Director of Analytics Salary
Job Description for Director of Analytics
Directors of analytics supervise a team that provides analytical expertise for their organization. They are in charge of coordinating efforts and provide coaching to staff members in their department. Directors of analytics spend a large portion of their time performing statistical analysis based on market knowledge and research expertise. They identify patterns based on aggregate data to find risks or opportunities, as well as make performance change recommendations. Directors of analytics create forecasts using analytical information and results, compare sets of data to optimize resource allocation, and support business development through their use of complex data. These directors must follow company procedures to reach all established goals.Read More...
Directors of analytics ensure the quality and integrity of market research using standard industry techniques. They manage a group of trained employees that analyze large amounts of information; their team collaborate with other groups in their organization to share important information and increase company awareness of relevant data. Directors of analytics use a personal computer as one of their main tools, and they must be proficient with analytical software. They must also be familiar with word processing and spreadsheet programs to record their findings and create extensive documentation. Directors of analytics must also actively participate in training sessions and respond to employee inquiries in a timely manner.
A bachelor's or masters degree in mathematics, statistics, operations research, or a similar field is necessary for this position. In addition, experience in a managerial capacity is required for this job. Directors of analytics must also have advanced analytical skills to help tackle organizational obstacles. They must also be highly organized professionals that pay strong attention to detail in their daily tasks.
Director of Analytics Tasks
- Manage a team of analysts, assigning schedules, and projects.
- Develop, implement, and disseminate metrics about quality, performance and outcomes.
- Collaborate with executives and other departments to identify and meet information needs.
- Analyze and validate findings, creating reports, presentations, and visualizations.
Director of Analytics Job Listings
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Popular Skills for Director of Analytics
Survey respondents exploit a significant toolbox of skills in their work. Most notably, skills in Machine Learning, People Management, Big Data Analytics, and SAS are correlated to pay that is above average, with boosts between 10 percent and 14 percent. Skills that seem to negatively impact pay include Tableau Software, Microsoft Excel, and Project Management. For most people, competency in Data Analysis indicates knowledge of Microsoft Excel and SQL.
Pay by Experience Level for Director of Analytics
Median of all compensation (including tips, bonus, and overtime) by years of experience.
For many Directors of Analytics, experience and pay levels seem to be correlated; more years in the business generally lead to more money. Respondents with less than five years' experience take home $98K on average. In contrast, those who have been around for five to 10 years earn a noticeably higher average of $129K. Directors of Analytics claiming one to two decades of experience make an estimated median of $142K. Directors of Analytics with more than 20 years of experience report incomes that are only modestly higher; the median for these old hands hovers around $157K.
Pay Difference by Location
Home to some of the best pay for Directors of Analytics, San Francisco offers exceptional salaries, 21 percent above the national average. Directors of Analytics can also look forward to large paychecks in cities like Minneapolis (+19 percent), Seattle (+15 percent), Austin (+12 percent), and New York (+9 percent). The lowest-paying market is Washington, which sits 15 percent below the national average. Below-median salaries also turn up in Philadelphia and Atlanta (10 percent lower and 9 percent lower, respectively).
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Key Stats for Director of Analytics
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