Statistical Modeler- Claims Analytics Job in Walnut Creek, California US
Statistical Modeler / Insurance Analyst II - Claims Analytics
A Statistical Modeler is part of the Insurance Analytics team that supports AAA NCNU insurance's quest for performance improvement and business intelligence. The Insurance Analytics team supports a wide range of internal customers including Claims, Insurance Product Management, Actuarial, Insurance Product Operations, Underwriting, and Membership. This particular position focuses on Claims Analytics.
A Statistical Modeler will develop metrics, reports and studies to monitor and recommend improvements to Claims performance and perform quantitative analysis in business improvement cycles including: problem identification, issue exploration, data and process discovery, analytical modeling, predictive power validation, and implementation transition to operations and IT.
Main Responsibilities:
- Work with closely Claims management and other stakeholders to gain deep understanding of business.
- Design reports and studies on Claims operations.
- Conduct research on data integrity.
- Make recommendations for systems development and determine potential solutions related to quantitative data on identified requirements.
- Participate in cross-functional projects to improve enterprise performance.
- Build the hypothesis, identify research data attributes and determine approach to solve analytical problems related to insurance
- Understand data lineage rules among various policy and claims systems
- Extract, clean and prepare insurance data for research projects
- Identify and apply statistical models to test correlations with insurance business
- Build complex SAS programs for running statistical tests on data and for understanding correlation of various attributes
- Compare and weigh numerical model outputs (preferably from SAS or Emblem) and identify best choice models
- Make recommendations for procedural improvements supported by analytical findings.
- Prepare recommendations and findings for business clients.
- Build presentations for targeted audiences, from supervisor to executive level staff.
- Establish timelines to deliver recommendations/solutions and deliver on or before deadlines.
This position is open, available and will provide exam support for actuarial analysts.
Knowledge, Skills Abilities
Required:
- BA/BS or higher degree in mathematics, statistics, or computer science or equivalent experience. MA/MS is strongly preferred
- Extensive knowledge of Property and Casualty Insurance products and services.
- Ability to perform rigorous analysis to complex data to identify key themes
- Knowledge of principles, processes and tools used for analyzing and manipulating large sets of data.
- Proven ability to effectively diagnose problems, identify core issues, see critical connections and ramifications, and draw conclusions.
- Must be comfortable making recommendations laterally and vertically
- Ability to communicate in concise and clear terms.
- Exemplary interpersonal skills.
- Advanced skills in Excel, SAS, Access, Cognos, Emblem or SQL
Preferred but not required:
- 4-6 years of reporting and analysis of Property and Casualty insurance data.
- 4-6 years of experience in data mining, relational database design and development, or object oriented programming principles
- Knowledge of Property and Casualty Claims operations.
