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Allstate Software Engineer Level 1 salaries in Hyderabad / Secunderabad (Updated 2025)

Annual salary range
2 - 4 years exp.
₹8.5 Lakhs - ₹10 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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At par with the average Software Engineer Level 1 Salary in Insurance Companies for 2 - 4 years of experience

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Last Updated: 30 Mar 2025

Companies similar to Allstate for Software Engineer Level 1 in Hyderabad / Secunderabad

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Allstate Software Engineer Level 1 Salary

2 - 4 years exp. (5 salaries)

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₹8.5 L/yr - ₹10 L/yr

vs
Company name Avg Annual Salary Open Jobs
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MAQ Software Software Engineer Level 1 Salary

0 - 3 years exp. (248 salaries)

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₹5 L/yr - ₹13.2 L/yr

arrow icon 2% less
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HighRadius Software Engineer Level 1 Salary

2 - 5 years exp. (107 salaries)

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₹7 L/yr - ₹17.2 L/yr

arrow icon 20% more
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₹6 L/yr - ₹16 L/yr

arrow icon 22% more
2 job openings
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₹6.5 L/yr - ₹12.5 L/yr

arrow icon 4% less
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FactSet Software Engineer Level 1 Salary

0 - 3 years exp. (36 salaries)

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₹8.9 L/yr - ₹13.6 L/yr

arrow icon 16% more
Software Engineer Level 1 salary at Allstate ranges between ₹8.5 Lakhs to ₹10 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 5 latest salaries received from various employees of Allstate.

Latest annual salaries shared by Allstate Software Engineer Level 1 in Hyderabad / Secunderabad

1w ago
₹9.6 Lakhs
3 years exp.
1mo ago
₹10 Lakhs
3 years exp.
1y ago
₹9.2 Lakhs
3 years exp.
1y ago
₹8.5 Lakhs
2 years exp.
1y ago
₹10 Lakhs
4 years exp.

Experience wise Allstate Software Engineer Level 1 salaries in Hyderabad / Secunderabad

Last Updated: 30 Mar 2025

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹7.5 L/yr - ₹9.6 L/yr
3 years  (3 salaries)

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₹9.2 L/yr - ₹10 L/yr
4 years (AmbitionBox Estimate)

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₹10 L/yr - ₹12.8 L/yr

Similar Designation salaries in Allstate

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₹6 L/yr - ₹10.16 L/yr

Top skills at Allstate for Software Engineer Level 1

Spring Boot Redux UML Java JMS Web Services Scrum Kanban Object Oriented Programming Angularjs XML XP JSON JUnit JPA

Salary related reviews for Allstate

Full Time

 · 

Engineering - Software & QA Department

1.0
  •  posted on 29 Mar 2025

2.0
 for  Salary and Benefits

Likes

Hire for the time when they have worked and then immediately fire. All senior management got fired if don't trust ask square trade account how many folks they have been removed. If you are under Vedha's then never join, they hire a team for Dunkirk technology and immediately fired all of them in 15 days if don't trust so ask what happened to the batch who joined in September 2023, luckily I m java developer so could survive for a year but then finally they fired me, my manager, senior manager and all other senior level developer. If you are aware that USA crises for California fire, so Allstate bearing heavy lose and obviously they started India Labour development center so they can easily use us and fire as other foreign country dev are on higher salary. If you think I am lying so Please ask HR about above mentioned points. Ask what happened to squaretrade account Ask what happened to the folks who joined in september 2023 Ask vedha's team where are they now ?

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Dislikes

...r for US. Allstate acquired Square trade but they people are ruling on allstate. If you want to spoil you career in the greed of higher package then join this company and then after fire even you will have the higher salary range issue so other opportunity will not come to you.

read more
  • Salary - Poor
  • +6 more

Full Time

 · 

Engineering - Software & QA Department

5.0
  •  posted on 28 Jun 2022

5.0
 for  Salary and Benefits

Likes

The company is Good. Good Compensation,Lots of technologies to work. You'll get good work depends on the project.

read more
  • Salary - Excellent
  • +5 more

Dislikes

MAIN concern is the people around you. For me, it's NOT the best(not the worst either). Team is not that helpful or I don't feel comfortable with these people. I had a technical discussion with one of the managers,for an internal project management cement, Sorry to say, it was the worst experience, he wants to know about my PAST(14 years back stories) ,and started behaving absolutely arrogant( sorry to say that, but there is no other way to describe). People are very busy, and I don't feel comfortable here. Expectations are huge. Honestly, I won't recommend to anyone, unless they're ready to work in such environment. My manager told me,there is no allowance for weekend support, not sure if it's true. AGAIN, IT TOTALLY DEPENDS ON THE PROJECT YOU'RE IN. I am a new joinee, so can't say much pros or cons.

