Key Account Development Manager salary in Iceland

Average Yearly Salary of Key Account Development Manager in Iceland is approximately 14,885,125 ISK (103,929 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 Key Account Development Manager do?

A Key Account Development Manager is responsible for maintaining and expanding relationships with key clients. They act as the main point of contact, understanding their needs and ensuring customer satisfaction. This role involves developing strategic account plans, identifying growth opportunities, and collaborating with cross-functional teams to deliver solutions that meet clients' objectives. Key Account Development Managers also monitor market trends, competitor activities, and industry developments to stay ahead in the market. They are skilled in building strong relationships, negotiating contracts, and resolving any issues that may arise. Effective communication, problem-solving, and analytical skills are essential for this role.

Skills: Key Account Management, Customer Relationship Management, Business Development, Sales, Strategic Planning, Client Retention
Job industry: Sales

How much does Key Account Development Manager make?

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


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Salary comparison to National average

Is Key Account Development Manager a well paid job?

Yes, our data shows that Key Account Development Manager 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 Key Account Development Manager?

High salary for Key Account Development Manager would be somewhere between 16,373,638 ISK and 21,583,431 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Key Account Development 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: 14,885,125 ISK
Estimated Monthly Salary: 1,240,427 ISK
Estimated Weekly Salary: 286,252 ISK per week
Estimated Hourly Salary: 7,156 ISK per hour
By working as Key Account Development Manager a person can save up to 5,932 USD per month or 71,183 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 Key Account Development Manager

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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