Home > Salary > Iraq > Underwriter Specialist
An underwriter specialist is a professional who works in the insurance industry and is responsible for evaluating and assessing insurance applications. Their main role is to determine the level of risk associated with insuring a person or property and decide whether to approve or deny the application. Underwriter specialists carefully review all relevant information, such as medical records, financial statements, and policy details, to make informed decisions. They also calculate premiums and establish coverage limits based on their analysis. This occupation requires strong analytical skills, attention to detail, and knowledge of insurance policies and regulations. Effective communication skills are also essential as underwriter specialists often interact with clients, agents, and other professionals in the insurance industry.
Estimated Yearly Salary: 16,234,851 IQD
Estimated Monthly Salary: 1,352,904 IQD
Estimated Weekly Salary: 312,209 IQD per week
Estimated Hourly Salary: 7,805 IQD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,308,483 IQD
Estimated Weekly Salary: 301,958 IQD per week
Estimated Hourly Salary: 7,549 IQD per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 10,960 USD
Estimated Monthly Salary: 913 USD
Estimated Weekly Salary: 211 USD per week
Estimated Hourly Salary: 5 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
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: 16,234,851 IQD
Estimated Monthly Salary: 1,352,904 IQD
Estimated Weekly Salary: 312,209 IQD per week
Estimated Hourly Salary: 7,805 IQD per hour
By working as Underwriter Specialist a person can save up to 673 USD per month or 8,080 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 Underwriter Specialist
Last revision of data: 2025-01-04
Data as of 2025
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Underwriter Specialist salary in Iraq
Average Yearly Salary of Underwriter Specialist in Iraq is approximately 16,234,851 IQD (10,960 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 Specialist do?
An underwriter specialist is a professional who works in the insurance industry and is responsible for evaluating and assessing insurance applications. Their main role is to determine the level of risk associated with insuring a person or property and decide whether to approve or deny the application. Underwriter specialists carefully review all relevant information, such as medical records, financial statements, and policy details, to make informed decisions. They also calculate premiums and establish coverage limits based on their analysis. This occupation requires strong analytical skills, attention to detail, and knowledge of insurance policies and regulations. Effective communication skills are also essential as underwriter specialists often interact with clients, agents, and other professionals in the insurance industry.
Skills: underwriter specialist, insurance industry, risk assessment, policy evaluation, premium calculation, analytical skills
Job industry: Insurance
Job industry: Insurance
How much does Underwriter Specialist make?
Salary details
How much does Underwriter Specialist make?Estimated Yearly Salary: 16,234,851 IQD
Estimated Monthly Salary: 1,352,904 IQD
Estimated Weekly Salary: 312,209 IQD per week
Estimated Hourly Salary: 7,805 IQD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 15,701,790 IQDEstimated Monthly Salary: 1,308,483 IQD
Estimated Weekly Salary: 301,958 IQD per week
Estimated Hourly Salary: 7,549 IQD per hour
Last revision of data: 2024-01-02Underwriter Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 10,960 USD
Estimated Monthly Salary: 913 USD
Estimated Weekly Salary: 211 USD per week
Estimated Hourly Salary: 5 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %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 Underwriter Specialist job salary compared to average salary in Iraq.
Comparison shows that a person working as Underwriter Specialist in Iraq earns on average:
1.99 times the average salary (or 199% 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 Underwriter Specialist job salary compared to average salary in Iraq.
Comparison shows that a person working as Underwriter Specialist in Iraq earns on average:
1.99 times the average salary (or 199% of average salary).
Is Underwriter Specialist a well paid job?
Yes, our data shows that Underwriter Specialist 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 Underwriter Specialist?
High salary for Underwriter Specialist would be somewhere between 17,858,336 IQD and 23,540,534 IQD. However this is an estimation based on Gaussian Distribution.How much can you save working as Underwriter Specialist 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: 16,234,851 IQD
Estimated Monthly Salary: 1,352,904 IQD
Estimated Weekly Salary: 312,209 IQD per week
Estimated Hourly Salary: 7,805 IQD per hour
By working as Underwriter Specialist a person can save up to 673 USD per month or 8,080 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 Specialist
Iran is 14,484 USD
Jordan is 17,422 USD
Kuwait is 24,415 USD
Saudi Arabia is 50,287 USD
Syria is 6,690 USD
Turkey is 19,352 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:
Embedded systems engineer (13,935,486 IQD per year, pre-tax.)
Graphic artist (4,470,309 IQD per year, pre-tax.)
Gas appliance servicer (7,302,610 IQD per year, pre-tax.)
Pipeline integrity specialist (12,771,267 IQD per year, pre-tax.)
Vice president (vp), supply chain management (29,766,555 IQD per year, pre-tax.)
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