State Farm Insurance Group Product Manager Salaries in Phoenix | Comparably
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At State Farm®, our mission is to help people manage the risks of everyday life, recover from the unexpected, and realize their dreams. We are passionate and driven to create possibilities, and we’re serious about being here to help life go right™ for customers by providing solutions for all of life’s moments. read more
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State Farm Insurance Group Product Manager Salaries in Phoenix

The average State Farm Insurance Group Product Manager in Phoenix earns an estimated $226,774 annually, which includes an estimated base salary of $178,553 with a $48,221 bonus. State Farm Insurance's Group Product Manager compensation is $37,360 more than the US average for a Group Product Manager. Group Product Manager salaries at State Farm Insurance in Phoenix can range from $119,000 - $343,000.

In Phoenix, The Product Department at State Farm Insurance earns $18,622 more on average than the Operations Department.

Last updated 6 days ago.

$60k
$105k
$142k
$182k
$276k
$400k
$465k
$226,774
Average Compensation
$178,553
avg. base
$48,221
avg. bonus

Group Product Manager Salaries at State Farm Insurance

In Phoenix, Group Product Managers earn $4,410 more than Group Product Managers.

Group Product Manager
$222k*
Director of Product
$217k*
Senior Product Manager
$120k*
Jr Product Manager
$100k*
* estimated salary

Compensation at State Farm Insurance by Department

In Phoenix, The Product Department averages $18,622 more than the Operations Department, and $17,210 less than the Enterprise Risk Department

Enterprise Risk
$184,270 Avg. total comp.
+$17k
Product
$167,060 Avg. total comp.
Operations
$148,438 Avg. total comp.
-$19k

Group Product Manager Compensation by Gender (All Companies)

The average female Group Product Manager at companies similar size to State Farm Insurance reported making $212,372, while the average male Group Product Manager at similar sized companies reported making $231,339.

Group Product Manager Compensation by Ethnicity (All Companies)

The average African American/Black Group Product Manager at companies similar size to State Farm Insurance reported making $255,000, while the average Hispanic or Latino Group Product Manager at similar sized companies reported making $196,200.

How Group Product Managers at State Farm Insurance Rate Their Compensation

The majority of Group Product Managers at State Farm Insurance believe they're compensated fairly. 70% of Group Product Managers at State Farm Insurance say they receive annual bonuses, and the majority (60%) are satisfied with their benefits. See more compensation ratings at State Farm Insurance

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