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The differences between dealer analysts and contract analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a dealer analyst and a contract analyst. Additionally, a dealer analyst has an average salary of $77,663, which is higher than the $54,544 average annual salary of a contract analyst.
The top three skills for a dealer analyst include salesforce, financial analysis and approval process. The most important skills for a contract analyst are customer service, contract management, and contract terms.
| Dealer Analyst | Contract Analyst | |
| Yearly salary | $77,663 | $54,544 |
| Hourly rate | $37.34 | $26.22 |
| Growth rate | 9% | 9% |
| Number of jobs | 50,943 | 58,593 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 67% |
| Average age | 40 | 40 |
| Years of experience | 4 | 4 |
Dealer analysts are professionals who are responsible for performing data, statistical, and geographical analysis on the information of suppliers and customers. These analysts are required to review their dealer financial statements so that they can assess the level of risk in extending their dealer credit lines. They must analyze consumer credit applications for loan approval and creditworthiness. Dealer analysts must also develop business relationships with dealership personnel through the understanding of business unit financing plans, programs, and procedures.
A contract analyst is primarily in charge of thoroughly reviewing contract terms and conditions, negotiating and addressing changes on behalf of a company or an individual, and avoiding financial disadvantages or any disputes. They are responsible for consulting with clients, analyzing clauses and liabilities, recommending amendments, documenting all transactions, and monitoring every change in the contract. Furthermore, there are instances when a contract analyst must coordinate with all department officers, advising them of any significant changes that the contracts might bring.
Dealer analysts and contract analysts have different pay scales, as shown below.
| Dealer Analyst | Contract Analyst | |
| Average salary | $77,663 | $54,544 |
| Salary range | Between $56,000 And $106,000 | Between $39,000 And $74,000 |
| Highest paying City | - | Jersey City, NJ |
| Highest paying state | - | New Jersey |
| Best paying company | - | AstraZeneca |
| Best paying industry | - | Pharmaceutical |
There are a few differences between a dealer analyst and a contract analyst in terms of educational background:
| Dealer Analyst | Contract Analyst | |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between dealer analysts' and contract analysts' demographics:
| Dealer Analyst | Contract Analyst | |
| Average age | 40 | 40 |
| Gender ratio | Male, 59.3% Female, 40.7% | Male, 41.2% Female, 58.8% |
| Race ratio | Black or African American, 5.6% Unknown, 4.5% Hispanic or Latino, 7.7% Asian, 14.1% White, 68.0% American Indian and Alaska Native, 0.1% | Black or African American, 5.6% Unknown, 4.5% Hispanic or Latino, 7.7% Asian, 14.1% White, 68.0% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 7% | 7% |