Beacon Insurance Brokers Risk Engineer Salaries by 4 Employees (Updated 2024)

1 - 3 years exp.

₹2.9 Lakhs - ₹6.2 Lakhs

Salary of majority employees

50% less than the average Risk Engineer Salary in Insurance Companies for 1 - 3 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Risk Engineer Salary 1 - 3 years exp. (3 salaries)	₹2.9 L/yr - ₹5.5 L/yr
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Risk Management & Compliance Risk Engineer Salary 2 years exp. (AmbitionBox Estimate)	₹5.6 L/yr - ₹6.8 L/yr

Last Updated: 19 Aug 2024

Companies similar to Beacon Insurance Brokers for Risk Engineer

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz General Insurance Risk Engineer Salary 2 - 7 years exp. (3 salaries)	₹3.1 L/yr - ₹4.4 L/yr 16% less
ICICI Lombard General Insurance Company Risk Engineer Salary 4 - 10 years exp. (7 salaries)	₹7.5 L/yr - ₹17.1 L/yr 173% more
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Reliance General Insurance Risk Engineer Salary 1 - 7 years exp. (3 salaries)	₹6.5 L/yr - ₹7 L/yr 51% more
Tata AIG Risk Engineer Salary 0 - 1 year exp. (9 salaries)	₹5.8 L/yr - ₹11.7 L/yr 114% more
Accenture Risk Engineer Salary 1 - 8 years exp. (19 salaries)	₹5.8 L/yr - ₹15 L/yr 91% more

Risk Engineer salary at Beacon Insurance Brokers ranges between ₹2.9 Lakhs to ₹6.2 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 4 latest salaries received from various employees of Beacon Insurance Brokers.

Experience wise Beacon Insurance Brokers Risk Engineer salaries

Last Updated: 19 Aug 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹5 L/yr - ₹6.3 L/yr
2 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
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3 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr

Similar Designation salaries in Beacon Insurance Brokers

Underwriter Salary

(3 salaries)

₹3.8 L/yr - ₹6.7 L/yr

Chief Manager Salary

(3 salaries)

₹10 L/yr - ₹14 L/yr

Deputy Manager Salary

(11 salaries)

₹4.9 L/yr - ₹7.8 L/yr

Salary related reviews for Beacon Insurance Brokers

Asst.Marketing Manager in Mumbai

Sales & Marketing Department

1.0

• posted on 27 Mar 2021

1.0

for Salary and Benefits

Likes

...ut solutions for the problem. Weekly reviews help one to improve on the targets. And importance of salary justification required for the job.

Dislikes

Different different employment damakis

Assistant Manager in New Delhi

Full Time

Sales & Business Development Department

4.0

• posted on 13 Nov 2023

4.0

for Salary and Benefits

Likes

1. Superior work culture. 2. Great Support of Seniors. 3. Ethical Corporate Environment

Dislikes

1. Tough for freshers as it needs deep knowledge of G.I. Industry. 2. Lack of proper training for freshers. 3. Usual office politics.

Chief Manager in New Delhi

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 08 Dec 2022

5.0

for Salary and Benefits

Likes

I have never experienced this before.. Every aspect of the company is great, nice people, caring culture, give all knowledge and training sessions on regular basis.. Nice hikes, job satisfaction... In every aspect the company is great

Dislikes

Being in service industry have to be available 24x7

Assistant Manager in Vadodara

Full Time

Marketing & Communication Department

4.0

• posted on 29 Sep 2022

5.0

for Salary and Benefits

Likes

If you are desperate to grow your career in Insurance industry. Beacon is a best choice for you.

Dislikes

This is Target oriented job in Marketing. And it's too difficult to achieve it in current market conditions.

Deputy Manager in Ahmedabad

BFSI, Investments & Trading Department

5.0

• posted on 22 Apr 2021

4.0

for Salary and Benefits

Likes

Very Good Work Culture also a very good Learning Environment

Dislikes

There is no five day working culture and also working hours is 9 hours, for who live far from the office they haven't any family life, so, please think about it

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Top trending discussions

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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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Beacon Insurance Brokers Risk Engineer Salary FAQs

What is the salary of Risk Engineer at Beacon Insurance Brokers?

Risk Engineer salary at Beacon Insurance Brokers in India ranges between ₹2.9 Lakhs to ₹6.2 Lakhs for experience between 1 years to 3 years. According to our estimates it is 50% less than the average Risk Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Beacon Insurance Brokers India.

How does the salary of a Risk Engineer at Beacon Insurance Brokers India compare with the average salary range for this job?

The average salary of a Risk Engineer at Beacon Insurance Brokers is 50% less than the average salary of a Risk Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Beacon Insurance Brokers to a Risk Engineer in India?

ICICI Lombard General Insurance Company Risk Engineer Salary - ₹7.5 Lakhs to ₹17.1 Lakhs per year
Tata AIG Risk Engineer Salary - ₹5.8 Lakhs to ₹11.7 Lakhs per year
Accenture Risk Engineer Salary - ₹5.8 Lakhs to ₹15.0 Lakhs per year
Reliance General Insurance Risk Engineer Salary - ₹6.5 Lakhs to ₹7.0 Lakhs per year

What is the salary of a Risk Engineer in companies similar to Beacon Insurance Brokers in India?

Bajaj Allianz General Insurance Risk Engineer Salary - ₹3.1 Lakhs to ₹4.4 Lakhs per year

What is the estimated take home salary of a Risk Engineer at Beacon Insurance Brokers in India?

The estimated take-home salary of a Risk Engineer at Beacon Insurance Brokers ranges between ₹33,347 per month to ₹34,611 per month in India. The take-home salary calculation is based on the average Beacon Insurance Brokers Risk Engineer salary in India which ranges between ₹2.9 Lakhs to ₹6.2 Lakhs per year for employees with experience between 1 years to 3 years. Check how did we calculate take home salary?

What is the notice period for Risk Engineer at Beacon Insurance Brokers?

According to AmbitionBox, 100% of the Beacon Insurance Brokers Risk Engineers reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Beacon Insurance Brokers Risk Engineer Salaries

Beacon Insurance Brokers Risk Engineer salary in India ranges between ₹2.9 Lakhs to ₹6.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Beacon Insurance Brokers latest salaries received from various employees of Beacon Insurance Brokers.