Key Relationship Manager salary in Iceland

Average Yearly Salary of Key Relationship Manager in Iceland is approximately 13,077,594 ISK (91,708 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 Relationship Manager do?

A key relationship manager is responsible for building and maintaining strong relationships with key clients or customers of a company. They act as the primary point of contact, ensuring that client needs are met and their expectations are exceeded. Key relationship managers work closely with clients to understand their goals, provide personalized solutions, and address any concerns or issues that may arise. They also collaborate with internal teams to coordinate and deliver products or services to clients in a timely manner. This role requires excellent communication and interpersonal skills, as well as the ability to negotiate and influence stakeholders. Key relationship managers must possess a deep understanding of the industry and market trends, as well as the ability to identify opportunities for upselling or cross-selling. They are also responsible for monitoring client satisfaction and driving customer retention.

Skills: Relationship management, Client relations, Customer service, Sales, Account management, Communication skills
Job industry: Banking

How much does Key Relationship Manager make?

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


Want to check how your salary compares? Submit your own salary here

Salary comparison to National average

Is Key Relationship Manager a well paid job?

Yes, our data shows that Key Relationship 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 Relationship Manager?

High salary for Key Relationship Manager would be somewhere between 14,385,353 ISK and 18,962,511 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Key Relationship 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: 13,077,594 ISK
Estimated Monthly Salary: 1,089,800 ISK
Estimated Weekly Salary: 251,492 ISK per week
Estimated Hourly Salary: 6,287 ISK per hour
By working as Key Relationship Manager a person can save up to 4,914 USD per month or 58,962 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 Relationship 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

Random salary:
Geotechnical engineer (9,489,633 ISK per year, pre-tax.)
Car stereo installer (6,054,781 ISK per year, pre-tax.)
Data security analyst (13,823,524 ISK per year, pre-tax.)
Water quality analyst (8,224,371 ISK per year, pre-tax.)
Motor vehicle supervisor (7,843,396 ISK per year, pre-tax.)

Feedback about these results