Sun Life Financial Software Engineer Salaries by 10+ Employees (Updated 2025)

0 - 5 years exp.

₹5 Lakhs - ₹13.4 Lakhs

Salary of majority employees

At par with the average Software Engineer Salary in Financial Services Companies for 0 - 5 years of experience

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Last Updated: 11 Feb 2025

Companies similar to Sun Life Financial for Software Engineer

Company name	Avg Annual Salary	Open Jobs
HDFC Life Software Engineer Salary 1 - 8 years exp. (35 salaries)	₹6.5 L/yr - ₹21.5 L/yr 47% more
ICICI Prudential Life Insurance Software Engineer Salary 1 - 3 years exp. (11 salaries)	₹2 L/yr - ₹8.2 L/yr 37% less
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SBI Life Insurance Company Software Engineer Salary 2 - 5 years exp. (5 salaries)	₹3.5 L/yr - ₹7 L/yr 33% less
Max Life Insurance Software Engineer Salary 0 - 8 years exp. (13 salaries)	₹4.6 L/yr - ₹15 L/yr 28% more
Bajaj Allianz Life Insurance Software Engineer Salary 0 - 5 years exp. (35 salaries)	₹3.1 L/yr - ₹7.5 L/yr 47% less
Reliance Nippon Life Insurance Software Engineer Salary 1 - 3 years exp. (7 salaries)	₹1 L/yr - ₹3.2 L/yr 64% less
Kotak Mahindara Life Insurance Software Engineer Salary 0 - 3 years exp. (3 salaries)	₹4 L/yr - ₹15 L/yr 24% more
Aditya Birla Sun Life Insurance Software Engineer Salary 1 - 5 years exp. (4 salaries)	₹2 L/yr - ₹16 L/yr 27% less
PNB MetLife Software Engineer Salary 3 - 12 years exp. (4 salaries)	₹4.8 L/yr - ₹14 L/yr 11% more
Tata AIA Life Insurance Software Engineer Salary 0 - 4 years exp. (7 salaries)	₹4.2 L/yr - ₹8 L/yr 26% less
JPMorgan Chase & Co. Software Engineer Salary 0 - 13 years exp. (2.5k salaries)	₹11 L/yr - ₹35 L/yr 195% more	9 job openings
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Wells Fargo Software Engineer Salary 1 - 10 years exp. (1.6k salaries)	₹7.4 L/yr - ₹31 L/yr 118% more	2 job openings
Fidelity Investments Software Engineer Salary 1 - 7 years exp. (902 salaries)	₹7 L/yr - ₹22 L/yr 82% more
UBS Software Engineer Salary 1 - 8 years exp. (332 salaries)	₹8 L/yr - ₹29.9 L/yr 119% more	2 job openings
Morningstar Software Engineer Salary 1 - 6 years exp. (311 salaries)	₹6.5 L/yr - ₹17 L/yr 37% more	6 job openings
BNP Paribas Software Engineer Salary 1 - 5 years exp. (296 salaries)	₹4 L/yr - ₹14 L/yr 5% more
FactSet Software Engineer Salary 1 - 7 years exp. (246 salaries)	₹6.7 L/yr - ₹25 L/yr 91% more	3 job openings
Citicorp Software Engineer Salary 1 - 10 years exp. (236 salaries)	₹10 L/yr - ₹36 L/yr 153% more
American Express Software Engineer Salary 1 - 8 years exp. (186 salaries)	₹10.1 L/yr - ₹41.6 L/yr 191% more
Morgan Stanley Software Engineer Salary 1 - 6 years exp. (187 salaries)	₹8.2 L/yr - ₹34.7 L/yr 131% more

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Software Engineer salary at Sun Life Financial ranges between ₹5 Lakhs to ₹13.4 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 14 latest salaries received from various employees of Sun Life Financial.

Experience wise Sun Life Financial Software Engineer salaries

Last Updated: 11 Feb 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹8.3 L/yr - ₹14.9 L/yr
1 year (4 salaries)	₹5 L/yr - ₹15 L/yr
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2 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹9.7 L/yr
3 years (5 salaries)	₹5.8 L/yr - ₹13.4 L/yr
4 years (AmbitionBox Estimate)	₹6 L/yr - ₹12 L/yr
5 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹15.4 L/yr

View all

Similar Designation salaries in Sun Life Financial

Lead Software Engineer Salary

(AmbitionBox Estimate)

₹31.5 L/yr - ₹40.3 L/yr

Senior Engineer Salary

(4 salaries)

₹6 L/yr - ₹22.4 L/yr

System Engineer Salary

(AmbitionBox Estimate)

₹9.9 L/yr - ₹12.6 L/yr

Senior Software Engineer Salary

(12 salaries)

₹7.5 L/yr - ₹30 L/yr

Lead Engineer Salary

(AmbitionBox Estimate)

₹22.5 L/yr - ₹28.7 L/yr

Software Developer Salary

(23 salaries)

₹6.6 L/yr - ₹17 L/yr

Associate Software Engineer Salary

(3 salaries)

₹4.5 L/yr - ₹8.5 L/yr

Software Development Engineer Salary

(AmbitionBox Estimate)

₹9.4 L/yr - ₹12 L/yr

Senior Developer Salary

(5 salaries)

₹17.3 L/yr - ₹24 L/yr

Salesforce Developer Salary

(4 salaries)

