Home > Salary > Iceland > Actuarial Technician
An actuarial technician is a professional who supports actuaries in their work of assessing and managing financial risks. They collect and analyze data, perform calculations, and help develop statistical models to evaluate the probability of events such as accidents, illnesses, or deaths. Actuarial technicians also assist in the preparation of reports and presentations, ensuring that they are accurate and comply with industry regulations.
Estimated Yearly Salary: 10,435,712 ISK
Estimated Monthly Salary: 869,643 ISK
Estimated Weekly Salary: 200,687 ISK per week
Estimated Hourly Salary: 5,017 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 841,817 ISK
Estimated Weekly Salary: 194,266 ISK per week
Estimated Hourly Salary: 4,857 ISK per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 73,315 USD
Estimated Monthly Salary: 6,110 USD
Estimated Weekly Salary: 1,410 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: 10,435,712 ISK
Estimated Monthly Salary: 869,643 ISK
Estimated Weekly Salary: 200,687 ISK per week
Estimated Hourly Salary: 5,017 ISK per hour
By working as Actuarial Technician a person can save up to 3,381 USD per month or 40,569 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 Actuarial Technician
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Business sales manager (10,650,267 ISK per year, pre-tax.)
Senior contract administrator (12,619,166 ISK per year, pre-tax.)
Obstetrician gynecologist (obgyn) (45,590,798 ISK per year, pre-tax.)
Blog writer (5,906,830 ISK per year, pre-tax.)
Online media analyst (9,357,491 ISK per year, pre-tax.)
Actuarial Technician salary in Iceland
Average Yearly Salary of Actuarial Technician in Iceland is approximately 10,435,712 ISK (73,315 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 Actuarial Technician do?
An actuarial technician is a professional who supports actuaries in their work of assessing and managing financial risks. They collect and analyze data, perform calculations, and help develop statistical models to evaluate the probability of events such as accidents, illnesses, or deaths. Actuarial technicians also assist in the preparation of reports and presentations, ensuring that they are accurate and comply with industry regulations.
Skills: Actuarial analysis, Risk management, Statistical modeling, Data analysis, Financial forecasting, Compliance.
Job industry: Insurance
Job industry: Insurance
How much does Actuarial Technician make?
Salary details
How much does Actuarial Technician make?Estimated Yearly Salary: 10,435,712 ISK
Estimated Monthly Salary: 869,643 ISK
Estimated Weekly Salary: 200,687 ISK per week
Estimated Hourly Salary: 5,017 ISK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 10,101,806 ISKEstimated Monthly Salary: 841,817 ISK
Estimated Weekly Salary: 194,266 ISK per week
Estimated Hourly Salary: 4,857 ISK per hour
Last revision of data: 2024-01-08Actuarial Technician estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 73,315 USD
Estimated Monthly Salary: 6,110 USD
Estimated Weekly Salary: 1,410 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
Please type in your occupation and select desired country to see latest trends in salaries.
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 Actuarial Technician job salary compared to average salary in Iceland.
Comparison shows that a person working as Actuarial Technician in Iceland earns on average:
1.17 times the average salary (or 117% 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 Actuarial Technician job salary compared to average salary in Iceland.
Comparison shows that a person working as Actuarial Technician in Iceland earns on average:
1.17 times the average salary (or 117% of average salary).
Is Actuarial Technician a well paid job?
Yes, our data show that Actuarial Technician 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 Actuarial Technician?
High salary for Actuarial Technician would be somewhere between 11,479,283 ISK and 15,131,782 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Actuarial Technician 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: 10,435,712 ISK
Estimated Monthly Salary: 869,643 ISK
Estimated Weekly Salary: 200,687 ISK per week
Estimated Hourly Salary: 5,017 ISK per hour
By working as Actuarial Technician a person can save up to 3,381 USD per month or 40,569 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 Actuarial Technician
Norway is 102,379 USD
United Kingdom is 48,054 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:
Business sales manager (10,650,267 ISK per year, pre-tax.)
Senior contract administrator (12,619,166 ISK per year, pre-tax.)
Obstetrician gynecologist (obgyn) (45,590,798 ISK per year, pre-tax.)
Blog writer (5,906,830 ISK per year, pre-tax.)
Online media analyst (9,357,491 ISK per year, pre-tax.)
Feedback about these results
Please provide feedback by clicking buttons below if you find any of our salaries erroneous.
Link to this graph - use the following code to display the salary graph on your page:
<a href='https://optisalary.com/salary?country=iceland&job=actuarial-technician'><img src='https://optisalary.com/wp-content/graphs/salary/actuarial-technician-salary-in-iceland-2025.jpg' alt='actuarial technician salary in iceland 2025' title='actuarial technician salary in iceland 2025' /></a>
Please note:This website aggregates salary data for informational purposes exclusively.
This website offers salary estimates for informational purposes exclusively. While we gather data from various providers, we do not ensure absolute accuracy. Users are encouraged to consult external platforms before making any career moves. Salaries shift due to numerous elements, such as market demand, employer policies, and geographic location. We cannot provide guarantee regarding the validity of the displayed salary data. Your use of this site confirms your acceptance of these terms.
All salary figures on optisalary.com are for informational purposes exclusively. We compile data from numerous trusted databases, yet do not guarantee complete accuracy. Before making financial choices, users should consult additional verified sources. Salaries fluctuate due to several factors, including negotiation skills, industry demand, and experience levels. We deny any responsibility for misrepresentations in the salary estimates provided here. Your use with optisalary.com constitutes agreement of this disclaimer.