Insurance

Reinsurance Specialist

Average monthly net salary in Estonia is

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80% of people earn:

1,204 - 3,507 EUR

10% earn less lthan 1,204 EUR

10% earns more than 3,507 EUR

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What does the data in the graph mean?

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 1,204 EUR and 3,507 EUR monthly net.

10% of employees earn less than 1,204 EUR and 10% of people earn more than 3,507 EUR.

The survey is based on data from employees, cleaned of extreme and duplicate values.

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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Position Reinsurance Specialist - Insurance in the labour market

In the salary ranking,
the job position takes

152. place

Women representation in position

n/a

Average age of respondent by position

n/a

672. place

Kitchen Helper

Tourism, Gastronomy, Hotel Business

706 - 1,350 EUR

153. place

Compliance Specialist

Banking

1,537 - 3,568 EUR

152. place

Reinsurance Specialist

Insurance

1,204 - 3,507 EUR

151. place

Department Director

Public Administration, Self-governance

1,433 - 3,017 EUR

1. place

Leasing Director

Leasing

1,997 - 8,727 EUR

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The salary report contains:

Salary for the position by region, education, experience, company size, age
Distribution of respondents into wage bands
Salary range from 1st to 9th decile
A breakdown of all monitored non-financial benefits
Analysis of financial benefits

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