The proposal analyst is responsible for assisting in the overall coordination, pricing, assembly, and review of proposal documentation and presenting to management for approval. You will research and analyze historical data and develop cost models to support proposal efforts. You will help the proposal team in performing market analysis, competitive supplier evaluation, and make selections and implementation of business strategies. In addition, the compilation of the schedule, cost, and technical elements while developing proposals will be done by you. Lastly, you will give reports on progress, metrics, and issues for all proposal efforts to the management teams.
The required educational requirement for the post is a bachelor's degree, preferably in Business Administration, finance, communications, engineering management, or related field. High proficiency in excel, proposal development, and the capture management process is also required. You must have an excellent database and computer skills in MS Project, MS Excel, MS Word, and Adobe Acrobat. You will be paid an average of $78,874 annually.
There is more than meets the eye when it comes to being a proposal analyst. For example, did you know that they make an average of $37.92 an hour? That's $78,874 a year!
Between 2018 and 2028, the career is expected to grow 8% and produce 4,700 job opportunities across the U.S.
There are certain skills that many proposal 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 detail oriented, imagination and teamwork.
When it comes to the most important skills required to be a proposal analyst, we found that a lot of resumes listed 11.8% of proposal analysts included proposal content, while 10.7% of resumes included rfp, and 9.7% of resumes included clearance. 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 proposal analyst job title. But what industry to start with? Most proposal analysts actually find jobs in the technology and health care industries.
If you're interested in becoming a proposal analyst, one of the first things to consider is how much education you need. We've determined that 76.6% of proposal analysts have a bachelor's degree. In terms of higher education levels, we found that 13.6% of proposal analysts have master's degrees. Even though most proposal analysts have a college degree, it's impossible 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 a proposal analyst. When we researched the most common majors for a proposal analyst, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on proposal analyst resumes include associate degree degrees or doctoral degree degrees.
You may find that experience in other jobs will help you become a proposal analyst. In fact, many proposal analyst jobs require experience in a role such as technical writer. Meanwhile, many proposal analysts also have previous career experience in roles such as administrative assistant or finance analyst.