Home > Salary > Iceland > Institutional Asset Manager
An institutional asset manager is responsible for overseeing and managing the investments of large financial institutions, such as pension funds, insurance companies, and endowments. They analyze market trends, assess risks, and make investment decisions to maximize returns while aligning with the institution's objectives and risk tolerance. Their role involves conducting extensive research, monitoring portfolios, and implementing investment strategies to achieve long-term growth. They also collaborate with clients, providing regular reports on performance and offering recommendations for adjustments to the investment portfolio.
Estimated Yearly Salary: 29,047,540 ISK
Estimated Monthly Salary: 2,420,628 ISK
Estimated Weekly Salary: 558,607 ISK per week
Estimated Hourly Salary: 13,965 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 2,339,361 ISK
Estimated Weekly Salary: 539,853 ISK per week
Estimated Hourly Salary: 13,496 ISK per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 203,006 USD
Estimated Monthly Salary: 16,917 USD
Estimated Weekly Salary: 3,904 USD per week
Estimated Hourly Salary: 98 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: 29,047,540 ISK
Estimated Monthly Salary: 2,420,628 ISK
Estimated Weekly Salary: 558,607 ISK per week
Estimated Hourly Salary: 13,965 ISK per hour
By working as Institutional Asset Manager a person can save up to 14,188 USD per month or 170,260 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 Institutional Asset Manager
Last revision of data: 2025-01-04
Data as of 2025
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Institutional Asset Manager salary in Iceland
Average Yearly Salary of Institutional Asset Manager in Iceland is approximately 29,047,540 ISK (203,006 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 Institutional Asset Manager do?
An institutional asset manager is responsible for overseeing and managing the investments of large financial institutions, such as pension funds, insurance companies, and endowments. They analyze market trends, assess risks, and make investment decisions to maximize returns while aligning with the institution's objectives and risk tolerance. Their role involves conducting extensive research, monitoring portfolios, and implementing investment strategies to achieve long-term growth. They also collaborate with clients, providing regular reports on performance and offering recommendations for adjustments to the investment portfolio.Skills: Institutional asset management, Investment analysis, Portfolio management, Risk assessment, Financial research, Client relationship management
Job industry: Finance
Job industry: Finance
How much does Institutional Asset Manager make?
Salary details
How much does Institutional Asset Manager make?Estimated Yearly Salary: 29,047,540 ISK
Estimated Monthly Salary: 2,420,628 ISK
Estimated Weekly Salary: 558,607 ISK per week
Estimated Hourly Salary: 13,965 ISK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 28,072,330 ISKEstimated Monthly Salary: 2,339,361 ISK
Estimated Weekly Salary: 539,853 ISK per week
Estimated Hourly Salary: 13,496 ISK per hour
Last revision of data: 2024-01-02Institutional Asset Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 203,006 USD
Estimated Monthly Salary: 16,917 USD
Estimated Weekly Salary: 3,904 USD per week
Estimated Hourly Salary: 98 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
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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 Institutional Asset Manager job salary compared to average salary in Iceland.
Comparison shows that a person working as Institutional Asset Manager in Iceland earns on average:
3.25 times the average salary (or 325% 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 Institutional Asset Manager job salary compared to average salary in Iceland.
Comparison shows that a person working as Institutional Asset Manager in Iceland earns on average:
3.25 times the average salary (or 325% of average salary).
Is Institutional Asset Manager a well paid job?
Yes, our data show that Institutional Asset Manager 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 Institutional Asset Manager?
High salary for Institutional Asset Manager would be somewhere between 31,952,294 ISK and 42,118,933 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Institutional Asset Manager 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: 29,047,540 ISK
Estimated Monthly Salary: 2,420,628 ISK
Estimated Weekly Salary: 558,607 ISK per week
Estimated Hourly Salary: 13,965 ISK per hour
By working as Institutional Asset Manager a person can save up to 14,188 USD per month or 170,260 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 Institutional Asset Manager
Norway is 283,516 USD
United Kingdom is 133,201 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:
Army major infantry (9,964,091 ISK per year, pre-tax.)
Storeperson (3,163,211 ISK per year, pre-tax.)
Security administrator computer network (9,094,231 ISK per year, pre-tax.)
Banquet cook (5,608,983 ISK per year, pre-tax.)
Human resources (hr), intern (4,922,380 ISK per year, pre-tax.)
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