Principal Data Scientist
Principal Data Scientist

Principal Data Scientist

London Full-Time 48000 - 84000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead complex data science projects and mentor junior team members.
  • Company: Hiscox is a leading insurance provider focused on innovation and data-driven solutions.
  • Benefits: Enjoy a permanent role with opportunities for growth and a dynamic work environment.
  • Why this job: Make a real impact by solving intricate business challenges with cutting-edge data science techniques.
  • Qualifications: Bachelor's/Master's in a quantitative field and extensive data science experience required.
  • Other info: Join a collaborative culture that values technical excellence and continuous learning.

The predicted salary is between 48000 - 84000 £ per year.

Principal Data Scientist page is loaded## Principal Data Scientistremote type: On-Sitelocations: UK, Londontime type: Full timeposted on: Posted 2 Days Agojob requisition id: R0018598**Job Type:**Permanent**Build a brilliant future with Hiscox**Position: Principal Data ScientistReporting to: Lead Data ScientistLocation: London / YorkType: PermanentBand: 3As a Principal Data Scientist at Hiscox, you will be an integral part of a dynamic technical team, strategically focused on leveraging data science across our diverse business functions. While your expertise will be pivotal in transforming our underwriting capabilities, your influence will extend across the entire insurance value chain, championing a multi-disciplinary approach to complex problem-solving.You will lead the end-to-end delivery of our most significant and complex data science initiatives, driving technical strategy, architecture, and best practices. You\’ll be a key driver in defining and upholding technical standards, ensuring the development of robust, scalable, and high-quality solutions that enable fast, impactful delivery to stakeholders. Beyond project leadership, you will act as a crucial mentor and coach, fostering technical growth and expertise among junior and mid-level colleagues, elevating the overall capability of the team. Crucially, you will collaborate extensively with other disciplines to ensure a holistic view is considered, facilitating smooth delivery and maximising business value.Key Responsibilities:· Utilise industry standards, emerging methodologies, and empirical research to develop critical business inputs and assist leaders in innovating their approaches.· Technically lead the end-to-end delivery of our most complex data science initiatives, encompassing:. Strong understanding of intricate business challenges and translation into technical problem statements.. Working with diverse datasets, both internal and external.. Expert application and development of advanced machine learning or statistical modelling techniques to generate actionable insights and deliver measurable impact.· Provide hands-on technical mentorship and guidance to junior and mid-level data scientists, fostering best practices, elevating technical standards, and cultivating advanced skill development within the team.· Engage closely with other members of the data and analytics community at Hiscox to deliver value through various analytics techniques, sharing advanced knowledge and driving the adoption of robust analytical capabilities.· Design, implement and maintain robust technical frameworks for monitoring, evaluating and quantifying the commercial impact and efficiency of data science solutions, ensuring continuous value demonstration.Person Specification:To excel as a Principal Data Scientist, you will typically possess:· Bachelor\’s/Master\’s degree in a quantitative field (e.g., Computer Science, Statistics, Mathematics, Physics, Engineering) or equivalent.· Extensive professional experience in data science, with a proven track record of technically leading and successfully delivering complex, impactful, and production-grade data science solutions.· A background in data science within finance or insurance is advantageous but not required.· Demonstrated capacity for independent, high-quality research and exploratory data analysis, with the ability to develop and apply novel methodologies to solve ill-defined and challenging business problems.· Proven ability to design, implement, and maintain robust technical frameworks for evaluating commercial impact.· Proven ability to technically mentor data scientists, fostering best practices, elevating technical standards, and contributing to the overall technical growth of the team.· Strong understanding and practical experience with Agile development methodologies and software engineering best practices (e.g., version control, comprehensive testing, modular code) relevant to data science product delivery.· Ability to articulate complex technical findings and methodologies into clear, concise, and actionable insights for diverse audiences, effectively influencing technical and non-technical stakeholders to drive data-driven decision-making and solution adoption.· Demonstrable experience collaborating effectively with cross-functional teams (e.g., engineering, product, business stakeholders) to translate business challenges into robust technical requirements and ensure seamless delivery.Key Technical Skills:· Exceptional proficiency in Python (and R) for data science, coupled with SQL capabilities for data manipulation and extraction.· Demonstrable mastery in a wide range of machine learning and statistical modelling techniques, from classical linear models and tree-based methods to advanced deep learning architectures.· Practical experience with, or demonstrable capability for, applications of Generative AI, Large Language Models (LLMs), and related areas such as Natural Language Processing (NLP) or Computer Vision, relevant to business solutions.· Solid understanding of foundational statistics and experimental design.· Familiarity with or experience on cloud platformsImpact and Achievements:As a Principal Data Scientist, your success will be measured by your ability to:· Pioneer the development and robust deployment of highly impactful machine learning and AI-driven solutions, directly contributing to significant commercial value, quantifiable business growth, or efficiency gains across the organization.· Translate complex data science insights into tangible, measurable improvements across critical business processes and key performance indicators, ensuring the real-world adoption and beneficial outcomes of our analytical work.· Actively elevate the technical maturity and capabilities of the data science team by shaping and implementing industry-leading AI, data, and analytics techniques, methodologies, and engineering best practices.*Work with amazing people and be part of a unique culture*If you want to help build a brilliant future; work with amazing people; be part of a unique company culture; and, of course, enjoy great employee benefits that take care of your mental and physical wellbeing, come and join us. #J-18808-Ljbffr

