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An actuary is a professional who uses mathematical and statistical methods to assess and manage risks in various industries, primarily in insurance and finance. Actuaries analyze data, develop models, and make predictions to help organizations make informed decisions regarding investments, pricing, and risk management. They use their expertise to evaluate the likelihood and potential impact of future events, such as accidents, natural disasters, or changes in market conditions. Actuaries also play a crucial role in designing insurance policies and pension plans, ensuring they are financially sustainable and provide adequate coverage.
Estimated Yearly Salary: 324,017 MAD
Estimated Monthly Salary: 27,001 MAD
Estimated Weekly Salary: 6,231 MAD per week
Estimated Hourly Salary: 156 MAD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 26,078 MAD
Estimated Weekly Salary: 6,018 MAD per week
Estimated Hourly Salary: 150 MAD per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 29,352 USD
Estimated Monthly Salary: 2,446 USD
Estimated Weekly Salary: 564 USD per week
Estimated Hourly Salary: 14 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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: 324,017 MAD
Estimated Monthly Salary: 27,001 MAD
Estimated Weekly Salary: 6,231 MAD per week
Estimated Hourly Salary: 156 MAD per hour
By working as Actuary a person can save up to 1,846 USD per month or 22,152 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 Morocco, see costs of living in Morocco.
Estimated Yearly Salary for Actuary
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Senior geographic information systems (gis), remote sensing specialist (172,302 MAD per year, pre-tax.)
Locker room attendant (87,525 MAD per year, pre-tax.)
Broadcast technician (145,500 MAD per year, pre-tax.)
Self-enrichment education teacher (91,718 MAD per year, pre-tax.)
Logistics management specialist (184,500 MAD per year, pre-tax.)
Actuary salary in Morocco
Average Yearly Salary of Actuary in Morocco is approximately 324,017 MAD (29,352 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 Actuary do?
An actuary is a professional who uses mathematical and statistical methods to assess and manage risks in various industries, primarily in insurance and finance. Actuaries analyze data, develop models, and make predictions to help organizations make informed decisions regarding investments, pricing, and risk management. They use their expertise to evaluate the likelihood and potential impact of future events, such as accidents, natural disasters, or changes in market conditions. Actuaries also play a crucial role in designing insurance policies and pension plans, ensuring they are financially sustainable and provide adequate coverage.
Skills: Actuary, Risk management, Insurance, Finance, Mathematics, Statistics
Job industry: Insurance
Job industry: Insurance
How much does Actuary make?
Salary details
How much does Actuary make?Estimated Yearly Salary: 324,017 MAD
Estimated Monthly Salary: 27,001 MAD
Estimated Weekly Salary: 6,231 MAD per week
Estimated Hourly Salary: 156 MAD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 312,939 MADEstimated Monthly Salary: 26,078 MAD
Estimated Weekly Salary: 6,018 MAD per week
Estimated Hourly Salary: 150 MAD per hour
Last revision of data: 2024-01-03Actuary estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 29,352 USD
Estimated Monthly Salary: 2,446 USD
Estimated Weekly Salary: 564 USD per week
Estimated Hourly Salary: 14 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %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
Morocco is a country located in North Africa. It has a population of approximately 36 million people and covers an area of about 446,550 square kilometers. The country is known for its diverse landscapes, including the Atlas Mountains, Sahara Desert, and coastal regions.
Estimated national average yearly salary is 150,000 MAD (15,000 USD). Value indicated is pre-tax. Below graph shows estimated Actuary job salary compared to average salary in Morocco.
Comparison shows that a person working as Actuary in Morocco earns on average:
2.16 times the average salary (or 216% of average salary).
Estimated national average yearly salary is 150,000 MAD (15,000 USD). Value indicated is pre-tax. Below graph shows estimated Actuary job salary compared to average salary in Morocco.
Comparison shows that a person working as Actuary in Morocco earns on average:
2.16 times the average salary (or 216% of average salary).
Is Actuary a well paid job?
Yes, our data show that Actuary is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Actuary?
High salary for Actuary would be somewhere between 356,419 MAD and 469,825 MAD. However this is an estimation based on Gaussian Distribution.How much can you save working as Actuary in Morocco?
Living in Morocco the approximate monthly expenses are: 600 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: 324,017 MAD
Estimated Monthly Salary: 27,001 MAD
Estimated Weekly Salary: 6,231 MAD per week
Estimated Hourly Salary: 156 MAD per hour
By working as Actuary a person can save up to 1,846 USD per month or 22,152 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 Morocco, see costs of living in Morocco.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Algeria, Western Sahara, Spain. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Actuary
Algeria is 27,404 USD
Spain is 62,045 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 Morocco
(1,720,305 MAD per year, pre-tax.)
2. Cardiologist
(1,434,963 MAD per year, pre-tax.)
(1,385,679 MAD per year, pre-tax.)
4. Neurosurgeon
(1,340,476 MAD per year, pre-tax.)
(1,339,746 MAD per year, pre-tax.)
(1,312,948 MAD per year, pre-tax.)
(1,311,162 MAD per year, pre-tax.)
(1,309,794 MAD per year, pre-tax.)
9. Urologist
(1,309,746 MAD per year, pre-tax.)
(1,308,087 MAD per year, pre-tax.)
Data as of 2025Random salary:
Senior geographic information systems (gis), remote sensing specialist (172,302 MAD per year, pre-tax.)
Locker room attendant (87,525 MAD per year, pre-tax.)
Broadcast technician (145,500 MAD per year, pre-tax.)
Self-enrichment education teacher (91,718 MAD per year, pre-tax.)
Logistics management specialist (184,500 MAD per year, pre-tax.)
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