The typical starting salary range for this role is determined by a number of factors including skills, experience, education, certifications and location. The full salary range for this role reflects the competitive labor market value for all employees in these positions across the national market and provides an opportunity to progress as employees grow and develop within the role. Some roles at Liberty Mutual have a corresponding compensation plan which may include commission and/or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role.
DescriptionThe creative problem solvers in Liberty Mutual’s Insights & Solutions group harness the power of data, analytics and technology to develop innovative solutions that drive our US Retail Markets business forward and support a high-performing culture. This group brings together highly talented thinkers and doers ready to challenge the status quo and make an impact. As a member of this cross-functional group, you’ll collaborate with teams across Liberty Mutual to deliver analysis that unlocks insights and sparks new, better ways of working.
The US Retail Markets Data Science team brings together a diverse range of talent to predict future risk and what our customers will need to recover. Our data engineers write code that turns trillions of bits of information into structured data—data that our hundred-plus Data Scientists analyze with cutting-edge modeling techniques to unlock insights. From there, our tools and deployment teams ensure this data can be practically applied to business problems across US Retail Markets. Join us and be a part of this dynamic group driving industry-leading data segmentation, fueling the team’s success now and into the future.
The USRM Data Science Demand and Decision Science team is seeking an independent, creative, and self-motivated individual contributor to work on the US Personal Auto line of business. The Demand and Decision Science team builds complex demand models for customer retention, conversion, price elasticity, and lifetime value. The analyst in this role will contribute to model development and implementation, with a focus on incorporating Lifetime Value (LTV) into pricing. They will also contribute to the development and enhancement of demand-based calibration tools to support new rating program rollouts. Additionally, a successful analyst in this role will collaborate with business partners to develop analytical solutions that enable data-driven strategic decision-making. They will accomplish this by utilize data science techniques to manipulate large structured and unstructured data sets, identify patterns in raw data, and develop models and perform cost benefit analyses to drive more optimal decision making for the org.
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**This role may have in-office requirements based on candidate location.**
Responsibilities:
Build complex retention, conversion, and price elasticity models using various techniques including GLMs, machine earning, and causal inference techniques.Applies data science techniques; gains confidence in skill application using analytics and data science techniques to manipulate large structured and unstructured data sets in order to generate insights to inform business decisions.Identifies and tests hypotheses, ensuring statistical significance, as part of building predictive models for business application.Translates quantitative analyses and findings into accessible visuals for non-technical audiences, providing a clear view into interpreting the data.Gains experience in enabling the business to make clear tradeoffs between and among choices, with a reasonable view into likely outcomes.Assists in customizing analytic solutions to specific client needs.Responsible for smaller components of projects considered low to moderate complexity and may work on smaller components of complex projects.Engages with the Data Science community.Participates in cross functional working groups. Qualifications Solid knowledge of predictive analytics techniques and statistical diagnostics of models.Advance knowledge of predictive toolset; expert resource for tool development.Demonstrated ability to exchange ideas and convey complex information clearly and concisely.Has a value-driven perspective with regard to understanding of work context and impact.Competencies typically acquired through a Master’s degree (scientific field of study) and 0-1 years of relevant experience or a Bachelor’s degree (scientific field of study) and 3+ years of relevant experience. About Us**This position may have in-office requirements depending on candidate location.**
At Liberty Mutual, our purpose is to help people embrace today and confidently pursue tomorrow. That's why we provide an environment focused on openness, inclusion, trust and respect. Here, you'll discover our expansive range of roles, and a workplace where we aim to help turn your passion into a rewarding profession.
Liberty Mutual has proudly been recognized as a "Great Place to Work" by Great Place to Work® US for the past several years. We were also selected as one of the "100 Best Places to Work in IT" on IDG's Insider Pro and Computerworld's 2020 list. For many years running, we have been named by Forbes as one of America's Best Employers for Women and one of America's Best Employers for New Graduates as well as one of America's Best Employers for Diversity. To learn more about our commitment to diversity and inclusion please visit: https://jobs.libertymutualgroup.com/diversity-inclusion
We value your hard work, integrity and commitment to make things better, and we put people first by offering you benefits that support your life and well-being. To learn more about our benefit offerings please visit: https://LMI.co/Benefits
Liberty Mutual is an equal opportunity employer. We will not tolerate discrimination on the basis of race, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran's status, pregnancy, genetic information or on any basis prohibited by federal, state or local law.
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