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Insurance Contract Specialist salary in United Arab Emirates

Average Yearly Salary of Insurance Contract Specialist in United Arab Emirates is approximately 171,688 AED (43,209 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?

occupation personasAn 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


How much does Insurance Contract Specialist make?

Salary details
How much does Insurance Contract Specialist make?
Estimated Yearly Salary: 171,688 AED
Estimated Monthly Salary: 14,307 AED
Estimated Weekly Salary: 3,302 AED per week
Estimated Hourly Salary: 83 AED per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 166,468 AED
Estimated Monthly Salary: 13,872 AED
Estimated Weekly Salary: 3,201 AED per week
Estimated Hourly Salary: 80 AED per hour
Last revision of data: 2024-01-05



Insurance Contract Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 43,209 USD
Estimated Monthly Salary: 3,601 USD
Estimated Weekly Salary: 831 USD per week
Estimated Hourly Salary: 21 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

The United Arab Emirates (UAE) is a country located in the Middle East, bordering Saudi Arabia and Oman. It is made up of seven emirates: Abu Dhabi, Dubai, Sharjah, Ajman, Fujairah, Ras Al Khaimah, and Umm Al Quwain. The UAE has a population of approximately 9.89 million people. The country covers a total area of about 83,600 square kilometers.

Estimated national average yearly salary is 179,793 AED (48,950 USD). Value indicated is pre-tax. Below graph shows estimated Insurance Contract Specialist job salary compared to average salary in United Arab Emirates.
Comparison shows that a person working as Insurance Contract Specialist in United Arab Emirates earns on average:
0.95 times the average salary (or 95% of average salary).

Is Insurance Contract Specialist a well paid job?

Yes, our data show that Insurance Contract Specialist is an averagely well paid job that still allows for some yearly savings. 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 188,857 AED and 248,948 AED. However this is an estimation based on Gaussian Distribution.

How much can you save working as Insurance Contract Specialist in United Arab Emirates?

Living in United Arab Emirates the approximate monthly expenses are: 1,958 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: 171,688 AED
Estimated Monthly Salary: 14,307 AED
Estimated Weekly Salary: 3,302 AED per week
Estimated Hourly Salary: 83 AED per hour
By working as Insurance Contract Specialist a person can save up to 1,643 USD per month or 19,713 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 United Arab Emirates, see costs of living in United Arab Emirates.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Saudi Arabia, Oman, Qatar, Bahrain, Iran.
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 USDdown arrow 44%
Details on Insurance Contract Specialist salary in Saudi Arabia
Oman is 7,957 USDdown arrow 82%
Details on Insurance Contract Specialist salary in Oman
Qatar is 61,968 USDup arrow 43%
Details on Insurance Contract Specialist salary in Qatar
Bahrain is 15,729 USDdown arrow 64%
Details on Insurance Contract Specialist salary in Bahrain
Iran is 6,927 USDdown arrow 84%
Details on Insurance Contract Specialist salary in Iran
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 United Arab Emirates

(2,046,975 AED per year, pre-tax.)
(1,695,577 AED per year, pre-tax.)
(1,643,741 AED per year, pre-tax.)
(1,592,253 AED per year, pre-tax.)
(1,588,012 AED per year, pre-tax.)
(1,558,844 AED per year, pre-tax.)
(1,557,467 AED per year, pre-tax.)
(1,557,171 AED per year, pre-tax.)
(1,556,641 AED per year, pre-tax.)
(1,553,399 AED per year, pre-tax.)

Data as of 2025

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All salary figures on optisalary.com are for reference use exclusively. We gather data from numerous trusted sources, yet do not ensure complete accuracy. Before making career choices, users should consult external authoritative sources. Salaries fluctuate due to several influences, including negotiation skills, industry demand, and experience levels. We disclaim any liability for misrepresentations in the salary information provided here. Your use with optisalary.com constitutes agreement of this policy.
All salary figures on optisalary.com are for informational use exclusively. We gather data from various reliable databases, yet do not guarantee complete precision. Before making financial choices, visitors should consult additional verified sources. Salaries fluctuate due to several factors, including negotiation skills, industry demand, and experience levels. We disclaim any liability for misrepresentations in the salary information provided here. Your use with optisalary.com constitutes acceptance of this policy.