Junior Data Scientist- Engage grade 7

Evolution Group; Home (KS); On-site; USD 90,000 - 150,000; Full time

Job summary

Evolution Group seeks a skilled practitioner to design and implement statistical and machine learning models for pricing evaluations and cashflow forecasting. You will transform model outputs into actionable pricing recommendations, while validating data and maintaining robust data management practices.

The role emphasizes collaboration with finance and operations, development of automated workflows, and ongoing model calibration to ensure accuracy and timely pricing decisions across portfolios.

Responsibilities

• 2.1 Design, develop and implement statistical and machine learning models to support pricing evaluations and predict future cashflows. Translate model outputs into pricing recommendations that reflect expected cashflows, uncertainty and business objectives.
• 2.2 Prepare, validate and analyse pricing and evaluation data to identify trends, portfolio characteristics and cashflow drivers. Maintain evaluation data in accordance with agreed data management procedures.
• 2.3 Identify, create and select relevant features from historical cashflows, account attributes and portfolio characteristics to improve pricing and cashflow predictions. Assess feature quality, stability and availability at the time of pricing.
• 2.4 Validate and back-test pricing and cashflow models to assess accuracy, reliability and suitability across portfolios. Calibrate model parameters and assumptions using observed performance, monitor predicted against actual cashflows and investigate deviations to recommend model improvements.
• 2.5 Develop and maintain automated workflows for running pricing models, model calibrations and model monitoring. Incorporate data checks, repeatable calculations and exception reporting to improve consistency, reduce manual effort and support timely pricing delivery.
• 2.6 Work closely with finance, operations and other teams to understand pricing requirements, agree model assumptions and translate business needs into analytical solutions. Provide advice and analytical support to pricing evaluations and related processes.
• 2.7 Present pricing analysis, cashflow forecasts, model performance and calibration results through reports, dashboards and presentations. Explain assumptions, limitations and material deviations clearly to support pricing discussions and decisions.
• 2.8 Evaluate developments in statistics, machine learning, AI, cashflow forecasting and pricing analytics. Test and apply suitable methods to improve pricing model accuracy, calibration, monitoring and automation.

Job description

Model Development

2.1.1 Design, develop and implement statistical and machine learning models to support pricing evaluations and predict future cashflows. Translate model outputs into pricing recommendations that reflect expected cashflows, uncertainty and business objectives.

Model Development

2.1.1 Design, develop and implement statistical and machine learning models to support pricing evaluations and predict future cashflows. Translate model outputs into pricing recommendations that reflect expected cashflows, uncertainty and business objectives.

2.2 Data Management And Analysis

2.2.1 Prepare, validate and analyse pricing and evaluation data to identify trends, portfolio characteristics and cashflow drivers. Maintain evaluation data in accordance with agreed data management procedures.

2.3 Feature Engineering

2.3.1 Identify, create and select relevant features from historical cashflows, account attributes and portfolio characteristics to improve pricing and cashflow predictions. Assess feature quality, stability and availability at the time of pricing.

2.4 Model Validation, Calibration And Monitoring

2.4.1 Validate and back-test pricing and cashflow models to assess accuracy, reliability and suitability across portfolios. Calibrate model parameters and assumptions using observed performance, monitor predicted against actual cashflows and investigate deviations to recommend model improvements.

2.5 Automation

2.5.1 Develop and maintain automated workflows for running pricing models, model calibrations and model monitoring. Incorporate data checks, repeatable calculations and exception reporting to improve consistency, reduce manual effort and support timely pricing delivery.

2.6 Collaboration

2.6.1 Work closely with finance, operations and other teams to understand pricing requirements, agree model assumptions and translate business needs into analytical solutions. Provide advice and analytical support to pricing evaluations and related processes.

2.7 Reporting

2.7.1 Present pricing analysis, cashflow forecasts, model performance and calibration results through reports, dashboards and presentations. Explain assumptions, limitations and material deviations clearly to support pricing discussions and decisions.

2.8 Research And Innovation

2.8.1 Evaluate developments in statistics, machine learning, AI, cashflow forecasting and pricing analytics. Test and apply suitable methods to improve pricing model accuracy, calibration, monitoring and automation.