Reinsurance and Stoploss Representative Salary in Arkansas - State Average

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Average Salary for Reinsurance and Stoploss Representative in Arkansas - State Average

The average salary of a(n) Reinsurance and Stoploss Representative in Arkansas - State Average is $53,546.

The average hourly rate of a(n) Reinsurance and Stoploss Representative in Arkansas - State Average is $25.74.

The average bonus of a(n) Reinsurance and Stoploss Representative in Arkansas - State Average is $1,108.00.

Job Description:

Sells reinsurance and stoploss reinsurance products in an assigned territory. Reviews reinsurance applications and contracts and ascertains reinsurance liability. Ascertains the amount of risk on each item that needs to be reinsured by other insurers or ascertains the amount of risk on each item the company is willing to reinsure from prime insurer, in consideration of liability limits. Selects reinsurers who may accept part of ceded liability. Accepts reinsurers and their liability for cash values and dividends. Monitors sales progress with the goal of meeting or exceeding quarterly and annual sales goals for assigned geographical area. Creates and implements corporate sales and marketing initiatives. Develops specific sales strategies to increase revenue and new business in assigned territory to meet growth targets. Collaborates with others to maximize sales opportunities with in the assigned territory. Serves as the reinsurance and stoploss subject matter expert for other internal resources with in assigned territory. May sell insurance through TPA's and Insurance Brokers. Less

Sells reinsurance and stoploss reinsurance products in an assigned territory. Reviews reinsurance applications and contracts and ascertains reinsurance liability. Ascertains the amount of risk on each item that needs to be reinsured by other insurers or ascertains the amount of... More

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