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Stefán Skúlason has a diverse work experience spanning several roles and companies. Stefán is currently employed at Arion banki as a Compliance Specialist since December 2019. Previously, they worked at Arion banki in various positions, including Tech Lead from August 2017 to September 2019, Product Owner from August 2015 to September 2017, Business Analyst from May 2014 to August 2015, and Product Owner from May 2012 to May 2014. Prior to their time at Arion banki, Stefán worked at Snertill as a Technical Sales from January 2008 to April 2012 and as an IT Manager/programmer from January 2006 to January 2008.

Stefán Skúlason completed their Bachelor's degree in IT Engineering from Reykjavik University, where they studied from 2002 to 2006. Additionally, they attended Menntaskólinn við Sund, although details regarding the degree obtained and field of study are unavailable.