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ICICI Prudential Life Insurance Product Manager salaries in Mumbai (Updated 2025)

Annual salary range
0 - 6 years exp.
₹6.7 Lakhs - ₹19 Lakhs
Salary of majority employees
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22% 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. (15 salaries)
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₹6.7 L/yr - ₹19 L/yr

Data Science & Analytics
Product Manager Salary
2 - 6 years exp. (AmbitionBox Estimate)
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₹6.9 L/yr - ₹15.8 L/yr

Marketing & Communication
Product Manager Salary
2 - 3 years exp. (AmbitionBox Estimate)
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₹6.3 L/yr - ₹16.2 L/yr

Last Updated: 8 Mar 2025

Companies similar to ICICI Prudential Life Insurance for Product Manager in Mumbai

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ICICI Prudential Life Insurance Product Manager Salary

0 - 6 years exp. (30 salaries)

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₹6.7 L/yr - ₹19 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Life Product Manager Salary

2 - 9 years exp. (59 salaries)

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₹7.5 L/yr - ₹20 L/yr

arrow icon 17% less
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₹7.8 L/yr - ₹13.6 L/yr

arrow icon 34% less
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₹10 L/yr - ₹24 L/yr

arrow icon 12% more
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₹11 L/yr - ₹32 L/yr

arrow icon 18% more
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₹6 L/yr - ₹22.9 L/yr

arrow icon 8% less
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₹7.7 L/yr - ₹29 L/yr

arrow icon 20% more
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₹13 L/yr - ₹19 L/yr

arrow icon 2% less
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₹10 L/yr - ₹16 L/yr

arrow icon 10% less
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₹6 L/yr - ₹15 L/yr

arrow icon 26% less
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₹7.2 L/yr - ₹21 L/yr

arrow icon 15% less
Product Manager salary at ICICI Prudential Life Insurance ranges between ₹6.7 Lakhs to ₹19 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 30 latest salaries received from various employees of ICICI Prudential Life Insurance.

Latest annual salaries shared by ICICI Prudential Life Insurance Product Manager in Mumbai

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7 months exp.

Experience wise ICICI Prudential Life Insurance Product Manager salaries in Mumbai

Last Updated: 8 Mar 2025

Experience Avg Annual Salary
Fresher  (3 salaries)

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₹5.6 L/yr - ₹17 L/yr
1 year  (8 salaries)

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₹9 L/yr - ₹17 L/yr
2 years  (7 salaries)

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₹6.3 L/yr - ₹18 L/yr
3 years  (6 salaries)

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₹8.7 L/yr - ₹16.2 L/yr
4 years  (3 salaries)

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₹11 L/yr - ₹19 L/yr
View all

Similar Designation salaries in ICICI Prudential Life Insurance

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₹14.5 L/yr - ₹31 L/yr
Deputy Manager Salary
(9 salaries)
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₹3.75 L/yr - ₹8 L/yr
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₹12 L/yr - ₹16.1 L/yr
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₹4.5 L/yr - ₹8.3 L/yr

Top skills at ICICI Prudential Life Insurance for Product Manager

Filing Innovation Product Launch Category Management Interpersonal Skills Communication Skills Excel New Product Development IRDA Powerpoint Competition Mapping MS Office Web Services Process Development Management
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Salary related reviews for ICICI Prudential Life Insurance

2.6

Rated by 2 employees for salary & benefits

Full Time

 · 

Customer Success, Service & Operations Department

2.0
  •  posted on 10 Jan 2025

3.0
 for  Salary and Benefits

Likes

Salary package.

Dislikes

There is not have any work life balance, specially in group claims ,manager is not cooperative, for a single day sick leave also they asked like why did you inform previously.saturdays are working for partial employees.Hr &Sr Management is not supportive for employees they are at side of only managers.Promotion criteria is not basis of performance but on favourtism basis....hr will not assure that your conversation will be confidential & but each information gave to senior rather than to help out employees get more torture from manager.

read more
  • Skill development - Bad
  • +5 more

Full Time

 · 

Marketing & Communication Department

5.0
  •  posted on 07 Jan 2025

3.0
 for  Salary and Benefits

Likes

...d job security, and offers valuable learning opportunities to enhance my skills. While the salary is on the lower side and growth feels slow, the stable environment and focus on employee development make it a worthwhile place to work.

