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Insurance

Reinsurance Specialist

Average monthly net salary in Estonia is
An employee's salary is influenced by several factors, primarily the region in which they work, length of experience, company size, and more.
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80% of people earn:
1,231 - 3,449 EUR
10% earn less lthan 1,231 EUR
10% earns more than 3,449 EUR

Salaries in the survey are expressed in net.

Based on the Palgad.ee salary survey, 80% of people on the Reinsurance Specialist position in the Estonia earn between 1,231 EUR and 3,449 EUR monthly net.

10% of employees earn less than 1,231 EUR and 10% of people earn more than 3,449 EUR.

The survey is based on data from employees, cleaned of extreme and duplicate values. By taking a free, anonymous survey, you will get a more accurate salary comparison with other people working in the same position as you.

Description of job position

  • Processing the proposals of the company’s actuarial capacity to ensure individual risk groups.
  • Drafting reinsurance program proposals (obligatory reinsurance).
  • Negotiating the terms of reinsurance agreements with reinsurers, and ensuring compliance.
  • Defining the parameters of reinsurance contracts in the information system.
  • Preparing specifications for the IT processing of reinsurance risks in the information system.
  • Ensuring commutation (termination) processes of proportional reinsurance contracts.
  • Providing expert consultation of policy conditions regarding individual business cases for departments developing insurance products.
  • Ensuring facultative reinsurance and special acceptances for individual risks.
  • Reimbursing premiums and settling the performance of reinsurers.
  • Preparing documents for accounting.
  • Preparing analyses and reports for the reinsurers, board, auditors, and supervising bodies of the company.

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The most common career path of an employee

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Position Reinsurance Specialist - Insurance in the labour market

In the salary ranking,
the job position takes

153. place

Women representation in position

n/a

Average age of respondent by position

n/a

672. place

Porter, Information Staff

General labour

Salary group 1

706 - 1,322 EUR

154. place

Bosun

Tourism, Gastronomy, Hotel Business

Salary group 2

1,417 - 3,179 EUR

153. place

Reinsurance Specialist

Insurance

Salary group 2

1,231 - 3,449 EUR

152. place

Roaming Specialist

Telecommunications

Salary group 2

1. place

Leasing Director

Leasing

Salary group 3

2,252 - 8,393 EUR

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