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Pramerica Life Insurance Product Manager salaries in India (Updated 2025)

Annual salary range
2 - 7 years exp.
₹14 Lakhs - ₹22 Lakhs
Salary of majority employees
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Fixed (83%)
₹14.1 Lakhs
Variable (17%)
₹2.8 Lakhs
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22% less than the average Product Manager Salary in Insurance Companies for 2 - 7 years of experience

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Last Updated: 22 Mar 2025

Companies similar to Pramerica Life Insurance for Product Manager

Company name Avg Annual Salary Open Jobs
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₹26.5 L/yr - ₹44 L/yr

arrow icon 102% more
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₹10 L/yr - ₹18.4 L/yr

arrow icon 10% less
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₹9 L/yr - ₹25.5 L/yr

arrow icon 4% less
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Medi Assist India Product Manager Salary

2 - 4 years exp. (8 salaries)

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₹10.6 L/yr - ₹24 L/yr

arrow icon 19% more
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₹11 L/yr - ₹21 L/yr

arrow icon 11% less
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₹6.5 L/yr - ₹9.2 L/yr

arrow icon 51% less
1 job opening
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₹6.2 L/yr - ₹14.8 L/yr

arrow icon 38% less
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MetLife Product Manager Salary

5 - 24 years exp. (4 salaries)

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₹20 L/yr - ₹28.5 L/yr

arrow icon 41% more
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₹14 L/yr - ₹21 L/yr

arrow icon 9% more
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₹10.4 L/yr - ₹16 L/yr

arrow icon 18% less
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₹3 L/yr - ₹11.5 L/yr

arrow icon 57% less
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₹14.5 L/yr - ₹24.5 L/yr

arrow icon 8% more
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Allianz Partners Product Manager Salary

3 - 6 years exp. (3 salaries)

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₹10 L/yr - ₹12.5 L/yr

arrow icon 31% less
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Aegon Life Insurance Product Manager Salary

0 - 7 years exp. (3 salaries)

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₹6.5 L/yr - ₹12 L/yr

arrow icon 40% less
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₹2.4 L/yr - ₹13.5 L/yr

arrow icon 55% less
Product Manager salary at Pramerica Life Insurance ranges between ₹14 Lakhs to ₹22 Lakhs per year for employees with experience between 2 years to 7 years. Salary estimates are based on 7 latest salaries received from various employees of Pramerica Life Insurance.

Latest annual salaries shared by Pramerica Life Insurance Product Manager

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4 years exp.
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Experience wise Pramerica Life Insurance Product Manager salaries

Last Updated: 22 Mar 2025

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹5.9 L/yr - ₹17.5 L/yr
3 years (AmbitionBox Estimate)

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₹14 L/yr - ₹28 L/yr
4 years (AmbitionBox Estimate)

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₹16.2 L/yr - ₹29.6 L/yr
5 years (AmbitionBox Estimate)

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₹15.6 L/yr - ₹19.9 L/yr
6 years (AmbitionBox Estimate)

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₹17 L/yr - ₹32.8 L/yr
View all

Similar Designation salaries in Pramerica Life Insurance

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₹15 L/yr - ₹47.56 L/yr
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₹5.5 L/yr - ₹17 L/yr
Deputy Manager Salary
(52 salaries)
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₹4.8 L/yr - ₹14.72 L/yr
Senior Product Manager Salary
(AmbitionBox Estimate)
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₹22.5 L/yr - ₹28.7 L/yr
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₹17.5 L/yr - ₹21 L/yr
Senior Project Manager Salary
(AmbitionBox Estimate)
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₹19.8 L/yr - ₹25.3 L/yr
Assistant Product Manager Salary
(AmbitionBox Estimate)
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₹15.8 L/yr - ₹20.1 L/yr
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₹4.2 L/yr - ₹11 L/yr
Senior Consultant Salary
(AmbitionBox Estimate)
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₹11.8 L/yr - ₹15.1 L/yr
Senior Business Analyst Salary
(AmbitionBox Estimate)
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₹17.1 L/yr - ₹21.8 L/yr

Salary related reviews for Pramerica Life Insurance

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Rated by 1 employees for salary & benefits

Data Science & Analytics Department

4.0
  •  posted on 31 Dec 2019

5.0
 for  Salary and Benefits

Likes

Great learning experience and New challenges and new projects keeps one working in competitive environment and benefits do pay off at the end. Friendly environment and regular updates circulates with the team as per the Indian Insurance Market.

read more
  • Salary - Excellent
  • +5 more

Dislikes

Nothing was to dislike.keep working and do your stuff.

