The salary of a Reinsurance Specialist in the United States varies depending on several factors, including experience, location, education level, marketing trend and company sizes.
As of March 01, 2025, the average annual salary for a Reinsurance Specialist in the United States is $65,783. Salary.com reports that pay typically ranges from $56,132 to $72,610, with most professionals earning between $47,346 and $78,825.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $72,610 | $6,051 | $1,396 | $35 |
| Average | $65,783 | $5,482 | $1,265 | $32 |
| 25th Percentile | $56,132 | $4,678 | $1,079 | $27 |
An entry-level Reinsurance Specialist with less than 1 year of experience earns about $63,629. With 1-2 years of experience, the average salary increases to $64,056. For 2-4 years of experience, the pay typically rises to $65,557. Senior-level professionals with 5-8 years of experience earn around $67,068, and those with over 8 years of experience can expect an average of $67,270.
| Levels | Salary |
|---|---|
| Entry Level Reinsurance Specialist | $63,629 |
| Intermediate Level Reinsurance Specialist | $64,056 |
| Senior Level Reinsurance Specialist | $65,557 |
| Specialist Level Reinsurance Specialist | $67,068 |
| Expert Level Reinsurance Specialist | $67,270 |
| Entry Level | 3% |
| Mid Level | 3% |
| Senior Level | 0% |
| Top Level | 2% |
| Experienced | 2% |
Salaries in the United States differ widely between states due to factors like cost of living, local economies, and industry presence.
What Am I Worth?
Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.
As of March 01, 2025, our research reveals a significant shift in Reinsurance Specialist compensation over the past six years. For example, the median salary increased from $57,304 in 2023 to approximately $56,394 in 2024. (For a detailed analysis of Reinsurance Specialist salary trends, click here.)
Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.
Salary.com job board provides millions of Reinsurance Specialist information for you to search for. Click on search button below to see Reinsurance Specialist job openings or enter a new job title here.
Here are companies hiring for Reinsurance Specialist and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $65,783 | 68.3% | ||
| Bonus | $2,062 | 2.1% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $5,190 | 5.4% | ||
| 401K/403B | $2,849 | 3.0% | ||
| Disability | $814 | 0.8% | ||
| Healthcare | $7,543 | 7.8% | ||
| Pension | $3,664 | 3.8% | ||
| Time Off | $8,350 | 8.7% | ||
| Total Compensation | $96,255 | 100% | ||
| Degree Level | % of user with this level of education |
|---|---|
| High School | 20.0% |
| Associates | 8.0% |
| Bachelors | 56.0% |
| Masters | 16.0% |
What Am I Worth?
The average annual salary of Reinsurance Specialist is $65,783. In case you are finding an easy salary calculator, the average hourly pay of Reinsurance Specialist is $32; the average weekly pay of Reinsurance Specialist is $1,265; the average monthly pay of Reinsurance Specialist is $5,482.
A Reinsurance Specialist's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Reinsurance Specialist earns the most in San Jose, CA, where the annual salary of a Reinsurance Specialist is $82,558.
The highest pay for Reinsurance Specialist is $78,825.
The lowest pay for Reinsurance Specialist is $47,346.
Reinsurance Specialist performs routine reinsurance administrative duties, such as maintaining records, processing and verifying new business. Organizes the preparation of monthly and annual reports and ensures reinsurance information has been recorded accurately. Being a Reinsurance Specialist performs reconciliation of premium billing statements and DAC tax calculations and maintenance of various reinsurance operations. Researches and resolves the more complex cases and provides guidance to others. Additionally, Reinsurance Specialist may review work performed by others and train new staff. Works towards industry designations (e.g., FLMI, ARA, ACS, etc.). Requires a bachelor's degree. Typically reports to a manager or head of a unit/department. The Reinsurance Specialist gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. To be a Reinsurance Specialist typically requires 2 to 4 years of related experience.
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