Pramerica Life Insurance Product Manager Salaries by 6 Employees (Updated 2025)

2 - 7 years exp.

₹14 Lakhs - ₹22 Lakhs

Salary of majority employees

21% less than the average Product Manager Salary in Insurance Companies for 2 - 7 years of experience

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Last Updated: 25 Jan 2025

Companies similar to Pramerica Life Insurance for Product Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Product Manager Salary 0 - 4 years exp. (32 salaries)	₹6.3 L/yr - ₹19 L/yr 14% less
HDFC Life Product Manager Salary 2 - 8 years exp. (77 salaries)	₹7.5 L/yr - ₹20 L/yr 27% less
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SBI Life Insurance Company Product Manager Salary 2 - 7 years exp. (18 salaries)	₹7.8 L/yr - ₹14.5 L/yr 38% less
Max Life Insurance Product Manager Salary 2 - 9 years exp. (26 salaries)	₹7.2 L/yr - ₹30 L/yr 2% more
Bajaj Allianz Life Insurance Product Manager Salary 0 - 11 years exp. (10 salaries)	₹8 L/yr - ₹30 L/yr 15% more
Reliance Nippon Life Insurance Product Manager Salary 3 - 7 years exp. (7 salaries)	₹6 L/yr - ₹15 L/yr 28% less
Tata AIA Life Insurance Product Manager Salary 5 - 10 years exp. (8 salaries)	₹9 L/yr - ₹19.4 L/yr 9% less
Kotak Mahindara Life Insurance Product Manager Salary 1 - 8 years exp. (26 salaries)	₹7.9 L/yr - ₹31 L/yr 14% more
Aditya Birla Sun Life Insurance Product Manager Salary 1 - 6 years exp. (6 salaries)	₹10 L/yr - ₹16.8 L/yr 4% less
PNB MetLife Product Manager Salary 2 - 8 years exp. (4 salaries)	₹14.5 L/yr - ₹25 L/yr 15% more
Digit Insurance Product Manager Salary 2 - 20 years exp. (14 salaries)	₹14 L/yr - ₹46.4 L/yr 54% more	2 job openings
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Principal Global Services Product Manager Salary 8 - 14 years exp. (12 salaries)	₹26.1 L/yr - ₹44 L/yr 94% more
Aditya Birla Health Insurance Co Product Manager Salary 2 - 9 years exp. (8 salaries)	₹9 L/yr - ₹25.5 L/yr 4% less
Medi Assist India Product Manager Salary 2 - 4 years exp. (8 salaries)	₹10.6 L/yr - ₹24 L/yr 19% more	1 job opening
Edelweiss Life Insurance Product Manager Salary 1 - 18 years exp. (8 salaries)	₹11 L/yr - ₹21 L/yr 12% less
ManipalCigna Health Insurance Product Manager Salary 1 - 6 years exp. (6 salaries)	₹10 L/yr - ₹18.4 L/yr At par
Royal Sundaram General Insurance Product Manager Salary 0 - 13 years exp. (5 salaries)	₹6.2 L/yr - ₹14.8 L/yr 39% less
MetLife Product Manager Salary 5 - 24 years exp. (4 salaries)	₹20 L/yr - ₹28.5 L/yr 41% more
Ageas Federal Life Insurance Product Manager Salary 7 - 9 years exp. (4 salaries)	₹14 L/yr - ₹21 L/yr 8% more
Bharti AXA Life Insurance Product Manager Salary 4 - 7 years exp. (4 salaries)	₹10.4 L/yr - ₹16 L/yr 19% less

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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 6 latest salaries received from various employees of Pramerica Life Insurance.

Experience wise Pramerica Life Insurance Product Manager salaries

Last Updated: 25 Jan 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹17.5 L/yr
3 years (AmbitionBox Estimate)	₹14 L/yr - ₹28 L/yr
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4 years (AmbitionBox Estimate)	₹16.2 L/yr - ₹29.7 L/yr
5 years (AmbitionBox Estimate)	₹15.7 L/yr - ₹20.1 L/yr
6 years (AmbitionBox Estimate)	₹17 L/yr - ₹33.2 L/yr
7 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹22 L/yr

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Similar Designation salaries in Pramerica Life Insurance

Project Manager Salary

(4 salaries)

₹15 L/yr - ₹47.56 L/yr

Program Manager Salary

(4 salaries)

