Investigative analysts work within the investigative team of a particular organization's operations department. They serve a key role, as their purpose is to comprehensively analyze information gathered through multiple sources and produce reports and results while making a well-judged assessment and tracking progression.
Some of the duties and responsibilities that come with this role include gathering intelligence information by field observation, collecting, assimilating, analyzing, and evaluating results of research and investigation. They also ensure necessary follow-up actions to external stakeholders, and demonstrate excellent judgment, and be driven by professional excellence.
Educational requirements include a bachelor's degree with a major in economics, political science, finance, or a related field. Moreover, prior work in research, legal, or risk management will be preferred. Essential skills needed for the position include researching, confidentiality, strong decision making, customer service, and the ability to work in a high-pressure environment.
The average hourly salary for the position is $31.80, which amounts to $66,143 annually. The career is expected to grow in the near future and create various opportunities across the United States.
There is more than meets the eye when it comes to being an investigative analyst. For example, did you know that they make an average of $29.88 an hour? That's $62,142 a year!
Between 2018 and 2028, the career is expected to grow 5% and produce 37,500 job opportunities across the U.S.
There are certain skills that many investigative analysts have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed empathy, good judgment and leadership skills.
When it comes to the most important skills required to be an investigative analyst, we found that a lot of resumes listed 22.8% of investigative analysts included procedures, while 10.5% of resumes included anti-money laundering, and 7.0% of resumes included appropriate documentation. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the investigative analyst job title. But what industry to start with? Most investigative analysts actually find jobs in the finance and technology industries.
If you're interested in becoming an investigative analyst, one of the first things to consider is how much education you need. We've determined that 51.7% of investigative analysts have a bachelor's degree. In terms of higher education levels, we found that 23.0% of investigative analysts have master's degrees. Even though most investigative analysts have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become an investigative analyst. When we researched the most common majors for an investigative analyst, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on investigative analyst resumes include associate degree degrees or high school diploma degrees.
You may find that experience in other jobs will help you become an investigative analyst. In fact, many investigative analyst jobs require experience in a role such as internship. Meanwhile, many investigative analysts also have previous career experience in roles such as analyst or customer service representative.