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Actuarial Data Scientist

On-site in Madrid·Added 20 days ago (last checked 12 Oct)

Santalucía

42 open roles

Overview

Work mode
On-site, Madrid
Experience
4+ years
Education
University degree

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Skills

This job advert was originally written in Spanish.

Requirements

What we're looking for

  • 4-7 years of experience in advanced modeling applied to business.
  • Experience in supervised and unsupervised Machine Learning.
  • Experience in developing financial or actuarial models.

Nice to have

  • Experience in the insurance sector is valued.

Education & certifications

  • Degree in Mathematics, Statistics, Engineering, Actuarial Science, or similar.

The role

Develop, implement, and monitor advanced analytical models that optimize the profitability of the Digital Channel, through risk segmentation, LTV models, competitive analysis on aggregators, and dynamic pricing systems, integrating these capabilities within the technical framework of the line of business.

What you'll do

  • Develop advanced segmentation models and digital footprint.
  • Model expected claims by segment and simulate technical impact.
  • Build and maintain the LTV model integrating premium, claims, CPA, and persistence.
  • Develop price elasticity models and competitive positioning on aggregators.
  • Design dynamic discount engines by customer profile.
  • Build financial models by cohort (P&L, VNB, sensitivities).
  • Automate technical reporting and monitor early warning signals.
  • Coordinate with Technology and Data teams to operationalize models.

Required Knowledge

  • A master's degree in Data Science or Analytics is valued.
  • Advanced Python (pandas, scikit-learn, and other ML libraries).
  • SQL.
  • Advanced statistical modeling, experience with actuarial software (Akur8, Radar...).
  • Experimentation techniques (A/B testing, causal inference).
  • Data visualization tools (Power BI, Tableau, or similar).

Skills

  • Strong business impact orientation.
  • Ability to translate data into decisions.
  • Technical rigor and structured thinking.
  • Autonomy and proactivity.
  • Teamwork and cross-functional collaboration.
  • Continuous curiosity and innovation.

About Santalucía

Santalucía is a Spanish insurance group headquartered in Madrid, with a strong presence in the life, health, and funeral insurance sectors. It operates through a network of subsidiaries including Albia (funeral services), Accepta (assistance services), and Iris Global, offering a wide range of insurance and financial products. With over 4,000 employees, the group is one of the leading insurance providers in Spain, serving millions of customers through both direct and agency channels.

In Spain, Santalucía has offices and operations across multiple cities, including Madrid, Barcelona, Seville, and others, with a significant focus on digital transformation and technology roles. The company is actively hiring for IT, data science, actuarial, and business analyst positions, as well as offering internships through its Senda program. For international professionals, Santalucía offers opportunities in a stable, established Spanish company with a strong local market presence, though most roles require Spanish language proficiency.

Industry
Insurance
Founded
1933
Employees
1,000–5,000
Headquarters
Madrid, Spain
In Spain
Madrid, Barcelona, Sevilla and 8 more

Good to know if you are moving

  • Santalucía is a large, established Spanish insurance group with over 4,000 employees, offering stability and long-term career prospects.
  • The company has a strong focus on digital transformation, with many open roles in IT, data science, and actuarial fields, which may be suitable for international tech professionals.
  • Most roles are based in Spain and require Spanish language proficiency, so international candidates should have at least a working level of Spanish.
  • Santalucía offers a structured internship program (Senda Becas) in various areas, which can be a good entry point for recent graduates.
  • The company operates in multiple sectors including insurance, funeral services, and assistance, providing diverse career opportunities.

In their own words

Additional information

At SANTA LUCIA S.A,CªSEGUROS we work to guarantee real and effective equal opportunities that allow us to promote professional development and workforce diversity, in line with our commitment to SDG 5 (Gender Equality) of the United Nations 2030 Agenda.

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