Data Scientist Summer 2020 Internship
The Plymouth Rock Company is the holding company for a group of insurance companies and is headquartered in Boston. It employs 1,500 people, writes, and services over $1.1 billion in personal lines premium in New England and New Jersey. Plymouth Rock was founded in 1982 on the premise that combining extraordinary underwriting rigor, unparalleled customer service, and teamwork by passionate, driven professionals will lead to high levels of sustainable success. The core values that were the foundation of our company continue to serve us well. We offer a stimulating and highly collegial work environment
This position will be critical in advancing our mission to drive profit-focused technical excellence and innovation within the Plymouth Rock Group of Companies. The position will be responsible for research and development of new analytical techniques around insurance pure premiums, customer lifetime value, customer-buying behaviors and other related topics utilizing internal and external data. This work will be used in setting pricing, underwriting and product strategies for the Plymouth Rock group of Companies. The analysis and modeling will be tested via implementation both broadly and on a pilot basis to allow us to learn and refine our approaches in rapid succession.
Essential Functions and Responsibilities
The Data Scientist Intern will work with internal and external data to understand key drivers of expected insurance losses and lifetime customer value. This will require that the Intern acquires an understanding of various internal and external data sources, is able to illicit hypothesis from internal personnel regarding key variables and test those hypotheses using available data.
The Data Scientist Intern will help develop and enhance models used in a variety of contexts within the product management structure of Plymouth Rock. The Data Scientist Intern will be responsible for advancing the modeling capabilities within Plymouth Rock and transferring those advancements to other product management personnel.
The Data Scientist Intern will work with the product community to facilitate the application of models developed considering the regulatory and competitive contexts within which we operate. This will include ensuring that models are well understood, the implications are appropriately assessed, implementation plans are defined, validation of results are undertaken and adjustments are made rapidly.
Qualifications and Education
The successful candidate will have the following attributes:
About the Company
The Plymouth Rock Company and its affiliated group of companies write and manage over $1.4 billion in personal and commercial auto and homeowner’s insurance throughout the Northeast and mid-Atlantic, where we have built an unparalleled reputation for service. We continuously invest in technology, our employees thrive in our empowering environment, and our customers are among the most loyal in the industry. The Plymouth Rock group of companies employs more than 1,800 people and is headquartered in Boston, Massachusetts. Plymouth Rock Assurance Corporation holds an A.M. Best rating of “A-/Excellent”.