Reinsurance Clerk salary in United Kingdom

Average Yearly Salary of Reinsurance Clerk in United Kingdom is approximately 40,111 GBP (47,187 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?

A 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?

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


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Salary comparison to National average

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 44,122 GBP and 58,161 GBP. However this is an estimation based on Gaussian Distribution.

How much can you save working as Reinsurance Clerk in United Kingdom?

Living in United Kingdom the approximate monthly expenses are: 1,956 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: 40,111 GBP
Estimated Monthly Salary: 3,343 GBP
Estimated Weekly Salary: 771 GBP per week
Estimated Hourly Salary: 19 GBP per hour
By working as Reinsurance Clerk a person can save up to 1,977 USD per month or 23,720 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 United Kingdom, see costs of living in United Kingdom.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Ireland.
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

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 United Kingdom

Data as of 2025

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