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Engineering - Software & QA Department

4.0
  •  posted on 26 Nov 2017

4.0
 for  Salary and Benefits

Likes

The company have a very good work culture and they provide a good package . There have a average career growth oppertunity .. but very poor learning oppertunity.

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  • Salary - Good
  • +4 more

Dislikes

Compensation is decent but learning oppertunity is very poor.

  • Skill development - Poor

Full Time

 · 

Engineering - Software & QA Department

1.0
  •  posted on 13 Feb 2025

2.0
 for  Salary and Benefits

Likes

Earlier Allstate was a good company but now they are just focusing on cost cutting and laying off people every year.

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Dislikes

...urity they are using very old technologies. High expectations. Micromanagement. Now they are just focusing on cost cutting.

read more
  • Salary - Poor
  • +6 more

Full Time

 · 

Engineering - Software & QA Department

4.0
  •  posted on 07 Feb 2025

3.0
 for  Salary and Benefits

Likes

Work like balance and tech stack exposure

  • Job security - Good
  • +3 more

Dislikes

Being a insurance company it asks employees to pay for the insurance of the parents and has 5k restrictions on the room rent which is too less for the current situation. Employee Insurance policy needs revision.

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Allstate Software Engineer Level 1 Salary FAQs

What is the salary of Software Engineer Level 1 at Allstate in Hyderabad / Secunderabad?
The average salary of a Software Engineer Level 1 at Allstate in Hyderabad / Secunderabad typically ranges from ₹8.5 Lakhs to ₹10.0 Lakhs per year, depending on experience (from 2 years to 4 years).

The top 10% of Software Engineer Level 1 in Hyderabad / Secunderabad at Allstate earn more than ₹10.0 Lakhs per year, and the top 1% earn over ₹10.0 Lakhs per year. Software Engineer Level 1 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 5 Allstate employees in India.
What is the estimated take home salary of a Software Engineer Level 1 at Allstate in Hyderabad / Secunderabad?
The estimated take-home salary of a Software Engineer Level 1 at Allstate in Hyderabad / Secunderabad typically ranges from ₹70,286 to ₹72,094 per month. This is based on the average salary range of ₹8.5 Lakhs to ₹10.0 Lakhs per year for employees with experience ranging from 2 years to 4 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 5 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 Software Engineer Level 1 at Allstate in Hyderabad / Secunderabad?
To be a Software Engineer Level 1 at Allstate in Hyderabad / Secunderabad, the key skills required include:

  • - Spring Boot
  • - Redux
  • - UML
  • - Java
  • - JMS

These skills are highly valued at Allstate and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Allstate for Software Engineer Level 1 in India?
NCR Corporation ₹6.0 Lakhs to ₹16.0 Lakhs per year
HighRadius ₹7.0 Lakhs to ₹17.2 Lakhs per year
FactSet ₹8.9 Lakhs to ₹13.6 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Allstate, depending on the role and experience level.
What is the salary of a Software Engineer Level 1 in companies similar to Allstate in Hyderabad / Secunderabad?
The salary of a Software Engineer Level 1 at companies similar to Allstate in Hyderabad / Secunderabad varies, depending on the role, experience, and company size. Here are the typical salary ranges:

MAQ Software ₹5.0 Lakhs to ₹13.2 Lakhs per year
Carelon Global Solutions ₹6.5 Lakhs to ₹12.5 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 Software Engineer Level 1 at Allstate in Hyderabad / Secunderabad?
The salary growth for a Software Engineer Level 1 at Allstate in Hyderabad / Secunderabad depends on factors such as experience, performance, and promotions. On average, a Software Engineer Level 1 in Hyderabad / Secunderabad can expect the following growth trajectory at Allstate:

Experience Average Salary Range
2 years ₹7.5 Lakhs to ₹9.6 Lakhs per year
3 years ₹9.2 Lakhs to ₹10.0 Lakhs per year
4 years ₹10.0 Lakhs to ₹12.8 Lakhs per year
and so on.

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Allstate Software Engineer Level 1 salary in Hyderabad / Secunderabad ranges between ₹8.5 Lakhs to ₹10 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Allstate latest salaries received from various employees of Allstate.