Home > Salary > Iraq > Underwriter Trainee
An underwriter trainee is an entry-level professional who is trained in the field of insurance underwriting. Underwriters assess and evaluate insurance applications to determine the level of risk associated with insuring a person or property. As a trainee, one would work closely with experienced underwriters to learn about the industry's standards, policies, and procedures. They would analyze various factors such as financial statements, medical records, and other relevant documents to make informed decisions on insurability and coverage terms. Underwriter trainees also assist in reviewing policy renewals, making recommendations for adjustments, and providing support to clients and agents.
Estimated Yearly Salary: 9,397,076 IQD
Estimated Monthly Salary: 783,090 IQD
Estimated Weekly Salary: 180,713 IQD per week
Estimated Hourly Salary: 4,518 IQD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 759,278 IQD
Estimated Weekly Salary: 175,218 IQD per week
Estimated Hourly Salary: 4,380 IQD per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 6,385 USD
Estimated Monthly Salary: 532 USD
Estimated Weekly Salary: 123 USD per week
Estimated Hourly Salary: 3 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: 9,397,076 IQD
Estimated Monthly Salary: 783,090 IQD
Estimated Weekly Salary: 180,713 IQD per week
Estimated Hourly Salary: 4,518 IQD per hour
By working as Underwriter Trainee a person can save up to 292 USD per month or 3,505 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 Trainee
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Business intelligence (bi), developer (14,053,806 IQD per year, pre-tax.)
Care home manager (4,488,000 IQD per year, pre-tax.)
Technical services librarian (7,670,400 IQD per year, pre-tax.)
Tibco developer (14,465,914 IQD per year, pre-tax.)
Executive editor (13,219,200 IQD per year, pre-tax.)
Underwriter Trainee salary in Iraq
Average Yearly Salary of Underwriter Trainee in Iraq is approximately 9,397,076 IQD (6,385 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 Trainee do?
An underwriter trainee is an entry-level professional who is trained in the field of insurance underwriting. Underwriters assess and evaluate insurance applications to determine the level of risk associated with insuring a person or property. As a trainee, one would work closely with experienced underwriters to learn about the industry's standards, policies, and procedures. They would analyze various factors such as financial statements, medical records, and other relevant documents to make informed decisions on insurability and coverage terms. Underwriter trainees also assist in reviewing policy renewals, making recommendations for adjustments, and providing support to clients and agents.
Skills: underwriter trainee, insurance, risk assessment, policy analysis, financial evaluation, client support.
Job industry: Insurance
Job industry: Insurance
How much does Underwriter Trainee make?
Salary details
How much does Underwriter Trainee make?Estimated Yearly Salary: 9,397,076 IQD
Estimated Monthly Salary: 783,090 IQD
Estimated Weekly Salary: 180,713 IQD per week
Estimated Hourly Salary: 4,518 IQD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 9,111,336 IQDEstimated Monthly Salary: 759,278 IQD
Estimated Weekly Salary: 175,218 IQD per week
Estimated Hourly Salary: 4,380 IQD per hour
Last revision of data: 2024-01-07Underwriter Trainee estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 6,385 USD
Estimated Monthly Salary: 532 USD
Estimated Weekly Salary: 123 USD per week
Estimated Hourly Salary: 3 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
Please type in your occupation and select desired country to see latest trends in salaries.
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 Trainee job salary compared to average salary in Iraq.
Comparison shows that a person working as Underwriter Trainee in Iraq earns on average:
1.15 times the average salary (or 115% 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 Trainee job salary compared to average salary in Iraq.
Comparison shows that a person working as Underwriter Trainee in Iraq earns on average:
1.15 times the average salary (or 115% of average salary).
Is Underwriter Trainee a well paid job?
Yes, our data show that Underwriter Trainee 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 Trainee?
High salary for Underwriter Trainee would be somewhere between 10,336,784 IQD and 13,625,760 IQD. However this is an estimation based on Gaussian Distribution.How much can you save working as Underwriter Trainee 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: 9,397,076 IQD
Estimated Monthly Salary: 783,090 IQD
Estimated Weekly Salary: 180,713 IQD per week
Estimated Hourly Salary: 4,518 IQD per hour
By working as Underwriter Trainee a person can save up to 292 USD per month or 3,505 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 Trainee
Iran is 8,358 USD
Jordan is 10,108 USD
Kuwait is 14,209 USD
Saudi Arabia is 29,367 USD
Syria is 3,883 USD
Turkey is 11,240 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:
Business intelligence (bi), developer (14,053,806 IQD per year, pre-tax.)
Care home manager (4,488,000 IQD per year, pre-tax.)
Technical services librarian (7,670,400 IQD per year, pre-tax.)
Tibco developer (14,465,914 IQD per year, pre-tax.)
Executive editor (13,219,200 IQD per year, pre-tax.)
Feedback about these results
Please provide feedback by clicking buttons below if you find any of our salaries erroneous.
Link to this graph - use the following code to display the salary graph on your page:
<a href='https://optisalary.com/salary?country=iraq&job=underwriter-trainee'><img src='https://optisalary.com/wp-content/graphs/salary/underwriter-trainee-salary-in-iraq-2025.jpg' alt='underwriter trainee salary in iraq 2025' title='underwriter trainee salary in iraq 2025' /></a>
Please note:The salary estimates on this website are meant for reference purposes only.
The salary estimates on optisalary.com are meant for informational use exclusively. We collect salary data from multiple sources, but do not ensure absolute precision. Users must on their own confirm salaries before making career decisions. Salary variations occur due to company policies, negotiation skills, and experience levels. We deny any warranty regarding the validity of the provided salary data. By using this site, you agree that salary data is subject to updates.
The salary figures on this website are meant for informational purposes only. We collect salary data from varied sources, but do not ensure absolute accuracy. Users must independently verify salaries before making career commitments. Salary variations occur due to company policies, negotiation skills, and experience levels. We disclaim any guarantee regarding the validity of the provided salary data. By accessing this site, you agree that salary data is not definitive.