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Become A Senior Product Analyst

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Working As A Senior Product Analyst

  • Analyzing Data or Information
  • Getting Information
  • Interacting With Computers
  • Interpreting the Meaning of Information for Others
  • Communicating with Supervisors, Peers, or Subordinates
  • Mostly Sitting

  • Make Decisions

  • $91,134

    Average Salary

What Does A Senior Product Analyst Do At Fiserv

* Defining, documenting, and communicating business requirements through user stories
* Working closely with technology resources to ensure requirements are interpreted correctly from business requirements to the detailed design specifications and in the construct of the overall product vision
* Directing the design of products throughout the product life cycle
* Leading operational readiness and participating in product launch activities
* Partnering with Product Strategy to understand market problems and revenue opportunities to ensure the solution meets market needs
* Using market knowledge to help define the solution
* Building and maintaining subject matter expertise for the assigned product portfolio
* May provide training for sales partners and end users
* May provide sales support as needed through verbal and written channels including conducting demos to internal and external

What Does A Senior Product Analyst Do At UPMC

* Engage in development process.
* Participate in all aspects of the development process including planning, review and retrospectives.
* Lead the development of the creation of user stories based on understanding of project and requirements.
* New product business systems requirements definition and analysis.
* For medium to large products, elicit requirements using interviews, document analysis, requirements workshops, surveys, site visits, business process descriptions, use cases, scenarios, business analysis, product analysis, task and workflow analysis.
* Critically evaluate information gathered from multiple sources, reconcile conflicts, decompose high-level information into details, abstract up from low-level information to a general understanding, and distinguish user requests from the underlying true needs.
* For medium to large products, proactively communicate and collaborate as part of a project team with external and internal stakeholders to analyze information needs and requirements and participate in the development of the following artifacts as needed

What Does A Senior Product Analyst Do At HCA, Hospital Corporation of America

* Identifies product and process gaps and helps lead enhancement efforts focused on the Financial and Clinical Research aspects of the business
* Collaborates with business owners to determine technology needs and translates those needs into system requirements and design specifications
* Works with IT leadership in the preparation of system development artifacts such as requirements, analysis, process flow and design system documentation including user guides and system administration procedures for portal and workflow applications
* Assists in the creation of standardized programmatic reports for the enterprise
* Works closely with enterprise and site users to ensure software usage optimization
* Identifies opportunities to streamline operations and enhance service delivery
* Provides tier 2 customer support to the end users
* Takes ownership of responsibilities, working individually or with teams to accomplish goals
* Ability to multi task, given various task assignments, assisting management in prioritization of tasks
* Works with all departments throughout the product delivery cycle to ensure project dates are met and ensure timely completion of Product Analyst deliverables
* Practices and adheres to the “Code of Conduct” philosophy and “Mission and Values Statement”
* Performs other duties as assigned

What Does A Senior Product Analyst Do At AAA Northern California, Nevada & Utah

* Strategy and Execution -
* Conduct analysis and research to support development of annual and 3 year business strategy for SBU and Overall Product businesses
* Analyze ROMI, LTV, Attribution model data to present insights to PM, APMs, on how / where best to drive business forward
* Pull data from internal partners to evaluate performance and develop insights on marketing campaigns and allocation of creative assets
* Research competitor pricing, promotions, new products launch, advertising, and distribution and share with PM, APMs
* Research consumer targets / demographics and partner internally to develop consumer insights for product owners
* Partner with finance counterpart to file Monthly invoices and process accruals
* Perform marketing admin tasks and ad-hoc projects as assigned
* Communication and Networking -
* Track progress of all advertising campaigns & creative productions
* Prepare materials / financial analysis for vendor negotiations

