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Investigative analyst vs analyst

The differences between investigative analysts and analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both an investigative analyst and an analyst. Additionally, an investigative analyst has an average salary of $125,975, which is higher than the $73,007 average annual salary of an analyst.

The top three skills for an investigative analyst include criminal justice, external stakeholders and anti-money laundering. The most important skills for an analyst are customer service, troubleshoot, and data analysis.

Investigative analyst vs analyst overview

Investigative AnalystAnalyst
Yearly salary$125,975$73,007
Hourly rate$60.56$35.10
Growth rate3%11%
Number of jobs28,703253,138
Job satisfaction--
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 67%
Average age4444
Years of experience44

What does an investigative analyst do?

An investigative analyst is responsible for handling and resolving suspicious activities that pose risks for an organization's reputation and stability. Investigative analysts review incident reports, such as fraud and other law violations, strategizing on effective ways to minimize losses and prevent misconduct reoccurrence. They collect evidence, including documents and interviews, to support their claims and record their findings. An investigative analyst must be highly communicative and organizational, as well as the ability to keep and secure confidential information until further notice.

What does an analyst do?

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.

Investigative analyst vs analyst salary

Investigative analysts and analysts have different pay scales, as shown below.

Investigative AnalystAnalyst
Average salary$125,975$73,007
Salary rangeBetween $102,000 And $154,000Between $53,000 And $99,000
Highest paying CityWashington, DCJersey City, NJ
Highest paying stateMontanaNew Jersey
Best paying companyMetaThe Citadel
Best paying industryProfessionalTechnology

Differences between investigative analyst and analyst education

There are a few differences between an investigative analyst and an analyst in terms of educational background:

Investigative AnalystAnalyst
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 67%
Most common majorCriminal JusticeBusiness
Most common collegeSUNY at BinghamtonNorthwestern University

Investigative analyst vs analyst demographics

Here are the differences between investigative analysts' and analysts' demographics:

Investigative AnalystAnalyst
Average age4444
Gender ratioMale, 44.9% Female, 55.1%Male, 52.4% Female, 47.6%
Race ratioBlack or African American, 11.9% Unknown, 5.0% Hispanic or Latino, 16.9% Asian, 2.8% White, 62.7% American Indian and Alaska Native, 0.7%Black or African American, 7.4% Unknown, 4.4% Hispanic or Latino, 8.5% Asian, 14.3% White, 65.2% American Indian and Alaska Native, 0.2%
LGBT Percentage9%12%

Differences between investigative analyst and analyst duties and responsibilities

Investigative analyst example responsibilities.

  • Manage a team responsible for an audit and complete overhaul of a lab after finding several critical HIPAA violations.
  • Manage reporting, investigating identity thefts, identifying account take over and AML, conducting compliance audits and account closures as needed
  • Manage the Medicaid provider exclusion and reinstatement monitoring and reporting activities to meet customer expectations and government requirements.
  • Provide QA oversight of corrective and preventive actions by reviewing and entering data into the CAPA system.
  • Increase focus on data privacy and breaches, HIPAA compliance, third-party due diligence and export controls.
  • Review ACH, wires and activity on accounts for suspicious activity.
  • Show more

Analyst example responsibilities.

  • Manage support incidents and mitigate customer issues meeting or exceeding establish SLA's.
  • Manage database including all ETL procedures, optimize SQL query to build an online sales platform.
  • Lead the requirement gathering effort from key customers for development of new JAVA applications and for troubleshooting customer issues.
  • Provide hands-on technical support and managing custom software, windows base systems, networking solutions, and database systems.
  • Initiate and lead quality improvement projects to address KPIs such as production, error rate, and turnaround time.
  • Help develop and handle both on and offsite SEO solutions as well as managing local campaigns and international SEO efforts.
  • Show more

Investigative analyst vs analyst skills

Common investigative analyst skills
  • Criminal Justice, 7%
  • External Stakeholders, 7%
  • Anti-Money Laundering, 7%
  • Identify Trends, 7%
  • Management System, 6%
  • Law Enforcement Agencies, 4%
Common analyst skills
  • Customer Service, 13%
  • Troubleshoot, 6%
  • Data Analysis, 6%
  • Management System, 5%
  • Project Management, 5%
  • Strong Analytical, 4%

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