Data Scientist - Actuarial
About The Position
The Data Scientist - Actuarial conducts actuarial and predictive analysis to support PEMCO product development, rating, reserving, process improvements, and system changes. The role provides analytical support for actuarial and product development, conducts predictive modeling and multivariate analysis, and assists with developing and implementing rates, rating plans, pricing strategies, and financial analysis. It works with product managers, actuaries, the Product Team, and other business units to inform strategic decisions and deliver business solutions. The position also documents system workflows and business processes and builds tools and processes that create efficiencies. Applicants must reside and work in Washington, Oregon, Ohio, Illinois, Minnesota, North Carolina, South Carolina, Florida, Texas, or Idaho. Occasional travel to PEMCO’s Seattle, Washington headquarters is required. The position is expected to demonstrate behavior consistent with company policies, values, ethics, and business conduct; support the PEMCO brand; and help identify top talent. Other duties may be assigned.
Requirements
- Bachelor of Arts or Bachelor of Science degree, or equivalent work experience, in Actuarial Science, Mathematics, Statistics, or a related field.
- At least 3 years of experience in actuarial and statistical predictive modeling.
- At least 1 year of experience in the property and casualty insurance industry.
- Skilled proficiency in Microsoft Excel, Word, PowerPoint, and Outlook.
- Skilled proficiency with Python, R, SAS, and/or SQL.
- Detail-oriented, with a strong desire for accuracy and thoroughness.
- Analytical and data-driven approach, including structured thinking, explaining complex ideas in clear frameworks, conducting root cause analysis, and developing high-quality, usable, consistent metrics that support strategic objectives and priorities.
- Ability and interest in working with disparate datasets, combining data to answer business questions, collaborating to translate data into meaningful insights, working with external vendors to integrate data for analysis, and building efficient, scalable infrastructure and data models.
- Knowledge and understanding of relevant laws, rules, and regulations.
- Must reside and work in WA, OR, OH, IL, MN, NC, SC, FL, TX, or ID.
- Able to travel occasionally to the Seattle, Washington headquarters.
Nice To Haves
- Experience with Radar, Emblem, or ResQ.
Responsibilities
- Provide analytical support for actuarial and product development.
- Conduct predictive modeling and multivariate analysis.
- Assist with developing and implementing rates, rating plans, pricing strategies, and financial analysis.
- Participate with product managers and actuaries in strategic decisions.
- Collaborate with the Product Team and other business units to provide business solutions.
- Document system workflows and business processes.
- Build tools and processes to create efficiencies.
- Demonstrate behavior consistent with PEMCO policies, values, code of ethics, and business conduct.
- Support the PEMCO brand and look for top talent to help achieve the company mission.
- Perform other duties as assigned.
Benefits
- Medical, dental, and vision plan coverage for eligible employees and eligible family members, with employer premium cost shares.
- Employer-paid basic life and accidental death and dismemberment insurance.
- Long- and short-term disability coverage.
- 401(k) plan with an employer match of 2 for 1 on the first 6% of employee pre-tax and/or Roth deferrals, up to federal maximums.
- Vacation and eight paid holidays.
- Four floating holidays and up to ten days of sick leave immediately upon hire, prorated based on hire date and full-time or part-time status.
- Paid leave for bereavement, jury duty, and employee volunteering in the community.
- Education Assistance Program after one year of service.
- Scholarship program for children of employees after one year of service.
- Children’s birthday gift program.
- Flexible Spending Accounts.
- Employee Assistance Program.
- Charitable gift matching.
- Discretionary bonuses may be offered depending on role, contributions, and performance.
- Tiered sales commissions and/or incentives may be offered depending on role, contributions, and performance.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
