Rate analysts review an organization’s expenses and charges and compare them to market trends to determine a service rate that is both fair to customers and profitable for the company. You find rate analysts in many different industries, such as insurance and transportation. But you most commonly find rate analysts who work for utility companies. When working with utilities, you must follow the rate guidelines set by the Federal Energy Regulatory Commission. The qualifications to become a rate analysis include a bachelor’s degree in business, management, or a related field, and several years of industry experience.