Claims Supervisor salary in Iceland

Average Yearly Salary of Claims Supervisor in Iceland is approximately 13,516,251 ISK (94,878 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 Claims Supervisor do?

A claims supervisor is responsible for overseeing the claims process within an organization. They manage a team of claims adjusters and ensure that claims are processed accurately, efficiently, and in accordance with company policies and procedures. The claims supervisor is also involved in resolving complex or escalated claims issues, providing guidance to the team, and ensuring customer satisfaction. They review and analyze claims documentation, communicate with customers and other stakeholders, and make decisions on claim settlements. The claims supervisor may also be involved in training new staff, conducting performance evaluations, and implementing process improvements.

Skills: Claims supervisor, Claims management, Insurance claims, Team management, Customer service, Process improvement
Job industry: Insurance

How much does Claims Supervisor make?

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


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Salary comparison to National average

Is Claims Supervisor a well paid job?

Yes, our data shows that Claims 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 Claims Supervisor?

High salary for Claims Supervisor would be somewhere between 14,867,876 ISK and 19,598,564 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Claims Supervisor 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: 13,516,251 ISK
Estimated Monthly Salary: 1,126,354 ISK
Estimated Weekly Salary: 259,928 ISK per week
Estimated Hourly Salary: 6,498 ISK per hour
By working as Claims Supervisor a person can save up to 5,178 USD per month or 62,132 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 Claims Supervisor

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.

Top 10 highest salaries in Iceland

Data as of 2025

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