Lead, Data Scientist

Job Classification:

Technology - Data Analytics & Management

Workday Website Job Posting

Lead, Data Scientist (The Prudential Insurance Company of America, Newark, NJ):

Supporting the individual Life Insurance business unit to make informed decisions using data. This includes reviewing all available data assets within the company and assessing their value in improving the insurance underwriting process or assessing past performance of the business to suggest new areas of focus or improvement. Automating the current underwriting  process in order to facilitate better customer experience, quicker and more reliable decisions, and better overall value for the customer. This is achieved through building Machine Learning models using the data owned by Prudential. Creating new Machine Learning models to add capabilities to the current underwriting system. Maintaining, evaluating and enhancing the existing Machine Learning models developed by the team, in order to ensure performance is maintained over time. Performing financial and actuarial analysis on the historic model-based decisions to justify the pricing and cost/benefits of the Machine Learning models. Working with various stakeholders such as the Business, Actuaries and Medical Underwriters to complement the data-based decision-making capabilities with the business expertise. Assessing the performance of various life insurance products over time to recommend improvements to the underwriting process. This includes evolving the application process/interview, the data collection strategy, customer risk identification, etc; and finding opportunities for expanding Prudential’s data assets using 3rd party vendors’ datasets, in order to aid the insurance underwriting process.

Full time employment, Monday – Friday, 40 hours per week, $195,800.00 per year.

Telecommuting permitted up to 20% per week.

MINIMUM REQUIREMENTS:

Master’s degree in Statistics, Mathematics, Computer Science, Economics, or a related field and 2 years of work experience.

Must have 2 years of experience in:

• Programming Languages: Python, R, and SQL;
• Data Wrangling: Preparing data for further analysis; Redefining and mapping raw data to generate insights; Processing of large datasets (structured, unstructured); and
• Statistics and Computing: Understanding and application of Calculus, Multivariable Calculus, Linear Algebra, Differential Equations, Probability, Statistics, Applied Probability, Applied 
  Statistics, Computer Science (Programming Methodologies), and Cloud. Knowledge of statistical techniques such as the use of descriptive, inferential, Bayesian statistics, time series 
  analysis etc. to extract business insights and experimentation to solve business problems.

Telecommuting permitted up to 20% per week.

TO APPLY: Please click “Apply” Button. Should you have any difficulty in applying for this position through our website, please contact Ramona.wallace@prudential.com for assistance in the application process.

What we offer you:

• Market competitive base salaries, with a yearly bonus potential at every level. 

• Medical, dental, vision, life insurance, disability insurance, Paid Time Off (PTO), and leave of absences, such as parental and military leave. 

• 401(k) plan with company match (up to 4%). 

• Company-funded pension plan. 

• Wellness Programs including up to $1,600 a year for reimbursement of items purchased to support personal wellbeing needs. 

• Work/Life Resources to help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development.  

• Education Benefit to help finance traditional college enrollment toward obtaining an approved degree and many accredited certificate programs.  

• Employee Stock Purchase Plan: Shares can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period), after one year of service. 

Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program, whereby an award, if any, depends on various factors including, without limitation, individual and organizational performance. To find out more about our Total Rewards package, visit Work Life Balance | Prudential Careers. Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week.  

Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom. 

Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, sex, sexual orientation, gender identity, national origin, genetics, disability, marital status, age, veteran status, domestic partner status, medical condition or any other characteristic protected by law. 

If you need an accommodation to complete the application process, please email accommodations.hw@prudential.com. 

 

If you are experiencing a technical issue with your application or an assessment, please email careers.technicalsupport@prudential.com to request assistance.