Swiss Re Engineering Manager Salaries by 4 Employees (Updated 2024)

16 - 20 years exp.

₹35 Lakhs - ₹68 Lakhs

Low Confidence

Salary of majority employees

24% more than the average Engineering Manager Salary in Insurance Companies for 16 - 20 years of experience

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Salaries in different departments

Engineering - Software & QA Engineering Manager Salary 16 - 17 years exp. (AmbitionBox Estimate)	₹35.1 L/yr - ₹42.9 L/yr
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Project & Program Management Engineering Manager Salary 17 years exp. (AmbitionBox Estimate)	₹64.6 L/yr - ₹71.4 L/yr

Last Updated: 20 Dec 2024

Companies similar to Swiss Re for Engineering Manager

Company name	Avg Annual Salary	Open Jobs
Medi Assist India Engineering Manager Salary 7 - 11 years exp. (7 salaries)	₹30 L/yr - ₹80 L/yr 17% more	1 job opening
Star Health & Allied Insurance Engineering Manager Salary 11 - 13 years exp. (6 salaries)	₹40 L/yr - ₹55 L/yr 2% more	1 job opening
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Principal Global Services Engineering Manager Salary 15 - 18 years exp. (4 salaries)	₹35 L/yr - ₹44 L/yr 14% less
Cholamandalam MS General Insurance Engineering Manager Salary 18 - 21 years exp. (3 salaries)	₹28 L/yr - ₹40 L/yr 37% less
Larsen & Toubro Limited Engineering Manager Salary 9 - 18 years exp. (267 salaries)	₹9 L/yr - ₹32 L/yr 57% less

Engineering Manager salary at Swiss Re ranges between ₹35 Lakhs to ₹68 Lakhs per year for employees with experience between 16 years to 20 years. Salary estimates are based on 4 latest salaries received from various employees of Swiss Re.

Experience wise Swiss Re Engineering Manager salaries

Last Updated: 20 Dec 2024

Experience	Avg Annual Salary
15+ years (4 salaries)	₹35 L/yr - ₹68 L/yr
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Similar Designation salaries in Swiss Re

Senior Engineering Manager Salary

(AmbitionBox Estimate)

₹57 L/yr - ₹63 L/yr

Delivery Manager Salary

(AmbitionBox Estimate)

₹39.2 L/yr - ₹50 L/yr

Product Manager Salary

(AmbitionBox Estimate)

₹31.5 L/yr - ₹40.3 L/yr

Senior Project Manager Salary

(AmbitionBox Estimate)

₹22.5 L/yr - ₹28.7 L/yr

Scrum Master Salary

(6 salaries)

₹20 L/yr - ₹26.4 L/yr

Software Engineer Salary

(5 salaries)

₹12 L/yr - ₹14.6 L/yr

Technical Lead Salary

(3 salaries)

₹41 L/yr - ₹50 L/yr

Senior Consultant Salary

(6 salaries)

₹12 L/yr - ₹22.48 L/yr

Director Engineering Salary

(3 salaries)

₹100 L/yr - ₹170 L/yr

Technical Architect Salary

(3 salaries)

₹63 L/yr - ₹90 L/yr

Salary related reviews for Swiss Re

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

Dislikes

Pay scale could be better

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)

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)

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.

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

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.

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

Dislikes

No long term opportunities

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Swiss Re Engineering Manager Salary FAQs

What is the salary of Engineering Manager at Swiss Re?

Engineering Manager salary at Swiss Re in India ranges between ₹35.0 Lakhs to ₹68.0 Lakhs for experience between 16 years to 20 years. According to our estimates it is 24% more than the average Engineering Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Swiss Re India.

How does the salary of a Engineering Manager at Swiss Re India compare with the average salary range for this job?

The average salary of a Engineering Manager at Swiss Re is 24% more than the average salary of a Engineering Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Swiss Re to a Engineering Manager in India?

Medi Assist India Engineering Manager Salary - ₹30.0 Lakhs to ₹80.0 Lakhs per year
Star Health & Allied Insurance Engineering Manager Salary - ₹40.0 Lakhs to ₹55.0 Lakhs per year

What is the salary of a Engineering Manager in companies similar to Swiss Re in India?

Principal Global Services Engineering Manager Salary - ₹35.0 Lakhs to ₹44.0 Lakhs per year
Cholamandalam MS General Insurance Engineering Manager Salary - ₹28.0 Lakhs to ₹40.0 Lakhs per year
Larsen & Toubro Limited Engineering Manager Salary - ₹9.0 Lakhs to ₹32.0 Lakhs per year

What is the estimated take home salary of a Engineering Manager at Swiss Re in India?

The estimated take-home salary of a Engineering Manager at Swiss Re ranges between ₹2,66,376 per month to ₹2,77,283 per month in India. The take-home salary calculation is based on the average Swiss Re Engineering Manager salary in India which ranges between ₹35.0 Lakhs to ₹68.0 Lakhs per year for employees with experience between 16 years to 20 years. Check how did we calculate take home salary?

What is the notice period for Engineering Manager at Swiss Re?

According to AmbitionBox, 100% of the Swiss Re Engineering Managers reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Swiss Re Engineering Manager Salaries

Swiss Re Engineering Manager salary in India ranges between ₹35 Lakhs to ₹68 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Swiss Re latest salaries received from various employees of Swiss Re.