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Senior pricing analyst vs planning analyst

The differences between senior pricing analysts and planning analysts can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a senior pricing analyst, becoming a planning analyst takes usually requires 2-4 years. Additionally, a senior pricing analyst has an average salary of $74,660, which is higher than the $68,137 average annual salary of a planning analyst.

The top three skills for a senior pricing analyst include pricing strategy, data analysis and SR. The most important skills for a planning analyst are project management, customer service, and data analysis.

Senior pricing analyst vs planning analyst overview

Senior Pricing AnalystPlanning Analyst
Yearly salary$74,660$68,137
Hourly rate$35.89$32.76
Growth rate19%11%
Number of jobs61,98792,380
Job satisfaction--
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 73%
Average age3744
Years of experience64

What does a senior pricing analyst do?

A senior pricing analyst is responsible for evaluating the market competition and pricing statistics to determine the best value that meets the public's demands at the same time works with the company's best interests. Senior pricing analysts identify the efficient pricing strategies for marginal profits and revenues, as well as conducting data and statistical analysis for pricing models and create cost and expenses forecasting. A senior pricing analyst must have excellent knowledge of the marketing industry, as well as possessing analytical skills to measure returns and estimates for product distribution.

What does a planning analyst do?

As a planning analyst, you will be responsible for designing and implementing a company's business and marketing strategies with the goal of driving profits and reducing costs. You will propose measures to enhance an organization's overall efficiency, and guide managers on ways to strengthen profit margins through risk awareness reduced costs, and increased revenues. Other duties include conducting risk analyses to identify areas of potential failure, maintaining the business continuity program, and handling internal and external corporate communications with the investment community and industry analysts.

Senior pricing analyst vs planning analyst salary

Senior pricing analysts and planning analysts have different pay scales, as shown below.

Senior Pricing AnalystPlanning Analyst
Average salary$74,660$68,137
Salary rangeBetween $57,000 And $96,000Between $49,000 And $93,000
Highest paying CitySan Francisco, CAWashington, DC
Highest paying stateWashingtonRhode Island
Best paying companyGoogleMeta
Best paying industryManufacturingAutomotive

Differences between senior pricing analyst and planning analyst education

There are a few differences between a senior pricing analyst and a planning analyst in terms of educational background:

Senior Pricing AnalystPlanning Analyst
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 73%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaNorthwestern University

Senior pricing analyst vs planning analyst demographics

Here are the differences between senior pricing analysts' and planning analysts' demographics:

Senior Pricing AnalystPlanning Analyst
Average age3744
Gender ratioMale, 62.2% Female, 37.8%Male, 53.4% Female, 46.6%
Race ratioBlack or African American, 5.3% Unknown, 5.0% Hispanic or Latino, 12.6% Asian, 11.2% White, 65.8% American Indian and Alaska Native, 0.1%Black or African American, 8.0% Unknown, 4.5% Hispanic or Latino, 8.9% Asian, 12.6% White, 65.8% American Indian and Alaska Native, 0.2%
LGBT Percentage10%12%

Differences between senior pricing analyst and planning analyst duties and responsibilities

Senior pricing analyst example responsibilities.

  • Achieve greater transparency in reserve reporting and improve communication on loss modeling and reserve calculation methodologies by streamlining documentation procedures.
  • Create, maintain and enhance SQL script and store procedures.
  • Engineer web crawlers with Perl and SQL to track global competitor pricing, leading to new sales strategies.
  • Review and interpret request for proposal (RFP) requirements, create work breakdown structures (WBS).
  • Perform statistical interpretation of data using SPSS to identify key drivers of customer satisfaction, employee performance, and business success.
  • Research technical accounting issues and derivative investment valuation methodologies.
  • Show more

Planning analyst example responsibilities.

  • Manage 160 footwear SKUs across 3700 stores to ensure optimal inventory depths during peak time frames.
  • Reduce work in process inventory by use of KANBAN system which also lead to improve customer service.
  • Manage suppliers (KPI's) to deliver target cost, service and quality levels in each operating center.
  • Manage cross-functional team which successfully create a manual for ISO 9000 certification and develop a training program for new hires.
  • Lead monthly and quarterly EAC forecasting and consolidate forecasts in support of corporate financial reporting.
  • Prepare requests for quotes (RFQ) and requests for improvement (RFI) for distribution to existing and potential suppliers.
  • Show more

Senior pricing analyst vs planning analyst skills

Common senior pricing analyst skills
  • Pricing Strategy, 9%
  • Data Analysis, 8%
  • SR, 7%
  • Margin, 6%
  • SQL, 6%
  • Power Bi, 5%
Common planning analyst skills
  • Project Management, 8%
  • Customer Service, 7%
  • Data Analysis, 6%
  • Logistics, 6%
  • Strong Analytical, 5%
  • SQL, 5%

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