Home > Salary > Iraq > Insurance Broker
An insurance broker is a professional who acts as an intermediary between individuals or businesses seeking insurance coverage and insurance companies. They assess the insurance needs of their clients, analyze various insurance policies and options available in the market, and provide advice on the most suitable coverage for their clients' specific requirements. Insurance brokers help clients understand the terms and conditions of policies, assist in completing paperwork, and negotiate with insurance companies to secure the best possible coverage at competitive rates. They also provide ongoing support to clients, helping them with claims processing and policy renewals.
Estimated Yearly Salary: 12,570,942 IQD
Estimated Monthly Salary: 1,047,579 IQD
Estimated Weekly Salary: 241,749 IQD per week
Estimated Hourly Salary: 6,044 IQD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,009,613 IQD
Estimated Weekly Salary: 232,988 IQD per week
Estimated Hourly Salary: 5,825 IQD per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 8,472 USD
Estimated Monthly Salary: 706 USD
Estimated Weekly Salary: 163 USD per week
Estimated Hourly Salary: 4 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: 12,570,942 IQD
Estimated Monthly Salary: 1,047,579 IQD
Estimated Weekly Salary: 241,749 IQD per week
Estimated Hourly Salary: 6,044 IQD per hour
By working as Insurance Broker a person can save up to 466 USD per month or 5,592 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 Insurance Broker
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Vice president (vp), international operations (17,953,338 IQD per year, pre-tax.)
Budget supervisor (10,022,145 IQD per year, pre-tax.)
Internist (34,988,538 IQD per year, pre-tax.)
Typist recorder (5,330,754 IQD per year, pre-tax.)
Curriculum developer (9,710,400 IQD per year, pre-tax.)
Insurance Broker salary in Iraq
Average Yearly Salary of Insurance Broker in Iraq is approximately 12,570,942 IQD (8,472 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 Broker do?
An insurance broker is a professional who acts as an intermediary between individuals or businesses seeking insurance coverage and insurance companies. They assess the insurance needs of their clients, analyze various insurance policies and options available in the market, and provide advice on the most suitable coverage for their clients' specific requirements. Insurance brokers help clients understand the terms and conditions of policies, assist in completing paperwork, and negotiate with insurance companies to secure the best possible coverage at competitive rates. They also provide ongoing support to clients, helping them with claims processing and policy renewals.
Skills: Insurance, Brokerage, Risk management, Client service, Insurance policies, Intermediary.
Job industry: Insurance
Job industry: Insurance
How much does Insurance Broker make?
Salary details
How much does Insurance Broker make?Estimated Yearly Salary: 12,570,942 IQD
Estimated Monthly Salary: 1,047,579 IQD
Estimated Weekly Salary: 241,749 IQD per week
Estimated Hourly Salary: 6,044 IQD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 12,115,350 IQDEstimated Monthly Salary: 1,009,613 IQD
Estimated Weekly Salary: 232,988 IQD per week
Estimated Hourly Salary: 5,825 IQD per hour
Last revision of data: 2024-01-02Insurance Broker estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 8,472 USD
Estimated Monthly Salary: 706 USD
Estimated Weekly Salary: 163 USD per week
Estimated Hourly Salary: 4 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 Insurance Broker job salary compared to average salary in Iraq.
Comparison shows that a person working as Insurance Broker in Iraq earns on average:
1.54 times the average salary (or 154% 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 Insurance Broker job salary compared to average salary in Iraq.
Comparison shows that a person working as Insurance Broker in Iraq earns on average:
1.54 times the average salary (or 154% of average salary).
Is Insurance Broker a well paid job?
Yes, our data shows that Insurance Broker is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Insurance Broker?
High salary for Insurance Broker would be somewhere between 13,828,036 IQD and 18,227,866 IQD. However this is an estimation based on Gaussian Distribution.How much can you save working as Insurance Broker 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: 12,570,942 IQD
Estimated Monthly Salary: 1,047,579 IQD
Estimated Weekly Salary: 241,749 IQD per week
Estimated Hourly Salary: 6,044 IQD per hour
By working as Insurance Broker a person can save up to 466 USD per month or 5,592 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 Broker
Iran is 11,120 USD
Jordan is 13,439 USD
Kuwait is 18,892 USD
Saudi Arabia is 39,039 USD
Syria is 5,171 USD
Turkey is 14,974 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:
Vice president (vp), international operations (17,953,338 IQD per year, pre-tax.)
Budget supervisor (10,022,145 IQD per year, pre-tax.)
Internist (34,988,538 IQD per year, pre-tax.)
Typist recorder (5,330,754 IQD per year, pre-tax.)
Curriculum developer (9,710,400 IQD per year, pre-tax.)
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