Data Scientist (Hybrid) - #240412-1947Ar-001

Introduction

The Connecticut Insurance Department (CID) is now accepting applications for a Data Scientist for the Actuarial Division in Hartford, CT.

WHAT WE CAN OFFER YOU:

• Competitive salary.

• Industry leading health benefits, including medical and dental coverage.

• Extensive pension plan and supplemental retirement offerings.

• Paid time off including 13 paid holidays per calendar year.

• Learn more about what sets us apart as an employer with our Employer Value Proposition.

• A culture that encourages work/life balance.

• Professional growth and development opportunities.

• Ample free parking with easy access from major highways or by public transportation.

• Tuition reimbursement.

• Work for a Forbes top company: State of Connecticut Ranked One of the Best Employers of 2023 - State of CT receives National Recognition for offering Job Growth, Competitive Benefits and Flexible Schedule.

• State of Connecticut is an eligible Public Service Loan Forgiveness employer, meaning you may be eligible to have qualifying student loans forgiven after 10 years of service. Click here for more information.

POSITION HIGHLIGHTS

• Full Time, 40 hours per week

• Monday through Friday

• First shift, 8:00 am to 4:30 pm

• Hybrid role (combination of in-office/telework)

• We are located at 153 Market Street in Downtown Hartford, easily accessible for all commuters.

THE ROLE

The Data Scientist is accountable for directing and conducting the most complex and specialized research investigations/evaluations, statistical analysis, and/or data-driven studies/projects.

In this role, you will be responsible for:

• Data Science Program

• Continue developing the processes to use the databases/reports at CID to monitor the financial solvency of the insurance companies and the marketing conducts in availability and affordability, complaints, etc.

• Climate Risk Reporting

• Develop the program to monitor the climate risk related activities.

• Cyber Risk

• Develop a monitoring measurement as an early indicators to prevent financial failure of the cyber risk insurance markets in CT.

• AI, ML and Predictive Modeling projects

• Assist in developing the program to validate the data usage, modeling risks, etc.

HEAR FROM OUR STAFF

"The CT DOI is an exceptional working place with a high professional staff expertise in everything insurance. I joined this team because I believe in the positive role of insurance and fiscal responsibility for individuals, families, businesses and government. With the regulators, the Data Scientist brings the most promising advancement in the world of technology and industry in service of consumer protection and sound business practices. I could be instrumental in digital transformation, predictive modeling and multiple projects of significant impact to the department and the public, while interacting with the most exceptional and dedicated staff of the states through the National Association of Insurance Commissioners (NAIC)." Hicham Bourjaili, Data Scientist

WHO WE ARE

Our mission at the State of Connecticut, Connecticut Insurance Department (CID) is consumer protection. The department carries out its mission by enforcing state insurance laws to ensure policyholders are treated fairly, by providing assistance, outreach, and education to help consumers make sound choices, and by regulating the industry in a fair and consistent manner that fosters market competition for the availability of insurance.

Selection Plan

For current state employees, salary calculations are not necessarily comparable from one of the three branches of state government (i.e. Executive, Legislative, Judicial) to the other.

To Apply:

• In order to be considered for this job opening, you must meet the Minimum Qualifications as listed on this job opening. You must specify your qualifications on your application.

• The minimum experience and training requirements must be met by the close date on the job opening, unless otherwise specified.

• Ensure that your application is complete and detailed before submitting it. In order to comply with Public Act 21-69, the State of Connecticut is no longer asking for resumes during the initial application process. You will not be able to make revisions once your application is submitted into the JobAps system.

• Please select all location(s) and shift(s) you are willing to work on your application. Failure to do so may result in not being considered for vacancies in that specific location or shift.

• In order to receive educational credits toward qualification for this job posting, the institution must be accredited. If the institution of higher learning is located outside of the U.S., you are responsible for providing documentation from a recognized USA accrediting service which specializes in determining foreign education equivalencies to the recruiter listed on this job posting.

• All application materials must be received by the recruiting agency by the time specified on the job opening for the position for which you are applying. Late applications may not be submitted and will not be considered. Exceptions are rare and limited to documented events that incapacitate a candidate during the entire duration of the job posting time period. It is the candidate's obligation and responsibility to request an exception and provide a legally recognized justification to accommodate such exception. Requests should be made to DAS.SHRM@ct.gov.

FOR ASSISTANCE IN APPLYING:

• Please read or watch our Applicant Tips on How to Apply!

