Licensing Specialist salary in Iceland

Average Yearly Salary of Licensing Specialist in Iceland is approximately 9,570,818 ISK (66,820 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 Licensing Specialist do?

A licensing specialist is responsible for managing and overseeing the process of obtaining licenses and permits required for various activities, such as business operations, construction projects, or professional practice. They ensure compliance with local, state, and federal regulations, researching and interpreting laws related to licensing requirements. Licensing specialists work closely with government agencies, clients, and other stakeholders to gather necessary documentation, complete applications, and submit them for approval. They also maintain records of licenses and permits, track renewal deadlines, and address any issues or discrepancies that may arise. Additionally, licensing specialists may provide guidance and support to individuals or businesses seeking licensure, answering questions and assisting with the application process.

Skills: licensing specialist, regulatory compliance, permits and licenses, legal requirements, government regulations, application process.
Job industry: Legal

How much does Licensing Specialist make?

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


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Salary comparison to National average

Is Licensing Specialist a well paid job?

Yes, our data show that Licensing Specialist 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 Licensing Specialist?

High salary for Licensing Specialist would be somewhere between 10,527,900 ISK and 13,877,686 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Licensing Specialist 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: 9,570,818 ISK
Estimated Monthly Salary: 797,568 ISK
Estimated Weekly Salary: 184,054 ISK per week
Estimated Hourly Salary: 4,601 ISK per hour
By working as Licensing Specialist a person can save up to 2,840 USD per month or 34,074 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 Licensing Specialist

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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