How much does a Reinsurance Director make in the United States? The average Reinsurance Director salary in the United States is $105,309 as of May 28, 2020, but the range typically falls between $93,304 and $131,789. 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 Director is responsible for the administration of reinsurance plans. Maintains plan records and ensures compliance with federal regulations. Being a Reinsurance Director communicates with customers and assists with plan design and distribution when necessary. Ensures timely accounting, reporting and auditing. Additionally, Reinsurance Director researches and analyzes reinsurance prices and specifications. Communicates with underwriting area to verify the proper reinsurance administration is put in place. Supports the investigation of proposed reinsurance opportunities, rate comparisons, and profitability analysis. May have responsibility for reinsurance customer service. Has attained industry designations. Requires a bachelor's degree. Typically reports to top management. The Reinsurance Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. To be a Reinsurance Director typically requires 5+ years of managerial 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
What does a Reinsurance Director do?
Reinsurance Director in Aliso Viejo, CA
Manage and develop a small staff of actuaries.
November 06, 2019
Monitoring insurance and reinsurance market conditions, developing solutions to address the shifting landscape and successfully gaining buy in from senior management.
February 04, 2020
Lead projects that will include coordination with other stakeholders across the organization, such as Risk Selection, Product Design, Underwriting and Corporate.
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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 Director in the United States. The base salary for Reinsurance Director ranges from $93,304 to $131,789 with the average base salary of $105,309. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $104,257 to $149,783 with the average total cash compensation of $118,958.