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Canara HSBC Life Insurance Operations Manager salaries in India (Updated 2025)

Annual salary range
0 - 15 years exp.
₹3.3 Lakhs - ₹12.4 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.
Salary of majority employees
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36% less than the average Operations Manager Salary in Insurance Companies for 0 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Operations Manager Salary
0 - 15 years exp. (4 salaries)
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₹2.8 L/yr - ₹3.1 L/yr

Customer Success, Service & Operations
Operations Manager Salary
11 - 12 years exp. (AmbitionBox Estimate)
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₹6 L/yr - ₹12.4 L/yr

Last Updated: 10 Feb 2025

Companies similar to Canara HSBC Life Insurance for Operations Manager

Company name Avg Annual Salary Open Jobs
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₹1.8 L/yr - ₹9 L/yr

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₹2.4 L/yr - ₹9 L/yr

arrow icon 30% less
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₹3.6 L/yr - ₹13 L/yr

arrow icon 15% more
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₹1.5 L/yr - ₹7.5 L/yr

arrow icon 39% less
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HDFC Life Operations Manager Salary

1 - 17 years exp. (38 salaries)

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₹1.5 L/yr - ₹10.4 L/yr

arrow icon 19% less
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Tata AIG Operations Manager Salary

5 - 12 years exp. (25 salaries)

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₹3.3 L/yr - ₹10 L/yr

arrow icon 19% less
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₹1.7 L/yr - ₹9.5 L/yr

arrow icon 24% less
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MetLife Operations Manager Salary

7 - 19 years exp. (22 salaries)

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₹16.6 L/yr - ₹30.4 L/yr

arrow icon 223% more
1 job opening
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₹6.5 L/yr - ₹15.6 L/yr

arrow icon 67% more
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₹3.5 L/yr - ₹15 L/yr

arrow icon 20% more
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Guardian India Operations Manager Salary

9 - 15 years exp. (14 salaries)

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₹8.1 L/yr - ₹16 L/yr

arrow icon 66% more
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₹3.4 L/yr - ₹10.6 L/yr

arrow icon 13% less
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₹15 L/yr - ₹27 L/yr

arrow icon 205% more
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₹5.1 L/yr - ₹8.2 L/yr

arrow icon 12% less
1 job opening
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₹2.9 L/yr - ₹3.9 L/yr

arrow icon 44% less
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Allianz Services Operations Manager Salary

9 - 17 years exp. (10 salaries)

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₹13.8 L/yr - ₹20 L/yr

arrow icon 138% more
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₹15 L/yr - ₹23 L/yr

arrow icon 144% more
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PNB MetLife Operations Manager Salary

8 - 17 years exp. (9 salaries)

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₹5.5 L/yr - ₹11.2 L/yr

arrow icon 6% less
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Allstate Operations Manager Salary

15 - 19 years exp. (8 salaries)

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₹17.5 L/yr - ₹50 L/yr

arrow icon 447% more
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₹2.6 L/yr - ₹10.1 L/yr

arrow icon 21% less
View all
Operations Manager salary at Canara HSBC Life Insurance ranges between ₹3.3 Lakhs to ₹12.4 Lakhs per year for employees with less than 1 year of experience to 15 years. Salary estimates are based on 7 latest salaries received from various employees of Canara HSBC Life Insurance.

Latest annual salaries shared by Canara HSBC Life Insurance Operations Manager

3w ago
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11 years exp.
1mo ago
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2 years exp.
4mo ago
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12 years exp.
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6 years exp.
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10 years exp.
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15 years exp.

Experience wise Canara HSBC Life Insurance Operations Manager salaries

Last Updated: 10 Feb 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹3.3 L/yr - ₹11.8 L/yr
1 year (AmbitionBox Estimate)

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₹6 L/yr - ₹7.6 L/yr
2 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹12 L/yr
3 years (AmbitionBox Estimate)

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₹6.1 L/yr - ₹7.7 L/yr
4 years (AmbitionBox Estimate)

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₹6.1 L/yr - ₹7.8 L/yr
View all

