Data Scientist, Aviva
+ eligibility for annual bonus
Insurance, wealth and retirement business
Open for applications
Insurance, wealth and retirement business
1001+ employees
Open for applications
+ eligibility for annual bonus
1001+ employees
Company mission
With you today, for a better tomorrow. Aviva exist to be with people when it really matters, throughout their lives.
Role
Who you are
- Undergraduate degree in Data Science, Actuarial Science, Computer Science or Engineering, Math, Statistics, Physics or a related field. A MSc or PhD is preferred
- 3+ years of experience with model development and working with large datasets. This can include experience from any industry or academia (post-doc experience)
- 3+ programming experience in Python with a good grasp of software engineering standard methodologies such as code-reusability, modularity, use of reports, etc
- Knowledge and interest in insurance pricing
- Excellent communication skills and comfort communicating sophisticated ideas appropriately for senior leadership and non-technical audiences
- Ability to assess and improve the usability and design of a solution
What the job involves
- As a senior data scientist, you will be part of the Data Science Price Modelling and Actuarial Innovation team, a dynamic team with exposure to different business partners and direct influence on future products and innovative solutions
- You will be integral to the end-to-end MLOps process, from ideation to production support to model monitoring
- With support from our team, you will develop and deploy machine learning and statistical models for practical applications that impact millions of customers
- The team has already developed algorithms used in production systems, and you will be part of the team expanding the scope of these algorithms
- Specifically, you will be joining the Commercial Line (CI) Price Modelling, working with a variety of Business and Engineering partners to have the best-in-class model-based pricing solution & follow-ups to deliver business value at scale, via building and enhancing the front-end service window and back-end tech platform
- Transformation of sophisticated data sets into meaningful conclusions & recommendations, with a focus on pricing models,
- Participation in all phases of pricing model MLOps process: data mining/processing, modeling, implementation and performance monitoring, etc
- Development and maintenance of a growing set of data mining tools, frameworks & approaches
- Communicate practical recommendations based on insights/model results
- Drive improvements to our processes and best practices and foster a culture of innovation
Our take
With 18 million international customers, Aviva is the largest provider of insurance and leading life and pension funds in the UK. With a history that dates back to the founding of Hand in Hand Fire & Life Insurance Society in 1696, Aviva’s current form is thanks to a merger between Norwich Union and CGU plc in the year 2000.
Over the noughties, Aviva grew its market out to Europe and established a high-profile foothold in America thanks to the most expensive advertising campaign of the time that included celebrities Alice Cooper and Bruce Willis. Into the 2010s, the insurance broker was forced to restructure and close a large number of its non-core businesses in a bid to increase its shareholder returns and streamline its focus. In 2012 it sold its US wing to Athene Holding to further this goal.
Now stripped back after sell-offs of subsidiaries in Indonesia, Italy, and many more countries, Aviva is refocusing on pensions. In the wake of a Pensions Dashboard Programme delay in the UK, Aviva is in the running to take over the programme thanks to its pre-existing private systems. This exemplifies Aviva’s renewed focus on the fintech sector, all whilst playing national analyst during the cost of living crisis thanks to its annual Age of Ambiguity study.
Steph
Company Specialist at Welcome to the Jungle
Insights
2% employee growth in 12 months
Company
Company HQ
City of London, London, UK
Leadership
Amanda Blanc
(CEO, not founder)Currently Group Board Non-Executive Director at BP. Previously Chairman of the Welsh Rugby Union, Senior Advisor at Trov, CEO at Zurich Insurance Company.
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