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3.7

based on 4.3k Reviews

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ICICI Lombard General Insurance Company Product Manager salaries in Mumbai

Annual salary range
0 - 6 years exp.
₹6 Lakhs - ₹22.2 Lakhs
Salary of majority employees
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36% less than the average Product Manager Salary in Insurance Companies for 0 - 6 years of experience

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Salaries in different departments

Product Management
Product Manager Salary
0 - 6 years exp. (67 salaries)
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₹6.4 L/yr - ₹22.8 L/yr

Finance & Accounting
Product Manager Salary
0 - 3 years exp. (20 salaries)
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₹5.3 L/yr - ₹13 L/yr

BFSI, Investments & Trading
Product Manager Salary
0 - 6 years exp. (19 salaries)
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₹4.8 L/yr - ₹14.1 L/yr

Marketing & Communication
Product Manager Salary
1 - 6 years exp. (9 salaries)
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₹10.7 L/yr - ₹16.5 L/yr

Data Science & Analytics
Product Manager Salary
2 - 6 years exp. (5 salaries)
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₹5.5 L/yr - ₹20 L/yr

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Last Updated: 11 Jan 2025

Companies similar to ICICI Lombard General Insurance Company for Product Manager in Mumbai

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ICICI Lombard General Insurance Company Product Manager Salary

0 - 6 years exp. (204 salaries)

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₹6 L/yr - ₹22.2 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹13 L/yr - ₹19 L/yr

arrow icon 17% more
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Tata AIG Product Manager Salary

0 - 6 years exp. (39 salaries)

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₹6.6 L/yr - ₹22 L/yr

arrow icon 9% more
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₹7.7 L/yr - ₹14.6 L/yr

arrow icon 20% less
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HDFC Life Product Manager Salary

2 - 9 years exp. (60 salaries)

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₹7.5 L/yr - ₹20 L/yr

arrow icon 4% less
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₹6.3 L/yr - ₹21 L/yr

arrow icon 16% more
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₹11.1 L/yr - ₹27.2 L/yr

arrow icon 18% more
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₹7.8 L/yr - ₹13.6 L/yr

arrow icon 20% less
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₹9 L/yr - ₹19.4 L/yr

arrow icon 19% more
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₹10 L/yr - ₹16 L/yr

arrow icon 16% more
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₹6 L/yr - ₹15 L/yr

arrow icon 11% less
Product Manager salary at ICICI Lombard General Insurance Company ranges between ₹6 Lakhs to ₹22.2 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 204 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 Mumbai

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Experience wise ICICI Lombard General Insurance Company Product Manager salaries in Mumbai

Last Updated: 11 Jan 2025

Experience Avg Annual Salary
Fresher  (9 salaries)

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₹5 L/yr - ₹18.8 L/yr
1 year  (48 salaries)

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₹4.9 L/yr - ₹19 L/yr
2 years  (42 salaries)

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₹5.2 L/yr - ₹21.6 L/yr
3 years  (42 salaries)

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₹6.5 L/yr - ₹22 L/yr
4 years  (28 salaries)

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₹6.2 L/yr - ₹22.8 L/yr
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ICICI Lombard General Insurance Company Product Manager Salary and Career Growth

From

To

Product Manager

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0 - 6 years exp.

Vice President

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14 - 22 years exp.

Product Manager 0 - 6 years exp.
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Associate Vice President 6 - 20 years exp.
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arrow icon 67% hike
    Vice President 14 - 22 years exp.
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    arrow icon 133% hike

    From

    1 more level

    To

    Product Manager

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    0 - 6 years exp.

    Deputy Vice President

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    12 - 23 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

    unlock blur
    ₹6 L/yr - ₹20.4 L/yr
    Project Manager Salary
    (10 salaries)
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    ₹10 L/yr - ₹29 L/yr
    Deputy Manager Salary
    (9 salaries)
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    ₹4.65 L/yr - ₹11 L/yr
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    ₹8 L/yr - ₹18.2 L/yr
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    ₹5.85 L/yr - ₹15 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

    2.2

    Rated by 22 employees for salary & benefits

    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.

    read more

    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.

    read more

    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.

    read 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.

