Data Scientist - Fraud Detection

Madrid, Spain·Product·Added 3 months ago

What they offer

  • €45,000 - €65,000 a year

    Gross, as stated in the ad.

    About €2,720 - €3,720 a month after tax, or €2,610 - €3,800 under the Beckham regime.

  • Permanent contract

    Per the ad.

  • Hybrid

    Office and home days — the ad has the split.

  • Blue Card threshold

    Indicative — the ad doesn’t promise sponsorship.

What they ask for

  • Work in English

    English is required, per the ad.

  • Be near Madrid for hybrid days

    No relocation package mentioned.

This job was published 3 months ago

About the job

Requirements

What you’ll do
  • Design and improve fraud detection systems that prioritize high-risk claims, optimizing the trade-off between detection accuracy and operational efficiency
  • Collaborate across teams and functions, working closely with fraud analysts, engineers, and product managers
  • Develop deep expertise in fraud dynamics, identifying emerging fraud patterns, understanding how they evolve across the insurance lifecycle, and translating these insights into effective detection and prevention strategies, for example identifying suspicious networks of related claims, synthetic entities, or anomalous behavioral patterns

Original Advert

Are you looking for a new challenge?

Fancy helping us shape the future of motor insurance?

Prima could be the place for you.

Since 2015, we've been using our love of data and tech to rethink motor insurance and bring drivers a great experience at a great price. Our story began in Italy, where we've quickly become the number one online motor insurance provider. In fact, we're trusted by over 5 million drivers. And now we're expanding to help millions more drivers in the UK and Spain.

To help fuel that growth, we need a Data Scientist to join our Anti Fraud Team.

In this role, you'll have the opportunity to tackle fraud, one of the most impactful and fast-evolving challenges in insurance. You will do this from a global perspective. In fact, the team is responsible for detecting fraudulent claims across all Prima markets: the UK, Spain and Italy.

You'll collaborate with engineers, claims handlers and business leaders to improve the detection of fraud, directly influencing real-world fraud decisions with impact on the company's bottom line measured in millions. This is a highly practical area of work where strong business judgment is just as important as technical expertise.

Excited to make an impact? Here are the details

What we're looking for
  • Extensive experience (3+ years) in data science or applied machine learning, leading end-to-end initiatives in complex technical domains and delivering measurable business impact
  • Strong analytical and quantitative mindset able to translate data into insights, assess model performance, and guide decision-making with evidence and clarity
  • Structured problem solver skilled at framing ambiguous challenges, defining success metrics, and communicating results to both technical and non-technical audiences
  • Strong Python programming skills, especially in the data domain, and fluent use of Git
  • Knowledge of Spark, SQL or any other data-oriented programming language and proficiency with standard data wrangling and modeling libraries (Pandas, Sklearn, Keras, XGBoost, LightGBM, etc.)
Nice-to-Have
  • Experience in analytical fraud detection in the Insurance, Finance or Law Enforcement domain
  • In-depth knowledge of graph databases (Neo4j, AWS Neptune) and analytics (NetworkX, GNN) or explainability applied to anomaly detection
  • Knowledge of BI tools (Tableau or similar)

Why you'll love it here

We want to make Prima a happy and empowering place to work. So if you decide to join us, you can expect plenty of perks.
💵 Competitive compensation: We offer a performance-based bonus of up to 5% of the fixed salary for this position.
🤸 Work Your Way: Enjoy hybrid working, with a mix of home and office days. Plus, for up to 30 days per year, work from anywhere.

🏁 Grow with us: We may move fast at Prima, but we move together. Get access to learning resources, mentorship and a growth plan tailored to you.

🌈 Thrive and perform: Your best work begins when you feel your best. Enjoy private healthcare, gym discounts, wellbeing programs and mental health support.

Think you're a match?

At Prima, we celebrate uniqueness. If you don't meet every requirement but are passionate about this role, we still want to hear from you. Innovation thrives on diverse perspectives.

Prima is proud to be an equal opportunity employer. Need accommodations during the process? Email us at [email protected]. Let's build the future of insurance, together.

How they hire

5 steps5 interviews
  1. Meet the talent acquisition partner

    With a talent acquisition partner

    Get to know each other and discuss your passions, experience and skills.

  2. Meet the technical team

    With one or more technical team members

    Showcase your expertise and explain how you approach technical challenges with one or more technical team members.

  3. Technical task

    Complete a technical task related to the role and demonstrate hands-on problem solving.

  4. Meet the line manager

    With a line manager

    Discuss soft skills, your approach, company culture and values.

  5. Meet the Executive team or Head of Domain

    With an Executive team member or Head of Domain · Not every role

    For some roles: leadership abilities, strategic thinking and how Prima can accelerate your career.

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