Financial Services Administrator Salary at Skandia BETA

How much does a Skandia Financial Services Administrator make?

As of April 2025, the average annual salary for a Financial Services Administrator at Skandia is $64,237, which translates to approximately $31 per hour. Salaries for Financial Services Administrator at Skandia typically range from $56,857 to $74,681, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Website:
skandiatruss.com
Size:
<25 Employees
Revenue:
$5M - $10M
Industry:
MFG Durable

Skandia Truss was established in 1996 by Gary and Sirkku Liisa Niemela. Gary has a Bachelor of Science Degree in Building Construction from Michigan State University and has been exclusively employed in this field since his graduation in 1975. Since that time, Gary and Liisa have constructed numerous wood frame projects ranging from residential to large commercial buildings. A U.P. native with many years of building experience, Gary is familiar with how buildings react to local weather conditions. Reputation has always been quality oriented. Very solid credentials and company history. Our family holds 4 current Michigan builders licenses with technical & practical knowledge to support the building products we sell. Philosophy Skandia Truss manufactures high quality trusses with strong emphasis on practical snow load design to suit local conditions. Duration of loading, drift loading, rain on snow, lake effect snow and typical sheltered U.P. terrain, which all tend to expose roof structure to heavy snow loading, must be considered for a complete and thorough snow load analysis. A snow load analysis can be confusing if not difficult to comprehend. Enforcement and interpretaion of minimum truss requirments vary. Note that 1 cu. ft. of roof snow in a 70# Ground Snow area is estimated to weigh 23.1#. Using the ASCE7-02 snow density equation y=0.13 pg + 14, 3 of roof snow may weigh 69.3# per sq. ft. of roof area. It is not uncommon to have 3 of roof snow for a "duration of loading" of two months or more. It is not always practical to shovel roof snow, so it is wise to design and build roof structure which can withstand local elements and conditions. Two of the most costly building problems in the Upper Peninsula building industry are #1 ice and water problems due to inadequately insulated and ventilated roof systems and #2 roof failure. Both of these extremely costly problems can be easily and affordably prevented. Use 18 energy heels which allow 16 of insulation or R-49 plus leave room for 2 of air flow over the ...

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What Skills Does a person Need at Skandia?

At Skandia, specify the abilities and skills that a person needs in order to carry out the specified job duties. 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. Underwriting: Underwriting services are provided by some large financial institutions, such as banks, or insurance or investment houses, whereby they guarantee payment in case of damage or financial loss and accept the financial risk for liability arising from such guarantee. An underwriting arrangement may be created in a number of situations including insurance, issue of securities in a public offering, and bank lending, among others. The person or institution that agrees to sell a minimum number of securities of the company for commission is called the underwriter. The name derives from the Lloyd's of London insurance market. Financial bankers, who would accept some of the risk on a given venture (historically a sea voyage with associated risks of shipwreck) in exchange for a premium, would literally write their names under the risk information that was written on a Lloyd's slip created for this purpose.
  2. Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
  3. Contract management: Managing agreements, from their creation to execution by the chosen party and the eventual termination of the contract.
  4. Pricing: Pricing is a process of fixing the value that a manufacturer will receive in the exchange of services and goods.
  5. Written Communication: Communicating information through written media to educate, inform and influence the target audience.

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Check more jobs information at Skandia

Job Title Average Skandia Salary Hourly Rate
2 Customer Service Advisor $29,599 $14
3 Director General $147,416 $71
4 Finance Officer $101,902 $49
5 Investigator $59,743 $29
6 Manager, Content $92,270 $44
7 Project Manager $89,074 $43
8 Truss Designer $48,495 $23
9 Business Intelligence Analyst $83,657 $40
10 Business Specialist $53,812 $26
11 Data Engineer $99,310 $48
12 Data Warehouse Developer $93,068 $45
13 Developer $86,623 $42

Hourly Pay at Skandia

The average hourly pay at Skandia for a Financial Services Administrator is $31 per hour. The location, department, and job description all have an impact on the typical compensation for Skandia positions. The pay range and total remuneration for the job title are shown in the table below. Skandia may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $64,237 look to you?

FAQ about Salary and Jobs at Skandia

1. How much does Skandia pay per hour?
The average hourly pay is $31. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Skandia?
According to the data, the highest approximate salary is about $74,681 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Skandia?
According to the data, the lowest estimated salary is about $56,857 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.