Farmers Insurance Group

Decision Scientist

Farmers Insurance Group • $96K — $174K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in data science, statistics, mathematics, business analytics, or equivalent work experience preferred.
  • Minimum of three years in data analysis or statistical modeling, preferably in the insurance industry.
  • Experience translating business questions into analytical frameworks and actionable insights.
  • Proficiency in SQL, Python, R, SAS, Tableau, Power BI, or similar tools.
  • Strong understanding of statistical methods and performance measurement techniques.
  • Ability to communicate complex findings to both technical and non-technical audiences.

Responsibilities

  • Apply advanced statistical and analytical techniques to solve business problems.
  • Build and leverage predictive and descriptive models for data analysis.
  • Analyze large datasets to identify trends and business opportunities.
  • Utilize data visualization tools to present findings effectively.
  • Collaborate with cross-functional teams to develop data-driven solutions.
  • Ensure data quality and governance through validation and quality control practices.
  • Translate complex analyses into actionable insights for business leaders.

Benefits

  • 401(k) plan with company match.
  • Comprehensive medical, dental, and vision insurance.
  • Health Savings and Flexible Spending Accounts.
  • Life insurance coverage.
  • Paid Time Off and Paid Parental Leave.
  • Tuition Assistance for further education.
Full Job Description


Workplace: On-site ( #LI-Onsite ), Hybrid ( #LI-Hybrid ), Remote ( #LI-Remote )

Farmers believes in a culture of collaboration, creativity, and innovation, which thrives when we have the ability to work flexibly in a virtual setting as well as the opportunity to be together in person. Our hybrid work environment combines the best of both worlds with at least three (3) days in office and up to two (2) days virtual for employees who live within fifty (50) miles of a Farmers corporate office. Applicants beyond fifty (50) miles may still be considered.

Job Summary

The Decision Scientist provides critical analytical support across the organization by gathering, analyzing, and interpreting data to solve business challenges and support strategic decision-making. This role leverages moderately advanced statistical, mathematical, and quantitative techniques to identify trends, uncover insights, and develop data-driven recommendations that improve operational efficiency, drive growth, and enhance profitability.

The ideal candidate is a strong analytical thinker who can work independently, collaborate with business partners across functions, and effectively communicate complex findings to technical and non-technical audiences. This role may also provide informal guidance and mentorship to less experienced team members.

Essential Tasks & Leadership Philosophy

  • Apply moderately advanced statistical, mathematical, and analytical techniques to solve medium-to-large-scale business problems impacting current and future business strategies.
  • Build descriptive and explanatory models or leverage outputs from predictive and machine learning models developed by others.
  • Analyze large and complex datasets to identify trends, patterns, risks, and business opportunities.
  • Utilize data visualization tools and advanced analytical methods, including: Distribution analysis, Correlation analysis, Outlier detection, Multivariate analysis, Time-series analysis, Machine learning techniques.
  • Conduct exploratory data analysis (EDA), test hypotheses, and validate findings with business stakeholders.
  • Partner with cross-functional teams to understand business objectives and develop data-driven solutions.
  • Collect, integrate, and transform data from multiple sources into cohesive datasets for analysis.
  • Evaluate data quality and apply data governance and hygiene practices to ensure reliability and accuracy.
  • Perform quality-control checks, document processes, and collaborate with peers on data validation efforts.
  • Work closely with IT, Data Engineering, Data Science, and other technical teams to optimize data pipelines and resolve data quality issues.
  • Support the deployment, monitoring, and maintenance of predictive models within business workflows.
  • Translate complex analyses into clear, actionable insights and recommendations for business leaders.
  • Utilize effective storytelling and visualization techniques to make analytical findings accessible and impactful.
  • Stay current on emerging data science methodologies, technologies, and industry best practices.
  • Contribute to a culture of continuous learning and knowledge sharing.
  • Provide informal coaching or mentorship to less experienced team members as needed.
  • Perform other duties as assigned.


First Year Success Factors

Within the first 12 months, a successful candidate can expect to have achieved the following:

  • Establish strong partnerships with business stakeholders and become a trusted analytics advisor for key initiatives.
  • Deliver actionable insights through advanced analytics, statistical modeling, and data visualization that support business decisions.
  • Lead medium-to-large analytical projects that drive measurable improvements in efficiency, growth, customer experience, or profitability.
  • Ensure data accuracy, integrity, and governance through rigorous validation, documentation, and quality control practices.
  • Identify emerging trends and opportunities, translating complex data into clear recommendations that influence leadership decisions.


Education & Career Experience Requirements

Candidates would ideally reflect the following professional qualifications and experiences:

  • High School Diploma or equivalent required. Bachelor's degree preferred in data science, statistics, mathematics, business analytics or similar. Equivalent work experience may be considered in place of a degree.
  • Minimum of three years of work experience required in data analysis, statistical or mathematical modeling, or related. Experience in insurance industry preferred.
  • Demonstrated experience translating ambiguous business questions into analytical frameworks, actionable insights, and data-driven recommendations.
  • Proficiency with analytical and visualization tools such as SQL, Python, R, SAS, Tableau, Power BI, or similar technologies.
  • Experience designing, conducting, and evaluating experiments, forecasts, scenario analyses, or predictive models to influence business outcomes and strategic decision-making.
  • Strong understanding of statistical methods, hypothesis testing, regression analysis, segmentation, forecasting, and performance measurement techniques.
  • Proven ability to communicate complex analytical findings to executive and non-technical audiences, influencing decisions through clear storytelling and business acumen.
  • Insurance, financial services, risk management, or highly regulated industry experience preferred.


