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Collaborates with business partners to develop predictive analytic solutions that enable data-driven strategic decision-making. Utilizes data science techniques to manipulate large structured and unstructured data sets, identify patterns in raw data, and develop models to predict the likelihood of a future outcome and/or to optimize business solutions.
This level reflects solid knowledge of predictive analytics techniques, while continuing to learn how to apply techniques to business issues.
The Product Design and Modeling team has an opening for a Data Science IC position that will drive pricing and non-pricing sophistication in the US Design team and will act as a technical and subject matter expert for US modeling. The Individual Contributor role will report to a Property/Specialty Design Manager but also have opportunities to work on projects across personal and business lines as well as globally in partnership with the East & West Design team.
Responsibilities:
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Build GLM loss cost models using Emblem across Auto or Property/Specialty products, as well as adjacent products (e.g. Business Lines, East/West products, New Product initiatives)
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Build complex non-pricing models (e.g., models to identify customers for non-renewal)
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Explore and utilize advanced modeling techniques (e.g., machine learning techniques and Elastic Nets)
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Work with massive amounts of data to build sophisticated models
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Act as a mentor and help develop less experienced analysts on the team
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Develop model-driven solutions to complex business problems