(Senior) Data Scientist - Telematik - Job Opportunity at HUK-COBURG Versicherungsgruppe

Coburg, Germany
Full-time
Senior
Posted: April 2, 2025
Hybrid
EUR 75,000 - 95,000 annually for senior level, potentially higher with PhD, based on German insurance industry standards and location

Benefits

Comprehensive pension plan with employer contributions
Subsidized bicycle leasing program
Flexible working hours with core hours
Flextime arrangements
Capital formation benefits
Hybrid work model (50% remote possible)
30 days vacation plus extra days at Christmas/New Year
Family support services
Fitness studio memberships
Health and wellness programs
Professional development allowance
Transportation allowance

Key Responsibilities

Lead research and development of telematics-based risk assessment models using advanced data science methods
Design and implement complex machine learning solutions for real-time driving data analysis
Oversee production deployment of machine learning models and ensure operational excellence
Conduct ad-hoc analyses of operational data to drive business insights
Collaborate across departments to integrate telematics solutions into insurance products

Requirements

Education

Master's degree required, PhD preferred in Data Science, Machine Learning, Mathematics, Physics, Economics, Computer Science or related field

Experience

Several years of practical experience in developing machine learning solutions in research or industry

Required Skills

Advanced Machine Learning techniques Python and relevant ML libraries Big Data application development Cloud computing Distributed systems Strong communication skills Project ownership Independent work style
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Sauge AI Market Intelligence

Industry Trends

Insurance telematics is experiencing rapid growth with the global market expected to reach $5.4 billion by 2026. This represents a significant opportunity for data scientists to shape the future of risk assessment. Real-time data processing and AI-driven insurance products are becoming standard offerings among leading insurers, making this role crucial for maintaining competitive advantage. The integration of IoT and connected car data is transforming traditional insurance models, creating high demand for specialists who can bridge data science and insurance domain expertise.

Role Significance

Likely part of a specialized data science team of 5-8 members within a larger analytics department of 20-30 people
Senior position with significant impact on core business strategy through development of next-generation insurance products

Key Projects

Development of real-time risk assessment models using telematics data Implementation of scalable ML infrastructure for processing high-frequency vehicle data Creation of fair pricing models based on actual driving behavior Integration of ML models into production insurance systems

Success Factors

Deep expertise in processing and analyzing high-frequency sensor data Ability to balance technical excellence with business value creation Strong understanding of statistical risk modeling in insurance context Experience with large-scale data processing systems Excellent stakeholder management skills

Market Demand

High demand with limited talent pool due to specialized combination of advanced ML expertise and insurance domain knowledge

Important Skills

Critical Skills

Advanced ML expertise for complex risk modeling Big data processing skills for handling massive telematics datasets Statistical modeling for insurance risk assessment Production ML system development experience

Beneficial Skills

Insurance domain knowledge IoT/sensor data processing experience Cloud architecture expertise Business communication skills

Unique Aspects

Access to one of Germany's largest automotive telematics datasets
Opportunity to influence the future of data-driven insurance products
Combination of traditional insurance stability with modern tech stack and methods

Career Growth

2-4 years in role before advancement, depending on project success and business impact

Potential Next Roles

Lead Data Scientist Head of AI/ML Technical Director Chief Data Officer

Company Overview

HUK-COBURG Versicherungsgruppe

HUK-COBURG is Germany's largest auto insurer with over 13 million customers, maintaining a strong market position through technical innovation and competitive pricing

Among top 10 insurance groups in Germany, leading in automotive insurance sector with significant investment in digital transformation
Headquartered in Coburg with national presence, offering stable yet innovative work environment
Traditional insurance company actively transforming into a data-driven organization, combining German corporate stability with startup-like innovation in key areas
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