Director Of Managed Care salary in Iceland

Average Yearly Salary of Director Of Managed Care in Iceland is approximately 22,779,220 ISK (158,960 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 Director Of Managed Care do?

The Director of Managed Care is responsible for overseeing and managing all aspects of a healthcare organization's managed care programs. They work closely with insurance providers, negotiate contracts, and ensure compliance with regulations and policies. The director develops strategies to optimize reimbursement rates, minimize costs, and enhance the quality of care provided to patients. They analyze data and trends to identify areas for improvement, implement innovative solutions, and monitor the performance of managed care programs. Additionally, they collaborate with other departments to develop and implement policies and procedures that align with the organization's goals and objectives. The director also acts as a liaison between the healthcare organization, insurance companies, and other stakeholders, ensuring effective communication and collaboration. Overall, the director of managed care plays a crucial role in maximizing revenue, controlling costs, and improving the overall efficiency and effectiveness of managed care programs.

Skills: managed care, healthcare administration, insurance negotiations, cost optimization, compliance, data analysis
Job industry: Healthcare

How much does Director Of Managed Care make?

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


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Salary comparison to National average

Is Director Of Managed Care a well paid job?

Yes, our data show that Director Of Managed Care is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Director Of Managed Care?

High salary for Director Of Managed Care would be somewhere between 25,057,142 ISK and 33,029,869 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Director Of Managed Care 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: 22,779,220 ISK
Estimated Monthly Salary: 1,898,268 ISK
Estimated Weekly Salary: 438,062 ISK per week
Estimated Hourly Salary: 10,952 ISK per hour
By working as Director Of Managed Care a person can save up to 10,518 USD per month or 126,214 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 Director Of Managed Care

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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