How much does a Product Development Analyst make? The average Product Development Analyst salary is $63,748 as of October 28, 2020, but the salary range typically falls between $58,110 and $70,097. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Salary range for a Product Development Analyst
$58,110 to $70,097
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What does a Product Development Analyst do?
Product Development Analyst
Provides relevant data to internal product processing, regulatory/legal departments and State Teams in response to DOI inquiries Updates internal documentation with respect to periodic data pulls in advance of State Team reviews.
March 10, 2020
Track product development progress in the department database, ensuring information is complete, up to date, and aligned to the required gates for the product development process.
April 22, 2020
Prepare and manage all aspects of the Form and Rule filings with state insurance department including recommendations for filing strategies and interrogatories.
April 28, 2020
Assist with preparing analyses and plans that support business plan reviews such as engineering resource capacity and planned versus actual budget performance.
May 01, 2020
Demonstrates in depth conceptual and practical knowledge in analyzing detailed cost breakdown, manufacturing processes, and able to read and interpret part prints including the understanding of manufacturability, function, and relationship of part features.
May 03, 2020
Participates in specialized training in areas such as actuarial concepts, underwriting principles, business management, leadership/soft skills, and technical/data analysis skills.
May 04, 2020
Support the development of new products including establishing the new product or services, marketing strategy and analysis, integration and set up of operational center including the training of key operational team members, developing and tracking progress reports, and conducting market research to strengthen the efficacy of the product.
May 11, 2020
Product Development Analyst Salary in Major Cities
This chart shows the salary comparison for Product Development Analyst between major cities. San Francisco City consistently ranks #1 as of October 28, 2020. Click on the chart to see the detail salary data for Product Development Analyst in each city.
Product Development Analyst Salary by State
- Alaska
- Alabama
- Arkansas
- Arizona
- California
- Colorado
- Connecticut
- District of Columbia
- Delaware
- Florida
- Georgia
- Hawaii
- Iowa
- Idaho
- Illinois
- Indiana
- Kansas
- Kentucky
- Louisiana
- Massachusetts
- Maryland
- Maine
- Michigan
- Minnesota
- Missouri
- Mississippi
- Montana
- North Carolina
- North Dakota
- Nebraska
- New Hampshire
- New Jersey
- New Mexico
- Nevada
- New York
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Virginia
- Vermont
- Washington
- Wisconsin
- West Virginia
- Wyoming
Product Development Analyst Salary by City
Click to see the salary for Product Development Analyst in these major U.S. cities.
| City Name | Average Salary |
|---|---|
| San Francisco, CA | $79,685 |
| Washington, DC | $70,964 |
| Miami, FL | $62,059 |
| Chicago, IL | $67,629 |
| Boston, MA | $71,824 |
| New York, NY | $76,688 |
| Dallas, TX | $63,333 |
If you'd like know Product Development Analyst Salary in other cities, then please select a city in
Average Salary Range for Product Development Analyst
Average Base Salary
Core compensation
58110
70097
Average Total Cash Compensation
Includes base and annual incentives
What is the average salary for Product Development Analyst in 2020?
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Product Development Analyst in the United States. The base salary for Product Development Analyst ranges from $58,110 to $70,097 with the average base salary of $63,748. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $58,308 to $70,374 with the average total cash compensation of $63,905.
View Average Salary for Product Development Analyst as table
| Average Salary | Average Salary Range | |
|---|---|---|
| Base Salary | $63,748 | $58,110 - $70,097 |
| Bonus | $157 | $198 - $277 |
| Total Pay | $63,905 | $58,308 - $70,374 |
* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.
* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.
Estimate Salary for Product Development Analyst online for free
Salary.com Estimate Salary Tool provides free, accurate and real-time salary for thousands of careers. Please enter the following pay factors for Product Development Analyst, to get a real-time salary target. If you want to get more detailed salary information, please view Professional Salary Report
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Comments about Product Development Analyst
What's the difference between Product Development and Product Development Analyst?
According to our latest salary estimation on October 28, 2020. The average salary of Product Development Analyst is $63,748, and the average salary of Product Development is $71,531. The average salary of Product Development is higher than Product Development Analyst. ( 2020-10-28 salary.com )
I am a Product Development Analyst, which location’s salary is higher, Barnstable, MA or New Britain, CT?
New Britain, CT typically sees higher pay than Barnstable, MA for Product Development Analyst. a Product Development Analyst Salary in New Britain, CT is $68,848 as of October 28, 2020; a Product Development Analyst Salary in Barnstable, MA is $67,223 as of October 28, 2020. ( 2020-10-28 salary.com )
Product Development Analyst Frequently Asked Questions
Why does the salary of a Product Development Analyst vary from city to city?
The cost of living is tied to salaries. If the expenses are higher in a particular city, then the wage level will be higher as well to afford the people can opportunity to live there. This is why you're always going to make more money in New York City for example, than in a small town. ( 2020-10-28 salary.com )
What are the Pay Factors for Product Development Analyst?
Salary ranges for a Product Development Analyst can vary widely, depending on the city and several other pay factors, including (but not limited to) education level, certifications, additional skills, and work experience. Click here to view Eight Factors That Can Affect Your Pay ( 2020-10-28 salary.com )
How the Pay Factors Influence Your Pay?
Salaries are ultimately dictated by the position being applied to, and hiring company, but there are several important pay factors that come into play based on your individual history that could impact your value to the company. Salary.com's Personal Salary Report will analyze these factors for you to help you maximize your earning potential. ( 2020-10-28 salary.com )
Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role
Last Update: October 28, 2020