Analytic Consultant Job Description

Analytic Consultant Job Description

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Analytic consultant provides data science and Big Data consulting services to across a wide variety of industries, including auto, financial, retail, healthcare and insurance.

Analytic Consultant Duties & Responsibilities

To write an effective analytic consultant job description, begin by listing detailed duties, responsibilities and expectations. We have included analytic consultant job description templates that you can modify and use.

Sample responsibilities for this position include:

Perform required analysis of Long Run Average and Downturn Estimates to ensure values are accurate and stable over time
Identify gaps in existing data, models, policies, and processes between an institution’s current state and what is required by IASB’s new standard IFRS9
Execute modifications to modeling & reporting for loss provisions, to be compliant with IFRS9
Conduct detailed knowledge transfer to ensure clients understand methodologies used to produce estimates and can perform ongoing validation of the models
Work simultaneously on a number of different projects of varying length and complexity
Participate in introduction call, scoping visit and discovery visit to review current workflow, analyze operational processes, and determine future workflow and operational processes
Participate in weekly project meetings with members of the implementation team (internal and external) to review the project task plan and evaluate progress
Interface with the client stakeholders, military personnel, and data providers to ensure that the team has maximal buy-in for its activities can collect data it needs and provides its clients the most decision-worthy recommendations/advice
Execute analytical workstreams to include building hypotheses- generating tests for those hypotheses, knowing where and how to get the data for those tests, conducting those tests, quality controlling the results and documenting the implications of those results in client-ready deck pages
Contribute to product storyboards scoping of analytical tasks and project objectives (based on analytic feasibility)

Analytic Consultant Qualifications

Qualifications for a job description may include education, certification, and experience.

Licensing or Certifications for Analytic Consultant

List any licenses or certifications required by the position: AHFI, CFE, RHIA

Education for Analytic Consultant

Typically a job would require a certain level of education.

Employers hiring for the analytic consultant job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Statistics, Mathematics, Engineering, Computer Science, Physics, Economics, Technical, Marketing, Applied Mathematics, Finance

Skills for Analytic Consultant

Desired skills for analytic consultant include:

Healthcare cost and quality topics
Advanced analytics
Consumer and marketing drivers of sales volume
Healthcare insurance claims from clinical
SAS
SQL
Access
Administrative experience
Parsing large quantity of data
Similar data analysis software tools

Desired experience for analytic consultant includes:

Design and develop PD, LGD, and EAD models using appropriate methodologies as per local regulatory requirements
Proactively manage effort to increase client satisfaction and maximize revenue
Advanced degree in mathematics, statistics, physics, engineering or similar technical field with relevant course work in probability, statistics and quantitative methods
8-12 years of core analytical experience with at least 5 years of analytical project management
Should have developed
Hands on experience of developing PD/, EAD/ and LGD models, and run RWA capital calculations, and be fully .conversant with the Basel regulatory guidelines

Analytic Consultant Examples

1

Analytic Consultant Job Description

Job Description Example
Our company is growing rapidly and is looking for an analytic consultant. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for analytic consultant
  • Set priorities and manage projects of small to medium scope
  • Review project variances against deliverables
  • Set priorities and manage large and highly complex projects
  • Interact with clients in a professional manner and respond quickly to customer requests
  • Provide on-site support (e.g., requests for ad hoc reporting assistance, miscellaneous research, advise on analytic methods/dashboard design) and training to client end users
  • Design and conduct complex data analysis using skills in statistics and database management
  • Analyze data relevant to the Medicaid population, , prepare demographic profiles, evaluate service utilization, monitor managed care programs, model financial impact of policy changes
  • Lead efforts to assess and improve the quality of managed care encounter data
  • Develop queries and prepare reports including dashboards that highlight performance metrics and trends in an intuitive way
  • Contribute to development and roll out of new analytic solution packages across the market
Qualifications for analytic consultant
  • Ability to code in PHP, Python, R or other comparable scripting language(s)
  • Direct involvement in Basel model presentations to regulators and working on IAS39 to IFRS9 transitions would be an added plus
  • Strong command of language with ability to communicate persuasively and effectively
  • Design and develop state-of-the-art, data-driven exploratory analysis predictive and decision models to solve clients’ business problems across different industries including auto, financial, retail and insurance
  • Perform required analysis of Long Run Average and Downturn Estimates to ensure values are accurate and stable over time, and make IFRS adjustments for loan loss provisioning
  • Detailed knowledge transfer to ensure client’s team understands methodologies used to produce estimates and can perform ongoing validation of the models
2

Analytic Consultant Job Description

Job Description Example
Our company is growing rapidly and is looking to fill the role of analytic consultant. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for analytic consultant
  • Design data/analytic projects with an accurate estimate of effort in a project plan
  • Clarify scope and design issues, communicate status and results, and develop appropriate deliverable documentation
  • Ensure all reports and deliverables are completed accurately and on-time
  • Analyze health care claims data for the State Medicaid Surveillance Utilization Review Program Integrity department to identify potential fraud and abuse by providers and/or recipients
  • Prepare formal write-ups detailing algorithm parameters, programming and results
  • Research Iowa policies, provider manuals and provider communications
  • Perform drill down reporting on suspicious providers and/or recipients and create reports to show the dollars paid and the potential recovery
  • Provide recommendations for next steps in the investigation of algorithm results, opportunities for Iowa Medicaid policy clarification, provider education and/or claim edit enhancement as methods of cost avoidance
  • Work in a team setting and independently perform detailed claims analysis using Truven Health’s tools which are proprietary software tools
  • Update internal team databases and the case tracking tool to reflect project status
Qualifications for analytic consultant
  • 6-9 years of core analytical experience with at least 3 years of project/ people management
  • Should have developed PD/ EAD/ LGD models, run RWA capital calculations, and be fully conversant with the Basel regulatory guidelines
  • Design and develop state-of-the-art, data-driven exploratory analysis predictive and decision models to solve business problems across financial services industry
  • Must be able to work under tight deadlines and changing priorities
  • Experience working as a healthcare consultant, client relationship experience
  • Successful project management experience setting priorities, identifying roadblocks and working to get them removed, and understanding the importance of meeting client/internal deadlines
3

