Pricing Modeling Data Specialist
3 weeks ago
Are you a detail-oriented individual with a passion for data analysis? Do you enjoy working with complex data sets to identify trends and patterns? If so, AmTrust Financial Services has an exciting opportunity for a Pricing Modeling Data Specialist to join our growing Data Science & AI Team. As a key member of the team, you will work with various data sources, including 3rd party commercial insurance data, to develop and implement pricing models that help us assess risks more accurately, price more effectively, and understand and serve our customers more thoroughly.
About Us
AmTrust Financial Services Inc. is a multinational property and casualty insurer specializing in coverage for small to mid-sized businesses. We love finding new and innovative ways to use our data and technology to provide a top-notch customer experience. Our company strives to create a diverse and inclusive culture where thoughts and ideas of all employees are appreciated and respected.
Key Responsibilities:
- Develop and implement loss cost models, retention, conversion, and other relevant pricing models for commercial insurance
- Embed 3rd party commercial insurance data sources into pricing applications
- File predictive models and pricing structures across different states
- Work with Python and R programming languages to analyze and visualize data
- Collaborate with stakeholders to communicate complex data insights and develop effective monitoring strategies for implemented pricing strategies
Requirements:
- MA/MSC/Ph.D. in Computer Science, Statistics, Data Science, Economics, or other quantitative field
- At least 5 years' experience in developing and implementing loss cost models, retention, conversion, and other relevant pricing models for commercial insurance
- Strong leadership capabilities and great working relationships with different stakeholders
What We Offer:
- A competitive compensation package, including an estimated annual salary of $160,000-$220,000, depending on experience, medical and dental plans, life insurance, health care flexible spending, dependent care, 401k savings plans, and paid time off.
- Excellent career advancement opportunities in a diverse and inclusive culture where thoughts and ideas of all employees are appreciated and respected.
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