What does a senior market analyst do?
A senior market analyst plays a vital role in a company's decision-making procedures. They spearhead the efforts that focus on gathering and analyzing data from the consumers and market, performing analytics, conducting extensive research and surveys, and studying customer feedback. Through their research findings, a senior market analyst develops guidelines, conclusions, and recommendations that will be a significant factor when making decisions for the company. Moreover, it is also their responsibility to determine future trends, develop sales models, study the competitor's activities, and prepare detailed reports about the market conditions.
Senior market analyst responsibilities
Here are examples of responsibilities from real senior market analyst resumes:
- Achieve greater transparency in reserve reporting and improve communication on loss modeling and reserve calculation methodologies by streamlining documentation procedures.
- Develop complex data queries in SAS and SQL to identify market outcomes and/or market participantbehaviors that warrant further investigation and analysis.
- Identify all critical methodologies to conduct predictive analysis via merging of SPSS numerous data files into a master database.
- Provide research in EDI data transactions for process improvement and to uncover transactional issues running SQL queries against ERCOT databases.
- Write requirements, shadow validation tools (mostly in SAS), create test data and test the settlement system.
- Develop and present successful seasonal promotions by providing detail ROI assessment and optimizing the execution to allow customization at retail.
- Develop Java parser under Thomson Reuters parser framework to facilitate automate data acquisition and onboarding.
Senior market analyst skills and personality traits
We calculated that 8% of Senior Market Analysts are proficient in PowerPoint, Portfolio, and Market Research. They’re also known for soft skills such as Detail oriented, Analytical skills, and Communication skills.
We break down the percentage of Senior Market Analysts that have these skills listed on their resume here:
- PowerPoint, 8%
Used SPSS, Excel, PowerPoint, and other Office applications for analysis and reporting.
- Portfolio, 5%
Worked with financing facilities director for forecast modeling of pledged portfolio performance and compliance tracking.
- Market Research, 5%
Fostered retail and wholesale development by conducting market analysis and market research studies for a variety of development projects.
- Data Analysis, 5%
Collaborated with database specialists to improve quality and efficiency of data analysis process.
- Visualization, 5%
Mentored team on analytic approaches and data visualization.
- Project Management, 4%
Project management for decision support reporting systems required to support the business of pharmaceutical companies.
"powerpoint," "portfolio," and "market research" are among the most common skills that senior market analysts use at work. You can find even more senior market analyst responsibilities below, including:
Detail oriented. To carry out their duties, the most important skill for a senior market analyst to have is detail oriented. Their role and responsibilities require that "market research analysts must pay attention to minutiae to evaluate data." Senior market analysts often use detail oriented in their day-to-day job, as shown by this real resume: "combined detailed market analysis with financial analysis to develop more comprehensive planning. "
Analytical skills. Many senior market analyst duties rely on analytical skills. "market research analysts must evaluate large amounts of data and information related to market conditions.," so a senior market analyst will need this skill often in their role. This resume example is just one of many ways senior market analyst responsibilities rely on analytical skills: "validate end user data quality and usability"
Communication skills. This is an important skill for senior market analysts to perform their duties. For an example of how senior market analyst responsibilities depend on this skill, consider that "market research analysts must be able to clearly convey information when gathering material, interpreting data, and presenting results to clients." This excerpt from a resume also shows how vital it is to everyday roles and responsibilities of a senior market analyst: "establish go-to market strategy, branding, customer experience and cross-team communication efforts throughout complex organization. ".
The three companies that hire the most senior market analysts are:
- CoStar Group47 senior market analysts jobs
- Black & Veatch44 senior market analysts jobs
- KPMG LLP40 senior market analysts jobs
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Senior market analyst vs. Analyst sales
Analyst sales, or a sales analyst, is an individual who is responsible for increasing sales and revenue of a company by running competitive analysis and making recommendations on how the marketing and sales team should move forward. Sales analysts must assist in the review of monthly financial statements and prepare complex financial statements for retail and service businesses. They develop and provide market intelligence data solutions for the sales team to maximize territory sales efforts. Sales analysts must also maintain a business relationship with key account top management to deliver outstanding customer service and assistance.
These skill sets are where the common ground ends though. The responsibilities of a senior market analyst are more likely to require skills like "powerpoint," "portfolio," "project management," and "digital marketing." On the other hand, a job as an analyst sales requires skills like "salesforce," "customer service," "strong analytical," and "pivot tables." As you can see, what employees do in each career varies considerably.
