Tata AIG Mumbai Product Manager Salaries by 40+ Employees (Updated 2025)

0 - 5 years exp.

₹6.7 Lakhs - ₹22 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakhs

Monthly In-hand Salary

31% less than the average Product Manager Salary in Insurance Companies for 0 - 5 years of experience

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Salaries in different departments

Product Management Product Manager Salary 0 - 5 years exp. (25 salaries)	₹7 L/yr - ₹21.4 L/yr
Marketing & Communication Product Manager Salary 1 - 2 years exp. (3 salaries)	₹5.4 L/yr - ₹15.5 L/yr
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Data Science & Analytics Product Manager Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹8.5 L/yr - ₹15.7 L/yr
Finance & Accounting Product Manager Salary 0 - 2 years exp. (AmbitionBox Estimate)	₹8 L/yr - ₹15.7 L/yr
Sales & Business Development Product Manager Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹7.8 L/yr - ₹15.7 L/yr

Last Updated: 19 Mar 2025

Companies similar to Tata AIG for Product Manager in Mumbai

Tata AIG Product Manager Salary

0 - 5 years exp. (42 salaries)

₹6.7 L/yr - ₹22 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Product Manager Salary 0 - 6 years exp. (192 salaries)	₹6 L/yr - ₹22.7 L/yr 7% less
HDFC Life Product Manager Salary 2 - 8 years exp. (59 salaries)	₹7.5 L/yr - ₹20 L/yr 6% less
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ICICI Prudential Life Insurance Product Manager Salary 0 - 7 years exp. (33 salaries)	₹6.3 L/yr - ₹19 L/yr 2% more
SBI Life Insurance Company Product Manager Salary 2 - 9 years exp. (12 salaries)	₹7.8 L/yr - ₹13.6 L/yr 27% less
Tata AIA Life Insurance Product Manager Salary 5 - 10 years exp. (8 salaries)	₹11 L/yr - ₹32 L/yr 32% more
Aditya Birla Sun Life Insurance Product Manager Salary 1 - 7 years exp. (7 salaries)	₹10 L/yr - ₹16 L/yr 1% more
Reliance General Insurance Product Manager Salary 2 - 10 years exp. (7 salaries)	₹9 L/yr - ₹16 L/yr 17% less
Aditya Birla Health Insurance Co Product Manager Salary 2 - 9 years exp. (6 salaries)	₹9 L/yr - ₹25.5 L/yr 14% more
Reliance Nippon Life Insurance Product Manager Salary 5 - 7 years exp. (5 salaries)	₹6 L/yr - ₹15 L/yr 18% less
Bajaj Allianz Life Insurance Product Manager Salary 4 - 13 years exp. (4 salaries)	₹10 L/yr - ₹24 L/yr 24% more

Product Manager salary at Tata AIG ranges between ₹6.7 Lakhs to ₹22 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 42 latest salaries received from various employees of Tata AIG.

Latest annual salaries shared by Tata AIG Product Manager in Mumbai

2w ago

₹17.2 Lakhs

3 years exp.

1mo ago

₹19 Lakhs

4 years exp.

2mo ago

₹14.2 Lakhs

3 years exp.

5mo ago

₹22 Lakhs

4 years exp.

7mo ago

₹21 Lakhs

2 years exp.

9mo ago

2 years exp.

11mo ago

1 year exp.

1y ago

1 year exp.

1y ago

1 year exp.

1y ago

8 months exp.

Experience wise Tata AIG Product Manager salaries in Mumbai

Last Updated: 19 Mar 2025

Experience	Avg Annual Salary
Fresher (4 salaries)	₹7 L/yr - ₹19.5 L/yr
1 year (8 salaries)	₹9 L/yr - ₹21.4 L/yr
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2 years (9 salaries)	₹6.8 L/yr - ₹21 L/yr
3 years (8 salaries)	₹7.8 L/yr - ₹17.2 L/yr
4 years (10 salaries)	₹6.3 L/yr - ₹22 L/yr
5 years (3 salaries)	₹11 L/yr - ₹20.8 L/yr

View all

Similar Designation salaries in Tata AIG

Deputy Manager Salary

(221 salaries)

₹2.6 L/yr - ₹8.02 L/yr

Senior Product Manager Salary

(13 salaries)

₹7.25 L/yr - ₹15 L/yr

Project Manager Salary

(11 salaries)

₹4.5 L/yr - ₹15 L/yr

Senior Project Manager Salary

(7 salaries)

₹9.05 L/yr - ₹14.6 L/yr

Product Owner Salary

(3 salaries)

₹30 L/yr - ₹36.4 L/yr

Top skills at Tata AIG for Product Manager

Product Management data R Data Analytics Product Analysis Python SQL

Salary related reviews for Tata AIG

2.6

Rated by 4 employees for salary & benefits

Project Manager in Hyderabad / Secunderabad

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 10 Jul 2023

3.0

for Salary and Benefits

Likes

If you're a genuine and consistency worker and dedicated mind the TATA AIG is the perfect company to work and grow.Best work environment good support management to learn and excute your skills.

