Why Insurers Must Invest in Data-Minded Employees

The term “data science” is only about 15 years old. It first showed up in a paper from Purdue University calling for a new academic discipline combining the knowledge of computer scientists and statisticians. Since then, data scientist has been dubbed the “sexiest job in America” and the “best job of the year” for 2016. College graduates are flocking to the job openings, but there’s still a gap. United States businesses will be short 1 million data scientists by 2018, and 40 percent of companies are already struggling to find top data analytics talent, according to a recent Deloitte report.  Recruiting top data-science talent will continue to be challenging and expensive. But building a team of superstar data scientists is only one part of transitioning to a data-driven organization. Truly…


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