How much does a Reinsurance Clerk make in the United States? The average Reinsurance Clerk salary in the United States is $46,385 as of September 25, 2020, but the range typically falls between $43,374 and $51,350. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Reinsurance Clerk performs routine reinsurance clerical duties, such as maintaining records, processing, and verifying new business. Performs basic accounting activities such as calculations and preparation of billing statements and financial reports. Being a Reinsurance Clerk verifies the policies of reinsurance clients and reviews company records to determine correct coverage. May coordinate the exchange of underwriting information between the reinsurance market and the underwriting staff. Additionally, Reinsurance Clerk may process monthly premium billing statements and other reports. Requires a high school diploma or its equivalent. Typically reports to a supervisor or manager. The Reinsurance Clerk possesses a moderate understanding of general aspects of the job. Works under the close direction of senior personnel in the functional area. May require 0-1 year of general work experience. (Copyright 2020 Salary.com)... View full job description
Maiden Holdings, Ltd., through its subsidiaries, provides reinsurance solutions to regional and specialty insurers primarily in Europe and internationally. The company writes treaties on a quota share basis and excess of loss basis. It also offers auto and credit life insurance products through its insurer partners to ... More
MAIDEN HOLDINGS LTD
Fiscal Year Ended in 2018
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These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Reinsurance Clerk in the United States. The base salary for Reinsurance Clerk ranges from $43,374 to $51,350 with the average base salary of $46,385. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $45,233 to $53,056 with the average total cash compensation of $48,265.