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Let’s say that your company is running a standard control and variant AB test on a feature to increase conversion rates on the landing page. The PM checks the results and finds a .04 p-value.

How would you assess the validity of the result?

Experiment Validity

You are testing hundreds of hypotheses with many t-tests. What considerations should be made?

What is a key disadvantage of the F-test when compared to multiple t-tests?

What is a key disadvantage of the F-test when compared to multiple t-tests?

Hundreds of Hypotheses

You are testing hundreds of hypotheses with many t-tests. What considerations should be made?

Suppose there exists a new airline named Jetco that flies domestically across North America. Jetco recently had a study commissioned that tested the boarding time of every airline, and it came out that Jetco had the fastest average boarding times of any airline.

What factors could have biased this result, and what would you look into?

What could potentially bias the average boarding time in favor of an airline that only flies domestically?

What could potentially bias the average boarding time in favor of an airline that only flies domestically?

Boarding Times Bias

A new airline came out as the fastest average boarding times compared to other airlines.  What factors could have biased this result and what would you look into?

Njm Insurance Group Salaries by Position

Personal Lines Senior Insurance Product Manager Position Reports To: NJM Product Director General Summary: Based in our West Trenton (Ewing), New Jersey corporate office, The Personal Lines Senior Insurance Product Manager will be accountable for making product decisions and recommendations for the assigned Line of Business, seeing product changes from ideation to implementation. In this newly created position, you will collaborate with members of NJM senior leadership and Personal Lines State Managers on a regular basis. In this mission critical role, the successful candidate will be an integral part of the future of NJM and Personal Lines as they drive the business from a product development standpoint. Responsibilities: <ul> <li>Drive countrywide product growth and profitability for assigned lines of business </li><li>Proactively identify, evaluate, and recommend new product opportunities for assigned lines of business </li><li>Lead implementation of new products and enhancements to existing products </li><li>Develop both short and long-term project roadmaps for each product </li><li>Stay current on industry developments and trends as well as the regulatory environments </li><li>Develop strong working relationships with Actuarial, Underwriting, Claims, Contact Center, BP&A (Finance), Marketing and Business Process (BPU) </li><li>Provide support for financial planning and forecasting </li></ul>Skills, Knowledge and Abilities: <ul> <li>Strong data analytics capabilities along with a natural problem-solving curiosity </li><li>Advanced Excel and database skills; competent in other MS Office software </li><li>Committed to continuously learning, product development or management skills, etc. </li><li>Excellent and effective verbal and written communication and presentation skills </li></ul>Education and Experience: <ul> <li>Minimum 4-year college degree or equivalent; Mathematics, Statistics, Actuarial, Data Analytics, Economics, Finance, or other quantitative business degree preferred </li><li>Minimum 5-year work experience in a role such as actuarial or insurance product analytics with increasing responsibilities </li><li>A minimum of 1 to 2 successful years within a Product Development role within the property and casualty insurance industry </li><li>Must have excellent communication, interpersonal, and organizational skills </li></ul> Compensation and Benefits: The estimated salary range for the position is: $116,000 to $146,000. The salary is commensurate with relevant experience and credentials. The position also includes an annual incentive opportunity and a generous benefits package, including: Blue Cross health insurance, a 401k with a dollar for dollar match up to 8% with immediate vesting, a tuition assistance program, dental and vision benefits, a generous PTO plan, and much more. Legal Disclaimer: NJM is proud to be an equal opportunity employer. We are committed to attracting, retaining and promoting a diverse and inclusive workforce that is fully representative of the diversity that exists in the communities in which we do business.

The SIU is seeking a Data Analyst (has the ability to be filled at the Associate level) to join its Analytics Team in their efforts to combat insurance fraud through technology and data analytics. This highly motivated and driven individual will conduct data mining and analysis to identify fraudulent activities and areas requiring investigation. The analyst will be able to exercise their decision-making skills and creativity in the development of data projects, analytical dashboards, and predictive fraud models. This individual will also assist in technological initiatives that support department goals and NJM’s strategic initiatives.

This position can be based in West Trenton, Hammonton or Parsippany and requires 3 days in the office with the opportunity to work 2 days at home.

Job Responsibilities Demonstrates ability to create and run queries selecting data elements, and filtering and sorting the data.
Understanding of relational databases and data modeling concepts and has ability to perform basic SQL concepts and ad-hoc queries.
Works collaboratively within cross-functional teams to address and prioritize department and company data reporting and business needs.
Participates in data requirement elicitation, analysis, mapping, and testing activities for department's business technology solutions.
Evaluates and monitors the department's metrics and proactively documents trends with detailed descriptions of possible business impacts.
Develops, generates, and revises routine and ad-hoc detail and summary level reports, including written interpretation of analytic results and report automation.
Leverages internal and external data sources in analytical efforts to identify new avenues for data mining and exploration of issues related to fraud and to support SIU business needs.
Ensures that predictive models continue to perform optimally through ongoing data validation and communication with the SIU Analytics Team, vendor and NJM IT resources. Identifies technical and business process issues and explores solutions with Senior Analysts and Team leadership to address and resolve them.
As needed, supports, and performs fair, thorough, and efficient investigations in keeping with departmental standards, including use of investigative plans, case reviews and NJM data governance protocols. Communicates investigative results as required by departmental standards, with supervisory personnel, and internal and external customers.
Develops and provides technical training, technical assistance, and technical support to the SIU staff as needed.
Required Qualifications And Experience Bachelor’s Degree required
Must have experience conducting data analysis or have equivalent educational background
Prior SIU experience is a plus
Experience using SAS, Power BI and Python is a plus
Excellent organizational, interpersonal, written and verbal communication skills
Pro-active and self-motivated with an ability to learn quickly and adapt to change
Detail-oriented with a strong aptitude for analysis
Strong social media and internet research skills
Knowledge of the internal and external databases including Guidewire solutions and data
Must have experience with Microsoft applications including Access, PowerPoint, and Excel (pivot tables, functions, and data visuals)
Exposure to database technologies; experience with SQL preferred
Adhere to strict confidentiality
Occasional travel to other NJM facilities and other general travel as needed.
The Salary range for this role is $69,880 - $83,700. Compensation is commensurate with experience and credentials.

Legal Disclaimer: NJM is proud to be an equal opportunity employer. We are committed to attracting, retaining and promoting a diverse and inclusive workforce that is fully representative of the diversity that exists in the communities in which we do business.

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Njm Insurance Group Interview Questions

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Njm Insurance Group Interview Questions

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