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Reinsurance Specialist Salary
in Utah, United States

$37,196 (USD)

Average Salary

$18/hr

Average Hourly

$577

Average Bonus

Last updated: February 21, 2019

Salary Recap

The average pay for a Reinsurance Specialist is $37,196 a year and $18 an hour in Utah, United States. The average salary range for a Reinsurance Specialist is between $27,964 and $44,879. On average, an Associate Degree is the highest level of education for a Reinsurance Specialist. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Utah, United States.

Average Salary Chart

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Job Summary

Description:
  • Prepares reinsurance applications and contracts and ascertains reinsurance liability, working for either prime insurer or reinsurer, and performs other complex clerical and administrative support activities involving insurance and reinsurance contracts.
  • Ascertains the amount of risk on each item that needs to be reinsured by other insurers or ascertains the amount of risk on each item the company is willing to reinsure from prime insurer.
  • Picks reinsurers who may accept part of ceded liability.
  • Accepts reinsurers and their liability for cash values and dividends.
Reinsurance Specialist Job Prevalence in Utah, United States

Job family: Insurance Claims and Policy Processing Clerks

Job family population: 277,130

Estimated population of Reinsurance Specialist jobs: 926

Rate of error: 1.7%

Salary Potential

Estimated salary in 2024:
$43,121
5 Year Change:
16 %

Education

Skills

Reinsurance Specialist Job Listings for Utah, United States

No listings found
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