Insurance Data Analyst

Placements24; Durban; Hybrid; ZAR 420,000 - 780,000; Full time

Benefits offered by this job

Competitive salary

Annual performance-based bonus

Medical aid

Retirement plan

Professional growth opportunities

Durban office location

Job summary

Placements24 in Durban is seeking an Insurance Data Analyst to drive data-driven insights across the business. You will collect, clean, and analyze datasets related to customer behavior, market trends, and policy performance, then build dashboards to inform decisions with stakeholders.

The role emphasizes statistical analysis, predictive modeling, and collaboration with multiple teams to optimize processes and decision-making within an insurance-focused environment.

Qualifications

• Bachelor's degree in a quantitative field.
• Experience as a Data Analyst, preferably in insurance or financial services.
• Strong SQL and data visualization skills (Tableau/Power BI).

Responsibilities

• Collect, clean, and preprocess large datasets.
• Perform statistical analysis and build predictive models.
• Develop dashboards and reports to communicate findings.
• Collaborate with business units to understand data needs.
• Identify opportunities for process improvements and cost savings.
• Ensure data integrity and accuracy.
• Stay updated with analytics trends in insurance.
• Present findings to management and cross-functional teams.

Skills

SQL

Data analysis

Python / R

Communication skills

Problem solving

Education

Bachelor's degree in Statistics/Mathematics/Computer Science/Economics

Tools

Tableau

Power BI

Python

R

Job description

About the Role

Our client, a forward-thinking insurance firm, is looking for a talented and analytical Insurance Data Analyst to join their growing team in Durban, KwaZulu-Natal . This role is integral to leveraging data-driven insights to enhance business strategies, optimize operational efficiency, and inform decision-making across various departments. You will be responsible for collecting, cleaning, analyzing, and interpreting large datasets related to customer behavior, market trends, and policy performance. This position offers a fantastic opportunity to work with advanced analytics tools and contribute to the strategic development of the company in the picturesque coastal city of Durban . If you have a passion for data and a keen understanding of the insurance industry, this role is an excellent fit for your career aspirations.

Key Responsibilities

• Collect, clean, and preprocess large datasets from various internal and external sources.
• Perform statistical analysis and build predictive models to identify trends, patterns, and insights related to insurance products, customer behavior, and risk.
• Develop and maintain dashboards and reports using data visualization tools to communicate findings to stakeholders.
• Collaborate with business units to understand their data needs and provide analytical support.
• Identify opportunities for process improvements and cost savings through data analysis.
• Ensure data integrity and accuracy throughout the analysis process.
• Stay up-to-date with the latest trends and technologies in data analysis and the insurance industry.
• Present findings and recommendations to management and cross-functional teams.

Requirements

• Bachelor's degree in Statistics, Mathematics, Computer Science, Economics, or a related quantitative field.
• Proven experience as a Data Analyst, preferably within the insurance or financial services sector.
• Strong proficiency in SQL for data extraction and manipulation.
• Experience with data visualization tools such as Tableau, Power BI, or similar.
• Knowledge of statistical programming languages like Python or R is highly desirable.
• Excellent analytical and problem-solving skills with a keen attention to detail.
• Strong communication and presentation skills to effectively convey complex data insights.
• Understanding of insurance products and industry practices is a plus.

Benefits

• Competitive salary package.
• Annual performance-based bonus.
• Comprehensive medical aid and retirement plan.
• Opportunities for professional growth and specialized training in data analytics.
• Exposure to advanced analytics platforms and technologies.
• A dynamic and supportive team environment.
• Modern office facilities in prime Durban location.