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Data Scientist Fraud Detection Jobs in Michigan (NOW HIRING)

$90K - $120K/yr

Bachelor's degree in computer science or technology related is preferred. * 3+ years of experience ... Exposure to MLOps/data needs for fraud detection, pricing, or claims severity models is a plus.

Perform exploratory analysis, data-quality assessment, feature selection, and leakage detection to ... Lead the data-science workstream from concept through production and continuous improvement ...

Perform exploratory analysis, data-quality assessment, feature selection, and leakage detection to ... Lead the data-science workstream from concept through production and continuous improvement ...

You'll help deliver intraday transaction insights, anomaly detection, forecasting, and conversational analytics supported by a governed metrics foundation. As a Data Scientist Senior Associate at ...

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Data Scientist Fraud Detection information

What does a data scientist in fraud detection do?

A Data Scientist in Fraud Detection analyzes large datasets to identify patterns and anomalies that could indicate fraudulent activities. They use machine learning algorithms, statistical models, and data mining techniques to detect and prevent fraud in areas like banking, insurance, and e-commerce. Their work helps organizations proactively combat fraud by developing predictive models and automated systems that flag suspicious transactions. Additionally, they often collaborate with other departments to refine detection strategies and ensure compliance with regulations.

What are the key skills and qualifications needed to thrive as a data scientist in fraud detection?

To thrive as a Data Scientist in Fraud Detection, you need a strong background in statistics, machine learning, and data analysis, typically supported by a degree in computer science, mathematics, or a related field. Familiarity with programming languages like Python or R, experience with big data tools (e.g., Hadoop, Spark), and knowledge of fraud detection platforms are essential. Strong problem-solving abilities, attention to detail, and effective communication skills set candidates apart in this field. These skills and qualities are crucial for identifying fraudulent activities quickly and accurately, minimizing financial losses, and supporting organizational security.

How does a data scientist in fraud detection typically collaborate with other teams to develop effective solutions?

As a Data Scientist in Fraud Detection, you will regularly collaborate with cross-functional teams such as fraud analysts, software engineers, and product managers. Working closely with fraud analysts helps you understand emerging fraud patterns, while partnering with engineers ensures your models are effectively integrated into real-time systems. You may also coordinate with compliance and legal teams to ensure solutions meet regulatory requirements. This collaborative approach not only improves the accuracy and impact of fraud detection models but also fosters a dynamic, supportive work environment.

What is the difference between Data Scientist Fraud Detection vs Data Analyst Fraud Detection?

AspectData Scientist Fraud DetectionData Analyst Fraud Detection
Required CredentialsBachelor's or Master's in Data Science, Statistics, or related fields; programming skills in Python/RBachelor's in Data Analysis, Statistics, or related fields; proficiency in Excel, SQL
Work EnvironmentDeveloping models, advanced analytics, machine learning tasksData cleaning, reporting, basic analysis
Employer & Industry UsageFinancial institutions, e-commerce, insurance

Data Scientist Fraud Detection focuses on building predictive models and applying machine learning techniques to identify fraud patterns. Data Analysts Fraud Detection primarily perform data cleaning, reporting, and basic analysis to support fraud detection efforts. While both roles work in similar industries, Data Scientists handle more complex modeling, whereas Data Analysts focus on data interpretation and reporting.

What are popular job titles related to Data Scientist Fraud Detection jobs in Michigan?

For Data Scientist Fraud Detection jobs in Michigan, the most frequently searched job titles are:

What cities in Michigan are hiring for Data Scientist Fraud Detection jobs?

Cities in Michigan with the most Data Scientist Fraud Detection job openings:

$143K - $229K/yr

Other

Medical, Retirement, PTO

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Blue Cross and Blue Shield of North Carolina rating

7.8

Company rating: 7.8 out of 10

Based on 13 frontline employees who took The Breakroom Quiz

194th of 311 rated insurance


Job description

Job Description

The Principal Data Scientist will serve as the principal lead to provide accurate and quality analyses that translate data in sound organizational decisions. In this role you will provide strategic thought leadership and partner with other functional areas to deliver collaborative work products that align with divisional and enterprise strategy. You will own delivery of multiple large and/or complex data science and engineering projects.

What You'll Do

  • Lead in the development and testing of hypotheses across all functional data sets

  • Lead requirements gathering sessions with business and technical staff to distill technical requirement from business requests

  • Define and implement integrated data models, allowing integration of data from multiple sources

  • Design and develop scalable, efficient data pipeline processes to handle data ingestion, cleansing, transformation, integration, and validation

  • Define and implement data stores based on system requirements and consumer requirements

  • Design and develop models to understand and solve multiple complex business solutions using a variety of methods including data mining, statistical analysis, predictive modeling and analysis, stochastic modeling, pattern recognition, probability analysis, and network analysis

  • Design and implement production models leveraging technologies such Python, and R

  • Leverage existing data sets and engineer new data sets including development of SQL queries, data integration and resolution of data quality issues

  • Apply advanced conceptual understanding of Big Data systems to data set engineering and analytic model implementation

  • Lead development and reviews of complex analytic models and algorithms

  • Identify actionable insights, suggest recommendations, and influence business direction by effectively communicating results to cross functional groups

  • Document and test analytic processes including performance and thorough data validation and verification

  • Engage with enterprise business areas to incorporate feedback into audit process including but not limited to Payment Integrity, SIU, Provider, Behavioral Health, Med Policy, Claims, Pharmacy
  • Articulate analytic methods and drive business outcomes with responsible business areas
  • Consult with executive level leadership across the organization- with responsibility to drive CoC ideation for Commercial and Medicare
  • Informally lead other analysts and synthesize information and make recommendations to executive leadership
What You Bring
  • Bachelor's degree or advanced degree (where required)

  • 8+ years of experience in related field.

  • In lieu of degree, 10+ years of experience in related field.

  • Strong Analytic/Data Science skills:

  • Experience with Snowflake

  • Experience building AI Agents

  • Understand Bell curve analysis

  • Incorporate Industry benchmarks into analysis

  • Perform outlier detection

  • Strong healthcare experience with Payment Integrity/FWA business knowledge is required

  • understanding of FWA concepts, CMS guidelines, Medical/Reimbursement Policy are all strongly preferred

Salary Range

At Blue Cross NC, we take great pride in a fair and equitable compensation package that reflects market-price and our starting salaries are typically planned near the middle of the range listed. Compensation decisions are driven by factors including experience and training, specialized skill sets, licensure and certifications and other business and organizational needs.Our base salary is part of a robust Total Rewards package that includes an Annual Incentive Bonus*, 401(k) with employer match, Paid Time Off (PTO), and competitive health benefits and wellness programs.

*Based on annual corporate goal achievement and individual performance.

$143,616.00 - $229,786.00

Skills

Big Data, Complex Data Analysis, Data Analysis, Data Engineering, Data Mining, Data Modeling Techniques, Data Science, Data Visualization, Machine Learning (ML), Predictive Analytics, Predictive Modeling, Python (Programming Language), Statistical Analysis, Statistical Models

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JOB ALERT FRAUD: We have become aware of scams from individuals, organizations, and internet sites claiming to represent Blue Cross and Blue Shield of North Carolina in recruitment activities in return for disclosing financial information. Our hiring process does not include text-based conversations or interviews and never requires payment or fees from job applicants. All our career opportunities are published on https://bcbsnc.wd5.myworkdayjobs.com/en-US/BCBSNC. If you have already provided your personal information that you suspect is fraudulent activity, please report it to your local authorities. Any fraudulent activity should be reported to: HR.Staffing@BCBSNC.com.


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