Home > Salary > Bahrain > Insurance Contract Specialist
An insurance contract specialist is responsible for reviewing and analyzing insurance policies and contracts to ensure accuracy and compliance with regulatory requirements. They assess risk factors, terms, and conditions, and make recommendations for policy changes or enhancements. They also collaborate with underwriters and claims adjusters to resolve any discrepancies or issues that may arise during the policy lifecycle. Additionally, they provide guidance and support to clients regarding policy coverage, claims procedures, and policy renewals.
Estimated Yearly Salary: 47,104 BHD
Estimated Monthly Salary: 3,925 BHD
Estimated Weekly Salary: 906 BHD per week
Estimated Hourly Salary: 23 BHD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 3,796 BHD
Estimated Weekly Salary: 876 BHD per week
Estimated Hourly Salary: 22 BHD per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 15,729 USD
Estimated Monthly Salary: 1,311 USD
Estimated Weekly Salary: 302 USD per week
Estimated Hourly Salary: 8 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: 47,104 BHD
Estimated Monthly Salary: 3,925 BHD
Estimated Weekly Salary: 906 BHD per week
Estimated Hourly Salary: 23 BHD per hour
By working as Insurance Contract Specialist a person can save up to 596 USD per month or 7,156 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 Bahrain, see costs of living in Bahrain.
Estimated Yearly Salary for Insurance Contract Specialist
United Arab Emirates is 43,209 USD 175%
Details on Insurance Contract Specialist salary in United Arab Emirates Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Ocean import (42,437 BHD per year, pre-tax.)
Payroll benefits supervisor (53,008 BHD per year, pre-tax.)
Associate merchant (67,154 BHD per year, pre-tax.)
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Insurance Contract Specialist salary in Bahrain
Average Yearly Salary of Insurance Contract Specialist in Bahrain is approximately 47,104 BHD (15,729 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 Insurance Contract Specialist do?
An insurance contract specialist is responsible for reviewing and analyzing insurance policies and contracts to ensure accuracy and compliance with regulatory requirements. They assess risk factors, terms, and conditions, and make recommendations for policy changes or enhancements. They also collaborate with underwriters and claims adjusters to resolve any discrepancies or issues that may arise during the policy lifecycle. Additionally, they provide guidance and support to clients regarding policy coverage, claims procedures, and policy renewals.
Skills: insurance, contract specialist, risk assessment, policy analysis, compliance, claims processing
Job industry: Insurance
Job industry: Insurance
How much does Insurance Contract Specialist make?
Salary details
How much does Insurance Contract Specialist make?Estimated Yearly Salary: 47,104 BHD
Estimated Monthly Salary: 3,925 BHD
Estimated Weekly Salary: 906 BHD per week
Estimated Hourly Salary: 23 BHD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 45,555 BHDEstimated Monthly Salary: 3,796 BHD
Estimated Weekly Salary: 876 BHD per week
Estimated Hourly Salary: 22 BHD per hour
Last revision of data: 2024-01-03Insurance Contract Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 15,729 USD
Estimated Monthly Salary: 1,311 USD
Estimated Weekly Salary: 302 USD per week
Estimated Hourly Salary: 8 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
Bahrain is a small island country located in the Persian Gulf. It has a population of approximately 1.7 million people and covers an area of about 765 square kilometers. The country is known for its diverse population, with Bahrainis making up the majority, along with expatriates from various countries.
Estimated national average yearly salary is 47,329 BHD (17,860 USD). Value indicated is pre-tax. Below graph shows estimated Insurance Contract Specialist job salary compared to average salary in Bahrain.
Comparison shows that a person working as Insurance Contract Specialist in Bahrain earns on average:
1 times the average salary (or 100% of average salary).
Estimated national average yearly salary is 47,329 BHD (17,860 USD). Value indicated is pre-tax. Below graph shows estimated Insurance Contract Specialist job salary compared to average salary in Bahrain.
Comparison shows that a person working as Insurance Contract Specialist in Bahrain earns on average:
1 times the average salary (or 100% of average salary).
Is Insurance Contract Specialist a well paid job?
Yes, our data show that Insurance Contract Specialist 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 Insurance Contract Specialist?
High salary for Insurance Contract Specialist would be somewhere between 51,814 BHD and 68,301 BHD. However this is an estimation based on Gaussian Distribution.How much can you save working as Insurance Contract Specialist in Bahrain?
Living in Bahrain the approximate monthly expenses are: 714 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: 47,104 BHD
Estimated Monthly Salary: 3,925 BHD
Estimated Weekly Salary: 906 BHD per week
Estimated Hourly Salary: 23 BHD per hour
By working as Insurance Contract Specialist a person can save up to 596 USD per month or 7,156 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 Bahrain, see costs of living in Bahrain.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Saudi Arabia, Qatar, United Arab Emirates, Iran. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Insurance Contract Specialist
Saudi Arabia is 24,291 USD
Qatar is 61,968 USDUnited Arab Emirates is 43,209 USD 175%Details on Insurance Contract Specialist salary in United Arab Emirates
Iran is 6,927 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 Bahrain
(558,713 BHD per year, pre-tax.)
2. Cardiologist
(465,639 BHD per year, pre-tax.)
(451,143 BHD per year, pre-tax.)
(434,438 BHD per year, pre-tax.)
5. Neurosurgeon
(434,281 BHD per year, pre-tax.)
(426,541 BHD per year, pre-tax.)
7. Urologist
(426,427 BHD per year, pre-tax.)
(425,832 BHD per year, pre-tax.)
9. Oncologist
(425,216 BHD per year, pre-tax.)
10. Plastic surgeon
(425,203 BHD per year, pre-tax.)
Data as of 2025Random salary:
Applications engineer manufacturing (75,924 BHD per year, pre-tax.)
Ocean import (42,437 BHD per year, pre-tax.)
Payroll benefits supervisor (53,008 BHD per year, pre-tax.)
Associate merchant (67,154 BHD per year, pre-tax.)
Washroom operator (25,928 BHD per year, pre-tax.)
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