[Hiring] Senior Data Scientist - Actuarial @PEMCO

Role Description

The Senior Data Scientist - Actuarial position is responsible for conducting complex actuarial and predictive analysis to support product development, rating, reserving, process improvements, and system changes for PEMCO.

• Independently perform complex analytical support for actuarial and product development.
• Develop large-scale predictive modeling and multivariate analysis.
• Create queries and tools to assist the development and implementation of rates, rating plans, pricing strategies, and financial analysis.
• Participate with product managers and actuaries in making strategic decisions.
• Collaborate with Product Team and other business units to provide business solutions.
• Develop and document system workflows and business processes.
• Pioneer best practice in building tools and processes to create efficiencies.
• Mentor less experienced members, helping them improve and sharpen their skills by sharing best practices.
• Demonstrate behaviors consistent with PEMCO's policies, values, code of ethics, and business conduct.
• Authentically support the PEMCO Brand and constantly look for top talent to join us to achieve our Mission to Worry Less and Live More.
• Other duties as assigned.

Qualifications

• B.A. or B.S. degree or equivalent work experience (Actuarial Science, Mathematics, Statistics, or related field) is required.
• Graduate or other professional degree or equivalent work experience is preferred.
• 6+ years of experience in actuarial and statistical predictive modeling is required.
• 3+ years of experience in the property and casualty insurance industry is required.
• MS Office: Skilled proficiency in Excel, Word, PowerPoint, Outlook is required.
• Job specific: Proficiency in Python, R, SAS, and/or SQL.
• Job specific: Proficiency with Radar, Emblem, or ResQ.
• Job specific: Must be able to demonstrate high level of skill in quantitative modeling, knowledge of data structures, and ability to write complex SQL queries is required.

Requirements

• Precision: Is detail-oriented and has a strong desire for accuracy and thoroughness is required.
• Analytical and data-driven: Thinks analytically; a structured thinker who can put complex ideas into clear frameworks; uses data to conduct root cause analysis and develops high quality, consumable, and consistent metrics that drive strategic objectives and priorities is required.
• Highly Analytical: Is passionate about working with disparate datasets bringing data together to answer business questions. Collaborates to create, manage, and translate data to meaningful insights.
• Compliance: Possesses knowledge and understanding of relevant laws, rules, and regulations is required.
• Problem Solver: Ability to analyze, diagnose, and resolve complex unstructured problems quickly, efficiently, and collaboratively.
• Communicator: Communicates clearly and informatively, verbally and in writing, with colleagues, customers, and the community in both technical and non-technical professional language.
• Independent: Is highly self-motivated and directed. Demonstrates the ability to work with limited direction, communicates relevant information to the appropriate levels during times of uncertainty.
• Organized: Has excellent time management skills and easily manages multiple tasks, activities, and projects.
• Presenter: Organizes data visually and speaks clearly and persuasively in group presentations and meetings with multiple peer groups and senior management.

Benefits

• Regular part-time PEMCO employees working at least 24 hours per week and regular full-time PEMCO employees are eligible to elect coverage under medical, dental, and vision plans for themselves and their eligible family members with generous employer premium cost shares.
• Covered by employer-paid basic life and accidental death & dismemberment insurance policies as well as long- and short-term disability benefit coverages.
• Eligible to participate in PEMCO’s 401(k) plan, which includes a generous employer match (2 for 1 on the first 6% employee pre-tax and/or Roth deferral, up to federal maximums).
• PEMCO provides the following paid leave programs for benefits-eligible employees in their first year of PEMCO employment: Vacation and eight (8) paid holidays.
• Granted four (4) floating holidays and up to ten (10) days of sick leave immediately upon hire (pro-rated based on hire date and full-time/part-time status).
• In addition, PEMCO provides paid time off for bereavement, jury duty, and employee volunteering in the community.
• Education Assistance Program after one year of service.
• Scholarship program for children of PEMCO employees after one year of service; children’s birthday gift program.
• Flexible Spending Accounts, Employee Assistance Program, and charitable gift matching.
• Other compensation depending on role, contributions, and performance may include discretionary bonuses and tiered sales commissions and/or incentives.