Provide analytics for setting price, underwriting and products strategies. Implement analysis and modeling tests. Develop and enhance models used in a variety of contexts within the product management structure. Advance modeling capabilities. Work with colleagues in various departments to facilitate the application of models developed considering the regulatory and competitive contexts. Ensure models are understood, implications are appropriately assessed, implementation plans are defined, valid... more details
Data Science Manager
Job LocationsUS-NJ-Woodbridge
ID
2024-5379
Category
Product
Type
Regular Full-Time
The Data Science Manager will manage a team of statisticians in research and development of new predictive models and new analytical techniques related to insurance pure premiums, customer lifetime value, customer buying behaviors and related topics using internal and external data.
Essential Functions and Responsibilities
Provide analytics for setting price, underwriting and products strategies. Implement analysis and modeling tests.
Develop and enhance models used in a variety of contexts within the product management structure.
Advance modeling capabilities.
Work with colleagues in various departments to facilitate the application of models developed considering the regulatory and competitive contexts.
Ensure models are understood, implications are appropriately assessed, implementation plans are defined, validation of results are undertaken and adjustments are made.
Supervise, manage and develop assigned staff
Qualifications and Education
Master's degree in Statistics, Mathematics, Engineering or related field (willing to accept foreign education equivalent) and a minimum of seven (7) years’ experience supervising predictive/advanced analytics.
Alternatively, will accept Ph.D. and five years’ experience in supervising predictive/advanced analytics.
Demonstrated expertise in SAS, R, or Python etc.
Demonstrated expertise in Bayesian statistics.
Demonstrated experience in developing multivariate predictive models in an insurance/financial fields.
About the Company
The Plymouth Rock Company and its affiliated group of companies write and manage over $2 billion in personal and commercial auto and homeowner’s insurance throughout the Northeast and mid-Atlantic, where we have built an unparalleled reputation for service. We continuously invest in technology, our employees thrive in our empowering environment, and our customers are among the most loyal in the industry. The Plymouth Rock group of companies employs more than 1,900 people and is headquartered in Boston, Massachusetts. Plymouth Rock Assurance Corporation holds an A.M. Best rating of “A-/Excellent”.
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