Allianz Technology Procurement Specialist Salaries by 6 Employees

6 - 15 years exp.

₹5.3 Lakhs - ₹13.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

33% more than the average Procurement Specialist Salary in IT Services & Consulting Companies for 6 - 15 years of experience

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Last Updated: 22 Dec 2024

Companies similar to Allianz Technology for Procurement Specialist

Company name	Avg Annual Salary	Open Jobs
NetApp Procurement Specialist Salary 3 - 12 years exp. (6 salaries)	₹6.5 L/yr - ₹11 L/yr 14% less
SS&C TECHNOLOGIES Procurement Specialist Salary 2 - 5 years exp. (4 salaries)	₹5.6 L/yr - ₹9.4 L/yr 18% less
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Movate Procurement Specialist Salary 1 - 13 years exp. (3 salaries)	₹2.2 L/yr - ₹7 L/yr 52% less
Iron Mountain Inc Procurement Specialist Salary 4 - 9 years exp. (3 salaries)	₹3.9 L/yr - ₹12 L/yr 19% less
Flex Procurement Specialist Salary 3 - 10 years exp. (510 salaries)	₹3.5 L/yr - ₹8.2 L/yr 25% less

Procurement Specialist salary at Allianz Technology ranges between ₹5.3 Lakhs to ₹13.5 Lakhs per year for employees with experience between 6 years to 15 years. Salary estimates are based on 6 latest salaries received from various employees of Allianz Technology.

Experience wise Allianz Technology Procurement Specialist salaries

Last Updated: 22 Dec 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹5.3 L/yr
7 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr
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8 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr
9 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.7 L/yr
10 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.9 L/yr
11 years (AmbitionBox Estimate)	₹9.2 L/yr - ₹17.3 L/yr
12 years (AmbitionBox Estimate)	₹9.2 L/yr - ₹19.1 L/yr
13 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹13 L/yr
14 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹13 L/yr
15+ years (AmbitionBox Estimate)	₹13.5 L/yr - ₹13.5 L/yr

View all

Similar Designation salaries in Allianz Technology

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₹0.9 L/yr - ₹1.2 L/yr

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Senior Engineer Salary

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₹8.6 L/yr - ₹20.5 L/yr

Top skills at Allianz Technology for Procurement Specialist

Category Management Vendor Management IT Procurement

Salary related reviews for Allianz Technology

Senior Business Analyst in Pune

Full Time

Data Science & Analytics Department

4.0

• posted on 19 Dec 2024

2.0

for Salary and Benefits

Likes

Allianz is a good company to work with mostly because of the people and culture.

Skill development - Good

+4 more

Dislikes

from past 2 yrs there was no proper compensation provided to employees despite their hard work and excelling records, secondly for promotional hiring they do not match salaries to market standards which is not fair at all. Allianz will keep on paying employees 25-30 lpa who are on bench for 6months to a year maybe even more than that, but will pay way below market standards to a deserving candidate who is working day and night to make projects work

Salary - Poor

Senior Software Engineer in Thiruvananthapuram

Full Time

Engineering - Software & QA Department

4.0

• posted on 28 Feb 2023

3.0

for Salary and Benefits

Likes

Perfect Company for those who want to balance personal life and work . Hybrid Work Culture need to present only 4 days in a month .

Job security - Excellent

+3 more

Dislikes

Salary and Compensation . Many teams are working on in house frameworks .

Skill development - Poor

+1 more

Lead Consultant in Pune

Full Time

Data Science & Analytics Department

4.0

• posted on 20 Apr 2022

4.0

for Salary and Benefits

Likes

... without doing those typical long hors you can achieve good performance ratings. Pay structure may not be the very best in the industry but it is very balanced. Management is supportive and allows flexibility.

Salary - Good

+5 more

Dislikes

It can improve in terms of learning opportunities, career growth & visibilities.

