ICICI Lombard General Insurance Company Bangalore / Bengaluru Product Manager Salaries by 10+ Employees (Updated 2025)

1 - 6 years exp.

₹7.4 Lakhs - ₹25 Lakhs

Avg. annual salary

Monthly In-hand Salary

23% less than the average Product Manager Salary in Insurance Companies for 1 - 6 years of experience

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Salaries in different departments

Product Management Product Manager Salary 1 - 5 years exp. (6 salaries)	₹15 L/yr - ₹25 L/yr
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Data Science & Analytics Product Manager Salary 3 years exp. (AmbitionBox Estimate)	₹16 L/yr - ₹19.7 L/yr

Last Updated: 6 Apr 2025

Companies similar to ICICI Lombard General Insurance Company for Product Manager in Bangalore / Bengaluru

ICICI Lombard General Insurance Company Product Manager Salary

1 - 6 years exp. (14 salaries)

₹7.4 L/yr - ₹25 L/yr

Company name	Avg Annual Salary	Open Jobs
Allstate Product Manager Salary 7 - 15 years exp. (25 salaries)	₹18.1 L/yr - ₹48 L/yr 109% more
First American Corporation Product Manager Salary 8 - 17 years exp. (12 salaries)	₹22.2 L/yr - ₹48.6 L/yr 94% more
Login to view exact salary
Tata AIG Product Manager Salary 3 - 6 years exp. (4 salaries)	₹8.5 L/yr - ₹17 L/yr 15% less
HDFC Life Product Manager Salary 2 - 7 years exp. (4 salaries)	₹13 L/yr - ₹16.1 L/yr 21% less
ICICI Bank Product Manager Salary 0 - 10 years exp. (172 salaries)	₹17.2 L/yr - ₹31.1 L/yr 9% more

Product Manager salary at ICICI Lombard General Insurance Company ranges between ₹7.4 Lakhs to ₹25 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 14 latest salaries received from various employees of ICICI Lombard General Insurance Company.

Latest annual salaries shared by ICICI Lombard General Insurance Company Product Manager in Bangalore / Bengaluru

4d ago

₹15 Lakhs

2 years exp.

1mo ago

₹15 Lakhs

1 year exp.

2mo ago

₹15 Lakhs

2 years exp.

4mo ago

₹15 Lakhs

2 years exp.

5mo ago

₹15 Lakhs

1 year exp.

6mo ago

2 years exp.

7mo ago

1 year exp.

1y ago

5 years exp.

1y ago

4 years exp.

Experience wise ICICI Lombard General Insurance Company Product Manager salaries in Bangalore / Bengaluru

Last Updated: 6 Apr 2025

Experience	Avg Annual Salary
1 year (3 salaries)	₹15 L/yr - ₹30.3 L/yr
2 years (4 salaries)	₹15 L/yr - ₹31.4 L/yr
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3 years (AmbitionBox Estimate)	₹16.3 L/yr - ₹20.8 L/yr
4 years (AmbitionBox Estimate)	₹16.8 L/yr - ₹21.5 L/yr
5 years (AmbitionBox Estimate)	₹17.4 L/yr - ₹22.2 L/yr
6 years (AmbitionBox Estimate)	₹18 L/yr - ₹23 L/yr

View all

From

Product Manager

₹

Lakhs/yr

0 - 6 years exp.

Vice President

₹

Lakhs/yr

14 - 23 years exp.

Product Manager 0 - 6 years exp.

Associate Vice President 6 - 20 years exp.

68% hike

Vice President 14 - 23 years exp.

134% hike

From

View 1 more level

Product Manager

0 - 6 years exp.

Deputy Vice President

14 - 25 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in ICICI Lombard General Insurance Company

Senior Product Manager Salary

(9 salaries)

₹10.2 L/yr - ₹41 L/yr

Top skills at ICICI Lombard General Insurance Company for Product Manager

Product Management Business Analysis Industry Analysis Retail Sales Marketing PNL Motor Insurance Skill Gap Analysis Product Launch Ca Business Strategy Product Innovation Process design Relationship Management Petrochemical

Salary related reviews for ICICI Lombard General Insurance Company

Product Manager in Mumbai

Marketing & Communication Department

3.0

• posted on 13 Oct 2022

1.0

for Salary and Benefits

Likes

...place to work for those who are willing to get retired from the particular firm. On time salary. Professional and Straightforward VP.

Job security - Excellent

Dislikes

Work culture overall i.e non-responsive HR (Except Mohit Bane), IT team, Bad appraisal process and micro monitoring person AVP who is not even supporting towards the team. Even i will recommend to other peoples don't join in his team you will get exploit, harresed and irritated each and evey working as well as non working hours. There is no value for your efforts, even after showing result oriented work in full proof.

Salary - Bad

+4 more

Product Manager in Patna

Manpower Department

5.0

• posted on 20 Dec 2021

5.0

for Salary and Benefits

Likes

Good work environment and culture,Company policies are good,appraisals are fair and they give good salary hike and bonus every year

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow.

Product Manager in Mumbai

Bancassurance Department

3.0

• posted on 28 Dec 2020

4.0

for Salary and Benefits

Likes

Office ambience. Good pay scale. 5 days work in a week so good work life balance.

Salary - Good

+2 more

Dislikes

No skill devlopement, career growth is dependent on your relationship with superior, too much process oriented job, travelling is cumbersome if your work in head office.

