As of December 01, 2024, the average annual pay of Reinsurance Specialist in Jonesboro, AR is $60,770. While Salary.com is seeing that Reinsurance Specialist salary in Jonesboro, AR can go up to $72,815 or down to $43,742, but most earn between $51,857 and $67,075. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Reinsurance Specialist in the United States.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $72,124 | $6,010 | $1,387 | $35 |
| Average | $65,344 | $5,445 | $1,257 | $31 |
| 25th Percentile | $55,760 | $4,647 | $1,072 | $27 |
An entry-level Reinsurance Specialist with under 1 year experience makes about $59,175. With less than 2 years of experience, a mid-level Reinsurance Specialist makes around $59,572. After 2-4 years, the Reinsurance Specialist pay rises to about $60,968. Those senior Reinsurance Specialist with 5-8 years of experience earn roughly $62,374, and those Reinsurance Specialist having 8 years or more experience are expected to earn about $62,561 on average.
| Levels | Salary |
|---|---|
| Entry Level Reinsurance Specialist | $59,175 |
| Intermediate Level Reinsurance Specialist | $59,572 |
| Senior Level Reinsurance Specialist | $60,968 |
| Specialist Level Reinsurance Specialist | $62,374 |
| Expert Level Reinsurance Specialist | $62,561 |
| Entry Level | 9% |
| Mid Level | 9% |
| Senior Level | 7% |
| Top Level | 5% |
| Experienced | 4% |
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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.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
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.
CFA: The Chartered Financial Analyst program is a postgraduate professional certification offered internationally by the American-based CFA Institute to investment and financial professional
| Skill | Salary | Demand |
|---|---|---|
|
CFA
|
$70,493 |
16%
|
|
Career Development
|
$70,493 |
16%
|
|
Actuarial
|
$70,493 |
16%
|
|
Due Diligence
|
$69,886 |
15%
|
|
Reinsurance
|
$69,886 |
15%
|
|
Underwriting
|
$69,278 |
14%
|
