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Data Scientist
Fairmatic
Tel-Aviv
At Fairmatic we're on a mission to make roads safer, one fleet at a time. 

Fairmatic is revolutionizing the auto insurance industry by using data and AI to personalize options and incentivize safe driving with savings. Our predictive risk models have been trained with 200 billion miles of driving data and tested with hundreds of thousands of paying drivers.

Fairmatic's leadership team includes serial entrepreneurs, insurance industry innovators, and startup veterans who have raised over $88M in funding in less than a year.

Join our global team of curious, adaptable technologists and problem solvers who are passionate about creating a positive impact on the world!

We seek a Data Scientist to join our team and research, develop, and improve the machine learning models predicting claims frequency, severity, and fraud detection. This role will report to the Data Science Team Lead, help improve the models, and enhance other aspects of rating, claims, and customer experience (e.g., insight to improve fleet safety).

A day in the life:

    • Use advanced statistics, machine learning, and mathematical approaches to develop highly predictive risk models to improve our underwriting and claims settlement processes
    • Assess Fairmatic’s modeling techniques, identify improvements, and communicate results with internal stakeholders, including leadership, to ensure these are incorporated into business processes
    • Design data collection strategies and their applications for building new products
    • work closely with product management, underwriting, actuaries, machine learning engineers, and other product/engineering teams
    • Exemplify and foster Fairmatic’s humble, collaborative, and impact-obsessed culture

What you will need:

    • MS in Statistics / Machine Learning or related field with at least 4 years experience as a data scientist after graduation
    • Wide experience in research-oriented roles; analyzing business problems from a data science perspective, conducting literature research, and implementing and testing solutions
    • Expert in supervised and unsupervised machine learning models (GLM, GAM, XGBoost, Deep Learning, etc)
    • Hands-on programming experience with Python ML packages, such as Keras, PyTorch, sci-kit-learn, and pandas.
    • Keep yourself up to date with new developments in the AI field and adopt these to improve existing products.
    • An analytical mindset, with an ability to understand complex problems, visualize data and extract valuable insights.
    • A product-driven mindset with a knack for transforming research outcomes into impactful products.
    • Excellent communication skills – can articulate experiment goals and methodologies clearly and communicate insights in an easily accessible way to the team.
    • Experience with risk models or insurance companies - Advantage
Some of our Tel Aviv Office Benefits & Perks:
21 days of vacation
Payment for sick leave from day one
Keren Hishtalmut and Pension
Commuter and parking benefits
Hybrid working model
Mobile and home internet allowance
Team events, fully-stocked kitchen, happy hours
Stipends for wellness and entertainment
Awesome Fairmatic gifts and swag!

We are always on the hunt for talented individuals!

Join us and let’s fulfill our mission to make roads safer, one fleet at a time.
Full-time
Mid Level