Data Scientist II - Insurance

About the Insurance Business Unit Booking.com Insurance is the easiest way to protect your trip and travel with peace of mind. As part of our Connected Trip vision, Booking.com has ambitious growth plans for the insurance business as it looks to develop a global footprint of insurance product offerings across the Group. Through innovation, industry sector knowledge and clear customer focus, the team’s challenge is to substantially enhance the Insurance customer experience. Working in collaboration with leading industry partners, our insurance products are designed to give customers assurance they have the protection they need to allow them to relax and enjoy the trip - great value cover backed by a first class experience should they need to make a claim. Role Overview: The role will primarily involve supporting the ambitions to accelerate and delivery of advanced pricing capabilities within Insurance. Partnering with commercial, data engineering and product teams to develop pricing optimisation data pipelines and ET integration in order to ensure randomisation is performed in a compliant manner. Understand the vision and strategy of pricing optimisation activities and develop and own data science roadmaps in order to execute. Develop knowledge and awareness of pricing economics in order to drive and influence the product roadmap. Develop pricing optimisation models to provide smart pricing recommendations of commercial and strategic benefit. You will work closely with the product & engineering, data management & data engineering teams to support our product vision. Strong skills in stakeholder management and business acumen will ensure your work is impactful and can influence the business decisions of your stakeholders. Key Job Responsibilities and Duties: Responsible for providing data science support to our product stakeholders, to enable them to make data-driven decisions Responsible for designing and interpreting quantitative experiments to objectively guide key business decision making Responsible for designing & delivering entire data science solutions working closely with product and research teams Continuously review product engagement and performance, generate insights and provide hypotheses for newer experimentation to drive product growth Implement learnings in replicating product success to other areas within Intent Discovery and Platform Role Qualifications and Requirements: 3+ years of experience working in Data Science roles; advanced degree preferred (Statistics, Econometrics, Applied Mathematics, or similar) (mandatory) Strong working knowledge of statistics (mandatory) Descriptive Statistics Standard Deviation, Skewness etc. Inferential Statistics Hypothesis testing Confidence intervals, p-values, Correlation vs Causation Type I and Type II errors Strong working knowledge of Experimentation (mandatory) A/B testing Power analysis & sample size determination Familiarity with biases in experimentation. Strong working knowledge of SQL and at least one scripting language (Python or R) (mandatory) Strong background in pricing / economics Very strong commercial acumen (mandatory) Analytical, strategic, humble, entrepreneurial, and data-driven (mandatory) Comfortable interacting with stakeholders throughout the global organization (mandatory) Strong communication and presentation skills (mandatory) Flexibility to accommodate change and thrive in ambiguity (mandatory) Familiarity with optimisation techniques Total Reward Philosophy: The benefits and perks offered by the company. These can be found here. Booking.com’s total rewards philosophy is not only about compensation but also about benefits. Our rewards are aimed at making it easier for you to experience all that life has to offer — all the messy, beautiful, and joyful bits — on your terms. So you can focus on what really matters. We offer competitive compensation as well as thoughtful, valuable, and even fun benefits which include: A great, brand new office to in the heart of Amsterdam 29 days’ paid holiday plus bank holidays On-site meals, coffee, and snacks, including healthy and vegan options, daily Health & well-being benefits such as mental health support, access to health insurance, etc. Employer contribution pension Industry-leading parental leave and adoption leave From day one of your employment with us, we offer 22 weeks’ fully paid leave for all new parents, regardless of gender or the way you become a parent Great discounts on accommodation, car rentals and other group benefits Carer’s leave. 10 days’ fully paid leave per year for colleagues who are caring for ill family members. Hybrid Working (NL): We believe in office attendance at least 40% of your time whilst empowering you with the flexibility to plan where to do your best work, as well as up to 20 days per year to Work from Abroad* (subject to terms and conditions) #ThinkInclusion: Wellbeing & Inclusion at Booking.com: https://careers.booking.com/our-diversity/ Inclusion, Diversity, Belonging, Wellbeing and Volunteering (IDBWV) have been a core part of our company culture since day one. This ongoing journey starts with our very own employees, who represent over 140 nationalities and a wide range of ethnic and social backgrounds, genders and sexual orientations. Take it from our Chief People Officer, Paulo Pisano: “At Booking.com, the diversity of our people doesn’t just create a unique workplace, it also creates a better and more inclusive travel experience for everyone. Inclusion is at the heart of everything we do. It’s a place where you can make your mark and have a real impact in travel and tech.” We will ensure that individuals with disabilities are provided reasonable adjustments to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to discuss any requirements. Booking.com is proud to be an equal opportunity workplace and is an affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, colour, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status. We strive to move well beyond traditional equal opportunity and work to create an environment that allows everyone to thrive. Career Development Opportunities At Booking.com, we’re constantly growing and we want to provide resources to help grow your career. Free access to online learning platforms Development and mentorship programs to support career growth Access to trainings and workshops Team development opportunities Application process Please submit your application via the ‘Apply Now’ button above, your details will be reviewed by one of our Recruiters. Your Recruiter will discuss the full interview process and they will ensure that you are fully prepared for each stage of the interview process. Pre-Employment Screening If your application is successful, your personal data may be used for a pre-employment screening check by a third party as permitted by applicable law. Depending on the vacancy and applicable law, a pre-employment screening may include employment history, education and other information (such as media information) that may be necessary for determining your qualifications and suitability for the position.