Home > Salary > Morocco > Insurance Broker
An insurance broker is a professional who acts as an intermediary between individuals or businesses seeking insurance coverage and insurance companies. They assess the insurance needs of their clients, analyze various insurance policies and options available in the market, and provide advice on the most suitable coverage for their clients' specific requirements. Insurance brokers help clients understand the terms and conditions of policies, assist in completing paperwork, and negotiate with insurance companies to secure the best possible coverage at competitive rates. They also provide ongoing support to clients, helping them with claims processing and policy renewals.
Estimated Yearly Salary: 233,281 MAD
Estimated Monthly Salary: 19,440 MAD
Estimated Weekly Salary: 4,486 MAD per week
Estimated Hourly Salary: 112 MAD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 18,735 MAD
Estimated Weekly Salary: 4,323 MAD per week
Estimated Hourly Salary: 108 MAD per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 21,111 USD
Estimated Monthly Salary: 1,759 USD
Estimated Weekly Salary: 406 USD per week
Estimated Hourly Salary: 10 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: 233,281 MAD
Estimated Monthly Salary: 19,440 MAD
Estimated Weekly Salary: 4,486 MAD per week
Estimated Hourly Salary: 112 MAD per hour
By working as Insurance Broker a person can save up to 1,159 USD per month or 13,911 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 Insurance Broker
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Human factors engineer (264,374 MAD per year, pre-tax.)
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Insurance Broker salary in Morocco
Average Yearly Salary of Insurance Broker in Morocco is approximately 233,281 MAD (21,111 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 Broker do?
An insurance broker is a professional who acts as an intermediary between individuals or businesses seeking insurance coverage and insurance companies. They assess the insurance needs of their clients, analyze various insurance policies and options available in the market, and provide advice on the most suitable coverage for their clients' specific requirements. Insurance brokers help clients understand the terms and conditions of policies, assist in completing paperwork, and negotiate with insurance companies to secure the best possible coverage at competitive rates. They also provide ongoing support to clients, helping them with claims processing and policy renewals.
Skills: Insurance, Brokerage, Risk management, Client service, Insurance policies, Intermediary.
Job industry: Insurance
Job industry: Insurance
How much does Insurance Broker make?
Salary details
How much does Insurance Broker make?Estimated Yearly Salary: 233,281 MAD
Estimated Monthly Salary: 19,440 MAD
Estimated Weekly Salary: 4,486 MAD per week
Estimated Hourly Salary: 112 MAD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 224,818 MADEstimated Monthly Salary: 18,735 MAD
Estimated Weekly Salary: 4,323 MAD per week
Estimated Hourly Salary: 108 MAD per hour
Last revision of data: 2024-01-09Insurance Broker estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 21,111 USD
Estimated Monthly Salary: 1,759 USD
Estimated Weekly Salary: 406 USD per week
Estimated Hourly Salary: 10 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
Please type in your occupation and select desired country to see latest trends in salaries.
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 Insurance Broker job salary compared to average salary in Morocco.
Comparison shows that a person working as Insurance Broker in Morocco earns on average:
1.56 times the average salary (or 156% of average salary).
Estimated national average yearly salary is 150,000 MAD (15,000 USD). Value indicated is pre-tax. Below graph shows estimated Insurance Broker job salary compared to average salary in Morocco.
Comparison shows that a person working as Insurance Broker in Morocco earns on average:
1.56 times the average salary (or 156% of average salary).
Is Insurance Broker a well paid job?
Yes, our data shows that Insurance Broker is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Insurance Broker?
High salary for Insurance Broker would be somewhere between 256,609 MAD and 338,257 MAD. However this is an estimation based on Gaussian Distribution.How much can you save working as Insurance Broker 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: 233,281 MAD
Estimated Monthly Salary: 19,440 MAD
Estimated Weekly Salary: 4,486 MAD per week
Estimated Hourly Salary: 112 MAD per hour
By working as Insurance Broker a person can save up to 1,159 USD per month or 13,911 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 Insurance Broker
Algeria is 19,699 USD
Spain is 44,681 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:
Talent producer (137,842 MAD per year, pre-tax.)
Treasury manager (250,500 MAD per year, pre-tax.)
Human factors engineer (264,374 MAD per year, pre-tax.)
Interactive media specialist (131,215 MAD per year, pre-tax.)
Assistant district attorney (221,210 MAD per year, pre-tax.)
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