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Insurance Data Analytics Jobs in Maryland (NOW HIRING)

McKinsey & Company

Analyst - Finalta Insurance

Lisbon, MD · On-site

$22 - $30/hr

YOUR IMPACT You will work within a small project team to analyze insurance data, evaluate results ... or data analytics * Exceptional analytical skills and problem-solving capabilities * Excellent ...

Chandler Macleod

Analyst - Finalta Insurance

Lisbon, MD · On-site

$22 - $30/hr

YOUR IMPACT You will work within a small project team to analyze insurance data, evaluate results ... or data analytics * Exceptional analytical skills and problem-solving capabilities * Excellent ...

Kforce Inc.

Data Analyst

Baltimore, MD · On-site

Bachelor's degree in Finance, Accounting, Information Technology, Business, Data Analytics, or ... We offer comprehensive benefits including medical/dental/vision insurance, HSA, FSA, 401(k), and ...

Interclypse Inc.

Data Analyst

Annapolis, MD · On-site

Three (3) years of experience in data analytics * Experience as a data analyst or similar role with ... Life Insurance * Accidental Death and Dismemberment Insurance * Disability: Short-term and ...

Interclypse Inc.

Data Analyst

Annapolis Junction, MD · On-site

Three (3) years of experience in data analytics * Experience as a data analyst or similar role with ... Life Insurance * Accidental Death and Dismemberment Insurance * Disability: Short-term and ...

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Insurance Data Analytics information

What is insurance data analytics?

An Insurance Data Analytics job involves analyzing large volumes of insurance-related data to identify trends, assess risks, detect fraud, and improve decision-making. Professionals in this field use statistical models, machine learning, and data visualization tools to extract insights that help insurers optimize pricing, enhance customer experience, and reduce losses. They work with claims data, policyholder information, and external data sources to drive business strategy. Strong analytical skills, proficiency in data tools like SQL, Python, or R, and knowledge of insurance principles are essential for success in this role.

What are the typical responsibilities of someone working in insurance data analytics?

Professionals in Insurance Data Analytics are responsible for collecting, cleaning, and analyzing large sets of insurance-related data to identify trends, assess risk, and inform business decisions. They commonly develop predictive models, generate reports, and provide actionable insights that help underwriting teams, actuarial staff, and business leaders optimize processes or pricing strategies. Day-to-day tasks may also include collaborating with IT and business units to define data requirements, presenting findings to non-technical stakeholders, and ensuring data integrity. This role often involves a mix of independent analysis and team-oriented projects, offering a dynamic and engaging work environment for problem solvers.

What are the key skills and qualifications needed to thrive in insurance data analytics?

To thrive in Insurance Data Analytics, you need a solid understanding of data analysis, statistics, and insurance industry concepts, usually supported by a degree in mathematics, statistics, finance, or a related field. Proficiency with analytical tools like SQL, Python, R, and data visualization platforms (such as Tableau or Power BI), as well as certifications like CPCU or advanced analytics credentials, are highly valued. Strong problem-solving abilities, attention to detail, and effective communication skills help analysts translate complex data into actionable business insights. These skills are crucial for driving informed decision-making, risk assessment, and operational improvements within insurance organizations.

How is data analytics used in insurance?

In insurance, data analytics is used by professionals to assess risk, set premiums, detect fraud, and improve customer segmentation. Analysts utilize tools like statistical models and machine learning algorithms to interpret large datasets, enabling more accurate underwriting and claims management. Strong analytical skills and knowledge of data visualization are essential for effective decision-making in this field.

What does a data analyst do in insurance?

An insurance data analyst examines large datasets to identify trends, assess risk, and support decision-making processes within insurance companies. They use tools like Excel, SQL, and data visualization software to interpret claims, policy data, and customer information, helping improve underwriting, pricing, and fraud detection.

What are the most commonly searched types of Insurance Data Analytics jobs in Maryland?

The most popular types of Insurance Data Analytics jobs in Maryland are:

What are popular job titles related to Insurance Data Analytics jobs in Maryland?

