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Senior Actuarial Analyst salary in Morocco

Average Yearly Salary of Senior Actuarial Analyst in Morocco is approximately 285,871 MAD (25,870 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 Senior Actuarial Analyst do?

occupation personasThe occupation of a senior actuarial analyst involves analyzing and interpreting complex data to assess and manage risks for insurance companies, financial institutions, or consulting firms. These professionals use mathematical models and statistical techniques to evaluate the probability and potential impact of events such as accidents, natural disasters, or changes in financial markets. They work closely with underwriters, investment managers, and other stakeholders to develop strategies for pricing policies, setting reserves, and managing portfolios. Senior actuarial analysts are responsible for conducting research, preparing reports, and making recommendations to support strategic decision-making. They also play a crucial role in ensuring compliance with regulatory requirements and industry standards. Strong analytical skills, proficiency in programming languages and statistical software, and excellent communication abilities are essential for success in this occupation.

Skills: senior actuarial analyst, risk management, data analysis, statistical modeling, insurance industry, financial risk assessment
Job industry: Insurance


How much does Senior Actuarial Analyst make?

Salary details
How much does Senior Actuarial Analyst make?
Estimated Yearly Salary: 285,871 MAD
Estimated Monthly Salary: 23,823 MAD
Estimated Weekly Salary: 5,498 MAD per week
Estimated Hourly Salary: 137 MAD per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 275,176 MAD
Estimated Monthly Salary: 22,931 MAD
Estimated Weekly Salary: 5,292 MAD per week
Estimated Hourly Salary: 132 MAD per hour
Last revision of data: 2024-01-09



Senior Actuarial Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 25,870 USD
Estimated Monthly Salary: 2,156 USD
Estimated Weekly Salary: 498 USD per week
Estimated Hourly Salary: 12 USD per hour


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

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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 Senior Actuarial Analyst job salary compared to average salary in Morocco.
Comparison shows that a person working as Senior Actuarial Analyst in Morocco earns on average:
1.91 times the average salary (or 191% of average salary).

Is Senior Actuarial Analyst a well paid job?

Yes, our data shows that Senior Actuarial Analyst 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 Senior Actuarial Analyst?

High salary for Senior Actuarial Analyst would be somewhere between 314,458 MAD and 414,513 MAD. However this is an estimation based on Gaussian Distribution.

How much can you save working as Senior Actuarial Analyst 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: 285,871 MAD
Estimated Monthly Salary: 23,823 MAD
Estimated Weekly Salary: 5,498 MAD per week
Estimated Hourly Salary: 137 MAD per hour
By working as Senior Actuarial Analyst a person can save up to 1,556 USD per month or 18,670 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 Senior Actuarial Analyst

Algeria is 24,162 USDdown arrow 7%
Details on Senior Actuarial Analyst salary in Algeria
Spain is 54,579 USDup arrow 111%
Details on Senior Actuarial Analyst 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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