As of March 01, 2025, the average annual salary for a Reinsurance Plan Administrator in Charlotte, NC is $63,810. According to Salary.com, salaries can range from a low of $45,928 to a high of $76,476, with most professionals earning between $54,450 and $70,440.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $70,440 | $5,870 | $1,355 | $34 |
| Average | $63,810 | $5,318 | $1,227 | $31 |
| 25th Percentile | $54,450 | $4,538 | $1,047 | $26 |
An entry-level Reinsurance Plan Administrator with under 1 year experience makes about $61,727. With less than 2 years of experience, a mid-level Reinsurance Plan Administrator makes around $62,141. After 2-4 years, the Reinsurance Plan Administrator pay rises to about $63,597. Those senior Reinsurance Plan Administrator with 5-8 years of experience earn roughly $65,063, and those Reinsurance Plan Administrator having 8 years or more experience are expected to earn about $65,258 on average.
| Levels | Salary |
|---|---|
| Entry Level Reinsurance Plan Administrator | $61,727 |
| Intermediate Level Reinsurance Plan Administrator | $62,141 |
| Senior Level Reinsurance Plan Administrator | $63,597 |
| Specialist Level Reinsurance Plan Administrator | $65,063 |
| Expert Level Reinsurance Plan Administrator | $65,258 |
| Entry Level | 3% |
| Mid Level | 3% |
| Senior Level | 0% |
| Top Level | 2% |
| Experienced | 2% |
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Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Data Analysis: 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: The Chartered Financial Analyst program is a postgraduate professional certification offered internationally by the American-based CFA Institute to investment and financial professional
| Skill | Salary | Demand |
|---|---|---|
|
CFA
|
$74,020 |
16%
|
|
Career Development
|
$74,020 |
16%
|
|
Actuarial
|
$74,020 |
16%
|
|
Due Diligence
|
$73,382 |
15%
|
|
Reinsurance
|
$73,382 |
15%
|
|
Underwriting
|
$72,743 |
14%
|
