Data Analyst - Life Insurance

Department Icon Insurance- Life Insurance
Posted: 1 year ago
1-2 years
Surat
Insurance- Life Insurance
Hybrid
Full Time
Upto ₹0 - ₹0

Posted: 1 year ago
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Posted over 15 days ago, so the role may have closed. Confirm on the employer's page when you apply, or see similar jobs.

Job Description

What role you will play in team: You will play a crucial role in extracting meaningful insights from vast datasets to optimize operational efficiencies, enhance policy development, and improve risk assessment within the life insurance domain.

What you will do: You will collect, clean, analyze, and interpret large volumes of data related to life insurance policies, customer behavior, market trends, and risk factors, and communicate findings effectively.

Key responsibility:

  • Collect and cleanse data from various sources (databases, spreadsheets, etc.).
  • Develop and maintain data models and visualizations.
  • Analyze data to identify trends, patterns, and insights relevant to life insurance operations.
  • Develop and present reports on key performance indicators (KPIs).
  • Support actuarial modeling and pricing processes with data analysis.
  • Support the development of predictive models for risk assessment and customer behavior.
  • Collaborate with other departments to use data insights to enhance business processes.
  • Stay current with data analysis techniques and technologies.

Required Qualification and Skills:

  • Bachelor's degree in statistics, mathematics, computer science, or a related field.
  • Experience with data analysis tools (SQL, Python, R, Tableau, etc.).
  • Strong analytical and problem-solving skills.
  • Excellent communication and visualization skills.
  • Ability to work independently and collaboratively.
  • Knowledge of life insurance industry (preferred).
  • Experience with large datasets (preferred).

Benefits Included:

  • Competitive salary and comprehensive benefits package.
  • Professional development opportunities.
  • Positive and collaborative work environment.
  • Opportunities to work on large-scale projects with significant impact.
  • Health insurance and other standard benefits.

A Day in the Life: A day will involve data collection and cleaning, building models, performing statistical analysis, creating visualizations, and presenting findings to various stakeholders.

Skills

Data AnalysisSQLPythonRTableauData VisualizationStatistical AnalysisCommunication

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About Company

Life Insurance Corporation of India (LIC) is an Indian state-owned insurance group and investment company. It is one of the largest insurance companies in India.

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