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Average gross monthly salary in El Salvador is
4,000
5,000
6,000
7,000
8,000
9,000
 
10% 2,723 SVC
90% 9,661 SVC
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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.

Position Reinsurance Specialist - Insurance in the labour market

The job position is
in the salary ranking of

Women representation in position

Average age of respondent by position

742. place

Nursery School Teacher Assistant

Education, Science & Research

Salary group 1

1,506 - 3,294 SVC

209. place

Sales Officer

Commerce

Salary group 2

3,287 - 8,842 SVC

208. place

Reinsurance Specialist

Insurance

Salary group 2

2,723 - 9,661 SVC

207. place

Process Engineer

Mechanical Engineering

Salary group 2

3,250 - 8,922 SVC

1. place

Chief Executive Officer

Top Management

Salary group 3

7,911 - 33,141 SVC

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Salary report for employee

9.00 SVC

Approximately 10.52 USD
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Salary report for the company

58.80 SVC*

Approximately 68.75 USD

* incl. VAT / 49.00 EUR excl. VAT

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  • Salary on position by region*, education, practice, business size
  • Total salary and its components* (variable component, commissions, rewards)
  • Responder distribution to payroll
  • Salary ranges expressed by 1st decile, 1st quartile, median, 3rd quartile, 9th decile, and average wage.
  • Detailed breakdown of all monitored non-financial benefits provided*
  • Financial benefit analysis*
  • * available when regression model is used