Analyst sales really shine in the finance industry with an average salary of $80,458. Comparatively, senior market analysts tend to make the most money in the finance industry with an average salary of $96,028.On average, analyst sales reach lower levels of education than senior market analysts. Analyst sales are 10.9% less likely to earn a Master's Degree and 1.0% less likely to graduate with a Doctoral Degree.Senior market analyst vs. Marketing internship
Marketing interns are usually marketing students or fresh graduates who are interested in getting actual work experiences before taking on a full-time job. They usually have an interest or academic background related to marketing. They assist marketing teams in most of their daily activities, sit in their meetings, record minutes of these meetings, take note of action plans, and attend other events related to marketing. They also assist in preparing collateral and other marketing materials, join brainstorming sessions, or any other activity that will help enrich their experience.
In addition to the difference in salary, there are some other key differences worth noting. For example, senior market analyst responsibilities are more likely to require skills like "portfolio," "visualization," "project management," and "financial analysis." Meanwhile, a marketing internship has duties that require skills in areas such as "twitter," "instagram," "email campaigns," and "graphic design." These differences highlight just how different the day-to-day in each role looks.
Marketing interns earn a lower average salary than senior market analysts. But marketing interns earn the highest pay in the technology industry, with an average salary of $33,333. Additionally, senior market analysts earn the highest salaries in the finance with average pay of $96,028 annually.Average education levels between the two professions vary. Marketing interns tend to reach lower levels of education than senior market analysts. In fact, they're 15.7% less likely to graduate with a Master's Degree and 1.0% less likely to earn a Doctoral Degree.What technology do you think will become more important and prevalent for senior market analysts in the next 3-5 years?
Associate Dean, Career Development and Part-Time Faculty, Quinnipiac University
Lastly, many employers have been forced by the pandemic to realize the undeniable benefits of employees working remotely, either part-time or full-time, and recent graduates have to quickly pivot and successfully embrace the virtual world of work. If structured strategically, working remotely can cut down on business overhead. It can open up workforce options (including expertise, diversity, etc.), without employee geographical location being a part of the equation, and potentially expanding business opportunities to a much broader area. The employees also glean benefits as remote work reduces commuting time and expense; it allows for more significant job opportunities nationwide and can add to one's overall quality of life. There will always be businesses that require an on-site workforce, but in cases where there is flexibility, there is a new opportunity.
Senior market analyst vs. Data analyst internship
A data analyst internship involves a trainee who wants to gain working experience in the field of information technology (IT) by assisting data analyst professionals. Data analyst interns should examine information using data analysis tools so that they can help their employers make important decisions by identifying various facts and trends. They write reports and present them to the management to provide new insights about new trends and areas for improvement. Data analyst interns can find work in areas such as banks, specialist software development companies, and consultancies.
Some important key differences between the two careers include a few of the skills necessary to fulfill the responsibilities of each. Some examples from senior market analyst resumes include skills like "powerpoint," "portfolio," "project management," and "market analysis," whereas a data analyst internship is more likely to list skills in "java," "python," "power bi," and "data analytics. "
Data analyst interns make a very good living in the technology industry with an average annual salary of $47,252. On the other hand, senior market analysts are paid the highest salary in the finance industry, with average annual pay of $96,028.Most data analyst interns achieve a similar degree level compared to senior market analysts. For example, they're 1.1% more likely to graduate with a Master's Degree, and 0.5% more likely to earn a Doctoral Degree.Senior market analyst vs. Marketing coordinator
A marketing coordinator supports the marketing department on deciding strategies and business efforts to develop the brand image and boost customer satisfaction. Marketing coordinators' duties include assisting in advertising campaigns, scheduling promotional events, monitoring sales status, researching current market trends, maintaining a record of existing and potential clients, and contributing ideas to improve the brand's profitability. A marketing coordinator must have excellent critical thinking and writing skills to help with the creation of social media advertisements and marketing content. It also requires impressive time-management and multi-tasking skills, especially on meeting deadlines and making adjustments on the initial plans as needed.
Even though a few skill sets overlap between senior market analysts and marketing coordinators, there are some differences that are important to note. For one, a senior market analyst might have more use for skills like "portfolio," "data analysis," "visualization," and "market analysis." Meanwhile, some responsibilities of marketing coordinators require skills like "customer service," "email campaigns," "graphic design," and "data entry. "
In general, marketing coordinators earn the most working in the technology industry, with an average salary of $53,831. The highest-paying industry for a senior market analyst is the finance industry.The average resume of marketing coordinators showed that they earn lower levels of education compared to senior market analysts. So much so that theyacirc;euro;trade;re 14.7% less likely to earn a Master's Degree and less likely to earn a Doctoral Degree by 1.1%.Types of senior market analyst
Updated January 8, 2025











