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Underwriting Account Manager salary in Iraq

Average Yearly Salary of Underwriting Account Manager in Iraq is approximately 9,934,844 IQD (6,722 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 Underwriting Account Manager do?

occupation personasAn underwriting account manager is responsible for managing and overseeing the underwriting process for insurance policies. They work closely with insurance agents, brokers, and clients to evaluate risks, review applications, and determine appropriate coverage levels. The underwriting account manager assesses the financial stability and credibility of potential policyholders, analyzes data and documents, and makes informed decisions on whether to approve or deny insurance applications. They also negotiate policy terms and conditions, ensuring compliance with company guidelines and regulations. Additionally, underwriting account managers monitor policy renewals, handle policy changes, and provide support and guidance to clients throughout the policy lifecycle. Strong analytical skills, attention to detail, and excellent communication abilities are crucial for success in this role.

Skills: underwriting, account management, risk assessment, insurance policies, client relations, policy lifecycle
Job industry: Insurance


How much does Underwriting Account Manager make?

Salary details
How much does Underwriting Account Manager make?
Estimated Yearly Salary: 9,934,844 IQD
Estimated Monthly Salary: 827,904 IQD
Estimated Weekly Salary: 191,055 IQD per week
Estimated Hourly Salary: 4,776 IQD per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 9,595,950 IQD
Estimated Monthly Salary: 799,663 IQD
Estimated Weekly Salary: 184,538 IQD per week
Estimated Hourly Salary: 4,613 IQD per hour
Last revision of data: 2024-01-03



Underwriting Account Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 6,722 USD
Estimated Monthly Salary: 560 USD
Estimated Weekly Salary: 129 USD per week
Estimated Hourly Salary: 3 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 Underwriting Account Manager job salary compared to average salary in Iraq.
Comparison shows that a person working as Underwriting Account Manager in Iraq earns on average:
1.22 times the average salary (or 122% of average salary).

Is Underwriting Account Manager a well paid job?

Yes, our data shows that Underwriting Account Manager 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 Underwriting Account Manager?

High salary for Underwriting Account Manager would be somewhere between 10,928,328 IQD and 14,405,524 IQD. However this is an estimation based on Gaussian Distribution.

How much can you save working as Underwriting Account 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: 9,934,844 IQD
Estimated Monthly Salary: 827,904 IQD
Estimated Weekly Salary: 191,055 IQD per week
Estimated Hourly Salary: 4,776 IQD per hour
By working as Underwriting Account Manager a person can save up to 320 USD per month or 3,842 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 Underwriting Account Manager

Iran is 8,838 USDup arrow 31%
Details on Underwriting Account Manager salary in Iran
Jordan is 10,577 USDup arrow 57%
Details on Underwriting Account Manager salary in Jordan
Kuwait is 14,983 USDup arrow 123%
Details on Underwriting Account Manager salary in Kuwait
Saudi Arabia is 30,759 USDup arrow 358%
Details on Underwriting Account Manager salary in Saudi Arabia
Syria is 4,094 USDdown arrow 39%
Details on Underwriting Account Manager salary in Syria
Turkey is 11,801 USDup arrow 76%
Details on Underwriting Account Manager 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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