Full-Time

Vice President – Data Science Lead

Posted on 11/21/2024

Prudential Financial

Prudential Financial

10,001+ employees

Provides insurance, investment, and retirement solutions

Fintech
Financial Services

Compensation Overview

$242.4k - $328kAnnually

Senior, Expert

Newark, NJ, USA

Hybrid position requiring on-site presence at least 2 days per week.

Category
Data Science
Data & Analytics
Required Skills
Data Science
Requirements
  • Minimum of a Master’s degree in Computer Science, Math or Engineering related subject areas.
  • Ability to lead independently with minimal guidance and effectively leverage diverse ideas, experiences, thoughts, and perspectives to the benefit of the organization.
  • Ability to learn new skills and domain knowledge on an ongoing basis through self-initiative and seeking challenges.
  • Knowledge of business concepts, tools and processes that are needed for making sound decisions in the context of the company's business.
  • Excellent problem solving, communication, and collaboration skills.
  • Ability to identify right emerging AI technologies, influence the business, and own a roadmap that generates significant competitive advantage.
  • Deep expertise with several of the following: Strategy, Influence, Generative AI, Data Acquisition and Transformation, Predictive Analytics and Machine Learning, Statistics and Computing, Database Management System, Model Deployment, Data Wrangling, Programming Languages, Data Visualization.
Responsibilities
  • Drive Group Insurance AI and Data Science strategy and roadmap by identifying use cases from each business domain and taking into consideration business priorities in collaboration with domain leaders and product owners.
  • Lead, provide guidance and review the design, development, and production of Generative AI, machine learning and statistical models aimed at achieving substantial business outcomes.
  • Collaborate closely with technology, operations, governance, and business teams to manage dependencies, lead risk assessments, ensure operation readiness, support post-production adoption and continuous improvements in a timely manner.
  • Support continuous innovation and thought leadership in the domain of Predictive Analytics, AI, and Machine Learning model design by bringing in industry leading trends and paradigms.
  • Lead external vendors in the execution of parts of the data science development process.
  • Work with members of Prudential’s Technology & Data teams, including leaders in the Chief Technology Office and Enterprise Architecture team, as well as other Data Science Leads to leverage internal best practices, identify synergies, and influence transformation through data solutions.
  • Engage with the Chief Data Office on Responsible AI, Data Management and Governance, Data and AI/ML platforms to ensure Group Insurance is delivering sustainable Predictive and AI solutions.
  • Manage GI data science talent processes, including driving an innovative culture, adjusting training and career development strategies to reflect rapid evolution in data science domains, and strengthening the connection between the data science team and GI business partners.
  • Bring a deep understanding of relevant and emerging technologies, give technical direction to team members, and embed learning and innovation in the day-to-day.

Prudential Financial provides a variety of financial services, including insurance, investment management, and retirement planning. Their products help individuals and institutions achieve financial security and growth. Prudential offers life insurance, annuities, mutual funds, pension services, and asset management. The company generates revenue through premiums, fees, and investment income. What sets Prudential apart from its competitors is its focus on building long-term relationships with clients and offering comprehensive financial planning to ensure they are prepared for the future.

Company Stage

IPO

Total Funding

N/A

Headquarters

Newark, United Kingdom

Founded

N/A

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Simplify's Take

What believers are saying

  • Prudential's leadership in the financial services industry is reinforced by its strategic investments and acquisitions, which can lead to enhanced growth opportunities.
  • The company's recognition as a top company for executive women highlights its commitment to diversity and inclusion, potentially attracting top talent.
  • Prudential's focus on outcome-based work and strategic workforce management can lead to increased productivity and employee satisfaction.

What critics are saying

  • The financial services industry is highly competitive, and Prudential must continuously innovate to maintain its market position.
  • Economic downturns or changes in regulatory environments could impact Prudential's revenue streams from premiums, fees, and investment income.

What makes Prudential Financial unique

  • Prudential Financial's global reach and comprehensive suite of financial services, including insurance, investment management, and retirement planning, set it apart from competitors who may focus on narrower market segments.
  • The company's focus on long-term relationships and comprehensive financial planning ensures a personalized approach that is often lacking in more transactional financial service providers.
  • Prudential's strategic investments, such as its stake in Qianhai Re and leadership in funding rounds like FIDx, demonstrate its commitment to innovation and market expansion.

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