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.
Are you a Referral?If you know a current Encova Insurance associate and would like to apply as a referral, please encourage them to submit your referral information before you submit your application. You will receive an email with a direct URL link to the Job Posting of interest. Applying through this URL link will create your referral relationship for our Talent Acquisition Team.
Unique residence requirements are listed in each job posting, please review closely for details. Encova is only able to employ associates who reside and work within specific U.S. states. Our current policies are based on the laws in states in which we are registered for payroll. Our current footprint includes:
Connecticut, Delaware, Florida, Georgia, Illinois, Indiana, Iowa, Kentucky, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Nebraska, New Hampshire, New Jersey, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, West Virginia, Wisconsin.
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 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 usIn addition to a competitive compensation package, we offer a comprehensive benefits package designed to support the well-being and growth of our associates. Available benefits (subject to any policy or plan changes) include, but are not limited to:
- 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.
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