Research Analyst Duties & Responsibilities

The role and function of a Research Analyst includes the following duties and responsibilities:

  • Analyzing past operations' results and performing variance analyses.
  • Identifying and analyzing trends and forecasts and recommending improvements to the business processes.
  • Researching market trends, conducting surveys, analyzing data from competitors, and analyzing the business's operations, expenditures, and customer retention to identify patterns of potential issues or improvements.
  • Providing recommendations to improve future business operations.
  • Organizing and storing data for future research projects.
  • Testing processes, policies, and protocols for efficiency and improvements.
  • Using data analysis and interpretations to guide the decision making of the business.
  • Using operations' data to develop pricing models and identify areas for improvement.
  • Using statistical, economic, and data modeling techniques and tools.
  • Organizing and analyzing data, creating charts and graphs, and presenting your findings to the leadership team.

Note that this is not an exhaustive list of Research Analyst duties and responsibilities. Job functions for specific Research Analyst roles may vary, depending on the industry and type of employer.