Renaissancere Salary

As of April 2026, the average annual salary for employees at Renaissancere in the United States is $80,906. This translates to an approximate hourly wage of $39. Salaries at Renaissancere typically range from $71,157 to $89,529 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Renaissancere Pay for Different Roles?

Explore detailed salary information for specific jobs at Renaissancere. Based on our data, the highest paying job is the Lawn Care, with an annual salary of $186,305. The table below outlines the annual salary ranges for most popular roles within the company.

Insurance Retention Specialist

$62,943 / year

Salary Range: $53,330 - $75,168

Sales

Allstate Insurance Customer Service Representative

$46,317 / year

Salary Range: $41,773 - $52,266

Customer Service

Management Trainee

$66,518 / year

Salary Range: $59,390 - $73,603

Automotive Repair

Insurance Sales Representative

$47,150 / year

Salary Range: $42,524 - $53,159

Medical Technology

Customer Service Representative

$40,328 / year

Salary Range: $36,517 - $45,032

Customer Service

Operations Manager

$117,248 / year

Salary Range: $104,811 - $130,828

Operations

Turn Insight into Opportunity: Current Job Openings

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About Renaissancere: Company Profile

Website
www.renre.com
Founded In
1993
Employees
500 - 1,000 employees
Industry
Insurance
Headquarter Location
SCHAUMBURG
Revenue
$50 Million - $200 Million
Phone Number
-
Social Media
About RENAISSANCERE
Founded in Bermuda in 1993, RenaissanceRe has offices around the globe and is one of the world's premier reinsurance companies. Our expertise, disciplined underwriting, sophisticated risk models and responsive client service have earned us a reputation for excellence and exceptional performance for our valued partners and shareholders.

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Renaissancere's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
Benefits are competitive, and work-life balance is good. Training is sufficient, and the company follows industry standards well. A wonderful workplace. Work-life balance is respected, making it a great place for long-term employment. Benefits like health plans and retirement options are excellent.
Technology tools are up-to-date, making daily tasks efficient. The company is well-run, with clear expectations and structured workflows. A solid choice for those seeking consistency. Leadership is transparent and encourages innovation. A fantastic place to work and advance.
The culture is welcoming, and there’s a strong sense of teamwork. The office culture is inclusive, and there’s a strong focus on employee well-being. The insurance industry can be demanding, but the supportive culture makes it manageable. I’ve grown professionally here and would highly recommend it to others in the insurance field. A dependable place for steady employment.
This company fosters a positive and inclusive workplace. Decent pay, workload is manageable. A top employer in the insurance sector. I’ve had a great experience working here due to the supportive culture and leadership. Colleagues are professional, and teamwork is encouraged. The company is well-organized, with efficient workflows. The insurance processes are well-structured, and the team is effic...
While not groundbreaking, it’s a reliable place to work. Overall, it’s a stable and rewarding place to build a career. The company also emphasizes diversity and inclusion, making it a welcoming workplace.

Is Renaissancere’s Pay Competitive? Salary Benchmarking Analysis

How does Renaissancere'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
REED COLLEGE $74,481
-7.9%
Reflects market rates for standard general contracting, differing from specialized roles.
RELATIVE MARKETING & DESIGN $69,538
-14.1%
RELATIVE MARKETING & DESIGN likely leverages performance bonuses over the high base salary shown here.
AFFORDABLE HOMES OF RICE LAKE $77,790
-3.9%
Normalized for lower cost-of-living zones where AFFORDABLE HOMES OF RICE LAKE primarily operates.
AJ JEWELERS $75,879
-6.2%
Typical compensation structure for smaller regional agencies like AJ JEWELERS.
Insurance Industry $123,858
+53.1%
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.

What Is the Cost of Living Near Schaumburg?

Understanding the cost of living near Schaumburg is key to truly evaluating a salary offer or your current compensation at Renaissancere.
Schaumburg's Cost of Living Index is approximately 108.2 (8.2% more expensive than US average; 15.4% more than IL average). NW Chicago suburb, major commercial/retail hub (Woodfield Mall), housing costs above US avg. Pace bus. When planning your budget based on a salary from Renaissancere, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,000+ A significant portion of Renaissancere salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation Pace bus (varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $410 - $610 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $710+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,740 - $4,250+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Renaissancere

FAQ 1: What is the typical salary range (low to high) for most roles at Renaissancere?
The typical annual salary range for most roles at Renaissancere is approximately from $71,157 to $89,529. 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.
FAQ 2: How much does Renaissancere pay compared to REED COLLEGE?
The average annual salary at Renaissancere is $80,906, or an hourly wage of $39, in comparison to REED COLLEGE which pays $74,480 per year or $36 per hour.
FAQ 3: How does experience level affect salary at Renaissancere?
Experience level is a significant factor in determining salary at Renaissancere, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.
FAQ 4: How can I determine if a salary offer from Renaissancere in Schaumburg is fair given the local cost of living?
To determine if a salary offer from Renaissancere in Schaumburg is fair, first compare the gross salary to our data for similar roles at Renaissancere and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Schaumburg" to understand its purchasing power.
FAQ 5: Are the salaries listed for Renaissancere on Salary.com pre-tax or after-tax?
All salary figures displayed for Renaissancere, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.