How much does an IRA Specialist make in Minnesota? The average IRA Specialist salary in Minnesota is $55,726 as of February 26, 2024, but the range typically falls between $49,498 and $62,334. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

IRA Specialist Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile IRA Specialist Salary $43,827 MN February 26, 2024
25th Percentile IRA Specialist Salary $49,498 MN February 26, 2024
50th Percentile IRA Specialist Salary $55,726 MN February 26, 2024
75th Percentile IRA Specialist Salary $62,334 MN February 26, 2024
90th Percentile IRA Specialist Salary $68,350 MN February 26, 2024
25% $49,498 10% $43,827 90% $68,350 75% $62,334 $55,726 50%(Median) Didn’t find job title? Click
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What skills does an IRA Specialist need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Problem Solving: Analyzing and identifying the root cause of problems and applying critical thinking skills to solve problems.

2.

SQL: Structured Query Language) is a domain-specific language used in programming and designed for managing data held in a relational database management system (RDBMS), or for stream processing in a relational data stream management system (RDSMS).

3.

Data Analytics: Data analysis is a process of inspecting, cleansing, transforming, and modeling data with the goal of discovering useful information, informing conclusions, and supporting decision-making. Data analysis has multiple facets and approaches, encompassing diverse techniques under a variety of names, and is used in different business, science, and social science domains. In today's business world, data analysis plays a role in making decisions more scientific and helping businesses operate more effectively. Data mining is a particular data analysis technique that focuses on modeling and knowledge discovery for predictive rather than purely descriptive purposes, while business intelligence covers data analysis that relies heavily on aggregation, focusing mainly on business information. In statistical applications, data analysis can be divided into descriptive statistics, exploratory data analysis (EDA), and confirmatory data analysis (CDA). EDA focuses on discovering new features in the data while CDA focuses on confirming or falsifying existing hypotheses. Predictive analytics focuses on application of statistical models for predictive forecasting or classification, while text analytics applies statistical, linguistic, and structural techniques to extract and classify information from textual sources, a species of unstructured data. All of the above are varieties of data analysis.

Problem Solving 5.79%
SQL 1.33%
Data Analytics 0.79%
Others 92.09%

Job Description for IRA Specialist

IRA Specialist develops IRA rate sheets and prepares transfers, distributions, rollovers, conversions, death claims, and closures in accordance with government regulations and bank policies. Maintains retirement records and is responsible for current and proper financial statements and reports. Being an IRA Specialist utilizes database or system to process transactions and retrieve information. May require a bachelor's degree. Additionally, IRA Specialist typically reports to a supervisor or manager. The IRA Specialist works on projects/matters of limited complexity in a support role. Work is closely managed. To be an IRA Specialist typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for IRA Specialist in Minnesota

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Location Avg. Salary Date Updated
Location Lakeville, MN Avg. Salary $57,575 Date Updated February 26, 2024
Location Minnetonka, MN Avg. Salary $57,933 Date Updated February 26, 2024
Location Ada, MN Avg. Salary $50,201 Date Updated February 26, 2024
Location Adams, MN Avg. Salary $54,024 Date Updated February 26, 2024
Location Adolph, MN Avg. Salary $52,066 Date Updated February 26, 2024
Location Adrian, MN Avg. Salary $47,999 Date Updated February 26, 2024
Location Afton, MN Avg. Salary $57,509 Date Updated February 26, 2024
Location Ah Gwah Ching, MN Avg. Salary $51,147 Date Updated February 26, 2024
Location Aitkin, MN Avg. Salary $51,620 Date Updated February 26, 2024
Location Akeley, MN Avg. Salary $50,932 Date Updated February 26, 2024

Career Path for IRA Specialist

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For IRA Specialist, the first career path typically progresses to Check Collections Manager.

The second career path typically progresses to Bankcard Program Administrator.

The third career path typically progresses to Online Banking Manager.

Additionally, the fourth career path typically progresses to Float Manager.

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IRA Specialist Salary in Minnesota
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