Medical Auditor salary in Iceland

Average Yearly Salary of Medical Auditor in Iceland is approximately 9,249,710 ISK (64,863 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 Auditor do?

A medical auditor is responsible for reviewing medical records, claims, and billing documentation to ensure compliance with healthcare regulations and policies. They play a crucial role in identifying any errors or discrepancies in medical coding, documentation, and billing practices. Medical auditors analyze medical records to determine if the services provided were medically necessary and appropriately documented. They also verify that the services billed were accurately coded and billed according to the applicable guidelines. Key responsibilities of a medical auditor include conducting audits, analyzing data, preparing audit reports, providing feedback to healthcare providers, and assisting in the development of corrective action plans. They must possess strong analytical skills, attention to detail, and a comprehensive knowledge of medical coding and billing guidelines. Effective communication and interpersonal skills are also essential as they often collaborate with healthcare providers, coders, and billing staff.

Skills: Medical auditor, Healthcare compliance, Medical coding, Documentation review, Billing accuracy, Audit reporting.
Job industry: Healthcare

How much does Medical Auditor make?

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


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Salary comparison to National average

Is Medical Auditor a well paid job?

Yes, our data show that Medical Auditor 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 Medical Auditor?

High salary for Medical Auditor would be somewhere between 10,174,681 ISK and 13,412,080 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Medical Auditor 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: 9,249,710 ISK
Estimated Monthly Salary: 770,809 ISK
Estimated Weekly Salary: 177,879 ISK per week
Estimated Hourly Salary: 4,447 ISK per hour
By working as Medical Auditor a person can save up to 2,676 USD per month or 32,117 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 Auditor

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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