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Associate Data Science Actuary
Associate Data Science ActuaryReinsurance Group of America, Incorporated • Saint Louis, MO, US
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Associate Data Science Actuary

Associate Data Science Actuary

Reinsurance Group of America, Incorporated • Saint Louis, MO, US
Hace 15 días
Tipo de contrato
  • A tiempo completo
Descripción del trabajo

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The Associate Data Science Actuary, Americas Data Solutions is a qualified actuary with data science capabilities. This role involves combining technical skills and predictive modelling to contribute to innovative data products and collaborates on project-teams consisting of data scientists, actuaries, underwriting, IT, and business developers. The Associate Data Science Actuary will focus on data product innovation for internal and industry initiatives by leveraging new and existing data sources and solutions through exploratory analysis, insights, model maintenance, and model R&D.

Responsibilities

  • Provide advanced actuarial and analytical skills to support the development or enhancements of commercial data-solutions at RGA.
  • Lead, design, create and interpret end-to-end model's with a typical focus on risk scores.
  • Evaluate new external data sources and explore new applications of non-traditional data sources for RGA and our clients.
  • Participates in the development and enhancement of underlying processes and recommends improvements in data analysis / modeling best practice standards
  • Expected to face a variety of stakeholders at various levels of seniority
  • Offer risk management skills to any data processing or modeling exercise :
  • Understanding business context & where material scope for error lies
  • Adhering to professional standards, best practices, and ethical guidelines
  • Understanding the strengths and limitations of a modeling approach
  • Have a strong understanding on tools / techniques their actuarial peers will not have had a formal education in
  • Applications, risks, transparency, quality assurance & peer review, ethical guidelines
  • Staying abreast of new techniques, but focusing on practical applications
  • Liaising with RGA's Global D&A team for more sophisticated data science applications
  • Contributing to RGA's global analytics community, routinely sharing, maintaining consistency of approach

Requirements

  • Bachelor's degree in Math, Finance, Statistics, Actuarial Science, Computer Science or related field
  • FSA accreditation or equivalent
  • 6+ years of actuarial experience in life insurance / reinsurance
  • 2+ years statistical on-the-job modeling experience (not exam based) for insurance or related applications (Regression, Decision Trees, Time Series, etc.)
  • Statistical programs / languages (R or Python)
  • Spreadsheet skills (Excel / VBA) and database applications (SQL, Snowflake, Oracle,...)
  • Advanced predictive modeling skills
  • Tree-based models + GLMs
  • Cross-Validation, Residuals and model diagnostics
  • Basic Statistical concepts for feature engineering (e.g. percentiles, standardization, correlations, risk ratios / chi-square test, splines, and other non-linear transformations)
  • Pro-active use of insurance expertise & actuarial concepts to feature engineering and model evaluation
  • Advanced exploratory data analysis skills - Plots and graphics (BI / ggplot)
  • Ability to compile, analyze, refine, model and interpret very large data sets as well as the ability to incorporate expert judgment into statistical modeling techniques
  • Transform data to enhance its predictive value (feature engineering)
  • Advanced ability to translate business needs and problems into viable / accepted solutions
  • Advanced investigative, analytical and problem-solving skills
  • Preferred

  • Experience with product design / pricing / experience studies
  • Reinsurance industry experience
  • Master's degree or PhD in Statistics, Actuarial Science, Economics, or related field
  • 4+ years of experience with statistical modeling for insurance
  • project lead, supervisory or management experience
  • Ability to create and maintain commercial data-solutions
  • Familiar with actuarial modeling platforms (AXIS, Prophet, Exp Studies etc.)
  • Basic machine learning models / concepts (SVM's, GAN's, Neural Networks / Deep Learning, Naive Bayes, NLP), and / or basic statistical concepts for feature engineering for dimensionality reduction such as PCA's, SVD's, and clustering
  • Seniority level

    Seniority level

    Mid-Senior level

    Employment type

    Employment type

    Full-time

    Job function

    Job function

    Information Technology

    Industries

    Insurance

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    Associate Actuary • Saint Louis, MO, US

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