Data Scientist MMH260506-9

Department Icon Data Science Analytics & Machine Learning
Posted: 4 months ago
8-10 years
Navi Mumbai, Maharashtra
Data Science Analytics & Machine Learning
work from office
Full Time

Posted: 4 months ago
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Job Description

  • Role Purpose
  • Accountable for designing and implementing data-driven solutions that contribute to
  • business value by leveraging statistical models, machine learning algorithms, data mining,
  • and advanced visualization techniques

Requirements

  • 8+ years data analysis experience within an insurance environment
  • Extensive experience with at least one programming language (e.g.

Python), business analytics software (e.g. SAS) statistical package

(e.g. R)

  • Experience in database language (e.g. SQL)
  • Deep theoretical understanding of statistical methods and machine

learning techniques

  • Understanding of Artificial Intelligence solutions and techniques
  • Ability to apply statistical methods and machine learning

techniques to solve business problems

  • Formulating business problems to enable statistical modelling
  • Selecting the right statistical tools and techniques for the job
  • Experience translating statistical findings into business

recommendations

Duties and Responsibilities

Key Accountabilities/Kras/Kpis

  • Identify and develop Predictive and Prescriptive Models to enable

better decision making of business.

  • Identify, understand and interpret data structures across various

databases within the business to facilitate data analysis and continuous

monitoring activities.

  • Delve into insights in data and processes to help improve the business.
  • Contribute to the development of differentiated; superior solutions

that meet stakeholder and business requirements through analysis;

business requirements gathering and designs validation.

  • Ensure product and/or solution design is congruent with the required

business specifications through meeting stakeholder requirements

timeously.

  • Enable the realization of the financial business benefits accruing

including minimization of operational costs by ensuring that solutions

are implemented effectively.

  • Model and frame business scenarios that are meaningful and which

impact on critical business processes and/or decisions.

  • Participate and/or lead discovery processes with business stakeholders

to identify problems and opportunities that may be addressed with

statistical modelling or machine learning.

  • Collaborate with business to define approach to resolution of key

business problems or development of new business strategies.

  • Contribute to the business by highlighting possible opportunities for

process improvement and business value creation.

  • Identify and develop the hypothesis testing framework and modelling

approach to address the business requirements.

  • Identify available and relevant data, potentially leveraging new data

collection processes such as social media.

  • Make strategic recommendations on data collection and experimental

design incorporating business requirements and knowledge of best

practices.

  • Prepare the data for analysis and modelling, which includes data

cleaning, standardization, transformation, dimension reduction and

feature engineering.

  • Identify and train suitable models/algorithms to discover patterns and

make predictions.

  • Extend existing code and develop custom code to implement statistical

models, machine learning algorithms and data mining techniques for

large datasets in a computationally efficient manner

  • Compare model performance, select the best algorithm for the job

and be able to motivate this choice in a non-technical manner.

  • Interpret results and translate findings into clear and actionable

insights that can be easily validated with the project sponsor.

  • Communicate findings to business with various skill levels and in

    various roles, presenting trends, correlations and patterns found in

  • complicated datasets in a manner that clearly and concisely conveys
  • meaningful insights.
  • Assist business users in the use of the models and interpretation of

model output.

  • Assist with monitoring and reporting on model accuracy after it has

been embedded in operations

  • Provide authoritative, expertise and advice to clients and stakeholders.
  • Build and maintain relationships with clients and internal and external

stakeholders.

  • Contribute to the process of negotiating objective and realistic service

level agreements, monitor appropriateness and recommend

adjustments.

  • Define service practices which build rewarding relationships,

encourage innovation and allow others to provide exceptional client

service.

  • Deliver on service level agreements made with clients and internal and

external stakeholders to ensure that client expectations are met.

  • Make recommendations to improve client service and fair treatment

of clients within area of responsibility.

  • Participating in and contributing to a culture which builds rewarding

    relationships, facilitates feedback and provides exceptional client

  • service.
  • As an applicant, please verify the legitimacy of this job advert on our company career page.
  • 346021306

Skills

Artificial IntelligenceData MiningBusiness AnalyticsPythonData AnalysisMachine LearningProcess ImprovementVisualizationAnalyticsSqlData Scientist

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About Company

Momentum Services Corp. is a dynamic company that provides tailored solutions to meet your business needs. We leverage cutting-edge technology and industry expertise to deliver exceptional results, ensuring your success. With a focus on innovation and customer satisfaction, we go above and beyond to exceed expectations. Our team of skilled professionals is dedicated to understanding your unique requirements and providing customized strategies that drive growth and efficiency. Whether you need assistance with streamlining operations, improving customer engagement, or optimizing your digital presence, we have the expertise and resources to help you achieve your goals. Partner with Momentum Services Corp. and experience the difference of working with a trusted and reliable service provider.
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