Principal Data Scientist employer: Hiscox

Hiscox is an exceptional employer that fosters a dynamic and innovative work culture, particularly for the Principal Data Scientist role based in London or York. Employees benefit from a collaborative environment that encourages professional growth through mentorship and the opportunity to lead impactful data science initiatives, all while contributing to a data-driven culture within the insurance sector. With a commitment to technical excellence and continuous learning, Hiscox offers a unique platform for talented individuals to thrive and make a significant impact.
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Contact Detail:

Hiscox Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Principal Data Scientist

✨Tip Number 1

Familiarise yourself with the specific data science tools and methodologies mentioned in the job description, such as Python, R, and SQL. Being able to demonstrate your proficiency in these areas during discussions can set you apart from other candidates.

✨Tip Number 2

Prepare to discuss your experience with machine learning and statistical modelling techniques. Be ready to share examples of how you've applied these skills to solve complex business problems, as this will showcase your ability to deliver impactful solutions.

✨Tip Number 3

Highlight your mentoring experience when speaking with us. As a Principal Data Scientist, you'll be expected to guide junior team members, so sharing specific instances where you've successfully mentored others can demonstrate your leadership capabilities.

✨Tip Number 4

Engage with the data science community, especially those involved in insurance or finance. Networking can provide insights into industry trends and challenges, which can be beneficial when discussing how you can contribute to Hiscox's goals.

We think you need these skills to ace Principal Data Scientist

Advanced proficiency in Python and R for data science
Strong SQL skills for data manipulation and extraction
Expertise in machine learning and statistical modelling techniques
Experience with Generative AI and Large Language Models (LLMs)
Knowledge of Natural Language Processing (NLP) and Computer Vision
Solid understanding of foundational statistics and experimental design
Ability to mentor and guide junior data scientists
Experience with Agile development methodologies
Strong problem-solving and critical thinking skills
Excellent communication skills for translating technical findings
Collaboration skills for working with cross-functional teams
Experience in developing predictive and prescriptive models
Ability to design and implement robust technical frameworks
Capacity for independent research and exploratory data analysis

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in data science, particularly any leadership roles or complex projects you've managed. Emphasise your technical skills in Python, machine learning, and statistical modelling, as these are crucial for the Principal Data Scientist role.

Craft a Compelling Cover Letter: In your cover letter, express your passion for data science and how your expertise aligns with Hiscox's goals. Mention specific projects where you've successfully tackled complex business challenges and how you can contribute to fostering a data-driven culture.

Showcase Your Technical Skills: Be explicit about your proficiency in Python, SQL, and any experience with Generative AI or Natural Language Processing. Provide examples of how you've applied these skills in previous roles to deliver impactful solutions.

Prepare for Technical Questions: Anticipate technical questions related to data science methodologies and be ready to discuss your approach to problem-solving. Highlight your ability to mentor others and your experience with Agile development practices, as these are key aspects of the role.

How to prepare for a job interview at Hiscox

✨Showcase Your Technical Expertise

As a Principal Data Scientist, it's crucial to demonstrate your deep understanding of data science methodologies. Be prepared to discuss specific projects where you've applied advanced machine learning techniques and how they led to measurable business outcomes.

✨Prepare for Problem-Solving Scenarios

Expect to face complex business challenges during the interview. Practice articulating how you would translate these challenges into technical problem statements and outline your approach to solving them using data-driven insights.

✨Highlight Mentorship Experience

Since mentoring is a key part of this role, be ready to share examples of how you've guided junior team members in the past. Discuss the best practices you've instilled and how you've contributed to their technical growth.

✨Communicate Clearly with Diverse Stakeholders

Your ability to convey complex technical findings to non-technical audiences is vital. Prepare to explain your past experiences where you successfully influenced decision-making through clear and actionable insights.

Principal Data Scientist
Hiscox
Location: London

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