Munich Re

Data Scientist

Munich Re$95K — $115K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Statistics, Computer Science, Engineering, Mathematics, or related field required
  • Master's degree in a qualitative field preferred
  • 2+ years in predictive analytics, data mining, or statistical analysis in insurance, or 4+ years in other industries
  • Experience with Git or similar version control tools
  • Familiarity with generative AI models and techniques
  • Proficiency in natural language processing (NLP) tools
  • Hands-on experience with Python, R, SQL, Scala

Responsibilities

  • Collaborate with senior data scientists on modeling projects
  • Ensure suitable modeling and analytical methodologies are employed for projects
  • Independently handle small-scale or ad-hoc data science projects
  • Work with data engineering teams to deploy models and data products
  • Utilize big-data technology for project implementation
  • Contribute to the evaluation of various algorithmic approaches
  • Write production-quality code to support data science efforts

Benefits

  • Opportunities for professional development and learning
  • Collaborative work environment with senior data scientists
  • Exposure to advanced data science technologies and methodologies
  • Potential for involvement in innovative AI projects
  • Flexible working conditions with focus on project-based outcomes
Full Job Description
In this position, you will work under the guidance of more senior data science staff on modeling projects but is expected to ensure the appropriate modeling and analytic methodologies are applied within the scope of a given project.

In addition, you will work on small scale or ad hoc data science projects independently.

Work closely with data engineering and infrastructure teams to deploy models and data products at scale.

Education and Experience:
  • Bachelor's degree in Statistic, Computer Science, Engineering, Mathematics or related field is required
  • Master's degree in a qualitative field is preferred
  • 2+ years' experience predictive analytics, data mining or statistical analysis in the insurance industry or 4+ years predictive analytics, data mining or statistical analysis in other industry
  • Experience with Git or similar tool for version control
  • Experience developing or applying generative AI models (such as large language models or generative adversarial networks) to solve business problems is a plus
  • Proficiency with natural language processing (NLP) techniques and tools for extracting insights from unstructured data, including experience with prompt engineering or deploying AI-powered chatbots and virtual assistants is a plus
  • Experience working with big-data technology on Linux-based systems is a plus
  • Experience with deep learning frameworks (TensorFlow, Keras, PyTorch, etc.) is a plus
  • Experience with Bayesian programming languages/frameworks such as Stan, or PyMC3 is a plus


Knowledge and Skills:
  • Hands-on experience in Python, R, SQL, Scala
  • Exposure to cloud computing (Azure, AWS, etc.)
  • Solid foundation in statistics and machine learning models, processes, and theories, with the ability to evaluate different algorithmic approaches
  • Ability to write production-ready code


This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee. Other duties, responsibilities and activities may change or be assigned at any time with or without notice.

About Munich Re

Munich Re is a leading global provider of reinsurance, primary insurance and insurance-related risk solutions. The company is headquartered in Munich, Germany. Munich Re operates in all lines of insurance and has a presence in all major markets worldwide. Munich Re's business model is based on the combination of primary insurance and reinsurance under one roof. The company has three business segments: reinsurance, primary insurance, and Munich Health. Munich Re's global premium income amounted to ?54.5 billion in 2020.
Learn more about Munich Re
Size
41,000 employees
Industry

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