Senior Data Scientist
We are Farmers!
We are… more than just your favorite commercials. At Farmers, we strive to deliver peace of mind to our customers by providing protection and comprehensive advice and delivering in the moments of truth. That means having people who can help us meet changing customer and business needs. Farmers high-performance culture is focused on results and the people who achieve them. We hold ourselves and others accountable for sustainably growing the business and each other. We seek solutions, own our actions, and grow through discomfort. We see setbacks as opportunities while continuously asking ourselves how we impact our customers.
Farmers is an award winning, equal opportunity employer, committed to the strength of a diverse workforce. We are dedicated to supporting the well-being of our people through our extensive suite of benefits, as well as the well-being of the communities we serve through employee volunteer programs and nonprofit partnerships. Helping others in their time of need isn’t just our business – it’s our culture! To learn more about our high-performance culture and open opportunities, check out www.Farmers.com/careers/corporate and be sure to follow us on Instagram, LinkedIn, and TikTok.
Workplace: Hybrid ( #LI-Hybrid ), Remote ( #LI-Remote )
Farmers believes in a culture of collaboration, creativity, and innovation, which thrives when we have the ability to work flexibly in a virtual setting as well as the opportunity to be together in person. Our hybrid work environment combines the best of both worlds with at least three (3) days in office and up to two (2) days virtual for employees who live within fifty (50) miles of a Farmers corporate office. Applicants beyond fifty (50) miles may still be considered.
Job Summary
What You'll Do
- Leads the design, build and test/validate process for quantitative models (descriptive, predictive, optimization/simulation and others) built using a variety of modeling techniques.
- Models are used to predict activities or events within the lines of business such as fraud, subrogation, underwriting outcomes, retention rate, conversion rate, efficiency gain, etc.
- The modeling results could be presented to end users as reports, scorecards, dashboards, web applications or be implemented directly into the line of business workflow with an automated process.
- Partners with business leaders to identify project opportunities and clarify modeling requirements, including understanding who will use the potential solution and how it fits into the business process.
- Presents modeling results to business leaders and discusses interpretation and application of using the model.
- Performs research and development on new modeling algorithms, modeling concepts or technical tools to find applicability to Farmers projects.
- Presents results to the senior leadership team and recommends whether researched items should be added to the Farmers Analytics toolkit.
- Leads team meetings, knowledge sharing and individual learning activities.
- Perform other job duties as assigned.
What You'll Bring
- 5-7 years as Data Scientist or related technical role in a delivery oriented environment required.
- Experience within the insurance industry and insurance data preferred.
Education You'll Need
- High school diploma or equivalent required.
- Bachelor's degree preferred.
- Masters degree in statistics, operations research or other quantitative analytical field preferred.
Additional Qualifications
- Mastery and ability to use advanced statistical / Machine Learning concepts, including: regression, GLMs, decision trees, ensemble modeling, clustering, SVM, etc.
- Expert proficiency of at least one statistical/modeling packages (Python, R, Dell-Statistica, etc).
- Expert proficiency in data management programming SQL and PL-SQL.
- Must be well-organized, have strong written and oral communication skills, and be able to present to senior executives.
- Lead Projects from a technical standpoint using strong CRISP-DM methodology.
Physical Actions
Physical Environment
Benefits
- Farmers offers a competitive salary commensurate with experience, qualifications and location.
o CA Only: $119,920 - $191,290
o CO Only: $112,720 - $164,890
o HI/IL/MN/VT Only: $112,720 - $176,550
o MA Only: $112,720 - $176,550 - o MD Only: $112,720 - $176,550
o NY/DC/NJ Only: $112,720 - $191,290
o Albany County: $119,920 - $164,890
o WA Only: $112,720 - $200,625 - Bonus Opportunity (based on Company and Individual Performance)
- 401(k)
- Medical
- Dental
- Vision
- Health Savings and Flexible Spending Accounts
- Life Insurance
- Paid Time Off
- Paid Parental Leave
- Tuition Assistance
- For more information, review “What we offer” on https://www.farmers.com/careers/corporate/#offer
Job Location(s): R_US - United States
Anticipated application deadline: At Farmers, the recruitment process is designed to ensure that we find the best talent to join our team. As part of this process, we typically close open positions within 8 to 21 days after posting. If you are interested in any of our open positions, we encourage you to submit your application promptly.
Farmers will consider for employment all qualified applicants, including those with criminal histories, in accordance with the Los Angeles Fair Chance Initiative for Hiring Ordinance or other applicable law. Pursuant to 18 U.S.C. Section 1033, Farmers is prohibited from employing any individual who has been convicted of any criminal felony involving dishonesty or a breach of trust without prior written consent from the state Department of Insurance.
Farmers is an Equal Opportunity Employer and does not discriminate in any employer/employee relations based on race, color, religion, gender, sexual orientation, gender expression, genetic information, national origin, age, disability, marital status, military and veteran's status, or any other basis protected by applicable discrimination laws.
Want to learn more about our culture & opportunities? Check out www.Farmers.com/careers/corporate and be sure to follow us on Instagram, LinkedIn, and TikTok.