Data Scientist (Hybrid Worcester, MA or Remote)

The Hanover Insurance Group; Massachusetts; Hybrid; USD 110,000 - 150,000; Full time

Benefits offered by this job

Medical Insurance

401K with company match

Tuition reimbursement

Paid time off

Flexible work arrangements

Job summary

The Hanover Insurance Group in Worcester, MA is seeking a Data Scientist to design, implement and evaluate advanced statistical models and ML algorithms. This full-time, exempt role supports Personal Lines with a hybrid work option or fully remote location.

Responsibilities include building econometric models, data mining large datasets, preparing insights for stakeholders, and ensuring data governance. Requires 2+ years of related experience and a quantitative degree; advanced degrees preferred.

Qualifications

• Typically 2+ years of related experience with a bachelor’s degree; advanced degrees count toward experience.
• Has a good understanding of Insurance Analytics and relevant metrics.
• Able to communicate through storytelling and collaborate with business partners.
• Demonstrates CARE values in daily work.

Responsibilities

• Participate in advanced analytic work and predictive modeling to solve business problems.
• Collaborate with product management and LOBs to understand needs and devise solutions.
• Keep up to date with latest technology trends and methods.
• Communicate results and ideas to key decision-makers.
• Collect data from various sources, from web APIs to SQL databases.
• Create meaningful data visualizations that connect findings to business impact.

Skills

Statistical modeling

Machine learning

Data visualization

Communication storytelling

Education

Bachelor's degree in a quantitative field

Master’s or PhD preferred

Tools

SQL

Python

R

Job description

For more than 170 years, The Hanover has been committed to delivering on our promises and being there when it matters the most. We live our values every day, demonstrating we CARE through our values, Sustainability initiatives and inclusive corporate culture.

Our Personal Lines team is currently seeking a Data Scientist in our Worcester, MA office on a hybrid arrangement or fully remote work location. This is a full-time, exempt role.

POSITION OVERVIEW:

The Data Scientist designs, implements, and evaluates advanced statistical models, machine learning algorithms, and tools for application in the business’s most complex issues. The Data Scientist builds econometric and statistical models for various problems inclusive of projections, classification, clustering, pattern analysis, sampling, simulations, and so forth. In this capacity, the Data Scientist researches new ways for predicting and modeling end-user behavior as well as investigating data summarization and visualization techniques for conveying key applied analytics findings. The Data Scientist also performs ad-hoc data mining and exploratory statistics tasks on very large data sets related to the business’s strategies. In this capacity, the Data Scientist will also prepare reports and presentations for relevant stakeholders that will give insights for departmental as well as business-wide decision making. Establishment of data governance and regulatory practices will be adhered to.

IN THIS ROLE, YOU WILL:

• Participate in advanced analytic work and predictive modeling projects using statistical and machine learning/deep learning techniques to solve business problems.
• Collaborate with product management and the LOBs to understand company needs and devise possible solutions.
• Keep up to date with the latest technology trends.
• Communicate results and ideas to key decision-makers.
• Implement new statistical or other mathematical methodologies as needed for specific models or analysis.
• Collect data from all kinds of different sources, from web APIs to internal databases encoded in SQL.
• Optimize joint development efforts through appropriate database use and solution design.
• Document the development and the design of the solutions built.
• Begin to work on relatively simple projects with minimal supervision.
• Create meaningful data visualizations that communicate your findings and relate them to how your insights create business impact.

WHAT YOU NEED TO APPLY:

EXPERIENCE: Typically has 2+ years of related experience and a bachelor’s degree, Master’s, or Ph.D.’s degree is preferred. Relevant Masters or Ph.D. can count towards work experience. INSURANCE ANALYTICS Has a good understanding of relevant insurance analytics and metrics and is able to incorporate this understanding in work product. BUSINESS KNOWLEDGE
None or very limited insurance business knowledge is expected at the entry level. It’s recommended to have a training plan and prioritize the insurance knowledge needed over time. Soft Skills Able to communicate through storytelling and collaborate with business partners. Demonstrates CARE values in daily work. Key Measures of Success : Know basic concepts on Math, Stats and Modeling. Build simple models through school projects or prior work experience. Able to explain past technical projects clearly. This job posting provides cursory examples of some of the job duties associated with this position. The examples provided are not complete, and the position may entail other essential and job-related functions and responsibilities that employees will be required to perform.

CAREER DEVELOPMENT:

It’s not just a job, it’s a career, and we are here to support you every step of the way. We want you to be successful and fulfilled. Through on-the-job experiences, personalized coaching and our robust learning and development programs, we encourage you — at every level — to grow and develop.

BENEFITS:

We offer comprehensive benefits to help you be healthy, build financial security, and balance work and home life. At The Hanover, you’ll enjoy what you do and have the support you need to succeed.

Benefits include:

• Medical, dental, vision, life, and disability insurance
• 401K with a company match
• Tuition reimbursement
• PTO
• Company paid holidays
• Flexible work arrangements
• Cultural Awareness Day in support of IDE
• On-site medical/wellness center (Worcester only)
• Click here for the full list of Benefits

EEO statement:

The Hanover values diversity in the workplace and among our customers. The company provides equal opportunity for employment and promotion to all qualified employees and applicants on the basis of experience, training, education, and ability to do the available work without regard to race, religion, color, age, sex/gender, sexual orientation, national origin, gender identity, disability, marital status, veteran status, genetic information, ancestry or any other status protected by law.

Furthermore, The Hanover Insurance Group is committed to providing an equal opportunity workplace that is free of discrimination and harassment based on national origin, race, color, religion, gender, ancestry, age, sexual orientation, gender identity, disability, marital status, veteran status, genetic information or any other status protected by law.”

As an equal opportunity employer, Hanover does not discriminate against qualified individuals with disabilities. Individuals with disabilities who wish to request a reasonable accommodation to participate in the job application or interview process, or to perform essential job functions, should contact us at:[e-mail] and include the link of the job posting in which you are interested.

Privacy Policy:

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Applicants who are California residents:

To see the types of information we may collect from applicants and employees and how we use it, please click here.

Compensation:

The target hiring range for this role may vary based on geographic location and other factors, including merit or performance, demonstrated proficiency, skills for the role, education, travel requirements, and experience. Additional compensation may include an annual bonus (which could take the form of a general bonus, sales incentive, or short-term incentive), long-term incentive or spot recognition awards. The posted range reflects our ability to hire at different position titles and levels depending on background and experience.