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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


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