Data Scientist (Hybrid Worcester, MA or Remote)

The Hanover is committed to delivering on our promises and fostering an inclusive corporate culture through our CARE values, sustainability initiatives, and hybrid work arrangements.

About the role

The Data Scientist designs, implements, and evaluates advanced statistical models, machine learning algorithms, and tools to address complex business issues. Responsibilities include building econometric and statistical models for projections, classification, clustering, pattern analysis, sampling, and simulations. The role involves researching new methods for predicting end-user behavior, investigating data summarization and visualization techniques, and performing ad-hoc data mining on large datasets. The Data Scientist prepares reports and presentations for stakeholders to support departmental and business-wide decision-making while adhering to data governance and regulatory practices.

Responsibilities

• Participate in advanced analytic work and predictive modeling projects using statistical and machine learning/deep learning techniques to solve business problems.
• Collaborate with product management and lines of business to understand company needs and devise solutions.
• Stay current with the latest technology trends.
• Communicate results and ideas to key decision-makers.
• Implement new statistical or mathematical methodologies as needed for models or analysis.
• Collect data from various sources, including web APIs and internal SQL databases.
• Optimize joint development efforts through appropriate database use and solution design.
• Document the development and design of solutions.
• Work on relatively simple projects with minimal supervision.
• Create meaningful data visualizations that communicate findings and demonstrate business impact.

Requirements

• Typically has 2+ years of related experience and a bachelor’s degree; a Master’s or Ph.D. is preferred. Relevant advanced degrees can count toward work experience.
• Good understanding of relevant insurance analytics and metrics, incorporating this knowledge into work products.
• Limited insurance business knowledge is expected at entry level; a training plan to build this knowledge over time is recommended.
• Ability to communicate through storytelling and collaborate with business partners.
• Demonstrates CARE values in daily work.
• Familiarity with basic math, statistics, and modeling concepts.
• Experience building simple models through school projects or prior work.
• Able to clearly explain past technical projects.

Benefits

• Medical, dental, vision, life, and disability insurance.
• 401K with company match.
• Tuition reimbursement.
• Paid time off (PTO) and company-paid holidays.
• Flexible work arrangements.
• Cultural Awareness Day in support of IDE (Inclusion, Diversity, and Equity).
• On-site medical/wellness center (Worcester only).

Pay

The target hiring range for this role may vary based on geographic location, merit, performance, skills, education, travel requirements, and experience. Additional compensation may include an annual bonus, long-term incentives, or spot recognition awards.