Operations research analysts are responsible for applying mathematical and analytical methods to help companies solve complex problems. In this blog we have provided some of the top Operations Research Analyst Job Description examples which will help you succeed in your career.
Their ultimate goal is to improve company efficiency and effectiveness. In order to do this, they must understand the company’s goals, objectives, and constraints. They use various tools and techniques, such as mathematical modeling, to analyze data and develop recommendations.
Operations Research Analyst Job Description Responsibilities, Roles, Duties, And Salary:
Operations research analysts typically have a bachelor’s degree in operations research, mathematics, statistics, computer science, or engineering. Many also have a master’s degree or doctorate. Employers usually require at least 2 years of experience in a related occupation for entry-level positions.
Operations research analysts typically do the following:
- Identify trends and patterns in data sets
- Build mathematical models to simulate real-world scenarios
- Use computer simulations to test the model’s accuracy
- Recommend changes to policies and procedures based on their findings
- Prepare reports and presentations for management
- Some operations research analysts work on teams with other analysts or with engineers, scientists, and managers. Others work independently.
Operations research analysts held about 26,600 jobs in 2019. The median annual wage for operations research analysts was $84,810 in May 2019. Employment of operations research analysts is projected to grow 27 percent from 2019 to 2029, much faster than the average for all occupations. Job prospects should be best for those who have a master’s degree or higher and strong analytical skills.
Operations Research Analyst Job Description
Our organization is a large global provider of data and analytics solutions. We have a strong reputation in their field, and our products are used by some of the largest companies in the world. Due to continued success and growth, we are now looking for an Operations Research Analyst to join our team.
Job Description:
- The Operations Research Analyst will be responsible for developing and applying mathematical modelling techniques to solve optimisation problems arising from various business functions including but not limited to logistics, finance and marketing.
- You will work closely with numerous stakeholders across the business in order to understand their specific needs and requirements, before devising suitable solutions.
- Once a solution has been devised, you will be responsible for implementing it within the relevant business area/s, as well as monitoring its performance over time to ensure that it continues to meet the needs of the organization.
- In addition to this, you will also be required to carry out statistical analysis on data sets in order to identify trends and relationships which can be exploited by the organization.
The Successful Applicant:
- To be considered for this role you must have previous experience working as an operations research analyst or similar role within a mathematics or computer science department of a large organization.
- You should also possess excellent problem solving skills along with strong analytical abilities.
- Furthermore, you must be able demonstrate your ability to effectively communicate complex technical information to non-technical staff members.
Offer Details:
- Salary – £50k – £60k per annum + benefits
Operations research analyst Job description & skills
This role is for our major tech company. We are looking for an operations research analyst to join our team. Our company is a global leader in technology and provides innovative products and services to customers in more than 100 countries.
Job Description:
- Serve as the primary point of contact for clients and internal team members on matters related to operations research analysis
- Conduct operations research analyses using mathematical modeling and optimization techniques to identify efficient solutions to complex problems
- Develop customized operations research models based on client specifications and business needs
- Utilize statistical methods to develop, validate, and interpret results from data sets related to operations research projects
- Prepare detailed reports outlining findings from operations research analyses and present results to clients or senior management
- Collaborate with other analysts or engineers on multidisciplinary teams to provide input on design, development, or implementation of projects requiring operations research expertise
- Stay up-to-date on advances in operations research methodology and technology developments through literature review, attending conferences, or completing continuing education courses/programs.
The Successful Applicant will have:
- A minimum of three years’ experience conducting Operations Research Analyses OR a Master’s degree in Operations Research, Mathematics, Industrial Engineering, Physics, Statistics, or a related quantitative discipline
- Strong knowledge of mathematical modeling software packages such as Excel Solver, CPLEX Optimization Studio, Gourbi Optimizer, MATLAB Optimization Toolbox OR R Statistical Software
- Proficiency in programming languages such as Java, Python OR R
- Excellent analytical skills with the ability to think critically and solve complex problems
- High attention to detail with excellent organizational skills
Offer Details:
- This position offers a competitive salary along with bonus potential and equity compensation.
- The company also offers comprehensive health coverage (medical/dental/vision), 401k matching program , unlimited PTO policy , commuter benefits , tuition reimbursement , paid parental leave , Employee Resource Groups (ERGs) .
Operations research job description
This role is with a major tech company. We are looking for an operations research to help with the development of our products
Job Description:
- Develop models and methods for optimization, queuing, and simulation.
- Analyze large data sets to identify trends and patterns.
- Design experiments and analyze results to validate models.
- Collaborate with software engineers to implement models in production systems.
- Communicate results of analyses to cross-functional teams.
- Monitor key metrics to identify opportunities for improvement.
The Successful Applicant:
- PhD or Master’s degree in Operations Research, Mathematics, Statistics, Engineering, or a related field
- 3+ years of experience in operations research job description
- Experience with optimization methods (linear programming, integer programming, nonlinear programming), queuing theory, or stochastic processes
- Strong analytical and problem solving skills
- Ability to communicate effectively with technical and nontechnical audiences
- Experience coding in Python or R
Offer Details:
- Full benefits package including competitive medical plan 401k + match
- Generous PTO policy
- Fully remote role
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Operations research analyst description
We are a market leader in operations research with a strong focus on the automotive industry. We are looking to add an experienced analyst to our team to help with their continued growth.
Job Description:
- Conduct research and analysis on assigned projects, which may include but is not limited to root cause analysis, process improvement, data mining and statistical analysis
- Assist in the development of project proposals and presentations for senior management
- Prepare reports documenting findings and recommendations from completed projects
- Stay up to date on current trends and best practices within the operations research field
The Successful Applicant:
- 4+ years of experience in an operations research role, ideally within the automotive industry
- Strong analytical and problem solving skills
- Experience with statistical software packages (SAS, R, etc.)
- Excellent communication and presentation skills
Offer Details:
- Competitive salary and benefits package
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Conclusion:
An operations research analyst is a important role in problem-solving for companies. They use data analysis and mathematical modeling to find solutions that can improve company efficiency. Most operations research analyst hold at least a bachelor’s degree in a related field along with 2 years of experience in a related occupation.
The median salary for an operations research analyst was $84,810 in May 2019 with job growth projected at 27% from 2019 to 2029. Those interested in becoming an operations research analyst should pursue a degree in operations research, mathematics, statistics, computer science, or engineering along with developing strong analytical skills.