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An actuary is a professional who uses mathematical and statistical methods to assess and manage risks in various industries, primarily in insurance and finance. Actuaries analyze data, develop models, and make predictions to help organizations make informed decisions regarding investments, pricing, and risk management. They use their expertise to evaluate the likelihood and potential impact of future events, such as accidents, natural disasters, or changes in market conditions. Actuaries also play a crucial role in designing insurance policies and pension plans, ensuring they are financially sustainable and provide adequate coverage.
Estimated Yearly Salary: 17,507,138 IQD
Estimated Monthly Salary: 1,458,928 IQD
Estimated Weekly Salary: 336,676 IQD per week
Estimated Hourly Salary: 8,417 IQD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,405,430 IQD
Estimated Weekly Salary: 324,330 IQD per week
Estimated Hourly Salary: 8,108 IQD per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 11,789 USD
Estimated Monthly Salary: 982 USD
Estimated Weekly Salary: 227 USD per week
Estimated Hourly Salary: 6 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: 17,507,138 IQD
Estimated Monthly Salary: 1,458,928 IQD
Estimated Weekly Salary: 336,676 IQD per week
Estimated Hourly Salary: 8,417 IQD per hour
By working as Actuary a person can save up to 742 USD per month or 8,909 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 Actuary
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Medical admitting clerk (5,513,688 IQD per year, pre-tax.)
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Actuary salary in Iraq
Average Yearly Salary of Actuary in Iraq is approximately 17,507,138 IQD (11,789 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 Actuary do?
An actuary is a professional who uses mathematical and statistical methods to assess and manage risks in various industries, primarily in insurance and finance. Actuaries analyze data, develop models, and make predictions to help organizations make informed decisions regarding investments, pricing, and risk management. They use their expertise to evaluate the likelihood and potential impact of future events, such as accidents, natural disasters, or changes in market conditions. Actuaries also play a crucial role in designing insurance policies and pension plans, ensuring they are financially sustainable and provide adequate coverage.
Skills: Actuary, Risk management, Insurance, Finance, Mathematics, Statistics
Job industry: Insurance
Job industry: Insurance
How much does Actuary make?
Salary details
How much does Actuary make?Estimated Yearly Salary: 17,507,138 IQD
Estimated Monthly Salary: 1,458,928 IQD
Estimated Weekly Salary: 336,676 IQD per week
Estimated Hourly Salary: 8,417 IQD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 16,865,160 IQDEstimated Monthly Salary: 1,405,430 IQD
Estimated Weekly Salary: 324,330 IQD per week
Estimated Hourly Salary: 8,108 IQD per hour
Last revision of data: 2024-01-08Actuary estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 11,789 USD
Estimated Monthly Salary: 982 USD
Estimated Weekly Salary: 227 USD per week
Estimated Hourly Salary: 6 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
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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 Actuary job salary compared to average salary in Iraq.
Comparison shows that a person working as Actuary in Iraq earns on average:
2.15 times the average salary (or 215% 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 Actuary job salary compared to average salary in Iraq.
Comparison shows that a person working as Actuary in Iraq earns on average:
2.15 times the average salary (or 215% of average salary).
Is Actuary a well paid job?
Yes, our data show that Actuary 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 Actuary?
High salary for Actuary would be somewhere between 19,257,852 IQD and 25,385,350 IQD. However this is an estimation based on Gaussian Distribution.How much can you save working as Actuary 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: 17,507,138 IQD
Estimated Monthly Salary: 1,458,928 IQD
Estimated Weekly Salary: 336,676 IQD per week
Estimated Hourly Salary: 8,417 IQD per hour
By working as Actuary a person can save up to 742 USD per month or 8,909 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 Actuary
Iran is 15,555 USD
Jordan is 18,710 USD
Kuwait is 26,378 USD
Saudi Arabia is 54,326 USD
Syria is 7,215 USD
Turkey is 20,865 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:
Library page (2,937,600 IQD per year, pre-tax.)
Interactive project manager (10,757,838 IQD per year, pre-tax.)
Occupational therapist 1 (13,882,952 IQD per year, pre-tax.)
Medical admitting clerk (5,513,688 IQD per year, pre-tax.)
Health educator (non-rn) (5,840,243 IQD per year, pre-tax.)
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Salary data displayed on this site is for reference exclusively. Our figures come from various sources, but we do not guarantee their accuracy. Users must always double-check salary details with official resources before making financial decisions. Salaries differ due to economic trends, job location, and negotiation skills. We make no warranties about the completeness of the provided salary data. By navigating this site, you acknowledge these limitations.
The salary figures presented here are meant for informational purposes only. While we attempt to ensure accuracy, we do not guarantee all figures is precise. Users should to confirm salary details with independent authorities before making critical financial decisions. Salary ranges may fluctuate due to negotiation, industry trends, and location. We disclaim responsibility for errors in the salary data displayed.