Pursuing a profession in the field of Regulatory Affairs is a great fit for all of those looking for a challenging, fulfilling career in the healthcare field. Although it doesn’t involve direct patient care, it provides a chance to play an integral role in testing healthcare products, to ensure they meet government regulations. Working in Regulatory Affairs provides professional opportunities to influence world change.
Here are five great reasons to consider pursuing a career in regulatory affairs.
1. High Earning Tendency
The Regulatory Affairs Professional Society (RAPS) reports an increasing demand for trained specialists in regulatory affairs, at all levels and for multiple kinds of employers. Results from the 2014 Scope of Practice & Compensation survey showed that U.S. regulatory professionals earned an average base compensation of $126,163. Stating that “The regulatory profession continues to pay well, and salaries for regulatory professionals maintained a general upward trend.”
2. Extensive Career Alternatives
There are many available opportunities for regulatory affairs professional. You can find opportunities for employment at universities, medical research firms, government agencies, hospitals, and private medical organizations.
Jobs in Regulatory Affairs come in a very wide variety of flavors, anywhere from discovery and development to commercialization in various areas such as Medical Devices, Diagnostics, or Pharmaceuticals.
3. Opportunity to Make a Difference
Regulatory affairs professionals play an essential role to help promote the safety and effectiveness of drugs and devices that have the power to improve and save lives. Getting the chance to influence world change and promote opportunities to provide better healthcare to those in need is part of being a Regulatory Affairs Professional.
4. Challenging Growth Opportunities
A career in regulatory affairs implies much more than just memorizing regulations. Professionals in this field are expected to know the ins and outs of the medical marketplace, and understand how changing policies will influence their industry. They should also focus on developing skills like attention to detail, problem-solving, communications skills, and critical thinking.
There is an increasing need for confident, qualified professionals, who dare to challenge regulatory barriers. Helping to bring safer, affordable and efficient innovations to the industry.
5. Collaboration with Other Professionals in the Field
Regulatory affairs is a team-oriented profession. Regulatory Affairs professionals work with multi-disciplinary teams including Research and Development, Legal, Marketing, and Quality to name a few. Throughout this process, they work closely with doctors, clinicians, scientists, lab technicians and other specialists. So your area of expertise continues to expand as you grow in your career.
Source: The George Washington University
If you are pursuing a career in Regulatory Affairs, we can help you find the best opportunity for your career path.