Insurance Specialist Salary at Virginia Living Museum BETA

How much does a Virginia Living Museum Insurance Specialist make?

As of January 2025, the average annual salary for an Insurance Specialist at Virginia Living Museum is $46,650, which translates to approximately $22 per hour. Salaries for Insurance Specialist at Virginia Living Museum typically range from $40,067 to $50,958, 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.

Virginia Living Museum Overview

Website:
virginialiving.com
Size:
<25 Employees
Revenue:
<$5M
Industry:
Edu., Gov't. & Nonprofit

The Virginia Living Museum is an open-air museum located in Newport News, Virginia that has many living exhibits of Virginia's indigenous species. The exhibits include aspects of an aquarium, science center, aviary, botanical preserve and planetarium. The first incarnation of what is now the Virginia Living Museum was the Junior Nature Museum and Planetarium, opened in 1966 under Virginia Governor Mills E. Godwin, Jr. and cofounded by the Junior League of Hampton Roads and the Warwick Rotary Club. In 1976, the facility was expanded and a new focus on physical and applied sciences was added to the existing natural sciences; at this time it was renamed the Peninsula Nature and Science Center.

See similar companies related to Virginia Living Museum

What Skills Does a person Need at Virginia Living Museum?

At Virginia Living Museum, 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.

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Check more jobs information at Virginia Living Museum

Job Title Average Virginia Living Museum Salary Hourly Rate
2 Art Director $105,069 $51
3 Bookkeeper and Accountant $65,231 $31
4 Digital Editor $36,881 $18
5 Director, Development $87,143 $42
6 Editorial Intern $34,251 $16
7 Education Associate $54,266 $26
8 Horticulture Assistant $30,418 $15
9 Maintenance Technician $48,801 $23
10 Manager, Accounting $89,456 $43
11 Outreach Coordinator $40,311 $19
12 Patient Service Representative $34,256 $16
13 Science Educator $119,234 $57

Hourly Pay at Virginia Living Museum

The average hourly pay at Virginia Living Museum for an Insurance Specialist is $22 per hour. The location, department, and job description all have an impact on the typical compensation for Virginia Living Museum positions. The pay range and total remuneration for the job title are shown in the table below. Virginia Living Museum may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $46,650 look to you?

FAQ about Salary and Jobs at Virginia Living Museum

1. How much does Virginia Living Museum pay per hour?
The average hourly pay is $22. 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 Virginia Living Museum?
According to the data, the highest approximate salary is about $50,958 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 Virginia Living Museum?
According to the data, the lowest estimated salary is about $40,067 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.