Aegon Life Insurance Principal Engineer Salaries by 6 Employees (Updated 2024)

10 - 17 years exp.

₹39.1 Lakhs - ₹47 Lakhs

Low Confidence

Salary of majority employees

38% more than the average Principal Engineer Salary in Insurance Companies for 10 - 17 years of experience

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Salaries in different departments

Engineering - Software & QA Principal Engineer Salary 10 - 15 years exp. (3 salaries)	₹39.1 L/yr - ₹42.5 L/yr
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Product Management Principal Engineer Salary 16 - 17 years exp. (AmbitionBox Estimate)	₹42.3 L/yr - ₹51.7 L/yr

Last Updated: 3 Sep 2023

Companies similar to Aegon Life Insurance for Principal Engineer

Company name	Avg Annual Salary	Open Jobs
MetLife Principal Engineer Salary 7 - 10 years exp. (3 salaries)	₹24 L/yr - ₹45 L/yr 25% less
HARMAN Principal Engineer Salary 9 - 16 years exp. (426 salaries)	₹17 L/yr - ₹51.1 L/yr 16% less	3 job openings
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Hughes Systique Corporation Principal Engineer Salary 6 - 10 years exp. (253 salaries)	₹11 L/yr - ₹28 L/yr 51% less
Wissen Technology Principal Engineer Salary 7 - 12 years exp. (248 salaries)	₹15.5 L/yr - ₹41 L/yr 29% less
Oracle Principal Engineer Salary 9 - 17 years exp. (230 salaries)	₹16 L/yr - ₹60 L/yr 17% less	1 job opening

Principal Engineer salary at Aegon Life Insurance ranges between ₹39.1 Lakhs to ₹47 Lakhs per year for employees with experience between 10 years to 17 years. Salary estimates are based on 6 latest salaries received from various employees of Aegon Life Insurance.

Experience wise Aegon Life Insurance Principal Engineer salaries

Last Updated: 3 Sep 2023

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹39.1 L/yr - ₹39.1 L/yr
11 years (AmbitionBox Estimate)	₹36 L/yr - ₹46.1 L/yr
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12 years (AmbitionBox Estimate)	₹37.1 L/yr - ₹47.4 L/yr
13 years (AmbitionBox Estimate)	₹16.9 L/yr - ₹42.5 L/yr
14 years (AmbitionBox Estimate)	₹39.1 L/yr - ₹49.9 L/yr
15+ years (3 salaries)	₹42.5 L/yr - ₹47 L/yr

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Similar Designation salaries in Aegon Life Insurance

Principal Consultant Salary

(AmbitionBox Estimate)

₹22.5 L/yr - ₹28.7 L/yr

Software Engineer Salary

(AmbitionBox Estimate)

₹12.6 L/yr - ₹16.1 L/yr

Lead Software Engineer Salary

(3 salaries)

₹15.5 L/yr - ₹25 L/yr

Senior Software Engineer Salary

(11 salaries)

₹13 L/yr - ₹20 L/yr

Technical Lead Salary

(AmbitionBox Estimate)

₹32.3 L/yr - ₹41.3 L/yr

Project Manager Salary

(AmbitionBox Estimate)

₹20.7 L/yr - ₹26.5 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹7.2 L/yr - ₹9.2 L/yr

Senior Associate Salary

(3 salaries)

₹3 L/yr - ₹4.3 L/yr

Associate Consultant Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Senior Consultant Salary

(AmbitionBox Estimate)

₹22.7 L/yr - ₹29 L/yr

Salary related reviews for Aegon Life Insurance

Assistant Manager (working remotely)

Full Time

Marketing & Communication Department

2.0

• posted on 23 Apr 2023

2.0

for Salary and Benefits

Likes

Remote work and some home office setup cost is only main benefit but they come at very high other costs.

