HSBC Group Insurance Executive Salaries by 4 Employees

1 - 6 years exp.

₹4.5 Lakhs - ₹6.1 Lakhs

Low Confidence

Salary of majority employees

106% more than the average Insurance Executive Salary in Financial Services Companies for 1 - 6 years of experience

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Last Updated: 3 Sep 2024

Companies similar to HSBC Group for Insurance Executive

Company name	Avg Annual Salary	Open Jobs
Axis Bank Insurance Executive Salary 1 - 6 years exp. (4 salaries)	₹1.8 L/yr - ₹6 L/yr 25% less
HDFC Bank Insurance Executive Salary 0 - 2 years exp. (10 salaries)	₹1 L/yr - ₹4.8 L/yr 46% less
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Kotak Mahindra Bank Insurance Executive Salary 0 - 4 years exp. (4 salaries)	₹1.2 L/yr - ₹2.7 L/yr 64% less
IndusInd Bank Insurance Executive Salary 3 - 5 years exp. (3 salaries)	₹2.4 L/yr - ₹2.6 L/yr 53% less
HDFC Sales Insurance Executive Salary 1 - 6 years exp. (5 salaries)	₹2 L/yr - ₹2.6 L/yr 58% less
The Muthoot Group Insurance Executive Salary 1 - 4 years exp. (5 salaries)	₹2 L/yr - ₹2.2 L/yr 61% less
Aditya Birla Capital Insurance Executive Salary 0 - 6 years exp. (4 salaries)	₹3.3 L/yr - ₹3.8 L/yr 33% less

Insurance Executive salary at HSBC Group ranges between ₹4.5 Lakhs to ₹6.1 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 4 latest salaries received from various employees of HSBC Group.

Experience wise HSBC Group Insurance Executive salaries

Last Updated: 3 Sep 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
2 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹7 L/yr
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5 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
6 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr

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Salary related reviews for HSBC Group

Senior Associate in Bangalore / Bengaluru

Full Time

Risk Management & Compliance Department

5.0

• posted on 20 Oct 2023

3.0

for Salary and Benefits

Likes

I am impressed with my workplace which is mostly work from home. The atmosphere here is incredible supportive, fostering both personal and professional growth. The team is also like a family and make each day enjoyable.

Skill development - Good

+5 more

Dislikes

In the like comment, I have mentioned that its Hybrid or majority work from home, the salary structure is kind of average. In the beginning we used to claim our internet bills. However, they removed the internet bill reimbursement policy recently. Hope we wish to get it back so that I could give 5 star for salary and benefits next time. Some people would laugh at this dislike but many would know.

Analyst in Bangalore / Bengaluru

Full Time

Finance & Accounting Department

2.0

• posted on 22 May 2023

4.0

for Salary and Benefits

Likes

...licies in place in theory. In practice it all depends on your team and managers. In my experience I haven’t seen many positives apart from pay , but if your team is okay, it might work out very well

Salary - Good

+1 more

Dislikes

Again it’s all contingent on the team. The company has excellent policies in place and if allowed to work will create a great work environment

Job security - Poor

+3 more

Senior Analyst in Kolkata

Full Time

Risk Management & Compliance Department

4.0

• posted on 22 Apr 2022

2.0

for Salary and Benefits

Likes

I like the culture of the company, the way company supports women empowerment.

Job security - Excellent

+1 more

Dislikes

...ncy. Sone manages make it hard for the analysts to maintain work life balance. Salary growth is very slow.

Salary - Poor

+2 more

Analyst in Kolkata

Full Time

Data Science & Analytics Department

3.0

• posted on 06 Feb 2023

2.0

for Salary and Benefits

Likes

Work life balance is decent, job security is high in HSBC India.. Decei learning opportunities..

Skill development - Good

+3 more

Dislikes

Compensation is not competitive at all compared to its market competitors.. Promotions and hikes are poor and managers play favourites..

Salary - Poor

+1 more

Customer Service Executive in Hyderabad / Secunderabad

Customer Service Department

4.0

• posted on 24 Sep 2020

5.0

for Salary and Benefits

Likes

Like the work culture here, during the pandemic when other companies were struggling to pay their employees HSBC paid the salary to their employees without any salary cut. They try to retain their employees by helping them in every possible ways.

Salary - Excellent

+6 more

Dislikes

There is nothing that I dislike about HSBC.

see more salary related reviews

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HSBC Group Insurance Executive Salary FAQs

What is the salary of Insurance Executive at HSBC Group ?

The average salary of a Insurance Executive at HSBC Group in India typically ranges from ₹4.5 Lakhs to ₹6.1 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Insurance Executive at HSBC Group earn more than ₹6.1 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Insurance Executive Salaries at HSBC Group 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 HSBC Group employees in India.

What is the estimated take home salary of a Insurance Executive at HSBC Group in India?

The estimated take-home salary of a Insurance Executive at HSBC Group in India typically ranges from ₹39,592 to ₹40,763 per month. This is based on the average salary range of ₹4.5 Lakhs to ₹6.1 Lakhs per year for employees with experience ranging from 1 year to 6 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 HSBC Group. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Insurance Executive in companies similar to HSBC Group in India?

The salary of a Insurance Executive at companies similar to HSBC Group in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Axis Bank	₹1.8 Lakhs to ₹6.0 Lakhs per year
Aditya Birla Capital	₹3.3 Lakhs to ₹3.8 Lakhs per year
HDFC Bank	₹1.0 Lakhs to ₹4.8 Lakhs per year
IndusInd Bank	₹2.4 Lakhs to ₹2.6 Lakhs per year
HDFC Sales	₹2.0 Lakhs to ₹2.6 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 Insurance Executive at HSBC Group in India?

The salary growth for a Insurance Executive at HSBC Group depends on factors such as experience, performance, and promotions. On average, a Insurance Executive can expect the following growth trajectory at HSBC Group:

Experience	Average Salary Range
1 year	₹5.4 Lakhs to ₹6.9 Lakhs per year
2 years	₹5.4 Lakhs to ₹7.0 Lakhs per year
5 years	₹4.1 Lakhs to ₹5.2 Lakhs per year
6 years	₹4.1 Lakhs to ₹5.2 Lakhs per year

and so on.

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HSBC Group Insurance Executive Salaries

HSBC Group Insurance Executive salary in India ranges between ₹4.5 Lakhs to ₹6.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HSBC Group latest salaries received from various employees of HSBC Group.