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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: 249,054 TRY
Estimated Monthly Salary: 20,755 TRY
Estimated Weekly Salary: 4,790 TRY per week
Estimated Hourly Salary: 120 TRY per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 20,104 TRY
Estimated Weekly Salary: 4,639 TRY per week
Estimated Hourly Salary: 116 TRY per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 13,165 USD
Estimated Monthly Salary: 1,097 USD
Estimated Weekly Salary: 253 USD per week
Estimated Hourly Salary: 6 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: 249,054 TRY
Estimated Monthly Salary: 20,755 TRY
Estimated Weekly Salary: 4,790 TRY per week
Estimated Hourly Salary: 120 TRY per hour
By working as Reinsurance Analyst a person can save up to 673 USD per month or 8,082 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 Turkey, see costs of living in Turkey.
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 Turkey
Average Yearly Salary of Reinsurance Analyst in Turkey is approximately 249,054 TRY (13,165 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: 249,054 TRY
Estimated Monthly Salary: 20,755 TRY
Estimated Weekly Salary: 4,790 TRY per week
Estimated Hourly Salary: 120 TRY per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 241,243 TRYEstimated Monthly Salary: 20,104 TRY
Estimated Weekly Salary: 4,639 TRY per week
Estimated Hourly Salary: 116 TRY per hour
Last revision of data: 2024-01-07Reinsurance Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 13,165 USD
Estimated Monthly Salary: 1,097 USD
Estimated Weekly Salary: 253 USD per week
Estimated Hourly Salary: 6 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
Turkey, officially known as the Republic of Turkey, is a transcontinental country located mainly on the Anatolian Peninsula in Western Asia, with a smaller portion on the Balkan Peninsula in Southeast Europe. It has a population of approximately 82 million people, making it one of the most populous countries in the world. The land area of Turkey is about 783,356 square kilometers, making it larger than many European countries.
Estimated national average yearly salary is 182,974 TRY (10,590 USD). Value indicated is pre-tax. Below graph shows estimated Reinsurance Analyst job salary compared to average salary in Turkey.
Comparison shows that a person working as Reinsurance Analyst in Turkey earns on average:
1.36 times the average salary (or 136% of average salary).
Estimated national average yearly salary is 182,974 TRY (10,590 USD). Value indicated is pre-tax. Below graph shows estimated Reinsurance Analyst job salary compared to average salary in Turkey.
Comparison shows that a person working as Reinsurance Analyst in Turkey earns on average:
1.36 times the average salary (or 136% 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 273,959 TRY and 361,128 TRY. However this is an estimation based on Gaussian Distribution.How much can you save working as Reinsurance Analyst in Turkey?
Living in Turkey the approximate monthly expenses are: 424 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: 249,054 TRY
Estimated Monthly Salary: 20,755 TRY
Estimated Weekly Salary: 4,790 TRY per week
Estimated Hourly Salary: 120 TRY per hour
By working as Reinsurance Analyst a person can save up to 673 USD per month or 8,082 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 Turkey, see costs of living in Turkey.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Greece, Bulgaria, Georgia, Armenia, Azerbaijan, Iran, Iraq, Syria.. 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
Greece is 27,070 USD
Iran is 9,832 USD
Iraq is 7,458 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 Turkey
(2,099,459 TRY per year, pre-tax.)
2. Cardiologist
(1,754,102 TRY per year, pre-tax.)
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5. Neurosurgeon
(1,632,934 TRY per year, pre-tax.)
(1,598,581 TRY per year, pre-tax.)
7. Oncologist
(1,595,801 TRY per year, pre-tax.)
(1,594,037 TRY per year, pre-tax.)
(1,593,001 TRY per year, pre-tax.)
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Data as of 2025Random salary:
Station boiler fireman (190,798 TRY per year, pre-tax.)
Laboratory technical supervisor (179,462 TRY per year, pre-tax.)
Air force senior airman air (149,131 TRY per year, pre-tax.)
Casino banker (80,515 TRY per year, pre-tax.)
Senior technical artist (491,014 TRY per year, pre-tax.)
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