Medical Utilization Review Analyst salary in Iceland

Average Yearly Salary of Medical Utilization Review Analyst in Iceland is approximately 8,713,534 ISK (60,819 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 Utilization Review Analyst do?

A Medical Utilization Review Analyst is responsible for evaluating and assessing medical records to determine the appropriateness and necessity of healthcare services provided to patients. They review medical documentation, including diagnoses, treatments, procedures, and medications, to ensure compliance with medical guidelines, policies, and regulations. The analyst collaborates with healthcare providers, insurance companies, and other stakeholders to gather additional information or clarify discrepancies in medical records. They analyze data and make recommendations regarding the approval or denial of healthcare services based on medical necessity, cost-effectiveness, and quality of care. Additionally, they may assist in developing and implementing utilization management programs and provide education and training to healthcare professionals. This role requires strong analytical skills, attention to detail, knowledge of medical terminology and coding, and an understanding of healthcare regulations and guidelines.

Skills: Medical Utilization Review, Healthcare Compliance, Medical Records Analysis, Insurance Claims, Utilization Management, Healthcare Regulations
Job industry: Healthcare

How much does Medical Utilization Review Analyst 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 Utilization Review Analyst a well paid job?

Yes, our data show that Medical Utilization Review Analyst 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 Utilization Review Analyst?

High salary for Medical Utilization Review Analyst would be somewhere between 9,584,887 ISK and 12,634,624 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Medical Utilization Review Analyst 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: 8,713,534 ISK
Estimated Monthly Salary: 726,128 ISK
Estimated Weekly Salary: 167,568 ISK per week
Estimated Hourly Salary: 4,189 ISK per hour
By working as Medical Utilization Review Analyst a person can save up to 2,339 USD per month or 28,073 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 Utilization Review Analyst

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.

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Data as of 2025

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