Skill development - Excellent

+5 more

Dislikes

Comparing mid level employee salary with other companies it comes little less package.

Deputy Manager in Gorakhpur

Sales & Service Department

4.0

• posted on 09 May 2021

3.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent.Company policies are good but little bit of changes are required, appraisals are fair and they give almost good salary hike and bonus every year.

Skill development - Good

+1 more

Dislikes

Career growth is slow

Deputy Manager in Mumbai

BFSI, Investments & Trading Department

2.0

• posted on 18 Apr 2018

3.0

for Salary and Benefits

Likes

Job security, training

Dislikes

Politics in work environment, commitment related to salary and appraisals not met by management, recent introduced practices ruining work culture people due for promotions have to undergo interview with other Department heads and prove their merit..post working for due course. Typical indian corporate culture.

Work satisfaction - Poor

Team Manager in Ranchi

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 11 Jan 2025

3.0

for Salary and Benefits

Likes

You will be backed by seniors.. even if you are from ground level ..your voice and opinion will matter... HR is still good and have some ethics. There is growth oppertunity if you can fight for the same...

Skill development - Excellent

+4 more

Dislikes

The company these days is strictly into cost cutting.. since there are many old employees ..there is a lobby system.. The upraisal is very low ...

Channel Manager in Kanpur

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 25 Nov 2024

5.0

for Salary and Benefits

Likes

Salary growth and employee policy

Salary - Excellent

+4 more

Dislikes

ASM have very bad attitude also they dint like any management candidate. They are real life rakshash. !!Beware of brijesh sharma aka tuttal wo drink krne k bad badata hai!! ASM h wo

Work satisfaction - Bad

+1 more

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Top trending discussions

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Tata AIG Product Manager Salary FAQs

What is the salary of Product Manager at Tata AIG in Mumbai?

The average salary of a Product Manager at Tata AIG in Mumbai typically ranges from ₹6.7 Lakhs to ₹22.0 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Product Manager in Mumbai at Tata AIG earn more than ₹19.9 Lakhs per year, and the top 1% earn over ₹22.0 Lakhs per year. Product Manager Salaries at Tata AIG 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 40+ Tata AIG employees in India.

What is the estimated take home salary of a Product Manager at Tata AIG in Mumbai?

The estimated take-home salary of a Product Manager at Tata AIG in Mumbai typically ranges from ₹99,029 to ₹1,01,720 per month. This is based on the average salary range of ₹6.7 Lakhs to ₹22.0 Lakhs per year for employees with experience ranging from Fresher to 5 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 40+ salaries received from various employees of Tata AIG. 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 Tata AIG in Mumbai?

To be a Product Manager at Tata AIG in Mumbai, the key skills required include:

- Product Management
- data
- R
- Data Analytics
- Product Analysis

These skills are highly valued at Tata AIG and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Tata AIG for Product Manager in India?

Tata AIA Life Insurance	₹11.0 Lakhs to ₹32.0 Lakhs per year
Bajaj Allianz Life Insurance	₹10.0 Lakhs to ₹24.0 Lakhs per year
Aditya Birla Health Insurance Co	₹9.0 Lakhs to ₹25.5 Lakhs per year
ICICI Prudential Life Insurance	₹6.3 Lakhs to ₹19.0 Lakhs per year
Aditya Birla Sun Life Insurance	₹10.0 Lakhs to ₹16.0 Lakhs per year

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

What is the salary of a Product Manager in companies similar to Tata AIG in Mumbai?

The salary of a Product Manager at companies similar to Tata AIG in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Life	₹7.5 Lakhs to ₹20.0 Lakhs per year
ICICI Lombard General Insurance Company	₹6.0 Lakhs to ₹22.7 Lakhs per year
Reliance General Insurance	₹9.0 Lakhs to ₹16.0 Lakhs per year
Reliance Nippon Life Insurance	₹6.0 Lakhs to ₹15.0 Lakhs per year
SBI Life Insurance Company	₹7.8 Lakhs to ₹13.6 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 Tata AIG in Mumbai?

The salary growth for a Product Manager at Tata AIG in Mumbai depends on factors such as experience, performance, and promotions. On average, a Product Manager in Mumbai can expect the following growth trajectory at Tata AIG:

Experience	Average Salary Range
Fresher	₹7.0 Lakhs to ₹19.5 Lakhs per year
1 year	₹9.0 Lakhs to ₹21.4 Lakhs per year
2 years	₹6.8 Lakhs to ₹21.0 Lakhs per year
3 years	₹7.8 Lakhs to ₹17.2 Lakhs per year

and so on.

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Tata AIG Product Manager Salaries in Mumbai

Tata AIG Product Manager salary in Mumbai ranges between ₹6.7 Lakhs to ₹22 Lakhs with an average annual salary of ₹. Salary estimates are based on 42 Tata AIG latest salaries received from various employees of Tata AIG.