How much does a Reinsurance Director make in South Portland, ME? The average Reinsurance Director salary in South Portland, ME is $116,257 as of April 24, 2024, but the range typically falls between $103,020 and $145,529. 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 Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Reinsurance Director Salary $90,969 South Portland,ME April 24, 2024
25th Percentile Reinsurance Director Salary $103,020 South Portland,ME April 24, 2024
50th Percentile Reinsurance Director Salary $116,257 South Portland,ME April 24, 2024
75th Percentile Reinsurance Director Salary $145,529 South Portland,ME April 24, 2024
90th Percentile Reinsurance Director Salary $172,179 South Portland,ME April 24, 2024
25% $103,020 10% $90,969 90% $172,179 75% $145,529 $116,257 50%(Median) Didn’t find job title? Click
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Job Description for Reinsurance Director

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 2024 Salary.com)... View full job description

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Job Openings for Reinsurance Director in South Portland, ME
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Those that have already made the climb...
Patrick J. Haveron, Co-Chief Executive Officer and Chief Financial Officer
Maiden Holdings, Ltd., through its subsidiaries, provides property and casualty reinsurance solutions to regional and specialty insurers in Europe, the United States, and internationally. It operates in two segments, Diversified Reinsurance and AmTrust Reinsurance. The company writes treaties on a quota share basis and... More
Fiscal Year Ended in 2022
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Reinsurance Director salary varies from city to city. Compared with national average salary of Reinsurance Director, the highest Reinsurance Director salary is in San Francisco, CA, where the Reinsurance Director salary is 25.0% above. The lowest Reinsurance Director salary is in Miami, FL, where the Reinsurance Director salary is 3.5% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

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Average Base Salary

Core compensation

 
 
 
103020
145529
116257

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
115109
165410
131316
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Reinsurance Director in South Portland, ME. The base salary for Reinsurance Director ranges from $103,020 to $145,529 with the average base salary of $116,257. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $115,109 to $165,410 with the average total cash compensation of $131,316.
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103020
145529

 

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About South Portland, Maine    South Portland is a city in Cumberland County, Maine, United States, and is the fourth-largest city in the state, incorporated in 1898. As of the 2010....More

South Portland, Maine  area prices were up 1.6% from a year ago    View the Cost of Living in South Portland, Maine

Reinsurance Director Salary in popular cities: PortlandLewistonBangor

Skills associated with Reinsurance Director: Account Reconciliation, Insurance Operations, Inquiry Research/Response, Policy Administration ...More

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