As of January 01, 2025, the average annual salary for a Reinsurance Specialist in Michigan is $64,644. Salary.com reports that pay typically ranges from $55,158 to $71,352, with most professionals earning between $46,522 and $77,459.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $72,291 | $6,024 | $1,390 | $35 |
| Average | $65,495 | $5,458 | $1,260 | $31 |
| 25th Percentile | $55,884 | $4,657 | $1,075 | $27 |
An entry-level Reinsurance Specialist with under 1 year experience makes about $62,802. With less than 2 years of experience, a mid-level Reinsurance Specialist makes around $63,223. After 2-4 years, the Reinsurance Specialist pay rises to about $64,704. Those senior Reinsurance Specialist with 5-8 years of experience earn roughly $66,197, and those Reinsurance Specialist having 8 years or more experience are expected to earn about $66,396 on average.
| Levels | Salary |
|---|---|
| Entry Level Reinsurance Specialist | $62,802 |
| Intermediate Level Reinsurance Specialist | $63,223 |
| Senior Level Reinsurance Specialist | $64,704 |
| Specialist Level Reinsurance Specialist | $66,197 |
| Expert Level Reinsurance Specialist | $66,396 |
| Entry Level | 4% |
| Mid Level | 3% |
| Senior Level | 1% |
| Top Level | 1% |
| Experienced | 1% |
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Reinsurance Specialist salary varies from city to city. Compared with national average salary of Reinsurance Specialist, the highest Reinsurance Specialist salary is in San Francisco, CA, where the Reinsurance Specialist salary is 25.0% above. The lowest Reinsurance Specialist salary is in Miami, FL, where the Reinsurance Specialist salary is 3.5% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $81,869 |
25.0%
|
| Washington, DC | $72,896 |
11.3%
|
| Miami, FL | $63,203 |
|
| Chicago, IL | $68,704 |
4.9%
|
| Boston, MA | $73,420 |
12.1%
|
| New York, NY | $76,498 |
16.8%
|
