Insight Analyst Salary in United States during 2024

Salary details

The average Insight Analyst salary lies between USD 70,000 and USD 96,000 in the United States. It represents the overall compensation/gross salary amount for the working year (before deductions like social security, taxes and other contributions), not including equity/stock options or similar benefits.

Region represents the primary country of residence of an employee during the year (or residence for tax purposes). All data shown are full-time equivalent (FTE) salaries. Part-time salary information has been extrapolated to its FTE value.

Last updated: Nov. 17, 2024

Top 20 Job Tags for Insight Analyst roles

The three most common job tag items assiciated with Insight Analyst job listings are SQL, Excel and Statistics. Below you find a list of the 20 most occuring job tags in 2024 and the number of open jobs that where associated with them during that period:

SQL | 147 jobs Excel | 134 jobs Statistics | 92 jobs Python | 87 jobs Research | 87 jobs Data analysis | 74 jobs Power BI | 73 jobs Tableau | 72 jobs Testing | 50 jobs R | 43 jobs E-commerce | 39 jobs Market research | 35 jobs Mathematics | 34 jobs Economics | 33 jobs Data Analytics | 33 jobs KPIs | 33 jobs Finance | 32 jobs Agile | 31 jobs Data visualization | 31 jobs Business Intelligence | 28 jobs

Top 20 Job Perks/Benefits for Insight Analyst roles

The three most common job benefits and perks assiciated with Insight Analyst job listings are Career development, Flex hours and Salary bonus. Below you find a list of the 20 most occuring job perks or benefits in 2024 and the number of open jobs that where offering them during that period:

Career development | 162 jobs Flex hours | 118 jobs Salary bonus | 76 jobs Health care | 73 jobs Team events | 60 jobs Startup environment | 58 jobs Medical leave | 57 jobs Competitive pay | 44 jobs Parental leave | 38 jobs Flex vacation | 37 jobs Insurance | 31 jobs Equity / stock options | 21 jobs Fitness / gym | 17 jobs Wellness | 10 jobs Relocation support | 9 jobs 401(k) matching | 7 jobs Travel | 7 jobs Conferences | 7 jobs Home office stipend | 6 jobs Snacks / Drinks | 5 jobs

Salary Composition for Insight Analyst Roles

The salary for an Insight Analyst in the United States typically comprises a base salary, performance bonuses, and additional remuneration such as stock options or benefits. The base salary is the fixed component and usually forms the majority of the total compensation package. Performance bonuses can vary significantly depending on the company's profitability and individual performance metrics. Additional remuneration might include stock options, especially in tech companies, or benefits like health insurance, retirement plans, and paid time off.

• Region: Salaries can vary by region, with higher compensation often found in tech hubs like San Francisco, New York, and Seattle due to the higher cost of living and demand for talent.
• Industry: Industries such as finance, technology, and healthcare tend to offer higher salaries compared to non-profit or educational sectors.
• Company Size: Larger companies often have more resources to offer competitive salaries and benefits, while startups might offer equity as part of the compensation package.

Steps to Increase Salary from an Insight Analyst Position

To increase your salary from an Insight Analyst position, consider the following strategies:

• Skill Enhancement: Continuously upgrade your skills in data analysis, machine learning, and data visualization tools. Proficiency in programming languages like Python or R can be particularly valuable.
• Advanced Education: Pursuing a master's degree or specialized certifications can make you more competitive for higher-paying roles.
• Networking: Build a strong professional network to learn about new opportunities and industry trends.
• Performance Excellence: Consistently exceed performance expectations to position yourself for promotions and salary increases.
• Negotiation Skills: Develop strong negotiation skills to effectively advocate for higher compensation during performance reviews or when switching jobs.

Educational Requirements for Insight Analyst Roles

Most Insight Analyst positions require at least a bachelor's degree in a relevant field such as data science, computer science, statistics, mathematics, or economics. A strong foundation in quantitative analysis and data interpretation is essential. Some employers may prefer candidates with a master's degree, especially for more senior roles or in highly competitive industries.

Helpful Certifications for Insight Analysts

While not always mandatory, certain certifications can enhance your qualifications and demonstrate your expertise to potential employers:

• Certified Analytics Professional (CAP): Validates your ability to transform data into valuable insights.
• Google Data Analytics Professional Certificate: Offers foundational skills in data analysis.
• Microsoft Certified: Azure Data Scientist Associate: Focuses on applying machine learning techniques on Azure.
• SAS Certified Data Scientist: Demonstrates proficiency in using SAS for data manipulation and analysis.

Experience Requirements for Insight Analyst Roles

Typically, employers look for candidates with 1-3 years of experience in data analysis or a related field. Experience with data visualization tools (e.g., Tableau, Power BI), statistical software (e.g., SAS, SPSS), and programming languages (e.g., Python, R) is often required. Internships, co-op programs, or relevant project work during your studies can also be valuable in meeting experience requirements.

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