Product Operations Analyst, Allstate (Northbrook, IL)

1. Identifying drivers of insurance costs, and estimating the expected losses for a risk using advanced statistical techniques.

2. Applying advanced statistical concepts to assist in the development of new business models for customer retention and new customer growth initiatives.

3. Using data mining techniques to build business models and estimate the future value of customer segments.

4. Estimating the economic impact of operational decisions.

5. Analyzing business strategies to measure overall effectiveness and analyze the impact of proposed legislation on our business. Consulting with other operational departments such as claims, marketing and risk management. Applying quantitative analysis skills to solve business problems, and communicate/present findings and recommendations to senior management.

The skills required are:

1. Intermediate - Solid skills and training in statistical modeling and other quantitative and research analytics (Linear and Non-Linear Regression Analysis, Multivariate Analysis, Bayesian Methods, Time Series Analysis, Generalized Linear Models, etc.)

Experience Required:

At least 1 year of related experience from the insurance industry related to property and casualty (personal or commercial) business lines.

Computer Proficiency:

Familiarity with statistical packages such as SAS, Splus, SPSS or STATA is a plus.

Education:

Masters/MBA - Preferred

Department: Quantitative Research and Analysis

Location: Northbrook, Illinois

Contact information:

Talent Aquisition
Northbrook, IL 60062
www.allstate.com

To apply:

1) www.allstatecareers.com/careers/jobsearch.asp
2) Enter: 238589 in the job code

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