Data Scientist III - Insurance & Generative AI (Hybrid- Webster or Boston)

MAPFRE

$100K — $159K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Statistics, Mathematics, Data Science, Economics, Finance, Engineering, or related field; 8+ years of experience or Master's degree with 2+ years.
  • Deep expertise in predictive modeling and machine learning.
  • Experience with complex data structures, including sparse and time-series data.
  • Solid knowledge of the insurance domain, with claims experience preferred.
  • Experience in Generative AI, including prompt engineering and agent-based solutions.

Responsibilities

  • Lead development and deployment of predictive models and machine learning solutions.
  • Translate analytics into actionable insights aligning with company strategy.
  • Build and automate reports and dashboards for stakeholders.
  • Present model performance and impact analyses to senior leadership.
  • Own the lifecycle of models from development to continuous improvement.
  • Conduct research into algorithms and Generative AI to identify new opportunities.
  • Collaborate cross-functionally and serve as a liaison with IT for solutions implementation.

Benefits

  • Flexible work arrangements and a collaborative work culture.
  • Opportunities for professional development and upskilling.
  • Generous vacation policy and work-life balance emphasis.
  • Participation in innovative projects leveraging cutting-edge technologies.
  • Support for mentoring junior team members and nurturing best practices.
Full Job Description
Summary

We are looking for a forward-thinking analytics leader to design, build, and scale advanced analytical solutions that solve complex, high-impact business problems. This role combines deep technical expertise in predictive modeling and machine learning with strong business acumen and insurance domain knowledge.

You will play a critical role in shaping strategy by delivering actionable insights, presenting to senior leadership, and owning the long-term success of models and analytics products. You'll also help drive innovation through the application of cutting-edge techniques, including Generative AI, while mentoring others and advancing best practices across the organization.

What You'll Do

  • Lead the development and deployment of advanced predictive models, machine learning solutions, and Generative AI use cases for complex business challenges
  • Translate analytics into actionable insights that drive decision-making and align with company strategy
  • Build and automate sophisticated reports, dashboards, and model outputs for business and executive stakeholders
  • Present model performance, lift, and impact analyses to senior leadership
  • Own the full lifecycle of models, including development, validation, deployment, monitoring, and continuous improvement
  • Conduct research into innovative algorithms and GenAI approaches to unlock new opportunities and use cases
  • Develop, test, and refine prompts, and support the design of agent-based GenAI workflows
  • Work with complex datasets, including sparse, high-dimensional, and time-series data
  • Measure economic impact and partner with business teams to define KPIs and ensure value realization
  • Design processes and tools to monitor model performance, reliability, and stability in production
  • Develop internal tools and programs to accelerate deployment, retraining, and scaling of models (MLOps), supporting both batch and real-time environments
  • Collaborate cross-functionally and serve as the key liaison with IT to implement and scale solutions
  • Lead end-to-end project execution, prioritizing high-impact initiatives and managing timelines
  • Create executive-ready presentations and detailed technical documentation to communicate results and best practices
  • Mentor and guide junior team members while promoting best-in-class modeling and statistical techniques
  • Partner with data governance and business teams to improve data quality, feature engineering, and overall data strategy
  • Identify and evaluate new data sources and emerging analytical techniques to maintain competitive advantage
  • Advocate for a data-driven culture and continuous innovation across the organization


What You'll Bring

  • Bachelor's degree in Statistics, Mathematics, Data Science, Economics, Finance, Engineering, or a related quantitative field (required), with either 8+ years of relevant experience, or a Master's degree with 2+ years of relevant experience


  • Deep expertise in predictive modeling, machine learning, and statistical analysis
  • Strong experience working with complex data structures (sparse, high-dimensional, and time-series data)
  • Solid insurance domain knowledge is required, with claims experience highly preferred
  • Experience with Generative AI, including prompt engineering, testing/refinement, and agent-based solution design
  • Proven ability to solve ambiguous, complex problems with minimal direction and high autonomy
  • Strong communication skills, with the ability to translate complex analytics into clear business insights for senior stakeholders
  • Experience owning and managing models in production environments, including monitoring and MLOps practices
  • Demonstrated ability to innovate, research new techniques, and apply them to real-world business problems
  • Experience mentoring team members and influencing best practices across teams
  • Strong organizational and project management skills, with the ability to prioritize high-value work


Pay Philosophy: The typical starting salary range for this role is determined by several factors including skills, experience, education, certifications, and location. Some roles at Mapfre are eligible for commission and/or bonus earnings, in addition to salary, calculated based upon factors set forth in the compensation plan for the role.

Salary Range $100,900 - $159,500

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