🇮🇸 Market Updated March 2, 2026

Insurance Salaries in Iceland

Explore comprehensive salary data, career paths, and job opportunities in the insurance sector across Iceland based on real-time market data.

Avg Category Salary / year
7,800,670 ISK
Highest Salary / year
14,880,300 ISK
Entry Level / year
2,878,300 ISK

Job Roles & Compensation

Job TitleSalary / year (ISK)Salary / year (USD)National Tier
Risk Management Director 14,880,300 ISK $106,256.99 Middle 40%
Risk Manager 14,280,500 ISK $101,973.95 Middle 40%
Risk Modeling Manager 14,158,800 ISK $101,104.91 Middle 40%
Insurance Manager 13,319,300 ISK $95,110.23 Middle 40%
Insurance Operations Manager 13,079,500 ISK $93,397.87 Middle 40%
Insurance Sales Director 12,721,300 ISK $90,840.04 Middle 40%
Policy Change Director 11,998,600 ISK $85,679.39 Middle 40%
Auditing Insurance Manager 11,569,500 ISK $82,615.28 Middle 40%
Claims Manager 10,943,000 ISK $78,141.58 Middle 40%
Loss Prevention Manager 10,882,800 ISK $77,711.71 Middle 40%
Actuary 10,475,000 ISK $74,799.7 Middle 40%
Actuarial Analyst 10,403,600 ISK $74,289.85 Middle 40%
Insurance Project Manager 10,162,800 ISK $72,570.35 Middle 40%
Insurance Account Manager 10,102,100 ISK $72,136.9 Middle 40%
Insurance Sales Manager 9,935,600 ISK $70,947.96 Middle 40%
Insurance Program Manager 9,850,400 ISK $70,339.57 Middle 40%
Risk Management Supervisor 9,565,900 ISK $68,308.01 Middle 40%
Insurance Accounts Executive 8,795,700 ISK $62,808.18 Middle 40%
Loss Prevention Specialist 8,795,700 ISK $62,808.18 Middle 40%
Assistant Claims Manager 8,771,100 ISK $62,632.52 Middle 40%
Eligibility Interviewer 8,689,800 ISK $62,051.97 Middle 40%
Risk Analyst 8,554,100 ISK $61,082.97 Middle 40%
Insurance Team Leader 8,386,300 ISK $59,884.75 Middle 40%
Policy Change Supervisor 8,305,400 ISK $59,307.06 Middle 40%
Training Manager 8,279,300 ISK $59,120.68 Middle 40%
Broker 8,206,100 ISK $58,597.98 Middle 40%
Claims Resolution Specialist 8,123,400 ISK $58,007.43 Middle 40%
Consultant 7,980,700 ISK $56,988.44 Middle 40%
Insurance Appraiser 7,896,400 ISK $56,386.48 Middle 40%
Medical Auditor 7,872,400 ISK $56,215.1 Middle 40%
Loss Prevention Investigator 7,789,700 ISK $55,624.55 Middle 40%
Eligibility Specialist 7,750,400 ISK $55,343.92 Middle 40%
Claims Supervisor 7,669,900 ISK $54,769.09 Middle 40%
Claim Advocacy Professional 7,572,700 ISK $54,075 Middle 40%
Compliance Examiner 7,572,700 ISK $54,075 Middle 40%
Insurance Analyst 7,548,300 ISK $53,900.77 Middle 40%
Complaints Specialist 7,523,300 ISK $53,722.25 Middle 40%
Payment Services Specialist 7,510,300 ISK $53,629.42 Middle 40%
Compliance Reviewer 7,464,400 ISK $53,301.66 Middle 40%
Insurance Adjuster 7,464,400 ISK $53,301.66 Middle 40%
Actuarial Specialist 7,404,700 ISK $52,875.35 Middle 40%
Insurance Investigator 7,393,200 ISK $52,793.23 Middle 40%
Actuarial Assistant 7,321,700 ISK $52,282.67 Middle 40%
Loss Control Specialist 7,236,200 ISK $51,672.13 Middle 40%
Insurance Examiner 7,199,500 ISK $51,410.06 Middle 40%
Insurance Quality Assurance Agent 6,682,700 ISK $47,719.71 Middle 40%
Compliance Officer 6,564,600 ISK $46,876.38 Middle 40%
Title Insurance Typist 6,539,600 ISK $46,697.86 Middle 40%
Insurance Pricing Assistant 6,058,300 ISK $43,261 Middle 40%
Marine Underwriter 5,747,700 ISK $41,043.08 Middle 40%
Monitoring and Performance Officer 5,686,100 ISK $40,603.2 Middle 40%
Insurance Underwriter 5,605,200 ISK $40,025.51 Middle 40%
Insurance Agent 4,883,400 ISK $34,871.3 Bottom 50%
Assistant Broker 4,752,100 ISK $33,933.71 Bottom 50%
Insurance Sales Agent 4,654,300 ISK $33,235.34 Bottom 50%
Associate Insurance Representative 4,282,500 ISK $30,580.4 Bottom 50%
Insurance Sales Representative 4,067,600 ISK $29,045.85 Bottom 50%
Claims Analyst 4,043,600 ISK $28,874.47 Bottom 50%
Claims Examiner 4,032,100 ISK $28,792.35 Bottom 50%
Policy Change Technician 3,718,600 ISK $26,553.71 Bottom 50%
Claims Representative 3,610,800 ISK $25,783.94 Bottom 50%
Insurance Claims Clerk 2,928,100 ISK $20,908.93 Bottom 50%
Insurance Policy Processing Clerk 2,914,600 ISK $20,812.53 Bottom 50%
Adjustment Insurance Clerk 2,893,600 ISK $20,662.57 Bottom 50%
Claims Adjuster 2,893,600 ISK $20,662.57 Bottom 50%
Claims Processor 2,878,300 ISK $20,553.31 Bottom 50%

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