Provides full range of data analysis/business intelligence services, including but not limited to, pricing analyses, predictive analytics/modeling, risk modeling, and actuarial analysis.
Reports directly to Director, Product Management Solutions.
Leads and develops predictive analytics/modeling efforts, and use of associated predictive analytics/modeling programs.
Creates modeling design, coordinates data pulls, prepares/validates the data, performs the modeling and analysis, validates the model and analysis, communicates findings, and provides recommendations.
Provides any necessary predictive modeling support for regulatory filings.
Provides input to help design, monitor and improve data structures and data warehouses.
Provides input and recommendations on profitability issues.
Designs and performs various statistical/actuarial studies, as assigned by Director, Product Management Solutions.
Manages contacts with predictive analytics/modeling vendors, and monitors competitor’s rates and forms, with particular emphasis on multivariate rating plans and rating algorithms.
Uses statistical analysis to produce meaningful exhibits, reports, tables, graphs, and maps for Senior Management across multiple Divisions. Must verify data integrity, determine the reasonableness of the data, and produce reports in a timely manner.
Continues personal educational development through Industry committees, seminars, conferences and/or self-study.
Performs other duties as assigned by management.
Requires excellent oral, written and listening communication skills.
Requires ability to utilize spreadsheet, word-processing and database skills on the personal computer.
Must be able to effectively operate computer systems to complete essential job functions.
Requires the possession of or acquire the knowledge of the company’s data structures and retrieval methods.
Requires the ability to work under pressure and meet deadlines, as well as handle confidential information.
Requires a motivated, self-starter, and the ability to work with a minimum of direction.
Requires a math-related college degree. Master’s Degree in Math/Statistics and/or significant progress toward a professional designation in the Casualty Actuarial Society is preferred but not required.
Requires a minimum of five years of applicable experience. Property and Casualty insurance background preferred.
Indiana Farm Bureau Insurance - 8 months ago