Canara HSBC Life Insurance Senior Manager Procurement Salaries by 5 Employees

14 - 16 years exp.

₹13 Lakhs - ₹17 Lakhs

Low Confidence

Salary of majority employees

33% less than the average Senior Manager Procurement Salary in Insurance Companies for 14 - 16 years of experience

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Last Updated: 16 Mar 2023

Companies similar to Canara HSBC Life Insurance for Senior Manager Procurement

Company name	Avg Annual Salary	Open Jobs
PNB MetLife Senior Manager Procurement Salary 13 - 16 years exp. (5 salaries)	₹14.5 L/yr - ₹21.9 L/yr 20% more	1 job opening
MetLife Senior Manager Procurement Salary 16 - 19 years exp. (4 salaries)	₹34.2 L/yr - ₹39 L/yr 143% more
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Reliance Industries Senior Manager Procurement Salary 8 - 17 years exp. (95 salaries)	₹9.8 L/yr - ₹30 L/yr 25% more
Tata Steel Senior Manager Procurement Salary 7 - 15 years exp. (47 salaries)	₹13 L/yr - ₹37 L/yr 53% more
Tata Motors Senior Manager Procurement Salary 7 - 17 years exp. (27 salaries)	₹9 L/yr - ₹26.5 L/yr 8% more

Senior Manager Procurement salary at Canara HSBC Life Insurance ranges between ₹13 Lakhs to ₹17 Lakhs per year for employees with experience between 14 years to 16 years. Salary estimates are based on 5 latest salaries received from various employees of Canara HSBC Life Insurance.

Experience wise Canara HSBC Life Insurance Senior Manager Procurement salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
14 years (AmbitionBox Estimate)	₹13 L/yr - ₹23.7 L/yr
Login to view exact salary
15+ years (3 salaries)	₹14 L/yr - ₹17 L/yr

Similar Designation salaries in Canara HSBC Life Insurance

Procurement Head Salary

(AmbitionBox Estimate)

₹27 L/yr - ₹34.5 L/yr

Procurement Executive Salary

(AmbitionBox Estimate)

₹2.8 L/yr - ₹3.6 L/yr

Procurement Analyst Salary

(AmbitionBox Estimate)

₹3 L/yr - ₹3.8 L/yr

Store Incharge Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Logistics Manager Salary

(AmbitionBox Estimate)

₹13 L/yr - ₹16.6 L/yr

Top skills at Canara HSBC Life Insurance for Senior Manager Procurement

Procurement Vendor Development Operations Purchase

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.

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

Job security - Bad

+4 more

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.

Salary - Poor

+1 more

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

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.

Salary - Bad

+5 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.

Salary - Excellent

+1 more

Dislikes

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

Skill development - Poor

+2 more

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Canara HSBC Life Insurance Senior Manager Procurement Salary FAQs

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

The average salary of a Senior Manager Procurement at Canara HSBC Life Insurance in India typically ranges from ₹13.0 Lakhs to ₹17.0 Lakhs per year, depending on experience (from 14 years to 16 years).

The top 10% of Senior Manager Procurement at Canara HSBC Life Insurance earn more than ₹17.0 Lakhs per year, and the top 1% earn over ₹17.0 Lakhs per year. Senior Manager Procurement 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 Senior Manager Procurement at Canara HSBC Life Insurance in India?

The estimated take-home salary of a Senior Manager Procurement at Canara HSBC Life Insurance in India typically ranges from ₹1,04,231 to ₹1,07,089 per month. This is based on the average salary range of ₹13.0 Lakhs to ₹17.0 Lakhs per year for employees with experience ranging from 14 years to 16 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.

What are the key skills required to be a Senior Manager Procurement at Canara HSBC Life Insurance ?

To be a Senior Manager Procurement at Canara HSBC Life Insurance in india, the key skills required include:

- Procurement
- Vendor Development
- Operations
- Purchase

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 Senior Manager Procurement in India?

MetLife	₹34.2 Lakhs to ₹39.0 Lakhs per year
Tata Steel	₹13.0 Lakhs to ₹37.0 Lakhs per year
Reliance Industries	₹9.8 Lakhs to ₹30.0 Lakhs per year
PNB MetLife	₹14.5 Lakhs to ₹21.9 Lakhs per year
Tata Motors	₹9.0 Lakhs to ₹26.5 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.

How the salary growth look like for a Senior Manager Procurement at Canara HSBC Life Insurance in India?

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

Experience	Average Salary Range
14 years	₹13.0 Lakhs to ₹23.7 Lakhs per year
15 years	₹14.0 Lakhs to ₹17.0 Lakhs per year

and so on.

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Canara HSBC Life Insurance Senior Manager Procurement Salaries

Canara HSBC Life Insurance Senior Manager Procurement salary in India ranges between ₹13 Lakhs to ₹17 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.