Senior Premium Auditor salary in Iceland

Average Yearly Salary of Senior Premium Auditor in Iceland is approximately 14,021,076 ISK (98,066 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 Premium Auditor do?

A senior premium auditor is responsible for conducting detailed audits of insurance policies and financial records to ensure accurate premium calculations. They review policy applications, endorsements, and related documents to determine the appropriate classification and premium rates. Senior premium auditors analyze payroll records, sales figures, and other financial data to verify the accuracy of reported information. They may also visit client locations to conduct on-site inspections and interviews to gather necessary information. This occupation requires strong analytical skills, attention to detail, and knowledge of insurance policies and regulations. Senior premium auditors must possess excellent communication and negotiation skills to interact with clients and resolve any discrepancies or disputes. They should be proficient in using auditing software and tools to perform data analysis and generate reports.

Skills: senior premium auditor, insurance audit, financial analysis, policy classification, premium calculation, data analysis
Job industry: Insurance

How much does Senior Premium 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 Senior Premium Auditor a well paid job?

Yes, our data shows that Senior Premium Auditor 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 Premium Auditor?

High salary for Senior Premium Auditor would be somewhere between 15,423,184 ISK and 20,330,560 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Senior Premium 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: 14,021,076 ISK
Estimated Monthly Salary: 1,168,423 ISK
Estimated Weekly Salary: 269,636 ISK per week
Estimated Hourly Salary: 6,741 ISK per hour
By working as Senior Premium Auditor a person can save up to 5,443 USD per month or 65,320 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 Premium 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.

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Data as of 2025

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