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Allstate Product Engineer salaries in Pune (Updated 2025)

Annual salary range
2 - 8 years exp.
₹7.5 Lakhs - ₹25.7 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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93% more than the average Product Engineer Salary in Insurance Companies for 2 - 8 years of experience

Interested in this particular role?

Last Updated: 17 Mar 2025

Companies similar to Allstate for Product Engineer in Pune

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Allstate Product Engineer Salary

2 - 8 years exp. (8 salaries)

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₹7.5 L/yr - ₹25.7 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Adient Product Engineer Salary

8 - 14 years exp. (171 salaries)

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₹7.4 L/yr - ₹17 L/yr

arrow icon 5% less
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LTIMindtree Product Engineer Salary

1 - 5 years exp. (133 salaries)

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₹4 L/yr - ₹12.5 L/yr

arrow icon 51% less
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Cummins Product Engineer Salary

0 - 9 years exp. (107 salaries)

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₹4 L/yr - ₹16 L/yr

arrow icon 39% less
3 job openings
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TCS Product Engineer Salary

0 - 4 years exp. (52 salaries)

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₹3 L/yr - ₹9 L/yr

arrow icon 58% less
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₹2.8 L/yr - ₹8.3 L/yr

arrow icon 62% less
Product Engineer salary at Allstate ranges between ₹7.5 Lakhs to ₹25.7 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 8 latest salaries received from various employees of Allstate.

Latest annual salaries shared by Allstate Product Engineer in Pune

2w ago
₹7.5 Lakhs
3 years exp.
3w ago
₹8.5 Lakhs
2 years exp.
2mo ago
₹15 Lakhs
3 years exp.
3mo ago
₹22.5 Lakhs
7 years exp.
4mo ago
₹27 Lakhs
8 years exp.
4mo ago
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5 years exp.
7mo ago
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7 years exp.
11mo ago
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7 years exp.

Experience wise Allstate Product Engineer salaries in Pune

Last Updated: 17 Mar 2025

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹6.5 L/yr - ₹8.3 L/yr
3 years (AmbitionBox Estimate)

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₹8.6 L/yr - ₹11 L/yr
4 years (AmbitionBox Estimate)

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₹10.8 L/yr - ₹13.8 L/yr
5 years (AmbitionBox Estimate)

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₹13 L/yr - ₹16.6 L/yr
6 years (AmbitionBox Estimate)

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₹15.1 L/yr - ₹19.3 L/yr
View all

Similar Designation salaries in Allstate

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₹21.28 L/yr - ₹38.6 L/yr
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Java Developer Salary
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₹3 L/yr - ₹13.1 L/yr
Lead Engineer Salary
(3 salaries)
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₹26.08 L/yr - ₹33 L/yr

Top skills at Allstate for Product Engineer

SAP Security and GRC SAP GRC Agile Coaching Scrum SAP S4Hana Product Engineering SAP Security Stakeholder Management

Salary related reviews for Allstate

Full Time

 · 

Production, Manufacturing & Engineering Department

4.0
  •  posted on 21 Sep 2024

2.0
 for  Salary and Benefits

Likes

1. HR policies are rigorously implemented, transcending mere documentation. 2. Unwavering commitment to ethical standards. 3. Continuous learning and self-development are deeply ingrained. 4. Approachable leadership and responsive teams foster open communication. 5. Technological excellence and innovative opportunities abound, with a focus on emerging tech stacks. 6. Work-life balance.

read more
  • Skill development - Excellent
  • +3 more

Dislikes

...3. Onsite opportunities are scarce, typically reserved for senior leadership. 4. Compensation packages are relatively inferior.

read more
  • Salary - Poor

Full Time

 · 

Legal & Regulatory Department

4.0
  •  posted on 24 Dec 2024

3.0
 for  Salary and Benefits

Likes

It feels really awesome as allstate is really different from other companies

  • Skill development - Excellent
  • +4 more

Dislikes

Salary hike is very poor, where in a new employee gets a decent hike of 30+% and the employee working from years won't even get 10% properly, it would be really good if employee gets a decent yearly hike like around minimum 20%

read more
  • Promotions - Poor

Full Time

 · 

Consulting Department

1.0
  •  posted on 28 Sep 2024

4.0
 for  Salary and Benefits

Likes

...wance of up to 1500/day depending on shift and project. 5. Hybrid work model. 6. Work life balance, salary hike all are good

