MDIndia Health Insurance TPA Senior Software Engineer Salaries by 9 Employees

5 - 8 years exp.

₹4.8 Lakhs - ₹8 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

58% less than the average Senior Software Engineer Salary in Insurance Companies for 5 - 8 years of experience

Interested in this particular role?

Last Updated: 4 Jun 2024

Companies similar to MDIndia Health Insurance TPA for Senior Software Engineer

Company name	Avg Annual Salary	Open Jobs
First American Corporation Senior Software Engineer Salary 4 - 8 years exp. (307 salaries)	₹8.8 L/yr - ₹25 L/yr 173% more	2 job openings
Principal Global Services Senior Software Engineer Salary 3 - 8 years exp. (177 salaries)	₹12.1 L/yr - ₹23.1 L/yr 190% more
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Allstate Senior Software Engineer Salary 4 - 9 years exp. (118 salaries)	₹8.8 L/yr - ₹27.1 L/yr 204% more	1 job opening
Guardian India Senior Software Engineer Salary 3 - 7 years exp. (81 salaries)	₹6.5 L/yr - ₹22 L/yr 141% more
Allianz Senior Software Engineer Salary 3 - 7 years exp. (53 salaries)	₹4.2 L/yr - ₹14 L/yr 32% more
Allianz Services Senior Software Engineer Salary 3 - 8 years exp. (32 salaries)	₹4.1 L/yr - ₹11.7 L/yr 34% more	1 job opening
Tata AIG Senior Software Engineer Salary 3 - 8 years exp. (30 salaries)	₹15 L/yr - ₹33 L/yr 259% more
MetLife Senior Software Engineer Salary 4 - 8 years exp. (26 salaries)	₹8.3 L/yr - ₹15.8 L/yr 109% more	1 job opening
ICICI Lombard General Insurance Company Senior Software Engineer Salary 0 - 10 years exp. (26 salaries)	₹5.6 L/yr - ₹18 L/yr 60% more
First American Title Senior Software Engineer Salary 4 - 8 years exp. (17 salaries)	₹10 L/yr - ₹18 L/yr 109% more
Star Health & Allied Insurance Senior Software Engineer Salary 2 - 8 years exp. (17 salaries)	₹9.5 L/yr - ₹31 L/yr 226% more
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Gallagher Senior Software Engineer Salary 4 - 10 years exp. (16 salaries)	₹5.8 L/yr - ₹16 L/yr 97% more	1 job opening
HDFC Life Senior Software Engineer Salary 1 - 12 years exp. (16 salaries)	₹13 L/yr - ₹24.5 L/yr 168% more
Bajaj Allianz Life Insurance Senior Software Engineer Salary 3 - 6 years exp. (9 salaries)	₹6.7 L/yr - ₹8.8 L/yr 18% more
Tata AIA Life Insurance Senior Software Engineer Salary 3 - 8 years exp. (8 salaries)	₹6.2 L/yr - ₹22 L/yr 96% more
Aditya Birla Health Insurance Co Senior Software Engineer Salary 2 - 5 years exp. (6 salaries)	₹5.5 L/yr - ₹11.8 L/yr 40% more
SBI Life Insurance Company Senior Software Engineer Salary 2 - 6 years exp. (6 salaries)	₹5 L/yr - ₹8 L/yr 8% less
ICICI Prudential Life Insurance Senior Software Engineer Salary 2 - 5 years exp. (4 salaries)	₹8.9 L/yr - ₹9 L/yr 35% more
Reliance General Insurance Senior Software Engineer Salary 7 - 10 years exp. (5 salaries)	₹7.2 L/yr - ₹12 L/yr 27% more
Reliance Nippon Life Insurance Senior Software Engineer Salary 3 - 6 years exp. (4 salaries)	₹8 L/yr - ₹13 L/yr 64% more

View all

Senior Software Engineer salary at MDIndia Health Insurance TPA ranges between ₹4.8 Lakhs to ₹8 Lakhs per year for employees with experience between 5 years to 8 years. Salary estimates are based on 9 latest salaries received from various employees of MDIndia Health Insurance TPA.

Latest annual salaries shared by MDIndia Health Insurance TPA Senior Software Engineer

7mo ago

₹8 Lakhs

6 years exp.

1y ago

₹8 Lakhs

5 years exp.

1y ago

₹4.8 Lakhs

8 years exp.

1y ago

₹4.8 Lakhs

6 years exp.

1y ago

₹7.4 Lakhs

6 years exp.

1y ago

5 years exp.

1y ago

7 years exp.

1y ago

6 years exp.

1y ago

5 years exp.

Experience wise MDIndia Health Insurance TPA Senior Software Engineer salaries

Last Updated: 4 Jun 2024

Experience	Avg Annual Salary
5 years (3 salaries)	₹6.5 L/yr - ₹8 L/yr
6 years (4 salaries)	₹4.8 L/yr - ₹8 L/yr
Login to view exact salary
7 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
8 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.6 L/yr

Similar Designation salaries in MDIndia Health Insurance TPA

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Senior Software Developer Salary

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₹5 L/yr - ₹6.3 L/yr

Software Engineer Salary

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Associate Software Engineer Salary

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₹6 L/yr - ₹7.7 L/yr

Senior Engineer Salary

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₹2.9 L/yr - ₹3.7 L/yr

System Engineer Salary

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₹2.2 L/yr - ₹2.8 L/yr

Software Developer Salary

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Senior Associate Salary

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₹1.68 L/yr - ₹3.45 L/yr

Senior Consultant Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Software Development Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Salary related reviews for MDIndia Health Insurance TPA

Team Lead in Bangalore Rural

Full Time

Other Department

1.0

• posted on 27 Mar 2023

1.0

for Salary and Benefits

Likes

This workplace is not meant for the person who is bread earner for the family as the pay is chiller pay which is not meant to satisfy One's daily needs.

