Allstate

Data Scientist - Insurance Modeling

Allstate

Remote
Full-TimeDepends on ExperienceSenior LevelMasters
Job Description

Welcome to Allstate, where we are committed to providing our customers with the best insurance solutions possible. We are seeking a highly skilled and motivated Data Scientist to join our team and help us revolutionize the insurance industry through data-driven decision making. As a Data Scientist - Insurance Modeling, you will play a crucial role in developing and implementing innovative data models to improve our products and processes. We are looking for someone with a strong background in statistics, programming, and machine learning, who is passionate about using data to drive business outcomes. If you are a creative problem solver with a keen eye for detail, we encourage you to apply for this exciting opportunity.

  1. Develop and implement data models to improve insurance products and processes.
  2. Utilize statistical analysis and machine learning techniques to extract insights from large and complex data sets.
  3. Collaborate with cross-functional teams to identify business problems and develop data-driven solutions.
  4. Conduct thorough research and analysis to identify trends and patterns in data.
  5. Create and maintain databases for data modeling and analysis purposes.
  6. Develop and maintain predictive models to aid in risk assessment and pricing.
  7. Work with stakeholders to identify and define business requirements for data-driven projects.
  8. Monitor and evaluate the performance of existing data models and make recommendations for improvements.
  9. Stay up-to-date with industry developments and advancements in data science and implement best practices.
  10. Communicate complex data insights and findings in a clear and understandable manner to non-technical stakeholders.
  11. Adhere to data privacy and security protocols.
  12. Work independently and collaboratively to meet project deadlines.
  13. Continuously evaluate and improve data processes and systems.
  14. Mentor and train junior team members on data science techniques and tools.
  15. Contribute to a positive and collaborative team environment.
Where is this job?
This job opening is listed as 100% remote
Job Qualifications
  • Bachelor's Or Master's Degree In Statistics, Mathematics, Computer Science, Or A Related Field.

  • Minimum Of 3 Years Of Experience In Data Science Or Predictive Modeling, Preferably In The Insurance Industry.

  • Strong Programming Skills In Languages Such As R, Python, And Sql.

  • Knowledge And Experience With Statistical Modeling Techniques, Machine Learning Algorithms, And Data Visualization Tools.

  • Excellent Communication And Collaboration Skills, With The Ability To Present Complex Data And Insights To Non-Technical Stakeholders.

Required Skills
  • Financial Analysis

  • Programming

  • statistical analysis

  • Database Management

  • Machine Learning

  • Data Visualization

  • Data Mining

  • Predictive modeling

  • Risk assessment

  • Fraud detection

  • Actuarial Science

Soft Skills
  • Communication

  • Leadership

  • Time management

  • Interpersonal Skills

  • creativity

  • flexibility

  • Critical thinking

  • Teamwork

  • Adaptability

  • Problem-Solving

Compensation

According to JobzMall, the average salary range for a Data Scientist - Insurance Modeling is $90,000-$150,000 per year. Salaries can vary depending on the specific company, experience level, and location. Data Scientists in the insurance industry typically have a background in statistics, mathematics, or computer science and use data analysis and modeling techniques to help insurance companies make strategic decisions and improve their business operations.

Additional Information
Allstate is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedNovember 11th, 2024
Apply BeforeMay 22nd, 2025
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About Allstate

The Allstate Corporation is an American insurance company that is in the United States.

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