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Insurance Rater salary in Iraq

Average Yearly Salary of Insurance Rater in Iraq is approximately 6,633,476 IQD (4,477 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 Rater do?

occupation personasAn insurance rater is responsible for evaluating and determining the appropriate premiums for insurance policies. They analyze various factors such as the applicant's age, health condition, occupation, and past claims history to assess the level of risk involved. Insurance raters use specialized software and databases to calculate premiums accurately and ensure compliance with industry regulations. Their main duties include reviewing applications, collecting and verifying information, conducting risk assessments, and providing quotes to clients. They also collaborate with underwriters and insurance agents to resolve any discrepancies or issues that may arise during the rating process. Accuracy, attention to detail, and strong analytical skills are crucial in this role.

Skills: Insurance, Rater, Premiums, Risk assessment, Underwriting, Analytical skills
Job industry: Insurance


How much does Insurance Rater make?

Salary details
How much does Insurance Rater make?
Estimated Yearly Salary: 6,633,476 IQD
Estimated Monthly Salary: 552,790 IQD
Estimated Weekly Salary: 127,567 IQD per week
Estimated Hourly Salary: 3,189 IQD per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 6,396,312 IQD
Estimated Monthly Salary: 533,026 IQD
Estimated Weekly Salary: 123,006 IQD per week
Estimated Hourly Salary: 3,075 IQD per hour
Last revision of data: 2024-01-06



Insurance Rater estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 4,477 USD
Estimated Monthly Salary: 373 USD
Estimated Weekly Salary: 86 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 Rater job salary compared to average salary in Iraq.
Comparison shows that a person working as Insurance Rater in Iraq earns on average:
0.81 times the average salary (or 81% of average salary).

Is Insurance Rater a well paid job?

No / we do not have enough data to assess this.

What is considered a high salary for Insurance Rater?

High salary for Insurance Rater would be somewhere between 7,296,824 IQD and 9,618,540 IQD. However this is an estimation based on Gaussian Distribution.

How much can you save working as Insurance Rater 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: 6,633,476 IQD
Estimated Monthly Salary: 552,790 IQD
Estimated Weekly Salary: 127,567 IQD per week
Estimated Hourly Salary: 3,189 IQD per hour
By working as Insurance Rater a person can save up to 133 USD per month or 1,597 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 Rater

Iran is 5,897 USDup arrow 32%
Details on Insurance Rater salary in Iran
Jordan is 7,079 USDup arrow 58%
Details on Insurance Rater salary in Jordan
Kuwait is 9,971 USDup arrow 123%
Details on Insurance Rater salary in Kuwait
Saudi Arabia is 20,608 USDup arrow 360%
Details on Insurance Rater salary in Saudi Arabia
Syria is 2,735 USDdown arrow 39%
Details on Insurance Rater salary in Syria
Turkey is 7,867 USDup arrow 76%
Details on Insurance Rater 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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Salary details presented on optisalary.com are intended for reference purposes only. Our data is sourced through multiple sources and may not always be accurate. Users must cross-reference salary information through other means before making employment commitments. The figures shown here may change due to factors such as company policies, experience levels, and demand shifts. We do not warrant that the information provided is flawless. By accessing optisalary.com, you accept that salary information is presented 'as is' and without warranties.