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Beacon Insurance Group Salary

Beacon Insurance Group Salary

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As of October 2026, the average annual salary for employees at Beacon Insurance Group in the United States is $83,540. This translates to an approximate hourly wage of $40. Salaries at Beacon Insurance Group typically range from $73,510 to $94,466 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Beacon Insurance Group Pay for Different Roles?

Explore detailed salary information for specific jobs at Beacon Insurance Group. Based on our data, the highest paying job is the President, with an annual salary of $646,674. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Is Beacon Insurance Group’s Pay Competitive? Salary Benchmarking Analysis

How does Beacon Insurance Group's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Dickson Insurance Inc $89,236
+6.8%
Reflects structural premiums typical of Dickson Insurance Inc's large-cap national operations.
Home Port Insurance Group $86,494
+3.5%
Supported by Home Port Insurance Group's high-margin contracts allowing higher overhead.
Kachina Insurance Group $89,025
+6.6%
Driven by niche technical certifications required for Kachina Insurance Group's specialized projects.
BMC Benefit Services $95,976
+14.9%
Adjusted for higher cost-of-living indices in BMC Benefit Services's primary metro hubs.
Insurance Industry $123,858
+48.3%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

How Beacon Insurance Group's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Beacon Insurance Group. Click a company name to learn more.

Employee Reviews: Working at Beacon Insurance Group

Considering a career at Beacon Insurance Group? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Managers are approachable and fair. The company is well-run, with clear expectations and structured workflows. The team is supportive, and the work environment is positive. The onboarding process was smooth, and ongoing training keeps skills sharp.
Commented in February 12, 2025
23
3
It’s a decent place to work if you value stability over dynamic changes. The insurance industry can be demanding, but the leadership ensures workloads are balanced. Benefits and perks are generous, and there’s a clear path for advancement. It’s a great workplace for motivated professionals. There’s a clear path for advancement, and managers actively help you reach your goals. The training programs...
Commented in October 09, 2024
34
3
The office culture is positive, making it a pleasant place to work every day. The company has a positive work environment with a focus on employee satisfaction. Processes are structured. The compensation is fair, and the company culture promotes inclusivity.
Commented in April 01, 2024
39
1

Beacon Insurance Group Overview

Website
www.beaconinsgroup.net
Founded In
Data pending, update soon.
Employees
<25 employees
Industry
Insurance
Headquarter Address
1919 Broadway St Mount Vernon Illinois IL 62864
Revenue
<$5 Million
Phone Number
+1 6182425411
Social Media
About Beacon Insurance Group
Beacon Insurance Group is an independent insurance agency serving the needs of their clients in Illinois, Kentucky, Indiana, and Missouri. Unlike many independent agencies, who focus on all lines of insurance, we devote most of our time to our commercial clients. This means that our team of insurance counselors and service personnel are experts in creating custom insurance and risk management solu

What Benefits Does Beacon Insurance Group Offer Beyond Salary?

A competitive compensation package is more than just a salary. Beacon Insurance Group offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
Work at Beacon Insurance Group?
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What Is the Cost of Living Near Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Beacon Insurance Group.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Beacon Insurance Group, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Beacon Insurance Group salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Beacon Insurance Group

1. How much does a Beacon Insurance Group employee make?

Beacon Insurance Group pays its employees an average of $83,540 per year. The average salary at Beacon Insurance Group range from $73,510 to $94,466 per year. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. Which similar company tend to pay more or less than Beacon Insurance Group?

The salary at Beacon Insurance Group is lesser than the similar company. The average annual salary at Beacon Insurance Group is $83,540, or an hourly wage of $40, in comparison to Dickson Insurance Inc which pays $89,236 per year or $43 per hour.

3. How much does a President typically earn at Beacon Insurance Group?

A President at Beacon Insurance Group typically earns an average annual base salary of around $646,674, with a general range of $495,089 to $815,023.

4. Do employees with advanced degrees (Master's, PhD) earn more at Beacon Insurance Group?

In many roles at Beacon Insurance Group, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

5. How does the cost of living near Chicago affect the perceived value of a Beacon Insurance Group salary?

Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). This significantly impacts the purchasing power of a salary from Beacon Insurance Group based there. Our "Cost of Living Insights for Chicago" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Beacon Insurance Group typically offer employees?

Beacon Insurance Group generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Beacon Insurance Group" section on this page.

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