Data Scientist II – Hybrid

Overview:
Western National is seeking a Data Scientist II to join our team! We are The Relationship Company®, and we strive to provide best-in-class service to all our agency partners and policyholders while promoting a culture of work/life balance to our employees.
This is a great opportunity for the right person to help develop statistical models and create predictions of future policy and claim outcomes. This individual will participate in all phases of the modeling process and uphold and promote the Western National high standards of reliable customer service.
If you are interested in joining a growing company and are passionate about providing exceptional Data and Analytics services, we invite you to apply today!
The targeted hiring range is: $84,800-$116,600 annually; however, the base pay offered may vary depending on the job-related knowledge, skills, credentials, and experience of each candidate as well as other factors such as the scope and location of the role. Candidates outside of the range listed above are encouraged to apply and will be considered based upon their individual qualifications and/or may be considered for other positions.
Responsibilities:
Develops pricing models using internal and external data sets.
Develops P&C Insurance pricing models. Leverages experience for faster model development, and less iterations required.
Demonstrates a sound understanding of the data extraction process, where the data is sourced from and what each data element represents.
Performs feature engineering to transform data into more meaningful predictive features.
Understands business line rating methodologies; looks for opportunities to improve our rating sophistication.
Develops a sound understanding of commonly used model methodologies, and clearly articulate the primary benefits and detractors of various methodologies.
Develops tools to monitor production models based on loss performance, usage, system performance, and data drift.
Documents model development process for technical and non-technical resources.
Communicates clearly with business partners to explain the model methodology and output. Helps troubleshoot issues/questions from business partners.
Assists other team members as needed.
Performs special projects and other duties as assigned.
Qualifications:
3-5 years’ experience in data science, actuarial analysis, and/or data analysis.
Intermediate understanding of assigned insurance lines.
Strong presentation skills and ability to present to technical and non-technical resources.
Ability to pay attention to detail and ensuring validity of data and results.
Takes ownership of mistakes and creates solutions that prevent similar mistakes.
Ability to work independently and as part of a team.
Ability to prioritize work to meet project deadlines.
Bachelor’s or Master’s degree in science, technology, mathematics or business preferred; experience in lieu of degree.
Advanced knowledge of Python, R and or SAS.
Intermediate knowledge of SQL.
Basic understanding of BI tools such as Tableau, Power BI, and/or SSRS.
CULTURE AND TOTAL REWARDS:
Currently ranked as the 37th largest private company by revenue in Minnesota (Minneapolis-St. Paul Business Journal), Western National has earned accolades year-over-year as an employer of choice and garnered multiple awards for wellness in the workplace including the Wellness by Design Platinum +Green award from Hennepin County and is a mspWellness Champion. Western National was also named a Star Tribune Top Workplace in 2021 and 2022. The company is also consistently recognized as a Ward’s 50 property-and-casualty insurance company for its outstanding financial results.
Western National has long been known as “The Relationship Company®,” and caring for our employees is a part of that relationship commitment. Western National values connectiveness, empowerment, and accountability. Western National offers competitive pay, advancement opportunities, a generous benefits package, a robust wellbeing program, and a commitment to a healthy work/life balance. These attributes are just some of the reasons why nearly half of our employees choose to stay on the Western National team for ten years or more!
Western National offers full time employees a significant Total Rewards Package, including:
Medical insurance Plan options
Health Savings Accounts (HSA)
Flex Spending Accounts (FSA)
401(k) Plan (plus company match)
Wellbeing Program
Onsite Fitness Studio
Paid volunteer time
Time Off – including vacation and holiday pay
100% company-paid tuition reimbursement for approved job-relevant coursework and access to The Institutes (Risk & Insurance Education)
Discounts on personal auto and homeowner’s insurance
Paid parental leave
Profit-sharing bonus
Other standard employee benefits – including dental insurance, vision benefits, life insurance, disability insurance, and more.
Western National believes in supporting balance between work and life by providing a flexible work environment with includes a variety of hybrid and remote work arrangements designed to balance individual, job, department, and company needs.
Western National provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.