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Product Manager Financial Services salary in Iceland

Average Yearly Salary of Product Manager Financial Services in Iceland is approximately 19,108,013 ISK (133,414 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 Product Manager Financial Services do?

occupation personasA Product Manager in the financial services industry is responsible for overseeing the development and management of financial products and services offered by a company. They work closely with cross-functional teams, including marketing, sales, and technology, to identify market needs, define product requirements, and create strategies to meet business objectives. The Product Manager ensures that the products align with regulatory requirements and industry standards while maximizing profitability and customer satisfaction.

Skills: Product Manager, Financial Services, Product Development, Market Analysis, Regulatory Compliance, Business Strategy
Job industry: Finance


How much does Product Manager Financial Services make?

Salary details
How much does Product Manager Financial Services make?
Estimated Yearly Salary: 19,108,013 ISK
Estimated Monthly Salary: 1,592,334 ISK
Estimated Weekly Salary: 367,462 ISK per week
Estimated Hourly Salary: 9,187 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 18,502,198 ISK
Estimated Monthly Salary: 1,541,850 ISK
Estimated Weekly Salary: 355,812 ISK per week
Estimated Hourly Salary: 8,895 ISK per hour
Last revision of data: 2024-01-08



Product Manager Financial Services estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 133,414 USD
Estimated Monthly Salary: 11,118 USD
Estimated Weekly Salary: 2,566 USD per week
Estimated Hourly Salary: 64 USD per hour


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

About these results Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.

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Salary comparison to National average

Iceland, a Nordic island country located in the North Atlantic Ocean, is known for its stunning natural landscapes and unique geological features. With a population of approximately 366,000 people, Iceland is one of the least densely populated countries in Europe. The country covers an area of about 103,000 square kilometers, making it the 18th largest island in the world.

Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Product Manager Financial Services job salary compared to average salary in Iceland.
Comparison shows that a person working as Product Manager Financial Services in Iceland earns on average:
2.14 times the average salary (or 214% of average salary).

Is Product Manager Financial Services a well paid job?

Yes, our data show that Product Manager Financial Services 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 Product Manager Financial Services?

High salary for Product Manager Financial Services would be somewhere between 21,018,814 ISK and 27,706,619 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Product Manager Financial Services 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: 19,108,013 ISK
Estimated Monthly Salary: 1,592,334 ISK
Estimated Weekly Salary: 367,462 ISK per week
Estimated Hourly Salary: 9,187 ISK per hour
By working as Product Manager Financial Services a person can save up to 8,389 USD per month or 100,668 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 Product Manager Financial Services

Norway is 187,468 USDup arrow 41%
Details on Product Manager Financial Services salary in Norway
United Kingdom is 88,004 USDdown arrow 34%
Details on Product Manager Financial Services salary in United Kingdom
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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+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

(101,519,791 ISK per year, pre-tax.)
(84,892,494 ISK per year, pre-tax.)
(82,036,676 ISK per year, pre-tax.)
(79,530,435 ISK per year, pre-tax.)
(79,217,486 ISK per year, pre-tax.)
(77,544,423 ISK per year, pre-tax.)
(77,443,218 ISK per year, pre-tax.)
(77,278,803 ISK per year, pre-tax.)
(77,260,671 ISK per year, pre-tax.)
(77,231,503 ISK per year, pre-tax.)

Data as of 2025

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Salary data displayed on this site is informational exclusively.
All salary figures on this website are for informational purposes exclusively. We compile data from various reliable sources, yet cannot ensure complete accuracy. Before making career choices, users should consult additional authoritative sources. Salaries fluctuate due to several influences, including economic conditions, job market trends, and geographic location. We disclaim any responsibility for misrepresentations in the salary information provided here. Your use with this website indicates agreement of this policy.
This website displays salary figures exclusively for informational use. While we endeavor for accuracy, we cannot guarantee the precision of all figures. Users must double-check salary details with reliable organizations before making career-related decisions. Salary amounts may vary based on multiple factors, such as geographic location, experience, and job role. We accept no liability for misinterpretations in the salary estimates provided. By accessing this website, you accept that salary data is not absolute.