Canara HSBC Life Insurance Team Manager Salaries by 7 Employees (Updated 2025)

1 - 12 years exp.

₹3 Lakhs - ₹7.5 Lakhs

Low Confidence

Salary of majority employees

62% less than the average Team Manager Salary in Insurance Companies for 1 - 12 years of experience

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Last Updated: 27 Aug 2024

Companies similar to Canara HSBC Life Insurance for Team Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Life Team Manager Salary 1 - 10 years exp. (28 salaries)	₹3.5 L/yr - ₹7.3 L/yr 16% more
ICICI Prudential Life Insurance Team Manager Salary 1 - 8 years exp. (12 salaries)	₹3.8 L/yr - ₹9.6 L/yr 43% more
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SBI Life Insurance Company Team Manager Salary 3 - 19 years exp. (9 salaries)	₹7.5 L/yr - ₹20.7 L/yr 107% more
Max Life Insurance Team Manager Salary 6 - 13 years exp. (9 salaries)	₹5.7 L/yr - ₹11.3 L/yr 92% more
Bajaj Allianz Life Insurance Team Manager Salary 0 - 10 years exp. (13 salaries)	₹2.2 L/yr - ₹9.8 L/yr 16% more
Kotak Mahindara Life Insurance Team Manager Salary 0 - 7 years exp. (12 salaries)	₹1.2 L/yr - ₹7.5 L/yr 13% less
Aditya Birla Sun Life Insurance Team Manager Salary 5 - 11 years exp. (4 salaries)	₹5.5 L/yr - ₹8 L/yr 17% more
PNB MetLife Team Manager Salary 0 - 11 years exp. (7 salaries)	₹4.1 L/yr - ₹9 L/yr 26% more	1 job opening
Tata AIA Life Insurance Team Manager Salary 4 - 15 years exp. (9 salaries)	₹4 L/yr - ₹16.7 L/yr 68% more
Reliance Nippon Life Insurance Team Manager Salary 4 - 13 years exp. (5 salaries)	₹3.5 L/yr - ₹6.9 L/yr 25% less
Gallagher Team Manager Salary 7 - 14 years exp. (211 salaries)	₹4.3 L/yr - ₹15 L/yr 47% more
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First American Corporation Team Manager Salary 9 - 18 years exp. (30 salaries)	₹5.4 L/yr - ₹12.3 L/yr 56% more
ICICI Lombard General Insurance Company Team Manager Salary 2 - 16 years exp. (20 salaries)	₹2.5 L/yr - ₹11 L/yr 23% more
Tata AIG Team Manager Salary 0 - 10 years exp. (17 salaries)	₹4 L/yr - ₹12 L/yr 21% more
Star Health & Allied Insurance Team Manager Salary 1 - 8 years exp. (17 salaries)	₹3 L/yr - ₹7.8 L/yr 22% less
Allstate Team Manager Salary 9 - 17 years exp. (13 salaries)	₹6.1 L/yr - ₹22.6 L/yr 125% more
MetLife Team Manager Salary 5 - 15 years exp. (10 salaries)	₹6 L/yr - ₹19.8 L/yr 140% more
SBI General Insurance Team Manager Salary 0 - 7 years exp. (7 salaries)	₹3.2 L/yr - ₹11.6 L/yr 14% more
Iffco Tokio General Insurance Co. Team Manager Salary 5 - 11 years exp. (5 salaries)	₹6.2 L/yr - ₹20 L/yr 131% more
Shriram Life Insurance Team Manager Salary 4 - 16 years exp. (4 salaries)	₹2.5 L/yr - ₹14 L/yr 36% more

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Team Manager salary at Canara HSBC Life Insurance ranges between ₹3 Lakhs to ₹7.5 Lakhs per year for employees with experience between 1 year to 12 years. Salary estimates are based on 7 latest salaries received from various employees of Canara HSBC Life Insurance.

