Insurance Specialist Salary at Citibank, Na BETA

How much does a Citibank, Na Insurance Specialist make?

As of December 2024, the average annual salary for an Insurance Specialist at Citibank, Na is $90,899, which translates to approximately $44 per hour. Salaries for Insurance Specialist at Citibank, Na typically range from $78,031 to $98,805, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Citibank, NA Overview

Website:
citi.com
Size:
>50,000 Employees
Revenue:
>$50B
Industry:
Financial Services

Citibank is the world's biggest provider of private banking, and specializes in offering custom solutions from all areas of finance.

See similar companies related to Citibank, Na

What Skills Does a person Need at Citibank, Na?

At Citibank, Na, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Reinsurance: Reinsurance is insurance that is purchased by an insurance company, in which some part of its own insurance liabilities is passed on ("ceded") to another insurance company. The company that purchases the reinsurance policy is called a "ceding company" or "cedent" or "cedant" under most arrangements. The company issuing the reinsurance policy is referred simply as the "reinsurer". In the classic case, reinsurance allows insurance companies to remain solvent after major claims events, such as major disasters like hurricanes and wildfires. In addition to its basic role in risk management, reinsurance is sometimes used to reduce the ceding company's capital requirements, or for tax mitigation or other purposes. A company that purchases reinsurance pays a premium to the reinsurance company, who in exchange would pay a share of the claims incurred by the purchasing company. The reinsurer may be either a specialist reinsurance company, which only undertakes reinsurance business, or another insurance company. Insurance companies that accept reinsurance refer to the business as 'assumed reinsurance'.
  2. Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  3. Actuarial: Actuarial performs complex calculations to determine the likelihood of various outcomes related to accidents, illnesses, consumer demand, and investments.
  4. Microsoft Office: Microsoft Office is a suite of desktop productivity applications that is designed by Microsoft for business use. You can create documents containing text and images, work with data in spreadsheets and databases, create presentations and posters.
  5. Accounting: Creating financial statements and reports based on the summary of financial and business transactions.

Related Jobs

eTeam
Fort Washington , PA

Job Title: Operations Specialist I (Commercial/Medical insurance background) Onsite @ Fort Washington, PA Duration: 03+ Months Pay Rate: $20-$23.5/hr Job Summary: Responding to client inquiries via email/chat regarding new and renewal processes. Act as advisor to the client utilizing program rules and underwriting guidelines. Also, responsible for creating financial transactions to debit / credit policy accounts depending on the nature of the request. Key Responsibilities: Policy Processing: Handle the issuance, renewal, and cancellation of commercial insurance policies. Client Management: Maintain and update client records, ensuring all information is accurate and up-to-date. Compliance: Ensure all operations comply with state and federal regulations, as well as company policies. Claims Support: Assist in the processing and management of insurance claims, providing support to clients throughout the claims process. Documentation: Prepare and review insurance documents, ensuring accurac


Sponsored
12/14/2024 12:00:00 AM
GTN Technical Staffing
Scottsdale , AZ

Job Description Job Description Ancillary Marketing Specialist HIGHLIGHTS Location: Scottsdale, AZ 85255 Position Type: $85K/yr. + Direct Hire Hourly / Salary: Based on Experience Residency Status: US Citizen or Green Card Holder ONLY Our client is looking for an Ancillary Marketing Specialist to join their team! Overview We are seeking someone ambitious and passionate about playing a critical role in the maintenance and growth of our organization. We are looking for an Ancillary Marketing Specialist to join our dynamic team in Scottsdale, AZ. This in-office position also offers the flexibility to work from home up to 2 days a week after completion of training. Responsibilities: • RFP Preparation: Includes collecting, reviewing and filing all prospect data, target pricing, network analysis, utilization review, submitting RFPs to the appropriate markets, negotiation, and preparation and review of client facing proposals/spreadsheet • Timely Follow-Up: Respond to client and carrier inqui


Sponsored
12/14/2024 12:00:00 AM
Scott Cameron - State Farm Insurance Agent
Ocala , FL

Are you outgoing and customer-focused? Do you enjoy working with the public? If you answered yes to these questions, working for a State Farm agent may be the career for you! Responsibilities Establish customer relationships and follow up with customers, as needed. Use a customer-focused, needs-based review process to educate customers about insurance options. Develop leads, schedule appointments, identify customer needs, and market appropriate products and services. As an Agent Team Member, you will receive... 401K Salary plus commission Health, Dental, & Vision Paid time off Growth potential/Opportunity for advancement within my agency Requirements Interest in marketing products and services based on customer needs Excellent communication skills - written, verbal and listening People-oriented Detail oriented Proactive in problem solving Able to learn computer functions Ability to work in a team environment If you are motivated to succeed and can see yourself in this role, please appl


Sponsored
12/13/2024 12:00:00 AM
Charlotte Eye Ear Nose and Throat Associates
Huntersville , NC