What Does A Senior Product Analyst Do At Invesco

* Support US retail distribution channels in product-related research and analysis
* Predominantly support the Wealth Management Platform (WMP) group by building relationships with Investment Analysts and the Retail and Institutional Business Development teams who work directly with home office analysts
* Typical activities associated with this role would include:
* Helping identify and anticipate client product, platform, and model needs by conducting insightful competitive intelligence
* Highlighting each WMP’s strengths, weaknesses, and gaps, and overlay these against Invesco’s market credible capabilities
* Developing an understanding of each WMP’s product offering set and their decision-making process
* Collaborating with colleagues to identify new ways to leverage platform product data that can lead to incremental insights
* Provide thorough information related to investment performance, process, positioning, and characteristics.
* Work with APMR, Product Management, and other internal teams to develop informative and educational pieces on high priority opportunities for use by sales in the field
* Set up and participate on recurring calls/meetings to discuss relevant findings from platform reviews or any Morningstar alerts for products being closely monitored
* Solicit feedback on recent meetings and any product discussions to increase understanding of client needs and preferences
* Provide competitive intelligence to various internal business partners
* Support Product Managers, Investment analysts, and Client Portfolio Managers in identifying and tracking key competitors and uncovering potential takeover opportunities
* Assist Invesco’s US product development efforts by providing research on peer group construction, historical performance, and pricing-related information
* Support Invesco’s strategic planning efforts by producing analysis on overall competitive position and strengths/weaknesses of specific products
* Work with the Invesco Solutions team on product-related projects as required
* Proficient use of third-party databases and research tools
* Understand the full functionality of available research tools covering mutual funds, exchange-traded funds (ETFs), managed accounts, and other retail vehicles
* Examples of competitor databases and tools include Lipper LANA, Morningstar Direct, Zephyr StyleADVISOR, Strategic Insight, and eVestment Alliance
* Utilize expertise on third-party databases for ongoing and ad hoc competitor and market research, pairing the right tool(s) with each request
* Maintain production of selected recurring reports
* Generate monthly and quarterly reporting packages related to health assessments and monitoring of home office platforms
* Constantly look for opportunities to enhance content and efficiency of report production
* Perform quality control checks as required for various reporting components
* Coordinate with other internal teams such as Global Performance Measurement and Risk as needed
* Participate on special projects as needed
* Assume a leading or supporting role in various complex projects revolving around home office client engagement
* Qualifications

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How To Become A Senior Product Analyst

Most market research analysts need at least a bachelor’s degree. Top research positions may require a master’s degree. Strong math and analytical skills are essential. 

Education

Market research analysts typically need a bachelor’s degree in market research or a related field. Many have degrees in fields such as statistics, math, and computer science. Others have backgrounds in business administration, the social sciences, or communications.

Courses in statistics, research methods, and marketing are essential for these workers. Courses in communications and social sciences, such as economics or consumer behavior, are also important.

Some market research analyst jobs require a master’s degree. Several schools offer graduate programs in marketing research, but many analysts complete degrees in other fields, such as statistics and marketing, and/or earn a master’s degree in business administration (MBA). A master’s degree is often required for leadership positions or positions that perform more technical research. 

Licenses, Certifications, and Registrations

Certification is voluntary, but analysts may pursue certification to demonstrate a level of professional competency. The Marketing Research Association offers the Professional Researcher Certification (PRC) for market research analysts. Candidates qualify based on experience and knowledge; they must pass an exam, be a member of a professional organization, and have at least 3 years working in opinion and marketing research. Individuals must complete 20 hours of industry-related continuing education courses every 2 years to renew their certification.

Important Qualities

Analytical skills. Market research analysts must be able to understand large amounts of data and information. 

Communication skills. Market research analysts need strong communication skills when gathering information, interpreting data, and presenting results to clients. 

Critical-thinking skills. To determine what marketing strategy would work best for a company, market research analysts must assess all available information.

Detail oriented. Market research analysts must be detail oriented because they often do precise data analysis.

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Senior Product Analyst jobs

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Senior Product Analyst Demographics

Gender

  • Female

    49.5%
  • Male

    47.3%
  • Unknown

    3.2%

Ethnicity

  • White

    72.4%
  • Asian

    15.9%
  • Hispanic or Latino

    8.8%
  • Unknown

    2.0%
  • Black or African American

    0.9%
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Languages Spoken

  • French

    31.6%
  • Spanish

    26.3%
  • Russian

    10.5%
  • Chinese

    5.3%
  • Japanese

    5.3%
  • Mandarin

    5.3%
  • Carrier

    5.3%
  • Urdu

    5.3%
  • Arabic

    5.3%
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Senior Product Analyst

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Senior Product Analyst Education

Senior Product Analyst

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Real Senior Product Analyst Salaries

