Analytics and Insights Analyst Salary in Chicago, IL

Senior Analyst, Insights and Analytics - Average Salary $91,105

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Insights and Analytics Manager - Average Salary $144,887

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Head of Economic Analytics and Insights - Average Salary $325,490

The Head of Economic Analytics and Insights communicates the results of economic studies to the stakeholders and sets guidelines for corporate economic strategies. Provides economic data, prepares interpretative reports, and provides leadership for the company's use of economic data and adaptation of economic models. Being a Head of Economic Analytics and Insights typically requires a Ph.D. in a field of specialty and at least 15 years of experience. Understands the macro and micro economic environment and its impact on the industry. In addition, Head of Economic Analytics and Insights typically reports to top management. The Head of Economic Analytics and Insights manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. Comprehensive knowledge of the overall departmental function. Working as a Head of Economic Analytics and Insights typically requires 8+ years of managerial experience.

Business Analytics and Insights Director - Average Salary $223,300

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.

Business Analytics and Insights Manager - Average Salary $148,780

The Business Analytics and Insights Manager 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. Manages and oversees business analytics projects and processes 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 Manager 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 Manager builds teams with statistical methods, modeling, analytical methodologies, and data analysis skills to support the business. Requires a bachelor's degree in finance, statistics or a quantitative field. Typically reports to a head of a unit/department. The Business Analytics and Insights Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Working as a Business Analytics and Insights Manager typically requires 5 years experience in the related area as an individual contributor. 1-3 years supervisory experience may be required. Extensive knowledge of the function and department processes.