Drug Safety Associate salary in Iceland

Average Yearly Salary of Drug Safety Associate in Iceland is approximately 14,882,461 ISK (104,151 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 Drug Safety Associate do?

A drug safety associate plays a crucial role in the pharmaceutical industry by ensuring the safety and efficacy of drugs. Their primary responsibility is to monitor adverse events and ensure compliance with regulatory requirements. They review and analyze clinical trial data, case reports, and other sources to identify potential safety concerns or trends. Drug safety associates also assist in the preparation of safety reports and documentation for regulatory submissions. They collaborate with cross-functional teams, including medical affairs and regulatory affairs, to provide accurate safety information and support risk management activities. Attention to detail, strong analytical skills, and knowledge of pharmacovigilance regulations are essential for this role.

Skills: drug safety, pharmacovigilance, adverse events, regulatory compliance, risk management, pharmaceutical industry.
Job industry: Pharmaceutical

How much does Drug Safety Associate make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Drug Safety Associate a well paid job?

Yes, our data shows that Drug Safety Associate 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 Drug Safety Associate?

High salary for Drug Safety Associate would be somewhere between 16,370,707 ISK and 21,579,568 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Drug Safety Associate 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: 14,882,461 ISK
Estimated Monthly Salary: 1,240,205 ISK
Estimated Weekly Salary: 286,201 ISK per week
Estimated Hourly Salary: 7,155 ISK per hour
By working as Drug Safety Associate a person can save up to 5,950 USD per month or 71,405 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 Drug Safety Associate

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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