Royal Sundaram General Insurance Product Manager Salaries by 5 Employees (Updated 2025)

0 - 13 years exp.

₹6.2 Lakhs - ₹14.8 Lakhs

Low Confidence

Salary of majority employees

52% less than the average Product Manager Salary in Insurance Companies for 0 - 13 years of experience

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Last Updated: 16 Mar 2024

Companies similar to Royal Sundaram General Insurance for Product Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Product Manager Salary 1 - 9 years exp. (265 salaries)	₹6.3 L/yr - ₹25 L/yr 47% more
HDFC Ergo General Insurance Product Manager Salary 0 - 2 years exp. (19 salaries)	₹13 L/yr - ₹19 L/yr 49% more
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Bajaj Allianz General Insurance Product Manager Salary 1 - 13 years exp. (13 salaries)	₹5 L/yr - ₹19 L/yr 11% more
Reliance General Insurance Product Manager Salary 2 - 10 years exp. (7 salaries)	₹9 L/yr - ₹16 L/yr 3% more
Tata AIG Product Manager Salary 0 - 6 years exp. (62 salaries)	₹6.4 L/yr - ₹23.9 L/yr 51% more
Future Generali India Life Insurance Product Manager Salary 0 - 6 years exp. (4 salaries)	₹3 L/yr - ₹11.5 L/yr 30% less
SBI General Insurance Product Manager Salary 1 - 13 years exp. (3 salaries)	₹8.2 L/yr - ₹15.5 L/yr 8% more
Axis Max Life Insurance Product Manager Salary 2 - 9 years exp. (27 salaries)	₹7.2 L/yr - ₹30 L/yr 62% more
Digit Insurance Product Manager Salary 2 - 20 years exp. (14 salaries)	₹13 L/yr - ₹48 L/yr 160% more	2 job openings
Principal Global Services Product Manager Salary 8 - 14 years exp. (12 salaries)	₹26.1 L/yr - ₹44 L/yr 215% more
Aditya Birla Health Insurance Co Product Manager Salary 2 - 9 years exp. (8 salaries)	₹9 L/yr - ₹25.5 L/yr 56% more
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Medi Assist India Product Manager Salary 2 - 4 years exp. (8 salaries)	₹10.6 L/yr - ₹24 L/yr 93% more	1 job opening
Edelweiss Life Insurance Product Manager Salary 1 - 18 years exp. (8 salaries)	₹11 L/yr - ₹21 L/yr 44% more
ManipalCigna Health Insurance Product Manager Salary 1 - 6 years exp. (6 salaries)	₹10 L/yr - ₹18.4 L/yr 62% more
MetLife Product Manager Salary 5 - 24 years exp. (4 salaries)	₹20 L/yr - ₹28.5 L/yr 129% more
Ageas Federal Life Insurance Product Manager Salary 7 - 9 years exp. (4 salaries)	₹14 L/yr - ₹21 L/yr 76% more
Bharti AXA Life Insurance Product Manager Salary 4 - 7 years exp. (4 salaries)	₹10.4 L/yr - ₹16 L/yr 32% more
Allianz Partners Product Manager Salary 3 - 6 years exp. (3 salaries)	₹10 L/yr - ₹12.5 L/yr 12% more
Star Union Dai-ichi Life Insurance Product Manager Salary 6 - 13 years exp. (3 salaries)	₹13.6 L/yr - ₹23.6 L/yr 76% more

Product Manager salary at Royal Sundaram General Insurance ranges between ₹6.2 Lakhs to ₹14.8 Lakhs per year for employees with less than 1 year of experience to 13 years. Salary estimates are based on 5 latest salaries received from various employees of Royal Sundaram General Insurance.

Experience wise Royal Sundaram General Insurance Product Manager salaries

Last Updated: 16 Mar 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹6.2 L/yr - ₹16.5 L/yr
1 year (AmbitionBox Estimate)	₹8.4 L/yr - ₹10.8 L/yr
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2 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹11 L/yr
3 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹11.2 L/yr
4 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹17.9 L/yr
5 years (AmbitionBox Estimate)	₹9.1 L/yr - ₹11.7 L/yr
6 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.9 L/yr
7 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.1 L/yr
8 years (AmbitionBox Estimate)	₹9.6 L/yr - ₹12.3 L/yr
9 years (AmbitionBox Estimate)	₹9.8 L/yr - ₹12.6 L/yr
10 years (AmbitionBox Estimate)	₹10 L/yr - ₹12.8 L/yr
11 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹14 L/yr
12 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹14.8 L/yr
13 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹14.8 L/yr

View all

Similar Designation salaries in Royal Sundaram General Insurance

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(AmbitionBox Estimate)

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Production Manager Salary

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₹18 L/yr - ₹23 L/yr

Program Manager Salary

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Scrum Master Salary

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Senior Business Analyst Salary

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Salary related reviews for Royal Sundaram General Insurance

Back Office Associate in Chennai

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 26 Oct 2023

3.0

for Salary and Benefits

Likes

No more pressure . Appreciate the thing is providing the Food afternoon. But that also not maintaining properly.

