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The differences between senior pricing analysts and senior 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 senior analyst takes usually requires 2-4 years. Additionally, a senior analyst has an average salary of $84,799, which is higher than the $74,660 average annual salary of a senior pricing analyst.
The top three skills for a senior pricing analyst include pricing strategy, data analysis and SR. The most important skills for a senior analyst are analytics, data analysis, and tableau.
| Senior Pricing Analyst | Senior Analyst | |
| Yearly salary | $74,660 | $84,799 |
| Hourly rate | $35.89 | $40.77 |
| Growth rate | 19% | 11% |
| Number of jobs | 61,987 | 159,807 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 68% |
| Average age | 37 | 44 |
| Years of experience | 6 | 4 |
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.
A senior analyst's responsibilities will vary in every organization or industry. However, their primary role is to gain an understanding of a company's strengths and weaknesses. Through this, they can devise strategies and determine new opportunities that would be significant in attaining financial gains and a more substantial client base. Furthermore, it is a senior analyst's responsibility to coordinate with various departments, and even clients, to establish a rapport that will be essential in gaining the needed information to catapult a company to its finest.
Senior pricing analysts and senior analysts have different pay scales, as shown below.
| Senior Pricing Analyst | Senior Analyst | |
| Average salary | $74,660 | $84,799 |
| Salary range | Between $57,000 And $96,000 | Between $63,000 And $112,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | Washington | New Jersey |
| Best paying company | The Citadel | |
| Best paying industry | Manufacturing | Finance |
There are a few differences between a senior pricing analyst and a senior analyst in terms of educational background:
| Senior Pricing Analyst | Senior Analyst | |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 68% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Northwestern University |
Here are the differences between senior pricing analysts' and senior analysts' demographics:
| Senior Pricing Analyst | Senior Analyst | |
| Average age | 37 | 44 |
| Gender ratio | Male, 62.2% Female, 37.8% | Male, 61.8% Female, 38.2% |
| Race ratio | Black 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, 7.4% Unknown, 4.4% Hispanic or Latino, 8.4% Asian, 14.3% White, 65.2% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 10% | 12% |