Analytic Consultant Job Description

Job Description Example
Our growing company is searching for experienced candidates for the position of analytic consultant. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for analytic consultant
  • Create draft provider audit letters and mail merges for completed algorithms
  • Provide on-site and/or telephone support (e.g., client inquiries, ad hoc reporting assistance, miscellaneous research, advice on analytic methods) and training as requested by client end users and management
  • Through the use of analytic findings, define problems and recommend appropriate solutions to clients, other team members and management taking into account the project budget, the sophistication of the user and the intended use of project results
  • Demonstrates increasing responsibility for completion and ownership of projects and/or tasks with a significant impact on a department or function
  • Become proficient in Truven Health proprietary data analysis and audit tools to enhance the effectiveness of services and deliverables
  • Review and understand the client's Summary Plan Descriptions, Administrative Services Agreements, State Plans, policy manuals, to support analysis and audits
  • Conduct complex data analysis using skills in statistics and database management
  • Provide peer review of deliverables to ensure technical accuracy and quality of work
  • Work with clients and project team(s) to track results and return on investment from analytics
  • Contribute to development and dissemination of new analytic solution packages
Qualifications for analytic consultant
  • Proficiency in data management and processing
  • Demonstrated background in quantitative analysis, especially concepts related to statistical analysis
  • 3+ years of experience consulting with internal and external clients to drive insights and action from analytics
  • 1+ years of experience working in PBM and /or managed care
  • 1+ years of experience preparing and giving formal presentations to clients
  • Consulting experience within a PBM
4

Analytic Consultant Job Description

Job Description Example
Our innovative and growing company is searching for experienced candidates for the position of analytic consultant. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for analytic consultant
  • Assessing and determining the correct modelling approach for each project is vital
  • Work with the wider strategy team and other staff to engage with prospects and clients to win new business
  • Establish a solid understanding of the health care ecosystem and constituent experience
  • Works closely with the client team to identify and understand client’s healthcare information needs
  • Assists with the development and documentation of analytical results, the presentation of these results to clients
  • Through the use of analytic findings, defines problems and recommends appropriate solutions to clients, other team members and management taking into account the project budget, the sophistication of the user and the intended use of project results
  • Supports other team members with analytic activities, including assisting with the development of algorithms to detect healthcare fraud, waste and abuse
  • Exhibits independent judgment on a daily basis in order to work independently with minimal supervision
  • Demonstrates an understanding of the department’s role and the role of the business unit through daily interaction with cross-functional staff/teams
  • Works in a team setting and independently performs detailed analysis using proprietary software tools, industry leading analytic tools
Qualifications for analytic consultant
  • 3+ years of experience using advanced analytical techniques to solve business problems in a digital marketing environment
  • Minimum of 10 years of experience designing / developing / delivering technical training
  • BS or BA degree in instructional design, communications, computer science, programming or other related discipline
  • Experience with some enterprise architecture, ecosystem architecture or analytic ecosystems highly desired
  • Minimum of 5 years practical experience using instructional development tools, may include Camtasia for video editing, gamification, or authoring tools such as Lectora/Captivate
  • Experience applying Adult Learning principles
5

Analytic Consultant Job Description

Job Description Example
Our innovative and growing company is hiring for an analytic consultant. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for analytic consultant
  • Researches policies, provider manuals, provider communications, law and coding guidelines related to analytic projects
  • Acquires an industry understanding, through online workshops and conference calls, of program integrity schemes and trends
  • Provides on-site and/or telephone support
  • Demonstrates increasing responsibility and ownership for completion of projects and/or tasks
  • Assists with data validation testing, as needed
  • Analyze heath care claims data for the State Medicaid Surveillance Utilization Review program Integrity unit to identify potential fraud, waste, abuse and service utilization issues by providers, managed care entities and/or recipients
  • Prepare formal write-ups detailing algorithim parameters, programming and results
  • Research Iowa policies, provider manuals, managed care service requirements/contracts and provider communications
  • Perform drill down reporting on suspicious providers and recipients and create reports to show the dollars paid and the potential recovery
  • Provide recommendations for next steps in the investigation of analysis results, opportunities for Iowa Medicaid policy clairification, provider education and claim edit enhancement as methods of cost avoidance
Qualifications for analytic consultant
  • Degree in Computer Science, Mathematics, Management Science, or relevant area (MBA or Master’s degree preferred)
  • Demonstrable ability to devise creative, brain-based methods that enable audiences to learn effectively
  • Excel in learning quickly, working independently and as part of a cross-functional virtual project team that may include enterprise architects, ecosystem architecture experts, Professional Services experts, other Learning associates
  • At least 8 years of experience in delivering complex products and studies/reports
  • Ability to use object oriented languages such as C++/Java and/or scripting languages such as Perl to manipulate data for purposes of model development and financial industry experience is a plus
  • A Masters or Bachelor’s degree in a technical field

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