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Engineering Economics Jobs in Seattle, WA (NOW HIRING)

Data Scientist, AIML Data Scientist

Seattle, WA · On-site

$175.50 - $263.80/hr

Bachelors degree in Computer Science, Statistics, Mathematics, Engineering, Economics or related field. * 4+ years of experience in data science with proven skills in developing meaningful and ...

Engineer II

Kent, WA

$82K - $136K/yr

Applies engineering principles, practices, theories. * Creates and reviews cost estimates, and provides economic analysis for project alternatives. * Plans and develops project budgets with ...

Applies engineering principles, practices, theories. * Creates and reviews cost estimates, and provides economic analysis for project alternatives. * Plans and develops project budgets with ...

Engineer II

Bellevue, WA · On-site

$82K - $136K/yr

Applies engineering principles, practices, theories. * Creates and reviews cost estimates, and provides economic analysis for project alternatives. * Plans and develops project budgets with ...

Engineer II

Bellevue, WA · On-site

$82K - $136K/yr

Applies engineering principles, practices, theories. * Creates and reviews cost estimates, and provides economic analysis for project alternatives. * Plans and develops project budgets with ...

Applies engineering principles, practices, theories. * Creates and reviews cost estimates, and provides economic analysis for project alternatives. * Plans and develops project budgets with ...

Applies engineering principles, practices, theories. * Creates and reviews cost estimates, and provides economic analysis for project alternatives. * Plans and develops project budgets with ...

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Engineering Economics information

See Seattle, WA salary details

$61

$74

$86

How much do engineering economics jobs pay per hour?

As of Aug 30, 2026, the average hourly pay for engineering economics in Seattle, WA is $74.41, according to ZipRecruiter salary data. Most workers in this role earn between $67.84 and $80.96 per hour, depending on experience, location, and employer.

What is engineering economics?

An Engineering Economics job involves applying economic principles to engineering projects to ensure cost efficiency and financial feasibility. Professionals in this field analyze costs, evaluate investment decisions, and optimize resource allocation for engineering projects. They work in industries like construction, manufacturing, and infrastructure development to balance technical and financial considerations. Their role helps organizations make data-driven decisions that maximize profitability while maintaining project sustainability.

What are the typical responsibilities of an engineering economics professional?

Engineering Economics professionals are typically responsible for evaluating the financial viability of engineering projects, conducting cost-benefit analyses, and preparing detailed economic forecasts to guide project planning. They often collaborate closely with engineering teams, project managers, and financial departments to gather data, assess risk, and ensure resources are optimally allocated. On a daily basis, they may work on developing financial models, presenting findings to decision-makers, and recommending strategies to improve project efficiency and profitability. This interdisciplinary work enables organizations to make data-driven investment and project management decisions.

What are the key skills and qualifications needed to thrive in engineering economics?

To excel in Engineering Economics, you need strong quantitative analysis, economic modeling, and engineering fundamentals, usually backed by a degree in engineering or a related field. Familiarity with financial analysis software, spreadsheet modeling, and cost estimation tools is highly valuable, and certification such as Professional Engineering (PE) or specialized economics credentials can be advantageous. Excellent problem-solving, attention to detail, and communication skills help professionals explain complex cost-benefit analyses to technical and non-technical stakeholders. These competencies ensure accurate economic assessments and informed decision-making, directly impacting project viability and resource allocation.

What jobs combine engineering and economics?

Jobs that combine engineering and economics include roles such as engineering economist, cost analyst, project manager, and operations researcher. These positions often require skills in financial analysis, data modeling, and engineering principles, and are common in industries like manufacturing, energy, and infrastructure development.
Infographic showing various Engineering Economics job openings in Seattle, WA as of August 2026, with employment types broken down into 89% Full Time, 6% Part Time, 4% Contract, and 1% Nights. Highlights an 85% Physical, 4% Hybrid, and 11% Remote job distribution, with an average salary of $154,771 per year, or $74.4 per hour.

Senior Analyst, Advanced Analytics: Auto Physical Damage (APD)

Liberty Mutual

Seattle, WA • Hybrid

$97K - $123K/yr

Full-time

Re-posted 16 days ago


Liberty Mutual rating

8.7

Company rating: 8.7 out of 10

Based on 162 frontline employees who took The Breakroom Quiz

72nd of 315 rated insurance


Job description

Description

The Auto Physical Damage (APD) Data Science team builds and deploys data science products that power faster, more consistent, and more accurate claims outcomes. Our portfolio spans both traditional machine learning models and Generative AI systems (e.g., document summarization, LLM-driven decision support, and unstructured-data extraction). As our model footprint grows, ensuring these systems remain accurate, reliable, and trustworthy in production is mission-critical.

We are seeking a Model Monitoring Analyst to design, build, and operate the systems that keep our production models healthy. You will be the owner of model observability across the APD portfolio - establishing how we detect performance degradation, data drift, and anomalous behavior for both classical ML and GenAI systems. This is a highly visible role that partners closely with data scientists, ML engineers, claims business partners, and model governance teams.