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 31 May 2024

1.0
 for  Salary and Benefits

Likes

Work timings and on time salary

Dislikes

Worst company I have ever worked. No professional management. No response from the HR management. The branch manager of vizag branch very worst. If anythings doesnot goes according to him he simply keeps unpaid to the whole month employees attendance which will lead to loss of pay. If we complaint to HR level then also they won't take any action. The BM even asks money from the customers for settling death claims. He does not know how to talk with the employees. He does not have any BM qualities and qualifications.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 09 Nov 2023

2.0
 for  Salary and Benefits

Likes

Nothing.

Dislikes

In my vertical it isn't a right place to work with. This is the fake institutional business channel, more over you had to source your own business and also don't rely on the support of the corporate agent(Broking Partner). Please think twice before joining in the IB Vertical.

read more
  • Salary - Poor
  • +3 more

Full Time

 · 

Procurement & Supply Chain Department

5.0
  •  posted on 13 Apr 2018

5.0
 for  Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology

  • Salary - Excellent
  • +3 more

Dislikes

Compensation is decent but growth is very slow. The work pressure is very high . I have to work 13 - 14 hours straight in a day as I have to attend customer call in the evening and some time late night received con call

read more

BFSI, Investments & Trading Department

1.0
  •  posted on 28 Apr 2021

1.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

...g terms unnecessary pressure and demean you in all forms and then kick you out. Dont be fooled by the first impression or salary or the office, tea coffe making machine All are just to hide their real dark faces behind. YOU WILL WORK ROUND THE CLOCK, NO WORK LIFE BALANCE. This is a cousin of Byjus in short. They will ruin your RESUME, YOUR IDENTITY, CONFIDENCE IN LIFE, YOUR PHYSICAL - MENTAL HEALTH. DON'T JOIN THIS SCAM.

read more
  • Salary - Bad
  • +6 more
see more salary related reviews

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Pramerica Life Insurance Product Manager Salary FAQs

What is the salary of Product Manager at Pramerica Life Insurance ?
The average salary of a Product Manager at Pramerica Life Insurance in India typically ranges from ₹14.0 Lakhs to ₹22.0 Lakhs per year, depending on experience (from 2 years to 7 years).

The top 10% of Product Manager at Pramerica Life Insurance earn more than ₹21.3 Lakhs per year, and the top 1% earn over ₹22.0 Lakhs per year. Product Manager Salaries at Pramerica 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 7 Pramerica Life Insurance employees in India.
What is the estimated take home salary of a Product Manager at Pramerica Life Insurance in India?
The estimated take-home salary of a Product Manager at Pramerica Life Insurance in India typically ranges from ₹1,14,584 to ₹1,17,777 per month. This is based on the average salary range of ₹14.0 Lakhs to ₹22.0 Lakhs per year for employees with experience ranging from 2 years to 7 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 7 salaries received from various employees of Pramerica Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Pramerica Life Insurance for Product Manager in India?
Principal Global Services ₹26.5 Lakhs to ₹44.0 Lakhs per year
MetLife ₹20.0 Lakhs to ₹28.5 Lakhs per year
Medi Assist India ₹10.6 Lakhs to ₹24.0 Lakhs per year
Ageas Federal Life Insurance ₹14.0 Lakhs to ₹21.0 Lakhs per year
Universal Sompo General Insurance ₹14.5 Lakhs to ₹24.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Pramerica Life Insurance, depending on the role and experience level.
What is the salary of a Product Manager in companies similar to Pramerica Life Insurance in India?
The salary of a Product Manager at companies similar to Pramerica Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Aditya Birla Health Insurance Co ₹9.0 Lakhs to ₹25.5 Lakhs per year
ManipalCigna Health Insurance ₹10.0 Lakhs to ₹18.4 Lakhs per year
Edelweiss Life Insurance ₹11.0 Lakhs to ₹21.0 Lakhs per year
Bharti AXA Life Insurance ₹10.4 Lakhs to ₹16.0 Lakhs per year
Allianz Partners ₹10.0 Lakhs to ₹12.5 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 Product Manager at Pramerica Life Insurance in India?
The salary growth for a Product Manager at Pramerica Life Insurance depends on factors such as experience, performance, and promotions. On average, a Product Manager can expect the following growth trajectory at Pramerica Life Insurance:

Experience Average Salary Range
2 years ₹5.9 Lakhs to ₹17.5 Lakhs per year
3 years ₹14.0 Lakhs to ₹28.0 Lakhs per year
4 years ₹16.2 Lakhs to ₹29.6 Lakhs per year
5 years ₹15.6 Lakhs to ₹19.9 Lakhs per year
and so on.

Tell us how to improve this page.

Pramerica Life Insurance Product Manager salary in India ranges between ₹14 Lakhs to ₹22 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 Pramerica Life Insurance latest salaries received from various employees of Pramerica Life Insurance.