Statistical Data Scientist

MMI Holdings Ltd; Centurion; Hybrid; ZAR 500 000 - 800 000; Full time

Job summary

A leading company in the insurance sector is seeking a Statistical Data Scientist to enhance their analytics capabilities. The role involves managing data processes, performing statistical modelling, and developing analytical solutions to support business objectives. Ideal candidates will have a strong background in statistics and data science, coupled with experience in the insurance industry.

Qualifications

• At least 2 years of experience in statistical modelling or an analytical role.
• Actuarial candidates should have passed all CT’s and CA1.

Responsibilities

• Data collection, verification, and management.
• Extract insights and recommend actions through statistical modelling.
• Design and develop analytical solutions to meet business needs.

Skills

Statistical modelling

Data analysis

Machine learning

Communication

Education

Degree in Actuarial Science, Statistics, Business Sciences, or relevant postgraduate qualifications

Tools

Microsoft Excel

SQL

R

Python

Job description

Closing Date: 2023/03/31

Reference Number: MMH220819-8

Job Title: Statistical Data Scientist

Position Type: Permanent

Role Family: Actuarial

Cluster: MOMENTUM INSURE COMPANY LIMITED

Remote Opportunity: Some of the time

Location - Country: South Africa

Location - Province: Gauteng

Location - Town / City: Centurion

Introduction

Through our client-facing brands Metropolitan and Momentum, with Multiply (wellness and rewards programme), and our other specialist brands, including Guardrisk and Eris Property Group, the group enables business and people from all walks of life to achieve their financial goals and life aspirations.

We help people grow their savings, protect what matters to them, and invest for the future. We assist companies and organizations in caring for and rewarding their employees and members. Through our own network of advisers or via independent brokers and utilizing new platforms, Momentum Metropolitan provides practical financial solutions for people, communities, and businesses. Visit us at www.momentummetropolitan.co.za

Role Purpose

To be involved in all analytics-related aspects of the management of a short-term insurer, including performance remuneration, product development, experience monitoring, process optimization, and other ad-hoc projects. This broad technical role requires a passion for data science.

The role will focus on accountability for key BAU processes but will mainly involve ad-hoc projects across various areas of a short-term insurer. It is ideal for a candidate with exceptional analytical and data science skills seeking to explore and grow their skills in the insurance sector.

Requirements

• Degree in Actuarial Science, Statistics, Business Sciences, Business Mathematics, or other relevant postgraduate qualifications with a statistical/modelling focus.
• Actuarial candidates should have passed all CT’s and CA1.
• At least 2 years of experience in statistical modelling or an analytical role.
• Proficiency in Microsoft Excel, SQL.
• Experience with modelling software such as R and Python.
• Experience in the short-term insurance industry is advantageous.

Duties & Responsibilities

• Data collection, verification, and management.
• Extract insights and recommend actions through statistical modelling and data analysis.
• Design and develop analytical solutions to meet business needs.
• Report on analyses, models, and solutions developed.
• Maintain an energetic approach and a strong sense of urgency.
• Demonstrate self-discipline and motivation.
• Show enthusiasm and passion for the job and company.
• Communicate effectively, both in writing and verbally.
• Apply exceptional analytical and technical skills, with an interest in machine learning.
• Work effectively both independently and as part of a team.