Director, Data Science

Reposted 5 Days Ago
Be an Early Applicant
2 Locations
In-Office
161K-266K Annually
Senior level
Insurance
The Role
As Director of Data Science, lead analytical projects, build complex models, drive pricing strategy, mentor teams, and communicate insights to senior leaders.
Summary Generated by Built In
Who Are We?

Taking care of our customers, our communities and each other. That’s the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 170 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it.

Job Category
Data Science

Compensation Overview

The annual base salary range provided for this position is a nationwide market range and represents a broad range of salaries for this role across the country. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. As part of our comprehensive compensation and benefits program, employees are also eligible for performance-based cash incentive awards.

Salary Range$161,400.00 - $266,300.00

Target Openings
1

What Is the Opportunity?
Travelers Data Scientists are taking the organization to the next level of intelligence by using advanced statistical techniques and machine learning algorithms. As a Director & Data Scientist, you will build complex models that solve key business problems for the PI Property Pricing team. You will lead the evolution of our Territory pricing strategy, driving optimization and consensus on future modeling and implementation approaches. This may include the use of advanced artificial intelligence techniques to analyze imagery, text, and other unstructured data. You will also serve as the primary liaison for Western Regional pricing support, coordinating with business partners to ensure successful strategic execution. You will communicate insights and tell the story using data to senior leaders. This role will manage a small team of 2-3 data scientists.What Will You Do?
  • Lead business or technical projects focused on the design or development of analytical solutions.
  • Share expertise with the community through discussions, presentations, or peer reviews.
  • Begin to challenge conventional thinking and set and manage expectations with business partners for large projects, generate and share ideas, and be aware of potential conflicts.
  • Anticipate potential objections and persuade senior-level colleagues to adopt a different point of view.
  • Communicate analysis, insights, and results to team, peers, business partners, and occasionally to senior leaders. You will lead group discussions and tailor communication to the audience.
  • Be a mentor or resource for less experienced analytic talent, onboard new employees and interns, and provide support for recruiting and talent assessment efforts.
  • Support various training and skill development initiatives, including delivering training to the analytics community
  • Perform other duties as assigned.
What Will Our Ideal Candidate Have?
  • Master's in STEM related field or equivalent.
  • 5 or more years of related experience.
  • Subject matter expertise in modeling/ research/ analytics or actuarial required.
  • Subject matter expertise in value creation and business model concepts.
  • Subject matter expertise in multiple statistical software programs.
  • Ability to develop highly complex models, interpret model results and recommend adjustments.
  • Expertise in advanced statistics underlying data models.
  • Ability to apply emerging statistical procedures to complex work.
  • Subject matter expertise in 3-5 of the following: Regression, Classification, Machine Vision, Natural Language Processing, Deep Learning and Statistical modeling.
What is a Must Have?
  • Master's degree in Statistics, Mathematics, Decision Sciences, Actuarial Science or related analytical STEM field plus five years of experience or any suitable and equivalent combination of education and work experience.
  • Heavy concentration in mathematics, including statistics and programming, business intelligence/analytics, as well as data science tools and research using large data sets.
  • Additional verification of specific coursework will be required.
What Is in It for You?
  • Health Insurance: Employees and their eligible family members – including spouses, domestic partners, and children – are eligible for coverage from the first day of employment.
  • Retirement: Travelers matches your 401(k) contributions dollar-for-dollar up to your first 5% of eligible pay, subject to an annual maximum. If you have student loan debt, you can enroll in the Paying it Forward Savings Program. When you make a payment toward your student loan, Travelers will make an annual contribution into your 401(k) account. You are also eligible for a Pension Plan that is 100% funded by Travelers.
  • Paid Time Off: Start your career at Travelers with a minimum of 20 days Paid Time Off annually, plus nine paid company Holidays.
  • Wellness Program: The Travelers wellness program is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health program provides access to free professional counseling services, health coaching and other resources to support your daily life needs.
  • Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards program that enables you to give back to the charity of your choice.
Employment Practices

Travelers is an equal opportunity employer. We value the unique abilities and talents each individual brings to our organization and recognize that we benefit in numerous ways from our differences. 

In accordance with local law, candidates seeking employment in Colorado are not required to disclose dates of attendance at or graduation from educational institutions.

If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an email so we may assist you.

Travelers reserves the right to fill this position at a level above or below the level included in this posting.

To learn more about our comprehensive benefit programs please visit http://careers.travelers.com/life-at-travelers/benefits/.

Top Skills

Advanced Statistics
Classification
Deep Learning
Machine Learning
Machine Vision
Natural Language Processing
Regression
Statistical Modeling
Statistical Software Programs
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The Company
HQ: New York, NY
35,118 Employees

What We Do

Travelers provides insurance coverage to protect the things that are important to you – your home, your car, your valuables and your business. We have been around for more than 165 years and have earned a reputation as one of the best property casualty insurers in the industry because we take care of our customers, agents, brokers, communities and each other.

Every day, our approximately 30,000 employees and 13,500 independent agents and brokers in the United States, Canada, the United Kingdom and Ireland help provide peace of mind to our customers.

Our expertise and focus on innovation have made us an industry leader and the only property casualty company in the Dow Jones Industrial Average. Our history of advancements has propelled our company, and our industry, to deliver higher standards – from writing the first auto and space travel policies to founding the Travelers Institute for public policy and launching a hybrid car discount.

By minimizing risk, preventing loss and helping our customers prepare for the unknown, Travelers’ comprehensive products and services enable individuals and businesses to feel confident and secure about the future.

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