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Principal Global Services Senior Software Engineer salaries in India (Updated 2025)

Annual salary range
3 - 8 years exp.
₹12.1 Lakhs - ₹23.1 Lakhs
Salary of majority employees
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23% more than the average Senior Software Engineer Salary in Insurance Companies for 3 - 8 years of experience

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Last Updated: 22 Mar 2025

Companies similar to Principal Global Services for Senior Software Engineer

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Axa XL Senior Software Engineer Salary

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₹37.1 L/yr - ₹40.1 L/yr

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₹16.5 L/yr - ₹23 L/yr

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Senior Software Engineer salary at Principal Global Services ranges between ₹12.1 Lakhs to ₹23.1 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 175 latest salaries received from various employees of Principal Global Services.

Latest annual salaries shared by Principal Global Services Senior Software Engineer

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Experience wise Principal Global Services Senior Software Engineer salaries

Last Updated: 22 Mar 2025

Experience Avg Annual Salary
3 years  (21 salaries)

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₹12.1 L/yr - ₹19.7 L/yr
4 years  (41 salaries)

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₹12.1 L/yr - ₹21.9 L/yr
5 years  (38 salaries)

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₹12.5 L/yr - ₹22.1 L/yr
6 years  (47 salaries)

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₹12.5 L/yr - ₹21.7 L/yr
7 years  (22 salaries)

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₹14 L/yr - ₹23.1 L/yr
View all
Principal Global Services Senior Software Engineer Salary and Career Growth

From

To

Senior Software Engineer

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3 - 8 years exp.

Lead Software Engineer

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6 - 10 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Principal Global Services

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Lead Engineer Salary
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₹8 L/yr - ₹18 L/yr
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₹11.6 L/yr - ₹18 L/yr
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₹7.5 L/yr - ₹13.44 L/yr

Top skills at Principal Global Services for Senior Software Engineer

Coding Debugging Automation Unit Testing Python Time Management SDLC Agile MS Office Cloud SQL Automation Testing REXX Scrum Github

Salary related reviews for Principal Global Services

3.8

Rated by 27 employees for salary & benefits

Full Time

 · 

Engineering - Software & QA Department

5.0
  •  posted on 02 May 2023

4.0
 for  Salary and Benefits

Likes

The leadership is extremely transparent about all the decisions being taken and the direction the company is going in. Everyone's thoughts and inputs are taken into consideration while planning for any new feature. There is little to no pressure for medium to high performing individuals. Through extensive mindset shift programmes, an engineering culture is being developed and inculcated in the company

read more
  • Salary - Good
  • +6 more

Dislikes

The compensation scale is not as competitive as the market. The company is a little too tolerant of poor performers and not enough remedial action is taken to even out a team

read more

Engineering - Software & QA Department

5.0
  •  posted on 18 Jun 2022

3.0
 for  Salary and Benefits

Likes

The work culture, work-life balance, company ethics and core values, non-salary perks (free transport, life & health insurance, gym, stock purchase plans) are great. This is an employee centric organization with focus on customer benefits. It's a good organization.

read more
  • Skill development - Good
  • +4 more

Dislikes

Average compensation for some roles 'might' be little less the industry. Promotions and growth 'might' be a little slower than the industry.

read more

Full Time

 · 

Production, Manufacturing & Engineering Department

2.0
  •  posted on 12 Feb 2025

2.0
 for  Salary and Benefits

Likes

Initial work culture of Principal was very good early management used to focus on employees growth , learning with. No micro-management but starting from what you are wearing to what are doing everything is monitored .

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Dislikes

No better salary hikes Micro-management Focus shifting towards cost cutting and being like service based company instead of product Not good for career growth Management will focus more on you wearing collared shirt with tucking instead of quality delivery

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  • Salary - Poor
  • +2 more

Engineering - Software & QA Department

5.0
  •  posted on 05 Apr 2022

4.0
 for  Salary and Benefits

Likes

Work life balance here is a blessing. You'll learn here only if you push yourself and take initiative and responsibility. There isn't much pressure as far as the deadine is concerned. If you are supposed to work on a new tech, considerable team is given for you to learn. All and all, the work is decent, but if you are looking for a challenging opportunity, then you might want to reconsider joining.

read more
  • Salary - Good
  • +5 more

Dislikes

Compensation is slightly less than what is given in the industry. A lot of work is based on pretty old technologies.

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Engineering - Software & QA Department

5.0
  •  posted on 17 Apr 2021

5.0
 for  Salary and Benefits

Likes

PGS is a place that gives you job security, good compensation, very good work culture, also opportunity to work in different projects using different technologies, if you are ready for it.

read more
  • Salary - Excellent
  • +6 more

Dislikes

The major work is on not so upcoming technologies, so some people might feel not so good about technology stack,

see more salary related reviews

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Principal Global Services Senior Software Engineer Salary FAQs

What is the salary of Senior Software Engineer at Principal Global Services ?
The average salary of a Senior Software Engineer at Principal Global Services in India typically ranges from ₹12.1 Lakhs to ₹23.1 Lakhs per year, depending on experience (from 3 years to 8 years).

The top 10% of Senior Software Engineer at Principal Global Services earn more than ₹20.1 Lakhs per year, and the top 1% earn over ₹22.4 Lakhs per year. Senior Software Engineer Salaries at Principal Global Services 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 100+ Principal Global Services employees in India.
What is the estimated take home salary of a Senior Software Engineer at Principal Global Services in India?
The estimated take-home salary of a Senior Software Engineer at Principal Global Services in India typically ranges from ₹1,27,455 to ₹1,31,704 per month. This is based on the average salary range of ₹12.1 Lakhs to ₹23.1 Lakhs per year for employees with experience ranging from 3 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 100+ salaries received from various employees of Principal Global Services. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Senior Software Engineer at Principal Global Services ?
To be a Senior Software Engineer at Principal Global Services in india, the key skills required include:

  • - Coding
  • - Debugging
  • - Automation
  • - Unit Testing
  • - Python

These skills are highly valued at Principal Global Services and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Principal Global Services for Senior Software Engineer in India?
Axa XL ₹37.1 Lakhs to ₹40.1 Lakhs per year
Swiss Re ₹16.0 Lakhs to ₹40.0 Lakhs per year
Family Health Plan ₹16.5 Lakhs to ₹23.0 Lakhs per year
Medi Assist India ₹8.4 Lakhs to ₹22.2 Lakhs per year

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

Chubb ₹9.3 Lakhs to ₹28.0 Lakhs per year
Aegon Life Insurance ₹13.0 Lakhs to ₹20.0 Lakhs per year
Guardian India ₹6.5 Lakhs to ₹22.0 Lakhs per year
MetLife ₹5.7 Lakhs to ₹15.6 Lakhs per year
Magma HDI General Insurance ₹7.0 Lakhs to ₹16.0 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 Principal Global Services in India?
The salary growth for a Senior Software Engineer at Principal Global Services depends on factors such as experience, performance, and promotions. On average, a Senior Software Engineer can expect the following growth trajectory at Principal Global Services:

Experience Average Salary Range
3 years ₹12.1 Lakhs to ₹19.7 Lakhs per year
4 years ₹12.1 Lakhs to ₹21.9 Lakhs per year
5 years ₹12.5 Lakhs to ₹22.1 Lakhs per year
6 years ₹12.5 Lakhs to ₹21.7 Lakhs per year
and so on.

Tell us how to improve this page.

Principal Global Services Senior Software Engineer salary in India ranges between ₹12.1 Lakhs to ₹23.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 175 Principal Global Services latest salaries received from various employees of Principal Global Services.