For Insurance Data Analytics jobs in Maryland, the most frequently searched job titles are:

What job categories do people searching Insurance Data Analytics jobs in Maryland look for?

The top searched job categories for Insurance Data Analytics jobs in Maryland are:

Insurance Data Analytics jobs near you
Infographic showing various Insurance Data Analytics job openings in Maryland as of August 2026, with employment types broken down into 1% As Needed, 74% Full Time, 21% Part Time, and 4% Contract. Highlights an 89% Physical, 1% Hybrid, and 10% Remote job distribution.

Analyst - Finalta Insurance

McKinsey & Company

Lisbon, MD • On-site

$22 - $30/hr

Full-time

Posted 23 days ago

McKinsey & Company rating

8.5

Company rating: 8.5 out of 10

Based on 22 frontline employees who took The Breakroom Quiz

20th of 72 rated business consultants

Job description

Do you want to do work that matters, alongside supportive leaders who will help you grow faster than you ever thought possible? Are you a creative problem-solver who is energized by challenges? You've come to the right place.
YOUR IMPACT
You will work within a small project team to analyze insurance data, evaluate results, generate actionable insights and recommendations and deliver these to your clients.
You will be liaising with our clients to gather data, conduct research and perform quantitative analysis. You'll be working with our team that covers our insurance clients and will have the opportunity to travel to client sites. Our projects typically run for 6 months; therefore, you will become an expert in data and topics.
You'll work with our Finalta team in Lisbon. Building on more than twenty years' experience working with leading banks and insurers, Finalta combines benchmark performance data and best-practice knowledge from 350 financial institutions in over 50 countries to generate insights on how to achieve superior performance.
Annual benchmarking provides clients with a unique management tool to objectively assess performance against peers and quantify opportunities for improvement. Our best-practice cases illustrate how to close performance gaps and give clients a roadmap to reach world-class performance while reducing the time, cost, and risk of change.
YOUR GROWTH
Driving lasting impact and building long-term capabilities with our clients is not easy work. You are the kind of person who thrives in a high performance/high reward culture - doing hard things, picking yourself up when you stumble, and having the resilience to try another way forward.
In return for your drive, determination, and curiosity, we'll provide the resources, mentorship, and opportunities you need to become a stronger leader faster than you ever thought possible. Your colleagues-at all levels-will invest deeply in your development, just as much as they invest in delivering exceptional results for clients. Every day, you'll receive apprenticeship, coaching, and exposure that will accelerate your growth in ways you won't find anywhere else.
When you join us, you will have:
  • Continuous learning: Our learning and apprenticeship culture, backed by structured programs, is all about helping you grow while creating an environment where feedback is clear, actionable, and focused on your development. The real magic happens when you take the input from others to heart and embrace the fast-paced learning experience, owning your journey.
  • A voice that matters: From day one, we value your ideas and contributions. You'll make a tangible impact by offering innovative ideas and practical solutions, all while upholding our unwavering commitment to ethics and integrity. We not only encourage diverse perspectives, but they are critical in driving us toward the best possible outcomes.
  • Global community: With colleagues across 65+ countries and over 100 different nationalities, our firm's diversity fuels creativity and helps us come up with the best solutions for our clients. Plus, you'll have the opportunity to learn from exceptional colleagues with diverse backgrounds and experiences.
  • World-class benefits: On top of a competitive salary (based on your location, experience, and skills), we provide a comprehensive benefits package to enable holistic well-being for you and your family.

YOUR QUALIFICATIONS AND SKILLS
  • +1 year of relevant internships or experience in strategy, financial services, consultancy or data analytics
  • Exceptional analytical skills and problem-solving capabilities
  • Excellent writing skills
  • Ability to manage time to produce high quality work to deadlines
  • Great interpersonal communications and client-management skills
  • Fluent level language skills in English are mandatory
  • Fluent level language skills in either Spanish or German is mandatory

Please review the additional requirements regarding essential job functions of McKinsey colleagues.
Our unwavering commitment to integrity drives everything we do, guiding us to always act in the best interests of our clients, our people, and the communities we serve.

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