US
3 days ago
Predictive Analyst II

We are Farmers!

We are… more than just your favorite commercials.  At Farmers, we strive to deliver peace of mind to our customers by providing protection and comprehensive advice and delivering in the moments of truth. That means having people who can help us meet changing customer and business needs. Farmers high-performance culture is focused on results and the people who achieve them. We hold ourselves and others accountable for sustainably growing the business and each other. We seek solutions, own our actions, and grow through discomfort. We see setbacks as opportunities while continuously asking ourselves how we impact our customers. 

 

Farmers is an award winning, equal opportunity employer, committed to the strength of a diverse workforce. We are dedicated to supporting the well-being of our people through our extensive suite of benefits, as well as the well-being of the communities we serve through employee volunteer programs and nonprofit partnerships. Helping others in their time of need isn’t just our business – it’s our culture!  To learn more about our high-performance culture and open opportunities, check out www.Farmers.com/careers/corporate and be sure to follow us on Instagram, LinkedIn, and TikTok. 

 

Workplace: Hybrid or Remote, based on location ( #LI-Remote ) ( #LI-Hybrid )

Farmers believes in a culture of collaboration, creativity, and innovation, which thrives when we have the ability to work flexibly in a virtual setting as well as the opportunity to be together in person. Our hybrid work environment combines the best of both worlds with at least three (3) days in office and up to two (2) days virtual for employees who live within fifty (50) miles of a Farmers corporate office. Applicants beyond fifty (50) miles may still be considered.

About the Role

In this position, you will be a part of the R&D team, a high-performing business unit within Farmers Insurance Group focusing on personal and commercial auto insurance. The main focus of the position is the creation and maintenance of the  Rate Order of Calculation for Commercial Auto Insurance for the Bristol West division. Additionally, you will provide support for the Bristol West Personal Auto rating models. Ad hoc modeling tasks, related but not limited to conversion, retention, new rating variable testing are also included in this job’s description.

What You'll Accomplish

•    Develop and implement predictive analytics through countrywide and state models for personal and commercial auto insurance.

•    Specific duties include, but they are not limited to, the: creation, calibration and enhancement of the Rate Order of Calculation; once created the analyst will evaluate the performance of the models

•    Develop new modeling techniques by fundamental and applied research
•    Create and modify existing programming code that applies to the solution of business problems.
•    Extract, clean and validate data sets needed for the solution of business problems.
•    Communicate the modeling results to business stakeholders.  
•    Works with IT to implement modeling results in production.
•    Assist Product Management in filing the modeling results.
•    Automate tasks using VBA.
•    Assists in the training and development of more junior analysts.
•    Performs special modeling projects as assigned.
•    Performs other functions as assigned.

Education Requirements Bachelor's degree in Data Science, Statistics or Mathematics preferred. Master’s Degree in Data Science, Statistics or Mathematics preferred. High school diploma or equivalent required.  Experience Requirements 2 or more years of experience in related field required. 2 years of modeling experience preferred. Insurance experience preferred. Special Skills In depth, theoretical and practical knowledge of statistical techniques: Linear Regression, Generalized Linear Models, Clustering, Decision Trees, Neural Networks, etc Experience using: SAS, R, Python, or other modeling program SQL in any data extraction environment Excel, PowerBI Strong verbal and written communication skills Demonstrated ability to secure 'buy-in' and convince non-technical leaders and peers regarding best business problem solving approach Goal oriented team player  Excellent time management skills Strong relationship building Physical Environment This position operates in an open office working environment which will include normal and customary distractions, noise, and interruptions.Physical Actions Sits or stands for extended periods of time, up to a full work shift. Occasionally reaches overhead and below the knees, including bending, twisting, pulling, and stooping. Occasionally moves, lifts, carries, and places objects and supplies weighing 0-10 pounds without assistance. Listens to, interprets, and differentiates auditory information (e.g. others speaking) at normal speaking levels with or without correction. Visually verifies and reads information. Visually locates material, resources and other objects. Ability to operate a computer for extended periods of time, up to a full work shift. Physical dexterity sufficient to use hands, arms, and shoulders repetitively to operate keyboard and other office equipment up to a full work shift.

Benefits

Farmers offers a competitive salary commensurate with experience, qualifications and location.
o CA Only: $84,640 - $134,530
o CO Only: $79,360 - $116,380 
o  HI/IL/MN/VT Only: $79,360 - $124,300
o MA Only: $79,360 - $124,300  o MD Only: $79,360 - $124,300
o NY/DC/Jersey City Only: $79,360 - $134,530 
         o Albany County: $84,640 - $116,380 
o WA Only:  $79,360 - $141,250  Bonus Opportunity (based on Company and Individual Performance) 401(k) Medical Dental Vision Health Savings and Flexible Spending Accounts Life Insurance Paid Time Off Paid Parental Leave Tuition Assistance For more information, review “What we offer” on https://www.farmers.com/careers/corporate/#offer

 

Job Location(s): Multiple locations may be considered 

 

Anticipated application deadline: At Farmers, the recruitment process is designed to ensure that we find the best talent to join our team. As part of this process, we typically close open positions within 8 to 21 days after posting. If you are interested in any of our open positions, we encourage you to submit your application promptly.

 

Farmers will consider for employment all qualified applicants, including those with criminal histories, in accordance with the Los Angeles Fair Chance Initiative for Hiring Ordinance or other applicable law.  Pursuant to 18 U.S.C. Section 1033, Farmers is prohibited from employing any individual who has been convicted of any criminal felony involving dishonesty or a breach of trust without prior written consent from the state Department of Insurance.

 

Farmers is an Equal Opportunity Employer and does not discriminate in any employer/employee relations based on race, color, religion, gender, sexual orientation, gender expression, genetic information, national origin, age, disability, marital status, military and veteran's status, or any other basis protected by applicable discrimination laws. 

 

Want to learn more about our culture & opportunities? Check out www.Farmers.com/careers/corporate and be sure to follow us on Instagram, LinkedIn, and TikTok.

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