Canara HSBC Life Insurance Program Manager Salaries by 4 Employees (Updated 2024)

7 - 10 years exp.

₹10 Lakhs - ₹20 Lakhs

Low Confidence

Salary of majority employees

36% less than the average Program Manager Salary in Insurance Companies for 7 - 10 years of experience

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Salaries in different departments

Product Management Program Manager Salary 9 - 10 years exp. (AmbitionBox Estimate)	₹9 L/yr - ₹11 L/yr
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Project & Program Management Program Manager Salary 7 - 8 years exp. (AmbitionBox Estimate)	₹18.5 L/yr - ₹20 L/yr

Last Updated: 31 Aug 2024

Companies similar to Canara HSBC Life Insurance for Program Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Life Program Manager Salary 1 - 22 years exp. (4 salaries)	₹12 L/yr - ₹25 L/yr 6% more	1 job opening
ICICI Prudential Life Insurance Program Manager Salary 0 - 4 years exp. (3 salaries)	₹6.5 L/yr - ₹18 L/yr 4% less
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SBI Life Insurance Company Program Manager Salary 10 - 20 years exp. (3 salaries)	₹12.2 L/yr - ₹20 L/yr 11% more
Max Life Insurance Program Manager Salary 3 - 10 years exp. (11 salaries)	₹7.5 L/yr - ₹28.7 L/yr 19% more	1 job opening
Bajaj Allianz Life Insurance Program Manager Salary 1 - 10 years exp. (19 salaries)	₹6.6 L/yr - ₹24 L/yr 1% more
Kotak Mahindara Life Insurance Program Manager Salary 2 - 6 years exp. (3 salaries)	₹4.4 L/yr - ₹7.2 L/yr 59% less
Aditya Birla Sun Life Insurance Program Manager Salary 2 - 5 years exp. (6 salaries)	₹8.6 L/yr - ₹20 L/yr 19% less
Tata AIA Life Insurance Program Manager Salary 1 - 18 years exp. (9 salaries)	₹10 L/yr - ₹18.2 L/yr 12% more
Reliance Nippon Life Insurance Program Manager Salary 14 - 15 years exp. (3 salaries)	₹8.1 L/yr - ₹18.2 L/yr 23% less
Principal Global Services Program Manager Salary 15 - 22 years exp. (17 salaries)	₹36 L/yr - ₹60 L/yr 239% more
MetLife Program Manager Salary 7 - 20 years exp. (5 salaries)	₹18 L/yr - ₹30 L/yr 70% more
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Reliance General Insurance Program Manager Salary 1 - 18 years exp. (5 salaries)	₹7 L/yr - ₹12.8 L/yr 38% less
Allstate Program Manager Salary 8 - 16 years exp. (4 salaries)	₹17 L/yr - ₹18 L/yr 18% more
Aditya Birla Health Insurance Co Program Manager Salary 9 - 18 years exp. (3 salaries)	₹7 L/yr - ₹18.6 L/yr 11% less
AXA Program Manager Salary 6 - 8 years exp. (3 salaries)	₹12 L/yr - ₹14 L/yr 14% less
Star Health & Allied Insurance Program Manager Salary 4 - 20 years exp. (3 salaries)	₹14.4 L/yr - ₹22 L/yr 26% more

Program Manager salary at Canara HSBC Life Insurance ranges between ₹10 Lakhs to ₹20 Lakhs per year for employees with experience between 7 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Canara HSBC Life Insurance.

Experience wise Canara HSBC Life Insurance Program Manager salaries

Last Updated: 31 Aug 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹18.5 L/yr - ₹35.9 L/yr
8 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹20 L/yr
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9 years (AmbitionBox Estimate)	₹10 L/yr - ₹23.1 L/yr
10 years (AmbitionBox Estimate)	₹10 L/yr - ₹10 L/yr

Similar Designation salaries in Canara HSBC Life Insurance

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Delivery Manager Salary

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₹11.7 L/yr - ₹15 L/yr

Engineering Manager Salary

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Service Delivery Manager Salary

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Associate Consultant Salary

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Salary related reviews for Canara HSBC Life Insurance

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

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.

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.

Manager in Gurgaon / Gurugram

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.

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

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Salary Discussions, Hike & Promotions

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 Program Manager Salary FAQs

What is the salary of Program Manager at Canara HSBC Life Insurance?

Program Manager salary at Canara HSBC Life Insurance in India ranges between ₹10.0 Lakhs to ₹20.0 Lakhs for experience between 7 years to 10 years. According to our estimates it is 36% less than the average Program Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Canara HSBC Life Insurance India.

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

The average salary of a Program Manager at Canara HSBC Life Insurance is 36% less than the average salary of a Program Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Canara HSBC Life Insurance to a Program Manager in India?

Principal Global Services Program Manager Salary - ₹36.0 Lakhs to ₹60.0 Lakhs per year
MetLife Program Manager Salary - ₹18.0 Lakhs to ₹30.0 Lakhs per year
Star Health & Allied Insurance Program Manager Salary - ₹14.4 Lakhs to ₹22.0 Lakhs per year
Max Life Insurance Program Manager Salary - ₹7.5 Lakhs to ₹28.7 Lakhs per year
Allstate Program Manager Salary - ₹17.0 Lakhs to ₹18.0 Lakhs per year

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

Tata AIA Life Insurance Program Manager Salary - ₹10.0 Lakhs to ₹18.2 Lakhs per year
SBI Life Insurance Company Program Manager Salary - ₹12.2 Lakhs to ₹20.0 Lakhs per year
HDFC Life Program Manager Salary - ₹12.0 Lakhs to ₹25.0 Lakhs per year
Bajaj Allianz Life Insurance Program Manager Salary - ₹6.6 Lakhs to ₹24.0 Lakhs per year
ICICI Prudential Life Insurance Program Manager Salary - ₹6.5 Lakhs to ₹18.0 Lakhs per year

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

The estimated take-home salary of a Program Manager at Canara HSBC Life Insurance ranges between ₹1,02,364 per month to ₹1,05,162 per month in India. The take-home salary calculation is based on the average Canara HSBC Life Insurance Program Manager salary in India which ranges between ₹10.0 Lakhs to ₹20.0 Lakhs per year for employees with experience between 7 years to 10 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the Canara HSBC Life Insurance Program Managers reported a notice period of 2 Months, 50% reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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Canara HSBC Life Insurance Program Manager Salaries

Canara HSBC Life Insurance Program Manager salary in India ranges between ₹10 Lakhs to ₹20 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Canara HSBC Life Insurance latest salaries received from various employees of Canara HSBC Life Insurance.