Regulatory Specialist Salary
Regulatory Specialists in the United States can expect wages of $55K per year on average. Location and career length each impact pay for this group, with the former having the largest influence. A large number report receiving medical coverage from their employers and a fair number collect dental insurance. More than half of Regulatory Specialists (68 percent) survey participants are women. Most Regulatory Specialists like their work and job satisfaction is high.
Job Description for Regulatory Specialist
Regulatory specialists work with regulatory procedures and bodies, with day-to-day functions including writing and auditing reports and applications, as well as verifying and recording the company's progress. In addition to producing reports, the regulatory specialist must contribute to analyzing company policies and protocols, which requires regular communication with management and other departments. Tools for the job are mostly limited to standard computer software such as the Microsoft Office suite, but may also include project management and document organization tools.Read More...
Regulatory specialist positions are typically full time and they are common in a wide variety of industries. These professionals usually work during typical business hours in an indoor office setting with minimal physical requirements. Depending on company's size, individuals in this position may report directly to an executive such as a vice president of regulatory affairs or the upper management team as a whole.
Educational requirements usually include a bachelor's degree in a related field, but exceptions may be made for candidates with sufficient experience. Work experience requirements depend on the size and needs of the company, but at least two years of regulatory experience are usually necessary. This position requires excellent editing and research skills, as well as the ability to quickly learn and identify relevant regulations from various governing bodies.
Regulatory Specialist Tasks
- Ensure company compliance with all regulations and laws pertaining to company business.
- Compile and maintain appropriate technical documents for regulatory submissions.
- Conduct research to support regulatory submissions.
- Prepare and submit documentation to regulatory agencies.
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Popular Skills for Regulatory Specialist
Survey takers who work as Regulatory Specialists typically report just a few professional skills. Most notably, skills in Regulatory Compliance, Clinical Research, Environmental Compliance, and Safety Compliance are correlated to pay that is above average. Skills that are correlated to lower pay, on the other hand, include Safety Compliance, Environmental Compliance, and Clinical Research. Most people experienced in Regulatory Compliance also know Environmental Compliance.
Pay by Experience Level for Regulatory Specialist
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Relatively untried employees who have fewer than five years of experience earn around $50K on average. People who have worked for five to 10 years can expect a higher median salary of $57K. Regulatory Specialists bring in $66K after working for 10 to 20 years. Survey participants with more than twenty years of experience only make around $59K on average, though; this group reports a lower median than the one claimed by mid-career individuals.
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