Key Account Manager salary in Iceland

Average Yearly Salary of Key Account Manager in Iceland is approximately 14,493,028 ISK (101,837 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 Manager do?

A Key Account Manager is responsible for building and maintaining strong relationships with key clients. They serve as the main point of contact for these clients, addressing their needs and ensuring their satisfaction with the company's products or services. Key Account Managers develop strategic plans to maximize sales opportunities, identify new business opportunities within existing accounts, and negotiate contracts and pricing agreements. They collaborate with internal teams to ensure smooth delivery of products or services, resolve any issues that may arise, and provide exceptional customer service. Key Account Managers also analyze market trends, competitor activities, and client feedback to identify areas for improvement and drive business growth.

Skills: Key Account Management, Relationship Building, Customer Satisfaction, Sales Strategy, Business Development, Contract Negotiation
Job industry: Sales

How much does Key Account Manager make?

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


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Salary comparison to National average

Is Key Account Manager a well paid job?

Yes, our data shows that Key Account 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 Manager?

High salary for Key Account Manager would be somewhere between 15,942,331 ISK and 21,014,891 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Key Account 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: 14,493,028 ISK
Estimated Monthly Salary: 1,207,752 ISK
Estimated Weekly Salary: 278,712 ISK per week
Estimated Hourly Salary: 6,968 ISK per hour
By working as Key Account Manager a person can save up to 5,758 USD per month or 69,091 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 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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