Data Scientist - DataandAI

Star Union Dai-ichi Life Insurance Company Limited; Navi Mumbai; On-site; INR 2,400,000 - 4,200,000; Full time

Job summary

Star Union Dai-ichi Life Insurance Company Limited is seeking a Data Scientist - Data & AI for its Navi Mumbai head office. You will lead AI/ML teams, design strategies, and deliver models for underwriting, claims, and customer engagement.

The role requires 4+ years in AI/ML with leadership experience, proficiency in Python/R/Java, and cloud expertise (Azure/AWS/GCP). You will collaborate across Product, Actuarial, IT, and governance functions to ensure compliant, scalable AI solutions.

Qualifications

• Master’s degree in Computer Science, Data Science, ML, or related field.
• Minimum 4 years in AI/ML, including at least 2 years in a leadership role.
• Proficiency in Python, R, or Java; experience with TensorFlow, PyTorch, scikit-learn.
• Cloud experience with Azure (preferred), AWS, or GCP.
• Strong understanding of the insurance domain and AI/ML project management.
• Excellent ability to communicate technical concepts to non-technical stakeholders.

Responsibilities

• Lead and mentor a team of AI/ML engineers and data scientists.
• Develop and implement AI/ML strategies aligned with business goals.
• Design models for underwriting, claims processing, fraud detection, and customer engagement.
• Explore Generative AI techniques for product development and risk assessment.
• Oversee data collection, preprocessing, and analysis for quality and integrity.
• Collaborate with cross-functional teams to productionize successful POCs and drive adoption.
• Establish monitoring and KPIs to measure model performance and impact.

Skills

Leadership

AI/ML experience

Communication

Project management

Cloud technologies

Education

Master’s degree in Computer Science / Data Science / Machine Learning

Tools

TensorFlow

PyTorch

scikit-learn

Azure

AWS

GCP

Job description

Job Description:

About The Organization

Star Union Dai-ichi Life Insurance (SUD Life) is a joint venture formed in 2007 between two major Indian PSU banks - Bank of India and Union Bank of India - and Japan's Dai-ichi Life Holdings.

We have served over 15 million customers through more than 19,500 bank branches across India. Our network includes 1,950 rural bank branches, ensuring insurance reaches remote areas.

SUD Life focuses on creating insurance products that meet different customer needs across all segments of society. With our promoters' 100+ years of commitment and combined strengths, we aim to become a leading name in India's life insurance sector while delivering value to all stakeholders.

Established in 1902, Dai-ichi Life is the second largest life insurance company of Japan and is one of the top ten life insurers globally, renowned for sound product knowledge, superior asset management skills, and strong operational capabilities to manage life insurance businesses.

At SUD Life, our customers are our priority. We are committed to providing insurance products that serve our customers’ unique needs across various strata of society and geographies.

The promoters of SUD Life have a long-term commitment towards their customers and stakeholder. These strengths and values have been inherited by SUD Life, as we make our way to becoming the next rising star in the Indian life insurance business, promising exceptional value to all.

Our Talent Philosophy

At Star Union Dai-ichi Life Insurance, we will ensure to nurture our people and provide opportunities to learn, succeed and build careers to the best of their abilities, thus creating and unlocking value for self, the organization, and the society at large.

About The Role

Role: Data Scientist - Data & AI

Location: Navi Mumbai (Head Office)

Department: IT - Strategy, Data & AI

Key Responsibilities

Leadership & Strategy

• Lead, mentor, and manage a team of AI/ML engineers and data scientists, fostering a high-performance culture
• Develop and implement AI/ML strategies aligned with business goals

AI/ML & Generative AI Solutions

• Design, develop, and deploy AI/ML models for underwriting, claims processing, fraud detection, customer service, and personalized marketing
• Explore and implement Generative AI techniques for product development, risk assessment, and customer engagement

Data & Governance

• Oversee data collection, preprocessing, and analysis to ensure quality and integrity
• Ensure compliance with industry regulations and ethical standards

Collaboration & Adoption

• Work closely with cross-functional teams (Product, Actuarial, IT) for seamless integration and adoption
• Drive transition of successful POCs into production
• Implement change management strategies to ensure stakeholder buy-in

Innovation & Research

• Lead innovative analytics solutions and Proof-of-Concept (POC) initiatives
• Stay updated on emerging AI/ML and Generative AI technologies
• Conduct feasibility studies to evaluate business impact

Performance Monitoring

• Establish monitoring frameworks and KPIs to measure model performance and business impact

Qualifications

• Education: Master’s degree in Computer Science, Data Science, Machine Learning, or related field
• Experience: Minimum 4 years in AI/ML, including at least 2 years in a leadership role
• Technical Skills: Proficiency in Python, R, or Java; experience with TensorFlow, PyTorch, scikit-learn
• Cloud Technologies: Azure (preferred), AWS, or GCP
• Domain Expertise: Strong understanding of the insurance domain
• Project Management: Experience managing end-to-end AI/ML projects
• Communication: Ability to explain technical concepts to non-technical stakeholders
• Innovation Mindset: Proven track record in driving AI/ML and Generative AI initiatives