Primary Objective The Insurance Specialist creates and sends medical claims for the insurance companies and the patients. The Insurance Specialist is responsible for reporting accurate information to the insurance company so the patient can be billed for the correct amount. Other responsibilities include following up on unpaid claims, clarifying discrepancies, reviewing bills, and confirming eligibility. Essential Functions Review claims and correct any missing or inaccurate information Verify coverage and eligibility for medical services Communicate with insurance companies and occasionally patients Use Epic to prepare claims Collect unpaid claims and clear up discrepancies, including denials Investigate and appeal claims that were denied Ability to complete correspondence that is linked with OnBase and MediStreams, and respond to e-mails Assist customer service, payment posters and managers regarding patient concerns and/or outstanding claims Performs other duties assigned by managem


Sponsored
12/13/2024 12:00:00 AM
ThreePDS Inc.
Austin , TX

This is an exciting opportunity! Apply now! Preferably experience working with Property and Casualty Insurance Carriers Job Description Summary: Execute all support activities associated with the generation of proof of insurance on behalf of our clients. The Operations Specialist II will support production by processing daily rush and ad hoc transactions of certificates of insurance as needed. A certificates of insurance (COI) is a document that provides third-parties details about the coverages and limits a policy holder has in force. As part of our commercial Brokerage services, Client provides our clients with the daily servicing of their portfolio of certificates of Insurance. Operations specialists are trained to review COI requests, compare the requirements of a certificate holder against the policy provisions of the insured and create customized certificates of insurance that allow our clients to do business with their clients/vendors. The Operations specialist is also responsib


Sponsored
12/12/2024 12:00:00 AM
HomeServices Insurance
Cherry Hill , NJ

HomeServices Insurance an affiliate of HomeServices of America/ Berkshire Hathaway Companies is hiring for a experienced & licensed Property and Casualty Customer Service Representative! This position is located in Cherry Hill, NJ. We are looking for insurance driven individuals who want to thrive in growing environments and establish rapport! The position is full time 40 hours a week, hybrid mode (2 days in office, 3 days work from home). This position provides day-to-day service and support to new and existing clients such that objectives for profitability and growth are met. Job Duties and Responsibilities (Essential Job Functions) 1. Support sales programs and long-term objectives to enhance business strategy and achieve goals relative to profitability, cost control and organizational effectiveness. Research and answer calls from clients, underwriters and third parties. Advise clients regarding insurance coverage and risk management issues. Process policy changes and cancellations.


Sponsored
12/12/2024 12:00:00 AM
BERNIE CARR INSURANCE
Miami , FL

Job Description Job Description We are seeking a Homeowner Insurance Specialist to join our team! You will be responsible for expanding the company's book of business by selling various types of insurance policies to new and existing clients. Responsibilities: Present and sell insurance policies to new and existing clients Develop and calculate suitable plans based on clients' needs Resolve client inquiries and complaints Expand business reach through networking techniques Comply with insurance standards and regulations Track and identify areas of improvement Qualifications: Previous experience in insurance, customer service, or other related fields Experience in quoting and selling Citizens and Take Out company policies Ability to build rapport with clients Strong negotiation skills Excellent written and verbal communication skills Ability to prioritize and multitask Company Description Bernie Carr State Farm Insurance Agency Company Description Bernie Carr\r\nState Farm Insurance Age


Sponsored
12/12/2024 12:00:00 AM
Stone Hendricks Group
Rockwall , TX

Commercial Insurance Specialist Company Overview: We are a locally-based independent insurance agency located in Rockwall, TX, offering personalized insurance solutions for home, auto, and business clients. Our team is committed to providing the highest level of care, honesty, and respect to all clients and partners. As an independent agency, we partner with national carriers to provide tailored coverage and risk management solutions that meet the unique needs of our clients. We pride ourselves on our core values of integrity, respect, and excellence. Job Summary: The Commercial Insurance Specialist will manage and grow a $600k commercial book of business while delivering exceptional service to new and existing clients. This role offers an exciting opportunity to contribute to the growth of the commercial lines division, with the potential for profit-sharing. The ideal candidate is a motivated, client-focused professional with experience in property and casualty insurance and a desire


Sponsored
12/12/2024 12:00:00 AM

Check more jobs information at Citibank, Na

Job Title Average Citibank, Na Salary Hourly Rate
2 Executive Administrator $123,576 $59
3 Executive Assistant, Human Resources $107,930 $52
4 Executive Chauffeur $54,265 $26
5 Executive Office Assistant $123,576 $59
6 Executive PA $123,576 $59
7 Executive Response Specialist $77,615 $37
8 Executive VP, Operations $410,508 $197
9 Exercise Specialist $74,990 $36
10 Expense Analyst $112,236 $54
11 Digital Transformation Lead $122,185 $59
12 Dining Room Coordinator $70,106 $34
13 Direct Sales Specialist $99,047 $48

Hourly Pay at Citibank, Na

The average hourly pay at Citibank, Na for an Insurance Specialist is $44 per hour. The location, department, and job description all have an impact on the typical compensation for Citibank, Na positions. The pay range and total remuneration for the job title are shown in the table below. Citibank, Na may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $90,899 look to you?

FAQ about Salary and Jobs at Citibank, Na

1. How much does Citibank, Na pay per hour?
The average hourly pay is $44. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Citibank, Na?
According to the data, the highest approximate salary is about $98,805 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Citibank, Na?
According to the data, the lowest estimated salary is about $78,031 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.