P&C Data Scientist II
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Job Location:
Chicago, IL - USA
Monthly Salary:
Not Disclosed
Posted on:
Yesterday
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
P&C Data Scientist II
Purpose of the Role
The P&C Data Scientist II supports 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.
The P&C Data Scientist II works closely with pricing actuaries underwriting claims distribution product partners data experts and IT professionals to translate business questions into analytical solutions implement models into pricing workflows and monitor performance over time. This role operates with moderate independence while receiving guidance on more complex problems.
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
- Support pricing indications rate change analyses and segmentation testing under guidance from senior analytics or actuarial partners
- Incorporate insurance domain knowledge (e.g. coverage exposure underwriting rules regulatory considerations) into model development and interpretation
Modeling & Data Science Execution
- Participate in the endtoend analytical lifecycle for complex initiatives: data exploration feature engineering model development validation implementation and monitoring
- Apply statistical and machine learning techniques appropriate for pricing use cases balancing predictive performance stability interpretability and regulatory considerations
- Implement models and analytical outputs into existing pricing and reporting workflows
Data & Technical Skills
- Work with large structured and semistructured datasets using SQL and analytical programming languages (e.g. Python or R)
- Ensure data quality reproducibility and proper documentation of models assumptions and results
- Follow model development best practices and model risk governance standards
Business Partnership & Communication
- Collaborate with actuarial underwriting distribution and product stakeholders to define analytical questions and success criteria
- Translate technical analyses into clear actionable insights using appropriate visualizations and written summaries
- Respond to feedback and iterate on analyses to better support business decisions
Continuous Improvement
- Stay current on industry trends pricing methodologies and analytical best practices within P&C insurance
- Contribute ideas for improving models processes and data usage within the pricing analytics function
Required Qualifications
- Bachelors degree in mathematics statistics actuarial science computer science data science or a related quantitative field
- Two to four 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
- 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 thinking problemsolving and communication skills
Preferred Qualifications
- Experience in Property & Casualty insurance particularly pricing ratemaking underwriting analytics or actuarial support
- Familiarity with common predictive modeling techniques (e.g. GLMs treebased models gradient boosting)
- Experience implementing and monitoring models in production or business workflows
Job Level
- Job Family: P&C Data Scientist
- Level: P&C Data Scientist II
- 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 $80000 - $138000 (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:
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
