Sun Life Financial Product Owner Salaries by 5 Employees (Updated 2025)

5 - 18 years exp.

₹22.7 Lakhs - ₹30 Lakhs

Low Confidence

Salary of majority employees

Fixed (88%)

₹23 Lakhs

Variable (12%)

₹3.2 Lakhs

17% more than the average Product Owner Salary in Financial Services Companies for 5 - 18 years of experience

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Salaries in different departments

Product Management Product Owner Salary 5 years exp. (AmbitionBox Estimate)	₹22.7 L/yr - ₹22.8 L/yr
BFSI, Investments & Trading Product Owner Salary 16 years exp. (AmbitionBox Estimate)	₹27 L/yr - ₹33 L/yr
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Data Science & Analytics Product Owner Salary 18 years exp. (AmbitionBox Estimate)	₹25.2 L/yr - ₹30.8 L/yr
Project & Program Management Product Owner Salary 8 years exp. (AmbitionBox Estimate)	₹22.5 L/yr - ₹27.5 L/yr

Last Updated: 27 Feb 2025

Companies similar to Sun Life Financial for Product Owner

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Product Owner Salary 8 - 9 years exp. (4 salaries)	₹14.6 L/yr - ₹15.6 L/yr 43% less
Axis Max Life Insurance Product Owner Salary 5 - 11 years exp. (6 salaries)	₹15 L/yr - ₹30 L/yr 19% less
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JPMorgan Chase & Co. Product Owner Salary 4 - 16 years exp. (171 salaries)	₹11 L/yr - ₹40.5 L/yr 4% less
Wells Fargo Product Owner Salary 8 - 16 years exp. (52 salaries)	₹12.5 L/yr - ₹40.8 L/yr 8% more
American Express Product Owner Salary 3 - 12 years exp. (57 salaries)	₹9 L/yr - ₹35 L/yr 23% less
Citicorp Product Owner Salary 4 - 14 years exp. (48 salaries)	₹14 L/yr - ₹38 L/yr 1% more
FactSet Product Owner Salary 5 - 9 years exp. (25 salaries)	₹6.3 L/yr - ₹22 L/yr 53% less
UBS Product Owner Salary 8 - 17 years exp. (21 salaries)	₹22 L/yr - ₹61 L/yr 45% more
TIAA Global Business Services Product Owner Salary 5 - 12 years exp. (20 salaries)	₹12 L/yr - ₹29 L/yr 21% less
Fidelity Investments Product Owner Salary 2 - 15 years exp. (12 salaries)	₹10 L/yr - ₹33 L/yr 15% less
Morgan Stanley Product Owner Salary 6 - 13 years exp. (10 salaries)	₹19 L/yr - ₹36 L/yr 12% more
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Morningstar Product Owner Salary 3 - 6 years exp. (6 salaries)	₹10.3 L/yr - ₹20 L/yr 45% less	2 job openings
BNP Paribas Product Owner Salary 11 - 16 years exp. (4 salaries)	₹21 L/yr - ₹30 L/yr 1% more
Marsh McLennan Product Owner Salary 9 - 19 years exp. (3 salaries)	₹40 L/yr - ₹50 L/yr 67% more
State Street Corporation Product Owner Salary 4 - 10 years exp. (3 salaries)	₹10 L/yr - ₹30 L/yr 22% less

Product Owner salary at Sun Life Financial ranges between ₹22.7 Lakhs to ₹30 Lakhs per year for employees with experience between 5 years to 18 years. Salary estimates are based on 5 latest salaries received from various employees of Sun Life Financial.

Experience wise Sun Life Financial Product Owner salaries

Last Updated: 27 Feb 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹22.7 L/yr - ₹41.2 L/yr
6 years (AmbitionBox Estimate)	₹21.1 L/yr - ₹26.9 L/yr
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7 years (AmbitionBox Estimate)	₹21.5 L/yr - ₹27.5 L/yr
8 years (AmbitionBox Estimate)	₹9.8 L/yr - ₹25 L/yr
9 years (AmbitionBox Estimate)	₹22.4 L/yr - ₹28.6 L/yr
10 years (AmbitionBox Estimate)	₹22.9 L/yr - ₹29.2 L/yr
11 years (AmbitionBox Estimate)	₹23.3 L/yr - ₹29.8 L/yr
12 years (AmbitionBox Estimate)	₹23.8 L/yr - ₹30.4 L/yr
13 years (AmbitionBox Estimate)	₹24.2 L/yr - ₹31 L/yr
14 years (AmbitionBox Estimate)	₹24.7 L/yr - ₹31.5 L/yr
15+ years (AmbitionBox Estimate)	₹28 L/yr - ₹30 L/yr

View all

Similar Designation salaries in Sun Life Financial

Product Manager Salary

(AmbitionBox Estimate)

₹27.9 L/yr - ₹35.7 L/yr

Project Manager Salary

(25 salaries)

₹8.5 L/yr - ₹32.2 L/yr

Program Manager Salary

(7 salaries)

₹28.6 L/yr - ₹44 L/yr

Scrum Master Salary

(12 salaries)

₹8.35 L/yr - ₹30 L/yr

Associate Director Salary

(20 salaries)

₹30 L/yr - ₹63 L/yr

Senior Project Manager Salary

(12 salaries)

₹24.55 L/yr - ₹36 L/yr

Associate Product Manager Salary

(AmbitionBox Estimate)

₹8.1 L/yr - ₹10.4 L/yr

Business Analyst Salary

(21 salaries)

₹5 L/yr - ₹19.4 L/yr

Senior Consultant Salary

(5 salaries)

₹18 L/yr - ₹35 L/yr

Senior Business Analyst Salary

(6 salaries)

₹8.5 L/yr - ₹26.2 L/yr

Salary related reviews for Sun Life Financial

Senior Business Analyst in Gurgaon / Gurugram

Data Science & Analytics Department

4.0

• posted on 05 Jun 2021

4.0

for Salary and Benefits

Likes

... caring people, Good visibility of projects, Direct communication with onshore industry comparable package Work from Home culture. Health Insurance is BONUS Company has not fired anyone during difficult covid times. Tech stack needs to be improved.

