Data Scientist - Cohort Modeling

Chubb Ltd

CT

JOB DETAILS
SALARY
$124,000–$180,000 Per Year
SKILLS
Algorithms, Analysis Skills, Artificial Intelligence (AI), Business Processes, Business Support, Claims Processing, Communication Skills, Computer Science, Data Analysis, Data Management, Data Science, Data Sets, Documentation Models, GitHub, Incentive Programs, Insurance, Machine Learning, Marketing, Mathematics, Multitasking, Multivariate Analysis, Natural Language Processing (NLP), Organizational Skills, Performance Analysis, Predictive Modeling, Presentation/Verbal Skills, Problem Solving Skills, Process Modeling, Profit & Loss, Project Tracking, Python Programming/Scripting Language, R Programming Language, SQL (Structured Query Language), Statistics, Team Lead/Manager, Team Player, Test Design, Time Management, Training/Teaching, Underwriting, Writing Skills
LOCATION
CT
POSTED
24 days ago
  • Build predictive models and analytic solutions, including cohort models, with minimal supervision to support underwriting and marketing functions within Chubb
  • Assist in brainstorming potential data sources that may contain predictive variables for cohort analysis. Identify, acquire, evaluate, and document data from various internal and external sources
  • Collaborate in extracting and manipulating data using data management tools, focusing on cohort segmentation and tracking from internal and external sources
  • Understand and combine data from multiple sources to create analytics data sets, including cohort-based datasets. Develop a strong working knowledge of how current systems and data sources are populated and sourced.
  • Analyze data, draw meaningful conclusions, and assist in developing cohort-based solutions to help drive profitability and/or growth.
  • Introduce novel methodologies, algorithms, tools, and technologies-including cohort modeling techniques-to solve assigned problems.
  • Communicate and present findings, including cohort insights, to business partners to ensure successful integration of projects into business processes. Proactively follow up on any issues raised during presentations.
  • Participate in developing solutions to implement models, including cohort models, into production. Work with IT in the design and testing of models.
  • Support business requests requiring statistical analysis, including cohort segmentation and performance tracking.
  • May lead a small team of direct reports (1-2 analysts): create goals, oversee projects on a regular basis, and provide timely feedback.
  • Provide training, guidance, and assistance to colleagues on cohort modeling and related analytics techniques.
  • Collaborate with other analytics teams (e.g., Applied AI, Emerging Risks) to achieve objectives, including cohort-based analyses.
  • Build partnerships with key counterparts to advance cohort modeling initiatives.
  • Monitor the performance and usage of models, including cohort models. Ensure that reports suit the needs of the audience.
  • Create and maintain clear and concise documentation associated with models, including cohort modeling processes and outcomes.

Chubb is a world leader in insurance. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance to a diverse group of clients. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally.

At Chubb, we are committed to equal employment opportunity and compliance with all laws and regulations pertaining to it. Our policy is to provide employment, training, compensation, promotion, and other conditions or opportunities of employment, without regard to race, color, religious creed, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin, ancestry, mental and physical disability, medical condition, genetic information, military and veteran status, age, and pregnancy or any other characteristic protected by law. Performance and qualifications are the only basis upon which we hire, assign, promote, compensate, develop and retain employees. Chubb prohibits all unlawful discrimination, harassment and retaliation against any individual who reports discrimination or harassment.

  • Minimum of a Bachelor's Degree, preferably in Statistics, Mathematics, Analytics, or Computer Science. Advanced degree in Statistics or Predictive Analytics is strongly preferred.
  • 5+ years of predictive analytics experience, preferably in the insurance industry, with demonstrated experience in cohort modeling.
  • Understanding of business challenges; ability to design analytical solutions using advanced modeling techniques, including cohort modeling, and synthesize insights for business decision-making.
  • Intermediate knowledge in statistical analysis and multivariate procedures. Knowledge of Machine Learning techniques, AI, and cohort modeling is a plus.
  • Able to complete analytical tasks independently with some guidance, if necessary.
  • Strong organizational skills; able to work well under deadlines in a changing environment and perform multiple tasks effectively and concurrently. Produces accurate work products in a timely manner.
  • Ability and desire to work in a fast-paced, team-oriented environment.
  • Business experience and knowledge of P&C industry is a plus.
  • Experience with statistical packages (Python, R) and/or data management (SQL) and/or programming is required. Experience with GitHub, Databricks, and cohort modeling libraries is a plus.
  • Experience with text analytics, including NLP, is a plus.
  • Experience with writing gen AI prompts is a plus.
  • Proficient in Microsoft Suite applications.
  • Excellent oral and written communication skills. Ability to articulate an understanding of their work products, including cohort modeling results.

The pay range for the role is $124,000 to $180,000. The specific offer will depend on an applicant's skills and other factors. This role may also be eligible to participate in a discretionary annual incentive program.  Chubb offers a comprehensive benefits package, more details on which can be found on our careers website.  The disclosed pay range estimate may be adjusted for the applicable geographic differential for the location in which the position is filled.

About the Company

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Chubb Ltd

Chubb is the world’s largest publicly traded property and casualty insurance company and the largest commercial insurer in the U.S.

With operations in 54 countries and territories, we are a major personal lines writer, as well as a leading middle market, small commercial and large industrial commercial insurer, providing a wide range of traditional and specialty coverages.

As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. And we combine the precision of craftsmanship with deep experience to conceive, craft and deliver the very best insurance coverage and service to individuals and families and to businesses of all sizes.

Our products and services are distributed through brokers, independent agents, exclusive agents and various forms of direct marketing.

What we deliver:

  • Extensive product and service offerings
  • Broad distribution capabilities
  • Service excellence
  • Risk expertise
  • Underwriting discipline
  • Exceptional financial strength
  • Local operations globally
COMPANY SIZE
500 to 999 employees
INDUSTRY
Insurance
FOUNDED
1792
WEBSITE
https://www.chubb.com/