Skill development - Excellent

+1 more

Dislikes

The managers are worse than animals especially at Bangalore PIMS Team. They are uncivilised, donkeys. Don't know who has appointed them as Managers. PIMS team managers at Bangalore Branch are of stone hearted idiots. That's why the team members have resigned including myself.

Salary - Bad

+4 more

Insurance Coordinator in Chennai

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 10 Nov 2023

3.0

for Salary and Benefits

Likes

I am not stress for working time so first likes MD India company. Then peoples are respect to me and more hope also to me. I likes more for this company.

Skill development - Good

+3 more

Dislikes

salary is a uncomfortable because you know our country all products cost also very high. Please increased our coordinator salary.This not only my problem all insurance coordinaor problems.

State Coordinator in Naharlagun

Full Time

Healthcare & Life Sciences Department

3.0

• posted on 21 Jun 2024

2.0

for Salary and Benefits

Likes

Great work environment and strong work ethic"

Dislikes

Salary structure, appraisal system, and increment policies do not adequately recognize or value the contributions of remote employees, especially in comparison to employees in metropolitan areas.

Salary - Poor

+1 more

Senior Accounts Executive in Pune

Full Time

Finance & Accounting Department

3.0

• posted on 07 Dec 2023

3.0

for Salary and Benefits

Likes

1. Co - operative staff 2. Flexible shift time 3. Week off on 2 sat 4. time to time payment 5. Canteen facility 6.healthy working culture 7. People take retirement from this company

Job security - Excellent

+3 more

Dislikes

1. Increment is not satisfactory 2. Salary is received less 3. Need to improve salary structure and promotional policy

Senior Executive in Pune

Full Time

Other Department

5.0

• posted on 21 Jun 2023

4.0

for Salary and Benefits

Likes

Work station Is Good. I have completed 5Years As medical billing and claim processing

Salary - Good

+5 more

Dislikes

Increment and promotion Are very poor. Joining salary is good but after that increment its very little approx 5%-10%.

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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MDIndia Health Insurance TPA Senior Software Engineer Salary FAQs

What is the salary of Senior Software Engineer at MDIndia Health Insurance TPA ?

The average salary of a Senior Software Engineer at MDIndia Health Insurance TPA in India typically ranges from ₹4.8 Lakhs to ₹8.0 Lakhs per year, depending on experience (from 5 years to 8 years).

The top 10% of Senior Software Engineer at MDIndia Health Insurance TPA earn more than ₹8.0 Lakhs per year, and the top 1% earn over ₹8.0 Lakhs per year. Senior Software Engineer Salaries at MDIndia Health Insurance TPA 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 9 MDIndia Health Insurance TPA employees in India.

What is the estimated take home salary of a Senior Software Engineer at MDIndia Health Insurance TPA in India?

The estimated take-home salary of a Senior Software Engineer at MDIndia Health Insurance TPA in India typically ranges from ₹50,515 to ₹51,707 per month. This is based on the average salary range of ₹4.8 Lakhs to ₹8.0 Lakhs per year for employees with experience ranging from 5 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 9 salaries received from various employees of MDIndia Health Insurance TPA. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than MDIndia Health Insurance TPA for Senior Software Engineer in India?

Tata AIG	₹15.0 Lakhs to ₹33.0 Lakhs per year
Star Health & Allied Insurance	₹9.5 Lakhs to ₹31.0 Lakhs per year
Allstate	₹8.8 Lakhs to ₹27.1 Lakhs per year
Principal Global Services	₹12.1 Lakhs to ₹23.1 Lakhs per year
Marsh	₹7.6 Lakhs to ₹33.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by MDIndia Health Insurance TPA, depending on the role and experience level.

What is the salary of a Senior Software Engineer in companies similar to MDIndia Health Insurance TPA in India?

The salary of a Senior Software Engineer at companies similar to MDIndia Health Insurance TPA in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

First American Corporation	₹8.8 Lakhs to ₹25.0 Lakhs per year
HDFC Life	₹13.0 Lakhs to ₹24.5 Lakhs per year
Guardian India	₹6.5 Lakhs to ₹22.0 Lakhs per year
MetLife	₹8.3 Lakhs to ₹15.8 Lakhs per year
First American Title	₹10.0 Lakhs to ₹18.0 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 Senior Software Engineer at MDIndia Health Insurance TPA in India?

The salary growth for a Senior Software Engineer at MDIndia Health Insurance TPA depends on factors such as experience, performance, and promotions. On average, a Senior Software Engineer can expect the following growth trajectory at MDIndia Health Insurance TPA:

Experience	Average Salary Range
5 years	₹6.5 Lakhs to ₹8.0 Lakhs per year
6 years	₹4.8 Lakhs to ₹8.0 Lakhs per year
7 years	₹5.7 Lakhs to ₹7.3 Lakhs per year
8 years	₹5.2 Lakhs to ₹6.6 Lakhs per year

and so on.

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MDIndia Health Insurance TPA Senior Software Engineer Salaries

MDIndia Health Insurance TPA Senior Software Engineer salary in India ranges between ₹4.8 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 MDIndia Health Insurance TPA latest salaries received from various employees of MDIndia Health Insurance TPA.