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Spring 2025 Data Science/Predictive Modeler Intern

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Plymouth Rock Assurance

3mo ago

  • Internship
    Full-time
    Summer Internship
  • Data
    Research & Development
  • Woodbridge

AI generated summary

  • You need strong decision-making skills, expertise in predictive modeling, programming proficiency in Python/SAS/R, and a Master's in economics or statistics. Auto insurance knowledge is a plus.
  • You will mine and cleanse data, prepare datasets for modeling, produce predictive models, assist in profitability studies, communicate findings, manage projects, and support modeling requests.

Requirements

  • Broad thinker with the ability to synthesize information from various sources and apply that information to concrete business problems. Strong decision-making skills.
  • Solid skills and training in predictive modeling, data mining and other quantitative and research analytics (Multivariate Analysis, Bayesian Methods, Generalized Linear Models, Non-Linear Models, Decision Trees, Non-Parametric estimation, Machine learning techniques etc.).
  • Strong programming ability in Python, SAS, SQL, R or other programming languages and proficiency in scripting languages and ability to build code and algorithms to tackle statistical problems.
  • Excellent written and oral communication and presentation skills.
  • Self-starter, critical thinking and strong individual contributor.
  • Solid understanding of database principles and experience working with large databases.
  • Knowledge of auto insurance will be a plus.
  • Experience developing and implementing multivariate predictive models using GLM and other statistical methods preferred.
  • Masters in economics, statistics, or related field required, PhD preferred.

Responsibilities

  • Performs data mining and data cleansing tasks.
  • Prepare datasets for modeling through balancing and validation.
  • Produces predictive models which enable the creation of rating plans and evaluation of risk.
  • Assists decision makers with studies that evaluate new business models to evaluate customers’ profitability including customers and/or risk segmentation, retention and lifetime value modeling.
  • Hands-on modeling experience and deep understanding of both conventional quantitative analytics such as GLM, GLMM, Bayesian statistics, Actuarial methods and tree-based machine learning techniques like GBM, Random Forest, NLP, Topics Model and Deep Learnings
  • Communicates to diverse audiences, including technical and non-technical.
  • Manages projects of moderate complexity.
  • Supports modeling requests made by other departments.
  • Works closely with others to gain strong understanding of insurance concepts and processes.
  • Perform other job-related duties as assigned.

FAQs

What is the duration of the internship?

The internship is for the Spring 2025 term.

What key responsibilities will the intern have?

The intern will conduct data mining and cleansing tasks, prepare datasets for modeling, produce predictive models, and assist with studies evaluating new business models, among other responsibilities.

What programming skills are required for this internship?

Strong programming ability in Python, SAS, SQL, R, or other programming languages is required.

Is prior experience in auto insurance necessary for this role?

While it's not mandatory, knowledge of auto insurance will be a plus for candidates.

What educational qualifications are required for this position?

A Master’s degree in economics, statistics, or a related field is required, and a PhD is preferred.

Will the intern collaborate with other departments?

Yes, the intern will work closely with various business unit leaders and support modeling requests made by other departments.

Are there specific modeling techniques that the intern should be familiar with?

Yes, the intern should have a solid understanding of conventional quantitative analytics and machine learning techniques, including GLM, Bayesian statistics, and tree-based methods like Random Forest and GBM.

What are the essential communication skills required for this role?

Excellent written and oral communication and presentation skills are essential, as the intern will need to communicate with both technical and non-technical audiences.

Is there a focus on project management in this internship?

Yes, the intern is expected to manage projects of moderate complexity as part of their responsibilities.

What kind of company culture does Plymouth Rock Company promote?

Plymouth Rock Company fosters an empowering environment for employees and emphasizes continuous investment in technology and customer service.

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Plymouth Rock Assurance

Plymouth Rock. Get more from your Auto and Home Insurance.

Finance
Industry
1001-5000
Employees
1983
Founded Year

Mission & Purpose

If you’ve found your way to our LinkedIn page, you’re likely here for one of two reasons: You’re reviewing insurance companies or you’re browsing new career opportunities. Well, you’ve come to the right place. Insurance Customer In just 35 years, Plymouth Rock Assurance has grown to be one of the leading auto and home insurers in the Northeast. With unique features like Crashbusters® mobile claims vans, Door to Door Valet Claim Service®, the Get Home Safe® taxi and rideshare benefit, Road Rewards® and our Home Insurance Quick Quote, we’re committed to delivering our customers “More Than Just Insurance.”