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This company page is being actively managed by Canara HSBC Life Insurance Team. If you also belong to the team, you can get access from here

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3.7

based on 2k Reviews

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Canara HSBC Life Insurance Insurance Sales Manager salaries in Mumbai

Annual salary range
0 - 8 years exp.
₹4.6 Lakhs - ₹5.9 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary (AmbitionBox Estimate)
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This is an estimate of the average salary for this position. The actual salary may differ.
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Monthly In-hand Salary

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Last Updated: 15 Mar 2023

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

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Canara HSBC Life Insurance Insurance Sales Manager Salary

0 - 8 years exp. (AmbitionBox Estimate)

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₹4.6 L/yr - ₹5.9 L/yr

vs
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Tata AIA Life Insurance Insurance Sales Manager Salary

4 - 7 years exp. (3 salaries)
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₹4.3 L/yr - ₹5.6 L/yr

arrow icon 2% less
Insurance Sales Manager salary at Canara HSBC Life Insurance ranges between ₹4.6 Lakhs to ₹5.9 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 2 latest salaries received from various employees of Canara HSBC Life Insurance.

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Salary related reviews for Canara HSBC Life Insurance

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.

read more
  • 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.

read more
  • 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.

read more
  • Salary - Excellent
    • +1 more

Dislikes

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

read more
  • 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

read more
  • 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.

read more
  • Salary - Good
    • +1 more

Dislikes

everything expect the Salary on time.

  • Job security - Bad
    • +4 more
see more salary related reviews

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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 Insurance Sales Manager Salary FAQs

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

Experience Average Salary Range
Fresher ₹2.7 Lakhs to ₹3.5 Lakhs per year
1 year ₹3.0 Lakhs to ₹3.9 Lakhs per year
2 years ₹3.3 Lakhs to ₹4.2 Lakhs per year
3 years ₹3.6 Lakhs to ₹4.6 Lakhs per year
and so on.

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Canara HSBC Life Insurance Insurance Sales Manager salary in Mumbai ranges between ₹4.6 Lakhs to ₹5.9 Lakhs. This is an estimate based on latest salaries received from employees of Canara HSBC Life Insurance.