PURE Insurance
Director, Predictive Modeling
4 days agoWhat's your preference?
Job Description
- Req#: R2301
- Lead a team of analysts in the development and implementation of predictive models and statistical analyses for homeowners, auto, and umbrella lines of business.
- Take full ownership of modeling projects, from conceptualization and data collection to implementation and ongoing evaluation.
- Provide leadership, mentorship, and professional development for team members, fostering a culture of continuous learning and collaboration.
- Develop and refine the pricing strategy for high net worth personal insurance products, ensuring that models and decisions align with the company’s business goals and risk appetite.
- Collaborate with cross-functional teams, including underwriting, actuarial, product development, and IT, to ensure the successful execution of projects and modeling strategies.
- Present findings, insights, and strategic recommendations to senior leadership and other key stakeholders in a clear, actionable format.
- Drive process improvements and innovations within the analytics department to enhance model efficiency, data quality, and the overall decision-making process.
- Ensure that all models and analyses comply with regulatory requirements and industry standards.
- Manage and prioritize multiple projects, ensuring that deadlines are met and resources are appropriately allocated.
- Stay informed on industry trends, new analytical techniques, and regulatory changes to maintain competitive advantage and ensure best practices are followed.
- Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Economics, or a related field (Master’s degree preferred).
- Significant experience in the insurance industry, specifically in personal lines (homeowners, auto, umbrella) with a focus on statistical modeling and data analysis.
- Proven experience in a leadership or management role, with the ability to manage, mentor, and motivate a team of analysts.
- Expertise in statistical modeling techniques such as GLMs, regression analysis, and other predictive modeling methods.
- Strong project management skills with a track record of owning and delivering complex, high-priority projects on time and within scope.
- Progress toward or attainment of actuarial credentials (ACAS/FCAS) is preferred.
- Proficiency in programming languages such as Python and experience with large datasets and analytics tools.
- Excellent communication and presentation skills, with the ability to interact with senior management and translate technical findings into business strategies.
- Strong problem-solving abilities and a strategic mindset, with the capacity to balance technical rigor with business considerations.
- Competitive salary and benefits package.
- Leadership and professional growth opportunities, with support for continuing education and advancement.
- A dynamic, innovative, and collaborative work environment.
About Us:
We are a premier insurance company specializing in high net worth personal insurance, providing tailored solutions in homeowners, auto, and umbrella coverage. Our commitment to excellence and service ensures that we deliver unparalleled protection to our high-end clients. We are seeking a Director of Predictive Modeling to lead and manage our modeling efforts, provide strategic insights, and own key projects for our high net worth personal insurance lines.
At PURE Insurance, we don’t just provide insurance—we offer peace of mind to high-net-worth clients who expect the best. But to us, they’re more than clients—they’re our members, and everything we do is in service of them. Their experience is our top priority, and we are obsessed with delivering the highest level of protection, service, and care.
We understand that serving this market comes with unique challenges, but that’s exactly what drives us. We thrive on getting the details right, making the right decisions even when they’re tough, and prioritizing long-term value over short-term gain.
Our culture is at the heart of everything we do. We foster a mindset of continuous improvement—not just in our work, but in our people. We believe in investing in our team, helping each other grow, and sharpening our skills to stay ahead in an ever-evolving industry. Every team member plays a role in shaping our environment, and collaboration is in our DNA. Here, you’ll have the opportunity to work alongside talented individuals across multiple teams, engage directly with upper management, and contribute meaningfully to our continued success.
If you're looking for more than just a job—if you want to be part of a team that values excellence, integrity, and an unwavering commitment to its members—then we’d love to meet you.
Position Overview:
The Director, Predictive Modeling will oversee and manage a small team of analysts and/or work independently while taking ownership of key modeling projects within our homeowners, auto, and umbrella lines of business. This role will require a blend of technical expertise, leadership, and strategic insight to drive initiatives that enhance our pricing, risk assessment, and product development. The ideal candidate will have experience in the insurance industry, a proven track record in statistical modeling, and the ability to manage both projects and people effectively.
Key Responsibilities:
Qualifications:
What We Offer:
Location: Full-time remote employment, where you can work anywhere in the USA. If you prefer, you can also work at one of the PURE Insurance offices located throughout the USA, including White Plains (NY), New York (NY), Warren (NJ), Chicago (IL), Boston (MA), Charleston (SC), Atlanta (GA), Fort Lauderdale (FL), Scottsdale (AZ), San Francisco (CA), and San Diego (CA).
The base salary for this role can range from $145K - $170K, based on a full-time work schedule. An individual’s ultimate compensation will vary depending on job-related skills and experience, geographic location, alignment with market data, and equity among other team members with comparable experience.
About the company
PURE is a member-owned insurer for responsible high net worth families, offering exceptional coverage, service and savings for homeowners, automobile and more.