Insurance Data Scientist

Also called: Predictive Modeler

Builds machine-learning models to price insurance, catch fraud and predict claims.

A day in the life

You train a model using telematics data from drivers' phones to predict accident risk, then check that it's fair and doesn't break insurance laws.

Pay over a career

Starting
$90k
Typical
$130k
High
$200k

Approximate: anchored on Bureau of Labor Statistics data for a broader job group.

Training

Master's degree, about 6 years after high school. Bachelor's in a quantitative field; many have a master's.

Ways in: 4-year college, Graduate school. Training cost: $60k – $150k.

Majors to look at: Data Science, Statistics, Computer Science, Actuarial Science.

Outlook

Growing much faster than average. Data science jobs are growing fast.

Will it last? Our AI estimate

Medium risk for 10 years. AutoML builds many models automatically; data scientists who check fairness, regulation and business sense stay in demand.

Start now, in high school

Classes: AP Statistics, AP Computer Science, AP Calculus.

Official data: O*NET occupation 15-2051.

More Actuarial Science & Risk Management careers

Career Universe is an early version. Pay, training and AI-risk figures are estimates to start your own research, not verified facts. The research was written with AI research assistants, checked by validation scripts and spot-checked by hand. Check anything important with schools, employers and official sources. How the numbers work.