Insurance Claims Service Consultant salary in Iceland

Average Yearly Salary of Insurance Claims Service Consultant in Iceland is approximately 14,821,141 ISK (103,616 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 Service Consultant do?

An insurance claims service consultant is responsible for assisting policyholders in navigating the claims process and ensuring timely and accurate resolution of insurance claims. They act as a liaison between the policyholder, insurance company, and other parties involved in the claim, such as adjusters, contractors, and healthcare providers. Their primary duties include gathering necessary documentation, reviewing policies, assessing damages or losses, determining coverage, negotiating settlements, and providing guidance and support to policyholders throughout the claims process. They must have strong communication and customer service skills to effectively handle inquiries, address concerns, and provide accurate information. Attention to detail, problem-solving abilities, and knowledge of insurance policies and regulations are essential for this role.

Skills: Insurance claims, Claims service consultant, Customer service, Policyholder support, Claims process, Insurance industry
Job industry: Insurance

How much does Insurance Claims Service Consultant 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 Service Consultant a well paid job?

Yes, our data shows that Insurance Claims Service Consultant 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 Insurance Claims Service Consultant?

High salary for Insurance Claims Service Consultant would be somewhere between 16,303,255 ISK and 21,490,654 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Insurance Claims Service Consultant 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: 14,821,141 ISK
Estimated Monthly Salary: 1,235,095 ISK
Estimated Weekly Salary: 285,022 ISK per week
Estimated Hourly Salary: 7,126 ISK per hour
By working as Insurance Claims Service Consultant a person can save up to 5,906 USD per month or 70,870 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 Service Consultant

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.

Top 10 highest salaries in Iceland

Data as of 2025

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