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Reinsurance Clerk salary in Israel

Average Yearly Salary of Reinsurance Clerk in Israel is approximately 229,770 ILS (57,506 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 Clerk do?

occupation personasA reinsurance clerk is responsible for providing administrative and clerical support in the reinsurance department of an insurance company. They assist in the processing of reinsurance contracts, policies, and claims, ensuring accuracy and compliance with regulations. Their duties may include maintaining reinsurance files, preparing reports and correspondence, and coordinating with underwriters and brokers. Reinsurance clerks also help in analyzing data, updating databases, and reconciling accounts. They play a crucial role in documenting and organizing reinsurance transactions, ensuring smooth operations and efficient workflow within the department.

Skills: Reinsurance, Clerk, Administrative support, Insurance industry, Data analysis, Compliance.
Job industry: Insurance


How much does Reinsurance Clerk make?

Salary details
How much does Reinsurance Clerk make?
Estimated Yearly Salary: 229,770 ILS
Estimated Monthly Salary: 19,148 ILS
Estimated Weekly Salary: 4,419 ILS per week
Estimated Hourly Salary: 110 ILS per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 221,596 ILS
Estimated Monthly Salary: 18,466 ILS
Estimated Weekly Salary: 4,261 ILS per week
Estimated Hourly Salary: 107 ILS per hour
Last revision of data: 2024-01-08



Reinsurance Clerk estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 57,506 USD
Estimated Monthly Salary: 4,792 USD
Estimated Weekly Salary: 1,106 USD per week
Estimated Hourly Salary: 28 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 4 %

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.

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Salary comparison to National average

Israel is a country located in the Middle East, bordered by Lebanon to the north, Syria to the northeast, Jordan to the east, and Egypt to the southwest. It has a diverse population of approximately 9 million people. The country covers an area of around 22,145 square kilometers (8,550 square miles). Israel is known for its rich history, cultural heritage, and religious significance.

Estimated national average yearly salary is 193,057 ILS (54,650 USD). Value indicated is pre-tax. Below graph shows estimated Reinsurance Clerk job salary compared to average salary in Israel.
Comparison shows that a person working as Reinsurance Clerk in Israel earns on average:
1.19 times the average salary (or 119% of average salary).

Is Reinsurance Clerk a well paid job?

Yes, our data show that Reinsurance Clerk is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Reinsurance Clerk?

High salary for Reinsurance Clerk would be somewhere between 252,747 ILS and 333,167 ILS. However this is an estimation based on Gaussian Distribution.

How much can you save working as Reinsurance Clerk in Israel?

Living in Israel the approximate monthly expenses are: 2,186 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: 229,770 ILS
Estimated Monthly Salary: 19,148 ILS
Estimated Weekly Salary: 4,419 ILS per week
Estimated Hourly Salary: 110 ILS per hour
By working as Reinsurance Clerk a person can save up to 2,606 USD per month or 31,274 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 Israel, see costs of living in Israel.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Lebanon, Syria, Jordan, Egypt.
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 Clerk

Lebanon is 8,736 USDdown arrow 85%
Details on Reinsurance Clerk salary in Lebanon
Syria is 3,845 USDdown arrow 93%
Details on Reinsurance Clerk salary in Syria
Jordan is 9,990 USDdown arrow 83%
Details on Reinsurance Clerk salary in Jordan
Egypt is 4,299 USDdown arrow 93%
Details on Reinsurance Clerk salary in Egypt
Last revision of data: 2025-01-04

Salary 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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Israel

(2,288,508 ILS per year, pre-tax.)
(1,903,781 ILS per year, pre-tax.)
(1,831,869 ILS per year, pre-tax.)
(1,783,011 ILS per year, pre-tax.)
(1,778,623 ILS per year, pre-tax.)
(1,740,307 ILS per year, pre-tax.)
(1,734,638 ILS per year, pre-tax.)
(1,730,943 ILS per year, pre-tax.)
(1,729,727 ILS per year, pre-tax.)
(1,729,273 ILS per year, pre-tax.)

Data as of 2025

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Please note:
The salary figures presented here are intended for informational purposes solely.
This website aggregates salary data for reference purposes only. We attempt to provide reliable figures, but do not assure their validity. Users are encouraged to consult alternative platforms before making financial choices. Salary ranges may fluctuate due to company policies, market demands, and skills. We accept no responsibility for inconsistencies in the salary information provided. Your engagement with this site indicates agreement of this policy.
This website presents salary estimates for informational purposes only. While we collect data from various providers, we cannot guarantee absolute accuracy. Users are encouraged to consult trusted platforms before making any career decisions. Salaries shift due to numerous factors, such as market demand, employer policies, and geographic location. We make no warranty regarding the validity of the displayed salary data. Your continued access of this site indicates your acceptance of these terms.