Insurance

Insurance administrator

Gross salary in Iceland is

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80% of people earn:

351K - 351K ISK

10% earn less lthan 351K ISK

10% earns more than 351K ISK

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What does the data in the graph mean?

Salaries in the survey are expressed in gross.

Based on the Paylab.com salary survey, 80% of people on the Insurance administrator position in the Iceland earn between 351,000 ISK and 351,000 ISK monthly gross.

10% of employees earn less than 351,000 ISK and 10% of people earn more than 351,000 ISK.

The survey is based on data from employees, cleaned of extreme and duplicate values.

Description of job position

Checking the accuracy and completeness of contracts and their amendments, their processing in the information system and intervening in incorrect contracts.
Processing the technical and nontechnical changes in contracts.
Supplementing insurance premiums, and entering premium accountings into the information system.
Identifying and pairing the received payments with the premium regulations.
Sending reminders and calls regarding the monthly accounting and outstanding premium payments to clients.
Processing unused insurance premium and premium overpayments (calculation and payment to clients).
Cancelling, terminating and extending insurance contracts.
Preparing documents for bookkeeping.
Keeping a register of contracts in accordance with the applicable registration regulations of the company.
Communicating with clients and distribution networks regarding the management of insurance policies.

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The most common career path of an employee

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Position Insurance administrator - Insurance in the labour market

In the salary ranking,
the job position takes

530. place

Women representation in position

n/a

Average age of respondent by position

n/a

813. place

Retail Store Manager

Tourism, Gastronomy, Hotel Business

351,000 - 351,000 ISK

531. place

Technician (Media Production)

Journalism, Printing Arts & Media

351,000 - 351,000 ISK

530. place

Insurance administrator

Insurance

351,000 - 351,000 ISK

529. place

Producer

Journalism, Printing Arts & Media

351,000 - 351,000 ISK

1. place

Design associate

Journalism, Printing Arts & Media

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The salary report contains:

Salary for the position by region, education, experience, company size, age
Distribution of respondents into wage bands
Salary range from 1st to 9th decile
A breakdown of all monitored non-financial benefits
Analysis of financial benefits

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