The Hartford Financial Services Group, Inc

Associate Data Scientist

Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Master's degree in Statistics, Mathematics, Economics, Engineering, Physics, Actuarial Science, or a related field; or commensurate work experience with a Bachelor's degree.
  • At least 2 years of experience in the insurance industry, preferably in loss cost modeling or personal lines.
  • Proficiency in analytical tools such as Python, SQL, R, and familiarity with machine learning techniques.
  • Strong problem-solving skills with the ability to conduct independent research and team collaboration.
  • Passion for process improvement and waste elimination in workflows.

Responsibilities

  • Create analytical solutions for improving pricing strategies in Personal Auto and Home lines.
  • Transform large data sets into actionable insights leveraging predictive modeling and machine learning.
  • Collaborate with multi-disciplinary teams including data engineering and business intelligence.
  • Utilize agile methodologies to deliver analytics support and modeling solutions.
  • Conduct research and experimentation in modeling techniques and data analysis.

Benefits

  • Opportunity for professional development and further education.
  • Collaboration with experienced peers across multiple analytics disciplines.
  • Access to advanced tools and technologies for analytics and modeling.
  • Engagement in a culture that values inclusivity and continuous learning.
  • Potential for participation in projects with escalating size and impact.
Full Job Description
Assoc Data Scientist - GD08BE

As an Associate Data Scientist with The Hartford you will create analytical solutions to enhance the organization's pricing sophistication and competitive advantage specifically for the Personal Auto and Home lines of business. You will transform large data sets into actionable business insights using predictive modeling and machine learning solutions. Generalized linear models are a core technical component of this role, but you will also work with other machine learning techniques (e.g. gradient boosted trees) and MLOps frameworks. You will be part of a multi-disciplinary analytics team, collaborating closely with data engineering, performance analytics, business intelligence, and data scientist peers. You will use agile methodologies to deliver analytics support and modeling solutions to your business partners in Personal Lines Product Management.

The tools you may work with include:
  • Python, SQL or R
  • Linux and bash
  • IDEs such as Jupyter, VS Code, and RStudio
  • Git and GitHub
  • Environment control such as conda and Docker
  • Spark and/or Snowflake
  • Scientific reporting frameworks such as Quarto and R Markdown
  • AWS including EC2 and SageMaker

About you:
  • You hold a Master's degree in Statistics, Mathematics, Economics, Engineering, Physics, Actuarial Science, or similar analytical field; or you have commensurate work experience with a Bachelor's degree and interest in further education.
  • You have at least 2 years of relevant experience in the insurance industry, with a preference for applications in loss cost modeling or personal lines products
  • You can independently research solutions to your problems, but are not afraid to ask for help to refine those solutions
  • You have an obsession with process improvement and you identify and eliminate waste in work flows
  • You prioritize tasks within the context of your projects and can track and communicate progress toward your goals
  • You bring empathy and an open mind to the table when reviewing collaborators' business problems.
  • You love tracking down the root causes and identifying the tradeoffs of different solutions
  • You are a continuous learner with an interest in developing technical skills, business acumen, and relationship building
  • You build community around common interests and shared goals for the purpose of democratizing knowledge, championing best practices, and supporting others
  • You understand the importance of culture, collaboration, and inclusivity as essential ingredients of a high-output data team


Candidate must be authorized to work in the US without company sponsorship. The company will not support the STEM OPT I-983 Training Plan endorsement for this position.

What to expect:

Within one month, you will:
  • Meet the peers and business partners across Data Science, Data Engineering, Performance Analytics, Pricing, and Product Management.
  • Partner with more experienced team members to perform modeling experiments and become familiar with our approach.

Within three months, you will:
  • Deliver insights to business partners based on your findings from class plan modeling experiments.
  • Begin influencing what work is being performed, how it is being performed, and how stakeholders are being engaged.

Within one year, you will:
  • Contribute to projects in roles of escalating size and scope
  • Tackle larger, more strategic, engagements with business partners and peers.


Compensation

The listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of The Hartford's total compensation package for employees. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition. The annualized base pay range for this role is:

$81,040 - $121,560

About The Hartford Financial Services Group, Inc

The Hartford is an industry leading provider of property and casualty insurance, group benefits and mutual funds. Throughout our rich history of more than 200 years, countless businesses and individuals, including Robert E. Lee, Abraham Lincoln and Babe Ruth, have turned to our company for protection. The Hartford celebrated its 200th anniversary in 2010.

The Hartford Financial Services Group, Inc. Careers

Join the esteemed team at The Hartford Financial Services Group, Inc., a leader in investment and insurance, where we offer more than just job opportunities—we provide a platform for professional growth and innovation. As one of the most respected names in the financial services industry, The Hartford is dedicated to fostering a culture of diversity, leadership, and continuous development.

Work You’ll Do

Embark on a career with The Hartford and contribute to our mission of helping customers achieve amazing financial outcomes. You will have the chance to work alongside a team of experts who are not only skilled in their fields but are also passionate about making a difference.

Transform Your Career

At The Hartford, we believe in nurturing talent through comprehensive training programs and robust career development opportunities. Our commitment to professional growth is evident in our dynamic leadership and diversity training programs that prepare you for the future.

Innovate with Us

Innovation is at the heart of everything we do at The Hartford. Join us and bring your unique perspective to help shape the future of financial services. Our collaborative environment encourages creativity and is the perfect place to advance your skills in groundbreaking ways.

Be Part of a Great Team

The Hartford is not just a company; it's a community. We pride ourselves on a workplace culture that upholds the values of inclusivity and teamwork. By joining us, you’ll work on diverse teams that value your insights and encourage networking and mutual support.

Future-Proof Your Career

With a wide range of job opportunities, from internships to full-time positions, The Hartford offers a path for everyone. Whether you’re just starting out or looking to take your career to the next level, we provide the tools and support needed to succeed. Our benefits package is designed to ensure that our team members are well taken care of, not only at work but in all aspects of life.

Explore Job Opportunities and Internships

Whether you're polishing your resume, preparing for an interview, or seeking to enhance your employment experience, The Hartford has a position to match your skills and ambitions. We are continuously hiring and looking for new talent to join our thriving team.

Stay Connected

Join Our Team Search open positions that match your skills and interest at The Hartford. We look for passionate, curious, creative, and solution-driven team players.

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Learn more about The Hartford Financial Services Group, Inc
Size
18,500 employees
Market Cap
$24.1 billion
Industry
Net Income
$1.7 billion
Founded
1810
5 Year Trend
+6.5%
Revenue
$20.5 billion
NASDAQ

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