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Data Scientist, Pricing R&D

Remote (United States)

We believe a large part of building an effective insurance company can be solved with a systematic, quantitative framework. We are committed to the rigorous development and effective deployment of modern statistical machine learning methods to problems in the insurance industry.

We're looking for a Data Scientist to help build and evaluate our pricing models to enhance our risk segmentation. Working alongside a combination of actuaries and data scientists, you'll leverage modern statistical techniques to build on our pricing capabilities and more accurately segment our customers. You'll also establish KPIs to explain model performance, communicating findings and trends to key stakeholders across the business.

What you'll be doing:

  • Build and evaluate pricing models and risk segmentation plans
  • Enhance evaluation pipelines to translate model results into KPIs
  • Leverage internal and external data sources to engineer novel features to enhance risk segmentation
  • Build data processing pipelines to quickly iterate on research ideas and put them into production
  • Take end-to-end ownership of problem domains and continuously improving upon quantitative solutions

What we're looking for:

  • Advanced degree in a quantitative discipline and/or 3+ years of applying advanced quantitative techniques to problems in industry. Actuarial pricing experience preferred.
  • Strong demonstrable knowledge of topics such as bayesian statistics, machine learning, and numerical optimization.
  • Exceptional communicator and storyteller.
  • Strong programming skills with experience using modern packages in R and Python.
  • Demonstrated experience building, validating, and applying statistical machine learning methods to real world problems.

Get In Touch

Finding the right people to help us build Root is a top priority. Whether you would like to explore the possibility of working together or simply learn more about the position, we’d love to hear from you!

Apply now

Join us

At Root, we judge people based on the merit of their work, not who they are. If you are passionate about what this role entails and solving real problems, we encourage you to apply. We want to learn about you and what you can add to our team.

Who we are

We’re harnessing the power of technology to revolutionize insurance. Using machine learning and mobile telematic platforms, we’ve built one of the most innovative FinTech companies in the world. And we’re just getting started.

What draws people to Root

Our success is in large part due to our unwavering standards in hiring. We recognize that our products are only as good as the people building and promoting them. We want individuals who find solutions by going through the cycle of ideation to implementation with curiosity, rigor, and an analytical lens. Ask anyone who works here and you’ll hear similar reasons for why they joined:

Autonomy—for assertive self-starters, the opportunities to contribute are limitless. Impact—by challenging the way it’s always been done, we solve problems that have a big impact on our business. Collaboration—we encourage rich discussion and civil debate at every turn. People—we are inspired by the collection of crazy-smart people around us.

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Root Inc.

80 E. Rich Street

Suite 500

Columbus, OH 43215

Copyright ROOT 2021. ROOT is a registered servicemark of Root Insurance Company, Columbus, OH. Disclaimer for quotes: We reserve the right to refuse to quote any individual a premium rate for the insurance advertised herein. Disclaimer for coverage: Coverage is available in the event of a covered loss. Exclusions may apply. Not available in all states. Disclaimer for savings: Based on savings reported by actual customers who purchased a new Root policy between October 2019 - July 2020; changes in coverage levels not evaluated. For California residents: Telematics is not used and resulting represented savings are not applicable. Referral program not applicable. Roadside Assistance purchased as separate coverage. Visit joinroot.com/califaq for more information. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.