Similar Designation salaries in Canara HSBC Life Insurance

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₹2.5 L/yr - ₹6.01 L/yr
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₹15 L/yr - ₹19 L/yr
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₹8.1 L/yr - ₹10 L/yr
Service Manager Salary
(AmbitionBox Estimate)
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₹1.7 L/yr - ₹2.2 L/yr
Team Manager Salary
(7 salaries)
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₹3 L/yr - ₹7.5 L/yr
Branch Manager Salary
(7 salaries)
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₹7 L/yr - ₹12.5 L/yr
Area Manager Salary
(7 salaries)
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₹8.5 L/yr - ₹12 L/yr
Deputy Manager Salary
(114 salaries)
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₹5 L/yr - ₹16 L/yr
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₹10 L/yr - ₹20 L/yr
Project Manager Salary
(10 salaries)
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₹7 L/yr - ₹16.5 L/yr

Salary related reviews for Canara HSBC Life Insurance

3.4

Rated by 5 employees for salary & benefits

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.

read more
  • Salary - Bad
  • +6 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.

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

BFSI, Investments & Trading Department

3.0
  •  posted on 27 Sep 2020

2.0
 for  Salary and Benefits

Likes

... band 8 in covid situation co has started 4 lac medical policy... Its good ..... 7 days working, no increament as u know that our ctc is not good i m totally dependent co, currently co hire employees in high package same profile.. Existing employees sitting on same package.. 5 day co policy when i joined now saturday &Sunday working no addition benefit given. ..... Ok what to do. .

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Dislikes

No HR value in choice, no ethics, 7 days working, no increament, late night working

  • Salary - Poor
  • +3 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
see more salary related reviews

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Canara HSBC Life Insurance Operations Manager Salary FAQs

What is the salary of Operations Manager at Canara HSBC Life Insurance ?
The average salary of a Operations Manager at Canara HSBC Life Insurance in India typically ranges from ₹3.3 Lakhs to ₹12.4 Lakhs per year, depending on experience (from Fresher to 15 years).

The top 10% of Operations Manager at Canara HSBC Life Insurance earn more than ₹12.2 Lakhs per year, and the top 1% earn over ₹12.4 Lakhs per year. Operations 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 Operations Manager at Canara HSBC Life Insurance in India?
The estimated take-home salary of a Operations Manager at Canara HSBC Life Insurance in India typically ranges from ₹52,537 to ₹53,843 per month. This is based on the average salary range of ₹3.3 Lakhs to ₹12.4 Lakhs per year for employees with experience ranging from Fresher to 15 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.
Which companies offer higher salaries than Canara HSBC Life Insurance for Operations Manager in India?
Allstate ₹17.5 Lakhs to ₹50.0 Lakhs per year
MetLife ₹16.6 Lakhs to ₹30.4 Lakhs per year
Principal Global Services ₹15.0 Lakhs to ₹27.0 Lakhs per year
Gallagher ₹15.9 Lakhs to ₹21.3 Lakhs per year
First American Corporation ₹15.0 Lakhs to ₹23.0 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 Manager in companies similar to Canara HSBC Life Insurance in India?
The salary of a Operations 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:

Allianz Services ₹13.8 Lakhs to ₹20.0 Lakhs per year
Allianz ₹8.0 Lakhs to ₹23.0 Lakhs per year
Tata AIA Life Insurance ₹6.5 Lakhs to ₹15.6 Lakhs per year
Guardian India ₹8.1 Lakhs to ₹16.0 Lakhs per year
Bajaj Allianz Life Insurance ₹3.5 Lakhs to ₹15.0 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 Manager at Canara HSBC Life Insurance in India?
The salary growth for a Operations Manager at Canara HSBC Life Insurance depends on factors such as experience, performance, and promotions. On average, a Operations Manager can expect the following growth trajectory at Canara HSBC Life Insurance:

Experience Average Salary Range
Fresher ₹3.3 Lakhs to ₹11.8 Lakhs per year
1 year ₹6.0 Lakhs to ₹7.6 Lakhs per year
2 years ₹3.5 Lakhs to ₹12.0 Lakhs per year
3 years ₹6.1 Lakhs to ₹7.7 Lakhs per year
and so on.

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Canara HSBC Life Insurance Operations Manager salary in India ranges between ₹3.3 Lakhs to ₹12.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 Canara HSBC Life Insurance latest salaries received from various employees of Canara HSBC Life Insurance.