Analytics Analyst II

Encova Mutual Insurance Group.; Columbus (OH); Hybrid; USD 77,000 - 124,000; Full time

Benefits offered by this job

Health, Dental & Vision Insurance

Life and income protection plans

401(k) company match

Paid time off and holidays

Flexible work arrangements

Job summary

Encova Insurance in Columbus, OH is seeking a modeling-focused Analytics Analyst II or III to lead and support commercial lines predictive modeling initiatives. You will develop models, engineer variables, prepare data, perform statistical analyses, validate models, deploy them, and monitor performance to improve pricing and underwriting.

The role offers a hybrid schedule with in-office expectations at our Columbus corporate office and a competitive compensation package with bonus and benefits.

Qualifications

• Degree in mathematics, statistics, economics, actuarial science, or computer science.
• Four years in insurance or banking in a technical role preferred.
• Experience with SAS/R/SQL and data analysis required.

Responsibilities

• Lead and support predictive modeling initiatives for commercial lines.
• Prepare data, engineer variables, and validate models.
• Deploy models and monitor performance for pricing and underwriting.
• Collaborate with internal analytics partners and business stakeholders.

Skills

SQL

SAS

R

Regression analysis

Tableau

Communication

Analytical thinking

Education

Bachelors in mathematics/statistics/economics/actuarial science/computer science

Advanced degree preferred

Tools

SAS

SQL

R

Job description

The salary range for this job posting is $77,450.00 - $123,921.00 annually + bonus + benefits. Pay Type: Salary The above represents the full salary range for this job requisition. Ultimately, in determining your pay and job title, we'll consider your location, education, experience, and other job-related factors, and will fall within the stated range. Your recruiter can share more information about the specific salary range during the hiring process.

We are looking for a modeling-focused analyst to lead and support commercial lines predictive modeling initiatives. Responsibilities include model development, variable engineering, data preparation, statistical analysis, model validation, deployment, performance monitoring, and ongoing enhancement of pricing and underwriting models. Experience with insurance rating, profitability analysis, and predictive modeling techniques is strongly preferred. We are open to hiring at an Analytics Analyst II or III level. Posted compensation range is for Analytics Analyst II only. This will be a hybrid role with in office expectation each week at our corporate office in Columbus, Ohio.

JOB OBJECTIVE

Act as internal consultant for business partners throughout the enterprise to enable better business decisions by collecting and integrating appropriate data, building statistical models, and designing solutions for predicting and monitoring the impact of business decisions.

ESSENTIAL FUNCTIONS

• Meet with internal analytics consultants or business partners to understand analytics needs and propose solutions.
• Active understanding of available internal and external data sources, and identify, collect, and integrate data needed to address business problems.
• Create reports or data views to support business partners.
• Build predictive models (linear and non-linear regression, decision trees, etc.) of consumer behavior (loss costs, marketing response, conversion, fraud, etc.) or other relevant target variables.
• Create new solutions or enhance existing tools to simulate and monitor the impact of business decisions.
• Developing skills in prioritizing, organization, decision making, time management and verbal/written communication skills.
• Ability to establish priorities, work independently, and proceed with objectives without supervision.
• Provide clear documentation as part of governance processes.

OTHER FUNCTIONS

• Work closely with Data Services unit to maximize value of existing solutions and provide guidance on incorporating new elements.
• Ad hoc analyses or reporting to support business partners.
• Improve data extractions and processes that relate to essential functions.
• Perform other duties as assigned.

KNOWLEDGE. SKILLS AND EXPERIENCE

• Candidate must have B.A. or B.S. with major in mathematics, statistics, economics, actuarial science, or computer science.
• Other majors may be acceptable depending on mathematics background.
• Advanced degree preferred.
• A minimum of four years of experience in insurance or banking industry in a technical role (actuarial, marketing research, etc.) is preferred.
• Experience in working with large data sets using SQL and/or SAS and in conducting regression analyses using SAS, R, or other statistical software is preferred.
• Knowledge of insurance terminology and ratemaking is preferred.
• Strong written and verbal communication skills are required.
• Strong analytical and problem-solving skills are required.
• Experience with data visualization software (Tableau) preferred.

This position has been evaluated in accordance with the Americans with Disabilities Act. Encova Insurance makes every effort to reasonably accommodate disabilities to permit performance of the essential functions and candidates who need such accommodation are encouraged to seek it. This description reflects the nature and level of work performed by associates in this position. It is not an all-inclusive inventory of duties, responsibilities and qualifications required. It provides an accurate overview of the work and skills needed to perform this position. Because job content may change from time to time, Encova Insurance reserves the right to add and/or delete functions from this job as it deems necessary for business reasons.

Ready to join our team?

At Encova Insurance, we firmly believe that our associates drive our company's success by delivering unrivaled service to our customers. With success in mind, we make an ongoing effort to provide an environment that offers challenging, stimulating, and financially rewarding opportunities. Join us to discover a work experience where you can learn and grow to your fullest potential.

What you can expect from us

In addition to a competitive compensation package, we offer a comprehensive benefits package designed to support the well-being and growth of our associates.

• Health, Dental & Vision Insurance
• Company-provided life and income protection plans
• Eligibility to participate in a company incentive bonus program
• 401(k) Retirement Plan - 100% company match up to 7% on annual salary
• Paid Time Off, Paid Holidays, and Floating Holidays
• Flexible Work Arrangements - Hybrid and remote depending on the role

We believe that happy, healthy associates are the foundation of great work. Join us and thrive both professionally and personally.

Encova Insurance is an EOE/E-Verify employer.

At Encova our associates are the heart of our business. Our exceptional culture makes it a special place to work and gives us a unique advantage. Building and sustaining this culture requires intentional effort from everyone in the company. We believe that achieving results and building trust are interrelated. Through connection, character and competence, we build trusting relationships with associates, agents and policyholders to achieve excellent results. Through our collaborative team structure we find professional and personal growth. We never stop learning and always seek to improve ourselves. At Encova, we know that inclusion and belonging foster our competitive edge by giving voice to every individual’s unique talent and perspective; and we believe that when a condition of equity exists, all associates can contribute to the fullest extent of their knowledge, skills and ability.