There is more than meets the eye when it comes to being a Reinsurance Claims Analyst. For example, did you know that they make an average of $37.55 an hour? That's $78,108 a year!
Between 2018 and 2028, the career is expected to grow -4% and produce -13,000 job opportunities across the U.S.
There are certain skills that many Reinsurance Claims Analysts have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed Analytical skills, Communication skills and Detail oriented.
When it comes to the most important skills required to be a Reinsurance Claims Analyst, we found that a lot of resumes listed 19.9% of Reinsurance Claims Analysts included Financial Statements, while 14.2% of resumes included Stop Loss, and 7.9% of resumes included Insurance Companies. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the Reinsurance Claims Analyst job title. But what industry to start with? Most Reinsurance Claims Analysts actually find jobs in the Insurance and Media industries.
If you're interested in becoming a Reinsurance Claims Analyst, one of the first things to consider is how much education you need. We've determined that 52.9% of Reinsurance Claims Analysts have a bachelor's degree. In terms of higher education levels, we found that 24.6% of Reinsurance Claims Analysts have master's degrees. Even though most Reinsurance Claims Analysts have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a Reinsurance Claims Analyst. When we researched the most common majors for a Reinsurance Claims Analyst, we found that they most commonly earn Business degrees or Finance degrees. Other degrees that we often see on Reinsurance Claims Analyst resumes include Accounting degrees or Management degrees.
You may find that experience in other jobs will help you become a Reinsurance Claims Analyst. In fact, many Reinsurance Claims Analyst jobs require experience in a role such as Claim Processor. Meanwhile, many Reinsurance Claims Analysts also have previous career experience in roles such as Claim Specialist or Claims Representative.