Line of Service
AdvisoryIndustry/Sector
Not ApplicableSpecialism
Data, Analytics & AIManagement Level
Senior ManagerJob Description & Summary
At PwC, our people in data and analytics focus on leveraging data to drive insights and make informed business decisions. They utilise advanced analytics techniques to help clients optimise their operations and achieve their strategic goals.Job Description & Summary – Senior Associate_ Data Scientist_Advisory _ Mumbai
Role Overview
We are looking for a BFSI Machine Learning professional with strong hands-on experience in risk, fraud, underwriting, collections, and cross-sell modeling, along with exposure to GenAI / LLM-based use cases. The role involves end-to-end model development, client interaction, and delivery ownership across large banking and insurance engagements.
Responsibilities
Core ML & Analytics (BFSI)
Develop and deploy predictive and scorecard models, including:
Cross-sell / up-sell propensity models
Probability of Default (PD), LGD, EAD models
Collections prioritization and recovery models
Insurance underwriting scorecards
Claims fraud detection and leakage analytics
Apply ML/statistical techniques such as Logistic Regression, GBM/XGBoost, Random Forest, Neural Networks.
Perform feature engineering using transactional, bureau, behavioral, and alternate data.
Conduct model validation and stability monitoring (Gini, KS, PSI, CSI, lift, decile analysis).
GenAI / LLM Exposure
Contribute to LLM-enabled BFSI solutions, including:
Automated credit / underwriting note generation
Claims investigation summaries
Risk and audit insight extraction
Hands-on experience with prompt engineering, embeddings, and RAG-based architectures.
Exposure to Azure OpenAI, OpenAI API, AWS Bedrock, or open-source LLMs.
Cloud & Engineering
Strong hands-on coding in Python (pandas, numpy, sklearn, xgboost, SHAP).
Experience on at least one cloud platform:
AWS (SageMaker, S3, Glue)
Azure (Azure ML, Azure OpenAI, Data Factory)
GCP (Vertex AI)
Exposure to model deployment, monitoring, and MLOps pipelines is a plus.
Client & Stakeholder Interaction
Work closely with client business, risk, fraud, and underwriting teams.
Translate business requirements into ML problem statements and solution designs.
Support client presentations, model documentation, and insights storytelling.
Mentor junior analysts and ensure delivery quality.
Must-Have Skills
5–10 years of experience in BFSI analytics / machine learning.
Hands-on experience in credit risk, fraud, underwriting, collections, or cross-sell modeling.
Advanced proficiency in Python.
Working knowledge of LLMs, GenAI, and prompt engineering.
Experience with cloud-based ML platforms.
Strong communication and stakeholder management skills.
Good-to-Have
Experience in Big-4 / Tier-1 consulting / captive BFSI analytics teams.
Familiarity with model governance, explainability, and regulatory expectations.
Exposure to Graph ML, alternate data, or agentic AI frameworks.
Prior experience in client-facing analytics transformation programs.
Mandatory skill sets:
ML/GenAI/LLM/BFSI
Preferred skill sets:
ML/GenAI/LLM/BFSI
Years of experience required:
5—12 Years
Education qualification:
B.E.(B.Tech)/M.E/M.Tech
Education (if blank, degree and/or field of study not specified)
Degrees/Field of Study required: Master of Engineering, Bachelor of EngineeringDegrees/Field of Study preferred:Certifications (if blank, certifications not specified)
Required Skills
DatasetsOptional Skills
Accepting Feedback, Accepting Feedback, Active Listening, Analytical Thinking, Applied Macroeconomics, Business Case Development, Business Data Analytics, Business Intelligence and Reporting Tools (BIRT), Business Intelligence Development Studio, Coaching and Feedback, Communication, Competitive Advantage, Continuous Process Improvement, Creativity, Data Analysis and Interpretation, Data Architecture Development, Database Management System (DBMS), Data Collection, Data Pipeline, Data Quality, Data Science, Data Visualization, Embracing Change, Emotional Regulation, Empathy {+ 32 more}Desired Languages (If blank, desired languages not specified)
Travel Requirements
Not SpecifiedAvailable for Work Visa Sponsorship?
NoGovernment Clearance Required?
NoJob Posting End Date
February 16, 2026