Data Scientist – Insurance Modeling
Location
United States
Posted
54 days ago
Salary
$80K - $136.6K / year
Bachelor Degree3 yrs expEnglishPythonSQL
Job Description
• Uses best practices and traditional statistical/modeling techniques to develop and maintain rating, economic and other models as necessary and in consideration of the business goals of the model
• Provide tools, educate and support state teams in the implementation of models and other decision-making support
• Follows appropriate analyses to be conducted for projects to make recommendations to achieve corporate goals
• With minimal direction plans, implements, manages, and/or contributes on projects that are up to moderate complexity and are small-to moderate scale using accepted project management standards
• Forecasts short-term and long-term deliverables with assistance
• Tracks own plan performance and project timeline and communicates and presents project status
• Ensures project controls are in place throughout the lifecycle of the project within own tasks
• Supports the development/ design of new plans, programs, processes, products up to moderate complexity
• Assists in the development of communication strategies and materials to support new plans, programs, processes, products; solicits input from stakeholders
• Participates in the evaluation of procedures and processes regularly and makes observations or suggests improvements
• Contributes to market share growth and profitability by recommending changes to products, pricing, risk management
• Understands standard market specific implications of business strategies
• Assures proper execution of regulatory/legislative practices for Product Management
• Understands and follows internal and external compliance requirements/standards
• Trains/coaches team members or peers and actively shares expertise with peers
Job Requirements
- Bachelor’s degree – preferably in related field of study such as finance, math/applied math, statistics/applied statistics, economics
- Proven insurance business knowledge – for example, understands economics of insurance, familiarity with personal lines ratemaking and rating plans, etc.
- Several years of experience working in personal or commercial lines of insurance
- Aptitude and strong interest in statistical modeling techniques such as linear regression, logistic regression, GLM, GAM, GBM, etc. - some modeling experience is helpful but not required
- Standard knowledge in the use of data sources and applications to conduct research
- Strong technical aptitude, such as programming experience with Python, R, SAS, or SQL required.
- Working knowledge of insurance regulation and related business constraints
- Has an understanding of current industry and professional standards/ environment to impact decisions and indicate requirements
- Can analyze data and review analysis from others and identify and resolve basic data issues
- Intermediate computer proficiency in Microsoft Office
- Possesses working knowledge of policies and procedures in management or other technical fields
- Strong written and verbal communication skills including the ability to effectively collaborate with multi-disciplinary groups and all organizational levels
- High level organizational and project management skills in order to handle multiple concurrent assignments in a timely manner and to monitor processes throughout a team or department
- Strong decision-making skills
- Works effectively in a team environment
Benefits
- Support for those seeking the Certified Specialist in Predictive Analytics (CSPA) credential
Related Guides
Related Categories
Related Job Pages
More Data Scientist Jobs
Data Scientist
decircleTalent Partner for decentralized organizations and projects that are building Web3.
Data Scientist55 days ago
Full TimeRemoteTeam 1-10Since 2019H1B No Sponsor
Data Scientist building decentralized technologies for global financial markets
BigQueryCloudETLGoogle Cloud PlatformPythonSQL
New York
Staff Data Scientist – Identity Graph
SocureThe leading provider of digital identity verification and fraud solutions. Salesinfo@socure.com
Data Scientist58 days ago
Full TimeRemoteTeam 501-1,000Since 2012H1B Sponsor
Staff Data Scientist leading data science and R&D efforts for identity graph.
PySparkPython
Data Scientist58 days ago
Full TimeRemoteTeam 51-200H1B Sponsor
Data Scientist analyzing customer data to generate insights and measure impact
NumpyPandasPythonScikit-LearnSQLTableau
United States
Data Scientist58 days ago
Full TimeRemoteTeam 501-1,000Since 2015H1B Sponsor
Data Science Manager overseeing Safety Data Science & Analytics team at Discord
AirflowPythonSQLTableau