Iffco Tokio General Insurance Co. Software Developer Salaries by 8 Employees (Updated 2025)

1 - 5 years exp.

₹7.5 Lakhs - ₹14 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

38% more than the average Software Developer Salary in Insurance Companies for 1 - 5 years of experience

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Last Updated: 17 Feb 2025

Companies similar to Iffco Tokio General Insurance Co. for Software Developer

Company name	Avg Annual Salary	Open Jobs
Principal Global Services Software Developer Salary 1 - 5 years exp. (90 salaries)	₹7.5 L/yr - ₹13.4 L/yr 3% more
Allstate Software Developer Salary 1 - 7 years exp. (80 salaries)	₹5.4 L/yr - ₹22 L/yr 9% more
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First American Corporation Software Developer Salary 1 - 7 years exp. (70 salaries)	₹4.7 L/yr - ₹13 L/yr 37% less
ICICI Lombard General Insurance Company Software Developer Salary 0 - 4 years exp. (50 salaries)	₹3.5 L/yr - ₹12.2 L/yr 31% less
MDIndia Health Insurance TPA Software Developer Salary 1 - 4 years exp. (28 salaries)	₹1.8 L/yr - ₹4.1 L/yr 73% less	1 job opening
Reliance General Insurance Software Developer Salary 0 - 9 years exp. (24 salaries)	₹3.5 L/yr - ₹12.2 L/yr 34% less
Gallagher Software Developer Salary 2 years exp. (33 salaries)	₹14 L/yr - ₹22 L/yr 30% more
Guardian India Software Developer Salary 1 - 5 years exp. (22 salaries)	₹3 L/yr - ₹10.8 L/yr 44% less
Star Health & Allied Insurance Software Developer Salary 1 - 10 years exp. (19 salaries)	₹7.3 L/yr - ₹28.3 L/yr 41% more
Tata AIG Software Developer Salary 0 - 3 years exp. (18 salaries)	₹5.5 L/yr - ₹19 L/yr At par
Bajaj Allianz Life Insurance Software Developer Salary 2 - 5 years exp. (15 salaries)	₹4 L/yr - ₹9.2 L/yr 39% less
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HDFC Life Software Developer Salary 2 - 7 years exp. (13 salaries)	₹4.3 L/yr - ₹15.2 L/yr 14% less
SBI Life Insurance Company Software Developer Salary 0 - 4 years exp. (11 salaries)	₹2.4 L/yr - ₹6 L/yr 53% less
MetLife Software Developer Salary 2 - 5 years exp. (16 salaries)	₹6.2 L/yr - ₹24.2 L/yr 26% more
ICICI Prudential Life Insurance Software Developer Salary 2 - 6 years exp. (7 salaries)	₹2.5 L/yr - ₹8 L/yr 42% less
Tata AIA Life Insurance Software Developer Salary 3 - 5 years exp. (7 salaries)	₹5.6 L/yr - ₹13.1 L/yr 9% less
Aditya Birla Health Insurance Co Software Developer Salary 3 - 7 years exp. (7 salaries)	₹4.6 L/yr - ₹12 L/yr 18% less
Allianz Services Software Developer Salary 2 - 4 years exp. (7 salaries)	₹3.1 L/yr - ₹6.5 L/yr 58% less
Canara HSBC Life Insurance Software Developer Salary 1 - 5 years exp. (6 salaries)	₹5 L/yr - ₹10 L/yr 25% less
AXA Software Developer Salary 2 - 6 years exp. (6 salaries)	₹5 L/yr - ₹9.1 L/yr 30% less

View all

Software Developer salary at Iffco Tokio General Insurance Co. ranges between ₹7.5 Lakhs to ₹14 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 8 latest salaries received from various employees of Iffco Tokio General Insurance Co..

Experience wise Iffco Tokio General Insurance Co. Software Developer salaries

Last Updated: 17 Feb 2025

Experience	Avg Annual Salary
1 year (4 salaries)	₹7.5 L/yr - ₹12 L/yr
2 years (AmbitionBox Estimate)	₹10.1 L/yr - ₹13.3 L/yr
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3 years (AmbitionBox Estimate)	₹10.5 L/yr - ₹13.4 L/yr
4 years (AmbitionBox Estimate)	₹10.9 L/yr - ₹14 L/yr
5 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹14 L/yr

Similar Designation salaries in Iffco Tokio General Insurance Co.

Senior Developer Salary

(AmbitionBox Estimate)

₹11.7 L/yr - ₹15 L/yr

Java Developer Salary

(AmbitionBox Estimate)

₹7.6 L/yr - ₹9.7 L/yr

Senior Software Developer Salary

(5 salaries)

₹4.83 L/yr - ₹17.2 L/yr

Software Engineer Salary

(9 salaries)

₹8 L/yr - ₹12.05 L/yr

Software Development Engineer Salary

(4 salaries)

₹6.75 L/yr - ₹9 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹1.3 L/yr - ₹1.6 L/yr

System Engineer Salary

(8 salaries)

₹1.35 L/yr - ₹2.05 L/yr

Senior Software Engineer Salary

(3 salaries)

₹10 L/yr - ₹16 L/yr

Team Lead Salary

(3 salaries)

₹3.2 L/yr - ₹4 L/yr

Senior Associate Salary

(4 salaries)

₹2.2 L/yr - ₹3.7 L/yr

Salary related reviews for Iffco Tokio General Insurance Co.

