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Reinsurance Analyst II Salary in the United States

How much does a Reinsurance Analyst II make in the United States?

As of October 01, 2026, the average salary for a Reinsurance Analyst II in the United States is $62,390 per year, which breaks down to an hourly rate of $30.

However, a Reinsurance Analyst II's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $81,303
  • Majority Range (25th-75th percentile): $55,990 to $72,290
  • Entry-Level (10th percentile): $50,163

Key Factors That Influence Reinsurance Analyst II Salaries

A Reinsurance Analyst II's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.

How Experience Level Affects Reinsurance Analyst Salaries?

Experience is a primary driver of a Reinsurance Analyst II's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Entry-Level (less than 1 year): $61,435
  • Early Career (1-2 years): $61,721
  • Mid-Level (2-4 years): $63,129
  • Senior-Level (5-8 years): $65,345
  • Expert (over 8 years): $65,641
Levels Salary
Entry Level Reinsurance Analyst II$61,435
Intermediate Level Reinsurance Analyst II$61,721
Senior Level Reinsurance Analyst II$63,129
Specialist Level Reinsurance Analyst II$65,345
Expert Level Reinsurance Analyst II$65,641

Top Paying Cities for Reinsurance Analyst IIs

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $78,590
  • San Francisco: $77,790
  • Oakland: $76,090

What Skills Can Increase a Reinsurance Analyst II's Salary?

Demanded Skills for the Role:

  • Analysis (Mentioned in 4.98% Job Postings): Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  • Data Analysis (Mentioned in 2.65% Job Postings): Data analysis is a process of inspecting, cleansing, transforming, and modeling data with the goal of discovering useful information, informing conclusions, and supporting decision-making. Data analysis has multiple facets and approaches, encompassing diverse techniques under a variety of names, and is used in different business, science, and social science domains. In today's business world, data analysis plays a role in making decisions more scientific and helping businesses operate more effectively. Data mining is a particular data analysis technique that focuses on modeling and knowledge discovery for predictive rather than purely descriptive purposes, while business intelligence covers data analysis that relies heavily on aggregation, focusing mainly on business information. In statistical applications, data analysis can be divided into descriptive statistics, exploratory data analysis (EDA), and confirmatory data analysis (CDA). EDA focuses on discovering new features in the data while CDA focuses on confirming or falsifying existing hypotheses. Predictive analytics focuses on application of statistical models for predictive forecasting or classification, while text analytics applies statistical, linguistic, and structural techniques to extract and classify information from textual sources, a species of unstructured data. All of the above are varieties of data analysis.
  • CFA (Mentioned in 1.8% Job Postings): The Chartered Financial Analyst program is a postgraduate professional certification offered internationally by the American-based CFA Institute to investment and financial professional
Skills Demand Percentage
Analysis 4.98%
Data Analysis 2.65%
CFA 1.8%

What skills can make your compensation higher?

Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Reinsurance Analyst II's salary.

  • CFA: Can increase your salary by up to 16%.
  • Career Development: Can increase your salary by up to 16%.
  • Actuarial: Can increase your salary by up to 16%.
Skill Salary Salary % Increase
CFA $72,372
16%
Career Development $72,372
16%
Actuarial $72,372
16%

Reinsurance Analyst II Salary by Company Size: Startups vs. Enterprise

Reinsurance Analyst II salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $67,181. While startup companies pay approximate $56,959.

Reinsurance Analyst II Salary by Company Size

Company Size Employees Average Salary
Startup 1~50 $56,959
Growth Stage 51~500 $60,223
Established 501~5000 $64,881
Enterprise 5000+ $67,181

Reinsurance Analyst II Salary by Industry: Top Paying Sectors

For Reinsurance Analyst II roles, the industry you choose can affect earning potential by as much as 40% (the gap between the highest and lowest paying industries). Data shows that the Insurance and Financial Services sectors offer the strongest compensation, at 20% above the average. In contrast, Reinsurance Analyst positions in Business Services or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Reinsurance Analyst II as a support function rather than a direct revenue driver.

The top paying industries for a Reinsurance Analyst II

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Insurance$74,868$36.020%
Financial Services$68,629$33.010%

Reinsurance Analyst II Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Reinsurance Analyst II's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on October 01, 2026
$55,990
Average $62,390/year
$72,290
$4,666
Average $5,199/month
$6,024
$1,077
Average $1,200/week
$1,390
$27
Average $30/hour
$35
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $72,290 $6,024 $1,390 $35
Average $62,390 $5,199 $1,200 $30
25th Percentile $55,990 $4,666 $1,077 $27

Reinsurance Analyst II Salary Growth & Career Path

For a Reinsurance Analyst II, the most direct path to higher earnings is advancing to the Reinsurance Analyst III role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $99,900 - a projected growth of 60% over your current level.

Most common benefits for Reinsurance Analyst II

  • Social Security
  • 401 (k)
  • Disability
  • Healthcare
  • Pension
  • Time Off (days)

Common company salaries for Reinsurance Analyst II

Here are companies hiring for Reinsurance Analyst II and their salaries, click below for more details.

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FAQ about Reinsurance Analyst II

1. What industry pays the highest salary for Reinsurance Analyst II?

The Insurance industry offers the highest average compensation for Reinsurance Analyst II roles, with salaries approximately 20% above the market median.

Where Does Our Salary Data Come From?

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

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