State Farm Insurance Product Manager Salary | Comparably
State Farm Insurance Claimed Company
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 Manager Salary

The average State Farm Insurance Product Manager earns $118,500 annually, which includes a base salary of $102,000 with a $16,500 bonus. This total compensation is $3,477 more than the US average for a Product Manager.

The Product Department at State Farm Insurance earns $16,907 more on average than the Legal Department.

Last updated 2 months ago.

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

Product Manager Salaries at State Farm Insurance

Product Managers earn $18,773 more than Jr Product Managers, and $51,012 less than Senior Product Managers.

Group Product Manager
$222k*
Director of Product
$217k*
Senior Product Manager
$170k*
Product Manager
$119k
Jr Product Manager
$100k*
* estimated salary

Compensation at State Farm Insurance by Department

The Product Department averages $16,907 more than the Legal Department, and $29,890 less than the Enterprise Risk Department

Enterprise Risk
$184,051 Avg. total comp.
+$30k
Product
$154,161 Avg. total comp.
Legal
$137,254 Avg. total comp.
-$17k

Product Manager Compensation by Gender (All Companies)

The average female Product Manager at companies similar size to State Farm Insurance reported making $131,454, while the average male Product Manager at similar sized companies reported making $138,242.

Product Manager Compensation by Ethnicity (All Companies)

The average Asian or Pacific Islander Product Manager at companies similar size to State Farm Insurance reported making $141,695, while the average Native American Product Manager at similar sized companies reported making $111,500.

How Product Managers at State Farm Insurance Rate Their Compensation

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