What are the responsibilities and job description for the Data Scientist position at State of Connecticut - Department of Insurance?
Introduction
Are you an actuarial candidate interested in the Data Science field, �or are you looking for a career in Data Science? If so, we encourage you to read the posting below and apply today! The�Connecticut Insurance Department (CID)�is now accepting applications for a�Data Scientist�for the Property & Casualty unit in the Actuarial Division in Hartford, CT.� WE CAN OFFER YOU: Visit our�new�State Employee Benefits Overview�page! The opportunity to work for a Forbes top company: 'Forbes'�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. Professional growth and development opportunities. A healthy�work/life balance�to all employees. 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. Our ideal candidate has proven experience in data scientist, statistics or related field with familiarity with the ten actuarial exams administered by the Casualty Actuarial Society.� 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. Watch the video below to see what it's like to be a State of CT employee! \t\t\t\t\t\t
Selection Plan
PLEASE LIST ANY OTHER JOB-RELEVANT LICENSES OR CERTIFICATIONS IN THE “LICENSES AND PROFESSIONAL CERTIFICATIONS” SECTION.� Check out our�Applicant Tips on How to Apply!�Need more resources? Visit our�Applicant Reference Library�for additional support throughout the recruitment process.� ��� BEFORE YOU APPLY:� Meet Minimum Qualifications:�Ensure you meet the Minimum Qualifications listed on the job opening by the job closing date. You must specify your qualifications on your application. The minimum experience and training requirements listed must be met by the close date on the job opening, unless otherwise specified. � Educational Credits:�List your earned credits and degrees from accredited institutions accurately on your application. To receive educational credits towards qualification, 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 contact listed below. Resume Policy:�Per�Public Act 21-69, resumes are not accepted during the initial application process. As the recruitment process progresses, candidates may be required to submit additional documentation to support their qualification(s) for this position. This documentation may include: a cover letter, resume, transcripts, diplomas, performance reviews, attendance records, supervisory references, licensure, etc., at the request and discretion of the hiring agency.� Preferred Shift/Location:�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.� Timely Submission:�All application materials must be received by the job posting deadline. You will be unable to make revisions once you officially submit your application to the State. �Late submissions are rarely accepted, with exceptions only for documented events that incapacitate individuals during the entire duration of the job posting. Request exceptions by emailing�DAS.SHRM@ct.gov.� Salary Calculations: 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. Note:�The only way to apply to this posting is via the ‘Apply’ or ‘Apply Online’ buttons on the official State of Connecticut Online Employment Center job posting. AFTER YOU APPLY:� Referral Questions:�This posting may require completion of additional Referral Questions (RQs), which must be completed by the questionnaire’s expiration date. If requested, RQs can be accessed via an email sent to you after the job close date or by visiting your JobAps Personal Status Board (Certification Questionnaires section).��� Prepare For An Interview:�Interviews are limited to those whose experience and training are most aligned with the role. To prepare, review this helpful�Interview Preparation Guide�to make the best impression!� Stay connected! Log in daily to your JobAps Personal Status Board to track your status and check email (including spam/junk folders) for updates and tasks.�� The immediate vacancy is listed above, however, applications to this recruitment may be used for future vacancies in this job class.�� Note: This position will be filled in accordance with contractual language, reemployment, SEBAC, transfer, promotion and merit employment rules. Candidates who are offered and accept a position with the State of Connecticut are bound by the State Code of Ethics for Public Officials and State employees, available at�www.ct.gov/ethics. QUESTIONS? WE’RE HERE TO HELP:� Due to high volume, we are unable to confirm receipt or provide status updates directly. For recruitment updates, please check your Personal Status Board and review our Frequently Asked Questions. If you have additional questions about the recruitment process, reach out to Jasmyn Raymond at�Jasmyn.Raymond@ct.gov.� Join the State of Connecticut and take your next career step with confidence!
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;� management systems research and development related to social and economic trends;� relevant state and federal statutes, regulations and guidelines;� Knowledge of data processing computer programming for statistical analysis;� data retrieval and analysis methods;� Considerable interpersonal skills;� oral and written communication skills;� Ability to conduct longitudinal investigations/research, including interviewing and performing trend analyses and outcome effectiveness studies;� analyze and evaluate data using multiple regression, log linear analyses, factor analyses and multi-variate analyses;� use statistical packages and/or various data modeling platforms;� design and conduct studies and determine effective solutions;� write technical reports;� 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). 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.
ACKNOWLEDGEMENT
As defined by Sec. 5-196 of the Connecticut General Statutes, a job class is a position or group of positions that share general characteristics and are categorized under a single title for administrative purposes. As such, a job class is not meant to be all-inclusive of every task and/or responsibility.
Salary : $104,564 - $135,644