**Candidates who live within 50 miles of Boston, MA; Portsmouth, NH; Seattle, WA; Columbus, OH; or Plano, TX will follow a hybrid schedule, coming into the office two days per week. Otherwise, this role is remote with occasional travel.**

Key Responsibilities

  • Build monitoring infrastructure for production models, covering both traditional ML and GenAI/LLM systems, including automated pipelines, dashboards, and alerting.
  • Define and track model health metrics - for ML: accuracy, precision/recall, AUC, calibration, feature and prediction drift. For GenAI: output quality, hallucination/grounding checks, relevance, latency, token/cost usage, and guardrail adherence.
  • Detect and diagnose issues such as data drift, concept drift, performance decay, and data-quality breaks, then triage and escalate to the appropriate model owners.
  • Establish thresholds and alerting that balance early detection with alert fatigue, and document expected behavior and remediation runbooks.
  • Partner with data scientists and ML engineers to integrate monitoring into the model deployment lifecycle (CI/CD, MLOps/LLMOps).
  • Support model governance and compliance by producing monitoring evidence, audit-ready reporting, and documentation aligned with enterprise model risk management standards.
  • Analyze production outcomes against business KPIs to surface opportunities for model improvement or retraining.
  • Communicate findings clearly to both technical and non-technical stakeholders through reporting and periodic model health reviews.

The ideal candidate will have:

  • Bachelor's degree in a quantitative field (Statistics, Data Science, Computer Science, Engineering, Economics, or related), or equivalent experience.
  • 3+ years of experience in data analytics, data science, ML engineering, or a related analytical role.
  • Proficiency in SQL and Python for data manipulation and analysis.
  • Solid understanding of machine learning concepts and model performance evaluation.
  • Experience building dashboards and reports (e.g., Streamlit, Tableau, or similar).
  • Strong analytical, problem-solving, and communication skills, with attention to detail.

Additionally:

  • Graduate degree in a quantitative field (Statistics, Data Science, Computer Science, Engineering, Economics, or related), or equivalent experience.
  • Experience with model monitoring / observability tooling
  • Experience with A/B testing or experiment design to test impact of solutions
  • Familiarity with GenAI/LLM evaluation concepts - prompt/response quality, hallucination detection, retrieval-augmented generation (RAG), guardrails, and LLM cost/latency monitoring.
  • Exposure to cloud platforms (AWS, Azure, or GCP) and MLOps/LLMOps practices.
  • Knowledge of the auto claims or insurance domain.
Qualifications
  • Bachelor's Degree plus a minimum 3 years, typically 4 or more years of experience, or equivalent, is required.
  • Mathematics, Economics, Statistics or other quantitative field are preferred fields of study.
  • Advanced knowledge of data sources, tools, statistical principles and methodologies, and techniques.
  • Advanced proficiency in Excel (VBA, macros, scripts, formulas, data visualization, etc.), PowerPoint, and statistical software packages (SAS, Emblem).
  • Must have good planning, analytical, decision-making and communication skills. Solid understanding of business to improve business outcomes.
About Us

Pay Philosophy: The typical starting salary range for this role is determined by a number of factors including skills, experience, education, certifications and location. The full salary range for this role reflects the competitive labor market value for all employees in these positions across the national market and provides an opportunity to progress as employees grow and develop within the role. Some roles at Liberty Mutual have a corresponding compensation plan which may include commission and/or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role.At Liberty Mutual, our goal is to create a workplace where everyone feels valued, supported, and can thrive. We build an environment that welcomes a wide range of perspectives and experiences, with inclusion embedded in every aspect of our culture and reflected in everyday interactions. This comes to life through comprehensive benefits, workplace flexibility, professional development opportunities, and a host of opportunities provided through our Employee Resource Groups. Each employee plays a role in creating our inclusive culture, which supports every individual to do their best work. Together, we cultivate a community where everyone can make a meaningful impact for our business, our customers, and the communities we serve. We value your hard work, integrity and commitment to make things better, and we put people first by offering you benefits that support your life and well-being. To learn more about our benefit offerings please visit: https://www.libertymutualgroup.com/about-lm/careers/benefitsLiberty Mutual is an equal opportunity employer. We will not tolerate discrimination on the basis of race, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran's status, pregnancy, genetic information or on any basis prohibited by federal, state or local law.Fair Chance Notices

  • California
  • Los Angeles Incorporated
  • Los Angeles Unincorporated
  • Philadelphia
  • San Francisco
Employment Type: FULL_TIME

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Pay

Benefits

Hours and flexibility

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About Liberty Mutual

Sourced by ZipRecruiter

Since 1912, we've grown into the fifth largest global property and casualty insurer based on 2022 gross written premium. We also rank 86 on the Fortune 100 list of largest corporations in the US based on 2022 revenue. ​At Liberty Mutual Insurance we work hard every day to support our customers and our people, so they can protect their families, build their businesses and invest in their futures. We are headquartered in Boston, but our people, our customers and our reach span the globe. So to better serve our global customers and employees, we are organized into three business units.

Industry

Insurance services

Company size

10,000+ Employees

Headquarters location

Boston, MA, US

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