Career Canara HSBC Life Insurance

Why work with us

Life at Canara HSBC Life Insurance

At Canara HSBC Life Insurance Co Ltd, our people are our strength and our business is built around people. We've built an inclusive, professional, and caring environment where you can thrive from financial professional roles to corporate opportunities and internships. Building a career takes time, perseverance, and planning. Put your career into action and find your calling with Canara HSBC Life Insurance Co Ltd.

Great Place to Work - 5th Year - Canara HSBC Life Insurance

Awarded Fifth Year in a Row

Canara HSBC Life Insurance has been honoured as a Great Place to Work for the fifth consecutive year, reflecting our continued commitment to building a workplace rooted in trust, collaboration and excellence. This recognition year after year stands as a strong testimony to our people‑first culture and our dedication to creating an environment where every employee can thrive and grow.

Videos photos

Our Commitment to Diversity

At Canara HSBC Life Insurance Co Ltd, we firmly believe that our diverse workforce enhances our creativity, productivity, perspectives, and innovation across all our endeavours. We consider diversity a strategic imperative for our business as it promotes unique viewpoints and challenges us to think beyond conventional boundaries.

As an equal-opportunity employer, we value the contributions of all our employees and are dedicated to providing a fair working environment where everyone can realise their full potential.

Our Diversity & Inclusion framework embodies our management team's vision of fostering a smart and inclusive organization. We aim to attract and leverage diversity in the organisation and services that meet the evolving needs of the changing communities we serve.

Humans of CHL

Continuous learning and disciplined execution have shaped my six-plus year journey.

"My journey over the past six-plus years has been shaped by continuous learning and the opportunity to manage diverse markets. Leading Customer Retention and Branch Operations across 10 states has helped me gain a deeper understanding of our customers, our people, and the operational discipline required to run large, multi-state processes effectively."

 - Ratnadeep Roy
Senior Manager Branch Operations & Customer Retention

The chance to keep learning and contribute to building stronger teams and processes that make a real difference

"My journey has been one of steady growth and learning. I started in August 2008 as an off-roll Scanner, and through consistent performance and reliability, transitioned to an on-roll role in 2014. Since then, I’ve earned six promotions, moving from frontline responsibilities to managerial leadership."

 - Munna Kumar Singh
Manager, Credit Life

Challenges have never deterred me; instead, they have sharpened my ability to innovate, collaborate & deliver sustainable results

"I have been proud to be associated with Canara HSBC Life since 2014. I began my career as an off-role employee in the Sales Business and Development function in Gurugram. Through continuous learning, consistent performance and a commitment to growth, I progressed to the role of Senior Manager - Sales Planning and Operations. My journey reflects resilience, adaptability and the belief that dedication always leads to opportunity."

 - Anil Kumar
Senior Manager, Sales Planning and Operations

Our Journey: A Look Back at Key Milestones

FY 2008
Incorporation of the company

Canara HSBC Oriental Bank of Commerce Life Insurance Company Limited

FY 2009
Registration under IRDAI

License to start life insurance business & commence business operations

FY 2010
Fastest to Achieve ₹5,000M Premium

Achieved ₹5,000M in new business premium in the 2nd year (CRISIL Report)**

FY 2011
Sold 0.11M Policies

Achieved 0.11 million new policy sales

FY 2013
Fastest to Profit in 5 Years

Gained profits in 5th year of operation (CRISIL Report)**

FY 2016
Crossed ₹20,000M Total Premium

Achieved ₹20,000 million total premium  

FY 2021
₹50,000M Premium & ₹1,600B Sum Assured

Crossed ₹50,000M Total Premium & ₹1,600B Sum Assured

FY 2022
₹250B AUM & ₹285M Dividend

Crossed ₹250B AUM  & declared ₹285M dividend

FY 2023
New Brand Identity Launched

Rebranded as Canara HSBC Life Insurance

FY 2024
₹2318.78M Paid as Customer Bonus

Hit ₹50,000M embedded value, paid ₹2,318.78M bonus & covered 8.86M lives

FY 2026
Declared Bonus for Policyholder

Declared 2,500.00M bonus for policyholders for fiscal year 2025

FY 2026
Initial Public Offering

Publically listed on the Indian stock exchanges.

Our Success Stories

“One of the best
places to work”
Rangala
Beneficiary - Project Drishti
Kalpna
Kalpana Pankaj
Sales Training (Employee Volunteer)
Punita paul
Punita Paul
Marketing (Employee Volunteer)
Heera Cheer Urja
Heera
Beneficiary - Project Cheer-Urja
komal
Komal
Beneficiary - Project Ujjawal Bhawishya
Vishal Verma
Vishal Verma
Human Resource (Employee Volunteer)
kanchan
Kanchan
Beneficiary - Project Drishti

Hear From Our Happy Customers

What are the right investment portfolio - Promises ka Partner - Customer Testimonials
Secure Your Family's Future - Promises ka Partner - Customer Testimonial
Importance of Life Insurance - Promises ka Partner - Customer Testimonials
Fulfil Your Promises with Life Insurance - Promises ka Partner - Customer Testimonials
Testimonial 1
Testimonial 2
Testimonial 3
Testimonial 4
Testimonial 5

Tips for Selecting the Best 35-Year Term Insurance Policy

Here’s how to make an informed decision when selecting a long-term insurance plan.

