Home > Salary > Iceland > Account Manager 1
An Account Manager is responsible for maintaining and nurturing relationships with clients in order to maximize sales opportunities and ensure client satisfaction. They act as the main point of contact between the company and its clients, understanding their needs, addressing any concerns, and providing solutions. Account Managers also collaborate with internal teams to develop strategies to achieve sales goals and identify new business opportunities. They are responsible for managing client accounts, tracking sales performance, and preparing reports to present to management. Excellent communication, negotiation, and problem-solving skills are essential for success in this role.
Estimated Yearly Salary: 10,543,596 ISK
Estimated Monthly Salary: 878,633 ISK
Estimated Weekly Salary: 202,761 ISK per week
Estimated Hourly Salary: 5,069 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 850,671 ISK
Estimated Weekly Salary: 196,309 ISK per week
Estimated Hourly Salary: 4,908 ISK per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 73,678 USD
Estimated Monthly Salary: 6,140 USD
Estimated Weekly Salary: 1,417 USD per week
Estimated Hourly Salary: 35 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: 10,543,596 ISK
Estimated Monthly Salary: 878,633 ISK
Estimated Weekly Salary: 202,761 ISK per week
Estimated Hourly Salary: 5,069 ISK per hour
By working as Account Manager 1 a person can save up to 3,411 USD per month or 40,932 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.
Estimated Yearly Salary for Account Manager 1
Last revision of data: 2025-01-04
Data as of 2025
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Account Manager 1 salary in Iceland
Average Yearly Salary of Account Manager 1 in Iceland is approximately 10,543,596 ISK (73,678 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 Manager 1 do?
An Account Manager is responsible for maintaining and nurturing relationships with clients in order to maximize sales opportunities and ensure client satisfaction. They act as the main point of contact between the company and its clients, understanding their needs, addressing any concerns, and providing solutions. Account Managers also collaborate with internal teams to develop strategies to achieve sales goals and identify new business opportunities. They are responsible for managing client accounts, tracking sales performance, and preparing reports to present to management. Excellent communication, negotiation, and problem-solving skills are essential for success in this role.
Skills: Account Management, Client Relations, Sales, Customer Service, Business Development, Relationship Building
Job industry: Sales
Job industry: Sales
How much does Account Manager 1 make?
Salary details
How much does Account Manager 1 make?Estimated Yearly Salary: 10,543,596 ISK
Estimated Monthly Salary: 878,633 ISK
Estimated Weekly Salary: 202,761 ISK per week
Estimated Hourly Salary: 5,069 ISK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 10,208,055 ISKEstimated Monthly Salary: 850,671 ISK
Estimated Weekly Salary: 196,309 ISK per week
Estimated Hourly Salary: 4,908 ISK per hour
Last revision of data: 2024-01-07Account Manager 1 estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 73,678 USD
Estimated Monthly Salary: 6,140 USD
Estimated Weekly Salary: 1,417 USD per week
Estimated Hourly Salary: 35 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
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Country:
Salary comparison to National average
Iceland, a Nordic island country located in the North Atlantic Ocean, is known for its stunning natural landscapes and unique geological features. With a population of approximately 366,000 people, Iceland is one of the least densely populated countries in Europe. The country covers an area of about 103,000 square kilometers, making it the 18th largest island in the world.
Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Account Manager 1 job salary compared to average salary in Iceland.
Comparison shows that a person working as Account Manager 1 in Iceland earns on average:
1.18 times the average salary (or 118% of average salary).
Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Account Manager 1 job salary compared to average salary in Iceland.
Comparison shows that a person working as Account Manager 1 in Iceland earns on average:
1.18 times the average salary (or 118% of average salary).
Is Account Manager 1 a well paid job?
Yes, our data show that Account Manager 1 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 Manager 1?
High salary for Account Manager 1 would be somewhere between 11,597,956 ISK and 15,288,214 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Account Manager 1 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: 10,543,596 ISK
Estimated Monthly Salary: 878,633 ISK
Estimated Weekly Salary: 202,761 ISK per week
Estimated Hourly Salary: 5,069 ISK per hour
By working as Account Manager 1 a person can save up to 3,411 USD per month or 40,932 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 Manager 1
Norway is 103,341 USD
United Kingdom is 48,697 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 Iceland
(101,519,791 ISK per year, pre-tax.)
2. Cardiologist
(84,892,494 ISK per year, pre-tax.)
(82,036,676 ISK per year, pre-tax.)
4. Neurosurgeon
(79,530,435 ISK per year, pre-tax.)
(79,217,486 ISK per year, pre-tax.)
(77,544,423 ISK per year, pre-tax.)
(77,443,218 ISK per year, pre-tax.)
(77,278,803 ISK per year, pre-tax.)
9. Oncologist
(77,260,671 ISK per year, pre-tax.)
(77,231,503 ISK per year, pre-tax.)
Data as of 2025Random salary:
Hand polishing worker (5,535,619 ISK per year, pre-tax.)
Instructor engineering (11,165,154 ISK per year, pre-tax.)
Dietary worker (3,163,211 ISK per year, pre-tax.)
Criminologist (6,800,880 ISK per year, pre-tax.)
Senior pharmacy technician (5,219,275 ISK per year, pre-tax.)
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