Licensing Coordinator Salary
Average Licensing Coordinators in the United States make around $41K annually. Career duration is the biggest factor affecting pay for this group, followed by geography. Medical benefits are awarded to most, and a strong majority earn dental coverage. Women account for the majority of Licensing Coordinators who took the survey — 83 percent to be exact. Most workers in this position report high levels of job satisfaction. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.
Job Description for Licensing Coordinator
A licensing coordinator is a person who works with a business firm and is responsible for monitoring and documenting various licenses and license renewals. This position is generally found within the insurance industry, though it can be found within a variety of other businesses for which licenses come into play.Read More...
This person will generally work within an office type of environment, and little or no travel is required. A person in this position will generally keep weekday, daytime hours. There isn't usually overtime, though it is not unheard of. A person in this position will generally require a high school diploma, and formal training in business practices are recommended. Certifications and training with various business license laws are also often required, though some firms may offer training on the job.
A licensing coordinator will have a variety of demands associated with their position, including monitoring and processing all licenses and license renewals, documenting all licenses and license renewals, completing various business license applications, researching operational licenses, assisting with the resolution of licensing issues as they arise, and maintaining current and proper knowledge of licensing practices. This position requires a person who is extremely analytical and is an expert at problem-solving. Expert organizational skills and a high attention to detail are also required. This person should also possess superb communication skills, as well as excellent computer skills, including a variety of relevant applications. A person in this position should expect to work independently with little supervision and should be able to work efficiently under high-stress conditions.
Licensing Coordinator Tasks
- Research and document required operational licenses for company.
- Assist in resolving licensing issues as needed.
- Monitor, process and document licenses and license renewals.
- Complete business license applications and gather required supporting documents and signatures.
Common Career Paths for Licensing Coordinator
Licensing Coordinators might see a strong upturn in salary after transitioning into upper-level roles such as Licensing Manager, a seemingly popular career choice. People currently working in the latter position report a noticeably higher median income of $59K per year.
Licensing Coordinator Job Listings
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Popular Skills for Licensing Coordinator
Survey results imply that Licensing Coordinators put a diverse skill set to use. Most notably, skills in Licensing, Microsoft Excel, Microsoft Office, and Microsoft Word are correlated to pay that is above average. Those listing Data Entry as a skill should be prepared for drastically lower pay. Oral / Verbal Communication and Microsoft Word also typically command lower compensation. For most people, competency in Microsoft Excel indicates knowledge of Microsoft Word.
Pay by Experience Level for Licensing Coordinator
Median of all compensation (including tips, bonus, and overtime) by years of experience.
For Licensing Coordinators, experience does not seem to be a major factor in determining pay. In this position, someone who has worked for fewer than five years can expect a median salary of $38K. The median for people with five to 10 years of experience is only a little bit higher at $42K. People with 10 to 20 years of experience make an average of about $46K in this role. Licensing Coordinators who have acquired more than two decades of experience generally do see greater compensation; their average income is approximately $55K.