Job security - Good

+2 more

Dislikes

... seems like school identity card. That also nowadays Looking Good. No more trip. If we want means we have to pay. Company not responsible. No more cab facilities. Royal sundaram sets for only the people WHO ARE ON ROLLS.

Promotions - Poor

Territory Sales Manager in Kolkata

Full Time

Merchandising, Retail & eCommerce Department

1.0

• posted on 06 Feb 2024

4.0

for Salary and Benefits

Likes

Products are good to promote. Salary is good.

Salary - Good

Dislikes

HR is reactive and not supportive to employees. Management is not mature to run the show. No one is ready to listen new ideas. Induction has done after 89 days from joining.

Skill development - Bad

+4 more

Sales Support Associate in Nagpur

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 19 Apr 2023

2.0

for Salary and Benefits

Likes

Work balance is quite good and no eager deadlines.

Dislikes

...posting. No policy for getting promotion within team within specific criteria. Appraisal cycle is worst and no clarity every year about bonus even salary hike too. It is also true that in this company higher management does not coperate with lower level staff.

Salary - Poor

+5 more

Branch Incharge in Pune

Full Time

Sales & Business Development Department

2.0

• posted on 12 Sep 2023

1.0

for Salary and Benefits

Likes

Trust they have on team earlier Earlier we have freedom

Job security - Good

Dislikes

...ays...my father was admitted under serious condition finally I lost my father...I worked during period while from Hospital which was known to reporting manager and later my 40 days salary was deducted which was done intentionally and no one supported no one asked me while leaving....I feel very bad of spending my 6+ years with organisation....I was really frustrated during the phase...I have all the evidence

Salary - Bad

+3 more

Operations Executive in Kolkata

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 04 Aug 2021

2.0

for Salary and Benefits

Likes

...oyal Sundaram, your job is absolutely secured, but the growth is very very poor. You will be giving your best for a low package altogether. Otherwise the company is good to survive

Job security - Excellent

+2 more

Dislikes

Salary and growth.

Salary - Poor

+1 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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Royal Sundaram General Insurance Product Manager Salary FAQs

What is the salary of Product Manager at Royal Sundaram General Insurance?

Product Manager salary at Royal Sundaram General Insurance in India ranges between ₹6.2 Lakhs to ₹14.8 Lakhs for less than 1 year of experience to 13 years. According to our estimates it is 52% less than the average Product Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Royal Sundaram General Insurance India.

How does the salary of a Product Manager at Royal Sundaram General Insurance India compare with the average salary range for this job?

The average salary of a Product Manager at Royal Sundaram General Insurance is 52% 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 Royal Sundaram General 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 - ₹13.0 Lakhs to ₹48.0 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
Star Union Dai-ichi Life Insurance Product Manager Salary - ₹13.6 Lakhs to ₹23.6 Lakhs per year

What is the salary of a Product Manager in companies similar to Royal Sundaram General Insurance in India?

Ageas Federal Life Insurance Product Manager Salary - ₹14.0 Lakhs to ₹21.0 Lakhs per year
ManipalCigna Health Insurance Product Manager Salary - ₹10.0 Lakhs to ₹18.4 Lakhs per year
Axis Max Life Insurance Product Manager Salary - ₹7.2 Lakhs to ₹30.0 Lakhs per year
Aditya Birla Health Insurance Co Product Manager Salary - ₹9.0 Lakhs to ₹25.5 Lakhs per year
Tata AIG Product Manager Salary - ₹6.4 Lakhs to ₹23.9 Lakhs per year

What is the estimated take home salary of a Product Manager at Royal Sundaram General Insurance in India?

The estimated take-home salary of a Product Manager at Royal Sundaram General Insurance ranges between ₹74,977 per month to ₹76,917 per month in India. The take-home salary calculation is based on the average Royal Sundaram General Insurance Product Manager salary in India which ranges between ₹6.2 Lakhs to ₹14.8 Lakhs per year for employees with less than 1 year of experience to 13 years. Check how did we calculate take home salary?

What is the notice period for Product Manager at Royal Sundaram General Insurance?

According to AmbitionBox, 60% of the Royal Sundaram General Insurance Product Managers reported a notice period of 1 Month, 40% reported a notice period of 3 Months.This is based on 5 responses on AmbitionBox in last 2 years.

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Royal Sundaram General Insurance Product Manager Salaries

Royal Sundaram General Insurance Product Manager salary in India ranges between ₹6.2 Lakhs to ₹14.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Royal Sundaram General Insurance latest salaries received from various employees of Royal Sundaram General Insurance.