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Entry Level Forecasting Analyst information

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$14

$28

$56

How much do entry level forecasting analyst jobs pay per hour?

As of Jun 18, 2026, the average hourly pay for entry level forecasting analyst in Riverside, CA is $28.97, according to ZipRecruiter salary data. Most workers in this role earn between $20.05 and $31.35 per hour, depending on experience, location, and employer.

What are some common challenges faced by entry level forecasting analysts, and how can new hires overcome them?

Entry level forecasting analysts often face challenges such as interpreting large datasets, understanding various forecasting models, and communicating complex findings to non-technical stakeholders. New hires can overcome these obstacles by actively seeking mentorship from experienced colleagues, participating in training sessions, and leveraging analytical tools to streamline their workflow. Building strong collaboration with team members in finance, operations, and sales also helps ensure forecasts are accurate and actionable.

What are the key skills and qualifications needed to thrive as an Entry Level Forecasting Analyst, and why are they important?

To thrive as an Entry Level Forecasting Analyst, you need strong analytical skills, a solid understanding of statistics, and a bachelor's degree in a quantitative field such as mathematics, economics, or data science. Familiarity with forecasting software, Excel, and data visualization tools like Tableau or Power BI is typically required. Attention to detail, critical thinking, and effective communication are crucial soft skills for interpreting data and sharing insights with stakeholders. These skills and qualities are important because they enable accurate predictions, informed decision-making, and clear communication of complex data findings.

What does an Entry Level Forecasting Analyst do?

An Entry Level Forecasting Analyst is responsible for analyzing data to predict future trends, such as sales, demand, or financial outcomes, to help organizations make informed business decisions. They use statistical models, data analysis tools, and historical information to develop accurate forecasts. These analysts often work closely with other departments to gather data, interpret results, and present findings in clear reports or presentations. This role typically serves as a starting point for a career in data analysis, business intelligence, or supply chain management.

What is the difference between Entry Level Forecasting Analyst vs Data Analyst?

AspectEntry Level Forecasting AnalystData Analyst
Required CredentialsBachelor's in Economics, Finance, or related field; basic Excel and statistical skillsBachelor's in Statistics, Mathematics, or related field; proficiency in Excel, SQL, and data visualization tools
Work EnvironmentFinancial, retail, or manufacturing sectors focusing on sales, demand, or financial forecastingVarious industries including healthcare, marketing, finance, analyzing data trends and insights
Employer & Industry UsageUsed by companies needing demand predictions and financial planningUsed across industries for data analysis, reporting, and decision support

While both roles involve data analysis skills, the Entry Level Forecasting Analyst primarily focuses on predicting future trends using statistical models, often within finance or retail sectors. In contrast, Data Analysts handle broader data interpretation and reporting across various industries. The roles share foundational skills but differ in their specific focus and application.

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What cities near Riverside, CA are hiring for Entry Level Forecasting Analyst jobs? Cities near Riverside, CA with the most Entry Level Forecasting Analyst job openings:
Entry Level Forecasting Analyst jobs near you

FP&A Analyst

Aspire General Insurance Company

Rancho Cucamonga, CA • On-site

$80K - $95K/yr

Full-time

Posted 25 days ago

Job description

Description:

Aspire General Insurance Company and its affiliated general agent, Aspire General Insurance Services, are on a mission to deliver affordable specialty auto coverage to drivers without compromising outstanding service.

Our company values can best be described with ABLE: to always do the right thing, be yourself, learn and evolve, and execute. Join our team where every individual takes pride in driving their role for shared success.


As a Financial Analyst reporting to the FP&A Manager, you will play a key role in supporting financial planning, forecasting, and performance analysis across the organization. This is a hands-on, analytically rigorous position offering exposure to core financial processes, senior stakeholders, and cross-functional partners.

You will contribute to budgeting and forecasting cycles, develop and maintain financial models, and translate accounting and operational data into clear, actionable insights. Success in this role requires strong analytical skills, intellectual curiosity, attention to detail, and a willingness to take ownership in a fast-paced environment.


Responsibilities

· Analyze historical and current financial data to assess performance and understand key business drivers

· Monitor actual results against budget and forecast, identifying and explaining key variances and trends

· Support monthly and quarterly forecasting processes, including data collection, validation, and consolidation

· Build, maintain, and enhance financial models to support forecasting and business decision-making

· Prepare recurring and ad hoc financial reports and presentations for management review

· Assist in the development, tracking, and analysis of key performance indicators (KPIs) and benchmarks

· Analyze financial and operational processes to identify risks, trends, and opportunities for improvement

· Support operating and capital expenditure tracking and related financial reporting

· Work with financial systems, databases, and data warehouses to extract, validate, and transform data

· Partner with senior FP&A team members and cross-functional stakeholders to support planning and analysis initiatives

· Contribute to the continuous improvement and automation of financial reporting and planning tools

Requirements:

Skills & Qualifications

· Bachelor’s degree in Finance, Accounting, Economics, Statistics, or a related field

· Progress toward CFA, CPA, or an advanced degree preferred

· 1-3 years of financial analysis experience preferred; strong entry-level candidates will be considered

· Property & casualty insurance experience a plus

· Strong understanding of Generally Accepted Accounting Principles (GAAP) and Statutory Accounting Principles (STAT)

· Demonstrated ability to analyze and interpret financial statements and key performance drivers

· Experience supporting budgeting, forecasting, and variance analysis activities

· Advanced proficiency in Excel and PowerPoint, including financial modeling and presentation development

· Ability to work with large datasets and perform detailed analytical reviews

· Familiarity with financial systems and planning tools; Workday and Adaptive Planning experience preferred

· Detail-oriented, dependable, and proactive in identifying issues and recommending solutions

· Strong written and verbal communication skills, with the ability to clearly explain analyses and results

· Strong organizational skills and ability to manage multiple priorities and deadlines in a fast-paced environment

· Experience supporting state expansion or regulatory-driven initiatives in the property & casualty insurance industry preferred


Individuals seeking employment at Aspire General Insurance Services LLC are considered without regards to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, gender identity, or sexual orientation in accordance with federal and state Equal Employment Opportunity/Affirmative Action record keeping, reporting, and other legal requirements.


*Dependent on plan selected