Dislikes

HR department gives you false claims to lurk you towards closing job at their end. They will show how much you will gain and additional variable pay above your CTC which is not given at end of year claiming company is in loss and No yearly appraisals are given after HR run behinds you every month to fill data on their HR portals. Use less portals and they only working towards their image correction in market as they are in very bad condition right now. Do not buy this fruit of Aegon Job as its shiny outside and rotten inside.

DVP in HO Mumbai

Strategic & Top Management Department

5.0

• posted on 26 May 2022

4.0

for Salary and Benefits

Likes

... you are heard. Access to top leadership which is sensitive and not opinionated. Aegon has a flat structure and pay is the best in the sector.

Dislikes

Nothing to dislike in the company or its culture.

Regional Manager in Kolkata

BFSI, Investments & Trading Department

1.0

• posted on 25 Oct 2021

4.0

for Salary and Benefits

Likes

Nothing good.

Dislikes

To be short and precise, DON'T JOIN even if they offer you 2 times salary. Just check their past record. It's already twice that they have closed channels at their whims and put hundreds of people's career into jeopardy. Very weak management both in India and Abroad. They have a knee jerk reaction to problems. Stay away. They don't have any Branch also

Assistant Manager in Mumbai

BFSI, Investments & Trading Department

3.0

• posted on 20 May 2019

5.0

for Salary and Benefits

Likes

Every individual plays superb role as a Team. Salary is very high.

Dislikes

But the Individuals are not helpful as internal customer. The Salary package is very high for each designation as compare to Market. So once you decide to leave Aegon, the other company will not recruit you because of your high salary.

Relationship Manager in Pune

Sales & Business Development Department

2.0

• posted on 01 Nov 2018

2.0

for Salary and Benefits

Likes

Teammates are supportive. But managers are not so supportive and cooperative.

Dislikes

They didn't pay me incentives earned during Jan 18 till date. BH/ABH will assure that you don't get paid on time. No quality data to work on and just too much useless pressure created

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Aegon Life Insurance Principal Engineer Salary FAQs

What is the salary of Principal Engineer at Aegon Life Insurance?

Principal Engineer salary at Aegon Life Insurance in India ranges between ₹39.1 Lakhs to ₹47.0 Lakhs for experience between 10 years to 17 years. According to our estimates it is 38% more than the average Principal Engineer Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Aegon Life Insurance India.

How does the salary of a Principal Engineer at Aegon Life Insurance India compare with the average salary range for this job?

The average salary of a Principal Engineer at Aegon Life Insurance is 38% more than the average salary of a Principal Engineer in India. To know exact salary insights, login to view.

What is the salary of a Principal Engineer in companies similar to Aegon Life Insurance in India?

HARMAN Principal Engineer Salary - ₹17.0 Lakhs to ₹51.1 Lakhs per year
Oracle Principal Engineer Salary - ₹16.0 Lakhs to ₹60.0 Lakhs per year
MetLife Principal Engineer Salary - ₹24.0 Lakhs to ₹45.0 Lakhs per year
Wissen Technology Principal Engineer Salary - ₹15.5 Lakhs to ₹41.0 Lakhs per year
Hughes Systique Corporation Principal Engineer Salary - ₹11.0 Lakhs to ₹28.0 Lakhs per year

What is the estimated take home salary of a Principal Engineer at Aegon Life Insurance in India?

The estimated take-home salary of a Principal Engineer at Aegon Life Insurance ranges between ₹2,53,802 per month to ₹2,64,141 per month in India. The take-home salary calculation is based on the average Aegon Life Insurance Principal Engineer salary in India which ranges between ₹39.1 Lakhs to ₹47.0 Lakhs per year for employees with experience between 10 years to 17 years. Check how did we calculate take home salary?

What is the notice period for Principal Engineer at Aegon Life Insurance?

According to AmbitionBox, 100% of the Aegon Life Insurance Principal Engineers reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Aegon Life Insurance Principal Engineer Salaries

Aegon Life Insurance Principal Engineer salary in India ranges between ₹39.1 Lakhs to ₹47 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Aegon Life Insurance latest salaries received from various employees of Aegon Life Insurance.