Job Title Company Location Start Date Salary
Senior Product Analyst (Vice President) Jpmorgan Chase & Co. New York, NY Oct 02, 2015 $145,000
Senior Product Analyst (Vice President) JP Morgan Chase & Co New York, NY May 02, 2016 $142,792
Sr.Manager, Product Analyst Audible Inc. Newark, NJ Sep 09, 2016 $135,000
Senior Product Analyst Agiliance, Inc. Sunnyvale, CA Sep 18, 2014 $132,000 -
$140,000
Senior Product Analyst Zynga Inc. Carlsbad, CA Jan 21, 2015 $125,000
Senior Marketing/Product Analyst Shoprunner Inc. San Mateo, CA Jun 27, 2016 $123,594 -
$130,000
Senior Product & Delivery Analyst McKinsey & Company, Inc. United States Denton, TX Nov 15, 2015 $122,695
Senior Product & Delivery Analyst McKinsey & Company, Inc. United States Washington, DC Apr 11, 2015 $120,399
SR. Product Analyst Visa U.S.A. Inc. Foster City, CA Sep 09, 2016 $120,060 -
$134,722
SR. Product Analyst (Payment Technology Engineer) Visa U.S.A. Inc. Foster City, CA Aug 18, 2016 $120,060 -
$134,722
Senior Product Analyst Visa U.S.A. Inc. Foster City, CA Dec 10, 2015 $118,061 -
$169,900
Senior Regulatory and Product Safety Analyst Amway Global Services Inc. New York, NY Nov 01, 2016 $113,575
Senior Product Analyst Stubhub, Inc. San Francisco, CA Jul 29, 2016 $113,027
Senior Product Analyst Yusen Logistics (Americas) Inc. Secaucus, NJ Mar 16, 2015 $100,000
SR. Product Analyst Edifecs, Inc. Bellevue, WA Dec 01, 2014 $100,000
SR. Product Analyst Edifecs, Inc. Bellevue, WA Jul 30, 2016 $100,000
Senior Product Analyst Hcentive, Inc. Reston, VA Apr 01, 2014 $100,000
Senior Product Documentation Analyst Volvo Group North America, LLC Greensboro, NC Jun 07, 2016 $96,762
Senior Product Analyst (Assistant Director) Moody's Analytics San Francisco, CA Jun 03, 2013 $96,678 -
$145,600
Associate Director, SR. Product Analyst Moody's Analytics San Francisco, CA Sep 28, 2015 $96,387 -
$120,000
Senior Product Analyst Inovalon, Inc. Bowie, MD Aug 27, 2015 $87,194 -
$97,194
SR. Product Assurance Analyst Automobile Club of Southern California Coppell, TX Sep 15, 2016 $86,000 -
$96,000
SR. Product Assurance Analyst Automobile Club of Southern California Coppell, TX Oct 24, 2016 $86,000 -
$96,000
Senior Product Analyst Deloitte Touche Tohmatsu Services Inc. Glenolden, PA Sep 09, 2011 $85,800
Senior Product Analyst TWC Administration LLC Charlotte, NC Sep 26, 2015 $85,000 -
$95,000
Senior Digital TV Product Analyst SONY Pictures Television Inc. Culver City, CA Sep 10, 2015 $85,000 -
$115,000
Senior Product Analyst Bluebeam Software, Inc. Pasadena, CA Apr 01, 2013 $85,000

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Top Skills for A Senior Product Analyst

FinancialProductDevelopmentRegulatoryBusinessRequirementsSQLWebQAProductManagementBusinessProcessesProductLineProjectManagementUserStoriesMarketResearchBusinessUnitsProductEnhancementsScrumTestPlansWindowsROICustomerService

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Top Senior Product Analyst Skills

  1. Financial
  2. Product Development
  3. Regulatory
You can check out examples of real life uses of top skills on resumes here:
  • Created, managed and updated Stored Procedures for maintaining systems for recording business and financial data.
  • Established cross-country and international product development, production, and distribution, reducing redundancy in required resources.
  • Conducted competitor studies in conjunction with actuarial indications, claims trends, underwriting initiatives, regulatory and legal environments.
  • Analyzed and documented the business requirements and processes and communicated these requirements via the necessary tools/templates to the appropriate team members.
  • Used Access and SQL for a CW project looking for the number of High Value Homes in a county and state.

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Career Advice on becoming a Senior Technical Manager by Natasha H (Full Version)

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