New York Life Insurance Co Data Scientist - Finance, Actuarial and Product Analytics in New York, New York

A career at New York Life offers many opportunities. To be part of a growing and successful business. To reach your full potential, whatever your specialty. Above all, to make a difference in the world by helping people achieve financial security. Its a career journey you can be proud of, and youll find plenty of support along the way. Our development programs range from skill-building to management training, and we value our diverse and inclusive workplace where all voices can be heard. Recognized as one of Fortunes Worlds Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and service, supported by our Foundation. It all adds up to a rewarding career at a company where doing right by our customers is part of who we are, as a mutual company without outside shareholders. We invite you to bring your talents to New York Life, so we can continue to help families and businesses Be Good At Life. To learn more, please visit LinkedIn, our Newsroom and the Careers page of www.NewYorkLife.com.

New York Life Insurance Company (New York Life or the company) is the largest mutual life insurance company in the United States*. Founded in 1845, New York Life is headquartered in New York City, maintains offices in all fifty states, and owns Seguros Monterrey New York Life in Mexico.

New York Life is one of the most financially strong and highly capitalized insurers in the business. The company reported 2016 operating earnings of $1.954 billion. Total assets under management at year end 2016, with affiliates, totaled $538 billion. As of year-end 2016, New York Lifes surplus was $23.336 billion**. New York Life holds the highest possible financial strength ratings currently awarded to any life insurer from all four of the major ratings agencies: A.M. Best, A++; Fitch AAA; Moodys Aaa; Standard & Poors AA+. (Source: Individual Third Party Ratings Report as of 8/17/16).

Financial strength, integrity and humanitythe values upon which New York Life was foundedhave guided the companys decisions and actions for over 170 years.

TheCENTER FOR DATA SCIENCE AND ANALYTICSis the innovative corporate Analytics group within New York Life. We are a rapidly growing entrepreneurial department which aims to design, create and offer innovative data-driven solutions for many parts of the enterprise. We are aided by New York Lifes existing business with a large market share in individual life insurance. We have the freedom to explore external data sources and new statistical techniques, and are excited about delivering a whole new generation of Analytical solutions.

In fact, we are designing and will build one of the first multivariate model-based continuous risk differentiations in the industry. This model will incorporate current underwriting best practices (including medical rules) as features and add other data sources, patterns/ideas and variables to essentially create a rating plan to support the next generation underwriting process at New York Life. We are designing and building multivariate models to facilitate the setting of of Actuarial assumptions (Mortality and Lapse). These are just a couple out of several projects with large business value. Product & Sales Analytics to understand the impact of product pricing and restructuring on sales, Financial Analytics to understand the uncertainty around key financial indicators, Geographic analytics on agents and customers, application fraud detection, agent success prediction and client prospecting analytics (off-line and on-line) are other exciting examples of enormous incremental value from analytics. Our products will be implemented into real-time core business processes and decisions that drive the company (e.g. actuarial, finance, underwriting, pricing, product development, agent recruiting, prospecting).

We work with data ranging from demographics, credit and geo data to detailed ...