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Deputy Manager Salary

(53 salaries)

₹4.8 L/yr - ₹14.7 L/yr

Senior Product Manager Salary

(AmbitionBox Estimate)

₹22.5 L/yr - ₹28.7 L/yr

Digital Product Manager Salary

(4 salaries)

₹17.5 L/yr - ₹21 L/yr

Senior Project Manager Salary

(AmbitionBox Estimate)

₹19.8 L/yr - ₹25.3 L/yr

Assistant Product Manager Salary

(AmbitionBox Estimate)

₹15.8 L/yr - ₹20.1 L/yr

Business Analyst Salary

(7 salaries)

₹4.2 L/yr - ₹11 L/yr

Senior Consultant Salary

(AmbitionBox Estimate)

₹11.8 L/yr - ₹15.1 L/yr

Senior Business Analyst Salary

(AmbitionBox Estimate)

₹17.1 L/yr - ₹21.8 L/yr

Salary related reviews for Pramerica Life Insurance

Rated by 1 employees for salary & benefits

Business Analyst in Gurgaon / Gurugram

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.

Salary - Excellent

+5 more

Dislikes

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

Associate Sales Manager in Visakhapatnam

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.

Salary - Bad

+6 more

Senior Sales Manager in Bilaspur

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 16 Apr 2024

1.0

for Salary and Benefits

Likes

Dislike every parameter , seniors are uneducated also.

Dislikes

Very poor service to employee, no senior is responsible for salary ,incentive, and for local convenience, even training is also paid by employees, such an unorganized work

Salary - Bad

+6 more

Senior Sales Manager in Kolkata

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.

Salary - Poor

+3 more

Renewal Executive in Ranchi

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

see more salary related reviews

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Pramerica Life Insurance Product Manager Salary FAQs

What is the salary of Product Manager at Pramerica Life Insurance?

Product Manager salary at Pramerica Life Insurance in India ranges between ₹14.0 Lakhs to ₹22.0 Lakhs for experience between 2 years to 7 years. According to our estimates it is 21% less than the average Product Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Pramerica Life Insurance India.

How does the salary of a Product Manager at Pramerica Life Insurance India compare with the average salary range for this job?

The average salary of a Product Manager at Pramerica Life Insurance is 21% less than the average salary of a Product Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Pramerica Life Insurance to a Product Manager in India?

Principal Global Services Product Manager Salary - ₹26.1 Lakhs to ₹44.0 Lakhs per year
Digit Insurance Product Manager Salary - ₹14.0 Lakhs to ₹46.4 Lakhs per year
MetLife Product Manager Salary - ₹20.0 Lakhs to ₹28.5 Lakhs per year
Medi Assist India Product Manager Salary - ₹10.6 Lakhs to ₹24.0 Lakhs per year
PNB MetLife Product Manager Salary - ₹14.5 Lakhs to ₹25.0 Lakhs per year

What is the salary of a Product Manager in companies similar to Pramerica Life Insurance in India?

Bajaj Allianz Life Insurance Product Manager Salary - ₹8.0 Lakhs to ₹30.0 Lakhs per year
Kotak Mahindara Life Insurance Product Manager Salary - ₹7.9 Lakhs to ₹31.0 Lakhs per year
Ageas Federal Life Insurance Product Manager Salary - ₹14.0 Lakhs to ₹21.0 Lakhs per year
Max Life Insurance Product Manager Salary - ₹7.2 Lakhs to ₹30.0 Lakhs per year
ManipalCigna Health Insurance Product Manager Salary - ₹10.0 Lakhs to ₹18.4 Lakhs per year

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 ranges between ₹1,15,180 per month to ₹1,18,392 per month in India. The take-home salary calculation is based on the average Pramerica Life Insurance Product Manager salary in India which ranges between ₹14.0 Lakhs to ₹22.0 Lakhs per year for employees with experience between 2 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Product Manager at Pramerica Life Insurance?

According to AmbitionBox, 33% of the Pramerica Life Insurance Product Managers reported a notice period of 15 days or less, 34% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 3 responses on AmbitionBox in last 2 years.

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Pramerica Life Insurance Product Manager Salaries

Pramerica Life Insurance Product Manager salary in India ranges between ₹14 Lakhs to ₹22 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Pramerica Life Insurance latest salaries received from various employees of Pramerica Life Insurance.