Analysts are employees or individual contributors with a vast experience in a particular field that help the organization address challenges. They help the organization improve processes, policies, and other operations protocol by studying the current processes in place and determining the effectiveness of those processes. They also research industry trends and data to make sound inferences and recommendations on what the company should do to improve their numbers. Analysts recommend business solutions and often help the organization roll out these solutions. They ensure that the proposed action plans are effective and produce the desired results.

Analyst Responsibilities

Here are examples of responsibilities from real analyst resumes representing typical tasks they are likely to perform in their roles.

  • Manage the RFI and RFP process for new business managers.
  • Manage support incidents and mitigate customer issues meeting or exceeding establish SLA's.
  • Provide hands-on technical support and managing custom software, windows base systems, networking solutions, and database systems.
  • Manage pilot program for distributor email campaign, and successfully launch full roll out to improve sales and customer service.
  • Help develop and handle both on and offsite SEO solutions as well as managing local campaigns and international SEO efforts.
  • Participate in utilizing a customer service logging systems to manage and categorize the high volume of business issues receive via email.
  • Create and implement special projects using PowerPoint.
  • Conduct investigative research on the Internet and monitoring the media for relative information on suspicious activity of businesses and individuals.
  • Complete daily tally, communication logs, benefit updates, medical policy reviews and review policies and procedures using SharePoint applications.
  • Train the PMO and partners remotely.
Analyst Traits
Time-management skills is the efficient manner one is able to put their time to good use.
Interpersonal skills involves being able to communicate efficiently with multiple people regarding your thoughts, ideas and feedback.
Problem-solving skills is the way that one is able to effectively solve a problem in a timely manner.

Analyst Job Description

Between the years 2018 and 2028, analyst jobs are expected to undergo a growth rate described as "much faster than average" at 14%, according to the Bureau of Labor Statistics. So if the thought "should I become an analyst?" Has crossed your mind, maybe you should take the growth rate into account. In addition, the number of analyst opportunities that are projected to become available by 2028 is 118,300.

On average, the analyst annual salary is $70,668 per year, which translates to $33.98 an hour. Generally speaking, analysts earn anywhere from $54,000 to $91,000 a year, which means that the top-earning analysts make $37,000 more than the ones at the lower end of the spectrum.

It's hard work to become an analyst, but even the most dedicated employees consider switching careers from time to time. Whether you're interested in a more challenging position or just looking for a fresh start, we've compiled extensive information on becoming a business development analyst, program management analyst, corporate finance analyst, and business process analyst.

Analyst Jobs You Might Like

Analyst Resume Examples

Analyst Skills and Personality Traits

We calculated that 19% of Analysts are proficient in Procedures, Customer Service, and Troubleshoot. They’re also known for soft skills such as Time-management skills, Interpersonal skills, and Problem-solving skills.

We break down the percentage of Analysts that have these skills listed on their resume here:

  • Procedures, 19%

    Created and implemented fixed asset reporting procedures to ensure accurate reconciliation of capital expenditures and depreciation schedules for IT hardware.

  • Customer Service, 11%

    Collaborated with Vendor Center Managers to create strategic plans to enhance Customer satisfaction in two national Customer Service programs.

  • Troubleshoot, 5%

    Interacted with various levels of associates to troubleshoot provided tools to ensure accurate information.

  • Data Analysis, 5%

    Create and implement data analysis and reporting for management that is used for maintaining controls, creating objectives and enhancing productivity.

  • Financial Statements, 5%

    Reviewed, investigated and supervised different and potential investments, implementation of projection models and calculation of the different financial ratios.

  • Management System, 4%

    Key project implementation team member assisting in system the testing and development of defined benefit pension calculation and administration management system.

Some of the skills we found on analyst resumes included "procedures," "customer service," and "troubleshoot." We have detailed the most important analyst responsibilities below.

