Canara HSBC Life Insurance Mumbai Cluster Manager Salaries by 4 Employees (Updated 2025)

6 - 8 years exp.

₹7.1 Lakhs - ₹9.7 Lakhs

Salary of majority employees

17% less than the average Cluster Manager Salary in Insurance Companies for 6 - 8 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Cluster Manager Salary 7 - 8 years exp. (3 salaries)	₹7.1 L/yr - ₹9.7 L/yr
Login to view exact salary
Sales & Business Development Cluster Manager Salary 6 years exp. (AmbitionBox Estimate)	₹7.1 L/yr - ₹9.2 L/yr

Last Updated: 24 Oct 2024

Companies similar to Canara HSBC Life Insurance for Cluster Manager in Mumbai

Canara HSBC Life Insurance Cluster Manager Salary

6 - 8 years exp. (4 salaries)

₹7.1 L/yr - ₹9.7 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Cluster Manager Salary 6 - 16 years exp. (26 salaries)	₹6 L/yr - ₹11.5 L/yr 4% more
ICICI Prudential Life Insurance Cluster Manager Salary 11 - 15 years exp. (5 salaries)	₹6.5 L/yr - ₹13.5 L/yr 8% more
Login to view exact salary
Max Life Insurance Cluster Manager Salary 6 - 15 years exp. (19 salaries)	₹6.5 L/yr - ₹13.9 L/yr 37% more	2 job openings
Aditya Birla Sun Life Insurance Cluster Manager Salary 1 - 13 years exp. (31 salaries)	₹6.8 L/yr - ₹14 L/yr 19% more
Reliance General Insurance Cluster Manager Salary 8 - 18 years exp. (29 salaries)	₹6.7 L/yr - ₹17.5 L/yr 52% more
Aditya Birla Health Insurance Co Cluster Manager Salary 3 - 10 years exp. (12 salaries)	₹7 L/yr - ₹10.2 L/yr 4% less
Bajaj Allianz Life Insurance Cluster Manager Salary 5 - 14 years exp. (5 salaries)	₹5 L/yr - ₹14.3 L/yr 20% more
Star Health & Allied Insurance Cluster Manager Salary 5 - 12 years exp. (5 salaries)	₹6.3 L/yr - ₹7.5 L/yr 25% less
Reliance Nippon Life Insurance Cluster Manager Salary 15 - 16 years exp. (4 salaries)	₹7.8 L/yr - ₹15 L/yr 10% more
Kotak Mahindara Life Insurance Cluster Manager Salary 7 - 10 years exp. (3 salaries)	₹7.3 L/yr - ₹12.5 L/yr 3% less

Cluster Manager salary at Canara HSBC Life Insurance ranges between ₹7.1 Lakhs to ₹9.7 Lakhs per year for employees with experience between 6 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Canara HSBC Life Insurance.

Experience wise Canara HSBC Life Insurance Cluster Manager salaries in Mumbai

Last Updated: 24 Oct 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹13.9 L/yr
7 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9.7 L/yr
Login to view exact salary
8 years (AmbitionBox Estimate)	₹8 L/yr - ₹14.4 L/yr

Similar Designation salaries in Canara HSBC Life Insurance

Sales Manager Salary

(9 salaries)

₹3 L/yr - ₹7.5 L/yr

Relationship Manager Salary

(9 salaries)

₹3 L/yr - ₹5.6 L/yr

Deputy Manager Salary

(6 salaries)

₹6.4 L/yr - ₹9.34 L/yr

Territory Manager Salary

(4 salaries)

₹6 L/yr - ₹7 L/yr

Area Sales Manager Salary

(4 salaries)

₹8.5 L/yr - ₹12 L/yr

Top skills at Canara HSBC Life Insurance for Cluster Manager

Team Handling Bancassurance Territory Sales Area Sales Sales Life Insurance

Salary related reviews for Canara HSBC Life Insurance

5.0

Rated by 2 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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

YOE: 6.5, Domain: Management Consulting CCTC: 30 LPA (24LPA + 6LPA) Current Company: Infosys Consulting Have Two Offers in hand?, Which One should I pick? One from Infosys Consulting for Onsite (UK - London) Fixed: 52000 Pounds + 13000 Pounds Variable Another from American Express (band 35), Gurgaon CTC:42.8 LPA Fixed:36.4 LPA + Rest Variable

Got a question about Canara HSBC Life Insurance?

Ask anonymously on communities.

Canara HSBC Life Insurance Cluster Manager Salary FAQs

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

Cluster Manager salary at Canara HSBC Life Insurance in Mumbai ranges between ₹7.1 Lakhs to ₹9.7 Lakhs for experience between 6 years to 8 years. According to our estimates it is 17% less than the average Cluster Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Canara HSBC Life Insurance Mumbai.

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

The average salary of a Cluster Manager at Canara HSBC Life Insurance is 17% less than the average salary of a Cluster Manager in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Cluster Manager at Canara HSBC Life Insurance?

Team Handling, Bancassurance, Territory Sales, Area Sales and Sales are some of the popular skills required to work as a Cluster Manager at Canara HSBC Life Insurance Mumbai.

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

Reliance General Insurance Cluster Manager Salary - ₹6.7 Lakhs to ₹17.5 Lakhs per year
Max Life Insurance Cluster Manager Salary - ₹6.5 Lakhs to ₹13.9 Lakhs per year
Bajaj Allianz Life Insurance Cluster Manager Salary - ₹5.0 Lakhs to ₹14.3 Lakhs per year
Aditya Birla Sun Life Insurance Cluster Manager Salary - ₹6.8 Lakhs to ₹14.0 Lakhs per year
Reliance Nippon Life Insurance Cluster Manager Salary - ₹7.8 Lakhs to ₹15.0 Lakhs per year

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

ICICI Prudential Life Insurance Cluster Manager Salary - ₹6.5 Lakhs to ₹13.5 Lakhs per year
HDFC Life Cluster Manager Salary - ₹6.0 Lakhs to ₹11.5 Lakhs per year
Kotak Mahindara Life Insurance Cluster Manager Salary - ₹7.3 Lakhs to ₹12.5 Lakhs per year
Aditya Birla Health Insurance Co Cluster Manager Salary - ₹7.0 Lakhs to ₹10.2 Lakhs per year
Star Health & Allied Insurance Cluster Manager Salary - ₹6.3 Lakhs to ₹7.5 Lakhs per year

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

The estimated take-home salary of a Cluster Manager at Canara HSBC Life Insurance ranges between ₹61,656 per month to ₹63,219 per month in Mumbai. The take-home salary calculation is based on the average Canara HSBC Life Insurance Cluster Manager salary in India which ranges between ₹7.1 Lakhs to ₹9.7 Lakhs per year for employees with experience between 6 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Cluster Manager at Canara HSBC Life Insurance in Mumbai?

According to AmbitionBox, 67% of the Canara HSBC Life Insurance Cluster Managers in Mumbai reported a notice period of 2 Months, 33% reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Home >
Salaries >
Canara HSBC Life Insurance Salaries >
Canara HSBC Life Insurance Cluster Manager Salaries >
Canara HSBC Life Insurance Cluster Manager Salaries in Mumbai

Canara HSBC Life Insurance Cluster Manager salary in Mumbai ranges between ₹7.1 Lakhs to ₹9.7 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.