A person working as a Reinsurance Analyst in South Africa will on average earn $8406 per year (pre-tax value). Salary is provided in USD ($/dollar) value.
Below is a break-down of yearly, monthly, weekly and hourly rate.
| Rate Type | Amount (USD) |
|---|---|
| Yearly salary | $8,406.00 |
| Weekly salary | $161.65 |
| Daily salary | $23.03 |
| Hourly salary | $2.88 |
This means reinsurance analyst salary is above average!
Job Industry: insurance
Description: A reinsurance analyst is responsible for analyzing and evaluating the risks associated with insurance policies and determining the appropriate level of reinsurance coverage required. They assess the financial stability and performance of insurance companies, analyze data and trends to identify potential risks and opportunities, and develop strategies to mitigate those risks. Reinsurance analysts also collaborate with underwriters and actuaries to design reinsurance programs that align with the company's risk appetite and profitability goals. They monitor and review reinsurance contracts, ensuring compliance with regulatory requirements and negotiating terms and conditions as necessary. Additionally, they provide reports and recommendations to senior management, contribute to the development of pricing models, and stay updated on industry trends and market conditions.
Tagged with: Reinsurance, Analyst, Risk assessment, Data analysis, Reinsurance contracts, Insurance industry.