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Underwriter Associate salary in Iraq

Average Yearly Salary of Underwriter Associate in Iraq is approximately 7,424,890 IQD (5,013 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 Underwriter Associate do?

occupation personasAn underwriter associate is a professional who works in the insurance industry, specifically in the underwriting department. Their primary responsibility is to assess the risk associated with insurance applications and determine the appropriate coverage and premium rates. Underwriter associates review policy applications, analyze data, and evaluate risk factors such as medical history, financial status, and previous claims. They collaborate with underwriters to make informed decisions regarding acceptance or rejection of insurance applications. Additionally, they may assist in preparing reports, maintaining records, and providing customer service.

Skills: underwriting, risk assessment, insurance industry, policy analysis, data analysis, customer service
Job industry: Insurance


How much does Underwriter Associate make?

Salary details
How much does Underwriter Associate make?
Estimated Yearly Salary: 7,424,890 IQD
Estimated Monthly Salary: 618,741 IQD
Estimated Weekly Salary: 142,786 IQD per week
Estimated Hourly Salary: 3,570 IQD per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 7,172,880 IQD
Estimated Monthly Salary: 597,740 IQD
Estimated Weekly Salary: 137,940 IQD per week
Estimated Hourly Salary: 3,449 IQD per hour
Last revision of data: 2024-01-03



Underwriter Associate estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 5,013 USD
Estimated Monthly Salary: 418 USD
Estimated Weekly Salary: 96 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 Underwriter Associate job salary compared to average salary in Iraq.
Comparison shows that a person working as Underwriter Associate in Iraq earns on average:
0.91 times the average salary (or 91% of average salary).

Is Underwriter Associate a well paid job?

Yes, our data show that Underwriter Associate 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 Underwriter Associate?

High salary for Underwriter Associate would be somewhere between 8,167,379 IQD and 10,766,091 IQD. However this is an estimation based on Gaussian Distribution.

How much can you save working as Underwriter Associate 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: 7,424,890 IQD
Estimated Monthly Salary: 618,741 IQD
Estimated Weekly Salary: 142,786 IQD per week
Estimated Hourly Salary: 3,570 IQD per hour
By working as Underwriter Associate a person can save up to 178 USD per month or 2,133 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 Underwriter Associate

Iran is 6,582 USDup arrow 31%
Details on Underwriter Associate salary in Iran
Jordan is 7,927 USDup arrow 58%
Details on Underwriter Associate salary in Jordan
Kuwait is 11,201 USDup arrow 123%
Details on Underwriter Associate salary in Kuwait
Saudi Arabia is 23,002 USDup arrow 359%
Details on Underwriter Associate salary in Saudi Arabia
Syria is 3,071 USDdown arrow 39%
Details on Underwriter Associate salary in Syria
Turkey is 8,813 USDup arrow 76%
Details on Underwriter Associate 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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