2.0

Rated by 1 employees for salary & benefits

Consultant in Bangalore / Bengaluru

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 23 Feb 2022

5.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

Nothing

Senior Officer in Chandigarh

Full Time

Sales & Business Development Department

5.0

• posted on 05 May 2021

5.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent. Company policies are good appraisals and fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

Career growth is slow

District Manager in Shahdol

Full Time

Insurance Department

5.0

• posted on 22 Apr 2021

5.0

for Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive and the management is transparent. Company policies are good, appraisals are fair and they give good salary hike every year.

Salary - Excellent

+6 more

Dislikes

Salary is Good But Career Growth is Slow...

Senior Executive in Gurgaon / Gurugram

Finance & Accounting Department

1.0

• posted on 25 Apr 2021

1.0

for Salary and Benefits

Likes

Work culture is pathetic because management require 7 days a week working with no extra pay on week end holidays while company claims 5 days in a week work culture. Company require from employee to present in time in the morning which is good but no evening off timing and there is no extra payment for same but if you come late in the morning your salary will be deducted if employee crosses 1 hour buffer time in a month.

Job security - Good

Dislikes

Salary - Bad
Skill development - Bad

+4 more

Operations Executive in Mumbai

Customer Success, Service & Operations Department

4.0

• posted on 22 May 2021

1.0

for Salary and Benefits

Likes

...blem but if you are on third party payroll then you can never come on payroll... No benifits offer to third party payroll and salary is also not satisfactory....

Work-life balance - Good

Dislikes

Salary - Bad
Skill development - Bad

+2 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Iffco Tokio General Insurance Co. Software Developer Salary FAQs

What is the salary of Software Developer at Iffco Tokio General Insurance Co. ?

The average salary of a Software Developer at Iffco Tokio General Insurance Co. in India typically ranges from ₹7.5 Lakhs to ₹14.0 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Software Developer at Iffco Tokio General Insurance Co. earn more than ₹14.0 Lakhs per year, and the top 1% earn over ₹14.0 Lakhs per year. Software Developer Salaries at Iffco Tokio General Insurance Co. 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 Iffco Tokio General Insurance Co. employees in India.

What is the estimated take home salary of a Software Developer at Iffco Tokio General Insurance Co. in India?

The estimated take-home salary of a Software Developer at Iffco Tokio General Insurance Co. in India typically ranges from ₹82,966 to ₹85,132 per month. This is based on the average salary range of ₹7.5 Lakhs to ₹14.0 Lakhs per year for employees with experience ranging from 1 year to 5 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 Iffco Tokio General Insurance Co.. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Iffco Tokio General Insurance Co. for Software Developer in India?

Star Health & Allied Insurance	₹7.3 Lakhs to ₹28.3 Lakhs per year
Gallagher	₹14.0 Lakhs to ₹22.0 Lakhs per year
MetLife	₹6.2 Lakhs to ₹24.2 Lakhs per year
Allstate	₹5.4 Lakhs to ₹22.0 Lakhs per year
Principal Global Services	₹7.5 Lakhs to ₹13.4 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Iffco Tokio General Insurance Co., depending on the role and experience level.

What is the salary of a Software Developer in companies similar to Iffco Tokio General Insurance Co. in India?

The salary of a Software Developer at companies similar to Iffco Tokio General Insurance Co. in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Tata AIG	₹5.5 Lakhs to ₹19.0 Lakhs per year
First American Title	₹6.0 Lakhs to ₹14.5 Lakhs per year
Tata AIA Life Insurance	₹5.6 Lakhs to ₹13.1 Lakhs per year
HDFC Life	₹4.3 Lakhs to ₹15.2 Lakhs per year
Aditya Birla Health Insurance Co	₹4.6 Lakhs to ₹12.0 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 Software Developer at Iffco Tokio General Insurance Co. in India?

The salary growth for a Software Developer at Iffco Tokio General Insurance Co. depends on factors such as experience, performance, and promotions. On average, a Software Developer can expect the following growth trajectory at Iffco Tokio General Insurance Co.:

Experience	Average Salary Range
1 year	₹7.5 Lakhs to ₹12.0 Lakhs per year
2 years	₹10.1 Lakhs to ₹13.3 Lakhs per year
3 years	₹10.5 Lakhs to ₹13.4 Lakhs per year
4 years	₹10.9 Lakhs to ₹14.0 Lakhs per year

and so on.

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Iffco Tokio General Insurance Co. Software Developer Salaries

Iffco Tokio General Insurance Co. Software Developer salary in India ranges between ₹7.5 Lakhs to ₹14 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Iffco Tokio General Insurance Co. latest salaries received from various employees of Iffco Tokio General Insurance Co..