Key Account Representative salary in Iceland

Average Yearly Salary of Key Account Representative in Iceland is approximately 10,454,360 ISK (73,395 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 Representative do?

A Key Account Representative is responsible for managing and maintaining relationships with key clients or accounts in order to maximize sales and profitability. They act as the main point of contact between the company and its key customers, ensuring customer satisfaction and addressing any issues or concerns that may arise. Key Account Representatives develop and execute strategic plans to grow existing accounts, identify new business opportunities, and negotiate contracts and pricing agreements. They collaborate with internal teams such as sales, marketing, and product development to ensure the needs of key accounts are met. This role requires strong communication and interpersonal skills, as well as excellent problem-solving and negotiation abilities.

Skills: Key Account Management, Customer Relationship Management, Sales, Business Development, Negotiation, Customer Service
Job industry: Sales

How much does Key Account Representative 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 Representative a well paid job?

Yes, our data show that Key Account Representative is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Key Account Representative?

High salary for Key Account Representative would be somewhere between 11,499,796 ISK and 15,158,822 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Key Account Representative 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: 10,454,360 ISK
Estimated Monthly Salary: 871,197 ISK
Estimated Weekly Salary: 201,045 ISK per week
Estimated Hourly Salary: 5,026 ISK per hour
By working as Key Account Representative a person can save up to 3,387 USD per month or 40,649 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 Representative

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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