Canara HSBC Life Insurance Insurance Sales Manager Salaries by 7 Employees (Updated 2024)

0 - 8 years exp.

₹3 Lakhs - ₹7 Lakhs

Low Confidence

Salary of majority employees

60% 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
HDFC Life Insurance Sales Manager Salary 1 - 7 years exp. (25 salaries)	₹1.5 L/yr - ₹4.2 L/yr 52% less
ICICI Prudential Life Insurance Insurance Sales Manager Salary 1 - 5 years exp. (12 salaries)	₹2.5 L/yr - ₹3.5 L/yr 47% less
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SBI Life Insurance Company Insurance Sales Manager Salary 3 - 5 years exp. (5 salaries)	₹2.3 L/yr - ₹3.5 L/yr 44% less
Max Life Insurance Insurance Sales Manager Salary 2 - 6 years exp. (10 salaries)	₹2.6 L/yr - ₹4 L/yr 44% less
Bajaj Allianz Life Insurance Insurance Sales Manager Salary 3 - 10 years exp. (9 salaries)	₹1.8 L/yr - ₹5.1 L/yr 33% less
Kotak Mahindara Life Insurance Insurance Sales Manager Salary 0 - 7 years exp. (7 salaries)	₹2.2 L/yr - ₹5 L/yr 32% less
Aditya Birla Sun Life Insurance Insurance Sales Manager Salary 1 - 4 years exp. (5 salaries)	₹2.1 L/yr - ₹3.5 L/yr 56% less
PNB MetLife Insurance Sales Manager Salary 1 - 4 years exp. (4 salaries)	₹1.5 L/yr - ₹4 L/yr 54% less
Tata AIA Life Insurance Insurance Sales Manager Salary 2 - 7 years exp. (29 salaries)	₹2.5 L/yr - ₹6.8 L/yr 4% less
Reliance Nippon Life Insurance Insurance Sales Manager Salary 1 - 7 years exp. (7 salaries)	₹2.2 L/yr - ₹3 L/yr 55% less
Tata AIG Insurance Sales Manager Salary 2 - 10 years exp. (5 salaries)	₹1.8 L/yr - ₹4.8 L/yr 43% less
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Aditya Birla Health Insurance Co Insurance Sales Manager Salary 1 - 6 years exp. (5 salaries)	₹2 L/yr - ₹4.3 L/yr 43% less
Star Health & Allied Insurance Insurance Sales Manager Salary 2 - 8 years exp. (5 salaries)	₹1.7 L/yr - ₹3 L/yr 58% less
ICICI Lombard General Insurance Company Insurance Sales Manager Salary 6 - 8 years exp. (4 salaries)	₹3.1 L/yr - ₹7.4 L/yr 17% less
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
Reliance General Insurance Insurance Sales Manager Salary 2 - 8 years exp. (4 salaries)	₹3.2 L/yr - ₹5.3 L/yr 22% 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 - ₹5.7 L/yr
1 year (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
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2 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
3 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹7.7 L/yr
4 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹8.4 L/yr
5 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
6 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹7 L/yr
7 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.7 L/yr
8 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹11.1 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

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

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.

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

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.

Dislikes

everything expect the Salary on time.

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.

Dislikes

Only salary is good. Everything is worst. Don’t work with Canara HSBC and don’t loose your time. Products also worst

Operations Analyst in Gurgaon / Gurugram

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 14 May 2024

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

Poor hiring process of senior HR Jaideep Singh and his team Given the interview, I submitted my documents, but at the time of package discussion, HR never called back for package rectification because their company is not relevant to giving packages to the new joiners, but they want them to work on fewer packages and be available for work every day of the week, 24/7.

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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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?

Insurance Sales Manager salary at Canara HSBC Life Insurance in India ranges between ₹3.0 Lakhs to ₹7.0 Lakhs for less than 1 year of experience to 8 years. According to our estimates it is 60% more than the average Insurance Sales Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Canara HSBC Life Insurance India.

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

The average salary of a Insurance Sales Manager at Canara HSBC Life Insurance is 60% more than the average salary of a Insurance Sales Manager in India. To know exact salary insights, login to view.

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

Tata AIA Life Insurance Insurance Sales Manager Salary - ₹2.5 Lakhs to ₹6.8 Lakhs per year
ICICI Lombard General Insurance Company Insurance Sales Manager Salary - ₹3.1 Lakhs to ₹7.4 Lakhs per year
Reliance General Insurance Insurance Sales Manager Salary - ₹3.2 Lakhs to ₹5.3 Lakhs per year
Kotak Mahindara Life Insurance Insurance Sales Manager Salary - ₹2.2 Lakhs to ₹5.0 Lakhs per year
Bajaj Allianz Life Insurance Insurance Sales Manager Salary - ₹1.8 Lakhs to ₹5.1 Lakhs per year

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 ranges between ₹42,520 per month to ₹43,647 per month in India. The take-home salary calculation is based on the average Canara HSBC Life Insurance Insurance Sales Manager salary in India which ranges between ₹3.0 Lakhs to ₹7.0 Lakhs per year for employees with less than 1 year of experience to 8 years. Check how did we calculate take home salary?

What is the notice period for Insurance Sales Manager at Canara HSBC Life Insurance?

According to AmbitionBox, 100% of the Canara HSBC Life Insurance Insurance Sales Managers reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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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.