  • The most important skills for an analyst to have in this position are time-management skills. In this excerpt that we gathered from a analyst resume, you'll understand why: "management analysts often work under tight deadlines and must use their time efficiently to complete projects on time." According to resumes we found, time-management skills can be used by a analyst in order to "assisted the payment processing with data entry during month end to achieve deadline. "
  • Another commonly found skill for being able to perform analyst duties is the following: interpersonal skills. According to a analyst resume, "management analysts must work with managers and other employees of the organizations where they provide consulting services." Check out this example of how analysts use interpersonal skills: "deliver customer service with conflict resolution techniques and strong interpersonal skills. "
  • Another skill that is quite popular among analysts is problem-solving skills. This skill is very critical to fulfilling every day responsibilities as is shown in this example from a analyst resume: "management analysts must be able to think creatively to solve clients’ problems" This example from a resume shows how this skill is used: "prepare charts and visio diagrams in order to assist in problem analysis of interfaces and to submit recommendations for solution. "
  • An analyst responsibilities sometimes require "analytical skills." The responsibilities that rely on this skills are shown by this resume excerpt: "management analysts must be able to interpret a wide range of information and use their findings to make proposals." This resume example shows how this skill is used by analysts: "designed the data flow diagrams using visio. "
  • Yet another important skill that an analyst must demonstrate is "communication skills." Management analysts must be able to communicate clearly and precisely in both writing and speaking This is clearly demonstrated in this example from an analyst who stated: "maintain detailed documentation on each case file including all communications between business units and/or customers and documentary support of findings. "
  • See the full list of analyst skills.

    Before becoming an analyst, 67.3% earned their bachelor's degree. When it comes down to graduating with a master's degree, 12.6% analysts went for the extra education. If you're wanting to pursue this career, it may be possible to be successful with a high school degree. In fact, most analysts have a college degree. But about one out of every eight analysts didn't attend college at all.

    The analysts who went onto college to earn a more in-depth education generally studied business and finance, while a small population of analysts studied accounting and economics.

    When you're ready to become an analyst, you might wonder which companies hire analysts. According to our research through analyst resumes, analysts are mostly hired by Anthem, General Dynamics, and Accenture. Now is a good time to apply as Anthem has 274 analysts job openings, and there are 204 at General Dynamics and 199 at Accenture.

    If you're interested in companies where analysts make the most money, you'll want to apply for positions at Phillips 66, Chevron, and Dell. We found that at Phillips 66, the average analyst salary is $122,882. Whereas at Chevron, analysts earn roughly $121,589. And at Dell, they make an average salary of $121,504.

    View more details on analyst salaries across the United States.

    In general, analysts fulfill roles in the finance and technology industries. While employment numbers are high in those industries, the analyst annual salary is the highest in the health care industry with $73,205 as the average salary. Meanwhile, the technology and finance industries pay $72,971 and $70,006 respectively. This means that analysts who are employed in the health care industry make 26.6% more than analysts who work in the government Industry.

    The three companies that hire the most prestigious analysts are:

      What Business Development Analysts Do

      A business development analyst's role is to perform research and analysis on the different operations and procedures in a company to ensure efficiency and profit growth. They are also responsible for devising strategies and improvements for optimal performance, monitoring the sales and customer feedback, identifying opportunities from the marketing trends, and building positive relationships with customers. They must also perform clerical tasks such as producing progress reports and presentations, maintaining data, and monitoring schedules. Furthermore, as a business development analyst, it is essential to adhere to the company's policies and regulations, including its vision, mission, and goals.

      In this section, we take a look at the annual salaries of other professions. Take business development analyst for example. On average, the business development analysts annual salary is $13,821 lower than what analysts make on average every year.

      Even though analysts and business development analysts have vast differences in their careers, a few of the skills required to do both jobs are similar. For example, both careers require procedures, data analysis, and financial statements in the day-to-day roles.

      These skill sets are where the common ground ends though. An analyst responsibility is more likely to require skills like "customer service," "troubleshoot," "management system," and "data entry." Whereas a business development analyst requires skills like "business development," "crm," "email," and "salesforce." Just by understanding these different skills you can see how different these careers are.

      Business development analysts tend to reach higher levels of education than analysts. In fact, business development analysts are 13.8% more likely to graduate with a Master's Degree and 1.4% less likely to have a Doctoral Degree.

      What Are The Duties Of a Program Management Analyst?

      The job of a program management analyst involves optimizing business operations and analyzing organizational processes to increase productivity and maximize efficiency and profits. Program management analysts help track every company's schedule, budget, and delivery of goods and/or services. They prepare reports of the status of management projects. It is part of their job to determine business operations and opportunities. The analysts must develop skills in understanding long-term employer goals, management skills, and analytical skills.

      Next up, we have the program management analyst profession to look over. This career brings along a higher average salary when compared to an analyst annual salary. In fact, program management analysts salary difference is $5,702 higher than the salary of analysts per year.

