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Analyst Job Description: Top Duties and Qualifications

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An Analyst, or Data Analyst, is responsible for collecting, analysing and interpreting data, information and statistics. Their primary duties include collecting statistical or numerical figures, compiling reports for company’s management and identifying trends in the data.

Analyst duties and responsibilities

An Analyst is primarily responsible for identifying trends that allows a business to improve its processes. Other duties and responsibilities of an Analyst include:

  • Developing and maintaining data collection procedures
  • Developing data protection and collection policies
  • Analysing complex data using software such as Excel or Microsoft Access
  • Determining trends or changes in the data
  • Producing accurate forecasts based on previous data samples
  • Producing detailed reports that can also be readily understood
  • Recommending areas for change or improvement, based on inferences made from the data
  • Keeping up to date on industry-wide, national and international data trends related to the business

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Analyst Job Description Examples:

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Indeed’s Employer Resource Library helps businesses grow and manage their workforce. With over 15,000 articles in 6 languages, we offer tactical advice, how-tos and best practices to help businesses hire and retain great employees.

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What does an Analyst do?

Analysts conduct research and collect data in order to identify areas within a business that can be improved. They run tests or surveys that provide relevant data for statistical analysis. They also compile large quantities of data, often from across different parts of the business. This can include sales figures, employment numbers or customer demographics.

An Analyst needs to assess the information in order to identify statistical trends. For example, they might analyse sales figures and establish that the majority of sales are made in London, but that sales are also rising in Cardiff. Analysts often prepare reports or presentations with the information allowing management to make informed business decisions.

Analyst skills and qualifications

A successful Analyst will have various prerequisite skills and qualifications that typically include:

  • Excellent communication and interpretation skills
  • Excellent numerical and analytical skills
  • Knowledge of advanced statistical models, graphs and databases
  • Excellent knowledge of the business and industry they are providing analysis for
  • Proficiency in computer programs and data analysis tools
  • Ability to distinguish between reliable and unreliable data
  • Excellent attention to detail
  • Understanding of data protection laws and policies

Analyst experience requirements

An Analyst needs extensive experience working with data analysis tools. As a minimum, they need a high level of proficiency using spreadsheets and creating graphs from databases, but they might also be required to have an experience working with more complex methodologies and advanced data collection methods such as Rapid Miner or SAS.

Mathematical or statistical experience is essential, even for entry-level candidates. Work experience gained through an internship is useful. Experience gained from volunteering for local communities with statistical analysis needs is also helpful. Volunteer programmes are usually run by the Royal Statistical Society.

Analyst education and training requirements

Analysts usually require a bachelor’s degree in computer science, economics, business administration, maths or another relevant field. Having a degree that is related to the field of the job for which they applying for is advantageous. Some employers require prospective Analysts to complete internships or on-the-job training to make sure they learn the complexities of the company’s business. Other employers require Analysts to have industry-recognised certifications to prove their knowledge and help advance their career.

Analyst salary expectations

According to Indeed Salaries, the average salary of an Analyst in the UK is £34,063 per year. This figure varies depending on several factors, including the company, experience and geographical location.

Job description samples for similar positions

If Analyst isn’t the exact job you are searching for, then other job description samples for similar positions are available too:

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Analyst job description FAQs

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