Beacon Insurance Brokers Risk Engineer Salaries by 4 Employees

1 - 3 years exp.

₹2.9 Lakhs - ₹6.2 Lakhs

Salary of majority employees

Fixed (89%)

₹4 Lakhs

Variable (11%)

₹0.5 Lakh

48% 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
Accenture Risk Engineer Salary 0 - 8 years exp. (22 salaries)	₹5.3 L/yr - ₹15 L/yr 91% more
Shriram General Insurance Risk Engineer Salary 3 - 10 years exp. (13 salaries)	₹3 L/yr - ₹7 L/yr 5% more
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Tata AIG Risk Engineer Salary 0 - 1 year exp. (9 salaries)	₹5.8 L/yr - ₹15 L/yr 94% more
ICICI Lombard General Insurance Company Risk Engineer Salary 4 - 10 years exp. (7 salaries)	₹7.5 L/yr - ₹17.1 L/yr 172% more
AIG Risk Engineer Salary 5 - 7 years exp. (6 salaries)	₹7.4 L/yr - ₹12 L/yr 118% 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

(4 salaries)

₹10.7 L/yr - ₹17 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

Salary - Bad

+6 more

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

Salary - Good

+4 more

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

Salary - Excellent

+6 more

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.

Salary - Excellent

+6 more

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

Salary - Good

+6 more

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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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Beacon Insurance Brokers Risk Engineer Salary FAQs

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

The average salary of a Risk Engineer at Beacon Insurance Brokers in India typically ranges from ₹2.9 Lakhs to ₹6.2 Lakhs per year, depending on experience (from 1 year to 3 years).

The top 10% of Risk Engineer at Beacon Insurance Brokers earn more than ₹6.2 Lakhs per year, and the top 1% earn over ₹6.2 Lakhs per year. Risk Engineer Salaries at Beacon Insurance Brokers 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 Beacon Insurance Brokers employees in India.

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 in India typically ranges from ₹33,347 to ₹34,611 per month. This is based on the average salary range of ₹2.9 Lakhs to ₹6.2 Lakhs per year for employees with experience ranging from 1 year to 3 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 Beacon Insurance Brokers. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Beacon Insurance Brokers for Risk Engineer in India?

ICICI Lombard General Insurance Company	₹7.5 Lakhs to ₹17.1 Lakhs per year
AIG	₹7.4 Lakhs to ₹12.0 Lakhs per year
Tata AIG	₹5.8 Lakhs to ₹15.0 Lakhs per year
Accenture	₹5.3 Lakhs to ₹15.0 Lakhs per year
Shriram General Insurance	₹3.0 Lakhs to ₹7.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Beacon Insurance Brokers, depending on the role and experience level.

How the salary growth look like for a Risk Engineer at Beacon Insurance Brokers in India?

The salary growth for a Risk Engineer at Beacon Insurance Brokers depends on factors such as experience, performance, and promotions. On average, a Risk Engineer can expect the following growth trajectory at Beacon Insurance Brokers:

Experience	Average Salary Range
1 year	₹5.0 Lakhs to ₹6.3 Lakhs per year
2 years	₹4.1 Lakhs to ₹5.2 Lakhs per year
3 years	₹3.0 Lakhs to ₹3.8 Lakhs per year

and so on.

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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.