Home > Salary > Morocco > Insurance Director
An insurance director is a high-level executive responsible for overseeing the operations and strategic direction of an insurance company. They play a critical role in managing all aspects of the insurance business, including underwriting, claims, sales, marketing, and risk management. The insurance director sets goals, formulates policies, and develops strategies to ensure the company's profitability and growth. They collaborate with other departments to evaluate risks, design insurance products, and create pricing models. Additionally, they monitor industry trends, regulatory changes, and competitive landscapes to make informed decisions and stay ahead of the market. Strong leadership, analytical skills, and extensive knowledge of insurance principles are essential for success in this role.
Estimated Yearly Salary: 362,415 MAD
Estimated Monthly Salary: 30,201 MAD
Estimated Weekly Salary: 6,970 MAD per week
Estimated Hourly Salary: 174 MAD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 29,076 MAD
Estimated Weekly Salary: 6,710 MAD per week
Estimated Hourly Salary: 168 MAD per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 32,819 USD
Estimated Monthly Salary: 2,735 USD
Estimated Weekly Salary: 631 USD per week
Estimated Hourly Salary: 16 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: 362,415 MAD
Estimated Monthly Salary: 30,201 MAD
Estimated Weekly Salary: 6,970 MAD per week
Estimated Hourly Salary: 174 MAD per hour
By working as Insurance Director a person can save up to 2,135 USD per month or 25,619 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 Director
Last revision of data: 2025-01-04
Data as of 2025
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Insurance Director salary in Morocco
Average Yearly Salary of Insurance Director in Morocco is approximately 362,415 MAD (32,819 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 Director do?
An insurance director is a high-level executive responsible for overseeing the operations and strategic direction of an insurance company. They play a critical role in managing all aspects of the insurance business, including underwriting, claims, sales, marketing, and risk management. The insurance director sets goals, formulates policies, and develops strategies to ensure the company's profitability and growth. They collaborate with other departments to evaluate risks, design insurance products, and create pricing models. Additionally, they monitor industry trends, regulatory changes, and competitive landscapes to make informed decisions and stay ahead of the market. Strong leadership, analytical skills, and extensive knowledge of insurance principles are essential for success in this role.
Skills: Insurance director, Executive role, Strategic planning, Risk management, Profitability, Leadership
Job industry: Insurance
Job industry: Insurance
How much does Insurance Director make?
Salary details
How much does Insurance Director make?Estimated Yearly Salary: 362,415 MAD
Estimated Monthly Salary: 30,201 MAD
Estimated Weekly Salary: 6,970 MAD per week
Estimated Hourly Salary: 174 MAD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 348,909 MADEstimated Monthly Salary: 29,076 MAD
Estimated Weekly Salary: 6,710 MAD per week
Estimated Hourly Salary: 168 MAD per hour
Last revision of data: 2024-01-07Insurance Director estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 32,819 USD
Estimated Monthly Salary: 2,735 USD
Estimated Weekly Salary: 631 USD per week
Estimated Hourly Salary: 16 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 Insurance Director job salary compared to average salary in Morocco.
Comparison shows that a person working as Insurance Director in Morocco earns on average:
2.42 times the average salary (or 242% 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 Director job salary compared to average salary in Morocco.
Comparison shows that a person working as Insurance Director in Morocco earns on average:
2.42 times the average salary (or 242% of average salary).
Is Insurance Director a well paid job?
Yes, our data show that Insurance Director 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 Insurance Director?
High salary for Insurance Director would be somewhere between 398,657 MAD and 525,502 MAD. However this is an estimation based on Gaussian Distribution.How much can you save working as Insurance Director 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: 362,415 MAD
Estimated Monthly Salary: 30,201 MAD
Estimated Weekly Salary: 6,970 MAD per week
Estimated Hourly Salary: 174 MAD per hour
By working as Insurance Director a person can save up to 2,135 USD per month or 25,619 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 Director
Algeria is 30,572 USD
Spain is 69,091 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:
Technical salesservice representative telecommunications (154,500 MAD per year, pre-tax.)
Senior legislative assistant (139,167 MAD per year, pre-tax.)
Satellite antenna installer (131,296 MAD per year, pre-tax.)
Associate government program analyst (181,654 MAD per year, pre-tax.)
Product marketing specialist (168,000 MAD per year, pre-tax.)
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Please note:Salary data displayed on this site is for reference only.
This website compiles salary information for educational use only. While we endeavor to present correct figures, we cannot ensure their full precision. Users are strongly advised to consult additional sources before finalizing career-related plans. Salary figures fluctuate based on multiple factors, such as industry trends, negotiation power, and regional demand. We do not offer any claims as to the validity of the provided information. Your use of this site indicates agreement of this notice.
This website compiles salary information for educational use only. While we endeavor to deliver correct figures, we cannot ensure their full precision. Users are strongly encouraged to check with other sources before making career-related decisions. Salary amounts fluctuate based on multiple factors, such as location, job role, and individual qualifications. We do not offer any guarantees as to the correctness of the listed data. Your access of this site indicates agreement of this disclaimer.