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Plymouth Rock Assurance
·
May 15, 2025
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Woodbridge, NJ
Internship
Onsite
Intern
The Plymouth Rock Company is a reputable insurance provider managing over $2 billion in personal and commercial insurance. They are seeking a Data Science/Predictive Modeler Intern to conduct the full cycle of developing advanced analytical models to support various business areas, contributing to operational enhancements and profitability.
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Responsibilities

  • Performs data mining and data cleansing tasks.
  • Prepare datasets for modeling through balancing and validation.
  • Produces predictive models which enable the creation of rating plans and evaluation of risk.
  • Assists decision makers with studies that evaluate new business models to evaluate customers’ profitability including customers and/or risk segmentation, retention and lifetime value modeling.
  • Hands-on modeling experience and deep understanding of both conventional quantitative analytics such as GLM, GLMM, Bayesian statistics, Actuarial methods and tree-based machine learning techniques like GBM, Random Forest, NLP, Topics Model and Deep Learnings
  • Communicates to diverse audiences, including technical and non-technical.
  • Manages projects of moderate complexity.
  • Supports modeling requests made by other departments.
  • Works closely with others to gain strong understanding of insurance concepts and processes.
  • Perform other job-related duties as assigned.

Qualification

Required

  • Broad thinker with the ability to synthesize information from various sources and apply that information to concrete business problems.
  • Strong decision-making skills.
  • Solid skills and training in predictive modeling, data mining and other quantitative and research analytics (Multivariate Analysis, Bayesian Methods, Generalized Linear Models, Non-Linear Models, Decision Trees, Non-Parametric estimation, Machine learning techniques etc.).
  • Strong programming ability in Python, SAS, SQL, R or other programming languages.
  • Proficiency in scripting languages and ability to build code and algorithms to tackle statistical problems.
  • Excellent written and oral communication and presentation skills.
  • Self-starter, critical thinking and strong individual contributor.
  • Solid understanding of database principles and experience working with large databases.
  • Masters in economics, statistics, or related field required.

Preferred

  • Experience developing and implementing multivariate predictive models using GLM and other statistical methods
  • Knowledge of auto insurance
  • PhD in economics, statistics, or related field

Benefits

If you’ve found your way to our LinkedIn page, you’re likely here for one of two reasons: You’re reviewing insurance companies or you’re browsing new career opportunities.
Glassdoor
3.4
Founded in 2001
Boston, Massachusetts, USA
1001-5000 employees
https://www.plymouthrock.com