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394 WN Infotech Jobs

Predictive Modeling Analyst

2-5 years

Noida, Pune, Gurgaon / Gurugram + 1 more

1 vacancy

Predictive Modeling Analyst

WN Infotech

posted 1hr ago

Job Description

Job Summary

We are seeking a highly skilled Predictive Modeling Analyst to join our Insurance Forecasting team. The role requires a strong understanding of data science, predictive modeling techniques, and statistical analysis. As a Predictive Modeling Analyst, you will be responsible for developing and implementing forecasting models to support the company s insurance business. You will work closely with cross-functional teams to drive data-driven decision-making and improve business outcomes in areas such as claims prediction, risk assessment, pricing models, and customer retention strategies.

Your Role and Responsibilities
  • Develop, validate, and maintain predictive models to forecast insurance-related metrics, including claims, risk, and customer behavior.
  • Collaborate with business stakeholders to understand data requirements and deliver actionable insights through advanced statistical modeling techniques.
  • Conduct exploratory data analysis and feature engineering to improve model accuracy.
  • Continuously monitor and enhance the performance of existing models.
  • Communicate findings and model recommendations to non-technical stakeholders through clear visualizations and reports.
  • Work closely with IT and data engineering teams to integrate models into production systems.
  • Ensure adherence to industry best practices for model development, testing, and deployment.
  • Stay updated with the latest developments in predictive analytics, machine learning algorithms, and the insurance industry.
  • Assist in the design of experiments and conduct A/B testing for insurance products and services.
  • Required Technical and Professional Expertise
  • Proficiency in statistical software and programming languages, such as R, Python, or SAS.
  • Experience with machine learning techniques, including regression analysis, decision trees, random forests, and time series forecasting.
  • Strong knowledge of SQL for data extraction and manipulation.
  • Familiarity with insurance industry metrics, such as loss ratios, claim frequencies, and policyholder behavior.
  • Ability to work with large datasets and leverage cloud-based tools for data processing (e. g. , AWS, Azure).
  • Strong problem-solving skills with the ability to think analytically and work with ambiguous data.
  • Excellent written and verbal communication skills, with the ability to present complex information to both technical and non-technical audiences.
  • Ability to work independently and as part of a cross-functional team.
  • Qualification & Experience Required
  • Bachelor s or Master s degree in Statistics, Mathematics, Computer Science, Engineering, or related field.
  • At least 2-5 years of professional experience in predictive modeling or data analysis, preferably within the insurance industry.
  • Experience in building and deploying forecasting models is a significant advantage.
  • Knowledge of actuarial science and insurance-specific predictive analytics will be considered a plus.
  • Certification in data science or machine learning (e. g. , AWS Certified Machine Learning - Specialty, or similar) is a plus.

  • Employment Type: Full Time, Permanent

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