State Farm Insurance Product Owner Salaries in Chicago | 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 Product Owner Salaries in Chicago

The average State Farm Insurance Product Owner in Chicago earns $118,500 annually, which includes a base salary of $102,000 with a $16,500 bonus. This total compensation is $3,487 more than the US average for a Product Owner.

In Chicago, The Product Department at State Farm Insurance earns $4,701 more on average than the Customer Support Department.

Last updated 7 days ago.

$28k
$53k
$82k
$110k
$251k
$506k
$525k
$118,500
Average Compensation
$102,000
avg. base
$16,500
avg. bonus

Product Owner Salaries at State Farm Insurance

In Chicago, Product Owners earn $18,773 more than Jr Product Managers, and $15,267 less than Senior Product Managers.

Group Product Manager
$222k*
Director of Product
$216k*
Senior Product Manager
$134k*
Jr Product Manager
$100k*
* estimated salary

Compensation at State Farm Insurance by Department

In Chicago, The Product Department averages $4,701 more than the Customer Support Department, and $17,395 less than the Engineering Department

Engineering
$157,195 Avg. total comp.
+$17k
Product
$139,800 Avg. total comp.
Customer Support
$135,099 Avg. total comp.
-$5k

Product Owner Compensation by Gender (All Companies)

The average female Product Owner at companies similar size to State Farm Insurance reported making $131,454, while the average male Product Owner at similar sized companies reported making $138,171.

Product Owner Compensation by Ethnicity (All Companies)

The average Choose not to identify Product Owner at companies similar size to State Farm Insurance reported making $205,000, while the average African American/Black Product Owner at similar sized companies reported making $108,963.

How Product Owners at State Farm Insurance Rate Their Compensation

The majority of Product Owners at State Farm Insurance believe they're compensated fairly. 70% of Product Owners 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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