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Manager Underwriting salary in Morocco

Average Yearly Salary of Manager Underwriting in Morocco is approximately 321,377 MAD (29,294 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 Manager Underwriting do?

occupation personasThe occupation of a Manager Underwriting involves overseeing the underwriting process within an organization. This role requires extensive knowledge of insurance policies, risk assessment, and financial analysis. The manager is responsible for evaluating and approving insurance applications, ensuring compliance with underwriting guidelines, and managing a team of underwriters. They collaborate with other departments to develop and implement underwriting strategies, review and analyze underwriting data, and make recommendations for improvements. Additionally, they may be involved in negotiating terms and conditions with clients and monitoring market trends to assess potential risks. Strong analytical skills, attention to detail, and the ability to make informed decisions are essential for success in this role.

Skills: Manager Underwriting, Insurance, Risk Assessment, Financial Analysis, Compliance, Underwriting Guidelines
Job industry: Insurance


How much does Manager Underwriting make?

Salary details
How much does Manager Underwriting make?
Estimated Yearly Salary: 321,377 MAD
Estimated Monthly Salary: 26,781 MAD
Estimated Weekly Salary: 6,180 MAD per week
Estimated Hourly Salary: 155 MAD per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 311,146 MAD
Estimated Monthly Salary: 25,929 MAD
Estimated Weekly Salary: 5,984 MAD per week
Estimated Hourly Salary: 150 MAD per hour
Last revision of data: 2024-01-09



Manager Underwriting estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 29,294 USD
Estimated Monthly Salary: 2,441 USD
Estimated Weekly Salary: 563 USD per week
Estimated Hourly Salary: 14 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 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.

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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 Manager Underwriting job salary compared to average salary in Morocco.
Comparison shows that a person working as Manager Underwriting in Morocco earns on average:
2.14 times the average salary (or 214% of average salary).

Is Manager Underwriting a well paid job?

Yes, our data show that Manager Underwriting 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 Manager Underwriting?

High salary for Manager Underwriting would be somewhere between 353,515 MAD and 465,997 MAD. However this is an estimation based on Gaussian Distribution.

How much can you save working as Manager Underwriting 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: 321,377 MAD
Estimated Monthly Salary: 26,781 MAD
Estimated Weekly Salary: 6,180 MAD per week
Estimated Hourly Salary: 155 MAD per hour
By working as Manager Underwriting a person can save up to 1,841 USD per month or 22,094 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 Manager Underwriting

Algeria is 27,368 USDdown arrow 7%
Details on Manager Underwriting salary in Algeria
Spain is 61,953 USDup arrow 111%
Details on Manager Underwriting salary in Spain
Last revision of data: 2025-01-04

Salary 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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Morocco

(1,720,305 MAD per year, pre-tax.)
(1,434,963 MAD per year, pre-tax.)
(1,385,679 MAD per year, pre-tax.)
(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.)
(1,309,746 MAD per year, pre-tax.)
(1,308,087 MAD per year, pre-tax.)

Data as of 2025

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Salary details presented on optisalary.com are meant for informational use exclusively. Our data is sourced through various inputs and may not always be accurate. Users must verify salary information through other means before making financial decisions. The figures listed here may fluctuate due to factors such as company policies, experience levels, and demand shifts. We do not warrant that the data provided is error-free. By using optisalary.com, you accept that salary information is offered 'as is' and without assurances.
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