Medical Affairs Manager salary in Iceland

Average Yearly Salary of Medical Affairs Manager in Iceland is approximately 23,090,194 ISK (161,034 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 Manager do?

A Medical Affairs Manager is responsible for overseeing the medical and scientific activities within a pharmaceutical or healthcare organization. They play a crucial role in bridging the gap between the medical and commercial aspects of the company. Their primary responsibilities include developing and implementing medical strategies, providing medical expertise to support product development and marketing, managing relationships with key opinion leaders and healthcare professionals, and ensuring compliance with regulatory guidelines. This role requires strong leadership and communication skills, as well as a deep understanding of medical and scientific concepts. Medical Affairs Managers must stay updated with the latest research and industry trends, and be able to effectively communicate complex medical information to both internal and external stakeholders. They work closely with cross-functional teams, including research and development, marketing, regulatory affairs, and sales teams.

Skills: Medical Affairs, Pharmaceutical, Healthcare, Medical Strategy, Key Opinion Leaders, Regulatory Compliance
Job industry: Pharmaceutical

How much does Medical Affairs 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 Medical Affairs Manager a well paid job?

Yes, our data show that Medical Affairs Manager 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 Manager?

High salary for Medical Affairs Manager would be somewhere between 25,399,213 ISK and 33,480,781 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Medical Affairs 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: 23,090,194 ISK
Estimated Monthly Salary: 1,924,183 ISK
Estimated Weekly Salary: 444,042 ISK per week
Estimated Hourly Salary: 11,101 ISK per hour
By working as Medical Affairs Manager a person can save up to 10,691 USD per month or 128,288 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 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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