logo
Gross monthly salary in Nigeria is
100K
200K
 
10% earn less 87K NGN
10% earns more 289K NGN
Compare your salary with others
The displayed value is just for information. Compare your salary with others to see more detailed information.

Description of job position

  • Processing the proposals of the company’s actuarial capacity to ensure individual risk groups.
  • Drafting reinsurance program proposals (obligatory reinsurance).
  • Negotiating the terms of reinsurance agreements with reinsurers, and ensuring compliance.
  • Defining the parameters of reinsurance contracts in the information system.
  • Preparing specifications for the IT processing of reinsurance risks in the information system.
  • Ensuring commutation (termination) processes of proportional reinsurance contracts.
  • Providing expert consultation of policy conditions regarding individual business cases for departments developing insurance products.
  • Ensuring facultative reinsurance and special acceptances for individual risks.
  • Reimbursing premiums and settling the performance of reinsurers.
  • Preparing documents for accounting.
  • Preparing analyses and reports for the reinsurers, board, auditors, and supervising bodies of the company.

For companies – be confident when making decisions about salaries

Set the salaries of your employees fairly. A detailed salary report will help you to do this. You will always have relevant salary data to hand.

Try the Salary Tool for free

Position Reinsurance Specialist - Insurance in the labour market

In the salary ranking,
the job position takes

Women representation in position

Average age of respondent by position

759. place

Nursery School Teacher Assistant

Education, Science & Research

Salary group 1

45,648 - 100,755 NGN

229. place

Geographic Information Systems Engineer

Technology, Development

Salary group 2

101,688 - 267,128 NGN

228. place

Reinsurance Specialist

Insurance

Salary group 2

86,989 - 288,766 NGN

227. place

Quality Engineer

Quality Management

Salary group 2

96,581 - 275,999 NGN

1. place

Chief Executive Officer

Top Management

Salary group 3

207,021 - 1,215,488 NGN

Is this salary range too huge?

You can find out the average salary in your region by filling out a short questionnaire

Compare your salary with others

Get detailed information on salaries in your country

Set fair employee remuneration
professional report icon

Pro

Salary report for the company

59 EUR*

Approximately 61 USD

* incl. VAT / 49 EUR excl. VAT

Order the report

Sample of the report →

  • Salary on position by region*, education, practice, business size
  • Total salary and its components* (variable component, commissions, rewards)
  • Responder distribution to payroll
  • Salary ranges expressed by 1st decile, 1st quartile, median, 3rd quartile, 9th decile, and average wage.
  • Detailed breakdown of all monitored non-financial benefits provided*
  • Financial benefit analysis*
  • * available when regression model is used