Home > Salary > Iceland > Senior Medical Economics Analyst
A senior medical economics analyst is responsible for evaluating and analyzing healthcare data to support strategic decision-making within a healthcare organization. They collect, organize, and interpret complex data related to healthcare costs, utilization patterns, reimbursement rates, and market trends. They conduct financial analysis and forecasting to identify areas of improvement and cost-saving opportunities. Additionally, they collaborate with cross-functional teams to develop and implement strategies for managing healthcare costs and improving overall financial performance.
Estimated Yearly Salary: 16,375,283 ISK
Estimated Monthly Salary: 1,364,607 ISK
Estimated Weekly Salary: 314,909 ISK per week
Estimated Hourly Salary: 7,873 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,320,319 ISK
Estimated Weekly Salary: 304,689 ISK per week
Estimated Hourly Salary: 7,617 ISK per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 115,102 USD
Estimated Monthly Salary: 9,592 USD
Estimated Weekly Salary: 2,214 USD per week
Estimated Hourly Salary: 55 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
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.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 16,375,283 ISK
Estimated Monthly Salary: 1,364,607 ISK
Estimated Weekly Salary: 314,909 ISK per week
Estimated Hourly Salary: 7,873 ISK per hour
By working as Senior Medical Economics Analyst a person can save up to 6,863 USD per month or 82,356 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.
Estimated Yearly Salary for Senior Medical Economics Analyst
United Kingdom is 75,189 USD
35%
Details on Senior Medical Economics Analyst salary in United Kingdom Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Senior Medical Economics Analyst salary in Iceland
Average Yearly Salary of Senior Medical Economics Analyst in Iceland is approximately 16,375,283 ISK (115,102 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 Senior Medical Economics Analyst do?
A senior medical economics analyst is responsible for evaluating and analyzing healthcare data to support strategic decision-making within a healthcare organization. They collect, organize, and interpret complex data related to healthcare costs, utilization patterns, reimbursement rates, and market trends. They conduct financial analysis and forecasting to identify areas of improvement and cost-saving opportunities. Additionally, they collaborate with cross-functional teams to develop and implement strategies for managing healthcare costs and improving overall financial performance.
Skills: Senior Medical Economics Analyst, Healthcare Data Analysis, Financial Analysis, Cost Savings, Strategic Decision-Making, Market Trends
Job industry: Healthcare
Job industry: Healthcare
How much does Senior Medical Economics Analyst make?
Salary details
How much does Senior Medical Economics Analyst make?Estimated Yearly Salary: 16,375,283 ISK
Estimated Monthly Salary: 1,364,607 ISK
Estimated Weekly Salary: 314,909 ISK per week
Estimated Hourly Salary: 7,873 ISK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 15,843,828 ISKEstimated Monthly Salary: 1,320,319 ISK
Estimated Weekly Salary: 304,689 ISK per week
Estimated Hourly Salary: 7,617 ISK per hour
Last revision of data: 2024-01-06Senior Medical Economics Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 115,102 USD
Estimated Monthly Salary: 9,592 USD
Estimated Weekly Salary: 2,214 USD per week
Estimated Hourly Salary: 55 USD per hour
Difference in salary year over year or average salary increase is approximately
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.
Want to check how your salary compares? Submit your own salary here
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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 Senior Medical Economics Analyst job salary compared to average salary in Iceland.
Comparison shows that a person working as Senior Medical Economics Analyst in Iceland earns on average:
1.83 times the average salary (or 183% of average salary).
Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Senior Medical Economics Analyst job salary compared to average salary in Iceland.
Comparison shows that a person working as Senior Medical Economics Analyst in Iceland earns on average:
1.83 times the average salary (or 183% of average salary).
Is Senior Medical Economics Analyst a well paid job?
Yes, our data shows that Senior Medical Economics Analyst 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 Senior Medical Economics Analyst?
High salary for Senior Medical Economics Analyst would be somewhere between 18,012,811 ISK and 23,744,160 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Senior Medical Economics 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: 16,375,283 ISK
Estimated Monthly Salary: 1,364,607 ISK
Estimated Weekly Salary: 314,909 ISK per week
Estimated Hourly Salary: 7,873 ISK per hour
By working as Senior Medical Economics Analyst a person can save up to 6,863 USD per month or 82,356 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 Senior Medical Economics Analyst
Norway is 159,931 USDUnited Kingdom is 75,189 USD 35%Details on Senior Medical Economics Analyst salary in United Kingdom
Last revision of data: 2025-01-04Salary 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 increaseTop 10 highest salaries in Iceland
(101,519,791 ISK per year, pre-tax.)
2. Cardiologist
(84,892,494 ISK per year, pre-tax.)
(82,036,676 ISK per year, pre-tax.)
4. Neurosurgeon
(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.)
9. Oncologist
(77,260,671 ISK per year, pre-tax.)
(77,231,503 ISK per year, pre-tax.)
Data as of 2025Random salary:
Bioprocessing associate (8,860,310 ISK per year, pre-tax.)
Police fire or ambulance dispatcher (5,190,926 ISK per year, pre-tax.)
Cost estimator (10,952,513 ISK per year, pre-tax.)
Real estate development manager (commercial) (19,790,443 ISK per year, pre-tax.)
Maintenance gardener (5,848,414 ISK per year, pre-tax.)
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This website aggregates salary data for reference use only. While we strive to present correct estimates, we cannot warrant their full reliability. Users are highly encouraged to check with additional databases before making career-related plans. Salary figures fluctuate based on several factors, such as industry trends, negotiation power, and regional demand. We make no claims as to the correctness of the listed data. Your access of this site indicates agreement of this disclaimer.