Swiss Re Associate Engineer Salaries by 4 Employees (Updated 2025)

1 - 2 years exp.

₹4.6 Lakhs - ₹15.7 Lakhs

Low Confidence

Salary of majority employees

Fixed (86%)

₹9.8 Lakhs

Variable (14%)

₹1.7 Lakh

109% more than the average Associate Engineer Salary in Insurance Companies for 1 - 2 years of experience

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Last Updated: 18 Feb 2025

Companies similar to Swiss Re for Associate Engineer

Company name	Avg Annual Salary	Open Jobs
HDFC Life Associate Engineer Salary 0 - 2 years exp. (5 salaries)	₹1.9 L/yr - ₹6.5 L/yr 70% less
SBI Life Insurance Company Associate Engineer Salary 0 - 2 years exp. (4 salaries)	₹2.7 L/yr - ₹6 L/yr 61% less
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Virtusa Consulting Services Associate Engineer Salary 0 - 4 years exp. (2.1k salaries)	₹2.3 L/yr - ₹6.5 L/yr 55% less
Cognizant Associate Engineer Salary 1 - 8 years exp. (1.2k salaries)	₹4.6 L/yr - ₹16.7 L/yr 8% less
L&T Technology Services Associate Engineer Salary 0 - 6 years exp. (1.2k salaries)	₹3 L/yr - ₹6 L/yr 63% less

Associate Engineer salary at Swiss Re ranges between ₹4.6 Lakhs to ₹15.7 Lakhs per year for employees with experience between 1 year to 2 years. Salary estimates are based on 4 latest salaries received from various employees of Swiss Re.

Experience wise Swiss Re Associate Engineer salaries

Last Updated: 18 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹12.9 L/yr - ₹16.5 L/yr
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2 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.8 L/yr

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Salary related reviews for Swiss Re

Team Lead in Bangalore / Bengaluru

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 12 Apr 2023

3.0

for Salary and Benefits

Likes

Nothing really

Company culture - Good

+1 more

Dislikes

Compensation way too less based on market standard. HRs are not communicative, Promotion chances are next to zero. Only if you can roam around top management then you have a chance of moving up.

Skill development - Poor

+3 more

Senior Analyst in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 18 Jul 2024

3.0

for Salary and Benefits

Likes

Swiss Re is a great place where you really get to expand your horizon as an Individual as well as a team player. They really care about their employees and this is reflected in rhe infra structure and other support they offer

Job security - Good

+3 more

Dislikes

Pay scale could be better

Promotions - Poor

Associate in Bangalore / Bengaluru

Full Time

Finance & Accounting Department

3.0

• posted on 18 Jun 2023

2.0

for Salary and Benefits

Likes

- Good work life balance - Decent work but it definitely depends on the team you are on - Good benefits/insurance - As of June 2023, they still have hybrid work mode (3 days office, 2 days wfh)

Skill development - Good

+3 more

Dislikes

- Low pay compared to competitors/industry standards - Experience is given more emphasis than merit - No free cab services/food (unless you work very odd hours)

Salary - Poor

+1 more

Assistant Vice President Finance in Bangalore / Bengaluru

Full Time

Finance & Accounting Department

1.0

• posted on 29 Jan 2023

1.0

for Salary and Benefits

Likes

Office is at good location

Dislikes

Management boost about low pay due to very good work life balance. But you never get that so called work life balance. There is so much traction in between teams and work culture is bad. Attraction is above 40% in finance and it put enormous pressure on existing resources with no forward looking career plan. Overall a bad organization to work with in terms of pay, work life balance, learning. One can join the organisation to see how simple things can be ruined.

Salary - Bad

+6 more

Director -Insurance IT in Bangalore Rural

Full Time

Project & Program Management Department

4.0

• posted on 15 Jan 2022

4.0

for Salary and Benefits

Likes

...like traditional IT companies where manager and above decides employee future. Best place to work with excellent package

Salary - Good

+6 more

Dislikes

No long term opportunities

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Swiss Re Associate Engineer Salary FAQs

What is the salary of Associate Engineer at Swiss Re ?

The average salary of a Associate Engineer at Swiss Re in India typically ranges from ₹4.6 Lakhs to ₹15.7 Lakhs per year, depending on experience (from 1 year to 2 years).

The top 10% of Associate Engineer at Swiss Re earn more than ₹15.7 Lakhs per year, and the top 1% earn over ₹15.7 Lakhs per year. Associate Engineer Salaries at Swiss Re 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 4 Swiss Re employees in India.

What is the estimated take home salary of a Associate Engineer at Swiss Re in India?

The estimated take-home salary of a Associate Engineer at Swiss Re in India typically ranges from ₹81,870 to ₹84,006 per month. This is based on the average salary range of ₹4.6 Lakhs to ₹15.7 Lakhs per year for employees with experience ranging from 1 year to 2 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 4 salaries received from various employees of Swiss Re. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Associate Engineer in companies similar to Swiss Re in India?

The salary of a Associate Engineer at companies similar to Swiss Re in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Cognizant	₹4.6 Lakhs to ₹16.7 Lakhs per year
Virtusa Consulting Services	₹2.3 Lakhs to ₹6.5 Lakhs per year
SBI Life Insurance Company	₹2.7 Lakhs to ₹6.0 Lakhs per year
L&T Technology Services	₹3.0 Lakhs to ₹6.0 Lakhs per year
HDFC Life	₹1.9 Lakhs to ₹6.5 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 Associate Engineer at Swiss Re in India?

The salary growth for a Associate Engineer at Swiss Re depends on factors such as experience, performance, and promotions. On average, a Associate Engineer can expect the following growth trajectory at Swiss Re:

Experience	Average Salary Range
1 year	₹12.9 Lakhs to ₹16.5 Lakhs per year
2 years	₹7.7 Lakhs to ₹9.8 Lakhs per year

and so on.

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Swiss Re Associate Engineer Salaries

Swiss Re Associate Engineer salary in India ranges between ₹4.6 Lakhs to ₹15.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Swiss Re latest salaries received from various employees of Swiss Re.