Novella
Insurance Data Scientist
New York, NY
Sponsorship not specifiedDetected 26 days ago
Data ScienceAgentic AIActuarial ScienceUnderwriting
About the role
- We need someone who has done this before and can hit the ground running.
- You understand the nuances of insurance data - how messy it is, what signals matter, and how to turn loss and submission data into models that actually work in production.
- The ideal candidate has built pricing or underwriting models at an insurance company, MGA, or insurtech.
Responsibilities
- We're seeking a Senior Insurance Data Scientist to build the pricing and underwriting models that will power Novella's next generation of E&S products.
- You'll work with historical bind and loss data to build models that help us price risk accurately, identify profitable segments, and give our underwriting team a data-driven edge.
- You're comfortable working with imperfect data, iterating quickly, and deploying models that drive real underwriting decisions.
- The Day to Day Build and refine pricing models using historical bind, quote, and loss data across commercial property and general liability lines.
- Develop underwriting scoring models that help our team assess risk quality and identify profitable opportunities.
- Use historical quote data to build a model that predicts pricing for the carrier we transact with.
- Partner with our Head of Programs teams to translate model outputs into actionable underwriting guidelines for Novella Programs.
Requirements
- Hands-on experience with insurance loss data, loss development, exposure analysis, and rate adequacy.
Nice to have
- Understanding of E&S or specialty P&C is a strong plus.
Compensation
- These high-risk customers are part of a $150 Billion per year market segment called Excess and Surplus (E&S) Insurance.
- Today, all $150B of E&S premium is sold manually by humans working with humans.
- Novella is the first brokerage building AI agents that know how to protect these high-risk assets more accurately and more efficiently.
- The Role We're seeking a Senior Insurance Data Scientist to build the pricing and underwriting models that will power Novella's next generation of E&S products.
- This is a senior, hands-on role.
- We need someone who has done this before and can hit the ground running.
Benefits
- Whether it's sky scrapers on the Miami coast exposed to hurricanes, or rockets going to Mars - Novella's specialty AI agents are trained to help insurance brokers find coverage for their highest-risk customers.
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