Experience wise Canara HSBC Life Insurance Team Manager salaries

Last Updated: 27 Aug 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3 L/yr - ₹8.7 L/yr
2 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
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3 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
4 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹5.5 L/yr
5 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹10 L/yr
6 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹10.4 L/yr
7 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
8 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7.1 L/yr
9 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
10 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr
11 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹7.5 L/yr
12 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹7.5 L/yr

View all

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Operations Manager Salary

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₹3.25 L/yr - ₹12.36 L/yr

Relationship Manager Salary

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₹2.5 L/yr - ₹6.01 L/yr

Salary related reviews for Canara HSBC Life Insurance

3.1

Rated by 3 employees for salary & benefits

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

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

Senior Associate in West Delhi

Full Time

Marketing & Communication Department

1.0

• posted on 06 Oct 2024

1.0

for Salary and Benefits

Likes

The way HR fools you by not disclosing their so important company policy. Giving you high salary packages, as a trap.

Dislikes

..., ICICI prudential, but nothing .. seriously nothing is worst like this company. Their reporting managers don't know anything about the process but they only know how to cut your salary... Everyone is here to blaming you only that all your fault. Before joining here I was a good performer in my job i know how to work , in my previous companies I have lots of achievements, but after joining here I loose my self confidence, I loose my mental health, I loose my peace of mind. And all this I got within 4 months of joining. I have resigned here and not expecting to join this company again ever in my life, worst worst worst experience. I will never let go here anyone from my friends and my reference. Suggestion for everyone. I don't have option to give less star than 1 . Every feedback here which show more than 3 star is could be fake or from the higher management or HR or the any lucky person here who got business easily. Worst product they have. They do so much miss sale in branch. Numbers of complaints have registered against their of miss selling. If you are able to do miss sale or Miss guide to the customer, only than you can stay here last long otherwise I bet you.... You won't stay here for long.

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Canara HSBC Life Insurance Team Manager Salary FAQs

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

Team Manager salary at Canara HSBC Life Insurance in India ranges between ₹3.0 Lakhs to ₹7.5 Lakhs for experience between 1 years to 12 years. According to our estimates it is 62% less than the average Team Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Canara HSBC Life Insurance India.

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

The average salary of a Team Manager at Canara HSBC Life Insurance is 62% less than the average salary of a Team Manager in India. To know exact salary insights, login to view.

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

AXA Team Manager Salary - ₹25.0 Lakhs to ₹30.0 Lakhs per year
Allianz Team Manager Salary - ₹5.8 Lakhs to ₹29.6 Lakhs per year
Principal Global Services Team Manager Salary - ₹11.0 Lakhs to ₹29.3 Lakhs per year
Guardian India Team Manager Salary - ₹13.5 Lakhs to ₹22.0 Lakhs per year
MetLife Team Manager Salary - ₹6.0 Lakhs to ₹19.8 Lakhs per year

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

Iffco Tokio General Insurance Co. Team Manager Salary - ₹6.2 Lakhs to ₹20.0 Lakhs per year
Allstate Team Manager Salary - ₹6.1 Lakhs to ₹22.6 Lakhs per year
SBI Life Insurance Company Team Manager Salary - ₹7.5 Lakhs to ₹20.7 Lakhs per year
Max Life Insurance Team Manager Salary - ₹5.7 Lakhs to ₹11.3 Lakhs per year
Aditya Birla Health Insurance Co Team Manager Salary - ₹6.5 Lakhs to ₹16.2 Lakhs per year

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

The estimated take-home salary of a Team Manager at Canara HSBC Life Insurance ranges between ₹44,562 per month to ₹45,659 per month in India. The take-home salary calculation is based on the average Canara HSBC Life Insurance Team Manager salary in India which ranges between ₹3.0 Lakhs to ₹7.5 Lakhs per year for employees with experience between 1 years to 12 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 71% of the Canara HSBC Life Insurance Team Managers reported a notice period of 1 Month, 15% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 7 responses on AmbitionBox in last 2 years.

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Canara HSBC Life Insurance Team Manager Salaries

Canara HSBC Life Insurance Team Manager salary in India ranges between ₹3 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Canara HSBC Life Insurance latest salaries received from various employees of Canara HSBC Life Insurance.