Home > Salary > Singapore > 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: 166,347 SGD
Estimated Monthly Salary: 13,862 SGD
Estimated Weekly Salary: 3,199 SGD per week
Estimated Hourly Salary: 80 SGD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 13,429 SGD
Estimated Weekly Salary: 3,099 SGD per week
Estimated Hourly Salary: 77 SGD per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 83,640 USD
Estimated Monthly Salary: 6,970 USD
Estimated Weekly Salary: 1,608 USD per week
Estimated Hourly Salary: 40 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: 166,347 SGD
Estimated Monthly Salary: 13,862 SGD
Estimated Weekly Salary: 3,199 SGD per week
Estimated Hourly Salary: 80 SGD per hour
By working as Reinsurance Analyst a person can save up to 4,282 USD per month or 51,384 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 Singapore, see costs of living in Singapore.
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 Singapore
Average Yearly Salary of Reinsurance Analyst in Singapore is approximately 166,347 SGD (83,640 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: 166,347 SGD
Estimated Monthly Salary: 13,862 SGD
Estimated Weekly Salary: 3,199 SGD per week
Estimated Hourly Salary: 80 SGD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 161,146 SGDEstimated Monthly Salary: 13,429 SGD
Estimated Weekly Salary: 3,099 SGD per week
Estimated Hourly Salary: 77 SGD per hour
Last revision of data: 2024-01-03Reinsurance Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 83,640 USD
Estimated Monthly Salary: 6,970 USD
Estimated Weekly Salary: 1,608 USD per week
Estimated Hourly Salary: 40 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
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Country:
Salary comparison to National average
Singapore is a vibrant and cosmopolitan city-state located in Southeast Asia. With a population of approximately 5.7 million people, it is one of the most densely populated countries in the world. Despite its small size, measuring only 719 square kilometers, Singapore has become a global hub for trade, finance, and tourism.
Estimated national average yearly salary is 95,377 SGD (67,200 USD). Value indicated is pre-tax. Below graph shows estimated Reinsurance Analyst job salary compared to average salary in Singapore.
Comparison shows that a person working as Reinsurance Analyst in Singapore earns on average:
1.74 times the average salary (or 174% of average salary).
Estimated national average yearly salary is 95,377 SGD (67,200 USD). Value indicated is pre-tax. Below graph shows estimated Reinsurance Analyst job salary compared to average salary in Singapore.
Comparison shows that a person working as Reinsurance Analyst in Singapore earns on average:
1.74 times the average salary (or 174% 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 182,982 SGD and 241,203 SGD. However this is an estimation based on Gaussian Distribution.How much can you save working as Reinsurance Analyst in Singapore?
Living in Singapore the approximate monthly expenses are: 2,688 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: 166,347 SGD
Estimated Monthly Salary: 13,862 SGD
Estimated Weekly Salary: 3,199 SGD per week
Estimated Hourly Salary: 80 SGD per hour
By working as Reinsurance Analyst a person can save up to 4,282 USD per month or 51,384 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 Singapore, see costs of living in Singapore.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Malaysia, Indonesia. 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
Malaysia is 22,048 USD
Indonesia is 13,080 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 Singapore
(1,400,313 SGD per year, pre-tax.)
2. Cardiologist
(1,169,524 SGD per year, pre-tax.)
(1,129,281 SGD per year, pre-tax.)
(1,093,464 SGD per year, pre-tax.)
5. Neurosurgeon
(1,091,467 SGD per year, pre-tax.)
(1,068,249 SGD per year, pre-tax.)
7. Oncologist
(1,067,130 SGD per year, pre-tax.)
(1,066,002 SGD per year, pre-tax.)
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Data as of 2025Random salary:
Medical and public health social worker (83,432 SGD per year, pre-tax.)
United states postal worker (mail handler) (96,688 SGD per year, pre-tax.)
Resource teacher (67,420 SGD per year, pre-tax.)
Service technician copy machines (58,150 SGD per year, pre-tax.)
Maintenance area manager (164,076 SGD per year, pre-tax.)
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