At a Glance
- Tasks: Lead the development of machine learning models and collaborate with teams to enhance business insights.
- Company: Join Markerstudy Group, a top UK insurance provider with a strong market presence.
- Benefits: Enjoy hybrid working options and the chance to work with cutting-edge technology.
- Why this job: Make a real impact in the insurance industry while developing your skills in a supportive environment.
- Qualifications: PhD or masters in data science, plus experience in commercial pricing and modelling.
- Other info: Be part of a rapidly growing company that values innovation and technical excellence.
The predicted salary is between 43200 - 72000 £ per year.
Job title: Senior Data Scientist Locations: Manchester or Haywards Heath (hybrid working) Markerstudy Group are looking for a Senior Data Scientist to join a quickly growing company in developing ambitious solutions across a range of insurance lines, by leveraging vast data assets and state-of-the-art processing capabilities. Markerstudy is a leading provider of private insurance in the UK, insuring around 5% of the private cars on the UK roads, 20% of commercial vehicles and over 30% of motorcycles in total premium levels of circa £1b. The majority of business is written as the insurance pricing provider behind household names such as Tesco, Sainsbury’s, O2, Halifax, AA, Saga and Lloyds Bank to list a few. Role overview As a Senior Data Scientist, you will use your advanced analytical skills to: Lead the development of cutting-edge, bespoke machine learning predictive models, including risk pricing and classification and regression models Identify and create data solutions that create value Work collaboratively with the pricing, retail and machine learning teams to provide insight across the business Your ideas and solutions will enable improvements to products, prices and processes giving Markerstudy a critical advantage in the increasingly competitive insurance market Identify and create solutions that leverage vast data assets and lead the development of bespoke machine-learning models to improve the underwriting performance of the Group. Key Responsibilities: Develop and test modelling improvements for pricing models, particularly in motor. These might include improvements in hyper-parameter tuning methods, model performance, model stability and feature explainability Be the technical lead in the development of predictive models that solve business challenges through one-off analyses or bespoke modelling. Such work would include risk classification, such as area or vehicle classification, as well as predictive models for other business use cases such as conversion or retention Adapt known machine learning techniques such as GBMs to create solutions/models that are state-of-the-art and go beyond business requirements Work collaboratively with other teams to identify improvements to risk modelling and wider business challenges Use a wide range of data science and statistical techniques Research and leverage new and existing internal and/or external data sources Communicate results to key decision makers across the business Assist in the deployment and monitoring effort to ensure efficient productisation of the solutions created Key Skills and Experience: PhD. or masters in statistics, data science or equivalent field Previous experience within data science Experience in commercial pricing and modelling, ideally with a focus in Motor Experience and detailed technical knowledge of GLMs /Elastic Nets, GBMs, GAMs, Random Forests, and clustering techniques Experience in programming languages (e.g. Python, PySpark, R, SAS, SQL) Proficient at communicating results in a concise manner both verbally and written Behaviours: Motivated by technical excellence Team player Self-motivated with a drive to learn and develop Logical thinker with a professional and positive attitude Passion to innovate and improve processes
Senior Data Scientist employer: Vermelo RPO
Contact Detail:
Vermelo RPO Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Data Scientist
✨Tip Number 1
Familiarise yourself with the latest trends in machine learning and data science, especially those relevant to the insurance industry. This will not only help you understand the role better but also allow you to engage in meaningful conversations during interviews.
✨Tip Number 2
Network with professionals in the insurance and data science fields. Attend industry events or webinars where you can meet people from Markerstudy or similar companies. Building these connections can provide valuable insights and potentially lead to referrals.
✨Tip Number 3
Prepare to discuss specific projects you've worked on that demonstrate your expertise in predictive modelling and data analysis. Be ready to explain your thought process, the challenges you faced, and how your solutions made an impact.
✨Tip Number 4
Showcase your ability to communicate complex data findings clearly. Practice explaining your previous work to someone without a technical background, as this skill is crucial for collaborating with teams and presenting to decision-makers at Markerstudy.
We think you need these skills to ace Senior Data Scientist
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in data science, particularly in commercial pricing and modelling. Emphasise your proficiency in programming languages like Python and R, as well as your experience with machine learning techniques.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for data science and your motivation to innovate within the insurance sector. Mention specific projects or experiences that demonstrate your ability to lead the development of predictive models.
Highlight Key Skills: In your application, clearly outline your technical skills, such as your knowledge of GLMs, GBMs, and clustering techniques. Provide examples of how you've applied these skills in previous roles to solve business challenges.
Showcase Collaboration Experience: Since the role involves working collaboratively with various teams, include examples of past teamwork experiences. Highlight how you contributed to projects and communicated results effectively to stakeholders.
How to prepare for a job interview at Vermelo RPO
✨Showcase Your Technical Skills
As a Senior Data Scientist, you'll need to demonstrate your expertise in machine learning and statistical techniques. Be prepared to discuss specific projects where you've successfully applied GLMs, GBMs, or other relevant models. Highlight your programming skills in Python or R, and be ready to solve a technical problem on the spot.
✨Understand the Business Context
Markerstudy operates in a competitive insurance market, so it's crucial to understand how data science impacts pricing and risk assessment. Research the company’s products and their market position. Be ready to discuss how your work can create value and improve their offerings.
✨Prepare for Collaborative Scenarios
The role involves working closely with various teams. Think of examples where you've successfully collaborated with others to solve complex problems. Be ready to discuss how you communicate technical results to non-technical stakeholders, as this will be key in your role.
✨Demonstrate Your Passion for Innovation
Markerstudy values innovation, so share your ideas on how to leverage new data sources or improve existing processes. Discuss any recent trends in data science that excite you and how they could be applied to enhance the company's operations.