Research & Development Analyst

Job Responsibilities

• Create and support multiple types of insurance products
• Assist different business departments including Under Writing (UW), Claims, Marketing and Advertising to achieve their business goals
• Interact with commercial grade databases in cloud or local
• Generate large-scale data and translate it into business values
• Perform data exploration and R&D research independently and collaboratively
• Work with cross-functional business and technical teams on business and analytical innovation
• Contribute to project-related communication
• Conduct competitive analysis to benchmark the company’s performance against industry peers and competitors
• Collaborate with marketing, product and sales teams to align research efforts with business objectives
• Correspond and coordinate with external research partners and agencies when necessary

Required Skills And Qualifications

• Master’s degree or higher in Statistics, Mathematics, Data Science, Economics, Computer Science, Engineering, Operation Research or related quantitative and analytics fields
• Demonstrable experience as a Research Analyst or similar role, with 2-3 years in market research, data analysis, or business intelligence
• Strong analytical and critical thinking skills, with the ability to interpret complex data and generate insights
• Proficiency in statistical software and data analysis tools (SPSS, SAS, R, or Python)
• Advanced Excel skills for analysis and data visualization
• Ability to interpret complex data and present it in a comprehensible manner
• Knowledge of qualitative and quantitative research methodologies
• Excellent written and verbal communication skills, with the ability to present findings clearly and effectively
• Solid organizational and time management skills, with the ability to manage multiple projects and deadlines
• High level of attention to detail and accuracy in data collection and analysis

Preferred Skills And Qualifications

• Advanced degree in Business, Economics, Statistics or a related field
• Relevant certification in market research, data analysis, research methodologies, etc.
• Knowledge of advanced data analysis techniques and methodologies
• Familiarity with data visualization tools, such as Tableau or Power BI
• Familiarity with market research and competitive analysis
• Experience in using machine learning algorithms for data analysis
• Proficiency in database management and SQL

Pay

$75,000.00 - $150,000.00 Annual Salary Range

The above annual salary range is a general guideline. Multiple factors are taken into consideration to arrive at the final hourly rate/ annual salary to be offered to the selected candidate. Factors include, but are not limited to, the scope and responsibilities of the role, the selected candidate’s work experience, education and training, the work location as well as market and business considerations.