Jr. Data Scientist

Job Title: Junior Data Scientist - Claims Analytics

Company: Chubb Insurance

Location: Philadelphia, Pennsylvania; Whitehouse Station, New Jersey; or Jersey City, New Jersey

Job Overview: As a Junior Data Scientist in Claims Analytics at Chubb Insurance, you will play a critical role in supporting the company's insurance claims division by applying data analytics and modeling techniques to improve operational efficiency, optimize claim settlement processes, and identify fraud patterns. You will work closely with senior data scientists and stakeholders to extract insights from large and complex datasets, ultimately contributing to the strategic decision-making process within the organization.

Key Responsibilities:

1. Data Analysis: Employ statistical and predictive modeling techniques to analyze large datasets related to insurance claims, identifying trends, patterns, and correlations to drive better decision-making.
2. Model Development: Assist in the development and implementation of predictive models for identifying potentially fraudulent claims, optimizing claims processes, and enhancing claims settlement accuracy.
3. Data Collection and Cleansing: Collaborate with teams to gather, clean, and organize relevant data from various sources, ensuring data accuracy, consistency, and integrity.
4. Data Visualization: Create meaningful and visually appealing reports and dashboards to present analytical findings, enabling efficient communication with stakeholders.
5. Collaboration: Collaborate with cross-functional teams, including actuaries, underwriters, and claims professionals, to understand their analytical needs and provide actionable insights accordingly.
6. Research: Stay up-to-date with the latest trends, methodologies, and tools in the field of data science and insurance analytics, proactively identifying opportunities for innovation and improvement.
7. Documentation: Document methodologies, processes, and findings to ensure robust knowledge management and enable replicability of analysis.

Qualifications:

• Bachelor's degree in Data Science, Statistics, Mathematics, Computer Science, or a related field. A master's degree or higher is preferred.
• Technical Skills: Proficiency in Python, and experience with commonly used libraries and frameworks for data manipulation and modeling (e.g., Pandas, NumPy, scikit-learn).
• Knowledge of statistical concepts and methodologies, such as regression analysis, time series analysis, clustering, and classification techniques.
• Experience in data visualization using tools like Tableau, Power BI, or matplotlib (Desired).
• Familiarity with database concepts and SQL for data retrieval and manipulation.
• Strong problem-solving skills, with the ability to think analytically and propose innovative solutions.
• Excellent written and verbal communication skills, with the ability to present complex findings in a clear and concise manner to both technical and non-technical stakeholders.
• Team player with the ability to collaborate effectively and work in a fast-paced, dynamic environment.

Chubb Insurance is an equal-opportunity employer and provides a supportive work culture that encourages professional growth and development. If you are passionate about leveraging data analytics to make a direct impact on insurance claims management, this role offers an exciting opportunity to contribute to Chubb Insurance's continued success.

Chubb is a world leader in insurance. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance to a diverse group of clients. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally.
At Chubb, we are committed to equal employment opportunity and compliance with all laws and regulations pertaining to it. Our policy is to provide employment, training, compensation, promotion, and other conditions or opportunities of employment, without regard to race, color, religious creed, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin, ancestry, mental and physical disability, medical condition, genetic information, military and veteran status, age, and pregnancy or any other characteristic protected by law. Performance and qualifications are the only basis upon which we hire, assign, promote, compensate, develop and retain employees. Chubb prohibits all unlawful discrimination, harassment and retaliation against any individual who reports discrimination or harassment.