Demand Modelling-Analyst

Job Summary:

The Product Design and Modeling Department of Global Retail Markets has an opening for an Analyst I, II/ Dir I/II, Demand Modeling.

The Demand Modeling Team builds complex demand models (customer retention, conversion, price elasticity, lifetime value, price optimization, and cost-benefit analyses) for all GRM lines of business. This role will focus on building and deploying such models for Motor primarily in China and other markets in Asia. This role will report directly to the East & West Manager, Demand Modeling.

Responsibilities:

• Build complex retention, conversion, and optimization models across GRM market with a focus on East Markets using various techniques including, GLM and machine learning.
• Analyze and design A/B tests
• Model cost-benefit analyses (CBAs) related to the impact of various initiatives (e.g. New Mobility) and recommend program design.  
• Work cross functionally to advance the use of demand modeling across East Markets.
• Peer review other pricing staff work and actively share expertise with peers.
• Provide technical or non-technical guidance to colleagues.
• Participate/Collaborate in Global task force as needed.

Qualifications:

• Bachelor’s degree or equivalent in actuarial science, mathematics, economics, statistics, or another quantitative field.
• 2-10 years of progressively more responsible experience in insurance pricing or analytics.
• Strong analytical skills with understanding of predictive modeling. Experience in Excel, PowerPoint, and statistical software packages (e.g., R, Python, SAS, Emblem, Radar, Earnix) highly preferred.
• Knowledge of insurance operations.
• High-level knowledge of data sources, tools, and the business (lines, systems, pricing plans).
• Demonstrated ability to exchange ideas and convey information clearly and concisely, both verbally and in writing.
• Proficient in Mandarin and English.