Home > Salary > Iceland > Subrogation Specialist
A subrogation specialist is responsible for managing the process of subrogation claims within an insurance company or a legal firm. Their primary role involves investigating and determining liability for losses, recovering funds from third parties who are responsible for the damages, and negotiating settlements. They work closely with insurance adjusters, attorneys, and other professionals to gather evidence, review policies, and assess the validity of claims. The specialist also communicates with clients, policyholders, and other stakeholders to provide updates on the progress of subrogation cases.
Estimated Yearly Salary: 9,931,583 ISK
Estimated Monthly Salary: 827,632 ISK
Estimated Weekly Salary: 190,992 ISK per week
Estimated Hourly Salary: 4,775 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 797,511 ISK
Estimated Weekly Salary: 184,041 ISK per week
Estimated Hourly Salary: 4,601 ISK per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 69,200 USD
Estimated Monthly Salary: 5,767 USD
Estimated Weekly Salary: 1,331 USD per week
Estimated Hourly Salary: 33 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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: 9,931,583 ISK
Estimated Monthly Salary: 827,632 ISK
Estimated Weekly Salary: 190,992 ISK per week
Estimated Hourly Salary: 4,775 ISK per hour
By working as Subrogation Specialist a person can save up to 3,038 USD per month or 36,454 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 Subrogation Specialist
Last revision of data: 2025-01-04
Data as of 2025
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Subrogation Specialist salary in Iceland
Average Yearly Salary of Subrogation Specialist in Iceland is approximately 9,931,583 ISK (69,200 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 Subrogation Specialist do?
A subrogation specialist is responsible for managing the process of subrogation claims within an insurance company or a legal firm. Their primary role involves investigating and determining liability for losses, recovering funds from third parties who are responsible for the damages, and negotiating settlements. They work closely with insurance adjusters, attorneys, and other professionals to gather evidence, review policies, and assess the validity of claims. The specialist also communicates with clients, policyholders, and other stakeholders to provide updates on the progress of subrogation cases.
Skills: Subrogation specialist, Insurance claims, Claims management, Liability investigation, Settlement negotiation, Legal documentation.
Job industry: Insurance
Job industry: Insurance
How much does Subrogation Specialist make?
Salary details
How much does Subrogation Specialist make?Estimated Yearly Salary: 9,931,583 ISK
Estimated Monthly Salary: 827,632 ISK
Estimated Weekly Salary: 190,992 ISK per week
Estimated Hourly Salary: 4,775 ISK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 9,570,132 ISKEstimated Monthly Salary: 797,511 ISK
Estimated Weekly Salary: 184,041 ISK per week
Estimated Hourly Salary: 4,601 ISK per hour
Last revision of data: 2024-01-08Subrogation Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 69,200 USD
Estimated Monthly Salary: 5,767 USD
Estimated Weekly Salary: 1,331 USD per week
Estimated Hourly Salary: 33 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %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
Compare salary to other countries
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Country:
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 Subrogation Specialist job salary compared to average salary in Iceland.
Comparison shows that a person working as Subrogation Specialist in Iceland earns on average:
1.11 times the average salary (or 111% 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 Subrogation Specialist job salary compared to average salary in Iceland.
Comparison shows that a person working as Subrogation Specialist in Iceland earns on average:
1.11 times the average salary (or 111% of average salary).
Is Subrogation Specialist a well paid job?
Yes, our data show that Subrogation Specialist 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 Subrogation Specialist?
High salary for Subrogation Specialist would be somewhere between 10,924,741 ISK and 14,400,795 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Subrogation 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: 9,931,583 ISK
Estimated Monthly Salary: 827,632 ISK
Estimated Weekly Salary: 190,992 ISK per week
Estimated Hourly Salary: 4,775 ISK per hour
By working as Subrogation Specialist a person can save up to 3,038 USD per month or 36,454 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 Subrogation Specialist
Norway is 96,785 USD
United Kingdom is 45,421 USD
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:
Drilling engineer (17,397,660 ISK per year, pre-tax.)
Business analyst database (10,202,777 ISK per year, pre-tax.)
Central supply worker (5,848,414 ISK per year, pre-tax.)
Senior healthcare assistant (3,937,930 ISK per year, pre-tax.)
Account director advertising (19,112,820 ISK per year, pre-tax.)
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