Remote Insurance Data Scientist: ML & Pricing

Placements24; Rustenburg; Hybrid; ZAR 900,000 - 1,500,000; Full time

Benefits offered by this job

Health insurance

Retirement plan

Home office stipend

Flexible hours

Remote team

Job summary

Placements24 is seeking a remote Insurance Data Scientist to join a leading insurtech analytics team. This fully remote role allows you to work from anywhere in South Africa while building models that drive pricing, risk scoring, and customer segmentation.

You will develop and validate predictive models, collaborate with product, engineering and business stakeholders, mentor junior data scientists, and apply the latest ML techniques to insurance data.

Qualifications

• Master's or Ph.D. in Data Science, Computer Science, Statistics, Mathematics, or a related quantitative field.
• Minimum of 4-6 years of professional experience as a Data Scientist, with a significant focus on the insurance industry.
• Proficiency in programming languages such as Python or R, and libraries like scikit-learn, TensorFlow, PyTorch, pandas, and NumPy.
• Strong experience with SQL and working with large databases.
• Solid understanding of statistical modeling, machine learning techniques, and data mining principles.
• Experience with data visualization tools (e.g., Tableau, Power BI, Matplotlib).
• Excellent analytical, problem-solving, and critical thinking skills.
• Strong communication and interpersonal skills, with the ability to explain technical concepts clearly.
• Proven ability to work independently, manage projects effectively, and thrive in a remote, collaborative environment.
• Familiarity with cloud platforms (AWS, Azure, GCP) is a plus, regardless of your proximity to Rustenburg, North West .

Responsibilities

• Collect, clean, and process large, complex datasets from various internal and external sources.
• Develop, test, and deploy predictive models and machine learning algorithms for applications such as fraud detection, risk scoring, pricing, and customer segmentation.
• Analyze insurance data to identify trends, patterns, and insights that can inform business strategy.
• Design and conduct A/B tests and other experiments to measure the impact of new initiatives.
• Collaborate with product managers, engineers, and business stakeholders to define data requirements and translate business needs into analytical solutions.
• Visualize and communicate complex data findings and model results to both technical and non-technical audiences.
• Stay abreast of the latest advancements in data science, machine learning, and artificial intelligence relevant to the insurance industry.
• Ensure data quality, integrity, and security throughout the analytical process.
• Contribute to the development of the company's data infrastructure and analytical capabilities.
• Mentor junior data scientists and contribute to a culture of continuous learning and innovation.

Skills

Python

R

SQL

Scikit-learn

TensorFlow

PyTorch

Pandas/NumPy

Data Visualization

Statistics

Cloud platforms

Education

Master's or Ph.D. in Data Science

Tools

Tableau

Power BI

Matplotlib

Job description

Placements24 is seeking a remote Insurance Data Scientist to join a leading insurtech analytics team. This fully remote role allows you to work from anywhere in South Africa while building models that drive pricing, risk scoring, and customer segmentation.

You will develop and validate predictive models, collaborate with product, engineering and business stakeholders, mentor junior data scientists, and apply the latest ML techniques to insurance data.