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

Annual salary range
1 - 5 years exp.
₹5.4 Lakhs - ₹15 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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53% more than the average Software Engineer Salary in Insurance Companies for 1 - 5 years of experience

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Salaries in different departments

Engineering - Software & QA
Software Engineer Salary
1 - 5 years exp. (278 salaries)
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₹7.5 L/yr - ₹15 L/yr

IT & Information Security
Software Engineer Salary
1 - 4 years exp. (12 salaries)
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₹8.5 L/yr - ₹13.5 L/yr

Last Updated: 4 Apr 2025

Companies similar to Principal Global Services for Software Engineer

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₹4 L/yr - ₹14.4 L/yr

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Allianz Software Engineer Salary

1 - 5 years exp. (30 salaries)

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₹3 L/yr - ₹10 L/yr

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MetLife Software Engineer Salary

1 - 8 years exp. (16 salaries)

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₹5 L/yr - ₹18 L/yr

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₹2.1 L/yr - ₹11.9 L/yr

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Allianz Services Software Engineer Salary

2 - 3 years exp. (10 salaries)

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₹3 L/yr - ₹4 L/yr

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₹7.6 L/yr - ₹25 L/yr

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₹3.1 L/yr - ₹7.5 L/yr

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Swiss Re Software Engineer Salary

0 - 3 years exp. (5 salaries)

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₹12 L/yr - ₹14.6 L/yr

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₹3.5 L/yr - ₹5.4 L/yr

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₹3 L/yr - ₹8 L/yr

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₹3.6 L/yr - ₹8.2 L/yr

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Family Health Plan Software Engineer Salary

2 - 4 years exp. (4 salaries)

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₹3 L/yr - ₹4.5 L/yr

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₹2 L/yr - ₹9.7 L/yr

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₹5 L/yr - ₹12 L/yr

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₹4.7 L/yr - ₹4.8 L/yr

arrow icon 64% less
Software Engineer salary at Principal Global Services ranges between ₹5.4 Lakhs to ₹15 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 321 latest salaries received from various employees of Principal Global Services.

Latest annual salaries shared by Principal Global Services Software Engineer

2d ago
₹12.8 Lakhs
3 years exp.
3d ago
₹15 Lakhs
4 years exp.
3d ago
₹12.5 Lakhs
2 years exp.
6d ago
₹11.8 Lakhs
3 years exp.
6d ago
₹13 Lakhs
3 years exp.
6d ago
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2 years exp.
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3 years exp.
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4 years exp.

Experience wise Principal Global Services Software Engineer salaries

Last Updated: 4 Apr 2025

Experience Avg Annual Salary
1 year  (50 salaries)

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₹7.6 L/yr - ₹14 L/yr
2 years  (111 salaries)

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₹5.4 L/yr - ₹14.5 L/yr
3 years  (92 salaries)

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₹8 L/yr - ₹15 L/yr
4 years  (51 salaries)

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₹8.5 L/yr - ₹15 L/yr
5 years  (17 salaries)

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₹10.3 L/yr - ₹15 L/yr
Principal Global Services Software Engineer Salary and Career Growth

From

To

Software Engineer

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1 - 5 years exp.

Lead Software Engineer

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6 - 10 years exp.

Software Engineer 1 - 5 years exp.
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arrow icon 47% hike
    Lead Software Engineer 6 - 10 years exp.
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    arrow icon 42% hike
    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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    ₹21.6 L/yr - ₹30.8 L/yr
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    ₹10.2 L/yr - ₹17 L/yr
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    ₹8 L/yr - ₹18 L/yr
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    ₹12.1 L/yr - ₹23.1 L/yr
    Lead Engineer Salary
    (21 salaries)
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    ₹25 L/yr - ₹32 L/yr
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    ₹7.5 L/yr - ₹13.44 L/yr
    Project Engineer Salary
    (AmbitionBox Estimate)
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    ₹15.6 L/yr - ₹19.9 L/yr
    unlock blur
    ₹6 L/yr - ₹8 L/yr
    Software Development Engineer Salary
    (AmbitionBox Estimate)
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    ₹7.4 L/yr - ₹9.4 L/yr
    unlock blur
    ₹11.6 L/yr - ₹18 L/yr

    Top skills at Principal Global Services for Software Engineer

    Coding Python Cloud AWS Testing Project Execution Application Testing SDLC Training Agile Db2 SQL Oracle Programming OOAD

    Salary related reviews for Principal Global Services

    3.6

    Rated by 48 employees for salary & benefits

    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.

    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 .

    read more

    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

    read more
    • Salary - Poor
    • +2 more

    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

    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 Software Engineer Salary FAQs

    What is the salary of Software Engineer at Principal Global Services ?
    The average salary of a Software Engineer at Principal Global Services in India typically ranges from ₹5.4 Lakhs to ₹15.0 Lakhs per year, depending on experience (from 1 year to 5 years).

    The top 10% of Software Engineer at Principal Global Services earn more than ₹14.0 Lakhs per year, and the top 1% earn over ₹15.0 Lakhs per year. 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 300+ Principal Global Services employees in India.
    What is the estimated take home salary of a Software Engineer at Principal Global Services in India?
    The estimated take-home salary of a Software Engineer at Principal Global Services in India typically ranges from ₹92,273 to ₹94,745 per month. This is based on the average salary range of ₹5.4 Lakhs to ₹15.0 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 300+ 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 Software Engineer at Principal Global Services ?
    To be a Software Engineer at Principal Global Services in india, the key skills required include:

    • - Coding
    • - Python
    • - Cloud
    • - AWS
    • - Testing

    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 Software Engineer in India?
    Magma HDI General Insurance ₹3.6 Lakhs to ₹20.0 Lakhs per year
    Cholamandalam MS General Insurance ₹7.6 Lakhs to ₹25.0 Lakhs per year
    Swiss Re ₹12.0 Lakhs to ₹14.6 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 Software Engineer in companies similar to Principal Global Services in India?
    The salary of a 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:

    MetLife ₹5.0 Lakhs to ₹18.0 Lakhs per year
    Chubb ₹6.0 Lakhs to ₹15.0 Lakhs per year
    Medi Assist India ₹4.0 Lakhs to ₹14.4 Lakhs per year
    Guardian India ₹4.1 Lakhs to ₹13.3 Lakhs per year
    Aviva Life Insurance India ₹5.0 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 Engineer at Principal Global Services in India?
    The salary growth for a Software Engineer at Principal Global Services depends on factors such as experience, performance, and promotions. On average, a Software Engineer can expect the following growth trajectory at Principal Global Services:

    Experience Average Salary Range
    1 year ₹7.6 Lakhs to ₹14.0 Lakhs per year
    2 years ₹5.4 Lakhs to ₹14.5 Lakhs per year
    3 years ₹8.0 Lakhs to ₹15.0 Lakhs per year
    4 years ₹8.5 Lakhs to ₹15.0 Lakhs per year
    and so on.

    Tell us how to improve this page.

    Principal Global Services Software Engineer salary in India ranges between ₹5.4 Lakhs to ₹15 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 321 Principal Global Services latest salaries received from various employees of Principal Global Services.