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Manager & Sr. Data Scientist - St Paul, United States - Travelers Insurance
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
$138, $228,800.00
Target Openings
1
What Is the Opportunity?
Travelers Data Scientists are taking the organization to the next level of intelligence by using advanced statistical techniques and machine learning algorithms.
In Business Insurance Actuarial and Analytics, we deliver tailored analytics and innovative data science solutions that influence decisions and enable superior results.
We have an inclusive culture where everyone feels that they belong, can be authentic, are valued, respected, empowered and part of our success.
We see strength in the uniqueness that each of us contributes to creating innovative solutions and improving business outcomes.
Business Insurance Analytics & Research has an open Manager & Sr Data Scientist position on the General Liability (GL) Pricing Modeling Team.
The Manager & Sr Data Scientist will drive enhancements to pricing segmentation for Travelers GL products across Middle Markets, as well as provide pricing model support for Inland Marine.
What Will You Do?
Refresh and enhance our GL and IM pricing segmentation models with new variables (internal and external) and/or new modeling approaches/techniques.
Provide oversight and direction to Modeling Academy participants to ensure sound modeling technique and adherence to Modeling Guidelines.
Manage portions of business or technical projects focused on the design or development of analytical solutions.
Share expertise with the community through discussions, presentations, or peer reviews
Set and manage expectations with business partners for small projects, and with limited guidance, identify potential conflicts and build consensus.
Be a mentor or resource for less experienced analytic talent, onboard new employees and interns, and support recruiting and talent assessment efforts.
Perform other duties as assigned.
What Will Our Ideal Candidate Have?
Masters in STEM related field or equivalent
5 years of related experience
Advanced working knowledge of modeling/research/ analytics or actuarial required
Strong grasp of value creation and business model concepts
Advanced knowledge of multiple statistical software programs, especially Python and SAS
Ability to develop advanced models and interpret model results
Application of advanced statistics underlying data models
Ability to develop emerging statistical procedures to work
Advanced knowledge in 2-3 of the following: Regression, Classification, Machine Vision, Natural Language Processing, Deep Learning and Statistical modeling.
Experience with insurance pricing models and/or GL products is a plus.
What is a Must Have?
Master's degree in Statistics, Mathematics, Decision Sciences, Actuarial Science or related analytical STEM field plus three years of experience, or PhD in Statistics, Mathematics, Decision Sciences, Actuarial Science or related analytical STEM field plus zero years of experience, 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.
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 PracticesTravelers 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 (4-) 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.