Senior Information Security Analyst in Thiruvananthapuram

Full Time

IT & Information Security Department

5.0

• posted on 22 Oct 2021

3.0

for Salary and Benefits

Likes

I have been working at Allianz Tech for the past 4.5 years. Overall a great company and great work culture. I love my team and manager. Good work culture and Great work life balance. Annual Parties are the best.

Job security - Excellent

+2 more

Dislikes

...the worst. Hike and bonus pay is very less. Not treating the old employees well. Outside employees and newcomers are getting good compensation and benefits.

Work satisfaction - Poor

Senior Technical Analyst in Thiruvananthapuram

Full Time

Engineering - Hardware & Networks Department

5.0

• posted on 12 Jan 2022

3.0

for Salary and Benefits

Likes

Have good work life balance good learning opportunities You will be awarded or recognised for good work always they appreciate your work.

Skill development - Good

+5 more

Dislikes

They only offer less salary hikes. Even if you are a good performer and a critical resource company won’t retain you from leaving by settling with the salary you ask for.

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I have below 2 offers. which one to join. Need some guidance. 1. Luxoft - 32 fixed lpa. WFH. 1 lac joining bonus. 2. TCS - 31 fixed . over all ctc - 36. no WFH. 2 lac joining bonus (temporarily hybrid 3 days in client location which is near to my place till the time assigned to same project)

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Allianz Technology Procurement Specialist Salary FAQs

What is the salary of Procurement Specialist at Allianz Technology ?

The average salary of a Procurement Specialist at Allianz Technology in India typically ranges from ₹5.3 Lakhs to ₹13.5 Lakhs per year, depending on experience (from 6 years to 15 years).

The top 10% of Procurement Specialist at Allianz Technology earn more than ₹13.5 Lakhs per year, and the top 1% earn over ₹13.5 Lakhs per year. Procurement Specialist Salaries at Allianz Technology can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 6 Allianz Technology employees in India.

What is the estimated take home salary of a Procurement Specialist at Allianz Technology in India?

The estimated take-home salary of a Procurement Specialist at Allianz Technology in India typically ranges from ₹66,539 to ₹68,241 per month. This is based on the average salary range of ₹5.3 Lakhs to ₹13.5 Lakhs per year for employees with experience ranging from 6 years to 15 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 6 salaries received from various employees of Allianz Technology. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Procurement Specialist at Allianz Technology ?

To be a Procurement Specialist at Allianz Technology in india, the key skills required include:

- Category Management
- Vendor Management
- IT Procurement

These skills are highly valued at Allianz Technology and are crucial for successful performance in a Software Engineering role.

What is the salary of a Procurement Specialist in companies similar to Allianz Technology in India?

The salary of a Procurement Specialist at companies similar to Allianz Technology in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

NetApp	₹6.5 Lakhs to ₹11.0 Lakhs per year
SS&C TECHNOLOGIES	₹5.6 Lakhs to ₹9.4 Lakhs per year
Iron Mountain Inc	₹3.9 Lakhs to ₹12.0 Lakhs per year
Flex	₹3.5 Lakhs to ₹8.2 Lakhs per year
Movate	₹2.2 Lakhs to ₹7.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Procurement Specialist at Allianz Technology in India?

The salary growth for a Procurement Specialist at Allianz Technology depends on factors such as experience, performance, and promotions. On average, a Procurement Specialist can expect the following growth trajectory at Allianz Technology:

Experience	Average Salary Range
6 years	₹5.3 Lakhs to ₹5.3 Lakhs per year
7 years	₹4.9 Lakhs to ₹6.3 Lakhs per year
8 years	₹5.9 Lakhs to ₹7.5 Lakhs per year
9 years	₹6.8 Lakhs to ₹8.7 Lakhs per year

and so on.

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Allianz Technology Procurement Specialist Salaries

Allianz Technology Procurement Specialist salary in India ranges between ₹5.3 Lakhs to ₹13.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Allianz Technology latest salaries received from various employees of Allianz Technology.