Overview
The role is responsible for creating and maintaining monitoring processes to track portfolio performance and provide business recommendations to optimise profitability and production.
Responsibilities
- Data analysis and reporting
Gather, clean, and analyze large datasets to extract insights into production and claims trends, customer behavior and market conditions.
Create comprehensive reports and presentations to communicate findings to stakeholders, including senior management.Performance MonitoringRegularly monitor key performance indicators (KPIs) for the portfolio.
Identify anomalies or emerging patterns in the data and propose actionable strategies to address them.Portfolio Analysis and ManagementAnalyze portfolio to assess performance, profitability, and risk exposure.
Develop and maintain portfolio models to simulate outcomes based on varying scenarios.Underwriting SupportCollaborate with underwriting and pricing team to analyze risk factors and refine pricing strategies based on portfolio performance.
Provide recommendations for policy adjustments and coverage improvements.Market AnalysisMonitor and analyze competitor pricing, industry trends and competitive landscape.
Provide summary and key insights to Manager to identify opportunities for growth.Regular reportingEnsure timely submission of monthly and quarterly internal and regulatory reports.
Requirements
Bachelor’s or Master’s Degree in any discipline, preferably Actuarial Science / Stats / Mathematics / Data ScienceAt least 3 years of insurance industry working experience preferably covering the Motor portfolio.Experience in portfolio monitoring and analysis is preferred.Familiarity with statistical computer program languages. MS Access, SAS / R, SQL would be an advantage.Strong analytical capabilities in performing analysis, data interpretation, and conducting market research.Understanding of motor insurance industry, including underwriting, products, market trend and regulatory requirements is preferred.Ability to plan and execute to ensure timely delivery of results.Positive work attitude with focus on continuous improvement.#J-18808-Ljbffr