Regulatory Specialist Salary
Average Regulatory Specialists in the United States make around $54K per year. Location and career length each impact pay for this group, with the former having the largest influence. Medical benefits are awarded to a large number, and a fair number earn dental coverage. The majority of Regulatory Specialists claim high levels of job satisfaction. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.
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
Regulatory Specialists report using a pretty varied skill set on the job. Most notably, facility with Environmental Consulting, Project Management, and Environmental Compliance are correlated to pay that is significantly above average, leading to increases of 43 percent, 32 percent, and 21 percent, respectively. Skills that seem to negatively impact pay include Safety Compliance and Clinical Research. It is often found that people who know Regulatory Compliance are also skilled in 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 less than five years' experience make $49K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $58K. For Regulatory Specialists, 10 to 20 years of experience on the job amounts to an average salary of $64K. Survey participants with more than twenty years of experience only make around $58K on average, though; this group reports a lower median than the one claimed by mid-career individuals.
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