Assess Your Financial Responsibilities

Take loans, children's education, spouse's requirements, and ageing parents into consideration while deciding the amount of sum assured.

Verify Claim Settlement Ratio

Choose companies with a high claim settlement ratio. It is an important parameter which indicates the company's credibility and trustworthiness.

Assess Premium Affordability

Opt for that proportion between sufficient coverage and your budget in a month. Term plans provide excellent value at reasonable prices if purchased early.

Look for Flexibility

Select plans with rider addition options and flexibility in payouts. This way, your plan will be able to change according to your evolving needs.

Consider Inflation Impact

Account for the rising cost of living. An increase in sum assured or plans with cumulative coverage can counter inflation over the period of term insurance for 35 years.

Compare Plan Features

Term plans are not all the same. Look out for customisation features, conversion rights, and extra benefits provided.

Our Achievements

Trophy

The Company started dispatching digital policy along with paper policy pack, as maintaining an electronic policy is relatively more convenient & provides an extended free-look period to the customer.

The Company employed 'Straight Through Processing' (STP) underwriting rules & validations in 2011-12 to filter applications that don't require manual underwriting, reducing the TAT by 1.5-2 days.

The Company introduced online revival of policies in FY 2013-14 which enables customers to reinstate a lapsed policy & pay their premiums online, thereby, making the process convenient & faster.

The Company reported maiden profit of INR 23.5 Crore in FY 2012-13, its 5th year of operations - one of the fastest amongst private life insurer to have achieved this feat.

Board of Directors

Mr Bhavendra Kumar


Non-Executive Director

Mr Bhavendra Kumar is a Non-Executive Director of our Company and has been a Director since June 13, 2025. He has been nominated on our Board by Canara Bank. He holds a bachelor’s degree in political science from the University of Delhi, New Delhi and has passed the certified associate examination conducted by the Indian Institute of Banking & Finance, and the junior associate examination conducted by the Indian Institute of Banking & Finance. He has over 26 years of experience in the banking industry. Currently, he is an executive director at Canara Bank. Previously, he has served at Canara Bank in multiple capacities including as the chief manager, the assistant general manager, the deputy general manager and the chief general manager in various cities in departments such as Delhi Circle, Delhi SME Sulabh, gold loan wing, priority credit wing and the strategic planning & development wing

Mr Santanu Kumar Majumdar


Non-Executive Director

Mr Santanu Kumar Majumdar is a Non-Executive Director of our Company and has been a Director since July 19, 2025. He has been nominated on our Board by Canara Bank. He holds a bachelor’s degree in commerce from the University of Calcutta, Kolkata and is also an associate of The Institute of Chartered Accountants of India. He has passed the final examination conducted by the Institute of Cost and Works Accountants of India. He has over 25 years of experience in the banking industry. Currently, he is an executive director at Canara Bank. Previously, he has served at Canara Bank in multiple capacities including as the chief general manager, the deputy general manager and the general manager in various cities in departments such as the financial management wing and the prime corporate credit wing, and the New York branch (United States of America).

Focus Areas and Employee Volunteering

The Company focuses its efforts in three major areas: Inclusive Education (child education, women empowerment, skill development, livelihood and capacity building for youth), Environment (biodiversity/wildlife, natural resources and climate change) and Healthcare (health & well being of communities).

education-and-skill-left
education-and-skill-center
education-and-skill-right

Education & Skill Development

Our education initiatives address the learning & skill gaps in education including special education & skill development among children & youth. Our approach to improve learning capabilities, academic performance & skill building includes:

  • Providing learning support to children through Non Formal Education
  • Providing skill & livelihood training to youth
  • Enhancing skills of women entrepreneurs
  • Special education
environment-left
environment project sanrakshan
environment-right

Environment

Our main focus is on creating greener planet through plantation, producing clean energy and preserving and protecting biodiversity & other natural resources. Under the theme, we are focusing on:

  • Equipping & enabling farmers to practice climate-friendly agriculture
  • Preserving natural resources & producing clean energy
  • Tree Plantation & Awareness
health-left
health-center
health right

Health

Our health projects aim at making health knowledge and facilities affordable and accessible to the socially and economically marginalised communities. Our efforts in this area centre on the following:

  • Reducing blindness through eye
    healthcare camps & cataract surgeries
  • Providing apt medical attention & surgical intervention for rural children
  • Providing medical equipment &
    improving health infrastructure
  • Creating health awareness
Employee Volunteering
employee-volunteering-2
employee-volunteering-3

Employee Volunteering

 We embody our commitment to giving back to the society through active employee volunteering initiatives. The opportunity to directly impact our communities not only brings about positive change but also provides immense satisfaction to the employees. The employees are integral part of our CSR activities and they contribute to the projects through various meaningful drives and activities.

Awards & Recognition

Find the perfect role for you