Insurance Statistical Analyst, PhD Level (Foster City, CA)

Job Summary - Statistical Analyst

The Statistical Analyst requires an intelligent, self-starting individual with several years experience in a modeling role. This is not a management position, however this position will be highly visible to senior management. We are not searching for someone who is looking for a "stepping-stone" opportunity. The right candidate will have a passion for this kind of statistical analysis, and is willing to forge new ground in an industry where very little sophisticated statistical analysis has been done in the past.

What you will be doing:

Essentially, you will provide answers to problems (many of which have never been approached) by applying deep, multi-dimensional reasoning and logic.The nature of the role requires equal strengths of intellectual aptitude and common sense. This will entail tedious, detailed and thorough work. The right candidate must possess a strong, independent and persistent work ethic. S/he must be self-motivated, detail oriented and posses exceptional analytical, quantitative and problem solving skills. This person must be driven by the passion of solving the "impossible problem." Excellence and accuracy in the work produced is an absolute must.

This role will perform statistical analysis of large internal and external questions by 1) analyzing immense amounts of data, 2)developing theoretical models capable of understanding the various relationships and possibilities, 3) writing models in a suitable statistical programming software package (MUST have actual experience with this step) and 4) presenting tangible findings which can be acted upon. The kind of modeling we expect requires a determined individual who can cope with lengthy, involved problems (without loosing direction) and possesses a high degree of intellectual horsepower and tenacity. Because the projects will be large, difficult, and undertaken with limited oversight, the individual will need to have a proven passion for work in the insurance industry.

More specifically, the responsibilities for this position include:

• Compile and check experiential data from internal sources (mostly pure premium, official loss histories, client data).
• Research external data sources (e.g. credit records) and combine with internal data where appropriate.
• Develop comprehensive statistical models (multivariate analysis, possibly GLM).
• Network with department managers to check whether results are sensible.
• Make software recommendations.

• PhD or Masters in Statistics, Microeconometrics, Economics, Mathematics or equivalent industry experience. "Equivalent industry experience" is defined as actuarial experience with a large insurer or actuarial consulting firm. Additionally, this "equivalent industry experience" could be someone who has passed a few Casualty Actuary Society exams.
• 2-5 years experience doing multivariate analysis with large data-sets, preferably with insurance data.
• Experience with SQL programming preferred

The Statistical Analyst will in many ways provide the "logic and reasoning" to Applied's business. The impact of the role, dictates that only the best of applicants are considered for the position. If you are interested in learning more about Applied Underwriters and the Statistical Analyst position, please e-mail your resume to dholloway@applieduw.com.

NOTE - Qualified candidates will be contacted within 24 to 48 hours.

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