Data Scientist - Claims
Posted 1 day 18 hours ago by Avencia
Are you a Data Scientist with experience in the insurance industry and an interest in using advanced analytics to solve real business challenges?
We are working with a leading international insurance business looking to appoint a Data Scientist to help develop and embed a dedicated Claims Analytics capability. This is an opportunity to apply your technical expertise to real-world insurance challenges, using data, statistical analysis and machine learning to improve claims performance, operational efficiency and business decision-making.
Working closely with senior Claims stakeholders and wider Data and Technology teams, you will take ownership of analytical projects from initial investigation through to model development and implementation. This is a hands-on position where you will have the opportunity to shape how data science is used across the claims function.
The Role- Develop and deliver statistical and machine learning models to address key business challenges within Claims.
- Analyse complex datasets, identifying trends, patterns and opportunities to improve claims performance and outcomes.
- Apply data science techniques to areas including claims forecasting, triage, severity, recoveries, claim progression and resource planning.
- Work with structured and unstructured data, including claims records, handler notes, adjuster reports and correspondence.
- Build predictive models and analytical tools that support better decision-making across the claims lifecycle.
- Work closely with Claims, Underwriting, Actuarial, Portfolio Management and Technology teams to translate business requirements into analytical solutions.
- Establish and improve data foundations, bringing together claims, policy, exposure and financial information.
- Present complex analytical findings in a clear and commercially relevant way, ensuring insights are translated into practical business improvements.
- Support the implementation, testing and ongoing development of analytical models, ensuring appropriate data quality, validation and governance.
We are particularly interested in speaking with candidates who have a strong technical background in Data Science and have applied their skills within the insurance sector.
You will ideally bring:
- A background in Data Science, with hands-on experience developing statistical models, predictive analytics or machine learning solutions.
- Previous experience working within the insurance industry, ideally in Claims, Claims Analytics or an insurance-focused data science function.
- Strong programming skills in Python or R, alongside practical SQL experience.
- Experience working with large and complex datasets, identifying patterns and turning data into meaningful insight.
- Knowledge of machine learning techniques and their application to commercial business problems.
- An understanding of insurance data, claims processes and the wider insurance lifecycle.
- Experience working with unstructured data, text analytics or large language models would be beneficial.
- The ability to communicate technical findings to non-technical stakeholders and influence business decisions.
- A commercially minded approach, with the ability to take analytical projects from concept through to implementation.
- Experience within Specialty Insurance or the London Market would be advantageous, although experience across other areas of general insurance will also be considered.
This is an exciting opportunity to join a growing analytics function where you will have the autonomy to influence its direction and make a tangible impact on the wider business.
You will be able to combine technical data science expertise with a genuine understanding of insurance, developing solutions that go beyond reporting and provide meaningful improvements to claims decision-making and operational performance.