A licensing coordinator is responsible for keeping track and renewing licenses for brands or intellectual properties, such as artworks or a product name. As a licensing coordinator, you'll be responsible for assessing licensing paperwork, communicating with consumers about new licenses and renewal processes, and drafting contracts on behalf of your client or firm.
You will monitor and approve all artwork, track and analyze all royalty reports quickly. Multitasking in a time-sensitive setting is common in this work. Therefore planning skills are incredibly useful and can help you excel in this position. Although many license coordinators work in the insurance sector, you can work in a variety of fields.
You must be detail-oriented and have excellent written and verbal communication skills to succeed as a licensing coordinator. You need to have a high school diploma and some experience working in an office environment, as these are the most important requirements for becoming a licensing coordinator. You can earn up to $42,465 per year.
There is more than meets the eye when it comes to being a Licensing Coordinator. For example, did you know that they make an average of $20.9 an hour? That's $43,479 a year!
Between 2018 and 2028, the career is expected to grow -7% and produce -276,700 job opportunities across the U.S.
There are certain skills that many Licensing Coordinators have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed Analytical skills, Creativity and Communication skills.
If you're interested in becoming a Licensing Coordinator, one of the first things to consider is how much education you need. We've determined that 65.0% of Licensing Coordinators have a bachelor's degree. In terms of higher education levels, we found that 7.8% of Licensing Coordinators have master's degrees. Even though most Licensing Coordinators have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a Licensing Coordinator. When we researched the most common majors for a Licensing Coordinator, we found that they most commonly earn Bachelor's Degree degrees or Associate Degree degrees. Other degrees that we often see on Licensing Coordinator resumes include Master's Degree degrees or High School Diploma degrees.
You may find that experience in other jobs will help you become a Licensing Coordinator. In fact, many Licensing Coordinator jobs require experience in a role such as Administrative Assistant. Meanwhile, many Licensing Coordinators also have previous career experience in roles such as Customer Service Representative or Internship.