Important Information After You Apply:

• This posting may require completion of additional referral questions (RQs). You can access these RQs via an email that will be sent to you after the posting's closing date or by visiting your JobAps Personal Status Board (Certification Questionnaires section). Your responses to these RQs must be submitted by the questionnaire's expiration date. Please regularly check your email and JobAps Personal Status Board for notifications. Please check your SPAM and/or Junk folders on a daily basis in the event an email provider places auto-notification emails in a user's spam.

• Although applicants will receive correspondence via email, as a backup they are also encouraged to sign on to their Personal Status Board on a daily basis to monitor their status, view all emailed notices and complete tasks required in the recruitment process.

• Note: At any point during the recruitment process, applicants may be required to submit additional documentation which support their qualification(s) for this position. These documents may include: a cover letter, resume, performance reviews, attendance records, supervisory references, licensure, etc., at the discretion of the hiring agency.

• Interviews will be limited to candidates whose experience and training most closely meet the requirements of the position.

• The immediate vacancy is listed above, however, applications to this recruitment may be used for future vacancies in this job class.

• Read through this helpful link to prepare for your interview.

Connect With Us:

• Due to the large volume of applications received, we are unable to provide confirmation of receipt or status during the recruitment process. Updates will be available through your JobAps portal account. Should you have any questions pertaining to this recruitment, please contact Jasmyn.Raymond@ct.gov.

• Follow the State of Connecticut on LinkedIn.

PURPOSE OF JOB CLASS (NATURE OF WORK)

In a state agency this class is accountable for directing and conducting the most complex and specialized research investigations/evaluations, statistical analysis and/or data driven studies/projects.

EXAMPLES OF DUTIES

Applies statistical and research principles and techniques to a wide variety of issues and projects; develops research designs and statistically sound protocols and works with staff to carry out specific research studies; develops statistical and computerized models for analyzing data and interprets results to support business and client needs and facilitate informed recommendations and decisions; performs complex statistical analyses such as predictive modeling, forecasting, multiple regression, trend analysis, log linear analysis, factor analysis, and multi-variate analysis; uses parametric and non-parametric statistics; selects, designs, organizes and works out statistical techniques and research designs most suitable for the project/study at hand; evaluates the strengths and weaknesses of various statistical techniques and research designs, selecting those which achieve the most valid results; conducts in-depth literature searches and writes scientific papers; instructs staff in research and statistical techniques, methods, and use of statistical analysis software; oversees the production of research proposals, development and maintenance of databases, and interpretation, and writing of research and statistical reports for various intra and extra departmental audiences; may assist in the planning, design, selection, and evaluation of technologies related to data retrieval and analysis; performs related duties as required.

KNOWLEDGE, SKILL AND ABILITY

Considerable knowledge of methods of research design, statistical analysis and database management; considerable knowledge of management systems research and development related to social and economic trends; considerable knowledge of relevant State and Federal statutes, regulations and guidelines; knowledge of data processing computer programming for statistical analysis; knowledge of data retrieval and analysis methods; considerable written and oral communication skills; considerable interpersonal skills; ability to conduct longitudinal investigations/research, including interviewing and performing trend analyses and outcome effectiveness studies; ability to analyze and evaluate data using multiple regression, log linear analyses, factor analyses and multi-variate analyses; ability to use statistical packages and/or various data modeling platforms; ability to design and conduct studies and determine effective solutions; ability to write technical reports; some supervisory ability.

MINIMUM QUALIFICATIONS - GENERAL EXPERIENCE

A Master's degree in biostatistics, epidemiology, public health, psychology, statistics or a closely related area with significant coursework in research methodology and statistics and one (1) year of professional experience with significant involvement in research and statistical analysis.

PREFERRED QUALIFICATIONS

• Experience presenting regulatory positions and determinations to insurance company representatives.

• Experience applying statistical research and techniques to projects.

• Experience with machine learning techniques: clustering, regression, classification, graphical models, and mixture models.

• Insurance membership with FCAS (Fellow of Casualty Actuarial Society) or ACAS (Associate Casualty Actuarial Society).

• Master's degree in Mathematics, Actuarial Science, Risk Management or Finance.

• Ph.D. in Statistics, Mathematics, or Data science.

Conclusion

AN AFFIRMATIVE ACTION/EQUAL OPPORTUNITY EMPLOYER

The State of Connecticut is an equal opportunity/affirmative action employer and strongly encourages the applications of women, minorities, and persons with disabilities.