Senior Data Scientist

Plymouth Rock Assurance Corporation

Woodbridge, NJ

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JOB DETAILS

SALARY

$109,491–$125,000 Per Year

SKILLS

Actuarial Skills, Analysis Skills, Bayesian Networks, Best Practices, Business Processes, Construction, Customer Acquisition, Customer Retention/Renewal, Customer Support/Service, Data Collection, Data Modeling, Data Processing, Data Profiling, Data Science, Economics, Finance, Insurance, LifeTime Value (LTV), Machine Learning, Mathematics, Model Validation, People Management, Predictive Modeling, Profit & Loss, Project/Program Management, Quantitative Analysis, Risk, Risk Management, Statistics, Underwriting

LOCATION

Woodbridge, NJ

POSTED

2 days ago

### Experience Required 24 Months ### Minimum Education Required Master’s degree (or foreign equivalent) in Statistics, Economics, Mathematics or related quantitative fields ### License(s) Required N/A ### Training Required/Provided N/A ### Compensation $109,491.00 - $125,000.00 / Yearly ### Hours Per Week 40 ### Number Of Positions 1 ### Shift Unspecified ### Job Description EMPLOYER: Plymouth Rock Management Company of New Jersey JOB DUTIES: • Lead the development of advanced analytical models for the automobile books of business through appropriate pricing, underwriting, marketing and fraud mitigation efforts. • Involved in the full cycle of research, development, implementation, and maintenance of analytical solutions. • Conduct end to end formal modeling process including data gathering, data profiling, model construction, validation, and other related tasks. • Build predictive models that improved profitability through the creation of new rating plans with improved estimation and segmentation of insurance risk. • Collaborate with business unit leaders to deliver operational enhancements and cost efficiencies in the claims, underwriting, and customer service processes. • Engage business leaders in evaluation of new models to drive growth and retention through customer acquisition and lifetime value modeling. • Manage projects, review subordinates’ work and provide guidance to junior team members. • Seek out industry best practices in data sciences and advocate their adoptions in analytical and business processes. REQUIREMENTS: Employer will accept a Master’s degree (or foreign equivalent) in Statistics, Economics, Mathematics or related quantitative fields and two (2) years of experience in the job offered or in Senior Data Scientist-related occupation. Position requires demonstrable experience with the following: • Demonstrable experience developing and deploying advanced data science solutions with concepts and sophisticated methodologies in the areas of Finance, IRM (Insurance and Risk Management), and Actuarial Science. • Demonstrable experience modeling and understanding of both conventional quantitative analytics including GLM, GLMM, Bayesian statistics, Actuarial methods and tree-based machine learning techniques including GBM and Random Forest. • Demonstrable expertise utilizing SQL, Snowflake and AWS for data mining and modeling. • Demonstrable experience performing statistical programming and testing using statistical software and managing and manipulating data using SAS, Python and R. CONTACT: To apply please email resume clearly referencing Job Code 21765.95 to recruit@plymouthrock.com ### Place of Work On-site ### Requisition ID 21765.95 ### Job Type Full Time ### Application Instructions CONTACT: To apply please email resume clearly referencing Job Code 21765.95 to recruit@plymouthrock.com

About the Company

Plymouth Rock Assurance Corporation

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