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What is a registered account administrator and how to become one

Updated January 8, 2025
3 min read
There is more than meets the eye when it comes to being a registered account administrator. For example, did you know that they make an average of $24.68 an hour? That's $51,324 a year! Between 2018 and 2028, the career is expected to grow -3% and produce -38,500 job opportunities across the U.S.
ScoreRegistered Account AdministratorUS Average
Salary
4.0

Avg. Salary $51,324

Avg. Salary $59,228

Stability level
6.6

Growth rate -3%

Growth rate 0.3%

Diversity
9.3
Race

American Indian and Alaska Native 0.89%

Asian 5.95%

Black or African American 9.45%

Hispanic or Latino 15.55%

Unknown 4.28%

White 63.88%

Gender

female 56.14%

male 43.86%

Age - 44
Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 44
Stress level
6.6

Stress level is high

7.1 - high

Complexity level
8.2

Complexity level is challenging

7 - challenging

Work life balance
6.3

Work life balance is fair

6.4 - fair

Registered account administrator career paths

Key steps to become a registered account administrator

  1. Explore registered account administrator education requirements

    Most common registered account administrator degrees

    Bachelor's

    67.3 %

    Associate

    13.5 %

    Master's

    9.6 %
  2. Start to develop specific registered account administrator skills

    SkillsPercentages
    Client Accounts75.92%
    Client Portfolios24.08%
  3. Complete relevant registered account administrator training and internships

    Accountants spend an average of 6-12 months on post-employment, on-the-job training. New registered account administrators learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a registered account administrator based on U.S. Bureau of Labor Statistics data and data from real registered account administrator resumes.
  4. Research registered account administrator duties and responsibilities

    • Manage all post-award management activities such as award processing, fund monitoring financial reporting and payroll reconciliation.
    • Utilize computer software including QuickBooks to maintain account activity and ensure accuracy; reconcile inaccuracies between invoices and accounts receivable payments.
    • Learned health insurance policies and procedures for different companies including Medicaid and Medicare.
    • Maintain current knowledge of client portfolio and stock market analysis, insurance, annuities, and benefits.
  5. Apply for registered account administrator jobs

    Now it's time to start searching for a registered account administrator job. Consider the tips below for a successful job search:

    1. Browse job boards for relevant postings
    2. Consult your professional network
    3. Reach out to companies you're interested in working for directly
    4. Watch out for job scams

How did you land your first registered account administrator job

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Average registered account administrator salary

The average registered account administrator salary in the United States is $51,324 per year or $25 per hour. Registered account administrator salaries range between $38,000 and $68,000 per year.

Average registered account administrator salary
$51,324 Yearly
$24.68 hourly

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Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

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