (18 salaries)	₹7.8 L/yr - ₹17.5 L/yr 39% more
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Aditya Birla Health Insurance Co Cluster Head Salary 5 - 10 years exp. (10 salaries)	₹6 L/yr - ₹15.1 L/yr 19% more
SBI General Insurance Cluster Head Salary 14 - 19 years exp. (7 salaries)	₹8.7 L/yr - ₹20 L/yr 70% more
Tata AIG Cluster Head Salary 4 - 13 years exp. (5 salaries)	₹4.7 L/yr - ₹14.5 L/yr 4% more
Shriram Life Insurance Cluster Head Salary 11 - 22 years exp. (4 salaries)	₹4.8 L/yr - ₹12 L/yr 3% more
MDIndia Health Insurance TPA Cluster Head Salary 4 - 6 years exp. (4 salaries)	₹4.8 L/yr - ₹5.4 L/yr 39% less

Cluster Head salary at Canara HSBC Life Insurance ranges between ₹6 Lakhs to ₹12 Lakhs per year for employees with experience between 5 years to 20 years. Salary estimates are based on 18 latest salaries received from various employees of Canara HSBC Life Insurance.

Experience wise Canara HSBC Life Insurance Cluster Head salaries

Last Updated: 24 Nov 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹13.2 L/yr
6 years (3 salaries)	₹6 L/yr - ₹8.6 L/yr
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7 years (AmbitionBox Estimate)	₹3 L/yr - ₹8.6 L/yr
8 years (AmbitionBox Estimate)	₹6 L/yr - ₹13.9 L/yr
9 years (AmbitionBox Estimate)	₹7 L/yr - ₹9 L/yr
10 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
11 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.3 L/yr
12 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹14.8 L/yr
13 years (3 salaries)	₹7.8 L/yr - ₹8.4 L/yr
14 years (AmbitionBox Estimate)	₹8 L/yr - ₹9.2 L/yr
15+ years (6 salaries)	₹7.1 L/yr - ₹12 L/yr

View all

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Business Manager Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Branch Manager Salary

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₹4.5 L/yr - ₹8.05 L/yr

Salary related reviews for Canara HSBC Life Insurance

3.3

Rated by 5 employees for salary & benefits

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

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

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Canara HSBC Life Insurance Cluster Head Salary FAQs

What is the salary of Cluster Head at Canara HSBC Life Insurance?

Cluster Head salary at Canara HSBC Life Insurance in India ranges between ₹6.0 Lakhs to ₹12.0 Lakhs for experience between 5 years to 20 years. According to our estimates it is 41% less than the average Cluster Head Salary in India. Salary estimates are based on 18 latest salaries received from various employees of Canara HSBC Life Insurance India.

How does the salary of a Cluster Head at Canara HSBC Life Insurance India compare with the average salary range for this job?

The average salary of a Cluster Head at Canara HSBC Life Insurance is 41% less than the average salary of a Cluster Head in India. To know exact salary insights, login to view.

Which similar companies are paying more than Canara HSBC Life Insurance to a Cluster Head in India?

PNB MetLife Cluster Head Salary - ₹15.0 Lakhs to ₹18.0 Lakhs per year
SBI General Insurance Cluster Head Salary - ₹8.7 Lakhs to ₹20.0 Lakhs per year
Reliance General Insurance Cluster Head Salary - ₹7.0 Lakhs to ₹19.4 Lakhs per year
Kotak Mahindara Life Insurance Cluster Head Salary - ₹5.2 Lakhs to ₹18.1 Lakhs per year
Tata AIA Life Insurance Cluster Head Salary - ₹6.5 Lakhs to ₹13.9 Lakhs per year

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

ICICI Prudential Life Insurance Cluster Head Salary - ₹7.0 Lakhs to ₹15.0 Lakhs per year
ICICI Lombard General Insurance Company Cluster Head Salary - ₹7.8 Lakhs to ₹17.5 Lakhs per year
Max Life Insurance Cluster Head Salary - ₹7.0 Lakhs to ₹18.0 Lakhs per year
HDFC Life Cluster Head Salary - ₹5.9 Lakhs to ₹14.0 Lakhs per year
Bajaj Allianz Life Insurance Cluster Head Salary - ₹7.0 Lakhs to ₹14.1 Lakhs per year

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

The estimated take-home salary of a Cluster Head at Canara HSBC Life Insurance ranges between ₹60,818 per month to ₹62,358 per month in India. The take-home salary calculation is based on the average Canara HSBC Life Insurance Cluster Head salary in India which ranges between ₹6.0 Lakhs to ₹12.0 Lakhs per year for employees with experience between 5 years to 20 years. Check how did we calculate take home salary?

What is the notice period for Cluster Head at Canara HSBC Life Insurance?

According to AmbitionBox, 52% of the Canara HSBC Life Insurance Cluster Heads reported a notice period of 3 Months, 31% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 23 responses on AmbitionBox in last 2 years.

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Canara HSBC Life Insurance Cluster Head Salaries

Canara HSBC Life Insurance Cluster Head salary in India ranges between ₹6 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 18 Canara HSBC Life Insurance latest salaries received from various employees of Canara HSBC Life Insurance.