      While the salary may be different for these job positions, there is one similarity and that's a few of the skills needed to perform certain duties. We used info from lots of resumes to find that both analysts and program management analysts are known to have skills such as "procedures," "customer service," and "data analysis. "

      In addition to the difference in salary, there are some other key differences that are worth noting. For example, analyst responsibilities are more likely to require skills like "troubleshoot," "data entry," "r," and "internet." Meanwhile, a program management analyst might be skilled in areas such as "program operations," "management practices," "action plans," and "program requirements." These differences highlight just how different the day-to-day in each role looks.

      Program management analysts may earn a higher salary than analysts, but program management analysts earn the most pay in the government industry with an average salary of $99,351. On the other side of things, analysts receive higher paychecks in the health care industry where they earn an average of $73,205.

      In general, program management analysts study at higher levels of education than analysts. They're 11.0% more likely to obtain a Master's Degree while being 1.4% more likely to earn a Doctoral Degree.

      What technology do you think will become more important and prevalent for Analysts in the next 3-5 years?

      Erik Johnson Ph.D.

      Assistant Professor of Economics, Carthage College

      Two technologies are likely to become more critical in the next 3-5 years: First, much more videoconferencing and remote meetings are likely here to stay. Be sure you can communicate effectively through these mediums. Secondly, using large amounts of numerical and textual data will become increasingly crucial for businesses and policy analysis. Learning how to sift through these data and glean insights from them are likely essential skills to develop and will allow you to grow in your career.Show more

      What technology do you think will become more important and prevalent for Analysts in the next 3-5 years?

      Dr. Todd Steen

      The Granger Professor of Economics, Hope College

      In the next three to five years, data analysis and the ability to use economic reasoning, will be more critical than ever. Graduates should be familiar with economics models and should be able to use software packages that analyze data.Show more

      How a Corporate Finance Analyst Compares

      Corporate finance analysts make significant business decisions based on the data they gather. Typically, corporate finance analysts work within an organization and support management decisions through actionable financial information. They monitor the taxes, expenses, financial statements, and other financial details of where the company sources its income. This position requires a formal qualification in accounting. It also necessitates the analyst to develop interpersonal skills, knowledge in information technology software, financial reporting skills, and experience in management.

      Let's now take a look at the corporate finance analyst profession. On average, these workers make higher salaries than analysts with a $365 difference per year.

      By looking over several analysts and corporate finance analysts resumes, we found that both roles utilize similar skills, such as "data analysis," "financial statements," and "business process." But beyond that the careers look very different.

      There are many key differences between these two careers as shown by resumes from each profession. Some of those differences include the skills required to complete responsibilities within each role. As an example of this, an analyst is likely to be skilled in "procedures," "customer service," "troubleshoot," and "management system," while a typical corporate finance analyst is skilled in "private equity," "special projects," "balance sheet," and "business partners."

      Corporate finance analysts make a very good living in the insurance industry with an average annual salary of $91,743. Whereas analysts are paid the highest salary in the health care industry with the average being $73,205.

      Corporate finance analysts typically study at higher levels compared with analysts. For example, they're 14.0% more likely to graduate with a Master's Degree, and 1.2% more likely to earn a Doctoral Degree.

      Description Of a Business Process Analyst

      The business process analysts are responsible for producing, managing, and enhancing business processes to improve business performance using data. They gather, analyze, and transcribe information about internal processes to obtain a comprehensive picture of the company's internal workings. Their responsibilities include developing strategies, identifying the needs of the user, and communicating compound data in a comprehensible way. Also, they identify, implement, and assess business metrics that are essential to the end-users. Additionally, they may act as consultants to project teams providing them with recommendations for product or service improvement.

      Business process analysts tend to earn a higher pay than analysts by about $7,459 per year.

      According to resumes from both analysts and business process analysts, some of the skills necessary to complete the responsibilities of each role are similar. These skills include "procedures," "customer service," and "data analysis. "

      While some skills are shared by these professions, there are some differences to note. "troubleshoot," "financial statements," "data entry," and "r" are skills that have shown up on analysts resumes. Additionally, business process analyst uses skills like to-be, subject matter experts, continuous improvement, and sigma on their resumes.

      Now, let's take a closer look at the financials in each career. The manufacturing industry tends to pay more for business process analysts with an average of $107,371. While the highest analyst annual salary comes from the health care industry.

      In general, business process analysts reach higher levels of education when compared to analysts resumes. Business process analysts are 10.4% more likely to earn their Master's Degree and 1.5% less likely to graduate with a Doctoral Degree.