Regulatory Affairs Specialist salary in Iceland

Average Yearly Salary of Regulatory Affairs Specialist in Iceland is approximately 13,692,000 ISK (95,129 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 Regulatory Affairs Specialist do?

A regulatory affairs specialist is responsible for ensuring that a company's products comply with all applicable regulations and standards. They work closely with cross-functional teams to develop and implement strategies for obtaining and maintaining regulatory approvals for products, such as pharmaceuticals, medical devices, cosmetics, and food supplements. Their primary role involves researching and interpreting regulatory requirements, preparing and submitting regulatory submissions, coordinating with regulatory agencies, and keeping abreast of changes in regulations and guidelines.

Skills: Regulatory Affairs, Compliance, Regulatory Submissions, Regulatory Compliance, Product Approval, Regulatory Guidelines
Job industry: Pharmaceuticals

How much does Regulatory Affairs Specialist make?

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


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Salary comparison to National average

Is Regulatory Affairs Specialist a well paid job?

Yes, our data shows that Regulatory Affairs Specialist is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Regulatory Affairs Specialist?

High salary for Regulatory Affairs Specialist would be somewhere between 15,061,200 ISK and 19,853,400 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Regulatory Affairs Specialist 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: 13,692,000 ISK
Estimated Monthly Salary: 1,141,000 ISK
Estimated Weekly Salary: 263,308 ISK per week
Estimated Hourly Salary: 6,583 ISK per hour
By working as Regulatory Affairs Specialist a person can save up to 5,199 USD per month or 62,383 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 Regulatory Affairs Specialist

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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