The Progressive Corporation

Data Scientist Senior or Lead

The Progressive Corporation$89K — $164K *
US-AnywhereRemote in United States
Information Technology
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years in Statistical/Quantitative Modeling or Machine Learning; proficient in R or Python.
  • Bachelor's in a quantitative field and 2+ years of relevant experience; or higher degree in a quantitative discipline.
  • Experience with database tools like Hadoop and SQL for handling large datasets.

Responsibilities

  • Research and enhance the Real-time Bidding (RTB) API for online advertising optimization.
  • Develop strategies for Advertisement Personalization to improve lead conversion.
  • Model and predict Lifetime-Value (LTV) to identify customer segments for competitive advantage.
  • Create Yield Models to forecast sales likelihood and optimize budget allocation.
  • Utilize data-driven insights to refine segmentation and improve cost-per-sale targets.

Benefits

  • 401(k) plan with a company match up to 6%.
  • Comprehensive medical, dental & vision coverage with free preventive care.
  • Access to wellness and mental health programs.
  • Flexible spending accounts, health savings accounts, and life insurance options.
  • Generous paid time off policy, including volunteer leave.
  • Paid and unpaid sick leave alongside short and long-term disability support.
  • Parental leave, family leave, and military leave provisions.
  • Emphasis on a diverse and inclusive work culture with support groups.
  • Tuition assistance and career development opportunities.
Full Job Description
As a senior or lead data scientist on the personal lines media team, you'll research, develop and implement improvements and advances to our Real-time Bidding (RTB) API, which returns tens of millions of bids a month as we compete for online affiliate advertising space with first-price auction dynamics. You'll work on Advertisement Personalization: a new area of research to explore whether we can optimize the funnel by putting the right ad copy in front of a lead. You'll be responsible for Lifetime-Value (LTV) Modeling: predicting and refining LTV and its components (Premium, Profitability, Retention) to drive competitive advantage through segmentation. In addition, you'll be responsible for Yield Modeling: predicting the likelihood of a sale across various contexts as we seek to improve segmentation and calibration to drive competitive advantage and achieve cost-per-sale targets as well as budget and sales forecasting.

This is a remote position for U.S.- based work only, requiring occasional travel for meetings and/or training.

Minimum qualifications
  • A minimum of 5 years of relevant experience in Statistical/Quantitative Modeling and/or Machine Learning tools (R, Python, etc.) and in using various database tools (e.g. Hadoop, SQL) processing large volumes of structured and unstructured data.
  • Or, bachelor's degree with quantitative focus in Econometrics, Statistics, Operations Research, Computer Science or related field (e.g. Mathematics) and a minimum of 2 years of relevant experience in Statistical/Quantitative Modeling and/or Machine Learning tools (R, Python, etc.) and in using various database tools (e.g. Hadoop, SQL) processing large volumes of structured and unstructured data.
  • Or, master's degree or higher with quantitative focus in Econometrics, Statistics, Operations Research, Computer Science or related field (e.g. Mathematics).

Preferred skills
  • Proven experience in developing and deploying machine learning models.
  • Proficient in Python for data analysis, modeling, api development and automation.
  • Experience with AWS services, particularly Lambda, EC2, and S3, for deploying scalable solutions as well as experience with Docker/Podman for containerization and deployment of model-serving applications.
  • Experience with version control systems, particularly Git, for collaborative development
  • Experience with Github workflows and automations

Compensation
  • $89,600-$164,800/year depending on position level
  • Gainshare annual cash incentive program up to 30%-40% of your eligible earnings based on company performance.

Benefits
  • 401(k) with dollar-for-dollar company match up to 6%.
  • Medical, dental & vision, including free preventative care.
  • Wellness & mental health programs.
  • Health care flexible spending accounts, health savings accounts, & life insurance.
  • Paid time off including volunteer time off.
  • Paid & unpaid sick leave where applicable, as well as short & long-term disability.
  • Parental & family leave; military leave & pay.
  • Diverse, inclusive & welcoming culture with Employee Resource Groups.
  • Career development & tuition assistance.

#LI-Remote

Share: Email X Facebook LinkedIn

About The Progressive Corporation

Progressive is a place where innovation and collaboration are a way of life. Each of our employees has a role in our success and together, we continue to find new and better ways to satisfy our customers and move the insurance industry forward.

The Progressive Corporation Careers

Join the vibrant team at The Progressive Corporation, a leader in the insurance industry, and propel your career to new heights with a company known for innovation, leadership, and a commitment to diversity and growth.

Work You’ll Do

At The Progressive Corporation, we offer more than just job opportunities; we provide a platform for professional development and personal growth. As part of our team, you will contribute to transformative projects that redefine the standards of the insurance industry. Our collaborative culture ensures that every team member has the opportunity to make a significant impact.

Empower Your Career

Step into a role that challenges and excites you. At Progressive, you can navigate through a variety of career paths with the support of our extensive training and development programs. From leadership training to diversity workshops, we equip our professionals with the tools they need to excel.

Innovate with Us

Join a group of forward-thinkers who are constantly driving innovation in the insurance sector. At Progressive, your skills in technology, industry expertise, and digital innovation will help shape solutions that meet the evolving needs of our customers.

Internship Programs

Kickstart your career with The Progressive Corporation’s internship programs. Gain invaluable experience, build your resume, and develop professional networking connections that will benefit your career for years to come. Our internships offer a deep dive into the insurance industry, providing a robust foundation for future success.

Benefits and Culture

Choose a career with The Progressive Corporation and enjoy a wealth of benefits that go beyond the basics. Our inclusive culture supports our employees’ life stages and fosters a workplace where everyone can thrive. Health, wellness, financial planning, and work-life balance are just the beginning of what we offer.

Join Our Team

Explore the numerous positions available at Progressive, from entry-level to executive, and find where your expertise can make the most impact. We are continuously hiring talented individuals who are passionate about making a difference and ready to contribute to our culture of continuous improvement.

Stay Connected

Keep up to date with the latest at Progressive: - **Career Insights**: Get insider perspectives and industry-leading insights through our careers blog. - **Job Alert Emails**: Customize your subscription to receive job alerts and news tailored to your preferences. Discover the exciting and rewarding opportunities that await at The Progressive Corporation.

Explore Job Opportunities

Search open positions that match your skills and interests. We look for curious, creative, and solution-driven team players who are eager to drive progress and thrive in a dynamic environment.

SEARCH PROGRESSIVE JOBS

At The Progressive Corporation, your career is what you make of it. Grow, innovate, and lead with us as we redefine the future of insurance. Join us and be part of a team that values diversity, innovation, and the professional growth of its members.
Learn more about The Progressive Corporation
Size
49,000 employees
Market Cap
$75.6 billion
Industry
Net Income
$5.7 billion
Founded
1937
5 Year Trend
+15.3%
Revenue
$42.6 billion
NASDAQ

Similar Jobs

More Jobs at The Progressive Corporation

More Information Technology Jobs

Find similar Data Scientist Senior or Lead jobs: