Product Analyst II - Quantitative
Company: Plymouth Rock Assurance Corporations
Location: Boston, MA
Posted on: April 10, 2019
Job Description:
Duties: Working under the direction of Product Manager, will
contribute to the development of the company’s product features, pricing, and competitive position. Will analyze
business issues and provide recommendations for the implementation of new rating plans, underwriting rules, process
improvements, and other initiatives to support profitable growth and improve competitive position.
Specifically: understands predictive modeling and other quantitative concepts and serves as a resource to other product
analysts in interpreting these concepts for business application; develops and presents a comprehensive review of the
products he/she is responsible for; examines the impact of changes in state regulatory environment on 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 ad hoc analyses as needed;
analyzes competitive data, identifies trends and opportunities; recommends areas for enhancement to products to
improve competitive position; plays key role in user acceptance testing, product verification, and product
implementation; assist with annual loss and premium budgets; effectively uses available tools and data systems to identify,
test, and solve strategic business issues within the company data/reports; troubleshoots when there are
inconsistencies and presents findings to management; collaborates with the actuarial team and other functional areas
such as customer service, marketing claims, finance, information systems, and senior management to assess the
potential effects of product changes and incorporates these considerations into recommendations; and constructively
challenges current processes and proposed solutions to obtain the best outcome. Requirements: Master's degree in statistics, mathematics,
finance, actuarial science or related quantitative field (willing to accept foreign education equivalent) plus two years
of experience monitoring and analyzing insurance trends. Also requires demonstrated expertise (DE): utilizing SQL
to develop reusable scripts and stored procedures with relational databases; utilizing SAS, Excel, including VBA
or comparable statistical tools to perform advanced statistical analyses; performing time series and predictive
analysis; using Tableau to create visualization and present data in a manner that is functional to upper management; and
performing statistical analyses on historical loss cost to forecast future loss cost and assess expected close rate. Submit resume clearly referencing Job Code# JO-1904-1898 to
recruit@plymouthrock.com.
Keywords: Plymouth Rock Assurance Corporations, Boston , Product Analyst II - Quantitative, Computer , Boston, MA, Massachusetts