Bajaj Allianz General Insurance Company | Lead Data Analyst-Retail Sales | The Great Bharat | Bharat | BigDataKB.com | 22 Oct 2022

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Job Location: The Great Bharat

Job Description

:

Cross Sell strategy
    Conduct Multiple experiments/POC for cross sell which help to identify customer need and want on insurance products
    Propensity model Creation Using Machine learning and AI for providing Next Best Product to customer
    Analyzed Vertical wise customer behavior to understand best time to pitch next best product
    Communicate with respective stakeholders on cross sell strategy and planning

Agent Profiling Model
    Creating an Agent profile model using various inputs of profile, business, point of interaction, touch points Defined Customer loyalty with available data, identify best parameters to create profile ,creating data lake to capture all defined parameters
    Score agents models and bucket them in loyal, successful etc.
    Regular Discussion with the HOD to help them identify profile of successful agent and how to replicate the same.
    Creating various other model of agents attrition basis defined inputs captured, providing inputs on predictive attrition data.
    Creating model of agent activation and providing inputs to make agent active

Geo expansion analytics
    Design/Ideation of business expansion strategy leveraging data science driven models for new and existing verticals across national/local levels and refer for approvals / signoff from NHOD and finance.
    Plan & design communication plan for all the campaigns.
    Geographical and Vertical wise categorization of Locations and pin codes mapped against each of these locations using machine learning techniques.
    IIB health data analysis to identify BAGIC low penetrated locations where competitors are doing profitable and good business – opportunity identification

LOB wise Analytics Management –All Channels/LOB
    Providing inputs agent level, channel level, geography level analysis of each LOB.
    Regular interaction with business head and sharing agent level , geography level predictive analysis .

Strategic and functional planning
    Assists in evaluating short-term and long-term business challenges/ requirements to ascertain if the same can be resolved using analytics.
    Uses analytics to understand the organizations advantages and sharing the same with key stakeholders.
    Sensitizes the relevant stakeholders on the strengths of adopting analytics for the business such as higher process efficiency, better decision making, reduction in risk, etc.

Analytics Management
    Performs predictive modelling including data extraction using R / SAS/ Python tools. Shares the inputs from the same with key stakeholders.
    Assists in monitoring business, identifying issues if any and communicating the same to the potential users of the data.
    Performs end to end predictive modelling for all data points, including vetting the data, identifying outliers, understanding data points which are missing, and creating features based on the same for the best use of the business.
    Performs renewal studies for all lines of business and sharing insights with the various stakeholders.
    Assists in institutionalizing analytic learnings across businesses and processes. Understands the business demands and undertake initiatives to cater to the same.
    Study and analyze previous year’s data points for fraud detection with the ability to decipher trends / patterns from the same to understand the relevant trends and share the same with the stakeholders.

Team development
    Participate in recruitment process to identify the right talent within the function
    Establish individual performance expectations and regularly review individual performance of the team.
    Identify and create development opportunities for team members to enhance functional knowledge

Strategic Partner Management
    Identify and Create Capabilities leveraging FinTech and InsuTech Partners ecosystem.

Create data science utilities to be used by internal team leveraging Analytics Vendors

Department

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HO

Open Positions

:

1

Skills Required

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o Have implemented at least 3 predictive/ machine learning models end to end o Machine learning/ AI experience (3+ Years)

Location

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HO

Education/Qualification

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o M.Tech / MBA (Analytics), M.Sc. Statistics/Economics, Ph.D in Statistics/Economics or equivalents

Desirable Skills

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o 7-10 Years of Relevant Work Experience

Years Of Exp

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12 to 15 Years

Posted On

:

20-Oct-2022

Designation

:

Lead Data Analyst-Retail Sales




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