Hi
I am seeking a Statistical Analyst for a client based in central London.
The client is happy to accept applications from Statisticians in all
sectors , Pharma , Finance, OR , Insurance etc....
This is a fantastic opportunity to join a multi-national Finance company
based in central London ,
Salary is based on experience:
Main Purpose.
1. To analyse and improve existing score models.
2. To develop new score algorithms.
3. To write documentation procedures concerning the above mentioned
developments
4. To produce ad-hoc reports when required
5. To develop forecasting models for claims, premium income and loss-ratio.
6. To build other statistical models and automatic systems
Scope of Responsibility.
Authority Levels The work undertaken will lead to Improved
performance of the main limits service of ETI. For example with improved
algorithms and more detailed rules in support we are targeting an increase
of 7% on the existing auto-approval level.
Total number of staff supervised by the job holder None
Budgeted Income Management None
Budgeted Expense Management None
Other
Main Areas of Responsibilities.
 It is the responsibility of the job holder to comply, at all times, with
all current Company procedures, rules and guidelines which have been
notified or made available to you. Managers must also ensure that their
staff are made aware of all relevant procedures, rules and guidelines and
comply with them.
 Managers are responsible for ensuring the health, safety and welfare of
all staff. All Staff have a duty to take reasonable care of their own
health and safety at work and of other persons who may be affected by their
acts or omission’s. Specific responsibilities are detailed in your copy of
the Staff Handbook.
 Using appropriate methodology to achieve optimum results in our
statistical work. Be ware of advantages of different methodologies.
 Precision in ensuring that data is extracted accurately from various
databases and analysis is undertaken properly.
 Develop algorithms to support modelling activities and automatic process.
 Understanding the business requests and the data’s relevance to identify
appropriate opportunities in Modelling and process enhancements.
 Ensure the records are kept and identifiable for reference and audit.
JOB ANALYSIS
Level of Formal/Academic Training, knowledge and Skills.
 Post Graduate level in Statistics and Modelling.
 Expert in scoring techniques
 Knowledge of SAS Software programming.
 Knowledge of business, economic and finance issues.
 Good organisational and communication skills.
Level of Proficiency.
2 years experience in scoring financial data.
Level of expertise comparable to a specialist’s level in scoring models.
Fact Finding and Analysis.
The position requires a high level of findings and analysis.
Significant responsibility in defining new models according to business and
economic evolutions.
Innovation
Innovations should concern the statistical methods as well as the kind of
variables used in the system.
Internal Contacts.
All levels of staff in Risk and IT Departments.
External Contacts.
Software providers.
Decision Making.
The accuracy as well as the number of the decisions made by the automatic
systems (scoring, pricing) is vital for the performance of Risk.
Please contact Natalie if you are interested :
Regards
Natalie Fforde
Director
Mind Consultancy
01444 473390
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