Benefits
  • Farmers offers a competitive salary commensurate with experience, qualifications and location.
    o CA Only: $102,450 - $174,240
    o CO & ME: $96,075 - $150,260
    o HI/IL/MN/VT Only: $96,075 - $160,710
    o MA Only: $96,075 - $160,710
  • o MD & VA: $96,075 - $160,710
    o DC/NJ/NY/OH Only: $96,075 - $174,240
    o Albany County, NY/Cleveland, OH: $102,450 - $150,260
    o WA Only: $96,075 - $182,625
  • Bonus Opportunity (based on Company and Individual Performance)
  • 401(k)
  • Medical
  • Dental
  • Vision
  • Health Savings and Flexible Spending Accounts
  • Life Insurance
  • Paid Time Off
  • Paid Parental Leave
  • Tuition Assistance
  • For more information, review "What we offer" on https://www.farmers.com/careers/corporate/#offer


Job Location(s): R_US - United States, US - AZ - Phoenix, US - KS - Kansas City, US - MI - Grand Rapids

Anticipated application deadline: At Farmers, the recruitment process is designed to ensure that we find the best talent to join our team. As part of this process, we typically close open positions within 8 to 21 days after posting. If you are interested in any of our open positions, we encourage you to submit your application promptly.

Spokane, WA only: Residents who prefer not to provide their address click here to submit your resume via email: [redacted]

About Farmers Insurance Group

Farmers Insurance Group is an insurer group of automobiles, homes, and small businesses. It helps their clients plan wisely for the unexpected but also on helping restore order when it occurs, so they can keep moving along its plan. The companies comprising the Farmers Insurance Group of Companies® makeup insurers of vehicles, homes, and small businesses and provide a wide range of other insurance and financial services products. The Los Angeles, California-based company was established in 1928 by John C. Tyler and Thomas E. Leavey.

Farmers Insurance Group Careers

Join the vibrant team at Farmers Insurance Group, a leading entity in the insurance sector, and propel your career to new heights. As part of our dynamic team, you will be at the forefront of transforming the insurance industry through innovation and leadership.

Work You’ll Do

At Farmers Insurance Group, we offer more than just job opportunities; we provide a platform for professional growth and personal development. Our team is committed to fostering a culture of diversity and inclusion, where every employee is valued and given the chance to thrive.

Empower Your Career

Step into a world of exciting challenges and rewarding experiences in various roles across the company. From customer service to claims adjustment, each position at Farmers offers a unique opportunity to make a significant impact. With a focus on leadership development and diversity training, we ensure that all team members are equipped to lead, innovate, and excel.

Innovate with Us

Join our team of over 30,000 dedicated professionals who are pushing the boundaries of what's possible in the insurance industry. At Farmers Insurance Group, innovation isn't just another buzzword—it's at the core of everything we do. Whether it's developing new policies or enhancing our digital platforms, our employees are empowered to think creatively and act boldly.

Grow and Succeed

Farmers Insurance Group is committed to the growth of every team member. We support your career journey with extensive training programs, mentorship opportunities, and leadership courses that prepare you for the future. Whether you’re starting with an internship or stepping into a senior role, you’ll find that our commitment to professional development sets us apart.

Benefits and Culture

We pride ourselves on offering competitive benefits that support the health, well-being, and financial security of our employees and their families. From comprehensive health insurance to retirement plans and wellness programs, we provide the benefits you need to live a balanced and fulfilling life. Our culture is built on collaboration, respect, and a commitment to excellence. We celebrate diversity and strive to create an inclusive environment where everyone can contribute their best work.

Join Our Team

Explore the various career paths available at Farmers Insurance Group and discover how your skills and passions can align with our mission. We are actively hiring and looking for individuals who are passionate, curious, and eager to make a difference.

Stay Connected

Keep up to date with the latest job opportunities, company news, and industry insights by joining our network. Connect with us on LinkedIn, follow us on Twitter, and like us on Facebook to stay informed about new positions, employment trends, and networking events.

Apply Now

Ready to take the next step in your career? Search open positions that match your skills and interests on our Jobs page. Tailor your resume, prepare for your interview, and join a team that’s dedicated to redefining the future of insurance.

SEARCH FARMERS INSURANCE JOBS

Farmers Insurance Group is more than just a company—it's a place where you can grow, innovate, and lead. We look forward to welcoming you to our team and helping you build a fulfilling and successful career.
Learn more about Farmers Insurance Group
Size
48,000 employees
Industry
Founded
1928

Similar Jobs

More Jobs at Farmers Insurance Group

More Finance & Insurance Jobs

Find similar Decision Scientist jobs: