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Kingstone Insurance CompanyKC

Senior Data Scientist – Predictive Modeling (Property Insurance)

Kingstone Insurance Company is a New York-based property and casualty insurer founded in 1886, specializing in homeowners and other personal lines insurance distributed through independent agents.

Kingstone Insurance Company

Employee count: 51-200

Salary: 110k-160k USD

United States only

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Job Summary:

We are looking for a skilled Senior Data Scientist focused on predictive modeling to join our Actuarial team. This key technical position, reporting directly to the Data Science Senior Manager, encompasses the entire modeling lifecycle, including model design, data, development, validation, and implementation. In this role, you will be an integral part of a collaborative team, working with various functions within the Actuarial team and across departments to drive data-driven decision-making.

This is a remote position working under EST business hours.

Salary Range: $110,000 - $160,000

Applicants must be legally authorized to work for ANY employer in the U.S.; Kingstone does not currently sponsor individuals for employment-based visas.

What you will do:
  • Design, build, and deploy pricing, underwriting, and customer demand models to continuously improve Kingstone’s profitability and growth.
  • Oversee end-to-end model development and application.
  • Lead modeling or data projects and guide junior data scientists.
  • Continuously refresh and enhance existing models.
  • Own data management for the modeling function, including data collection, integration, cleaning, processing and transformation.
  • Explore new data sources and analytical techniques to ensure competitive advantage.
  • Communicate analysis, insights, and results to team, business partners, and leaders.
  • Share expertise with the business and the actuarial community through discussions, presentations, or peer reviews to improve business outcomes.
What you will bring:
  • An advanced degree in Statistics, Data Science, or a related field; or a bachelor’s degree with 7+ years of predictive modeling experience.
  • 5+ years of experience working in a data science modeling development position in the insurance field.
  • Experience working for a personal lines P&C insurance carrier, preferably with experience in the Homeowners business.
  • Expertise in Microsoft Office tools, SQL, and R or Python.
  • Hands-on modeling experience with large-scale datasets and a deep understanding of predictive modeling, data mining, and other quantitative and research analytics (Generalized Linear Models, Multivariate Analysis, Bayesian Methods, Non-Linear Models, Decision Trees, Parametric estimation, Machine learning techniques, etc.).
  • Intensive experience managing, processing and analyzing data for modeling purposes.
  • Industry expertise in predictive analytics tools, regression models, and software (preferably Earnix) is required.
  • Self-motivation and capability of independently and proactively advancing projects.
  • Strong willingness to learn and attention to detail.
  • Excellent communications skills including verbal, written, and presentation skills.
  • Collaborative strengths and ability to work as part of a team as well as cross-functionally.
  • Ability to develop and deliver communications for complex technical projects to non-technical audiences (appropriate audience, level of detail, urgency).
What we offer:
  • Comprehensive health benefits
  • Life and disability insurance
  • 401(k) with company match
  • Paid parental leave
  • Paid vacation, paid holidays, and birthday off
  • Peer recognition program
Please note that Kingstone does not accept unsolicited resumes from recruiters or employment agencies. In the event of a recruiter or agency submitting a resume or candidate without a signed agreement being in place, we explicitly reserve the right to pursue and hire such candidates without any financial obligation to the recruiter or agency. Any unsolicited resumes, including those submitted directly to hiring managers, are deemed to be the property of Kingstone.

About the job

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Posted on

Job type

Full Time

Experience level

Senior

Salary

Salary: 110k-160k USD

Location requirements

Hiring timezones

United States +/- 0 hours

About Kingstone Insurance Company

Learn more about Kingstone Insurance Company and their company culture.

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Kingstone Insurance Company, a subsidiary of Kingstone Companies, Inc., is a well-established property and casualty insurer with a long-standing history dating back to its founding in 1886. Headquartered in Kingston, New York, the company has been serving the insurance needs of residents and businesses in the northeastern United States for over a century. Originally established as the Co-Operative Fire Insurance Company of Catskill, New York, it has undergone several transformations, including a name change to Commercial Mutual Insurance Company in 1976 and its conversion to a stock company in 2009, which led to its current name, Kingstone Insurance Company. The company's longevity in the competitive insurance market is a testament to its stability and commitment to its policyholders.

Kingstone Insurance Company specializes in providing a range of personal and commercial insurance products, with a primary focus on homeowners insurance. Its offerings are tailored to meet the diverse needs of its clientele, which includes coverage for coastal homes, high-value properties, seasonal residences, and landlord properties. In addition to standard homeowners policies, Kingstone provides dwelling fire, condominium, co-op, and renters insurance. The company also offers personal umbrella policies to provide an extra layer of liability protection. Kingstone distributes its products exclusively through a network of independent agents and brokers, emphasizing a philosophy centered on personal service, responsiveness, and building strong partnerships. This approach allows for a more personalized experience for policyholders, ensuring they receive coverage that aligns with their specific circumstances. The company is licensed to operate in several states, including New York, New Jersey, Rhode Island, Massachusetts, and Connecticut, and continues to adapt to the evolving marketplace by developing new products and enhancing its existing offerings.

Employee benefits

Learn about the employee benefits and perks provided at Kingstone Insurance Company.

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Flexible work schedule

Allows for flexibility in work hours.

Paid parental leave

Provides paid time off for new parents.

Comprehensive health benefits

Offers comprehensive health insurance options.

Life and disability insurance

Provides life and disability insurance coverage.

View Kingstone Insurance Company's employee benefits
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Kingstone Insurance Company

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Kingstone Insurance Company hiring Senior Data Scientist – Predictive Modeling (Property Insurance) • Remote (Work from Home) | Himalayas