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Product Analyst II - Quantitative

Company: Plymouth Rock Assurance Corporation
Location: Boston, MA
Posted on: November 6, 2017

Job Description:

Title: Product Analyst II - Quantitative (Boston, MA)

Description:

Working under the direction of Product Manager, will contribute to the

development of the company’s product features, pricing and competitive po

position. Will analyze business issues and provide recommendations for the im

implementation of new rating plans, underwriting rules, process im

improvements, and other initiatives to support profitable growth and im

improve competitive position. Specifically:

• Understands predictive modeling and other quantitative concepts and s

serves as a resource to other Product Analysts in interpreting these c

concepts for business application.

• Develops and presents a comprehensive review of the products he/she i

is responsible for.

• Examines the impact of changes in state regulatory environment on t

the product and business processes and proposes necessary changes.

• Designs, reviews, and analyzes monthly and quarterly reports used

to manage the company’s financial and operational performance, as well as a

ad hoc analyses as needed.

• Analyzes competitive data, identifies trends and opportunities. R

Recommends areas for enhancement to products to improve competitive p

position.

• Plays a key role in User Acceptance Testing, product verification a

and product implementation.

• Assist with annual loss and premium budgets.

• Effectively uses available tools and data systems to identify, test a

and solve strategic business issues within the company data/reports, t

troubleshoots when there are inconsistencies and presents findings to m

management.

• Collaborates with the Actuarial team and other functional areas s

such as Customer Service, Marketing, Claims, Finance, Information Systems, a

and Senior Management to assess the potential effects of product changes a

and incorporates these considerations into recommendations.

• Constructively challenges current processes and proposed solutions to o

to obtain the best outcome.

Education and Experience:

Master’s degree in Finance, Statistics, Operations Research, Economics, Math or

Math or related field (foreign educational equivalent accepted) and two (2) years o

years of experience performing quantitative analysis to predict and manage custome

customer risk and profitability.

Special Requirements:

Also requires demonstrated expertise: performing regression modeling, dec

decision tree or statistical experimental design; DE performing data mining usi

using SAS and SQL; and DE monitoring the effectiveness of risk strategies and

and troubleshooting data points in business reports.

To apply please email resume clearly referencing Job Code # JO-1711-1477 to r

recruit@plymouthrock.com

Keywords: Plymouth Rock Assurance Corporation, Haverhill , Product Analyst II - Quantitative, Insurance , Boston, MA, Massachusetts


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