Sr P&C Data Scientist
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Job Location:
Chicago, IL - USA
Monthly Salary:
Not Disclosed
Posted on:
7 hours ago
Vacancies:
1 Vacancy
Job Summary
Argo Group and Farm Family are specialty property and casualty insurance brands whose underwriting companies are wholly owned subsidiaries of Brookfield Wealth Solutions a leading provider of wealth and insurance solutions. Argo and Farm Family partner with agents and brokers to help businesses stay in business delivering collaborative insurance solutions for niche markets.
Job Description
Purpose of the Role
The Senior P&C Data Scientist owns the development and improvement of analytical models and insights that inform pricing underwriting and portfolio management decisions. This role applies statistical machine learning and data analysis techniques to insurance data to improve risk segmentation and rate adequacy supporting profitable growth across products and locations.
Operating with a high level of independence and accountability the role partners closely with pricing actuaries underwriting claims distribution product and IT professionals to translate business questions into analytical solutions implement models into pricing workflows and monitor performance over time. The Senior P&C Data Scientist also mentors lessexperienced team members and contributes to the continued maturation of the pricing analytics function.
Key Responsibilities
Pricing & Insurance Analytics
Develop refine and maintain analytical models supporting P&C pricing including frequency severity pure premium risk segmentation persistency and portfolio optimization models
Independently own pricing models translating analytical results into actionable recommendations
Apply insurance domain knowledge (e.g. coverage exposure underwriting rules regulatory considerations) in model design development interpretation and business use
Modeling & Data Science Execution
Own the endtoend analytical lifecycle for complex initiatives: data exploration feature engineering model building validation implementation monitoring and enhancement
Select and apply statistical and machine learning techniques appropriate for pricing use cases balancing predictive performance stability interpretability and regulatory considerations
Design and execute validation frameworks to assess model performance stability and business impact
Drive the implementation of models and analytical outputs into pricing and reporting workflows
Data & Technical Skills
Work independently with large structured and semistructured datasets using SQL and analytical programming languages (e.g. Python or R)
Establish and uphold high standards for data quality reproducibility documentation and version control
Follow model development best practices and model risk governance standards
Business Partnership & Communication
Serve as a trusted analytics partner to actuarial underwriting distribution and product stakeholders
Translate technical analyses into clear actionable insights using appropriate visualizations and written summaries
Influence decisionmaking by framing tradeoffs risks and opportunities using datadriven narratives
Respond to feedback and iterate on analyses to better support business decisions
Present analytical findings to senior management and crossfunctional leadership
Coaching & Continuous Improvement
Mentor and provide technical guidance to P&C Data Scientist I and II team members through code reviews modeling discussions and project support
Contribute to the development of analytical standards best practices and reusable modeling frameworks
Stay current on P&C industry trends pricing methodologies and analytical best practices within P&C insurance
Proactively identify opportunities to improve models processes data usage and business outcomes within the pricing analytics function
Required Qualifications
Bachelors degree in mathematics statistics actuarial science computer science data science or a related quantitative field
Five years of relevant experience in data science analytics pricing actuarial or related quantitative roles
A masters degree may be considered in lieu of one to two years of experience
Advanced proficiency in analytical programming languages and tools (e.g. SQL Python R)
Experience working with large complex datasets and applying statistical or machine learning methods to realworld business problems
Strong analytical judgment problemsolving ability and communication skills
Proven ability to work independently and own complex analytical models
Preferred Qualifications
Significant experience in Property & Casualty insurance particularly pricing ratemaking underwriting analytics or actuarial support
Familiarity with several predictive modeling techniques (e.g. GLMs treebased models gradient boosting)
Familiarity with regulatory and governance considerations related to pricing and underwriting
Experience implementing and monitoring models in production or business workflows
Experience mentoring and reviewing the work of junior coworkers
Job Level
Job Family: P&C Data Scientist
Level: Senior P&C Data Scientist
Career Path:
P&C Data Scientist I
P&C Data Scientist II
Senior P&C Data Scientist
Lead P&C Data Scientist
The base salary range is $92000 - $150000 (based on experience and location). Were proud to offer a range of competitive and comprehensive benefits packages.
PLEASE NOTE:
Applicants must be legally authorized to work in the United States. At this time we are not able to sponsor or assume sponsorship of employment visas.
If you have a disability under the Americans with Disabilities Act or similar state or local law and you wish to discuss potential reasonable accommodations related to applying for employment with us please contact our Benefits Department at .
Notice to Recruitment Agencies:
Resumes submitted for this or any other position without prior authorization from Human Resources will be considered unsolicited. BWS and / or its affiliates will not be responsible for any fees associated with unsolicited submissions.
We are an Equal Opportunity Employer. We do not discriminate on the basis of age ancestry color gender gender expression gender identity genetic information marital status national origin or citizenship (including language use restrictions) denial of family and medical care leave disability (mental and physical) including HIV and AIDS medical condition (including cancer and genetic characteristics) race religious creed (including religious dress and grooming practices) sex (including pregnancy child birth breastfeeding and medical conditions related to pregnancy child birth or breastfeeding) sexual orientation military or veteran status or other status protected by laws or regulations in the locations where we operate. We do not tolerate discrimination or harassment based on any of these characteristics.
The collection of your personal information is subject to ourHR Privacy Notice
Benefits and Compensation
We offer a competitive compensation package performance-based incentives and a comprehensive benefits programincluding health dental vision 401(k) with company match paid time off and professional development opportunities.
Required Experience:
Senior IC
Key Skills
About Company
Since 1905, American National Insurance Company, founded and headquartered Galveston, Texas, has successfully managed a broad portfolio of insurance and financial products and services, to deliver on our promise to be there for our clients and communities when they need us most. Our ... View more
