Canara HSBC Life Insurance Senior Operations Manager Salaries by 4 Employees (Updated 2025)

15 - 17 years exp.

₹15 Lakhs - ₹19 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

At par with the average Senior Operations Manager Salary in Insurance Companies for 15 - 17 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Operations Manager Salary 15 years exp. (AmbitionBox Estimate)	₹13.5 L/yr - ₹16.5 L/yr
Login to view exact salary
Customer Success, Service & Operations Senior Operations Manager Salary 16 years exp. (AmbitionBox Estimate)	₹17.1 L/yr - ₹20.9 L/yr

Last Updated: 10 Mar 2025

Companies similar to Canara HSBC Life Insurance for Senior Operations Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Senior Operations Manager Salary 7 - 16 years exp. (39 salaries)	₹6.2 L/yr - ₹12 L/yr 52% less
MetLife Senior Operations Manager Salary 13 - 18 years exp. (17 salaries)	₹20 L/yr - ₹35 L/yr 59% more
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Tata AIG Senior Operations Manager Salary 13 - 16 years exp. (9 salaries)	₹11 L/yr - ₹17 L/yr 28% less
HDFC Life Senior Operations Manager Salary 3 - 17 years exp. (11 salaries)	₹5.9 L/yr - ₹11.4 L/yr 51% less
Tata AIA Life Insurance Senior Operations Manager Salary 6 - 17 years exp. (9 salaries)	₹11.7 L/yr - ₹21.5 L/yr 11% less
ICICI Prudential Life Insurance Senior Operations Manager Salary 13 - 20 years exp. (8 salaries)	₹10 L/yr - ₹19.8 L/yr 37% less
Allianz Services Senior Operations Manager Salary 13 - 18 years exp. (9 salaries)	₹14 L/yr - ₹20 L/yr At par
Reliance Nippon Life Insurance Senior Operations Manager Salary 14 - 21 years exp. (6 salaries)	₹9.7 L/yr - ₹19.5 L/yr 23% less
Shriram Life Insurance Senior Operations Manager Salary 9 - 19 years exp. (5 salaries)	₹9.5 L/yr - ₹12.3 L/yr 38% less
Gallagher Senior Operations Manager Salary 15 - 21 years exp. (5 salaries)	₹14 L/yr - ₹20 L/yr 1% less
Principal Global Services Senior Operations Manager Salary 17 - 19 years exp. (5 salaries)	₹30 L/yr - ₹40 L/yr 99% more
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MDIndia Health Insurance TPA Senior Operations Manager Salary 10 - 19 years exp. (5 salaries)	₹6.5 L/yr - ₹12.3 L/yr 50% less
Bajaj Allianz Life Insurance Senior Operations Manager Salary 11 - 16 years exp. (5 salaries)	₹16.1 L/yr - ₹23 L/yr 4% more
PNB MetLife Senior Operations Manager Salary 3 - 15 years exp. (5 salaries)	₹3.3 L/yr - ₹13 L/yr 56% less
Allstate Senior Operations Manager Salary 1 - 18 years exp. (4 salaries)	₹3 L/yr - ₹25.1 L/yr 52% less
Aditya Birla Sun Life Insurance Senior Operations Manager Salary 12 - 15 years exp. (4 salaries)	₹7 L/yr - ₹16.5 L/yr 35% less
Iffco Tokio General Insurance Co. Senior Operations Manager Salary 4 - 13 years exp. (4 salaries)	₹3.3 L/yr - ₹12 L/yr 54% less
First American Corporation Senior Operations Manager Salary 15 - 19 years exp. (3 salaries)	₹20.3 L/yr - ₹25.9 L/yr 27% more
Aditya Birla Health Insurance Co Senior Operations Manager Salary 10 - 13 years exp. (3 salaries)	₹8.7 L/yr - ₹12 L/yr 42% less
SBI Life Insurance Company Senior Operations Manager Salary 14 - 18 years exp. (3 salaries)	₹14 L/yr - ₹18 L/yr 12% less

Senior Operations Manager salary at Canara HSBC Life Insurance ranges between ₹15 Lakhs to ₹19 Lakhs per year for employees with experience between 15 years to 17 years. Salary estimates are based on 4 latest salaries received from various employees of Canara HSBC Life Insurance.

Experience wise Canara HSBC Life Insurance Senior Operations Manager salaries

Last Updated: 10 Mar 2025

Experience	Avg Annual Salary
15+ years (4 salaries)	₹15 L/yr - ₹19 L/yr
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Similar Designation salaries in Canara HSBC Life Insurance

Operations Manager Salary

(7 salaries)

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₹11.7 L/yr - ₹15 L/yr

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Service Manager Salary

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Program Manager Salary

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Project Manager Salary

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Area Manager Salary

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Salary related reviews for Canara HSBC Life Insurance

1.4

Rated by 2 employees for salary & benefits

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 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

Relationship Manager in Meerut

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.

Salary - Good

+1 more

Dislikes

everything expect the Salary on time.

Job security - Bad

+4 more

Team Lead in Gurgaon / Gurugram

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. .

Dislikes

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

Salary - Poor

+3 more

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

see more salary related reviews

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Canara HSBC Life Insurance Senior Operations Manager Salary FAQs

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

The average salary of a Senior Operations Manager at Canara HSBC Life Insurance in India typically ranges from ₹15.0 Lakhs to ₹19.0 Lakhs per year, depending on experience (from 15 years to 17 years).

The top 10% of Senior Operations Manager at Canara HSBC Life Insurance earn more than ₹19.0 Lakhs per year, and the top 1% earn over ₹19.0 Lakhs per year. Senior 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 4 Canara HSBC Life Insurance employees in India.

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

The estimated take-home salary of a Senior Operations Manager at Canara HSBC Life Insurance in India typically ranges from ₹1,19,368 to ₹1,22,716 per month. This is based on the average salary range of ₹15.0 Lakhs to ₹19.0 Lakhs per year for employees with experience ranging from 15 years to 17 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 4 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 Senior Operations Manager in India?

Principal Global Services	₹30.0 Lakhs to ₹40.0 Lakhs per year
MetLife	₹20.0 Lakhs to ₹35.0 Lakhs per year
First American Corporation	₹20.3 Lakhs to ₹25.9 Lakhs per year
Bajaj Allianz Life Insurance	₹16.1 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 Senior Operations Manager in companies similar to Canara HSBC Life Insurance in India?

The salary of a Senior 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	₹14.0 Lakhs to ₹20.0 Lakhs per year
Gallagher	₹14.0 Lakhs to ₹20.0 Lakhs per year
Tata AIA Life Insurance	₹11.7 Lakhs to ₹21.5 Lakhs per year
SBI Life Insurance Company	₹14.0 Lakhs to ₹18.0 Lakhs per year
Reliance Nippon Life Insurance	₹9.7 Lakhs to ₹19.5 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 Senior Operations Manager at Canara HSBC Life Insurance in India?

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

Experience	Average Salary Range
15 years	₹15.0 Lakhs to ₹19.0 Lakhs per year

and so on.

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Canara HSBC Life Insurance Senior Operations Manager Salaries

Canara HSBC Life Insurance Senior Operations Manager salary in India ranges between ₹15 Lakhs to ₹19 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.