Senior Data Scientist, Coalition
CA$123.6-187k
Salary is dependent on location
Cyber insurance and security for businesses
Open for applications
Cyber insurance and security for businesses
501-1000 employees
Open for applications
CA$123.6-187k
Salary is dependent on location
501-1000 employees
Company mission
To protect the unprotected from technology failures and cyber-attacks, helping manage risk online so they can focus on growth.
Role
Who you are
- Bachelor's degree in a quantitative field (e.g., Statistics, Mathematics, Computer Science, Actuarial Science, or related discipline)
- 5+ years of experience in underwriting, quantitative analysis, or risk modeling in the insurance industry
- Knowledge of underwriting, pricing, reserving, or risk management processes in insurance
- Advanced SQL skills for querying complex databases and joining disparate data sources
- Expertise in data manipulation and analysis using Python, R, or similar analytical tools
- Experience with data visualization tools (e.g., Tableau, Power BI, Looker)
- Experience with dashboard creation for operational metrics tracking
- Strong communication and analytical skills
- Capable of working with remote teams
Desirable
- Actuarial qualification
- Experience in cyber insurance or cyber security
- Prior experience or willingness to learn how to work with large datasets and big data technologies (Snowflake, AWS Athena)
What the job involves
- As a Senior Data Scientist at Coalition you will be responsible for measuring, understanding, and helping optimize Coalition’s underwriting. You will perform statistical analysis to provide data-driven insights. You will help us understand and improve our cyber risk selection and reduction, pricing and automation in order to grow our revenue in a safe and efficient manner
- Analyze diverse datasets including claims data, cybersecurity risk signals, and underwriting databases to extract meaningful patterns and insights
- Large scale data analysis with the objective of producing valuable risk signals to be used for underwriting or risk evaluation of organizations
- Develop and refine statistical and machine learning models to assess cybersecurity risks with applications to underwriting and pricing
- Create comprehensive reports on underwriting efficiency metrics and risk selection quality to inform strategic decisions
- Apply statistical techniques to evaluate and improve our cyber risk assessment methodology
- Provide analytical support for underwriting strategies to balance growth with risk management
- Identify, analyze, and implement opportunities to automate underwriting workflows using advanced analytics and data-driven strategies
- Collaborate cross-functionally with actuarial, product, and engineering teams to implement data-driven improvements. Lead cross-functional initiatives in area of expertise
- Serve as both a technical lead and a mentor within the underwriting team
- Work alongside other data scientists, software engineers, and cyber security engineers to improve underwriting at Coalition. Intellectual curiosity and proactive approach to identifying improvement opportunities
Our take
The cybersecurity industry has been going through a record-breaking period of investment. This trend has emerged as more companies move to cloud-based networks following the increase in out-of-office work, thus increasing the risk of cyber attacks. However, many cutting-edge cyber defences are too expensive for many companies.
Coalition’s joint offering of cybersecurity tools, a risk management platform, and cyber insurance allows companies to manage the ever-present risk of cyber threats.
The company has made a strong start since its 2017 launch, raising more than $800 million in funding. There are several other fast-growth startups in the cybersecurity space, including Wiz and Orca Security, but Coalition’s shrewd insurance-based model is what sets it apart from the competition. The company has set out on a path toward global expansion, branching out from the US and Canadian markets to bring its solutions to the UK, whilst also acquiring smaller competitors like JUMBO.
Steph
Company Specialist at Welcome to the Jungle
Insights
100% employee growth in 12 months
Company
Funding (last 2 of 6 rounds)
Jul 2022
$250m
SERIES F
Sep 2021
$205m
SERIES E
Total funding: $770m
Company benefits
- Paid parental leave
- 401k plan
- Stock option plan
- Open vacation days
- Flexible working hours
- Work from home opportunities
- Health insurance
Company HQ
Financial District, San Francisco, CA
Leadership
Joshua Motta
(Co-Founder & CEO)After studying at the University of Chicago, Joshua worked at Goldman Sachs for a year before moving to Private Equity at Francisco Partners, and working as an IGNIA Partners Investor. He left his role at Cloudflare to co-found Coalition in March 2017.
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