Medical Affairs Director salary in Iceland

Average Yearly Salary of Medical Affairs Director in Iceland is approximately 34,119,650 ISK (238,415 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 Medical Affairs Director do?

The Medical Affairs Director is responsible for overseeing the medical affairs department within a healthcare organization. They play a crucial role in ensuring the organization's compliance with medical regulations, developing and implementing medical strategies, and providing medical expertise to support business objectives. The director collaborates with cross-functional teams to develop and execute medical affairs plans, including clinical trials, medical education programs, and scientific communications. They also engage with key opinion leaders, healthcare professionals, and regulatory authorities to provide accurate and timely medical information and support. Additionally, the Medical Affairs Director keeps abreast of the latest medical advancements, industry trends, and regulatory changes to inform decision-making and drive innovation in medical practices.

Skills: Medical Affairs, Healthcare, Regulatory Compliance, Strategy Development, Scientific Communications, Clinical Trials
Job industry: Pharmaceutical

How much does Medical Affairs Director make?

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


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

Salary comparison to National average

Is Medical Affairs Director a well paid job?

Yes, our data show that Medical Affairs Director is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Medical Affairs Director?

High salary for Medical Affairs Director would be somewhere between 37,531,615 ISK and 49,473,493 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Medical Affairs Director 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: 34,119,650 ISK
Estimated Monthly Salary: 2,843,304 ISK
Estimated Weekly Salary: 656,147 ISK per week
Estimated Hourly Salary: 16,404 ISK per hour
By working as Medical Affairs Director a person can save up to 17,139 USD per month or 205,669 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 Medical Affairs Director

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:
Dance coach (7,786,258 ISK per year, pre-tax.)
Toy designer (7,908,027 ISK per year, pre-tax.)
Maintenance carpenter (6,326,422 ISK per year, pre-tax.)
Quality assurance specialist ii (10,457,135 ISK per year, pre-tax.)
Utility worker mfd. bldgs. (4,586,702 ISK per year, pre-tax.)

Feedback about these results