Home > Salary > Iraq > Actuarial Manager
An actuarial manager is a professional responsible for managing and overseeing the actuarial function within an organization. They play a crucial role in assessing and managing risks, analyzing data, and providing insights to support strategic decision-making. Actuarial managers work closely with senior management and other stakeholders to develop and implement risk management strategies, ensuring the financial stability and profitability of the organization.
Their key responsibilities include leading a team of actuaries, conducting complex statistical analyses, developing and maintaining actuarial models, collaborating with underwriters and claims professionals, and ensuring compliance with regulatory requirements. Actuarial managers also provide guidance on pricing, reserving, and investment strategies, as well as contribute to the development of new products and services.
Estimated Yearly Salary: 21,631,843 IQD
Estimated Monthly Salary: 1,802,654 IQD
Estimated Weekly Salary: 415,997 IQD per week
Estimated Hourly Salary: 10,400 IQD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,736,534 IQD
Estimated Weekly Salary: 400,739 IQD per week
Estimated Hourly Salary: 10,018 IQD per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 14,515 USD
Estimated Monthly Salary: 1,210 USD
Estimated Weekly Salary: 279 USD per week
Estimated Hourly Salary: 7 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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: 21,631,843 IQD
Estimated Monthly Salary: 1,802,654 IQD
Estimated Weekly Salary: 415,997 IQD per week
Estimated Hourly Salary: 10,400 IQD per hour
By working as Actuarial Manager a person can save up to 970 USD per month or 11,635 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 Manager
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Actuarial Manager salary in Iraq
Average Yearly Salary of Actuarial Manager in Iraq is approximately 21,631,843 IQD (14,515 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 Manager do?
An actuarial manager is a professional responsible for managing and overseeing the actuarial function within an organization. They play a crucial role in assessing and managing risks, analyzing data, and providing insights to support strategic decision-making. Actuarial managers work closely with senior management and other stakeholders to develop and implement risk management strategies, ensuring the financial stability and profitability of the organization.
Their key responsibilities include leading a team of actuaries, conducting complex statistical analyses, developing and maintaining actuarial models, collaborating with underwriters and claims professionals, and ensuring compliance with regulatory requirements. Actuarial managers also provide guidance on pricing, reserving, and investment strategies, as well as contribute to the development of new products and services.
Skills: Actuarial management, Risk assessment, Data analysis, Strategic decision-making, Financial stability, Regulatory compliance.
Job industry: Insurance
Job industry: Insurance
How much does Actuarial Manager make?
Salary details
How much does Actuarial Manager make?Estimated Yearly Salary: 21,631,843 IQD
Estimated Monthly Salary: 1,802,654 IQD
Estimated Weekly Salary: 415,997 IQD per week
Estimated Hourly Salary: 10,400 IQD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 20,838,402 IQDEstimated Monthly Salary: 1,736,534 IQD
Estimated Weekly Salary: 400,739 IQD per week
Estimated Hourly Salary: 10,018 IQD per hour
Last revision of data: 2024-01-06Actuarial Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 14,515 USD
Estimated Monthly Salary: 1,210 USD
Estimated Weekly Salary: 279 USD per week
Estimated Hourly Salary: 7 USD per hour
Difference in salary year over year or average salary increase is approximately
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.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
Please type in your occupation and select desired country to see latest trends in salaries.
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 Manager job salary compared to average salary in Iraq.
Comparison shows that a person working as Actuarial Manager in Iraq earns on average:
2.65 times the average salary (or 265% 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 Manager job salary compared to average salary in Iraq.
Comparison shows that a person working as Actuarial Manager in Iraq earns on average:
2.65 times the average salary (or 265% of average salary).
Is Actuarial Manager a well paid job?
Yes, our data show that Actuarial Manager 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 Manager?
High salary for Actuarial Manager would be somewhere between 23,795,027 IQD and 31,366,172 IQD. However this is an estimation based on Gaussian Distribution.How much can you save working as Actuarial Manager 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: 21,631,843 IQD
Estimated Monthly Salary: 1,802,654 IQD
Estimated Weekly Salary: 415,997 IQD per week
Estimated Hourly Salary: 10,400 IQD per hour
By working as Actuarial Manager a person can save up to 970 USD per month or 11,635 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 Manager
Iran is 19,221 USD
Jordan is 23,105 USD
Kuwait is 32,449 USD
Saudi Arabia is 66,896 USD
Syria is 8,916 USD
Turkey is 25,614 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:
Automobile service advisor (7,518,611 IQD per year, pre-tax.)
Project director information technology (it) (18,604,800 IQD per year, pre-tax.)
Airport engineer (15,881,779 IQD per year, pre-tax.)
Quality consultant (8,508,008 IQD per year, pre-tax.)
Glazier (7,337,184 IQD per year, pre-tax.)
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