The world isn’t standing still, and neither is Allstate. We’re moving quickly, looking across our businesses and brands and taking bold steps to better serve customers’ evolving needs. That’s why now is an exciting time to join our team. You’ll have opportunities to take risks, challenge the status quo and shape the future for the greater good.
You’ll do all this in an environment of excellence and the highest ethical standards – a place where values such as integrity, inclusive diversity and accountability are paramount. We empower every employee to lead, drive change and give back where they work and live. Our people are our greatest strength, and we work as one team in service of our customers and communities.
Everything we do at Allstate is driven by a shared purpose: to protect people from life’s uncertainties so they can realize their hopes and dreams. For more than 89 years we’ve thrived by staying a step ahead of whatever’s coming next – to give customers peace of mind no matter what changes they face. We acted with conviction to advocate for seat belts, air bags and graduated driving laws. We help give survivors of domestic violence a voice through financial empowerment. We’ve been an industry leader in pricing sophistication, telematics, digital photo claims and, more recently, device and identity protection. We are the Good Hands. We don’t follow the trends. We set them.
Job Summary:
The Allstate Innovation team helps drive Allstate’s future by identifying compelling business opportunities, developing selected opportunities into thriving businesses, and assisting Allstate businesses with meeting their innovation objectives. We bring together skills in strategy, design, technology, and data science to create new products and businesses. And as Allstate’s corporate innovation team, we focus on high-impact, future-facing enterprise priorities.
The Allstate Innovation team is looking for a Principal Data Scientist to help define and drive innovative new opportunities for Allstate, focusing on emerging technologies, fast-growing startup market spaces, and highly impactful consumer problems. Examples of Allstate’s innovation successes in the past five years include:
- Exploration of AI risk assessment technologies that resulted in a new B2B big data venture, Arity – a startup with the backing of a Fortune 100 company
- Exploration of emerging device (e.g. smart phone) protection space that resulted in $1.4B acquisition of SquareTrade Inc.
- Exploration of digital protection space that resulted in $525M acquisition of identity protection company InfoArmor Inc.
- Exploration of peer-to-peer space that resulted in a new P2P car sharing venture, Avail – a startup with the backing of a Fortune 100 company
Job Summary (cont.)
As a Principal Data Scientist, you will help our team identify, drive, and lead Allstate’s next big innovation. Innovation projects typically feature cross-functional teams with expertise in Business Strategy, Product, Technology, and Design. We work in a variety of different spaces, industries, and emerging technology areas. Example areas of exploration include: Web 3.0 (de-centralized Internet/blockchain), Internet of Things/smart home, future of automotive (EVs, autonomous vehicles), climate risks, and the consumer data economy.
The Principal Data Scientist role will be responsible for leading the analytical efforts for innovation programs, partnering with business and product functions to help define the right analytical approaches to solving business problems. These approaches will include the development and execution of exploratory data analyses and advanced predictive models, algorithms, knowledge graphs, and machine learning techniques using structured and unstructured data, and the role will be a key person in defining what data will be needed, how it will be collected, and how it will be managed.
These efforts will require an experienced person accustomed to translating complex analyses into key insights for data-driven decision making and effective communication of the results. This person will also be the key interface with other data analytics organizations within and outside the enterprise on larger initiatives. Over time, the role can grow into management of a small team of more junior data science specialists to execute the programs and will be responsible for their career growth and success.
Job Qualifications
- An undergraduate degree in a quantitative or technical field such mathematics, finance, economics, computer science, or engineering. A Masters or Ph.D. degree in a relevant discipline is strongly preferred.
- 10+ years of experience in roles relevant to data analytics, machine learning techniques, and data visualization approaches are key to being successful in this role.
- Experience with climate modeling including direct ties to the climate community and thorough understanding of the modeling successes and shortcomings over the decades.
- Strong proficiency in statistical techniques for exploratory, predictive, and causal analytics with experience in applying them to solve business problems for large-scale programs.
- Excellent programming skills in some rapid prototyping environments such as Python and R.
- Experience with parallel computing in frameworks like Spark and Dask.
- Knowledge and experience in development of models and algorithms, including machine learning-based approaches, using common industry tools and libraries such as PyTorch and Tensorflow.
Job Qualifications (cont.):
- Experience in Extract Transform and Load (ETL) processing large datasets of different forms including structured, semi-structured and unstructured data
- Proficient in SQL and database management, both relational and big-data platforms.
- Experience using data visualization tools such as Tableau and graphic representation of complex data.
- Experience with property insurance analytics/pricing is a plus.
Notes:
The preceding description is not designed to be a complete list of all duties and responsibilities. May be required to perform other related duties as assigned. Regular, predictable attendance is an essential function of this job.
Compensation offered for this role is The salary range for the role is $150,000-$195,000+Bonus. Offer will be commensurate with experience and is based on experience and qualifications.
The candidate(s) offered this position will be required to submit to a background investigation, which includes a drug screen.
Good Work. Good Life. Good Hands®.
As a Fortune 100 company and industry leader, we provide a competitive salary – but that’s just the beginning. Our Total Rewards package also offers benefits like tuition assistance, medical and dental insurance, as well as a robust pension and 401(k). Plus, you’ll have access to a wide variety of programs to help you balance your work and personal life — including a generous paid time off policy. For a full description of Allstate’s benefits, visit allstate.jobs/benefits/
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Allstate generally does not sponsor individuals for employment-based visas for this position.
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