Home > Salary > Iraq > Actuarial Consultant
An actuarial consultant is a professional who provides expertise in risk management and financial forecasting to clients in various industries. They analyze large amounts of data to assess and mitigate potential risks, such as insurance claims or investment losses, and help organizations make informed decisions based on their findings. Actuarial consultants use mathematical models and statistical techniques to evaluate the probability and impact of different scenarios, ensuring that businesses can effectively manage their risks and optimize their financial strategies. They also provide advice on pricing, product development, and regulatory compliance.
Estimated Yearly Salary: 16,441,294 IQD
Estimated Monthly Salary: 1,370,108 IQD
Estimated Weekly Salary: 316,179 IQD per week
Estimated Hourly Salary: 7,904 IQD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,324,661 IQD
Estimated Weekly Salary: 305,691 IQD per week
Estimated Hourly Salary: 7,642 IQD per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 11,136 USD
Estimated Monthly Salary: 928 USD
Estimated Weekly Salary: 214 USD per week
Estimated Hourly Salary: 5 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: 16,441,294 IQD
Estimated Monthly Salary: 1,370,108 IQD
Estimated Weekly Salary: 316,179 IQD per week
Estimated Hourly Salary: 7,904 IQD per hour
By working as Actuarial Consultant a person can save up to 688 USD per month or 8,256 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 Iraq, see costs of living in Iraq.
Estimated Yearly Salary for Actuarial Consultant
Last revision of data: 2025-01-04
Data as of 2025
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Actuarial Consultant salary in Iraq
Average Yearly Salary of Actuarial Consultant in Iraq is approximately 16,441,294 IQD (11,136 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 Actuarial Consultant do?
An actuarial consultant is a professional who provides expertise in risk management and financial forecasting to clients in various industries. They analyze large amounts of data to assess and mitigate potential risks, such as insurance claims or investment losses, and help organizations make informed decisions based on their findings. Actuarial consultants use mathematical models and statistical techniques to evaluate the probability and impact of different scenarios, ensuring that businesses can effectively manage their risks and optimize their financial strategies. They also provide advice on pricing, product development, and regulatory compliance.
Skills: Actuarial consulting, Risk management, Financial forecasting, Data analysis, Mathematical modeling, Statistical techniques
Job industry: Insurance
Job industry: Insurance
How much does Actuarial Consultant make?
Salary details
How much does Actuarial Consultant make?Estimated Yearly Salary: 16,441,294 IQD
Estimated Monthly Salary: 1,370,108 IQD
Estimated Weekly Salary: 316,179 IQD per week
Estimated Hourly Salary: 7,904 IQD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 15,895,932 IQDEstimated Monthly Salary: 1,324,661 IQD
Estimated Weekly Salary: 305,691 IQD per week
Estimated Hourly Salary: 7,642 IQD per hour
Last revision of data: 2024-01-06Actuarial Consultant estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 11,136 USD
Estimated Monthly Salary: 928 USD
Estimated Weekly Salary: 214 USD per week
Estimated Hourly Salary: 5 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
Iraq, a nation in the Middle East, possesses vast oil reserves, fueling its economy and global energy trade. Key industries include oil and gas extraction, agriculture, and a burgeoning construction sector as the nation rebuilds its infrastructure. The rich historical and cultural heritage also draws tourists. However, Iraq faces challenges including political instability and security concerns. Despite these, the country exhibits economic potential and a resilient population, striving to rebuild and diversify its economy beyond oil and embrace a future of growth and stability.
Estimated national average yearly salary is 8,160,000 IQD (6,000 USD). Value indicated is pre-tax. Below graph shows estimated Actuarial Consultant job salary compared to average salary in Iraq.
Comparison shows that a person working as Actuarial Consultant in Iraq earns on average:
2.01 times the average salary (or 201% of average salary).
Estimated national average yearly salary is 8,160,000 IQD (6,000 USD). Value indicated is pre-tax. Below graph shows estimated Actuarial Consultant job salary compared to average salary in Iraq.
Comparison shows that a person working as Actuarial Consultant in Iraq earns on average:
2.01 times the average salary (or 201% of average salary).
Is Actuarial Consultant a well paid job?
Yes, our data show that Actuarial Consultant 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 Actuarial Consultant?
High salary for Actuarial Consultant would be somewhere between 18,085,423 IQD and 23,839,876 IQD. However this is an estimation based on Gaussian Distribution.How much can you save working as Actuarial Consultant in Iraq?
Living in Iraq the approximate monthly expenses are: 240 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: 16,441,294 IQD
Estimated Monthly Salary: 1,370,108 IQD
Estimated Weekly Salary: 316,179 IQD per week
Estimated Hourly Salary: 7,904 IQD per hour
By working as Actuarial Consultant a person can save up to 688 USD per month or 8,256 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 Iraq, see costs of living in Iraq.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Iran, Jordan, Kuwait, Saudi Arabia, Syria, Turkey. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Actuarial Consultant
Iran is 14,655 USD
Jordan is 17,513 USD
Kuwait is 24,745 USD
Saudi Arabia is 51,218 USD
Syria is 6,784 USD
Turkey is 19,598 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 Iraq
(93,035,848 IQD per year, pre-tax.)
2. Cardiologist
(77,420,383 IQD per year, pre-tax.)
(74,436,118 IQD per year, pre-tax.)
4. Neurosurgeon
(72,585,795 IQD per year, pre-tax.)
(72,416,543 IQD per year, pre-tax.)
(70,778,229 IQD per year, pre-tax.)
(70,769,927 IQD per year, pre-tax.)
(70,594,393 IQD per year, pre-tax.)
9. Urologist
(70,443,660 IQD per year, pre-tax.)
10. Oncologist
(70,429,777 IQD per year, pre-tax.)
Data as of 2025Random salary:
Legal transcriber (5,812,701 IQD per year, pre-tax.)
Implementation consultant it (11,505,600 IQD per year, pre-tax.)
Cnc service engineer (6,854,400 IQD per year, pre-tax.)
Social media director (9,877,941 IQD per year, pre-tax.)
Railroad engineer (14,223,943 IQD per year, pre-tax.)
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Salary data displayed on this site is informational exclusively. Our figures come from various inputs, but we do not guarantee their accuracy. Users should always double-check salary details with additional platforms before making job-related decisions. Salaries fluctuate due to economic trends, job location, and negotiation skills. We make no warranties about the validity of the provided salary data. By continuing to use this site, you agree these limitations.