Skill development - Bad

+2 more

Customer Relationship Manager in Hyderabad / Secunderabad

Full Time

Engineering - Software & QA Department

4.0

• posted on 25 Mar 2025

3.0

for Salary and Benefits

Likes

There is several departments, i was working in ( CRT Department ), i had good experience at icici Lombard, if you are completing your on time so no one will force you for OT, if you want leave so you will have to inform few days back to your reporting person and your leave will be approved, we had office outing also, i had been there for 1 year i haven't felt any office politics.

Job security - Excellent

+4 more

Dislikes

Less salary IJP after 18 months No gift or sweet in diwali Less salary hike

Manager - CRM in Indore (working remotely)

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 02 Feb 2025

4.0

for Salary and Benefits

Likes

Salary received on time no delays. Leaves system was also as per the requirements

Salary - Good

+3 more

Dislikes

Breaks are not appropriate I have medical issues like over active bladder I need to go to washroom frequently between one two hours but there is no break just you have to take permissions for that also break schedule not good

see more salary related reviews

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What people are saying about ICICI Lombard General Insurance Company

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an avp

How to change industry

I have an experience of 14 years in insurance sales . Want to switch profile and industry. What would be the way forward?

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ICICI Lombard General Insurance Company Product Manager Salary FAQs

What is the salary of Product Manager at ICICI Lombard General Insurance Company in Bangalore / Bengaluru?

The average salary of a Product Manager at ICICI Lombard General Insurance Company in Bangalore / Bengaluru typically ranges from ₹7.4 Lakhs to ₹25.0 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Product Manager in Bangalore / Bengaluru at ICICI Lombard General Insurance Company earn more than ₹25.0 Lakhs per year, and the top 1% earn over ₹25.0 Lakhs per year. Product Manager Salaries at ICICI Lombard General Insurance Company 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 10+ ICICI Lombard General Insurance Company employees in India.

What is the estimated take home salary of a Product Manager at ICICI Lombard General Insurance Company in Bangalore / Bengaluru?

The estimated take-home salary of a Product Manager at ICICI Lombard General Insurance Company in Bangalore / Bengaluru typically ranges from ₹1,21,568 to ₹1,25,034 per month. This is based on the average salary range of ₹7.4 Lakhs to ₹25.0 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 10+ salaries received from various employees of ICICI Lombard General Insurance Company. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Product Manager at ICICI Lombard General Insurance Company in Bangalore / Bengaluru?

To be a Product Manager at ICICI Lombard General Insurance Company in Bangalore / Bengaluru, the key skills required include:

- Product Management
- Business Analysis
- Industry Analysis
- Retail Sales
- Marketing

These skills are highly valued at ICICI Lombard General Insurance Company and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than ICICI Lombard General Insurance Company for Product Manager in India?

Allstate	₹18.1 Lakhs to ₹48.0 Lakhs per year
First American Corporation	₹22.2 Lakhs to ₹48.6 Lakhs per year
ICICI Bank	₹17.2 Lakhs to ₹31.1 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by ICICI Lombard General Insurance Company, depending on the role and experience level.

What is the salary of a Product Manager in companies similar to ICICI Lombard General Insurance Company in Bangalore / Bengaluru?

The salary of a Product Manager at companies similar to ICICI Lombard General Insurance Company in Bangalore / Bengaluru varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Tata AIG	₹8.5 Lakhs to ₹17.0 Lakhs per year
HDFC Life	₹13.0 Lakhs to ₹16.1 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 ICICI Lombard General Insurance Company in Bangalore / Bengaluru?

The salary growth for a Product Manager at ICICI Lombard General Insurance Company in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Product Manager in Bangalore / Bengaluru can expect the following growth trajectory at ICICI Lombard General Insurance Company:

Experience	Average Salary Range
1 year	₹15.0 Lakhs to ₹30.3 Lakhs per year
2 years	₹15.0 Lakhs to ₹31.4 Lakhs per year
3 years	₹16.3 Lakhs to ₹20.8 Lakhs per year
4 years	₹16.8 Lakhs to ₹21.5 Lakhs per year

and so on.

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ICICI Lombard General Insurance Company Product Manager Salaries in Bangalore / Bengaluru

ICICI Lombard General Insurance Company Product Manager salary in Bangalore / Bengaluru ranges between ₹7.4 Lakhs to ₹25 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 ICICI Lombard General Insurance Company latest salaries received from various employees of ICICI Lombard General Insurance Company.

ICICI Lombard General Insurance Company Product Manager salaries in Bangalore / Bengaluru (Updated 2025)

Companies similar to ICICI Lombard General Insurance Company for Product Manager in Bangalore / Bengaluru

Latest annual salaries shared by ICICI Lombard General Insurance Company Product Manager in Bangalore / Bengaluru

Experience wise ICICI Lombard General Insurance Company Product Manager salaries in Bangalore / Bengaluru

Similar Designation salaries in ICICI Lombard General Insurance Company

Top skills at ICICI Lombard General Insurance Company for Product Manager

Salary related reviews for ICICI Lombard General Insurance Company

Product Manager in Mumbai

Product Manager in Patna

Product Manager in Mumbai

Customer Relationship Manager in Hyderabad / Secunderabad

Manager - CRM in Indore (working remotely)

ICICI Lombard General Insurance Company Product Manager Salary FAQs

Tell us how to improve this page.