drjobs Senior Data Scientist

Employer Active

1 Vacancy
drjobs

Job Alert

You will be updated with latest job alerts via email
Valid email field required
Send jobs
Send me jobs like this
drjobs

Job Alert

You will be updated with latest job alerts via email

Valid email field required
Send jobs
Job Location drjobs

Chicago, IL - USA

Monthly Salary drjobs

$ 100000 - 200000

Vacancy

1 Vacancy

Job Description

Summary

Data Scientists in GEICOs Pricing Department forecast business results based on inmarket and proposed rating plan changes and provide leaders with options for rating plan changes that are optimized based on changing business goals regulations and market conditions. Taken together these functions provide leaders with information to improve business decision making and provide expectations that can be measured against when changes are made to GEICOs rating plans. Data Scientists in GEICOs Pricing Department deliver these capabilities by applying skills from data engineering data science actuarial science statistics competitive and market analysis to internal and external data.

Essential Functions

  • Leads collaborations with State Management Product Management Finance Technology and Pricing to identify and define analytic initiatives formulate strategies design rating plan structural enhancements and develop solutions to achieve business goals through effective use of data and pricing and machine learning models.

  • Interprets and communicates data findings and insights using visualization formal presentations written memos and other appropriate formats.

  • Leads the preparation of statistical exhibits from pricing research or loss reserve analyses for internal management decision making or to fulfill statutory reporting requirements.

  • Identifies appropriate actuarial statistical and machine learning methods for assigned work. Reviews methodologies of other analysts.

  • Identifies extracts aggregates and synthesizes data using SQL R SAS Python or other appropriate languages to enable analysis model development and solution deployment.

  • Applies actuarial and data science skills to analyze large complex datasets and identify meaningful patterns that lead to actionable insights and datadriven solutions to business problems.

  • Builds tests and validates pricing econometric statistical and machine learning models and analyses using Python R or other appropriate language as part of overall solution development.

  • Leads implementation of analytic solutions into reporting platforms or production systems by leading the solution design development testing and monitoring.

  • Discovers analyzes evaluates and leads adoption of new data or new uses for existing data to improve the quality efficiency and business value of data and analytic solutions.

  • Discovers analyzes evaluates and leads adoption of new pricing and data science methods to improve the quality efficiency and business value of data and analytic solutions.

  • Assists with developing department business plans. Reviews plans periodically to achieve efficiency where possible. Monitors results against specific goals to ensure completion and business impacts are achieved.

  • Develops and executes project plans tracking to defined timelines and escalating issues and blockers.

  • Develops and adheres to documentation project management coding and development best practices.

Candidate Qualifications and Skills

  • 4 years industry experience in data science and insurance pricing/ratemaking roles with a deep understanding of both.

  • Deep understanding and experience with advanced statistics and modern machine learning techniques such as GLMs decision trees forests boosted ensembles etc. Deep understanding of principles of insurance ratemaking.

  • Superior coding skills using common data science tools such as Python R Shiny SQL PowerBI Excel or other statistical programming languages etc

  • Excellent skill and significant experience in data engineering and processing using SQL Hive Impala Spark or equivalent querying language

  • Strong experience with distributed storage and big data computing technology such as AWS Hadoop or Spark

  • Actuarial FCAS or advanced degree in a quantitative discipline such as statistics data science computer science mathematics economics etc.

  • Intellectual curiosity and ability to thrive in a team environment that is constantly changing

  • Demonstrated ability to learn new technical concepts and to adapt to new technologies quickly

  • Ability to communicate in a clear concise professional oral or written manner to be understood by technical and nontechnical colleagues

Annual Salary $100000$200000

Location

  • This is a hybrid role onsite 3 days per week at Chevy Chase MD Chicago IL or New York NY.


Annual Salary

$0.00 $0.00

The above annual salary range is a general guideline. Multiple factors are taken into consideration to arrive at the final hourly rate/ annual salary to be offered to the selected candidate. Factors include but are not limited to the scope and responsibilities of the role the selected candidates work experience education and training the work location as well as market and business considerations.


At this time GEICO will not sponsor a new applicant for employment authorization for this position.


Benefits:

As an Associate youll enjoy our Total Rewards Program* to help secure your financial future and preserve your health and wellbeing including:

*Benefits may be different by location. Benefit eligibility requirements vary and may include length of service.

**Coverage begins on the date of hire. Must enroll in New Hire Benefits within 30 days of the date of hire for coverage to take effect.

The equal employment opportunity policy of the GEICO Companies provides for a fair and equal employment opportunity for all associates and job applicants regardless of race color religious creed national origin ancestry age gender pregnancy sexual orientation gender identity marital status familial status disability or genetic information in compliance with applicable federal state and local law. GEICO hires and promotes individuals solely on the basis of their qualifications for the job to be filled.

GEICO reasonably accommodates qualified individuals with disabilities to enable them to receive equal employment opportunity and/or perform the essential functions of the job unless the accommodation would impose an undue hardship to the Company. This applies to all applicants and associates. GEICO also provides a work environment in which each associate is able to be productive and work to the best of their ability. We do not condone or tolerate an atmosphere of intimidation or harassment. We expect and require the cooperation of all associates in maintaining an atmosphere free from discrimination and harassment with mutual respect by and for all associates and applicants.


Required Experience:

Senior IC

Employment Type

Full-Time

Report This Job
Disclaimer: Drjobpro.com is only a platform that connects job seekers and employers. Applicants are advised to conduct their own independent research into the credentials of the prospective employer.We always make certain that our clients do not endorse any request for money payments, thus we advise against sharing any personal or bank-related information with any third party. If you suspect fraud or malpractice, please contact us via contact us page.