Business Analytics and Insights Director Salary in Maryland

The Business Analytics and Insights Director utilizes KPIs, business performance data, industry trends, competitor intelligence, and customer information to develop analytical tools, reports, and models across the organization to inform and support decision-making. Leads and oversees the business analytics function to provide data-driven insights related to business performance used to advise and develop strategies for operational improvements and future business initiatives. Being a Business Analytics and Insights Director develops standards and collection processes to support robust analytics and reporting data pipelines. Consults with stakeholders to understand the business model, objectives, issues, and challenges that analytics can support. In addition, Business Analytics and Insights Director builds teams with statistical methods, modeling, analytical methodologies, and data analysis skills to support the business. Typically requires a master's degree in finance, statistics or a quantitative field. Typically reports to top management. The Business Analytics and Insights Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Working as a Business Analytics and Insights Director typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. (Copyright 2024 Salary.com)

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