As of December 01, 2024, the average annual pay of Reinsurance Clerk in Aiken, SC is $48,077. While Salary.com is seeing that the highest pay for Reinsurance Clerk in Aiken, SC can go up to $57,902 and the lowest down to $42,108, but most earn between $44,953 and $53,220. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Reinsurance Clerk in the United States.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $57,660 | $4,805 | $1,109 | $28 |
| Average | $52,088 | $4,341 | $1,002 | $25 |
| 25th Percentile | $48,703 | $4,059 | $937 | $23 |
An entry-level Reinsurance Clerk with under 1 year experience makes about $47,076. With less than 2 years of experience, a mid-level Reinsurance Clerk makes around $48,248. After 2-4 years, the Reinsurance Clerk pay rises to about $51,379. Those senior Reinsurance Clerk with 5-8 years of experience earn roughly $51,837, and those Reinsurance Clerk having 8 years or more experience are expected to earn about $52,066 on average.
| Levels | Salary |
|---|---|
| Entry Level Reinsurance Clerk | $47,076 |
| Intermediate Level Reinsurance Clerk | $48,248 |
| Senior Level Reinsurance Clerk | $51,379 |
| Specialist Level Reinsurance Clerk | $51,837 |
| Expert Level Reinsurance Clerk | $52,066 |
| Entry Level | 10% |
| Mid Level | 7% |
| Senior Level | 1% |
| Top Level | 0% |
| Experienced | 0% |
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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.
Initiative: Taking decisive action and initiating plans independently to address problems, improve professional life, and achieve goals.
Life Insurance: Life Insurance can be defined as a contract between an insurance policy holder and an insurance company, where the insurer promises to pay a sum of money in exchange for a premium, upon the death of an insured person or after a set period
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.
| Skill | Salary | Demand |
|---|---|---|
|
Data Management
|
$89,904 |
87%
|
|
Creative Thinking
|
$62,500 |
30%
|
|
Oral Communication
|
$62,020 |
29%
|
|
Underwriting
|
$60,577 |
26%
|
|
Data Analysis
|
$60,577 |
26%
|
|
Actuarial
|
$59,616 |
24%
|
