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Canara HSBC Life Insurance Manager salaries in Mumbai

Annual salary range
7 - 14 years exp.
₹10 Lakhs - ₹16.1 Lakhs
Salary of majority employees
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22% less than the average Manager Salary in Insurance Companies for 7 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Manager Salary
7 - 13 years exp. (3 salaries)
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₹10 L/yr - ₹13 L/yr

Finance & Accounting
Manager Salary
7 - 8 years exp. (3 salaries)
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₹13.2 L/yr - ₹16.1 L/yr

Sales & Business Development
Manager Salary
8 - 14 years exp. (3 salaries)
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₹10.5 L/yr - ₹14 L/yr

Last Updated: 31 Aug 2024

Companies similar to Canara HSBC Life Insurance for Manager in Mumbai

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Canara HSBC Life Insurance Manager Salary

7 - 14 years exp. (9 salaries)

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₹10 L/yr - ₹16.1 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Life Manager Salary

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₹6 L/yr - ₹16 L/yr

arrow icon 25% less
1 job opening
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Tata AIG Manager Salary

1 - 11 years exp. (216 salaries)

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₹3.8 L/yr - ₹11 L/yr

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ICICI Prudential Life Insurance Manager Salary

1 - 13 years exp. (182 salaries)

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₹4 L/yr - ₹14 L/yr

arrow icon 37% less
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Tata AIA Life Insurance Manager Salary

3 - 18 years exp. (152 salaries)

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₹6.7 L/yr - ₹29.1 L/yr

arrow icon 29% more
2 job openings
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SBI Life Insurance Company Manager Salary

3 - 20 years exp. (150 salaries)

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₹5.5 L/yr - ₹17 L/yr

arrow icon 15% less
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Aditya Birla Health Insurance Co Manager Salary

1 - 12 years exp. (135 salaries)

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₹5 L/yr - ₹17 L/yr

arrow icon 19% less
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₹3.5 L/yr - ₹12.1 L/yr

arrow icon 45% less
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Aditya Birla Sun Life Insurance Manager Salary

0 - 12 years exp. (108 salaries)

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₹5 L/yr - ₹18 L/yr

arrow icon 14% less
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Reliance General Insurance Manager Salary

2 - 16 years exp. (75 salaries)

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₹5 L/yr - ₹14.6 L/yr

arrow icon 36% less
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Reliance Nippon Life Insurance Manager Salary

2 - 18 years exp. (65 salaries)

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₹3.2 L/yr - ₹11.8 L/yr

arrow icon 45% less
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Bajaj Allianz Life Insurance Manager Salary

3 - 18 years exp. (40 salaries)

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₹8.5 L/yr - ₹18.5 L/yr

arrow icon 3% more
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SBI General Insurance Manager Salary

1 - 11 years exp. (35 salaries)

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₹6.5 L/yr - ₹15 L/yr

arrow icon 33% less
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PNB MetLife Manager Salary

7 - 17 years exp. (35 salaries)

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₹4.7 L/yr - ₹15.5 L/yr

arrow icon 12% less
1 job opening
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₹6.4 L/yr - ₹15 L/yr

arrow icon 22% less
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MDIndia Health Insurance TPA Manager Salary

9 - 13 years exp. (7 salaries)

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₹4.1 L/yr - ₹7 L/yr

arrow icon 54% less
1 job opening
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Marsh Manager Salary

3 - 11 years exp. (6 salaries)

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₹8 L/yr - ₹25 L/yr

arrow icon 10% more
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Star Health & Allied Insurance Manager Salary

1 - 12 years exp. (4 salaries)

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₹3.2 L/yr - ₹10.8 L/yr

arrow icon 45% less
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Gallagher Manager Salary

8 - 13 years exp. (3 salaries)

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₹12 L/yr - ₹14 L/yr

arrow icon 5% less
Manager salary at Canara HSBC Life Insurance ranges between ₹10 Lakhs to ₹16.1 Lakhs per year for employees with experience between 7 years to 14 years. Salary estimates are based on 9 latest salaries received from various employees of Canara HSBC Life Insurance.

Latest annual salaries shared by Canara HSBC Life Insurance Manager in Mumbai

6mo ago
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14 years exp.
7mo ago
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8 years exp.
7mo ago
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9 years exp.
1y ago
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7 years exp.
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8 years exp.

Experience wise Canara HSBC Life Insurance Manager salaries in Mumbai

Last Updated: 31 Aug 2024

Experience Avg Annual Salary
7 years  (3 salaries)

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₹5.1 L/yr - ₹16.1 L/yr
8 years (AmbitionBox Estimate)

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₹11.4 L/yr - ₹14.6 L/yr
9 years (AmbitionBox Estimate)

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₹11.5 L/yr - ₹14.7 L/yr
10 years (AmbitionBox Estimate)

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₹11.5 L/yr - ₹14.7 L/yr
11 years (AmbitionBox Estimate)

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₹11.6 L/yr - ₹14.8 L/yr
View all

Similar Designation salaries in Canara HSBC Life Insurance

Deputy Manager Salary
(6 salaries)
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₹6.4 L/yr - ₹9.18 L/yr

Top skills at Canara HSBC Life Insurance for Manager

Policy Servicing Process Re - engineering Insurance Operations Google Analytics Automation

Salary related reviews for Canara HSBC Life Insurance

1.4

Rated by 3 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 12 Oct 2023

1.0
 for  Salary and Benefits

Likes

Good office space, location.

