How much does a Reinsurance Clerk make in Connecticut? The average Reinsurance Clerk salary in Connecticut is $55,002 as of February 26, 2024, but the range typically falls between $51,429 and $60,887. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Reinsurance Clerk Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Reinsurance Clerk Salary $48,176 CT February 26, 2024
25th Percentile Reinsurance Clerk Salary $51,429 CT February 26, 2024
50th Percentile Reinsurance Clerk Salary $55,002 CT February 26, 2024
75th Percentile Reinsurance Clerk Salary $60,887 CT February 26, 2024
90th Percentile Reinsurance Clerk Salary $66,245 CT February 26, 2024
25% $51,429 10% $48,176 90% $66,245 75% $60,887 $55,002 50%(Median) Didn’t find job title? Click
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What skills does a Reinsurance Clerk need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Initiative: Taking decisive action and initiating plans independently to address problems, improve professional life, and achieve goals.

2.

Life Insurance: Life Insurance can be defined as a contract between an insurance policy holder and an insurance company, where the insurer promises to pay a sum of money in exchange for a premium, upon the death of an insured person or after a set period

3.

Data Analysis: Data analysis is a process of inspecting, cleansing, transforming, and modeling data with the goal of discovering useful information, informing conclusions, and supporting decision-making. Data analysis has multiple facets and approaches, encompassing diverse techniques under a variety of names, and is used in different business, science, and social science domains. In today's business world, data analysis plays a role in making decisions more scientific and helping businesses operate more effectively. Data mining is a particular data analysis technique that focuses on modeling and knowledge discovery for predictive rather than purely descriptive purposes, while business intelligence covers data analysis that relies heavily on aggregation, focusing mainly on business information. In statistical applications, data analysis can be divided into descriptive statistics, exploratory data analysis (EDA), and confirmatory data analysis (CDA). EDA focuses on discovering new features in the data while CDA focuses on confirming or falsifying existing hypotheses. Predictive analytics focuses on application of statistical models for predictive forecasting or classification, while text analytics applies statistical, linguistic, and structural techniques to extract and classify information from textual sources, a species of unstructured data. All of the above are varieties of data analysis.

Initiative 4.18%
Life Insurance 1.93%
Data Analysis 0.64%
Others 93.25%

Job Description for Reinsurance Clerk

Reinsurance Clerk performs routine reinsurance clerical duties, such as maintaining records, processing, and verifying new business. Performs basic accounting activities such as calculations and preparation of billing statements and financial reports. Being a Reinsurance Clerk verifies the policies of reinsurance clients and reviews company records to determine correct coverage. May coordinate the exchange of underwriting information between the reinsurance market and the underwriting staff. Additionally, Reinsurance Clerk may process monthly premium billing statements and other reports. Requires a high school diploma or its equivalent. Typically reports to a supervisor or manager. The Reinsurance Clerk possesses a moderate understanding of general aspects of the job. Works under the close direction of senior personnel in the functional area. May require 0-1 year of general work experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Reinsurance Clerk in Connecticut

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Location Avg. Salary Date Updated
Location New London, CT Avg. Salary $54,385 Date Updated February 26, 2024
Location Norwich, CT Avg. Salary $54,517 Date Updated February 26, 2024
Location West Haven, CT Avg. Salary $55,303 Date Updated February 26, 2024
Location Abington, CT Avg. Salary $54,019 Date Updated February 26, 2024
Location Amston, CT Avg. Salary $54,742 Date Updated February 26, 2024
Location Andover, CT Avg. Salary $55,155 Date Updated February 26, 2024
Location Ansonia, CT Avg. Salary $55,303 Date Updated February 26, 2024
Location Ashford, CT Avg. Salary $54,067 Date Updated February 26, 2024
Location Avon, CT Avg. Salary $55,257 Date Updated February 26, 2024
Location Ballouville, CT Avg. Salary $53,939 Date Updated February 26, 2024

Career Path for Reinsurance Clerk

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Reinsurance Clerk, the upper level is Enrollment & Billing Representative II and then progresses to Enrollment & Billing Supervisor.

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Reinsurance Clerk Salary in Connecticut
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