read more
  • Salary - Good
  • +2 more

Dislikes

1. I joined Allstate with huge hopes in a senior role with 10+ years experience and the Ireland based ABI management lay off my entire team within a year. At this stage of our careers we were not offered any support from the HR team as there is no bench policy here. We were only offered 15 days of severance pay and were made to sign a MoU that we will not post anything on social media about this incident. I know once incident cannot determine the overall company brand value but please note this has happened inside this company and not an isolated incident that the company shouldn't held responsible for. We all struggled for 4 months to make ourselves positioned to an suitable job in an already low demand job market. We cannot explain our struggle in words, Monthly EMIs, job ghosting by other companies, other company HR taking advantage of our situations. My only request to this company is go for contract hiring only don't play with senior candidates careers. I felt like writing to Labor commission about this incident with a copy of MoU which was illegal but due to poor governance in India I thought of redirecting this energy towards something meaningful. 2. There are no onsite opportunity which is why company attracts you with little extra pay with no job security. You would be fired any day. 3. Heavy politics. I have seen position were forcefully created overnight to save a senior management employee from getting fired while the new joiners were terminated with just 15 days of severance pay.

read more
  • Skill development - Poor
  • +3 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 26 May 2023

2.0
 for  Salary and Benefits

Likes

Horrible place to work. They may advertise as great place to work. However, you will only biasness to the core of every promotion/band progression. They will not be ashamed to promote people by cheating in the important certifications for the promotions. Also, the management is so horrible that they will only and only promote one specific religion-based people who can't speak two correct sentences of English. You will be shocked to see the diversity in management as they only promote what we call as "Chaploose" to the height that senior managers are reclessly moved out of the Team if not fitting into their personal ego fulfillment. This is the worst decision of my work carrier and make sure if you are not the one who can carry tiffin bags , laptop bags, give door service and out of working hours service to your supervisor then this is not the place for you.

read more

Dislikes

...ffin bags, laptop bags , giving door service then this is not the place for you. You will npt be able to survive and since they pay you goos enumeration you will n ot easilyh be able to find another job outside.

read more
  • Salary - Poor
  • +6 more

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 22 Jun 2023

2.0
 for  Salary and Benefits

Likes

I like about the work environment

  • Job security - Excellent
  • +3 more

Dislikes

As I observed they do not promote employees who has worked from last 6- 7 years. Previously salary structure of this company was great but now they dont pay upto the mark.

read more
  • Salary - Poor
  • +1 more
see more salary related reviews

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Allstate Product Engineer Salary FAQs

What is the salary of Product Engineer at Allstate in Pune?
The average salary of a Product Engineer at Allstate in Pune typically ranges from ₹7.5 Lakhs to ₹25.7 Lakhs per year, depending on experience (from 2 years to 8 years).

The top 10% of Product Engineer in Pune at Allstate earn more than ₹25.7 Lakhs per year, and the top 1% earn over ₹27.0 Lakhs per year. Product Engineer Salaries at Allstate 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 8 Allstate employees in India.
What is the estimated take home salary of a Product Engineer at Allstate in Pune?
The estimated take-home salary of a Product Engineer at Allstate in Pune typically ranges from ₹1,00,880 to ₹1,03,630 per month. This is based on the average salary range of ₹7.5 Lakhs to ₹25.7 Lakhs per year for employees with experience ranging from 2 years to 8 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 8 salaries received from various employees of Allstate. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Product Engineer at Allstate in Pune?
To be a Product Engineer at Allstate in Pune, the key skills required include:

  • - SAP Security and GRC
  • - SAP GRC
  • - Agile Coaching
  • - Scrum
  • - SAP S4Hana

These skills are highly valued at Allstate and are crucial for successful performance in a Software Engineering role.
What is the salary of a Product Engineer in companies similar to Allstate in Pune?
The salary of a Product Engineer at companies similar to Allstate in Pune varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Adient ₹7.4 Lakhs to ₹17.0 Lakhs per year
Cummins ₹4.0 Lakhs to ₹16.0 Lakhs per year
LTIMindtree ₹4.0 Lakhs to ₹12.5 Lakhs per year
TCS ₹3.0 Lakhs to ₹9.0 Lakhs per year
Intellect Design Arena ₹2.8 Lakhs to ₹8.3 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 Product Engineer at Allstate in Pune?
The salary growth for a Product Engineer at Allstate in Pune depends on factors such as experience, performance, and promotions. On average, a Product Engineer in Pune can expect the following growth trajectory at Allstate:

Experience Average Salary Range
2 years ₹6.5 Lakhs to ₹8.3 Lakhs per year
3 years ₹8.6 Lakhs to ₹11.0 Lakhs per year
4 years ₹10.8 Lakhs to ₹13.8 Lakhs per year
5 years ₹13.0 Lakhs to ₹16.6 Lakhs per year
and so on.

Tell us how to improve this page.

Allstate Product Engineer salary in Pune ranges between ₹7.5 Lakhs to ₹25.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 8 Allstate latest salaries received from various employees of Allstate.