Refund Specialist salary in Monaco

Average Yearly Salary of Refund Specialist in Monaco is approximately 121,784 EUR (121,905 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 Refund Specialist do?

A refund specialist is responsible for managing and processing refund requests from customers. They work closely with the customer service team to investigate and resolve refund claims, ensuring that they are handled in a timely and efficient manner. The refund specialist analyzes customer accounts, verifies purchase information, and determines if a refund is warranted based on company policies. They may also communicate with customers to gather additional information or provide updates on the status of their refund. Attention to detail is crucial in this role, as the specialist must accurately document refund transactions and maintain records. Strong communication and problem-solving skills are essential to effectively resolve customer concerns and ensure customer satisfaction.

Skills: refund specialist, customer service, financial transactions, problem-solving, attention to detail, customer satisfaction
Job industry: Finance

How much does Refund Specialist make?

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


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Salary comparison to National average

Is Refund Specialist a well paid job?

No, our data shows that Refund Specialist is typically not a well-paid job. The salary varies based on experience. Meaning that even though Refund Specialist might be a low paying job, with experience the salary might increase to satisfactory levels.

What is considered a high salary for Refund Specialist?

High salary for Refund Specialist would be somewhere between 133,962 EUR and 176,587 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Refund Specialist in Monaco?

Living in Monaco the approximate monthly expenses are: 7,443 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: 121,784 EUR
Estimated Monthly Salary: 10,149 EUR
Estimated Weekly Salary: 2,342 EUR per week
Estimated Hourly Salary: 59 EUR per hour
By working as Refund Specialist a person can save up to 2,716 USD per month or 32,587 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 Monaco, see costs of living in Monaco.

Salary comparison to region and neighbouring coutries

Country's neighbours are: France, Italy.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Refund Specialist

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 +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 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 Monaco

Data as of 2025

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