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Edelweiss Life Insurance

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3.7

based on 937 Reviews

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Edelweiss Life Insurance Product Manager salaries in Mumbai

Annual salary range
1 - 14 years exp.
₹11 Lakhs - ₹21 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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27% less than the average Product Manager Salary in Insurance Companies for 1 - 14 years of experience

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Last Updated: 13 Aug 2024

Companies similar to Edelweiss Life Insurance for Product Manager in Mumbai

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Edelweiss Life Insurance Product Manager Salary

1 - 14 years exp. (6 salaries)
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₹11 L/yr - ₹21 L/yr

vs
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ManipalCigna Health Insurance Product Manager Salary

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₹10 L/yr - ₹18.4 L/yr

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Liberty General Insurance Product Manager Salary

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Aditya Birla Health Insurance Co Product Manager Salary

2 - 9 years exp. (6 salaries)
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₹9 L/yr - ₹25.5 L/yr

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Universal Sompo General Insurance Product Manager Salary

13 - 16 years exp. (3 salaries)
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₹14.8 L/yr - ₹24.5 L/yr

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Product Manager salary at Edelweiss Life Insurance ranges between ₹11 Lakhs to ₹21 Lakhs per year for employees with experience between 1 year to 14 years. Salary estimates are based on 6 latest salaries received from various employees of Edelweiss Life Insurance.

Latest annual salaries shared by Edelweiss Life Insurance Product Manager in Mumbai

7mo ago
₹12 Lakhs
9 years exp.
11mo ago
₹12 Lakhs
8 years exp.

Experience wise Edelweiss Life Insurance Product Manager salaries in Mumbai

Last Updated: 13 Aug 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹13.5 L/yr - ₹17.3 L/yr
2 years (AmbitionBox Estimate)

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₹13.5 L/yr - ₹17.2 L/yr
3 years (AmbitionBox Estimate)

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₹13.5 L/yr - ₹17.2 L/yr
4 years (AmbitionBox Estimate)

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₹13.5 L/yr - ₹17.2 L/yr
5 years (AmbitionBox Estimate)

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₹13.4 L/yr - ₹17.2 L/yr
View all

Similar Designation salaries in Edelweiss Life Insurance

Project Manager Salary
(4 salaries)
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₹6 L/yr - ₹18 L/yr
Lead Product Manager Salary
(3 salaries)
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₹36.7 L/yr - ₹41 L/yr
Program Manager Salary
(3 salaries)
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₹13 L/yr - ₹17 L/yr
Product Lead Salary
(3 salaries)
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₹16.2 L/yr - ₹20.6 L/yr

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Discover interview dos and don'ts from real experiences

Top trending discussions

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Salary Discussions, Hike & Promotions
1w (edited)
an inside sales executive
Unexpected job policies: stay or switch?
I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?
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Edelweiss Life Insurance Product Manager Salary FAQs

What is the salary of Product Manager at Edelweiss Life Insurance in Mumbai?
The average salary of a Product Manager at Edelweiss Life Insurance in Mumbai typically ranges from ₹11.0 Lakhs to ₹21.0 Lakhs per year, depending on experience (from 1 year to 14 years).

The top 10% of Product Manager in Mumbai at Edelweiss Life Insurance earn more than ₹20.6 Lakhs per year, and the top 1% earn over ₹21.0 Lakhs per year. Product Manager Salaries at Edelweiss 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 6 Edelweiss Life Insurance employees in India.
What is the estimated take home salary of a Product Manager at Edelweiss Life Insurance in Mumbai?
The estimated take-home salary of a Product Manager at Edelweiss Life Insurance in Mumbai typically ranges from ₹1,02,645 to ₹1,05,452 per month. This is based on the average salary range of ₹11.0 Lakhs to ₹21.0 Lakhs per year for employees with experience ranging from 1 year to 14 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 6 salaries received from various employees of Edelweiss Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Edelweiss Life Insurance for Product Manager in India?
Universal Sompo General Insurance ₹14.8 Lakhs to ₹24.5 Lakhs per year
ICICI Bank ₹7.6 Lakhs to ₹27.0 Lakhs per year
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

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

Liberty General Insurance ₹6.5 Lakhs to ₹9.2 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 Edelweiss Life Insurance in Mumbai?
The salary growth for a Product Manager at Edelweiss Life Insurance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Product Manager in Mumbai can expect the following growth trajectory at Edelweiss Life Insurance:

Experience Average Salary Range
1 year ₹13.5 Lakhs to ₹17.3 Lakhs per year
2 years ₹13.5 Lakhs to ₹17.2 Lakhs per year
3 years ₹13.5 Lakhs to ₹17.2 Lakhs per year
4 years ₹13.5 Lakhs to ₹17.2 Lakhs per year
and so on.

Tell us how to improve this page.

Edelweiss Life Insurance Product Manager salary in Mumbai ranges between ₹11 Lakhs to ₹21 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Edelweiss Life Insurance latest salaries received from various employees of Edelweiss Life Insurance.