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The differences between senior contract analysts and contracts specialists can be seen in a few details. Each job has different responsibilities and duties. Additionally, a contracts specialist has an average salary of $63,727, which is higher than the $60,645 average annual salary of a senior contract analyst.
The top three skills for a senior contract analyst include contract administration, SQL and analytical support. The most important skills for a contracts specialist are veterans, DOD, and contract administration.
| Senior Contract Analyst | Contracts Specialist | |
| Yearly salary | $60,645 | $63,727 |
| Hourly rate | $29.16 | $30.64 |
| Growth rate | 9% | -6% |
| Number of jobs | 52,254 | 27,244 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 62% |
| Average age | 44 | 44 |
| Years of experience | - | - |
A senior contract analyst is responsible for creating business agreements and contract negotiations, ensuring that the terms of service adhere to the business' requirements and interests. Senior contract analysts follow strict contractual regulations and legal policies to prevent contract disputes and discrepancies that may pose financial and reputational risks for the business. They should also be informed of the business services and client conditions to verify liabilities and obligations within the contract clauses. A senior contract analyst must have excellent communication and organizational skills, especially in writing expertise, to create and revise contract documents as needed.
A contract specialist is responsible for evaluating contract agreements between the business and its clients. Contract specialists write beneficial deals that would develop good, professional working partnerships. They negotiate terms with clients, analyzing bid offers, review legislation processes and regulations, provide immediate resolution for breach of contracts, manage procurement proposals, and communicate with potential and existing clients for any amendments and clarifications. A contract specialist must have excellent communication and negotiation skills and broad knowledge of legal terminologies and contract styles.
Senior contract analysts and contracts specialists have different pay scales, as shown below.
| Senior Contract Analyst | Contracts Specialist | |
| Average salary | $60,645 | $63,727 |
| Salary range | Between $44,000 And $82,000 | Between $40,000 And $99,000 |
| Highest paying City | Washington, DC | Washington, DC |
| Highest paying state | Colorado | Delaware |
| Best paying company | AARP | |
| Best paying industry | Finance | Government |
There are a few differences between a senior contract analyst and a contracts specialist in terms of educational background:
| Senior Contract Analyst | Contracts Specialist | |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 62% |
| Most common major | Business | Business |
| Most common college | Western Carolina University | Western Carolina University |
Here are the differences between senior contract analysts' and contracts specialists' demographics:
| Senior Contract Analyst | Contracts Specialist | |
| Average age | 44 | 44 |
| Gender ratio | Male, 40.4% Female, 59.6% | Male, 40.2% Female, 59.8% |
| Race ratio | Black or African American, 6.4% Unknown, 4.6% Hispanic or Latino, 9.4% Asian, 8.8% White, 70.4% American Indian and Alaska Native, 0.4% | Black or African American, 6.4% Unknown, 4.6% Hispanic or Latino, 9.4% Asian, 8.8% White, 70.4% American Indian and Alaska Native, 0.4% |
| LGBT Percentage | 11% | 11% |