Dislikes

...ompetent top management. No employee redressal. Too much groupism and politics. Low compensation. Over burdened with work, no work life balance. Required to work on weekends and holidays.

read more
  • Salary - Bad
  • +5 more

Full Time

 · 

Finance & Accounting Department

4.0
  •  posted on 25 Jul 2023

4.0
 for  Salary and Benefits

Likes

Flexible time, salary on time good bank support to generate business

  • Salary - Good
  • +3 more

Dislikes

Sales Training is not upto the mark ..service problems are big challenges.. there is no such correct path get resolving any it or service issues

read more

Full Time

 · 

Marketing & Communication Department

1.0
  •  posted on 06 Oct 2024

1.0
 for  Salary and Benefits

Likes

The way HR fools you by not disclosing their so important company policy. Giving you high salary packages, as a trap.

read more

Dislikes

..., ICICI prudential, but nothing .. seriously nothing is worst like this company. Their reporting managers don't know anything about the process but they only know how to cut your salary... Everyone is here to blaming you only that all your fault. Before joining here I was a good performer in my job i know how to work , in my previous companies I have lots of achievements, but after joining here I loose my self confidence, I loose my mental health, I loose my peace of mind. And all this I got within 4 months of joining. I have resigned here and not expecting to join this company again ever in my life, worst worst worst experience. I will never let go here anyone from my friends and my reference. Suggestion for everyone. I don't have option to give less star than 1 . Every feedback here which show more than 3 star is could be fake or from the higher management or HR or the any lucky person here who got business easily. Worst product they have. They do so much miss sale in branch. Numbers of complaints have registered against their of miss selling. If you are able to do miss sale or Miss guide to the customer, only than you can stay here last long otherwise I bet you.... You won't stay here for long.

read more
  • Salary - Bad
  • +6 more

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.

read more
  • Salary - Good
  • +1 more

Dislikes

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

read more
  • Job security - Bad
  • +4 more

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.

see more salary related reviews

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Canara HSBC Life Insurance Manager Salary FAQs

What is the salary of Manager at Canara HSBC Life Insurance in Mumbai?
The average salary of a Manager at Canara HSBC Life Insurance in Mumbai typically ranges from ₹10.0 Lakhs to ₹16.1 Lakhs per year, depending on experience (from 7 years to 14 years).

The top 10% of Manager in Mumbai at Canara HSBC Life Insurance earn more than ₹15.6 Lakhs per year, and the top 1% earn over ₹16.1 Lakhs per year. 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 9 Canara HSBC Life Insurance employees in India.
What is the estimated take home salary of a Manager at Canara HSBC Life Insurance in Mumbai?
The estimated take-home salary of a Manager at Canara HSBC Life Insurance in Mumbai typically ranges from ₹90,945 to ₹93,337 per month. This is based on the average salary range of ₹10.0 Lakhs to ₹16.1 Lakhs per year for employees with experience ranging from 7 years to 14 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 9 salaries received from various employees of Canara HSBC Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Manager at Canara HSBC Life Insurance in Mumbai?
To be a Manager at Canara HSBC Life Insurance in Mumbai, the key skills required include:

  • - Policy Servicing
  • - Process Re - engineering
  • - Insurance Operations
  • - Google Analytics
  • - Automation

These skills are highly valued at Canara HSBC Life Insurance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Canara HSBC Life Insurance for Manager in India?
Tata AIA Life Insurance ₹6.7 Lakhs to ₹29.1 Lakhs per year
Marsh ₹8.0 Lakhs to ₹25.0 Lakhs per year
Bajaj Allianz Life Insurance ₹8.5 Lakhs to ₹18.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Canara HSBC Life Insurance, depending on the role and experience level.
What is the salary of a Manager in companies similar to Canara HSBC Life Insurance in Mumbai?
The salary of a Manager at companies similar to Canara HSBC Life Insurance in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Gallagher ₹12.0 Lakhs to ₹14.0 Lakhs per year
PNB MetLife ₹4.7 Lakhs to ₹15.5 Lakhs per year
Aditya Birla Sun Life Insurance ₹5.0 Lakhs to ₹18.0 Lakhs per year
SBI Life Insurance Company ₹5.5 Lakhs to ₹17.0 Lakhs per year
Aditya Birla Health Insurance Co ₹5.0 Lakhs to ₹17.0 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 Manager at Canara HSBC Life Insurance in Mumbai?
The salary growth for a Manager at Canara HSBC Life Insurance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Manager in Mumbai can expect the following growth trajectory at Canara HSBC Life Insurance:

Experience Average Salary Range
7 years ₹5.1 Lakhs to ₹16.1 Lakhs per year
8 years ₹11.4 Lakhs to ₹14.6 Lakhs per year
9 years ₹11.5 Lakhs to ₹14.7 Lakhs per year
10 years ₹11.5 Lakhs to ₹14.7 Lakhs per year
and so on.

Tell us how to improve this page.

Canara HSBC Life Insurance Manager salary in Mumbai ranges between ₹10 Lakhs to ₹16.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 9 Canara HSBC Life Insurance latest salaries received from various employees of Canara HSBC Life Insurance.