AmTrust Financial Services, Inc.

Senior Pricing Data Scientist

Job Locations US-OH-Cleveland
Requisition ID
2024-17882
Category
Analytics
Position Type
Regular Full-Time

Overview

Do you enjoy solving difficult pricing and underwriting problems?  Are you resourceful?  Do you enjoy working with data?  If so, AmTrust is looking to add a talented experienced Data Scientist to their growing Data Science & AI Team with specific commercial insurance pricing experience.  AmTrust Financial Services Inc. is a multinational property and casualty insurer specializing in coverage for small to mid-sized businesses.  We love finding new and innovative ways to use our data and technology to provide a top-notch customer experience and we want your help!

Responsibilities

As an experienced Pricing Data Scientist, you will lead projects and unveil insights in our data that will allow us to improve our pricing and underwriting decision-making process both at an operational and strategic level.  You will use the latest machine learning algorithms to develop predictive models to help us assess risks more accurately, , price more effectively and understand and serve our customers more thoroughly.

Qualifications

Qualified applicants would have an MA/MSC/Ph.D. in Computer Science, Statistics, Data Science, Economics or other quantitative field, and at least 5 years’ experience in the following skill areas:

  • Developing and implementing loss cost models, retention, conversion, and any other relevant pricing models for commercial insurance
  • Knowledge and familiarity with embedding into the model and pricing applications various 3rd party commercial insurance data sources
  • Filing of predictive models and pricing structures across the different states
  • Python and R
  • Machine learning algorithms (i.e. GLM, Boosting, Deep Learning, etc...)
  • Model performance measures and validation techniques (i.e. K-fold cross-validation, train/test split, etc...)
  • SQL and relational databases (both transactional and analytical environments)
  • Deploying predictive models into production
  • Collaborative development and version control systems (i.e. Git)
  • Strong leadership capabilities and great working relationships with different stakeholders
  • Ability to communicate complex data in a simple, actionable way
  • Ability to visualize data in the most effective way possible for a given project or study
  • Analytical and problem-solving skills
  • Ability to work independently and with team members from different backgrounds
  • Excellent attention to detail

 

Bonus points for experience in:

  • FCAS or ACAS accreditation
  • Management experience in leading a team of highly qualified Data Scientists
  • Familiarity with cloud environments and services
  • Consulting background
  • Developing effective monitoring of implemented pricing strategies
  • Experience with supporting other business functions (e.g. Loss control, Operations, Marketing, Claims)
  • Unix-like operating systems and comfort in the shell environment (i.e. Bash)
  • Deep learning frameworks like Tensorflow or PyTorch and associated high-level API’s like Keras
  • numpy, pandas, sklearn, matplotlib
  • dplyr, data.table, ggplot2
  • Web-application development (Javascript, Node, Flask, Shiny, etc.)
  • Web-scraping

 

We are looking for a strong communicator who is comfortable with immersing themselves deeply within a business process, learning new things, and finding unique and creative ways to help us grow.  If you tend to think of yourself as part engineer, part statistician, part computer scientist, part detective, and part project manager then what are you waiting for?  Apply today!

 

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What We Offer

AmTrust Financial Services offers a competitive compensation package and excellent career advancement opportunities. Our benefits include: Medical & Dental Plans, Life Insurance, including eligible spouses & children, Health Care Flexible Spending, Dependent Care, 401k Savings Plans, Paid Time Off.

 

AmTrust strives to create a diverse and inclusive culture where thoughts and ideas of all employees are appreciated and respected. This concept encompasses but is not limited to human differences with regard to race, ethnicity, gender, sexual orientation, culture, religion or disabilities.

 

AmTrust values excellence and recognizes that by embracing the diverse backgrounds, skills, and perspectives of its workforce, it will sustain a competitive advantage and remain an employer of choice. Diversity is a business imperative, enabling us to attract, retain and develop the best talent available. We see diversity as more than just policies and practices. It is an integral part of who we are as a company, how we operate and how we see our future.

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