Home > Salary > Iraq > Underwriting Supervisor
An underwriting supervisor is responsible for overseeing the underwriting process in an insurance company or financial institution. They supervise a team of underwriters and ensure that they adhere to company policies and guidelines. The main duties of an underwriting supervisor include reviewing and approving or denying insurance applications, analyzing risk factors, determining premiums, and providing guidance and support to the underwriting team. They also collaborate with other departments such as claims and sales to resolve any issues or concerns related to underwriting decisions. Strong analytical and decision-making skills are essential for this role, as well as excellent communication and leadership abilities. An underwriting supervisor should have a deep understanding of insurance regulations and industry trends to effectively manage risks and maintain profitability.
Estimated Yearly Salary: 12,138,762 IQD
Estimated Monthly Salary: 1,011,564 IQD
Estimated Weekly Salary: 233,438 IQD per week
Estimated Hourly Salary: 5,836 IQD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 977,256 IQD
Estimated Weekly Salary: 225,521 IQD per week
Estimated Hourly Salary: 5,638 IQD per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 8,176 USD
Estimated Monthly Salary: 681 USD
Estimated Weekly Salary: 157 USD per week
Estimated Hourly Salary: 4 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: 12,138,762 IQD
Estimated Monthly Salary: 1,011,564 IQD
Estimated Weekly Salary: 233,438 IQD per week
Estimated Hourly Salary: 5,836 IQD per hour
By working as Underwriting Supervisor a person can save up to 441 USD per month or 5,296 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 Underwriting Supervisor
Last revision of data: 2025-01-04
Data as of 2025
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Underwriting Supervisor salary in Iraq
Average Yearly Salary of Underwriting Supervisor in Iraq is approximately 12,138,762 IQD (8,176 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 Supervisor do?
An underwriting supervisor is responsible for overseeing the underwriting process in an insurance company or financial institution. They supervise a team of underwriters and ensure that they adhere to company policies and guidelines. The main duties of an underwriting supervisor include reviewing and approving or denying insurance applications, analyzing risk factors, determining premiums, and providing guidance and support to the underwriting team. They also collaborate with other departments such as claims and sales to resolve any issues or concerns related to underwriting decisions. Strong analytical and decision-making skills are essential for this role, as well as excellent communication and leadership abilities. An underwriting supervisor should have a deep understanding of insurance regulations and industry trends to effectively manage risks and maintain profitability.
Skills: Underwriting supervisor, Insurance, Risk analysis, Team management, Policy compliance, Communication skills
Job industry: Finance
Job industry: Finance
How much does Underwriting Supervisor make?
Salary details
How much does Underwriting Supervisor make?Estimated Yearly Salary: 12,138,762 IQD
Estimated Monthly Salary: 1,011,564 IQD
Estimated Weekly Salary: 233,438 IQD per week
Estimated Hourly Salary: 5,836 IQD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 11,727,066 IQDEstimated Monthly Salary: 977,256 IQD
Estimated Weekly Salary: 225,521 IQD per week
Estimated Hourly Salary: 5,638 IQD per hour
Last revision of data: 2024-01-08Underwriting Supervisor estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 8,176 USD
Estimated Monthly Salary: 681 USD
Estimated Weekly Salary: 157 USD per week
Estimated Hourly Salary: 4 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 Underwriting Supervisor job salary compared to average salary in Iraq.
Comparison shows that a person working as Underwriting Supervisor in Iraq earns on average:
1.49 times the average salary (or 149% 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 Underwriting Supervisor job salary compared to average salary in Iraq.
Comparison shows that a person working as Underwriting Supervisor in Iraq earns on average:
1.49 times the average salary (or 149% of average salary).
Is Underwriting Supervisor a well paid job?
Yes, our data shows that Underwriting Supervisor 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 Supervisor?
High salary for Underwriting Supervisor would be somewhere between 13,352,638 IQD and 17,601,205 IQD. However this is an estimation based on Gaussian Distribution.How much can you save working as Underwriting Supervisor 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: 12,138,762 IQD
Estimated Monthly Salary: 1,011,564 IQD
Estimated Weekly Salary: 233,438 IQD per week
Estimated Hourly Salary: 5,836 IQD per hour
By working as Underwriting Supervisor a person can save up to 441 USD per month or 5,296 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 Supervisor
Iran is 10,777 USD
Jordan is 12,930 USD
Kuwait is 18,262 USD
Saudi Arabia is 37,598 USD
Syria is 5,006 USD
Turkey is 14,468 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:
Tasting room associate (4,942,470 IQD per year, pre-tax.)
Agricultural engineer (10,036,800 IQD per year, pre-tax.)
Front end mechanic (5,330,754 IQD per year, pre-tax.)
Aerospace engineering and operations technician (8,142,108 IQD per year, pre-tax.)
Paid search associate (8,142,108 IQD per year, pre-tax.)
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