read more
  • Skill development - Excellent
  • +4 more

Dislikes

Low salary slow growth

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 03 Dec 2024

3.0
 for  Salary and Benefits

Likes

Expect salary nothing is good

Dislikes

Very worst management and the manager will treat in an irespectable manner as a fresher they would expect you work as an experience person if you don't do that the manager will force you resign the job better don't go and especially for bankassurance

read more
  • Skill development - Bad
  • +4 more

Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 02 Dec 2024

1.0
 for  Salary and Benefits

Likes

...ed for. There is no work-life balance. Company work culture is purely political. No learnings and compensation is below industry standards. Suggestion to anyone who is thinking to work here: Better go for Delivery agent rather work for ICICI Prudential.

read more

Dislikes

Everything

  • Salary - Bad
  • +6 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 30 Oct 2024

1.0
 for  Salary and Benefits

Likes

I like the culture little bit but salary is very bad only they provide good salary to the college placement peoples

read more

Dislikes

Many of the things like salary and designation is totally not up to the mark of someone is from college placement they provide good package and designation doesn't matter it's a fresher and when we talk about experience person there expectations are very high towards but salary is very very less

read more
  • Salary - Bad
  • +2 more
see more salary related reviews

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ICICI Prudential Life Insurance Product Manager Salary FAQs

What is the salary of Product Manager at ICICI Prudential Life Insurance Mumbai?
Product Manager salary at ICICI Prudential Life Insurance in Mumbai ranges between ₹6.7 Lakhs to ₹19.0 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 22% less than the average Product Manager Salary in India. Salary estimates are based on 30 latest salaries received from various employees of ICICI Prudential Life Insurance Mumbai.
How does the salary of a Product Manager at ICICI Prudential Life Insurance Mumbai compare with the average salary range for this job?
The average salary of a Product Manager at ICICI Prudential Life Insurance is 22% 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 Prudential Life Insurance?
Filing, Innovation, Product Launch, Category Management and Interpersonal Skills are some of the popular skills required to work as a Product Manager at ICICI Prudential Life Insurance Mumbai.
Which similar companies are paying more than ICICI Prudential Life Insurance to a Product Manager in Mumbai?
  • Kotak Mahindara Life Insurance Product Manager Salary - ₹7.7 Lakhs to ₹29.0 Lakhs per year
  • Tata AIA Life Insurance Product Manager Salary - ₹11.0 Lakhs to ₹32.0 Lakhs per year
  • Bajaj Allianz Life Insurance Product Manager Salary - ₹10.0 Lakhs to ₹24.0 Lakhs per year
What is the salary of a Product Manager in companies similar to ICICI Prudential Life Insurance in Mumbai?
  • HDFC Ergo General Insurance Product Manager Salary - ₹13.0 Lakhs to ₹19.0 Lakhs per year
  • ICICI Lombard General Insurance Company Product Manager Salary - ₹6.0 Lakhs to ₹22.9 Lakhs per year
  • Aditya Birla Sun Life Insurance Product Manager Salary - ₹10.0 Lakhs to ₹16.0 Lakhs per year
  • Kotak Mahindra General Insurance Product Manager Salary - ₹7.2 Lakhs to ₹21.0 Lakhs per year
  • HDFC Life Product Manager Salary - ₹7.5 Lakhs to ₹20.0 Lakhs per year
What is the estimated take home salary of a Product Manager at ICICI Prudential Life Insurance in Mumbai?
The estimated take-home salary of a Product Manager at ICICI Prudential Life Insurance ranges between ₹1,08,365 per month to ₹1,11,356 per month in Mumbai. The take-home salary calculation is based on the average ICICI Prudential Life Insurance Product Manager salary in India which ranges between ₹6.7 Lakhs to ₹19.0 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 Prudential Life Insurance in Mumbai?
According to AmbitionBox, 36% of the ICICI Prudential Life Insurance Product Managers in Mumbai reported a notice period of 2 Months, 28% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 11 responses on AmbitionBox in last 2 years.

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ICICI Prudential Life Insurance Product Manager salary in Mumbai ranges between ₹6.7 Lakhs to ₹19 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 30 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.

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