Insurance Claims Assistant salary in Iceland

Average Yearly Salary of Insurance Claims Assistant in Iceland is approximately 6,368,285 ISK (44,702 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 Insurance Claims Assistant do?

An insurance claims assistant is responsible for assisting with the processing and handling of insurance claims. They work closely with insurance adjusters and agents to ensure that claims are accurately documented, processed, and resolved in a timely manner. Their duties include reviewing claim forms and supporting documents, conducting investigations, verifying policy coverage, and communicating with policyholders and other parties involved in the claims process. Insurance claims assistants also assist with data entry, record keeping, and maintaining claim files. They may also be involved in negotiating settlements and coordinating with repair shops or medical providers. This role requires strong organizational skills, attention to detail, and the ability to effectively communicate both verbally and in writing.

Skills: insurance claims, claims processing, insurance industry, administrative support, customer service, data entry
Job industry: Insurance

How much does Insurance Claims Assistant make?

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


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Salary comparison to National average

Is Insurance Claims Assistant a well paid job?

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

What is considered a high salary for Insurance Claims Assistant?

High salary for Insurance Claims Assistant would be somewhere between 7,005,114 ISK and 9,234,013 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Insurance Claims Assistant 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: 6,368,285 ISK
Estimated Monthly Salary: 530,690 ISK
Estimated Weekly Salary: 122,467 ISK per week
Estimated Hourly Salary: 3,062 ISK per hour
By working as Insurance Claims Assistant a person can save up to 996 USD per month or 11,956 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 Insurance Claims Assistant

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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