Verification Specialist salary in Iceland

Average Yearly Salary of Verification Specialist in Iceland is approximately 6,406,686 ISK (44,567 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 Verification Specialist do?

A verification specialist is responsible for ensuring the accuracy and validity of information provided by individuals or organizations. They review documents, records, and data to verify authenticity, completeness, and compliance with regulations or standards. This occupation requires strong attention to detail and excellent analytical skills to identify inconsistencies or discrepancies. Verification specialists may work in various industries, such as finance, insurance, healthcare, or legal services, where they play a crucial role in minimizing risks and preventing fraud. They often collaborate with other departments or external parties to gather necessary information and resolve any issues that arise during the verification process. Some common tasks include conducting background checks, verifying employment or education history, confirming identities, and validating financial transactions.

Skills: verification specialist, data integrity, risk management, fraud prevention, compliance, document review
Job industry: Administration

How much does Verification Specialist make?

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


Want to check how your salary compares? Submit your own salary here

Salary comparison to National average

Is Verification Specialist a well paid job?

No, our data shows that Verification Specialist is typically not a well-paid job. The salary varies based on experience. Meaning that even though Verification Specialist might be a low paying job, with experience the salary might increase to satisfactory levels.

What is considered a high salary for Verification Specialist?

High salary for Verification Specialist would be somewhere between 7,047,355 ISK and 9,289,695 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Verification 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: 6,406,686 ISK
Estimated Monthly Salary: 533,891 ISK
Estimated Weekly Salary: 123,206 ISK per week
Estimated Hourly Salary: 3,080 ISK per hour
By working as Verification Specialist a person can save up to 985 USD per month or 11,821 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 Verification 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

Random salary:
Dental laboratory technician (7,271,472 ISK per year, pre-tax.)
Orthodontic technician (7,261,636 ISK per year, pre-tax.)
House sitter (3,479,555 ISK per year, pre-tax.)
Bus person (3,509,077 ISK per year, pre-tax.)
Accounting specialist (5,456,562 ISK per year, pre-tax.)

Feedback about these results