Home > Salary > Iraq > Risk Management Manager
A risk management manager is responsible for identifying, assessing, and mitigating potential risks that could impact an organization's operations, reputation, or financial stability. They develop and implement risk management strategies, policies, and procedures to ensure compliance with regulatory requirements and industry best practices. The role involves conducting risk assessments, analyzing data and trends, and providing recommendations to senior management on risk mitigation strategies. They collaborate with various departments to identify potential risks and develop contingency plans. Risk management managers also oversee the implementation of risk control measures and monitor their effectiveness. They may be involved in insurance procurement, claims management, and the development of crisis management plans. Strong analytical, communication, and problem-solving skills are essential for this role.
Estimated Yearly Salary: 17,498,436 IQD
Estimated Monthly Salary: 1,458,203 IQD
Estimated Weekly Salary: 336,508 IQD per week
Estimated Hourly Salary: 8,413 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: 2024-01-09
Estimated Yearly Salary: 11,808 USD
Estimated Monthly Salary: 984 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: 17,498,436 IQD
Estimated Monthly Salary: 1,458,203 IQD
Estimated Weekly Salary: 336,508 IQD per week
Estimated Hourly Salary: 8,413 IQD per hour
By working as Risk Management Manager a person can save up to 744 USD per month or 8,928 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 Risk Management Manager
Last revision of data: 2025-01-04
Data as of 2025
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Risk Management Manager salary in Iraq
Average Yearly Salary of Risk Management Manager in Iraq is approximately 17,498,436 IQD (11,808 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 Risk Management Manager do?
A risk management manager is responsible for identifying, assessing, and mitigating potential risks that could impact an organization's operations, reputation, or financial stability. They develop and implement risk management strategies, policies, and procedures to ensure compliance with regulatory requirements and industry best practices. The role involves conducting risk assessments, analyzing data and trends, and providing recommendations to senior management on risk mitigation strategies. They collaborate with various departments to identify potential risks and develop contingency plans. Risk management managers also oversee the implementation of risk control measures and monitor their effectiveness. They may be involved in insurance procurement, claims management, and the development of crisis management plans. Strong analytical, communication, and problem-solving skills are essential for this role.
Skills: Risk management, Risk assessment, Compliance, Data analysis, Crisis management, Insurance procurement
Job industry: Finance
Job industry: Finance
How much does Risk Management Manager make?
Salary details
How much does Risk Management Manager make?Estimated Yearly Salary: 17,498,436 IQD
Estimated Monthly Salary: 1,458,203 IQD
Estimated Weekly Salary: 336,508 IQD per week
Estimated Hourly Salary: 8,413 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: 2024-01-09Risk Management Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 11,808 USD
Estimated Monthly Salary: 984 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 Risk Management Manager job salary compared to average salary in Iraq.
Comparison shows that a person working as Risk Management Manager in Iraq earns on average:
2.14 times the average salary (or 214% 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 Risk Management Manager job salary compared to average salary in Iraq.
Comparison shows that a person working as Risk Management Manager in Iraq earns on average:
2.14 times the average salary (or 214% of average salary).
Is Risk Management Manager a well paid job?
Yes, our data show that Risk Management 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 Risk Management Manager?
High salary for Risk Management Manager would be somewhere between 19,248,280 IQD and 25,372,732 IQD. However this is an estimation based on Gaussian Distribution.How much can you save working as Risk Management 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: 17,498,436 IQD
Estimated Monthly Salary: 1,458,203 IQD
Estimated Weekly Salary: 336,508 IQD per week
Estimated Hourly Salary: 8,413 IQD per hour
By working as Risk Management Manager a person can save up to 744 USD per month or 8,928 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 Risk Management Manager
Iran is 15,467 USD
Jordan is 18,618 USD
Kuwait is 26,327 USD
Saudi Arabia is 54,077 USD
Syria is 7,217 USD
Turkey is 20,828 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:
Ccnp engineer (10,598,959 IQD per year, pre-tax.)
Facilities analyst (11,340,264 IQD per year, pre-tax.)
Journey lineman (8,940,618 IQD per year, pre-tax.)
Floor attendant (4,013,536 IQD per year, pre-tax.)
Dietitian (7,996,800 IQD per year, pre-tax.)
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