CURRENT ROOT EMPLOYEES - Please apply using the career page in Workday. This career site is for external applicants only.
The Opportunity
We believe that a disruptive insurance company must have a principled quantitative framework at its foundation. At Root, we are committed to the rigorous development and effective deployment of modern statistical machine learning methods to problems in the insurance industry.
As a Data Scientist (DS) II within Root’s pricing data science team, you will be instrumental in refining our pricing models while ensuring compliance with nuanced regulatory requirements. This role offers the opportunity to collaborate closely with teams across Product, Actuarial, and State Product Management, addressing regulatory feedback from departments of insurance and fine-tuning our models to meet market-specific needs. Your work will involve fitting and adjusting models, while ensuring our filings are data-driven, defensible, and optimized for performance.
You'll apply your technical expertise in R (e.g., tidyverse, data.table) and SQL to analyze, manipulate, and model data effectively. Experience with H2O and advanced modeling techniques is also highly valued. If you’re eager to use your data science skills in a dynamic, high-impact area, we invite you to join our team and help shape the future of pricing in the insurance industry.
Root is a “work where it works best” company, meaning we will support you working in whatever location that works best for you across the US. We will continue to have our headquarters in Columbus to give more flexibility and more choice about how we live and work.
Salary Range: $116,664 - $145,830 (Bonus and LTI Eligible)
How You Will Make an Impact
- Support the refinement of pricing models to ensure compliance with regulatory requirements, responding to objections and inquiries from departments of insurance.
- Contribute to the continuous improvement of our pricing models, driving both regulatory compliance and performance optimization.
- Collaborate with Product, Actuarial, and State Product Management teams to ensure alignment across departments.
- Apply your technical skills in R, SQL, and H2O to analyze and optimize pricing models.
- Contribute to large-scale data science modeling projects, employing best practices in coding, version control, and project execution.
What You Will Need to Succeed
- Advanced degree in a quantitative discipline (Master’s or PhD preferred) and 2+ years of experience applying advanced quantitative techniques, ideally in the insurance or financial services industry.
- Strong proficiency in R (e.g., tidyverse, data.table) and SQL, with the ability to independently query, manipulate, and model data.
- Familiarity with pricing models and understanding of insurance regulatory environments is a strong plus.
- Experience with H2O and other advanced modeling techniques is a plus.
- Technical proficiency in version control systems such as Git, with experience contributing to data science projects.
- Experience with cloud utilities such as AWS (e.g., EC2, S3) is a plus for scalable data processing and storage.
- Strong business intelligence and data visualization skills, with the ability to communicate insights to both technical and non-technical stakeholders.
- An ownership mentality, with the ability to take initiative and drive work forward in a collaborative team environment.
- Strong communication skills, enabling you to explain complex technical concepts clearly to cross-functional stakeholders.
Don’t meet every single requirement?
Studies have shown that women and people of color are less likely to apply to jobs unless they meet every single qualification. At Root, Inc., we are dedicated to building a diverse and inclusive workplace, so if you’re excited about this role but your past experience doesn’t align perfectly with every qualification in the job description, we encourage you to apply anyway!
Join us
At Root, we judge people based on the merit of their work, not who they are. If you are passionate about what this role entails and solving real problems, we encourage you to apply. We want to learn about you and what you can add to our team.
Who we are
We’re harnessing the power of technology to revolutionize insurance. Using machine learning and mobile telematic platforms, we’ve built one of the most innovative FinTech companies in the world. And we’re just getting started.
What draws people to Root
Our success is in large part due to our unwavering standards in hiring. We recognize that our products are only as good as the people building and promoting them. We want individuals who find solutions by going through the cycle of ideation to implementation with curiosity, rigor, and an analytical lens. Ask anyone who works here and you’ll hear similar reasons for why they joined:
Autonomy—for assertive self-starters, the opportunities to contribute are limitless.
Impact—by challenging the way it’s always been done, we solve problems that have a big impact on our business.
Collaboration—we encourage rich discussion and civil debate at every turn.
People—we are inspired by the collection of crazy-smart people around us.
Top Skills
What We Do
At Root, we’re doing things differently. We’re reimagining the services people need so that they serve them better. And we’re doing it by using data, technology, and rapid innovation to create products and experiences that are fair, easy, personal, and affordable.
We’ve partnered with Carvana in a partnership that brings an industry-leading, seamless insurance process to the online car buying experience.
The launch of Carvana Insurance Built with Root delivers an elevated customer experience made possible through a deep integration that pre-fills key customer information so that a customer can skip data entry and jump directly to evaluating quotes and customizing coverage. This fully embedded product experience—from quote to payment—happens entirely within the Carvana checkout process. Teams from both Carvana and Root have worked for months to build this bold technology platform. An early iteration involved 24 screens in the customer experience flow—that experience is now just three straightforward steps.
Why Work With Us
Our success is because of the hard work, ingenuity, and exceptional performance of our team. People come to Root because they know they can make an impact in their role, the company, and the industry. We’re passionate and curious self-starters, building a top-notch customer experience. Sound like something you’d like to be a part of?
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