Senior Insurance Data Scientist

SureGuard; United States; Remote; USD 130,000 - 195,000; Full time

Job summary

A leading company is seeking a Senior Data Scientist to optimize underwriting processes by performing statistical analysis and developing machine learning models for cyber risk assessment. The role involves analyzing complex datasets, collaborating cross-functionally, and driving automation strategies to enhance underwriting efficiency. Applicants should possess a Bachelor's degree in a quantitative field and extensive experience in risk modeling within the insurance industry.

Benefits

100% medical, dental and vision coverage

Flexible PTO policy

Annual home office stipend and WeWork access

Mental & physical health wellness programs

Competitive compensation and opportunity for advancement

Qualifications

• 5+ years of experience in underwriting, quantitative analysis, or risk modeling in the insurance industry.
• Knowledge of underwriting, pricing, reserving, or risk management processes in insurance.
• Capable of working with remote teams.

Responsibilities

• Analyze diverse datasets including claims data and cybersecurity risk signals.
• Develop and refine statistical and machine learning models for cybersecurity risk assessment.
• Create comprehensive reports to inform strategic decisions.

Skills

SQL

Python

R

Data Visualization

Analytical Skills

Communication

Education

Bachelor's degree in a quantitative field

Tools

Tableau

Power BI

Looker

Snowflake

AWS Athena

Job description

About the role

As a Senior Data Scientist at Coalition you will be responsible for measuring, understanding, and helping optimize Coalition’s underwriting. You will perform statistical analysis to provide data-driven insights. You will help us understand and improve our cyber risk selection and reduction, pricing and automation in order to grow our revenue in a safe and efficient manner.

Responsibilities

• Analyze diverse datasets including claims data, cybersecurity risk signals, and underwriting databases to extract meaningful patterns and insights
• Large scale data analysis with the objective of producing valuable risk signals to be used for underwriting or risk evaluation of organizations
• Develop and refine statistical and machine learning models to assess cybersecurity risks with applications to underwriting and pricing.
• Create comprehensive reports on underwriting efficiency metrics and risk selection quality to inform strategic decisions
• Apply statistical techniques to evaluate and improve our cyber risk assessment methodology
• Provide analytical support for underwriting strategies to balance growth with risk management
• Identify, analyze, and implement opportunities to automate underwriting workflows using advanced analytics and data-driven strategies
• Collaborate cross-functionally with actuarial, product, and engineering teams to implement data-driven improvements. Lead cross-functional initiatives in area of expertise.
• Serve as both a technical lead and a mentor within the underwriting team.
• Work alongside other data scientists, software engineers, and cyber security engineers to improve underwriting at Coalition. Intellectual curiosity and proactive approach to identifying improvement opportunities

Skills and Qualifications

• Bachelor's degree in a quantitative field (e.g., Statistics, Mathematics, Computer Science, Actuarial Science, or related discipline)
• 5+ years of experience in underwriting, quantitative analysis, or risk modeling in the insurance industry
• Knowledge of underwriting, pricing, reserving, or risk management processes in insurance
• Advanced SQL skills for querying complex databases and joining disparate data sources
• Expertise in data manipulation and analysis using Python, R, or similar analytical tools
• Experience with data visualization tools (e.g., Tableau, Power BI, Looker)
• Experience with dashboard creation for operational metrics tracking
• Strong communication and analytical skills
• Capable of working with remote teams

Bonus Skills

• Actuarial qualification
• Experience in cyber insurance or cyber security.
• Prior experience or willingness to learn how to work with large datasets and big data technologies (Snowflake, AWS Athena)

Compensation

Our compensation reflects the cost of labor across several US geographic markets. The US base salary for this position ranges from $130,000/year in our lowest geographic market up to $195,000/year in our highest geographic market. Consistent with applicable laws, an employee's pay within this range is based on a number of factors, which include but are not limited to relevant education, skills, job-related knowledge, qualifications, work experience, credentials, and/or geographic location. Your recruiter can share more on target salary for your location during the interview process. Coalition, Inc. reserves the right to modify this range as needed.

Perks

• 100% medical, dental and vision coverage
• Flexible PTO policy
• Annual home office stipend and WeWork access
• Mental & physical health wellness programs (One Medical, Headspace, Wellhub, and more)!
• Competitive compensation and opportunity for advancement