Market Data Analyst

Market Data Analyst

Job  | Agency:
Department of Labor & Regulation |

Location:

Pierre, SD | Salary: $28.54 - $36.00/hr. (depending on qualifications) | Pay Grade: J | Closing Date:
Open Until Filled

The South Dakota Division of Insurance's mission is to protect the public by providing assistance, fair regulation, and promoting a healthy, competitive market. We do so in a team-focused work environment. The team works together to protect the citizens of South Dakota when navigating the insurance and securities markets. Monitoring the insurance market nationally and in South Dakota is a vital piece of our mission.

The Market Data Analyst plans and oversees the Division of Insurance’s market analytics program with a strong emphasis on data-driven regulatory oversight. This role analyzes insurer practices related to claims handling, underwriting, marketing, sales, producer conduct, and consumer complaint resolution utilizing a wide variety of comprehensive data. The individual supports market conduct investigations and examinations, evaluates insurer practices, and leverages advanced data analysis to identify trends, risks, and emerging compliance issues.

The position develops and refines analytical frameworks, improves data quality, reporting processes, and integrates technology to enhance the efficiency and accuracy of regulatory oversight. The candidate works with management to build reporting models, apply statistical inference, causal analysis, and geographical analysis. Collaboration will take place with internal and external stakeholders including NAIC work groups and multi‑state exam teams.

• A highly motivated person with a passion for serving the public who displays a high level of effort and commitment towards completing assignments and goals.
• An individual who listens attentively to others and clearly conveys information and ideas.
• A dependable and organized individual who effectively plans and completes work activities.
• An individual who works cooperatively with others and promotes a friendly work climate in order to achieve shared goals.
• Excellent written and verbal communication skills, including presenting complex data clearly.

• Bachelor’s degree in business, statistics, data science, finance, or related field.
• Demonstrated experience using data analytics, statistical tools, or business intelligence platforms.
• Strong analytical, investigative, and problem‑solving skills; ability to translate data into meaningful reporting.

• Statistical tools such as Python-based analysis, R, SAS, SQL, and advanced Excel functions.
• Business intelligence tools (Power BI, Tableau, Thought Spot, GIS or similar tools).
• MS Word, Excel, Adobe and other related software programs.

• Integrate analytics into investigative scoping and prioritization, using risk indicators and quantitative analysis.
• Assess compliance with state laws; identify deficiencies and quantify impacts using data-supported reasoning.
• Prepare reports or internal memos, ensuring findings are backed by clear data evidence.
• Coordinate with internal teams, including legal, enforcement, consumer services, and IT/data specialists to advance the use of analytics across Division functions.
• Produce dashboards, performance metrics, and analytics briefs for leadership, legislative inquiries, and policy planning.

To be considered, please attach your resume.

The State of South Dakota offers a $0 premium employee health insurance option plus eleven paid holidays, generous vacation and sick leave accrual, dental, vision, and other insurance options, and retirement benefits. This position is a member of Class A retirement under SDRS.

South Dakota is an Equal Opportunity Employer.