Hospital Insurance Representative salary in Iceland

Average Yearly Salary of Hospital Insurance Representative in Iceland is approximately 6,057,684 ISK (42,382 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 Hospital Insurance Representative do?

A hospital insurance representative is responsible for assisting patients with their insurance claims and ensuring that the hospital receives appropriate reimbursement for services rendered. They gather patient information, verify insurance coverage, and communicate with insurance companies to obtain authorization for procedures and treatments. Additionally, they explain insurance policies and benefits to patients, help them understand their financial responsibility, and assist in resolving any billing or claims issues. Hospital insurance representatives must have excellent communication and customer service skills, as they interact with patients, healthcare providers, and insurance company representatives on a regular basis. They need to be detail-oriented, organized, and knowledgeable about insurance regulations and procedures. This occupation requires strong problem-solving skills and the ability to work well under pressure.

Skills: hospital insurance representative, insurance claims, reimbursement, patient assistance, insurance policies, billing and claims
Job industry: Insurance

How much does Hospital Insurance Representative make?

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


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Salary comparison to National average

Is Hospital Insurance Representative a well paid job?

No, our data shows that Hospital Insurance Representative is typically not a well-paid job. The salary varies based on experience. Meaning that even though Hospital Insurance Representative might be a low paying job, with experience the salary might increase to satisfactory levels.

What is considered a high salary for Hospital Insurance Representative?

High salary for Hospital Insurance Representative would be somewhere between 6,663,452 ISK and 8,783,642 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Hospital Insurance Representative 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: 6,057,684 ISK
Estimated Monthly Salary: 504,807 ISK
Estimated Weekly Salary: 116,494 ISK per week
Estimated Hourly Salary: 2,912 ISK per hour
By working as Hospital Insurance Representative a person can save up to 803 USD per month or 9,636 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 Hospital Insurance Representative

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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