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    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

    read more

    Dislikes

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

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    Full Time

     · 

    Sales & Business Development Department

    2.0
      •  posted on 23 Dec 2024

    3.0
     for  Salary and Benefits

    Likes

    Nothing as such, only u got salary on time

    Dislikes

    Everything is worth from the top level to bottom level no one is supportive even HR's only listen to top level like your manager you are reporting to ... No appraisal no hike nothing specially for campus hire.. If you r fresher so definitely you will get 5 rating and no hike ,even you did too good in terms of business... No one will listen your point , top level is always right here

    read more

    Full Time

     · 

    Other Department

    5.0
      •  posted on 22 Nov 2024

    2.0
     for  Salary and Benefits

    Likes

    Coordinates between the people

    Dislikes

    ... the time of final scour means there is something is going to wrong internally . New joining people and we are not eligible for the bonus and incentives

    read more
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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 Mumbai?
    Product Manager salary at ICICI Lombard General Insurance Company in Mumbai ranges between ₹6.0 Lakhs to ₹22.2 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 36% less than the average Product Manager Salary in India. Salary estimates are based on 204 latest salaries received from various employees of ICICI Lombard General Insurance Company Mumbai.
    How does the salary of a Product Manager at ICICI Lombard General Insurance Company Mumbai compare with the average salary range for this job?
    The average salary of a Product Manager at ICICI Lombard General Insurance Company is 36% less than the average salary of a Product Manager in Mumbai. To know exact salary insights, login to view.
    What are the top skills required to work as a Product Manager at ICICI Lombard General Insurance Company?
    Product Management, Business Analysis, Industry Analysis, Retail Sales and Marketing are some of the popular skills required to work as a Product Manager at ICICI Lombard General Insurance Company Mumbai.
    Which similar companies are paying more than ICICI Lombard General Insurance Company to a Product Manager in Mumbai?
    • Tata AIA Life Insurance Product Manager Salary - ₹9.0 Lakhs to ₹19.4 Lakhs per year
    • Kotak Mahindara Life Insurance Product Manager Salary - ₹11.1 Lakhs to ₹27.2 Lakhs per year
    • HDFC Ergo General Insurance Product Manager Salary - ₹13.0 Lakhs to ₹19.0 Lakhs per year
    • Aditya Birla Sun Life Insurance Product Manager Salary - ₹10.0 Lakhs to ₹16.0 Lakhs per year
    • ICICI Prudential Life Insurance Product Manager Salary - ₹6.3 Lakhs to ₹21.0 Lakhs per year
    What is the salary of a Product Manager in companies similar to ICICI Lombard General Insurance Company in Mumbai?
    • Tata AIG Product Manager Salary - ₹6.6 Lakhs to ₹22.0 Lakhs per year
    • HDFC Life Product Manager Salary - ₹7.5 Lakhs to ₹20.0 Lakhs per year
    • Reliance Nippon Life Insurance Product Manager Salary - ₹6.0 Lakhs to ₹15.0 Lakhs per year
    • SBI Life Insurance Company Product Manager Salary - ₹7.8 Lakhs to ₹13.6 Lakhs per year
    • Reliance General Insurance Product Manager Salary - ₹7.7 Lakhs to ₹14.6 Lakhs per year
    What is the estimated take home salary of a Product Manager at ICICI Lombard General Insurance Company in Mumbai?
    The estimated take-home salary of a Product Manager at ICICI Lombard General Insurance Company ranges between ₹92,270 per month to ₹94,742 per month in Mumbai. The take-home salary calculation is based on the average ICICI Lombard General Insurance Company Product Manager salary in India which ranges between ₹6.0 Lakhs to ₹22.2 Lakhs per year for employees with less than 1 year of experience to 6 years. Check how did we calculate take home salary?
    What is the notice period for Product Manager at ICICI Lombard General Insurance Company in Mumbai?
    According to AmbitionBox, 69% of the ICICI Lombard General Insurance Company Product Managers in Mumbai reported a notice period of 3 Months, 16% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 54 responses on AmbitionBox in last 2 years.

    Tell us how to improve this page.

    ICICI Lombard General Insurance Company Product Manager salary in Mumbai ranges between ₹6 Lakhs to ₹22.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 204 ICICI Lombard General Insurance Company latest salaries received from various employees of ICICI Lombard General Insurance Company.