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Bajaj Allianz Life Insurance System Engineer salaries in India (Updated 2025)

Annual salary range
0 - 3 years exp.
₹1.8 Lakh - ₹3.6 Lakhs
Salary of majority employees
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53% less than the average System Engineer Salary in Insurance Companies for 0 - 3 years of experience

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Salaries in different departments

Engineering - Hardware & Networks
System Engineer Salary
1 - 3 years exp. (8 salaries)
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₹1.9 L/yr - ₹3.6 L/yr

IT & Information Security
System Engineer Salary
2 years exp. (3 salaries)
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₹2.1 L/yr - ₹3.5 L/yr

Engineering - Software & QA
System Engineer Salary
1 - 2 years exp. (AmbitionBox Estimate)
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₹1.8 L/yr - ₹3.5 L/yr

Customer Success, Service & Operations
System Engineer Salary
Fresher (AmbitionBox Estimate)
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₹2 L/yr - ₹2.4 L/yr

Last Updated: 9 Feb 2025

Companies similar to Bajaj Allianz Life Insurance for System Engineer

Company name Avg Annual Salary Open Jobs
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₹3.5 L/yr - ₹11 L/yr

arrow icon 180% more
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₹1.2 L/yr - ₹2.6 L/yr

arrow icon 23% less
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Allstate System Engineer Salary

1 - 3 years exp. (4 salaries)

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₹3.2 L/yr - ₹6 L/yr

arrow icon 60% more
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₹8 L/yr - ₹18 L/yr

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₹3.5 L/yr - ₹6.8 L/yr

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AIG System Engineer Salary

1 - 8 years exp. (4 salaries)

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₹2.5 L/yr - ₹9.3 L/yr

arrow icon 118% more
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₹2 L/yr - ₹3.1 L/yr

arrow icon 11% less
System Engineer salary at Bajaj Allianz Life Insurance ranges between ₹1.8 Lakh to ₹3.6 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 16 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Latest annual salaries shared by Bajaj Allianz Life Insurance System Engineer

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Experience wise Bajaj Allianz Life Insurance System Engineer salaries

Last Updated: 9 Feb 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2 L/yr - ₹2.6 L/yr
1 year  (4 salaries)

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₹1.8 L/yr - ₹4.4 L/yr
2 years  (9 salaries)

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₹1.9 L/yr - ₹3.5 L/yr
3 years (AmbitionBox Estimate)

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₹2.6 L/yr - ₹3.3 L/yr

Similar Designation salaries in Bajaj Allianz Life Insurance

Senior Engineer Salary
(AmbitionBox Estimate)
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₹6.3 L/yr - ₹8 L/yr
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₹3.12 L/yr - ₹7.5 L/yr
Senior Developer Salary
(AmbitionBox Estimate)
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₹10.4 L/yr - ₹13.3 L/yr
Team Lead Salary
(46 salaries)
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₹1.8 L/yr - ₹7.25 L/yr
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₹6.7 L/yr - ₹8.8 L/yr
Java Developer Salary
(3 salaries)
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₹3 L/yr - ₹7.5 L/yr
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₹3 L/yr - ₹5.5 L/yr
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₹4 L/yr - ₹9.23 L/yr
Plsql Developer Salary
(20 salaries)
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₹3.5 L/yr - ₹9.5 L/yr
Technical Lead Salary
(3 salaries)
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₹11.1 L/yr - ₹13.1 L/yr

Salary related reviews for Bajaj Allianz Life Insurance

2.8

Rated by 7 employees for salary & benefits

Full Time

 · 

IT & Information Security Department

1.0
  •  posted on 05 Oct 2024

1.0
 for  Salary and Benefits

Likes

No any reason 👎

Dislikes

...gnity and respect, and it's our responsibility to speak out against such abuses." My working period is normal, Bu my year promotion is stuck, after revoke not increase my salary, after 3 months he was suggested per month salary increas next coming mong. by include people, mis-ber. ve with engineer, if you selected b, Hari. Naveen,, denied from job on immediately I think my 3 year lost in precision tech serve. Thank app for taking feedback on worker end, Thank to all, best wishes you for luck.

