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Factor Analysis Jobs (NOW HIRING)

Tristar Insurance

Advanced mathematical and statistical techniques such as calculus, factor analysis, and probability determination. Highly complex mathematical and statistical techniques such as calculus, factor ...

Tristar Insurance

Advanced mathematical and statistical techniques such as calculus, factor analysis, and probability determination. Highly complex mathematical and statistical techniques such as calculus, factor ...

Tristar Insurance

Advanced mathematical and statistical techniques such as calculus, factor analysis, and probability determination. Highly complex mathematical and statistical techniques such as calculus, factor ...

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All JobsFactor Analysis Jobs

Factor Analysis information

What is a factor job?

A factor analysis job involves applying statistical techniques to identify underlying variables, or factors, that explain patterns in data. Professionals in this role often work with data analysis software like SPSS or R and require strong analytical skills to interpret complex datasets for research or business insights.

What is factor analysis?

Factor analysis is a statistical technique used to identify underlying patterns or factors within a set of observed variables. It helps researchers reduce data complexity by grouping related variables together, making it easier to interpret large datasets. This method is commonly used in psychology, social sciences, and market research to uncover latent constructs or dimensions that explain correlations among observed measures. Factor analysis can guide the creation of questionnaires, scales, or help in data reduction for further analysis.

What are some common challenges faced by professionals conducting factor analysis, and how can they be addressed?

Professionals performing factor analysis often encounter challenges such as determining the appropriate number of factors to retain and ensuring the quality of data (e.g., sample size and variable selection). Another common issue is interpreting complex factor loadings, which can make it difficult to assign meaningful labels to identified factors. These challenges can be addressed by following best practices such as conducting parallel analysis, using scree plots, ensuring adequate sample sizes, and consulting with subject matter experts to interpret results accurately.

What to do in factor analysis?

Factor analysis is a statistical method used by data analysts and researchers to identify underlying variables or factors that explain the patterns in large datasets. The process involves selecting appropriate data, checking assumptions, extracting factors using techniques like principal component analysis, and interpreting the results to inform decision-making or further analysis. Proficiency with statistical software such as SPSS, R, or SAS is often required.

What is the difference between Factor Analysis vs Data Analyst?

AspectFactor AnalysisData Analyst
Primary RoleStatistical technique to identify underlying variablesInterpreting data to provide insights and support decision-making
Required SkillsStatistics, mathematics, data modelingData manipulation, visualization, statistical analysis
Work EnvironmentResearch, academia, data science projectsBusiness, finance, marketing, healthcare
Common CertificationsStatistics, data science certificationsData analysis, business intelligence certifications

Factor Analysis is a statistical method used to reduce data dimensions and identify latent variables, often used in research. Data Analysts interpret data to generate actionable insights across various industries. While Factor Analysis is a specialized technique within data analysis, Data Analysts perform broader tasks involving data collection, cleaning, and reporting.

What is the highest paying job in data analytics?

In data analytics, senior roles such as Data Science Manager, Director of Data Analytics, or Chief Data Officer typically have the highest salaries, often exceeding six figures annually. These positions require advanced skills in statistical analysis, machine learning, and leadership, along with experience in tools like Python, R, and SQL.

What exactly is factor analysis?

Factor analysis is a statistical method used to identify underlying variables, called factors, that explain the patterns of correlations among observed data. In a job context, professionals use it to reduce data complexity, interpret large datasets, and support decision-making, often utilizing software like SPSS or R. It requires strong analytical skills and understanding of statistical concepts.

What are the key skills and qualifications needed to thrive as a Factor Analyst, and why are they important?

To thrive as a Factor Analyst, you need a strong background in statistics, mathematics, and data analysis, typically supported by a degree in statistics, psychology, or a related field. Familiarity with statistical software such as SPSS, R, or SAS and an understanding of psychometric or quantitative research methods are essential. Attention to detail, problem-solving abilities, and effective communication are key soft skills for interpreting complex data and presenting findings clearly. These skills ensure accurate analysis, meaningful insights, and effective collaboration with research or business teams.
What cities are hiring for Factor Analysis jobs? Cities with the most Factor Analysis job openings:
What states have the most Factor Analysis jobs? States with the most job openings for Factor Analysis jobs include:
What job categories do people searching Factor Analysis jobs look for? The top searched job categories for Factor Analysis jobs are:
Factor Analysis jobs near you
Infographic showing various Factor Analysis job openings in the United States as of July 2026, with employment types broken down into 87% Full Time, 11% Part Time, and 2% Contract. Highlights an 83% Physical, 3% Hybrid, and 14% Remote job distribution.
Electrical Engineer - Power Studies

Electrical Engineer - Power Studies

Shermco Industries, Inc.

Wyomissing, PA

$80K - $120K/yr

Full-time

Re-posted 27 days ago

Job description

Shermco Industries is seeking an Electrical Engineer for our Reading, PA office. 


  • Provide engineering related design, analysis and studies for domestic or international projects.
  • Conduct short-circuit, protective device coordination and arc-flash studies.
  • Perform power factor analysis and correction, harmonic modeling and analysis, and grounding analysis.
  • Occasionally interact with customers to gather critical information and review engineering plans.
  • Occasionally work in the field under the direction of Field Services team on shut-down, startup and maintenance projects.

  • Bachelor's Degree in Electrical Engineering preferred, but at least 2 years relevant experience would be accepted.
  • Experience in short-circuit, protective device coordination, arc-flash and power quality studies PREFFERED.
  • Must have experience using SKM, ETAP, ASPEN, EZPower, or other power system modeling software.
  • Must have knowledge of low, medium and high-voltage up to 500 kV.
  • Must be able to clearly communicate in English via verbal and written methods and be comfortable doing so directly to customers and co-workers.
  • Field experience with substations or switchgear highly desirable.
  • Utility design experience a plus.
  • Availability for occasional domestic and international travel a plus.

EQUAL OPPORTUNITY EMPLOYER | DRUG-FREE WORKPLACE

Shermco is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or veteran status.  Shermco is a drug-free workplace.

NO AGENCIES PLEASE


USD $80,000.00 - USD $120,000.00 /Yr.

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