Skip to main content

This job has expired

D3 Sr Data Scientist - Model Validation

Employer
Allstate Insurance Company
Location
Menlo Park, California
Salary
Not Specified
Closing date
Feb 24, 2019

View more

Category
Actuary
Job Type
Not Specified
Career Level
Not Specified

Job Details

Where good people build rewarding careers.

Think that working in the insurance field cant be exciting, rewarding and challenging? Think again. Youll help us reinvent protection and retirement to improve customers lives. Well help you make an impact with our training and mentoring offerings. Here, youll have the opportunity to expand and apply your skills in ways you never thought possible. And youll have fun doing it. Join a company of individuals with hopes, plans and passions, all using and developing our talents for good, at work and in life.

Job Description

Data Discovery and Decision Science (D3) is the research and analytics organization at Allstate. We are solving some of todays most complicated analytics problems by incorporating techniques across many disciplines including mathematics/statistics, computer programming, data engineering and ETL, software development, and high performance computing with traditional business expertise to extract meaning from data and optimize business decisions. As a Sr. Data Scientist, Model Validation that means using your expertise in several of these disciplines to assure the quality of insights generated by predictive models and new machine learning techniques across a broad range of datasets and business challenges. You will be part of making the lives of our Allstate colleagues easier and more productive, generating new opportunities for profitable market share growth, and driving our mission to deliver perfect insurance solutions to our customers.

We are avid about learning and applying new predictive analytics solutions to get the most value from our massive data resources. As a Sr. Data Scientist, Model Validation in D3 you will get 10% of your time to innovate, learn, collaborate, and teach through work on your own initiatives. In partnership with technology and the business, we are incorporating analytics into every aspect of the enterprise. Developing ourselves and others is key to our success.

Job Summary

In this role, you will be part of an internal model validation team for the D3 department. You will use your experience in machine learning and predictive modeling to support continued evolution of a model validation framework and to direct peer review teams to validate and enhance critical models and insights for business decision-making. You will also share and spread best practices throughout Allstates model community and be a liaison to risk management activities across the enterprise. The complexity of projects you will manage within this role will depend on your experience.

Key Responsibilities

  • Develop and implement key elements of a flexible analytic validation framework, including application to emerging and advanced analytics (e.g., unstructured data, natural language processing, automation, AI)
  • Facilitate and drive department peer review teams to execute analytic validation projects
  • Review and evaluate appropriateness of analytic techniques and solutions, given current modeling practices and business requirements, and propose alternatives when necessary
  • Champion the sharing and adoption of appropriate methodologies and best practices in an analytic environment
  • Cultivate cross-functional knowledge-sharing that drives analytic consistency and transparency across Allstate
  • Advise department teams on data and business problems to drive improved business results through designing, building, and partnering to implement models
  • Utilize effective project planning techniques to break down moderately complex projects into tasks and including appropriate risk management while ensuring deadlines are kept
  • Communicate findings to team members, leadership and stakeholders to ensure risks and variations are well understood; recommend appropriate mitigations when necessary
  • Use and learn a wide variety of tools and languages to achieve results (e.g., R, Python, Spark, SAS, Hadoop)
  • Identify approaches and tools that can bring efficiencies or needed techniques to the team
  • Collaborate with the team in order to improve the effectiveness of business decisions through the use of data and machine learning/predictive modeling
  • Develop and execute a communication strategy, with appropriate coaching, that keeps all relevant stakeholders informed and provides an opportunity to influence the direction of the work
  • Maximize personal professional development to ensure continuation of a personal contribution to the team and Allstate

Job Qualifications

  • Advanced degree in a quantitative field such as statistics, mathematics, computer science, finance or economics, or equivalent experience
  • Proven knowledge of advanced statistical modeling and/or machine learning techniques, ability to quickly learn and understand strengths and limitations of new algorithms
  • Experience working with modeling tools and techniques such as R, Python, Spark, GLM, Gradient Boosting (GBM/GBT), Natural Language Processing
  • Experience working with statistical software such as R, SAS, SPSS, MatLab, CART, etc.
  • Understanding of the insurance market place, economics and regulation preferred
  • Ability to analyze and interpret moderate to complex concepts
  • Prior model validation experience a plus
  • Ability to provide written and oral interpretation of highly specialized terms and data and to present this data to audiences with various levels of expertise
  • Demonstrated analytic agility
  • Ability to organize, facilitate teamwork, inspire trust and build alignment with cross-functional projects
  • Ability to develop and/or revise tactics to support changing business strategies and direction
  • Proven communication and influence skills taking varying audiences into consideration
  • Advanced degree in a quantitative field such as statistics, mathematics, computer science, finance or economics, or equivalent experience
  • Proven knowledge of advanced statistical modeling and/or machine learning techniques, ability to quickly learn and understand strengths and limitations of new algorithms
  • Experience working with modeling tools and techniques such as R, Python, Spark, GLM, Gradient Boosting (GBM/GBT), Natural Language Processing
  • Experience working with statistical software such as R, SAS, SPSS, MatLab, CART, etc.
  • Understanding of the insurance market place, economics and regulation preferred
  • Ability to analyze and interpret moderate to complex concepts
  • Prior model validation experience a plus
  • Ability to provide written and oral interpretation of highly specialized terms and data and to present this data to audiences with various levels of expertise
  • Demonstrated analytic agility
  • Ability to organize, facilitate teamwork, inspire trust and build alignment with cross-functional projects
  • Ability to develop and/or revise tactics to support changing business strategies and direction
  • Proven communication and influence skills taking varying audiences into consideration
The candidate(s) offered this position will be required to submit to a background investigation, which includes a drug screen.

