Home > Salary > Ecuador > Reinsurance Analyst
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.
Estimated Yearly Salary: 220,698,156 ECS
Estimated Monthly Salary: 18,391,513 ECS
Estimated Weekly Salary: 4,244,195 ECS per week
Estimated Hourly Salary: 106,105 ECS per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 17,824,866 ECS
Estimated Weekly Salary: 4,113,431 ECS per week
Estimated Hourly Salary: 102,836 ECS per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 7,838 USD
Estimated Monthly Salary: 653 USD
Estimated Weekly Salary: 151 USD per week
Estimated Hourly Salary: 4 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 220,698,156 ECS
Estimated Monthly Salary: 18,391,513 ECS
Estimated Weekly Salary: 4,244,195 ECS per week
Estimated Hourly Salary: 106,105 ECS per hour
By working as Reinsurance Analyst a person can save up to 401 USD per month or 4,809 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Ecuador, see costs of living in Ecuador.
Estimated Yearly Salary for Reinsurance Analyst
Last revision of data: 2025-01-04
Data as of 2025
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Reinsurance Analyst salary in Ecuador
Average Yearly Salary of Reinsurance Analyst in Ecuador is approximately 220,698,156 ECS (7,838 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Reinsurance Analyst do?
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.
Skills: Reinsurance, Analyst, Risk assessment, Data analysis, Reinsurance contracts, Insurance industry.
Job industry: Insurance
Job industry: Insurance
How much does Reinsurance Analyst make?
Salary details
How much does Reinsurance Analyst make?Estimated Yearly Salary: 220,698,156 ECS
Estimated Monthly Salary: 18,391,513 ECS
Estimated Weekly Salary: 4,244,195 ECS per week
Estimated Hourly Salary: 106,105 ECS per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 213,898,386 ECSEstimated Monthly Salary: 17,824,866 ECS
Estimated Weekly Salary: 4,113,431 ECS per week
Estimated Hourly Salary: 102,836 ECS per hour
Last revision of data: 2024-01-05Reinsurance Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 7,838 USD
Estimated Monthly Salary: 653 USD
Estimated Weekly Salary: 151 USD per week
Estimated Hourly Salary: 4 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
Please type in your occupation and select desired country to see latest trends in salaries.
Country:
Salary comparison to National average
Ecuador is a country located in South America, bordered by Colombia to the north, Peru to the east and south, and the Pacific Ocean to the west. It has a population of approximately 17 million people and covers an area of about 283,561 square kilometers.
Estimated national average yearly salary is 163,662,470 ECS (6,310 USD). Value indicated is pre-tax. Below graph shows estimated Reinsurance Analyst job salary compared to average salary in Ecuador.
Comparison shows that a person working as Reinsurance Analyst in Ecuador earns on average:
1.35 times the average salary (or 135% of average salary).
Estimated national average yearly salary is 163,662,470 ECS (6,310 USD). Value indicated is pre-tax. Below graph shows estimated Reinsurance Analyst job salary compared to average salary in Ecuador.
Comparison shows that a person working as Reinsurance Analyst in Ecuador earns on average:
1.35 times the average salary (or 135% of average salary).
Is Reinsurance Analyst a well paid job?
Yes, our data shows that Reinsurance Analyst is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Reinsurance Analyst?
High salary for Reinsurance Analyst would be somewhere between 242,767,972 ECS and 320,012,326 ECS. However this is an estimation based on Gaussian Distribution.How much can you save working as Reinsurance Analyst in Ecuador?
Living in Ecuador the approximate monthly expenses are: 252 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 220,698,156 ECS
Estimated Monthly Salary: 18,391,513 ECS
Estimated Weekly Salary: 4,244,195 ECS per week
Estimated Hourly Salary: 106,105 ECS per hour
By working as Reinsurance Analyst a person can save up to 401 USD per month or 4,809 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Ecuador, see costs of living in Ecuador.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Colombia, Peru. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Reinsurance Analyst
Colombia is 8,088 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Ecuador
(1,855,980,438 ECS per year, pre-tax.)
2. Cardiologist
(1,555,155,042 ECS per year, pre-tax.)
(1,492,481,780 ECS per year, pre-tax.)
4. Neurosurgeon
(1,451,252,556 ECS per year, pre-tax.)
(1,445,038,889 ECS per year, pre-tax.)
(1,418,984,151 ECS per year, pre-tax.)
(1,418,715,651 ECS per year, pre-tax.)
(1,416,409,138 ECS per year, pre-tax.)
9. Oncologist
(1,414,323,101 ECS per year, pre-tax.)
10. Urologist
(1,413,729,680 ECS per year, pre-tax.)
Data as of 2025Random salary:
Senior vice president general counsel corporate secretary (616,056,962 ECS per year, pre-tax.)
Web architect (336,852,971 ECS per year, pre-tax.)
Call center supervisor (144,028,161 ECS per year, pre-tax.)
Flight mechanic (194,760,933 ECS per year, pre-tax.)
Proposal writer (175,126,624 ECS per year, pre-tax.)
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