Primary Role Description: -
The incumbent will be a part of the advanced descriptive and predictive analytics sub-function to work on analysis/reports/dashboards related to superior risk selection, risk assessment and risk management.
To help data evidence-based decision-making for the business to enable better understanding and management of the health risks.
The role requires a valuable understanding of Health Insurance domain in India and various drivers of profitability.
Responsible to ensure that the organization has a high visibility on the performance of the products and the portfolio consistently, generating relevant/actionable insights, draw attention to key trends and areas of concern, help evolve solutions and enable implementation across various functions.
Creating a strong foundation key data points required for the above analysis would be a key responsibility.
Creating high visibility of health insurance performance indicators to senior management/ key stakeholders
Perform analysis for monthly/quarterly discussion with stakeholders & highlighting inferences, actionable insights and share recommendations for corrective/preventive action & enable implementation of agreed actions
Key Areas of analytics
Claim ratio, incidence rates across channels, products, locations,
agents, partners etc.
Claim analytics – across products, perks, bill components, customer & provider segments
Underwriting: consistent monitoring of nature of risk on-boarded vs claim outcomes to support improvements in risk selection process
Build and strengthen data foundation:
Ensure maintenance and easy availability of quality data in SAS-enabled analytics environment that can be readily used to perform regular/ ad-hoc analytics
Improve scope and quality of data collected/captured/made available for analysis
Create and maintain supporting documentation/ SOPs
Key Requirements - Experience & Skills
Graduate / post-graduate. Specialization in insurance/maths/ stats/B-tech will be of advantage years in insurance analytics
Valuable knowledge of other analytics or reporting tools – SAS, SQL, PythonR, Power BI, Tableau will be useful
Proficiency in MS Excel and PowerPoint is a must,
Insurance/ Health Care Background will be preferable.
Robust analytical bent of mind
Problem-solving attitude, not bound by functional silos
Ability to work with the ‘big picture’ of the organization in mind
Ability to interact, collaborate and work with diverse teams
📌 Data Analyst Noida
🏢 Mancraft Consulting
📍 Noida
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