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Insurance Agent salary in Iraq

Average Yearly Salary of Insurance Agent in Iraq is approximately 7,148,499 IQD (4,822 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 Agent do?

occupation personasAn insurance agent is a professional who works for an insurance company or brokerage firm to assist clients in finding suitable insurance policies that meet their specific needs. They are responsible for explaining various insurance options, policies, and coverage details to clients, as well as helping them understand the terms and conditions of their policies. Insurance agents also handle policy renewals, claims, and any modifications or updates required by clients. They may conduct risk assessments, analyze insurance applications, and provide recommendations based on individual circumstances. Additionally, insurance agents often build and maintain relationships with clients, ensuring excellent customer service and addressing any concerns or inquiries.

Skills: Insurance agent, Insurance sales, Policy advisor, Risk assessment, Customer service, Claims handling
Job industry: Insurance


How much does Insurance Agent make?

Salary details
How much does Insurance Agent make?
Estimated Yearly Salary: 7,148,499 IQD
Estimated Monthly Salary: 595,708 IQD
Estimated Weekly Salary: 137,471 IQD per week
Estimated Hourly Salary: 3,437 IQD per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 6,880,926 IQD
Estimated Monthly Salary: 573,411 IQD
Estimated Weekly Salary: 132,326 IQD per week
Estimated Hourly Salary: 3,308 IQD per hour
Last revision of data: 2024-01-03



Insurance Agent estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 4,822 USD
Estimated Monthly Salary: 402 USD
Estimated Weekly Salary: 93 USD per week
Estimated Hourly Salary: 2 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 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.

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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 Insurance Agent job salary compared to average salary in Iraq.
Comparison shows that a person working as Insurance Agent in Iraq earns on average:
0.88 times the average salary (or 88% of average salary).

Is Insurance Agent a well paid job?

Yes, our data show that Insurance Agent 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 Agent?

High salary for Insurance Agent would be somewhere between 7,863,349 IQD and 10,365,324 IQD. However this is an estimation based on Gaussian Distribution.

How much can you save working as Insurance Agent 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: 7,148,499 IQD
Estimated Monthly Salary: 595,708 IQD
Estimated Weekly Salary: 137,471 IQD per week
Estimated Hourly Salary: 3,437 IQD per hour
By working as Insurance Agent a person can save up to 162 USD per month or 1,942 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 Insurance Agent

Iran is 6,326 USDup arrow 31%
Details on Insurance Agent salary in Iran
Jordan is 7,621 USDup arrow 58%
Details on Insurance Agent salary in Jordan
Kuwait is 10,751 USDup arrow 123%
Details on Insurance Agent salary in Kuwait
Saudi Arabia is 22,122 USDup arrow 359%
Details on Insurance Agent salary in Saudi Arabia
Syria is 2,934 USDdown arrow 39%
Details on Insurance Agent salary in Syria
Turkey is 8,479 USDup arrow 76%
Details on Insurance Agent salary in Turkey
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 Iraq

(93,035,848 IQD per year, pre-tax.)
(77,420,383 IQD per year, pre-tax.)
(74,436,118 IQD per year, pre-tax.)
(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.)
(70,443,660 IQD per year, pre-tax.)
(70,429,777 IQD per year, pre-tax.)

Data as of 2025

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