₹8.9 L/yr - ₹25 L/yr

Salary related reviews for Sun Life Financial

3.0

Rated by 2 employees for salary & benefits

Software Developer in Gurgaon / Gurugram

Full Time

Data Science & Analytics Department

1.0

• posted on 17 Nov 2024

1.0

for Salary and Benefits

Likes

Additional benefits like free meal and insurance. But it goona be stop soon

Dislikes

... good for high aspiration people. If you looking government job . Then its good. No good salary hike after join

Salary - Bad

+4 more

Analyst Developer in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

2.0

• posted on 04 Dec 2024

2.0

for Salary and Benefits

Likes

1. Work is good if you are working in can it.

Job security - Good

Dislikes

...not good at every department 2. Extremely bias during quarterly appreciation 3. Competitive salary but still low compared to other product companies. 4. Most of the stuff is already developed by third party vendors currently we are working on supporting & doing enhancements. 5. Hrs & manager will pressure you to work from office atleast 2 days.

Salary - Poor

+4 more

Associate in Gurgaon / Gurugram

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 08 Mar 2023

3.0

for Salary and Benefits

Likes

...but that company never impacted their employees despite supported in monetary, Didn’t reduced salary at all One of the finest company I have ever seen and lucky that I m part of it More than 7 years and it’s all Sun Life fault😊

Skill development - Good

+4 more

Dislikes

Wish if company focus on more pay scale and annual appraisal Rather giving 7-9 make 10 as default upon that person performance Looking at the inflation and cost of living

Development Specialist in Gurgaon / Gurugram

Full Time

Engineering - Software & QA Department

4.0

• posted on 15 Oct 2021

4.0

for Salary and Benefits

Likes

...pen door policy you can have 1:1 with the directors and management frequently. Appraisals are mostly fair and eligible candidates can get upto 2-3 hikes and Salary corections within a financial year. Bonus are good and can easily go beyond 100% if you perform good enough. Only con is working shift and lots of calls from onshore counter parts and the timezone differences.

Salary - Good

+6 more

Dislikes

Little slow paced company because of its mammoth size. Working Shifts would go till 10 PM for IT team due to timezone mapping but there would be no micro management. Lots of vacancies for Technical architects and Engineering Managers and company is finding it hard to get them onboard.

Senior Process Associate in Gurgaon / Gurugram

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 12 Apr 2022

2.0

for Salary and Benefits

Likes

Good for IT and management employees. You don't want to be associated with US operations department. Management will not support you.

Job security - Excellent

+2 more

Dislikes

HR, they are getting better salary for minimum work. Once you submit resignation, you will not be able to find or contact them.

Salary - Poor

see more salary related reviews

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Sun Life Financial Software Engineer Salary FAQs

What is the salary of Software Engineer at Sun Life Financial?

Software Engineer salary at Sun Life Financial in India ranges between ₹5.0 Lakhs to ₹13.4 Lakhs for less than 1 year of experience to 5 years. According to our estimates it is 2% more than the average Software Engineer Salary in India. Salary estimates are based on 14 latest salaries received from various employees of Sun Life Financial India.

How does the salary of a Software Engineer at Sun Life Financial India compare with the average salary range for this job?

The average salary of a Software Engineer at Sun Life Financial is 2% more than the average salary of a Software Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Sun Life Financial to a Software Engineer in India?

JPMorgan Chase & Co. Software Engineer Salary - ₹11.0 Lakhs to ₹35.0 Lakhs per year
American Express Software Engineer Salary - ₹10.1 Lakhs to ₹41.6 Lakhs per year
Citicorp Software Engineer Salary - ₹10.0 Lakhs to ₹36.0 Lakhs per year
Morgan Stanley Software Engineer Salary - ₹8.2 Lakhs to ₹34.7 Lakhs per year
UBS Software Engineer Salary - ₹8.0 Lakhs to ₹29.9 Lakhs per year

What is the salary of a Software Engineer in companies similar to Sun Life Financial in India?

Wells Fargo Software Engineer Salary - ₹7.4 Lakhs to ₹31.0 Lakhs per year
FactSet Software Engineer Salary - ₹6.7 Lakhs to ₹25.0 Lakhs per year
Northern Trust Operating Services Software Engineer Salary - ₹9.6 Lakhs to ₹25.0 Lakhs per year
Fidelity Investments Software Engineer Salary - ₹7.0 Lakhs to ₹22.0 Lakhs per year
Apex Group Software Engineer Salary - ₹14.7 Lakhs to ₹16.0 Lakhs per year

What is the estimated take home salary of a Software Engineer at Sun Life Financial in India?

The estimated take-home salary of a Software Engineer at Sun Life Financial ranges between ₹61,864 per month to ₹63,434 per month in India. The take-home salary calculation is based on the average Sun Life Financial Software Engineer salary in India which ranges between ₹5.0 Lakhs to ₹13.4 Lakhs per year for employees with less than 1 year of experience to 5 years. Check how did we calculate take home salary?

What is the notice period for Software Engineer at Sun Life Financial?

According to AmbitionBox, 62% of the Sun Life Financial Software Engineers reported a notice period of 2 Months, 23% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 13 responses on AmbitionBox in last 2 years.

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Sun Life Financial Software Engineer Salaries

Sun Life Financial Software Engineer salary in India ranges between ₹5 Lakhs to ₹13.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 Sun Life Financial latest salaries received from various employees of Sun Life Financial.