Remote Insurance Data Analyst

Company: Naukri Mitra

Job Type: Remote, Full-Time

Annual Salary: $73,790

Job Summary:

Naukri Mitra, a trusted recruitment firm dedicated to connecting talented professionals with meaningful career opportunities, seeks an analytical and detail-oriented Remote Insurance Data Analyst. This role involves leveraging data to analyze insurance trends, assess risks, and support decision-making processes. If you are passionate about data analysis and the insurance industry, this position offers a remote and impactful opportunity.

Key Responsibilities:

1. Data Collection and Management:
   • Collect, clean, and organize large datasets related to insurance claims, policies, and customer demographics.
   • Ensure data integrity and accuracy by identifying and resolving inconsistencies or errors.
   • Maintain databases and documentation for easy access and reporting.
2. Insurance Data Analysis:
   • Analyze insurance data to identify trends, risks, and opportunities for process improvements.
   • Use statistical methods to assess risk factors, pricing strategies, and claims patterns.
   • Provide actionable insights to stakeholders to support strategic decision-making.
3. Reporting and Visualization:
   • Develop reports and dashboards to present data findings clearly and visually engagingly.
   • Use Excel, Power BI, or Tableau to create dynamic visualizations and summaries.
   • Communicate results and recommendations effectively to both technical and non-technical audiences.
4. Risk Assessment and Modeling:
   • Collaborate with actuarial teams to develop risk assessment models and projections.
   • Evaluate the financial impact of insurance policies and claims scenarios.
   • Use predictive analytics to forecast trends and improve underwriting processes.
5. Compliance and Quality Assurance:
   • Ensure all data analysis processes adhere to regulatory standards and organizational policies.
   • Conduct regular quality checks to maintain high standards in data accuracy and reporting.
   • Address data security concerns and implement best practices to protect sensitive information.
6. Collaboration with Teams:
   • Work closely with underwriters, actuaries, and other stakeholders to align analytics with business goals.
   • Translate business needs into technical data analysis projects and deliverables.
   • Support cross-functional teams in leveraging data to drive insurance product innovation.
7. Process Improvement:
   • Identify opportunities to optimize workflows and automate repetitive tasks.
   • Stay updated on industry trends, tools, and methodologies in insurance analytics.
   • Propose and implement innovative solutions to enhance data-driven decision-making.

Qualifications:

• Bachelor’s degree in Data Analytics, Actuarial Science, Statistics, or a related field.
• Proven experience in data analysis within the insurance industry or a similar domain.
• Strong proficiency in statistical tools and programming languages like R, Python, or SQL.
• Expertise using data visualization tools like Tableau, Power BI, or Excel.
• Solid understanding of insurance concepts, including underwriting, claims, and risk management.
• Excellent analytical and problem-solving skills with attention to detail.
• Strong communication skills to present complex data insights effectively.
• Ability to work independently and manage multiple projects in a remote environment.

Why Join Us?

• Remote Flexibility: Work from anywhere while contributing to impactful insurance analytics projects.
• Competitive Salary: Earn an annual salary of $73,790, reflecting your expertise and contributions.
• Professional Growth: Gain exposure to advanced analytics techniques and the insurance industry.
• Collaborative Environment: Join a team that values precision, innovation, and teamwork.
• Impactful Role: Play a key role in shaping insurance strategies and enhancing customer experiences.

Ideal Candidate Profile:

The ideal candidate is a proactive and detail-oriented professional with a strong background in data analysis and a keen interest in the insurance sector. They excel in remote work environments, demonstrating self-motivation, strong organizational skills, and a passion for turning data into actionable insights. With a commitment to continuous learning and improvement, the candidate is well-suited for this dynamic and rewarding role.

About Naukri Mitra:

Naukri Mitra is a leading recruitment partner committed to bridging the gap between talented professionals and organizations. We empower individuals to excel in their careers while supporting our clients in achieving their goals. Join us and take the next step in your professional journey with confidence.