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Insurance Product Development Manager Salary in New Mexico

How much does an Insurance Product Development Manager make in New Mexico?

As of June 01, 2026, the average salary for an Insurance Product Development Manager in New Mexico is $132,268 per year, which breaks down to an hourly rate of $64.

However, an Insurance Product Development Manager's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $164,397
  • Majority Range (25th-75th percentile): $117,717 to $149,085
  • Entry-Level (10th percentile): $104,469
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View as table View as graph 25% $117,717 10% $104,469 90% $164,397 75% $149,085 $132,268 50%(Median) Didn’t find job title? Click

Insurance Product Development Manager Salaries by Percentile

Annual
Salary		 Monthly
Pay		 Weekly
Pay		 Hourly
Wage
75th Percentile $149,085 $12,424 $2,867 $72
Average $132,268 $11,022 $2,544 $64
25th Percentile $117,717 $9,810 $2,264 $57
Check out Insurance Product Development Manager Job Openings in New Mexico
Project Leader

Techtronic Industries Co Mexico S De RL De CV - Laguna, NM

Senior Staff HBM PYE Product Development Failure Analysis Engineer

Micron - IDAHO CITY, ID

Senior Staff HBM PYE Product Development Failure Analysis Engineer

Micron - IDAHO CITY, ID

Community Relations&amp Development Manager

HSC Central Ohio LLC - MOUNT AIR, OH

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Key Factors That Influence Insurance Product Development Manager Salaries

An Insurance Product Development Manager's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how geographic location and company size can directly affect your earning potential.

Top Paying Cities for Insurance Product Development Managers

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • Algodones: $133,676
  • Belen: $132,932
  • Bernalillo: $133,913

Insurance Product Development Manager Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how an Insurance Product Development Manager's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

  • Yearly
  • Monthly
  • Weekly
  • Hourly
  • Table View
Last Updated on June 01, 2026
$117,717
Average $132,268/year
$149,085
$9,810
Average $11,022/month
$12,424
$2,264
Average $2,544/week
$2,867
$57
Average $64/hour
$72
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $149,085 $12,424 $2,867 $72
Average $132,268 $11,022 $2,544 $64
25th Percentile $117,717 $9,810 $2,264 $57

Insurance Product Development Manager Salary Growth & Career Path

Insurance Product Development Manager
Insurance Product Development Senior Manager
SVP of Insurance Product Development

For an Insurance Product Development Manager, the most direct path to higher earnings is advancing to the Insurance Product Development Senior Manager role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $157,258 - a projected growth of 19% over your current level.

Salaries of jobs related to Insurance Product Development Manager

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Cost of Living In New Mexico

Cost of Living in New Mexico is
-7.4% Lower
than the National Average

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