Predictive Modelling Consultant - Insurance

Job Opportunity With One Of Our Premier Clients In Analytics!!

Role and Responsibilities

- Understand business requirements to translate business problems into analytics problems and construct analysis road-map based on the business context

- Expertise in conceptualizing business problem into a tangible deliverable (an exhaustive report), model documentation and validation report writing

- Strong statistical and computational background

- Data pre processing (Structured/ unstructured) and transformation

- Develop good visualization to communicate business insights from analysis and make actionable recommendations

- Responsible for executing various models, preparing in depth model review, documents and reports of loss estimates of clients portfolio and developing and performing various quality assurance checks

- Responsible for setting up independent benchmarking tools for testing of various scenarios and boundary conditions of complex models and the implementation of the model

- Assist in implementation of various models with modelling, research, analytics and software team. Responsibilities include reviewing the theoretical assumptions

- Keep up with cutting edge analytics techniques and tools in the continuously evolving area of decision science

- Present/Advise/Interpret/Justify on analytics solutions from a project to Client/Internal Stakeholder

- Accountability & Responsibility for specific roles played in a project

- Support technical coaching of analysts.

Qualification

- 3+ years of work in statistical modelling and business analysis role

- Bachelors/Masters in Economics, Engineering, Mathematics, IT, Statistics and MBA/PGDBM

Skills

- Aware of various statistical analysis methods such as Regression, Logistic regression, decision trees, other segmentation methods and technical expertise in one of these techniques

- Simulation & Mathematical optimization models

- Time series forecasting methods

- Hands on experience in statistical modelling software such as SAS or R

- Strong Microsoft Excel, Access and PowerPoint skills (VBA & SQL experience preferred)

Desirables

Individuals with specialised industry expertise in Financial Services and Insurance domain

Individuals with Specific solutions experience in Underwriting analytics, Credit Risk analytics, Marketing analytics, Customer Analytics, Claims Analytics, Fraud Analytics, Retention and renewals