Canara HSBC Life Insurance Operations Associate Salaries by 5 Employees

1 - 4 years exp.

₹2 Lakhs - ₹3.8 Lakhs

Low Confidence

Salary of majority employees

19% less than the average Operations Associate Salary in Insurance Companies for 1 - 4 years of experience

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Salaries in different departments

Customer Success, Service & Operations Operations Associate Salary 1 - 4 years exp. (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.8 L/yr
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BFSI, Investments & Trading Operations Associate Salary 3 years exp. (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.2 L/yr

Last Updated: 18 Nov 2024

Companies similar to Canara HSBC Life Insurance for Operations Associate

Company name	Avg Annual Salary	Open Jobs
Allstate Operations Associate Salary 0 - 3 years exp. (345 salaries)	₹1.8 L/yr - ₹6.2 L/yr 24% more	1 job opening
SBI Life Insurance Company Operations Associate Salary 0 - 6 years exp. (107 salaries)	₹1.5 L/yr - ₹4.5 L/yr 2% more
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Guardian India Operations Associate Salary 1 - 6 years exp. (94 salaries)	₹2.2 L/yr - ₹5.2 L/yr 27% more
ICICI Prudential Life Insurance Operations Associate Salary 1 - 4 years exp. (36 salaries)	₹2.1 L/yr - ₹4 L/yr 11% more
Aditya Birla Health Insurance Co Operations Associate Salary 0 - 6 years exp. (23 salaries)	₹2.5 L/yr - ₹3.9 L/yr 13% more
HDFC Life Operations Associate Salary 1 - 5 years exp. (14 salaries)	₹1.8 L/yr - ₹4.5 L/yr 9% more
Tata AIG Operations Associate Salary 0 - 2 years exp. (10 salaries)	₹1.8 L/yr - ₹2.6 L/yr 23% less
Reliance General Insurance Operations Associate Salary 0 - 7 years exp. (6 salaries)	₹2.4 L/yr - ₹3 L/yr 8% less
Allianz Services Operations Associate Salary 1 - 4 years exp. (5 salaries)	₹3 L/yr - ₹5.5 L/yr 44% more
MetLife Operations Associate Salary 0 - 4 years exp. (4 salaries)	₹1.8 L/yr - ₹6 L/yr 36% more
SBI General Insurance Operations Associate Salary 0 - 5 years exp. (4 salaries)	₹3 L/yr - ₹4 L/yr 16% more
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ICICI Lombard General Insurance Company Operations Associate Salary 1 - 3 years exp. (4 salaries)	₹1.2 L/yr - ₹3.5 L/yr 14% less
Principal Global Services Operations Associate Salary 0 - 5 years exp. (4 salaries)	₹5.5 L/yr - ₹8 L/yr 121% more
Aditya Birla Sun Life Insurance Operations Associate Salary 0 - 6 years exp. (4 salaries)	₹1.8 L/yr - ₹3.5 L/yr 2% more
Iffco Tokio General Insurance Co. Operations Associate Salary 1 - 2 years exp. (4 salaries)	₹1.6 L/yr - ₹3.5 L/yr 12% less
Bajaj Allianz Life Insurance Operations Associate Salary 2 - 16 years exp. (4 salaries)	₹3.5 L/yr - ₹23 L/yr 232% more
PNB MetLife Operations Associate Salary 0 - 19 years exp. (4 salaries)	₹2 L/yr - ₹19 L/yr 137% more
Reliance Nippon Life Insurance Operations Associate Salary 1 - 3 years exp. (3 salaries)	₹1.3 L/yr - ₹2.8 L/yr 21% less
Allianz Operations Associate Salary 0 - 1 year exp. (3 salaries)	₹1.6 L/yr - ₹3 L/yr 13% less

Operations Associate salary at Canara HSBC Life Insurance ranges between ₹2 Lakhs to ₹3.8 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 5 latest salaries received from various employees of Canara HSBC Life Insurance.

Experience wise Canara HSBC Life Insurance Operations Associate salaries

Last Updated: 18 Nov 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
2 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.1 L/yr
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3 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.5 L/yr
4 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr

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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.

Skill development - Good

+2 more

Dislikes

Salary is average as per the company's standards.

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.

Salary - Bad

+6 more

Senior Associate in Belgaum

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

Process Associate in Gurgaon / Gurugram

Full Time

Other Department

5.0

• posted on 01 Feb 2022

4.0

for Salary and Benefits

Likes

Good work environment and cultre. Teammates are supportive and the management is transparent.

Salary - Good

+6 more

Dislikes

There is a lot of politcs and the management doesn’t address our issues. Salary is lil bit lower and career growth is also slow.

Operations Manager in Gurgaon / Gurugram

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 01 Jun 2023

1.0

for Salary and Benefits

Likes

Absolutely nothing

Dislikes

...le culture. Even top management is just busy in politics and finding scapegoats. Pay is peanuts and zero work life balance. The leaders have no respect for employees or their personal time. This is one of the worst organizations one can ever work for.

Salary - Bad

+6 more

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Canara HSBC Life Insurance Operations Associate Salary FAQs

What is the salary of Operations Associate at Canara HSBC Life Insurance ?

The average salary of a Operations Associate at Canara HSBC Life Insurance in India typically ranges from ₹2.0 Lakhs to ₹3.8 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Operations Associate at Canara HSBC Life Insurance earn more than ₹3.8 Lakhs per year, and the top 1% earn over ₹3.8 Lakhs per year. Operations Associate 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 5 Canara HSBC Life Insurance employees in India.

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

The estimated take-home salary of a Operations Associate at Canara HSBC Life Insurance in India typically ranges from ₹20,718 to ₹22,370 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹3.8 Lakhs per year for employees with experience ranging from 1 year to 4 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 5 salaries received from various employees of Canara HSBC Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Canara HSBC Life Insurance for Operations Associate in India?

Bajaj Allianz Life Insurance	₹3.5 Lakhs to ₹23.0 Lakhs per year
PNB MetLife	₹2.0 Lakhs to ₹19.0 Lakhs per year
Principal Global Services	₹5.5 Lakhs to ₹8.0 Lakhs per year
Allianz Services	₹3.0 Lakhs to ₹5.5 Lakhs per year
MetLife	₹1.8 Lakhs to ₹6.0 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 Operations Associate in companies similar to Canara HSBC Life Insurance in India?

The salary of a Operations Associate 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:

Guardian India	₹2.2 Lakhs to ₹5.2 Lakhs per year
Allstate	₹1.8 Lakhs to ₹6.2 Lakhs per year
SBI General Insurance	₹3.0 Lakhs to ₹4.0 Lakhs per year
Aditya Birla Health Insurance Co	₹2.5 Lakhs to ₹3.9 Lakhs per year
ICICI Prudential Life Insurance	₹2.1 Lakhs to ₹4.0 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 Operations Associate at Canara HSBC Life Insurance in India?

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

Experience	Average Salary Range
1 year	₹2.1 Lakhs to ₹2.7 Lakhs per year
2 years	₹2.5 Lakhs to ₹3.1 Lakhs per year
3 years	₹2.8 Lakhs to ₹3.5 Lakhs per year
4 years	₹3.1 Lakhs to ₹3.9 Lakhs per year

and so on.

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Canara HSBC Life Insurance Operations Associate Salaries

Canara HSBC Life Insurance Operations Associate salary in India ranges between ₹2 Lakhs to ₹3.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Canara HSBC Life Insurance latest salaries received from various employees of Canara HSBC Life Insurance.