Canara HSBC Life Insurance Insurance Sales Manager Salaries by 7 Employees

0 - 8 years exp.

₹3 Lakhs - ₹7 Lakhs

Low Confidence

Salary of majority employees

55% more than the average Insurance Sales Manager Salary in Insurance Companies for 0 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Insurance Sales Manager Salary 3 - 8 years exp. (4 salaries)	₹3.6 L/yr - ₹7 L/yr
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Human Resources Insurance Sales Manager Salary 3 - 6 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹7 L/yr

Last Updated: 6 Sep 2024

Companies similar to Canara HSBC Life Insurance for Insurance Sales Manager

Company name	Avg Annual Salary	Open Jobs
Tata AIA Life Insurance Insurance Sales Manager Salary 1 - 8 years exp. (27 salaries)	₹3.5 L/yr - ₹6.4 L/yr 5% less
HDFC Life Insurance Sales Manager Salary 1 - 12 years exp. (26 salaries)	₹1.5 L/yr - ₹5.8 L/yr 42% less
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ICICI Prudential Life Insurance Insurance Sales Manager Salary 1 - 5 years exp. (12 salaries)	₹2.5 L/yr - ₹3.5 L/yr 46% less
Bajaj Allianz Life Insurance Insurance Sales Manager Salary 3 - 10 years exp. (9 salaries)	₹1.8 L/yr - ₹5.1 L/yr 32% less
Reliance Nippon Life Insurance Insurance Sales Manager Salary 1 - 7 years exp. (7 salaries)	₹2.2 L/yr - ₹3 L/yr 55% less
Aditya Birla Sun Life Insurance Insurance Sales Manager Salary 1 - 5 years exp. (6 salaries)	₹2.1 L/yr - ₹3.5 L/yr 50% less
Tata AIG Insurance Sales Manager Salary 2 - 10 years exp. (5 salaries)	₹1.8 L/yr - ₹4.8 L/yr 42% less
Aditya Birla Health Insurance Co Insurance Sales Manager Salary 1 - 6 years exp. (5 salaries)	₹2 L/yr - ₹4.3 L/yr 42% less
SBI Life Insurance Company Insurance Sales Manager Salary 3 - 5 years exp. (5 salaries)	₹2.3 L/yr - ₹3.5 L/yr 44% less
Star Health & Allied Insurance Insurance Sales Manager Salary 2 - 8 years exp. (5 salaries)	₹1.7 L/yr - ₹3 L/yr 57% less
ICICI Lombard General Insurance Company Insurance Sales Manager Salary 6 - 8 years exp. (4 salaries)	₹3.1 L/yr - ₹7.4 L/yr 16% less
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Iffco Tokio General Insurance Co. Insurance Sales Manager Salary 1 - 4 years exp. (4 salaries)	₹1.8 L/yr - ₹3.6 L/yr 45% less
PNB MetLife Insurance Sales Manager Salary 1 - 4 years exp. (4 salaries)	₹1.5 L/yr - ₹4 L/yr 53% less
Reliance General Insurance Insurance Sales Manager Salary 2 - 8 years exp. (4 salaries)	₹3.2 L/yr - ₹5.3 L/yr 21% less
Shriram Life Insurance Insurance Sales Manager Salary 3 - 10 years exp. (3 salaries)	₹2.2 L/yr - ₹2.8 L/yr 57% less

Insurance Sales Manager salary at Canara HSBC Life Insurance ranges between ₹3 Lakhs to ₹7 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 7 latest salaries received from various employees of Canara HSBC Life Insurance.

Experience wise Canara HSBC Life Insurance Insurance Sales Manager salaries

Last Updated: 6 Sep 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3 L/yr - ₹6.2 L/yr
1 year (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
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2 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
3 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹8 L/yr
4 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹8.6 L/yr
5 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.8 L/yr
6 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹7 L/yr
7 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.6 L/yr
8 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹10.9 L/yr

View all

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Salary related reviews for Canara HSBC Life Insurance

2.5

Rated by 8 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

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

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Shifting from Bangalore to Hyderabad

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Canara HSBC Life Insurance Insurance Sales Manager Salary FAQs

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

The average salary of a Insurance Sales Manager at Canara HSBC Life Insurance in India typically ranges from ₹3.0 Lakhs to ₹7.0 Lakhs per year, depending on experience (from Fresher to 8 years).

The top 10% of Insurance Sales Manager at Canara HSBC Life Insurance earn more than ₹7.0 Lakhs per year, and the top 1% earn over ₹7.0 Lakhs per year. Insurance Sales 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 7 Canara HSBC Life Insurance employees in India.

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

The estimated take-home salary of a Insurance Sales Manager at Canara HSBC Life Insurance in India typically ranges from ₹42,008 to ₹43,144 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹7.0 Lakhs per year for employees with experience ranging from Fresher to 8 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 is the salary of a Insurance Sales Manager in companies similar to Canara HSBC Life Insurance in India?

The salary of a Insurance Sales Manager 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:

Tata AIA Life Insurance	₹3.5 Lakhs to ₹6.4 Lakhs per year
ICICI Lombard General Insurance Company	₹3.1 Lakhs to ₹7.4 Lakhs per year
Reliance General Insurance	₹3.2 Lakhs to ₹5.3 Lakhs per year
Bajaj Allianz Life Insurance	₹1.8 Lakhs to ₹5.1 Lakhs per year
Tata AIG	₹1.8 Lakhs to ₹4.8 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 Insurance Sales Manager at Canara HSBC Life Insurance in India?

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

Experience	Average Salary Range
Fresher	₹3.0 Lakhs to ₹6.2 Lakhs per year
1 year	₹3.4 Lakhs to ₹4.4 Lakhs per year
2 years	₹3.7 Lakhs to ₹4.7 Lakhs per year
3 years	₹3.5 Lakhs to ₹8.0 Lakhs per year

and so on.

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Canara HSBC Life Insurance Insurance Sales Manager Salaries

Canara HSBC Life Insurance Insurance Sales Manager salary in India ranges between ₹3 Lakhs to ₹7 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.