Data Scientist for Insurance Risk Analysis

1 day ago


Gurgaon, Haryana, India EliteRecruitments Full time

Job Title: Data Scientist for Insurance Risk Analysis

Company Overview:

EliteRecruitments is a leading recruitment agency that specializes in finding top talent for various industries.

About the Job:

We are seeking a highly skilled Data Scientist to join our team. As a Data Scientist, you will play a crucial role in analyzing complex data sets to provide actionable insights for our clients.

Key Responsibilities:

  • Develop and implement statistical models and algorithms to analyze complex data sets.
  • Conduct data analysis and visualization to provide actionable insights.
  • Utilize Python and R for data manipulation, modeling, and visualization tasks.
  • Apply Generalized Linear Models (GLMs) in various projects, particularly in the context of property and casualty insurance.
  • Collaborate with actuarial teams to integrate data science methodologies into existing processes.
  • Communicate findings effectively to both technical and non-technical stakeholders.
  • Stay updated on industry trends and advancements in data science and actuarial practices.

General Requirements:

  • Knowledge of mathematics, probability, statistics, and Commercial Insurance business.
  • Knowledge of Underwriting process and Insurance pricing methodologies (Conventional and Innovative approaches).
  • Proficiency in data science techniques, including modeling, data analysis, and visualization.
  • Strong experience with programming languages such as Python and R.
  • Familiarity with Generalized Linear Models (GLM) and their application in insurance.
  • Background in actuarial science or property and casualty insurance is preferred.
  • Willingness to learn and develop data science skills is highly valued, particularly for candidates with a strong actuarial foundation.
  • Previous experience with insurance GLM modeling tools (e.g., Emblem) is a plus, even if programming experience is limited.

Estimated Salary: ₹1,200,000 - ₹1,800,000 per annum


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