Good Work. Good Life. Good Hands.


As a Fortune 100 company and industry leader, we provide a competitive salary but thats just the beginning. Our Total Rewards package also offers benefits like tuition assistance, medical and dental insurance, as well as a robust pension and 401(k). Plus, youll have access to a wide variety of programs to help you balance your work and personal life -- including a generous paid time off policy.


Learn more about life at Allstate. Connect with us on Twitter, Facebook, Instagram and LinkedIn or watch a video.


Allstate generally does not sponsor individuals for employment-based visas for this position.

Effective July 1, 2014, under Indiana House Enrolled Act (HEA) 1242, it is against public policy of the State of Indiana and a discriminatory practice for an employer to discriminate against a prospective employee on the basis of status as a veteran by refusing to employ an applicant on the basis that they are a veteran of the armed forces of the United States, a member of the Indiana National Guard or a member of a reserve component.

For jobs in San Francisco, please click "here" for information regarding the San Francisco Fair Chance Ordinance.

For jobs in Los Angeles, please click "here" for information regarding the Los Angeles Fair Chance Initiative for Hiring Ordinance.

It is the policy of Allstate to employ the best qualified individuals available for all jobs without regard to race, color, religion, sex, age, national origin, sexual orientation, gender identity/gender expression, disability, and citizenship status as a veteran with a disability or veteran of the Vietnam Era.

Company

COMPANY INFORMATION The Allstate Corporation (NYSE: ALL) protects people from life's uncertainties with more than 113 million proprietary policies. Allstate offers a broad array of protection products through multiple brands and diverse distribution channels, including auto, home, life and other insurance offered through its Allstate, Esurance, Encompass, SquareTrade and Answer Financial brands. Allstate is widely known from the slogan "You're in Good Hands with Allstate." The Allstate Corporation is the largest publicly held personal lines property and casualty insurer in America. Allstate was founded in 1931 and became a publicly traded company in 1993. In 2023, Allstate was number 84 on the Fortune 500 list of largest companies in America. WHAT WE DO We’re more than insurance agents and claims representatives. We’re individuals with hopes, plans and passions. The biggest of which is helping people live smarter, safer lives. Doing so means continuing to re-imagine how we do what we do, the impact we can make on the world, ways we can each succeed in our own careers and actions we can take as a company that are good for all. To do that, we need all kinds of people – including lawyers, accountants, building engineers, project managers, marketing professionals, human resource specialists and so many more. WHO WE ARE – INCLUSIVE DIVERSITY    We hold each other accountable to encourage and embrace our collective differences. It’s our individual characteristics, values and beliefs, along with backgrounds and experiences that give us fresh perspective and purpose. We work harder, meet customer needs more effectively, share better, and identify more innovative ideas when we are accepted for who we are by the world around us. Our success comes from a chorus of many different voices. At Allstate, every voice counts.​ In our stand against racism, we’ve been making changes within Allstate. We’ve been listening, learning and engaging in change. We are focused on improving equity for all. Allstate is committed to long-term change not only in the way we conduct our business, but also for our employees. There’s a dynamic environment waiting for you here. You’ll find people with similar interests, as well as the many who’ll help expand your horizons. We believe in the power of connections. That’s why Allstate promotes diversity through a robust network of employee resource groups. It helps connect us all and supports our unique talents. Here are some of the available resource groups that actively support our employees: Abilities Beyond Limitations & Expectations African American Working Network Allstate Asian American Network Allstate Foster and Adoption Network Allstate PRIDE Allstate Veterans Engagement Team and Supporters Allstate Women’s Information Network Entrepreneurs at Allstate Families at Allstate Matter Native American Peoples at Allstate Professional Latino Allstate Network Young Professionals Organization WHY JOIN OUR COMPANY Allstate has been protecting people from life's uncertainties since 1931. We continuously develop and improve products and services so our customers can live well protected. For employees, we offer an environment that fosters innovative thinking and collaboration - where you'll be able to explore your ideas and feel proud of the work you do.  Our Benefits Allstate is dedicated to helping employees live happier and healthier lives. As a Fortune 100 company and industry leader, we provide a competitive salary and a benefits package that includes medical and dental insurance, tuition assistance, as well as a robust pension and 401(k). Plus, you'll have access to a wide variety of programs to help you balance your work and personal life - including a generous paid time off policy.  Growth and Development We support your desire to grow and provide opportunities to learn, explore new horizons, and follow your passion in a meaningful career. From access to hundreds of learning opportunities to in-house networking and rotational work experiences, Allstate is a place where you can forge your own path and expand your personal and professional potential. 
Company info
Website

Get job alerts

Create a job alert and receive personalized job recommendations straight to your inbox.

Create alert