Trust Administrative Assistant salary in Iceland

Average Yearly Salary of Trust Administrative Assistant in Iceland is approximately 7,602,412 ISK (53,218 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 Trust Administrative Assistant do?

A trust administrative assistant is responsible for providing administrative support to a trust department or team within a financial institution or legal firm. They play a crucial role in ensuring the smooth operation of trust accounts and managing various administrative tasks related to trusts and estates. Their responsibilities typically include maintaining and organizing trust documents, assisting with account openings and closings, processing transactions, preparing reports, managing calendars, coordinating meetings, and communicating with clients or beneficiaries. This occupation requires strong organizational skills, attention to detail, and the ability to handle confidential information with discretion. Trust administrative assistants should have a good understanding of trust and estate administration processes, as well as knowledge of relevant laws and regulations. Proficiency in office software and excellent communication skills are also important in this role.

Skills: Trust administration, Administrative support, Financial institutions, Legal firms, Estate administration, Confidentiality.
Job industry: Finance

How much does Trust Administrative Assistant make?

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


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Salary comparison to National average

Is Trust Administrative Assistant a well paid job?

Yes, our data show that Trust Administrative Assistant 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 Trust Administrative Assistant?

High salary for Trust Administrative Assistant would be somewhere between 8,362,653 ISK and 11,023,497 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Trust Administrative Assistant 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: 7,602,412 ISK
Estimated Monthly Salary: 633,534 ISK
Estimated Weekly Salary: 146,200 ISK per week
Estimated Hourly Salary: 3,655 ISK per hour
By working as Trust Administrative Assistant a person can save up to 1,706 USD per month or 20,472 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 Trust Administrative Assistant

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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