A proposal analyst carries out tests to determine costs, risks, and benefits for proposed contracts, as well as calculations to determine pricing for various products. These analysts must make sure the proposals adhere to all laws, regulations, and company policies.
Creating reports is an important skill, as the results are often presented to higher management. The reports must document all sources that were used in the analyses, and multiple verifications of the analyses should be carried out. This position requires a dedicated, organized individual, and public speaking skills will also come in handy, as presentations may need to be made based on reports. Marketing may be part of the job, as well.
The proposal analyst will distribute requests for proposals and make sure these requests have been received by vendors. When proposals from outside parties are received, this analyst will carry out the required analyses; strong communication skills and confidence are required to work with outside parties.
Those in this position must be familiar with their company's products in order to answer any questions and carry out the job's multiple duties. Generally, a bachelor’s degree is necessary and experience in a similar position may also be required. This is usually an office job, though some travel may be required in order to meet with outside parties.
Proposal Analyst Tasks
Prepare professional, customized and client centered proposals.
Establish and maintain draft copies.
Complete questionnaires used to bid for new/renewal business.
Review all proposal inputs and outputs.