Senior Data Scientist
$137k - $187k per yearCoalition
About us
Coalition is the world's first Active Insurance provider designed to help prevent digital risk before it strikes. Founded in 2017, Coalition combines comprehensive insurance coverage and innovative cybersecurity tools to help businesses manage and mitigate potential cyberattacks.
Opportunities to make an impact with bold thinking are real—and happening daily at Coalition.
About the role
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.
Responsibilities
- 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
Skills and Qualifications
- 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
Nice-to-have Skills
- 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)
Compensation
As a remote-first organization, our compensation reflects the cost of labor across several Canadian geographic markets.
In Alberta, British Columbia & Ontario the base salary for this position ranges from $137,000/year up to $187,000/year.
For all other locations, the base salary for this position ranges from $123,600/year up to $154,440/year.
Consistent with applicable laws, an employee's pay within this range is based on a number of factors, which include but are not limited to relevant education, skills, job-related knowledge, qualifications, work experience, credentials, and/or geographic location. Your Recruiter can share more on the specific target salary range for your location during the interview process. Coalition, Inc. reserves the right to modify this range as needed.
Vacancy Status: This posting is for an existing vacancy.
Use of AI: We utilize AI-assisted tools to help us organize and review the high volume of applications we receive. However, our human recruiting team makes all final hiring decisions and interview selections, valuing personal connection over algorithms.
Application Updates: Consistent with our commitment to transparency, if you are interviewed for this role, we will provide a status update on your application within 45 days of your final interview.
Perks
- 100% medical, dental, and vision coverage
- Flexible PTO
- Annual home office stipend and WeWork access
- Mental & physical health wellness programs like Headspace, Lumino, and more!
- Competitive compensation and opportunity for advancement
$137.6k - $172k per year
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