Account Development Executive salary in Iceland

Average Yearly Salary of Account Development Executive in Iceland is approximately 10,341,267 ISK (72,393 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 Account Development Executive do?

An Account Development Executive is responsible for building and nurturing relationships with potential clients to drive business growth. They identify new sales opportunities, understand client needs, and develop customized solutions to meet those needs. This role requires strong communication and negotiation skills to effectively engage with clients, understand their pain points, and present suitable products or services. Account Development Executives also collaborate closely with the sales team to ensure a seamless transition from prospecting to closing deals. They stay updated on industry trends, competitors, and market conditions to provide valuable insights and recommendations to clients. Overall, an Account Development Executive plays a crucial role in expanding the customer base and driving revenue for the organization.

Skills: Account Development, Sales, Business Development, Relationship Management, Client Engagement, Negotiation Skills
Job industry: Sales

How much does Account Development Executive make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Account Development Executive a well paid job?

Yes, our data show that Account Development Executive 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 Account Development Executive?

High salary for Account Development Executive would be somewhere between 11,375,394 ISK and 14,994,837 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Account Development Executive in Iceland?

Living in Iceland the approximate monthly expenses are: 2,729 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: 10,341,267 ISK
Estimated Monthly Salary: 861,772 ISK
Estimated Weekly Salary: 198,871 ISK per week
Estimated Hourly Salary: 4,972 ISK per hour
By working as Account Development Executive a person can save up to 3,304 USD per month or 39,647 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 Iceland, see costs of living in Iceland.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Norway, Faroe Islands, United Kingdom.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Account Development Executive

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 +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 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.

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Data as of 2025

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