read more
  • Salary - Bad
  • +6 more

Engineering - Software & QA Department

5.0
  •  posted on 29 Dec 2020

5.0
 for  Salary and Benefits

Likes

... period. Seniors are very supportive and give proper guidance at any situations. Salary on time

read more
  • Salary - Excellent
  • +6 more

Dislikes

There is no dislikes for me about this compamany

Engineering - Software & QA Department

1.0
  •  posted on 24 May 2019

1.0
 for  Salary and Benefits

Likes

Few senior managers working since long are famous due to their notorious activities they eats the bonus and increments and portrait them as bad performer and humiliate them openly. everyone knows this but can't do anything because their contacts with upper management guys.

read more

Dislikes

Senior managers use slang and abused language for juniors openly.

  • Salary - Bad
  • +6 more

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 18 Mar 2025

5.0
 for  Salary and Benefits

Likes

In bajaj salary credit on time always.

  • Salary - Excellent

Dislikes

In Bajaj there is no upgrade in ur role and responsibilities and no one want to upgrade your. No extra skill learning activities done. As relevant work of ur role.

read more
  • Job security - Poor

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 17 Mar 2025

1.0
 for  Salary and Benefits

Likes

No comments

Dislikes

Not getting salary on time, bad Area manger, bad HR, Always getting negative reviews no matter how much efforts we are giving . No support from highers ups. Getting too much calls and VC even on holidays. Still didn't got experience letter.

read more
  • Salary - Bad
  • +6 more
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Bajaj Allianz Life Insurance System Engineer Salary FAQs

What is the salary of System Engineer at Bajaj Allianz Life Insurance ?
The average salary of a System Engineer at Bajaj Allianz Life Insurance in India typically ranges from ₹1.8 Lakhs to ₹3.6 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of System Engineer at Bajaj Allianz Life Insurance earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.6 Lakhs per year. System Engineer Salaries at Bajaj Allianz Life Insurance 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 10+ Bajaj Allianz Life Insurance employees in India.
What is the estimated take home salary of a System Engineer at Bajaj Allianz Life Insurance in India?
The estimated take-home salary of a System Engineer at Bajaj Allianz Life Insurance in India typically ranges from ₹18,662 to ₹20,345 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹3.6 Lakhs per year for employees with experience ranging from Fresher to 3 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 10+ salaries received from various employees of Bajaj Allianz Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Bajaj Allianz Life Insurance for System Engineer in India?
Principal Global Services ₹8.0 Lakhs to ₹18.0 Lakhs per year
First American Corporation ₹3.5 Lakhs to ₹11.0 Lakhs per year
AIG ₹2.5 Lakhs to ₹9.3 Lakhs per year
Star Health & Allied Insurance ₹3.5 Lakhs to ₹6.8 Lakhs per year
Allstate ₹3.2 Lakhs to ₹6.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Bajaj Allianz Life Insurance, depending on the role and experience level.
What is the salary of a System Engineer in companies similar to Bajaj Allianz Life Insurance in India?
The salary of a System Engineer at companies similar to Bajaj Allianz Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Lombard General Insurance Company ₹2.0 Lakhs to ₹3.1 Lakhs per year
Bajaj Allianz General Insurance ₹1.2 Lakhs to ₹2.6 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 System Engineer at Bajaj Allianz Life Insurance in India?
The salary growth for a System Engineer at Bajaj Allianz Life Insurance depends on factors such as experience, performance, and promotions. On average, a System Engineer can expect the following growth trajectory at Bajaj Allianz Life Insurance:

Experience Average Salary Range
Fresher ₹2.0 Lakhs to ₹2.6 Lakhs per year
1 year ₹1.8 Lakhs to ₹4.4 Lakhs per year
2 years ₹1.9 Lakhs to ₹3.5 Lakhs per year
3 years ₹2.6 Lakhs to ₹3.3 Lakhs per year
and so on.

Tell us how to improve this page.

Bajaj Allianz Life Insurance System Engineer salary in India ranges between ₹1.8 Lakh to ₹3.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 16 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.