Data Scientist, Model Validation

Posted 6 days ago

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About the role

  • Data Scientist validating quantitative P&C insurance models for Desjardins Group. Applying statistics, machine learning, and regulatory expertise to model risk.

Responsibilities

  • Ensure modelling processes appropriately use available data based on characterization, quality, and processing
  • Validate predictive modelling against required standards and Desjardins Group quality criteria
  • Analyze business needs and confirm model suitability through validation
  • Ensure programming for data preparation, mining, model development, evaluation, support, rollout, and management meets standards
  • Use advanced statistical, machine learning, and artificial intelligence methods to test methodologies
  • Help draft guidelines and methods and shape methodological and technological choices
  • Advise and train teams on quantitative model validation methods
  • Identify opportunities to optimize rules and systems and develop data management and modelling support tools
  • Represent teams with internal stakeholders
  • Monitor industry trends and update model validation practices
  • Ensure alignment with regulatory expectations for P&C insurance

Requirements

  • Bachelor’s degree in a related field (actuarial science, statistics, applied mathematics, engineering, data science, computer science)
  • Minimum of six years of relevant experience, including a minimum of three years in analytics or modelling
  • Experience in P&C insurance (pricing, reserving, claims, capital/catastrophes, analytical marketing)
  • Other combinations of qualifications and relevant experience may be considered
  • Knowledge of French is required
  • Intermediate knowledge of English
  • Knowledge of mathematical modelling and statistics
  • Proficiency in Python, R, SQL, and SAS
  • Proficiency with risk management models in at least one specified P&C insurance area
  • Knowledge of property and casualty insurance
  • Knowledge of Canadian regulatory frameworks, including model risk management expectations, IFRS 17, MCT, and AMF/OSFI guidelines

Benefits

  • Competitive salary and annual bonus
  • 4 weeks of flexible vacation starting in the first year
  • Defined benefit pension plan
  • Group insurance including telemedicine
  • Reimbursement of health and wellness expenses
  • Reimbursement of telework equipment

Job type

Full Time

Experience level

Mid levelSenior

Salary

Not specified

Degree requirement

Bachelor's Degree

Tech skills

PythonSQL

Location requirements

HybridMontrealCanada

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