Chubb

Data Scientist - Cohort Modeling

Chubb • $124K — $180K *
New York, NY 10025In-Person
Finance & Insurance
5 - 7 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Statistics, Mathematics, Analytics, or Computer Science; Advanced degree preferred.
  • 5+ years of experience in predictive analytics, ideally within the insurance sector, focusing on cohort modeling.
  • Proficient in designing analytical solutions to address business challenges and inform decision-making.
  • Intermediate statistical analysis skills; familiarity with Machine Learning and AI is advantageous.
  • Ability to work autonomously on analytical projects with minimal supervision and manage competing tasks effectively.
  • Strong organizational skills with a knack for meeting deadlines in dynamic environments.
  • Experience with statistical software (Python, R, SQL) and data management; knowledge of GitHub and cohort modeling libraries is a plus.

Responsibilities

  • Develop predictive and cohort models to support Chubb's underwriting and marketing efforts.
  • Identify and document potential data sources for cohort analysis.
  • Extract and manage data from both internal and external sources to create actionable insights.
  • Analyze data to draw conclusions and suggest cohort-based solutions aimed at profitability and growth.
  • Introduce and apply innovative methodologies and tools to improve cohort modeling techniques.
  • Communicate findings and cohort insights to business partners, ensuring proper integration into processes.
  • Monitor and document model performance while providing training on cohort modeling techniques.

Benefits

  • Comprehensive benefits package including health, retirement, and possibly more.
  • Participation in a discretionary annual incentive program.
  • Supportive environment for professional development and training.
Full Job Description
Job Description

  • Build predictive models and analytic solutions, including cohort models, with minimal supervision to support underwriting and marketing functions within Chubb
  • Assist in brainstorming potential data sources that may contain predictive variables for cohort analysis. Identify, acquire, evaluate, and document data from various internal and external sources
  • Collaborate in extracting and manipulating data using data management tools, focusing on cohort segmentation and tracking from internal and external sources
  • Understand and combine data from multiple sources to create analytics data sets, including cohort-based datasets. Develop a strong working knowledge of how current systems and data sources are populated and sourced.
  • Analyze data, draw meaningful conclusions, and assist in developing cohort-based solutions to help drive profitability and/or growth.
  • Introduce novel methodologies, algorithms, tools, and technologies-including cohort modeling techniques-to solve assigned problems.
  • Communicate and present findings, including cohort insights, to business partners to ensure successful integration of projects into business processes. Proactively follow up on any issues raised during presentations.
  • Participate in developing solutions to implement models, including cohort models, into production. Work with IT in the design and testing of models.
  • Support business requests requiring statistical analysis, including cohort segmentation and performance tracking.
  • May lead a small team of direct reports (1-2 analysts): create goals, oversee projects on a regular basis, and provide timely feedback.
  • Provide training, guidance, and assistance to colleagues on cohort modeling and related analytics techniques.
  • Collaborate with other analytics teams (e.g., Applied AI, Emerging Risks) to achieve objectives, including cohort-based analyses.
  • Build partnerships with key counterparts to advance cohort modeling initiatives.
  • Monitor the performance and usage of models, including cohort models. Ensure that reports suit the needs of the audience.
  • Create and maintain clear and concise documentation associated with models, including cohort modeling processes and outcomes.


Qualifications

  • Minimum of a Bachelor's Degree, preferably in Statistics, Mathematics, Analytics, or Computer Science. Advanced degree in Statistics or Predictive Analytics is strongly preferred.
  • 5+ years of predictive analytics experience, preferably in the insurance industry, with demonstrated experience in cohort modeling.
  • Understanding of business challenges; ability to design analytical solutions using advanced modeling techniques, including cohort modeling, and synthesize insights for business decision-making.
  • Intermediate knowledge in statistical analysis and multivariate procedures. Knowledge of Machine Learning techniques, AI, and cohort modeling is a plus.
  • Able to complete analytical tasks independently with some guidance, if necessary.
  • Strong organizational skills; able to work well under deadlines in a changing environment and perform multiple tasks effectively and concurrently. Produces accurate work products in a timely manner.
  • Ability and desire to work in a fast-paced, team-oriented environment.
  • Business experience and knowledge of P&C industry is a plus.
  • Experience with statistical packages (Python, R) and/or data management (SQL) and/or programming is required. Experience with GitHub, Databricks, and cohort modeling libraries is a plus.
  • Experience with text analytics, including NLP, is a plus.
  • Experience with writing gen AI prompts is a plus.
  • Proficient in Microsoft Suite applications.
  • Excellent oral and written communication skills. Ability to articulate an understanding of their work products, including cohort modeling results.

The pay range for the role is $124,000 to $180,000. The specific offer will depend on an applicant's skills and other factors. This role may also be eligible to participate in a discretionary annual incentive program. Chubb offers a comprehensive benefits package, more details on which can be found on our careers website. The disclosed pay range estimate may be adjusted for the applicable geographic differential for the location in which the position is filled.

About Chubb

Chubb Limited is a Swiss-based global insurance company that provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance (A&H), reinsurance, and life insurance to a diverse group of clients. Chubb operates in 54 countries and territories and is the world's largest publicly traded property and casualty insurance company. The company has a long history, dating back to 1882, and has grown through a series of mergers and acquisitions. Chubb is known for its high-quality insurance products and services, as well as its strong financial performance and commitment to corporate social responsibility.
Learn more about Chubb
Size
31,000 employees
Market Cap
$90.7 billion
Industry
Finance & Insurance
Net Income
$3.5 billion
Founded
1882
5 Year Trend
+5.3%
Revenue
$35.9 billion
NASDAQ
CB
* Ladders Estimates

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