At The Hartford, we are devoted to creating a significant impact that transcends traditional coverage and policy solutions. Join our team and fulfill your personal and professional aspirations while helping others achieve theirs as well.
The Hartford is on the lookout for a seasoned Director of Data Science to steer the Workers' Compensation Pricing Models within our Actuarial Strategic Modeling (ASM) department. In this critical leadership position, you will drive innovations in predictive modeling, machine learning, and actuarial analytics for our largest business line, managing over $3B in annual premium. You'll lead an energetic team of data scientists and actuaries, collaborating with various departments such as product, data engineering, underwriting, and actuarial to deliver impactful modeling solutions that shape pricing, segmentation, and underwriting strategies. The ASM team is focused on enhancing model workflows through scalable systems and continuous delivery; we need a forward-thinking leader to champion this endeavor.
Key Responsibilities:
• Lead WC Modeling: Serve as the model owner for Workers' Compensation predictive models, ensuring alignment with pricing and business objectives. Collaborate on the strategic vision while managing team workload and ensuring timely model outcomes.
• Model Development & Deployment: Oversee the design, maintenance, and deployment of predictive models for frequency, severity, and loss cost estimates, ensuring readiness for production and smooth integration into pricing workflows.
• Cross-Functional Collaboration: Partner closely with Actuarial, Data Engineering, Underwriting, and Product teams to ensure modeling initiatives align with pricing strategies and organizational objectives, promoting collaboration and innovative solutions.
• Innovation: Propel modernization through advanced modeling techniques, machine learning, and AI to improve operational efficiency and decision-making. Lead experiments with new data sources, features, and methodologies to uncover insights that support strategic goals.
• Operational Excellence: Guarantee comprehensive documentation, validation, and governance, alongside scalable processes to track model performance and maintain reliability.
• Talent Development: Guide and nurture team members, fostering a culture of curiosity, accountability, and continuous learning. Participate in the hiring and onboarding processes, including intern and actuarial student rotations.
• Strategic Influence: Engage in enterprise initiatives to ensure effective integration of Workers' Compensation predictive models into core data and system platforms.
Qualifications:
• 8+ years of relevant analytical experience is preferred.
• Advanced degree (Master's or Ph.D.) in Statistics, Applied Mathematics, Quantitative Economics, Actuarial Science, Data Science, Computer Science, or a related field, or a relevant professional designation (e.g., FCAS, FSA, CSPA, ACAS, ASA).
• Strong expertise in statistical modeling, inference, and machine learning algorithm development utilizing Python and/or R.
• Prior management experience is required.
• Thorough understanding of the complete modeling lifecycle, from requirements gathering to monitoring and validation.
• Experience with SQL and familiarity with cloud-native platforms (e.g., Snowflake, Sagemaker).
• Excellent communication skills for both technical and non-technical audiences.
• Able to translate complex technical concepts into business solutions and strategies, as well as convert business needs into technical solutions.
This role will feature a hybrid work schedule, with an expectation of being in-office (Columbus, OH, Chicago, IL, Hartford, CT, or Charlotte, NC) three days a week (Tuesday through Thursday).
Applicants must be authorized to work in the US without company sponsorship.
Compensation:
The annualized base pay range for this role is $153,200 - $229,800, reflecting an analysis of similar positions in the external market. Actual base pay may vary based on individual performance, proficiency, and demonstrated competencies. In addition to base pay, The Hartford offers a comprehensive total compensation package, including potential short-term or annual bonuses and long-term incentives.
The Hartford is an Equal Opportunity Employer and is committed to diversity.
