How much does a Reinsurance Specialist make in the United States? The average Reinsurance Specialist salary in the United States is $57,632 as of April 27, 2020, but the range typically falls between $49,176 and $63,620. 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 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. (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 Specialist do?
Reinsurance Specialist in Addison, TX
Maintains ultimate responsibility for coordinating query resolution with the client and ensuring effective management of queries per client instructions.
July 12, 2019
Provides support in collection efforts, if required, by coordinating with Account Controllers.
October 08, 2019
Maintains vigilant monitoring of contract or program experience for assigned clients and be aware of any anomalies.
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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 Specialist in the United States. The base salary for Reinsurance Specialist ranges from $49,176 to $63,620 with the average base salary of $57,632. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $51,170 to $66,263 with the average total cash compensation of $59,439.