Salary for Entry-level / Junior Insight Analyst in United Kingdom during 2024

Salary details

The average entry-level / junior Insight Analyst salary lies between USD 47,756 and USD 62,500 in the United Kingdom. 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 Entry-level / Junior Insight Analyst roles

The three most common job tag items assiciated with entry-level / junior Insight Analyst job listings are SQL, Excel and Research. 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 | 70 jobs Excel | 66 jobs Research | 49 jobs Statistics | 46 jobs Data analysis | 46 jobs Power BI | 45 jobs Python | 40 jobs Tableau | 35 jobs Testing | 25 jobs Market research | 25 jobs Finance | 21 jobs R | 20 jobs Agile | 19 jobs Economics | 17 jobs Data Analytics | 17 jobs Data visualization | 17 jobs CX | 16 jobs Engineering | 14 jobs Mathematics | 14 jobs Big Data | 13 jobs

Top 20 Job Perks/Benefits for Entry-level / Junior Insight Analyst roles

The three most common job benefits and perks assiciated with entry-level / junior Insight Analyst job listings are Career development, Flex hours and Health care. 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 | 84 jobs Flex hours | 57 jobs Health care | 39 jobs Team events | 37 jobs Salary bonus | 34 jobs Startup environment | 32 jobs Competitive pay | 29 jobs Insurance | 22 jobs Parental leave | 19 jobs Flex vacation | 17 jobs Medical leave | 16 jobs Equity / stock options | 15 jobs Wellness | 6 jobs Fitness / gym | 6 jobs Snacks / Drinks | 4 jobs Travel | 3 jobs 401(k) matching | 2 jobs Relocation support | 2 jobs Fertility benefits | 2 jobs Transparency | 1 jobs

Salary Composition

In the United Kingdom, the salary for an entry-level or junior insight analyst in AI/ML/Data Science typically consists of a fixed base salary, which forms the majority of the compensation package. The base salary is often complemented by a performance-based bonus, which can vary significantly depending on the company’s size, industry, and location. For instance, larger tech companies or those in the financial sector might offer more substantial bonuses compared to smaller firms or those in non-tech industries. Additionally, some companies may provide stock options or equity, especially in startups or tech firms, as part of the remuneration package. Benefits such as health insurance, pension contributions, and other perks like gym memberships or travel allowances can also be part of the overall compensation.

Steps to Increase Salary

To increase your salary from an entry-level position, consider the following strategies:

• Skill Enhancement: Continuously upgrade your technical skills, particularly in programming languages like Python or R, and tools like SQL, TensorFlow, or Tableau. Mastering these can make you more valuable to employers.
• Advanced Education: Pursuing further education, such as a master's degree in data science, AI, or a related field, can open up higher-paying opportunities.
• Specialization: Developing expertise in a niche area within AI/ML, such as natural language processing or computer vision, can make you stand out.
• Networking: Building a strong professional network can lead to new job opportunities and insights into higher-paying roles.
• Performance and Negotiation: Consistently performing well and demonstrating your impact on the company can provide leverage during salary negotiations.

Educational Requirements

Most entry-level insight analyst positions require at least a bachelor's degree in a relevant field such as computer science, data science, statistics, mathematics, or engineering. Some employers may also consider candidates with degrees in economics or business if they have strong analytical skills and relevant experience. A solid foundation in mathematics and statistics is crucial, as these are the backbone of data analysis and machine learning.

Helpful Certificates

While not always mandatory, certain certifications can enhance your resume and demonstrate your commitment to the field. Some valuable certifications include:

• Google Data Analytics Professional Certificate
• IBM Data Science Professional Certificate
• Microsoft Certified: Azure Data Scientist Associate
• AWS Certified Machine Learning – Specialty
• Certified Analytics Professional (CAP)

These certifications can provide you with a structured learning path and validate your skills to potential employers.

Required Experience

For entry-level positions, employers typically look for candidates with some practical experience, which can be gained through internships, co-op programs, or relevant projects during your studies. Experience with data analysis, machine learning models, and data visualization tools is often expected. Demonstrating your ability to work with real-world data sets and solve business problems can be a significant advantage.

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