Health Care Service Corporation

Principal Data Scientist

Health Care Service Corporation$121K — $225K *
Healthcare
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree with 7 years of experience, or Master's with 6 years, or Ph.D. with 4 years in a relevant quantitative field; OR 11 years of experience.
  • Expertise in time series modeling and forecasting methodologies.
  • Strong communication skills, both verbal and written.
  • Proficient in Python, PyTorch, and SQL.
  • Skilled in at least five out of six listed technical areas, with mastery in at least three.
  • Proven experience in leading complex analytics or data science projects and mentoring junior staff.

Responsibilities

  • Provide advanced mathematical and statistical solutions to business challenges.
  • Lead the development of time-series models for medical spend forecasting.
  • Ensure scientific rigor in model evaluation and maintain reproducibility.
  • Optimize models for both accuracy and interpretability.
  • Communicate findings effectively to diverse stakeholders, from technical team members to senior management.

Benefits

  • Health and wellness benefits.
  • 401(k) savings plan and pension plan.
  • Paid time off and parental leave.
  • Disability and supplemental life insurance.
  • Employee assistance program and paid holidays.
  • Tuition reimbursement and additional incentives.
Full Job Description
Job Summary

The Principal Data Scientist is responsible for providing advanced mathematical and statistical methods to solve business problems, providing leadership and strategic direction. This position is focused on building advanced time-series models that forecast trends in medical spend, using techniques like hierarchical Bayesian models and temporal fusion transformers. Responsibilities also include ensuring the scientific rigor and reproducibility of model evaluation, optimizing models for accuracy and interpretability, and communicating core findings to stakeholders from technical ICs to managers to top leadership.

Required Job Qualifications:
* Bachelor's degree and 7 years of work experience in a mathematical, statistical, computer science, engineering, physics, economics or related quantitative field; OR Actuarial credential or Master's degree and 6 years of work experience in a in a mathematical, statistical, computer science, engineering, physics, economics or related quantitative field; OR Ph.D. and 4 years of work experience in a mathematical, statistical, computer science, engineering, physics, economics or related quantitative field; OR 11 years of work experience in an advanced mathematical, statistical, computer science, engineering, physics, economics or related quantitative field. Leadership and/or management experience.
* Expertise with time series modeling and forecasting methodologies
* Strong interpersonal, verbal and written communication skills.

* Proficiency in Python, PyTorch, and SQL
* Proficiency in at least five of the following six areas, and demonstrated mastery in at least three: 1) data analysis and relational-style query languages; 2) machine learning and/or statistical modeling; 3) data visualization; 4) a high-level programming language; 5) distributed computing; 6) understanding of healthcare.
* A track record of independently delivering or leading the delivery of multiple complex analytics or data science projects.
* A track record of mentoring, managing, or leading junior analytics or data science staff and providing thought leadership.

* ARIMA type models

* Bayesian Time Series Forecasting

* Markov Chain Monte Carlo (MCMC)

* Gradient Boosting (XGBoost, LightGBM, CatBoost)

Preferred Job Qualifications:
* Master's or Ph.D. in a quantitative field, or bachelor's degree with significant healthcare experience.
• Experience building deep learning forecasting models including:
LSTM (Long Short-Term Memory)
Transformer-based forecasting models
• Experience with GPU training and model optimization.

Financial Modeling Expertise
• Revenue forecasting
• Cash flow forecasting
• Budget forecasting
• Financial planning and analysis (FP&A)
• Market forecasting
• Risk modeling
• Scenario analysis
• Monte Carlo simulation
• Stress testing
• Forecast uncertainty estimation

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Are you being referred to one of our roles? If so, ask your connection at HCSC about our Employee Referral process!

Pay Transparency Statement:

At Health Care Service Corporation, you will be part of an organization committed to offering meaningful benefits to our employees to support their life outside of work. From health and wellness benefits, 401(k) savings plan, pension plan, paid time off, paid parental leave, disability insurance, supplemental life insurance, employee assistance program, paid holidays, tuition reimbursement, plus other incentives, we offer a robust total rewards package for employees. Learn more about our benefit offerings by visiting https://careers.hcsc.com/totalrewards.

The compensation offered will vary depending on your job-related skills, education, knowledge, and experience. This role aligns with an annual incentive bonus plan subject to the terms and the conditions of the plan.

Base Pay Range
$121,200.00 - $225,200.00

Exact compensation may vary based on skills, experience, and location.

About Health Care Service Corporation

Health Care Service Corporation (HCSC) is the largest customer-owned health insurer in the United States. HCSC offers a wide variety of health insurance products and related services, through its operating divisions and subsidiaries in Illinois, Montana, New Mexico, Oklahoma and Texas. HCSC's headquarters is located in Chicago, Illinois.
Learn more about Health Care Service Corporation
Size
24,000 employees
Industry
Founded
1936

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