Salary - Good

+6 more

Dislikes

Tech stack should be improved. On site opportunities should be provided, which is non existant for India location.

Analyst Developer in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

2.0

• posted on 04 Dec 2024

2.0

for Salary and Benefits

Likes

1. Work is good if you are working in can it.

Job security - Good

Dislikes

...not good at every department 2. Extremely bias during quarterly appreciation 3. Competitive salary but still low compared to other product companies. 4. Most of the stuff is already developed by third party vendors currently we are working on supporting & doing enhancements. 5. Hrs & manager will pressure you to work from office atleast 2 days.

Salary - Poor

+4 more

Software Developer in Gurgaon / Gurugram

Full Time

Data Science & Analytics Department

1.0

• posted on 17 Nov 2024

1.0

for Salary and Benefits

Likes

Additional benefits like free meal and insurance. But it goona be stop soon

Dislikes

... good for high aspiration people. If you looking government job . Then its good. No good salary hike after join

Salary - Bad

+4 more

Associate in Gurgaon / Gurugram

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 08 Mar 2023

3.0

for Salary and Benefits

Likes

...but that company never impacted their employees despite supported in monetary, Didn’t reduced salary at all One of the finest company I have ever seen and lucky that I m part of it More than 7 years and it’s all Sun Life fault😊

Skill development - Good

+4 more

Dislikes

Wish if company focus on more pay scale and annual appraisal Rather giving 7-9 make 10 as default upon that person performance Looking at the inflation and cost of living

Development Specialist in Gurgaon / Gurugram

Full Time

Engineering - Software & QA Department

4.0

• posted on 15 Oct 2021

4.0

for Salary and Benefits

Likes

...pen door policy you can have 1:1 with the directors and management frequently. Appraisals are mostly fair and eligible candidates can get upto 2-3 hikes and Salary corections within a financial year. Bonus are good and can easily go beyond 100% if you perform good enough. Only con is working shift and lots of calls from onshore counter parts and the timezone differences.

Salary - Good

+6 more

Dislikes

Little slow paced company because of its mammoth size. Working Shifts would go till 10 PM for IT team due to timezone mapping but there would be no micro management. Lots of vacancies for Technical architects and Engineering Managers and company is finding it hard to get them onboard.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Sun Life Financial Product Owner Salary FAQs

What is the salary of Product Owner at Sun Life Financial ?

The average salary of a Product Owner at Sun Life Financial in India typically ranges from ₹22.7 Lakhs to ₹30.0 Lakhs per year, depending on experience (from 5 years to 18 years).

The top 10% of Product Owner at Sun Life Financial earn more than ₹30.0 Lakhs per year, and the top 1% earn over ₹30.0 Lakhs per year. Product Owner Salaries at Sun Life Financial 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 5 Sun Life Financial employees in India.

What is the estimated take home salary of a Product Owner at Sun Life Financial in India?

The estimated take-home salary of a Product Owner at Sun Life Financial in India typically ranges from ₹1,64,629 to ₹1,70,936 per month. This is based on the average salary range of ₹22.7 Lakhs to ₹30.0 Lakhs per year for employees with experience ranging from 5 years to 18 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 5 salaries received from various employees of Sun Life Financial. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Sun Life Financial for Product Owner in India?

Marsh McLennan	₹40.0 Lakhs to ₹50.0 Lakhs per year
UBS	₹22.0 Lakhs to ₹61.0 Lakhs per year
Morgan Stanley	₹19.0 Lakhs to ₹36.0 Lakhs per year
Wells Fargo	₹12.5 Lakhs to ₹40.8 Lakhs per year
BNP Paribas	₹21.0 Lakhs to ₹30.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Sun Life Financial, depending on the role and experience level.

What is the salary of a Product Owner in companies similar to Sun Life Financial in India?

The salary of a Product Owner at companies similar to Sun Life Financial in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Citicorp	₹14.0 Lakhs to ₹38.0 Lakhs per year
JPMorgan Chase & Co.	₹11.0 Lakhs to ₹40.5 Lakhs per year
Fidelity Investments	₹10.0 Lakhs to ₹33.0 Lakhs per year
Axis Max Life Insurance	₹15.0 Lakhs to ₹30.0 Lakhs per year
TIAA Global Business Services	₹12.0 Lakhs to ₹29.0 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 Owner at Sun Life Financial in India?

The salary growth for a Product Owner at Sun Life Financial depends on factors such as experience, performance, and promotions. On average, a Product Owner can expect the following growth trajectory at Sun Life Financial:

Experience	Average Salary Range
5 years	₹22.7 Lakhs to ₹41.2 Lakhs per year
6 years	₹21.1 Lakhs to ₹26.9 Lakhs per year
7 years	₹21.5 Lakhs to ₹27.5 Lakhs per year
8 years	₹9.8 Lakhs to ₹25.0 Lakhs per year

and so on.

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Sun Life Financial Product Owner Salaries

Sun Life Financial Product Owner salary in India ranges between ₹22.7 Lakhs to ₹30 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Sun Life Financial latest salaries received from various employees of Sun Life Financial.