Insurance Data Scientist — Pricing & AI Insights (Flexible)

Placements24; Mbombela (Nelspruit); Hybrid; ZAR 900,000 - 1,500,000; Full time

Benefits offered by this job

Competitive salary

Bonuses

Medical benefits

Retirement benefits

Flexible working arrangement

Job summary

Placements24 is seeking an Insurance Data Scientist for its client in Nelspruit, Mpumalanga. The role focuses on advanced statistical modeling, ML, and data mining to optimize pricing and risk assessment across the insurance lifecycle.

The ideal candidate will have a strong quantitative background, expertise in Python or R, and experience building scalable data pipelines. Excellent communication and collaboration skills are required to translate complex insights for business teams.

Qualifications

• Master's or Ph.D. in quantitative field.
• 4+ years as Data Scientist in insurance or financial services.
• Proficiency in Python or R for data analysis and ML (scikit-learn, TensorFlow, PyTorch).
• Strong SQL and large dataset experience.
• Experience with data visualization tools (Tableau, Power BI).

Responsibilities

• Develop and implement predictive models for pricing, underwriting, claims, and customer behavior.
• Analyze large datasets to identify trends, patterns, and opportunities for business improvement.
• Design and run A/B tests and experiments to evaluate model performance and impact.
• Collaborate with stakeholders to translate needs into data science solutions.
• Build data pipelines and automate data processes for efficiency and scalability.
• Communicate complex findings clearly to technical and non-technical audiences.
• Stay updated on advancements in data science, ML, and AI.
• Contribute to data strategy and best practices within the organization.

Skills

Statistical modeling

Machine learning

Data mining

Data visualization

Problem solving

Communication

Education

Master's or Ph.D. in Data Science, Statistics, Computer Science, Mathematics, or related quantitative field

Tools

Python

R

SQL

Tableau

Power BI

TensorFlow

PyTorch

Job description

Placements24 is seeking an Insurance Data Scientist for its client in Nelspruit, Mpumalanga. The role focuses on advanced statistical modeling, ML, and data mining to optimize pricing and risk assessment across the insurance lifecycle.

The ideal candidate will have a strong quantitative background, expertise in Python or R, and experience building scalable data pipelines. Excellent communication and collaboration skills are required to translate complex insights for business teams.