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    Associate Catastrophe Risk Data Scientist - Hartford, United States - THE TRAVELERS INDEMNITY COMPANY

    THE TRAVELERS INDEMNITY COMPANY
    THE TRAVELERS INDEMNITY COMPANY Hartford, United States

    2 weeks ago

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    Description
    Who Are We?

    Taking care of our customers, our communities and each other. That's the Travelers Promise.

    By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 160 years.

    Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it.

    Job Category

    Data Science

    Compensation Overview


    The annual base salary range provided for this position is a nationwide market range and represents a broad range of salaries for this role across the country.

    The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.

    As part of our comprehensive compensation and benefits program, employees are also eligible for performance-based cash incentive awards.

    Salary Range
    $86, $142,400.00

    Target Openings

    1

    What Is the Opportunity?

    Travelers Organizational Statement
    Solid reputation, passionate people, and endless opportunities. That's Travelers.

    Our superior financial strength and consistent record of strong operating returns mean security for our customers - and opportunities for our employees.

    You will find Travelers to be full of energy and a workplace in which you truly can make a difference.

    Summary
    The Travelers Catastrophe Risk Management Group is seeking an Associate Data Scientist to join our PERILS team.

    You will be joining a group of dedicated professionals charged with leading Travelers to be in a position to endure catastrophic loss from natural and man-made perils.

    The PERILS team is a multi-discipline group focusing on peril research, the development of next generation analytics, and event response activities.

    As a member of this Team, you will be an active participant in the development and implementation of peril research and strategies.

    The team engages in enterprise-wide complex multi-disciplinary CAT research projects with various depths of focus. The position requires an individual who can strive in an analytical, innovation-driven environment, in tune with business needs.

    What Will You Do?


    Travelers Data Scientists are taking the organization to the next level of intelligence by using advanced statistical techniques and machine learning algorithms.

    As an Associate Data Scientist, you will analyze large, complex data sources to generate actionable insights and solutions that will enhance our catastrophe risk assessment.

    Leverage your expanding technical to build models that solve key business problems.

    We are seeking a candidate with a solid analytical base and a keen interest in research and development.


    Primary responsibilities include:
    Perform tasks under guidance to support the development of analytical solutions
    Catastrophe model evaluation, sensitivity testing, calibration, and validation with a focus on wildfire and cyber perils.
    Develop domain and business knowledge to build statistical models.
    Communicate analysis, insights, and results to manager, peers, and working team.
    Perform other duties as assigned.
    What Will Our Ideal Candidate Have?
    Masters in STEM related field or equivalent
    Basic working knowledge of modeling/research/ analytics or actuarial required
    Knowledge of statistical techniques with the ability to learn statistical software programs
    Execution focused with the ability to complete assigned steps to support developing advanced models
    You will develop your understanding of advanced statistics underlying data models
    Ability to apply statistical procedures to work as directed

    Developing knowledge in:
    Regression, Classification, Machine Vision, Natural Language Processing, Deep Learning and Statistical modeling.

    What is a Must Have?

    Master's degree in Statistics, Mathematics, Decision Sciences, Actuarial Science or related analytical STEM field or any suitable and equivalent combination of education and work experience.

    Heavy concentration in mathematics, including statistics and programming, business intelligence/analytics, as well as data science tools and research using large data sets.

    Additional verification of specific coursework will be required.

    What Is in It for You?

    Health Insurance :

    Employees and their eligible family members - including spouses, domestic partners, and children - are eligible for coverage from the first day of employment.


    Retirement:
    Travelers matches your 401(k) contributions dollar-for-dollar up to your first 5% of eligible pay, subject to an annual maximum. If you have student loan debt, you can enroll in the Paying it Forward Savings Program. When you make a payment toward your student loan, Travelers will make an annual contribution into your 401(k) account. You are also eligible for a Pension Plan that is 100% funded by Travelers.

    Paid Time Off:


    Start your career at Travelers with a minimum of 20 days Paid Time Off annually, plus nine paid company Holidays.


    Wellness Program:


    The Travelers wellness program is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs.

    In addition, our mental health program provides access to free professional counseling services, health coaching and other resources to support your daily life needs.


    Volunteer Encouragement:
    We have a deep commitment to the communities we serve and encourage our employees to get involved.

    Travelers has a Matching Gift and Volunteer Rewards program that enables you to give back to the charity of your choice.

    Employment Practices

    Travelers is an equal opportunity employer.

    We believe that we can deliver the very best products and services when our workforce reflects the diverse customers and communities we serve.

    We are committed to recruiting, retaining and developing the diverse talent of all of our employees and fostering an inclusive workplace, where we celebrate differences, promote belonging, and work together to deliver extraordinary results.


    In accordance with local law, candidates seeking employment in Colorado are not required to disclose dates of attendance at or graduation from educational institutions.


    If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an email so we may assist you.


    Travelers reserves the right to fill this position at a level above or below the level included in this posting.

    To learn more about our comprehensive benefit programs please visit
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