Job Description
Job title: Senior Data Scientist
Locations: Manchester or Haywards Heath (hybrid working)
Markerstudy Group is looking for a Senior Data Scientist to join a quickly growing company developing ambitious solutions across various insurance lines. The role involves leveraging vast data assets and state-of-the-art processing capabilities.
Markerstudy is a leading provider of private insurance in the UK, insuring around 5% of private cars, 20% of commercial vehicles, and over 30% of motorcycles, with total premiums of circa £1b. The company works with household names such as Tesco, Sainsbury's, O2, Halifax, AA, Saga, and Lloyds Bank.
Role overview
As a Senior Data Scientist, you will:
- Lead the development of cutting-edge, bespoke machine learning predictive models, including risk pricing and classification/regression models.
- Identify and create data solutions that generate value.
- Collaborate with the pricing, retail, and machine learning teams to provide insights across the business.
- Develop solutions that leverage vast data assets and improve underwriting performance.
Responsibilities
- Develop and test modelling improvements for pricing models, especially in motor insurance, focusing on hyper-parameter tuning, model performance, stability, and explainability.
- Lead the development of predictive models to solve business challenges, including risk classification and other use cases like conversion or retention.
- Apply advanced machine learning techniques such as GBMs, GAMs, and clustering to create state-of-the-art solutions.
- Work with other teams to enhance risk modelling and address wider business challenges.
- Research and utilize new and existing data sources.
- Communicate results effectively to decision-makers.
- Assist in deploying and monitoring models to ensure efficient implementation.
Skills and Experience
- PhD or master's in statistics, data science, or related field.
- Previous experience in data science, especially in commercial pricing and modelling, with a focus on motor insurance.
- Technical expertise in GLMs, Elastic Nets, GBMs, GAMs, Random Forests, and clustering techniques.
- Proficiency in programming languages such as Python, PySpark, R, SAS, or SQL.
- Excellent communication skills, both verbal and written.
Behaviours
- Motivated by technical excellence.
- Team player with a self-motivated attitude and a desire to learn.
- Logical thinker with a professional and positive approach.
- Passionate about innovation and process improvement.