Senior Data Scientist Product Pricing at Allstate

The world isn’t standing still, and neither is Allstate. We’re moving quickly, looking across our businesses and brands and taking bold steps to better serve customers’ evolving needs. That’s why now is an exciting time to join our team. You’ll have opportunities to take risks, challenge the status quo and shape the future for the greater good.
You’ll do all this in an environment of excellence and the highest ethical standards – a place where values such as integrity, inclusive diversity and accountability are paramount. We empower every employee to lead, drive change and give back where they work and live. Our people are our greatest strength, and we work as one team in service of our customers and communities.
Everything we do at Allstate is driven by a shared purpose: to protect people from life’s uncertainties so they can realize their hopes and dreams. For more than 89 years we’ve thrived by staying a step ahead of whatever’s coming next – to give customers peace of mind no matter what changes they face. We acted with conviction to advocate for seat belts, air bags and graduated driving laws. We help give survivors of domestic violence a voice through financial empowerment. We’ve been an industry leader in pricing sophistication, telematics, digital photo claims and, more recently, device and identity protection. We are the Good Hands. We don’t follow the trends. We set them.
Department Summary
Data, Discovery, and Decision Science (D3) is the research and analytics organization at Allstate. In D3, you’ll be surrounded by 360+ tenacious and intellectually curious colleagues in an inclusive culture that encourages you to take risks, challenge the status quo and shape the future for the greater good. We are solving some of today’s most complicated analytics problems, making the lives of our Allstate colleagues easier and more productive, and driving our mission to deliver targeted insurance solutions to our customers. We are partnering to incorporate analytics into every aspect of the enterprise. We are avid about learning new ways to get the most value from our massive data resources and leading-edge technology. We are committed to building an inclusive and diverse team where everyone has an equal opportunity to succeed. We strive to hire people from different backgrounds so that we can better serve our diverse customer needs.
Job Summary:
As a Lead Data Scientist in the Pricing Sophistication Team, you'll play a hybrid role, leading and coaching a small team of Data Scientists and performing hands-on work, building innovative pricing and underwriting models to support transformation in Allstate's Business Insurance (ABI) products.  You can look forward to an excellent partnership with the stakeholders you'll be supporting; several models have been successfully adapted and have been major drivers in advancing ABI's competitive position. Signal intelligence will continue to advance pricing sophistication and you'll be a pivotal part of driving this forward and allowing ABI to reimagine commercial underwriting.
If you possess Insurance Pricing or modeling experience and you'd enjoy having broad influence on peers and the business area you're supporting, we'd love to review your credentials.
Key Responsibilities:
Uses best practices to develop complex statistical, machine learning techniques to build models that address business needs and to improve the accuracy of our data and data-driven decisions
Reviews, evaluates and communicates appropriateness of modeling techniques and results to team, leadership and stakeholders to ensure these are well understood and incorporated into business processes. Develops and executes communication strategy, keeping stakeholders informed and finding opportunities to influence the direction of work
Collaborates with the team and works on data and complex business problems in order to improve the effectiveness of business decisions and business results through designing, building, and partnering to implement machine learning/predictive models. Understands the business’ problems to identify the optimal modeling approach.  
Identifies languages and tools that can bring efficiencies or needed techniques to the team. With coaching can identify new areas of data, research and models that can solve business problems.
Utilizes effective project planning techniques to break down moderately complex and occasionally complex machine learning/predictive modeling and/or development projects into tasks and ensure deadlines are kept
Mentors and develops others
Education and Experience:
Master’s or PhD
3 or more years of related experience
Insurance pricing and/or modeling experience is a big plus
Functional Skills:
Experience in managing and manipulating large, complex datasets and ability to analyze and interpret moderate to complex concepts
Ability to provide written and oral interpretation of highly specialized terms and data, and ability to present this data to others with different levels of expertise
Functional pricing, rating plan design, and insurance regulation knowledge, with working knowledge of personal lines underwriting and product offerings preferred
Demonstrated Analytic Agility and ability to quickly learn and switch topics
Ability to use and learn a wide variety of tools and languages to achieve results
Ability to code and develop prototypes in various languages
Experience in using statistical modeling and/or machine learning techniques to build models that have driven company decision making
Experience with advanced system programing
Experience working with Agile team
Knowledge of advanced machine learning techniques and libraries
Knowledge of full stack development
Compensation offered for this role is $108,000 - $150,000 and is based on experience and qualifications.
The candidate(s) offered this position will be required to submit to a background investigation, which includes a drug screen.
Good Work. Good Life. Good Hands®.
As a Fortune 100 company and industry leader, we provide a competitive salary – but that’s just the beginning. Our Total Rewards package also offers benefits like tuition assistance, medical and dental insurance, as well as a robust pension and 401(k). Plus, you’ll have access to a wide variety of programs to help you balance your work and personal life -- including a generous paid time off policy. For a full description of Allstate’s benefits, visit allstate.jobs/benefits/
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Allstate generally does not sponsor individuals for employment-based visas for this position.
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