Home > Salary > Oman > Insurance Contract Specialist
An insurance contract specialist is responsible for reviewing and analyzing insurance policies and contracts to ensure accuracy and compliance with regulatory requirements. They assess risk factors, terms, and conditions, and make recommendations for policy changes or enhancements. They also collaborate with underwriters and claims adjusters to resolve any discrepancies or issues that may arise during the policy lifecycle. Additionally, they provide guidance and support to clients regarding policy coverage, claims procedures, and policy renewals.
Estimated Yearly Salary: 19,016 OMR
Estimated Monthly Salary: 1,585 OMR
Estimated Weekly Salary: 366 OMR per week
Estimated Hourly Salary: 9 OMR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,533 OMR
Estimated Weekly Salary: 354 OMR per week
Estimated Hourly Salary: 9 OMR per hour
Last revision of data: 2024-02-02
Estimated Yearly Salary: 7,957 USD
Estimated Monthly Salary: 663 USD
Estimated Weekly Salary: 153 USD per week
Estimated Hourly Salary: 4 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
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: 19,016 OMR
Estimated Monthly Salary: 1,585 OMR
Estimated Weekly Salary: 366 OMR per week
Estimated Hourly Salary: 9 OMR per hour
Our data indicates that by working as Insurance Contract Specialist you will not be able to save much money and will likely need to make adjustments to your lifestyle to go comfortably through the month.
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 Oman, see costs of living in Oman.
Estimated Yearly Salary for Insurance Contract Specialist
United Arab Emirates is 43,209 USD 443%
Details on Insurance Contract Specialist salary in United Arab Emirates Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Registered dietetic technician (15,118 OMR per year, pre-tax.)
Business account executive (21,235 OMR per year, pre-tax.)
General manager in training (16,542 OMR per year, pre-tax.)
Corrections officer (16,860 OMR per year, pre-tax.)
Exterminator (13,390 OMR per year, pre-tax.)
Insurance Contract Specialist salary in Oman
Average Yearly Salary of Insurance Contract Specialist in Oman is approximately 19,016 OMR (7,957 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 Contract Specialist do?
An insurance contract specialist is responsible for reviewing and analyzing insurance policies and contracts to ensure accuracy and compliance with regulatory requirements. They assess risk factors, terms, and conditions, and make recommendations for policy changes or enhancements. They also collaborate with underwriters and claims adjusters to resolve any discrepancies or issues that may arise during the policy lifecycle. Additionally, they provide guidance and support to clients regarding policy coverage, claims procedures, and policy renewals.
Skills: insurance, contract specialist, risk assessment, policy analysis, compliance, claims processing
Job industry: Insurance
Job industry: Insurance
How much does Insurance Contract Specialist make?
Salary details
How much does Insurance Contract Specialist make?Estimated Yearly Salary: 19,016 OMR
Estimated Monthly Salary: 1,585 OMR
Estimated Weekly Salary: 366 OMR per week
Estimated Hourly Salary: 9 OMR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 18,398 OMREstimated Monthly Salary: 1,533 OMR
Estimated Weekly Salary: 354 OMR per week
Estimated Hourly Salary: 9 OMR per hour
Last revision of data: 2024-02-02Insurance Contract Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 7,957 USD
Estimated Monthly Salary: 663 USD
Estimated Weekly Salary: 153 USD per week
Estimated Hourly Salary: 4 USD per hour
Difference in salary year over year or average salary increase is approximately
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.
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
Oman, officially known as the Sultanate of Oman, is a country located in the southeastern coast of the Arabian Peninsula. With a population of around 5 million people, it spans an area of approximately 309,500 square kilometers. Oman is bordered by the United Arab Emirates to the northwest, Saudi Arabia to the west, and Yemen to the southwest.
Estimated national average yearly salary is 8,321 OMR (21,640 USD). Value indicated is pre-tax. Below graph shows estimated Insurance Contract Specialist job salary compared to average salary in Oman.
Comparison shows that a person working as Insurance Contract Specialist in Oman earns on average:
2.29 times the average salary (or 229% of average salary).
Estimated national average yearly salary is 8,321 OMR (21,640 USD). Value indicated is pre-tax. Below graph shows estimated Insurance Contract Specialist job salary compared to average salary in Oman.
Comparison shows that a person working as Insurance Contract Specialist in Oman earns on average:
2.29 times the average salary (or 229% of average salary).
Is Insurance Contract Specialist a well paid job?
Yes, our data show that Insurance Contract Specialist 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 Contract Specialist?
High salary for Insurance Contract Specialist would be somewhere between 20,918 OMR and 27,573 OMR. However this is an estimation based on Gaussian Distribution.How much can you save working as Insurance Contract Specialist in Oman?
Living in Oman the approximate monthly expenses are: 866 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: 19,016 OMR
Estimated Monthly Salary: 1,585 OMR
Estimated Weekly Salary: 366 OMR per week
Estimated Hourly Salary: 9 OMR per hour
Our data indicates that by working as Insurance Contract Specialist you will not be able to save much money and will likely need to make adjustments to your lifestyle to go comfortably through the month.
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 Oman, see costs of living in Oman.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Saudi Arabia, United Arab Emirates, Yemen. 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 Contract Specialist
Saudi Arabia is 24,291 USDUnited Arab Emirates is 43,209 USD 443%Details on Insurance Contract Specialist salary in United Arab Emirates
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 Oman
(225,004 OMR per year, pre-tax.)
2. Cardiologist
(187,817 OMR per year, pre-tax.)
(181,259 OMR per year, pre-tax.)
4. Neurosurgeon
(176,098 OMR per year, pre-tax.)
(175,311 OMR per year, pre-tax.)
(172,262 OMR per year, pre-tax.)
7. Urologist
(172,070 OMR per year, pre-tax.)
(171,963 OMR per year, pre-tax.)
9. Oncologist
(171,687 OMR per year, pre-tax.)
(171,274 OMR per year, pre-tax.)
Data as of 2025Random salary:
Registered dietetic technician (15,118 OMR per year, pre-tax.)
Business account executive (21,235 OMR per year, pre-tax.)
General manager in training (16,542 OMR per year, pre-tax.)
Corrections officer (16,860 OMR per year, pre-tax.)
Exterminator (13,390 OMR per year, pre-tax.)
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