Data Scientist - Actuarial

PEMCO•Seattle, WA

About The Position

The Data Scientist - Actuarial conducts actuarial and predictive analysis to support PEMCO’s product development, rating, reserving, process improvements, and system changes. The role provides analytical support for actuarial and product development, participates in strategic decisions with product managers and actuaries, and collaborates with the Product Team and other business units to develop business solutions. Applicants must reside and work in one of the following states: WA, OR, OH, IL, MN, NC, SC, FL, AZ, TX, or ID. Occasional travel to PEMCO’s Seattle, Washington headquarters is required. PEMCO is a mutual insurance company owned by its Northwest policyholders, providing auto, home, renters, and boat coverage. The company describes a commitment to diversity, equity, inclusion, and belonging, and supports community programs focused on youth education, stronger and greener communities, and safety. The position also involves documenting system workflows and business processes, building tools and processes to improve efficiency, and demonstrating conduct consistent with PEMCO’s policies, values, code of ethics, and business conduct. Other duties may be assigned.

Requirements

B.A. or B.S. 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, root-cause analysis, and development of high-quality, consistent metrics that support strategic objectives.
Ability to work with disparate datasets, collaborate to translate data into meaningful insights, and work with external vendors to integrate data for analysis.
Knowledge of building efficient, scalable infrastructure and data models.
Knowledge and understanding of relevant laws, rules, and regulations.

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 behaviors consistent with PEMCO’s policies, values, code of ethics, and business conduct.
Support the PEMCO brand and help identify talent to advance the company’s mission.
Perform other duties as assigned.

Benefits

Medical, dental, and vision 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 in the first year for benefits-eligible employees.
Four floating holidays and up to ten days of sick leave upon hire, prorated based on hire date and full-time or part-time status.
Paid bereavement leave, jury duty leave, and employee volunteering time.
Education Assistance Program after one year of service.
Scholarship program for employees’ children 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.