Principal Financial

Data Science Intern - Machine Learning & Analytics

Summer 2019
Des Moines, IA
Data Science Intern

As a Data Science Intern at Principal Financial Group, I gained foundational experience in financial services, machine learning, and data analytics. Working on insurance risk models, claims prediction, and financial data analysis, this internship launched my career in data-driven development and provided deep insights into the intersection of technology and finance.

Key Achievements

ML Model Development

Built predictive models for insurance risk assessment and claims analysis

15% improvement in prediction accuracy

Data Pipeline Creation

Developed automated data processing pipelines for financial datasets

Processed 1M+ financial records

Analytics Dashboard

Created interactive dashboards for financial insights and reporting

Real-time financial analytics

Professional Growth

Gained foundational experience in financial services and data science

Career foundation established

Technical Focus Areas

Machine Learning Projects

Developed predictive models for insurance risk assessment, claims forecasting, and customer behavior analysis using supervised and unsupervised learning techniques.

  • • Risk prediction models for insurance underwriting
  • • Claims frequency and severity forecasting
  • • Customer segmentation and lifetime value modeling
  • • Feature engineering for financial datasets

Data Engineering & Analytics

Built automated data processing pipelines and created comprehensive analytics dashboards for financial insights and business intelligence.

  • • ETL pipelines for financial data processing
  • • Statistical analysis of insurance portfolios
  • • Interactive dashboards for actuarial teams
  • • Data quality assessment and validation

Technology Stack

PythonRSQLPandasNumPyScikit-learnMatplotlibSeabornJupyter NotebooksExcelTableauGitStatistical AnalysisMachine LearningData VisualizationFinancial Modeling

Key Responsibilities

Developed machine learning models for insurance risk prediction and claims forecasting

Analyzed large financial datasets to identify trends and patterns in customer behavior

Created automated data processing pipelines for actuarial and underwriting teams

Built interactive dashboards and reports for senior management decision-making

Collaborated with actuarial teams on statistical modeling and risk assessment

Presented findings and recommendations to stakeholders across the organization

Learning Outcomes

Applied machine learning algorithms to real-world financial problems

Gained expertise in insurance industry data and regulatory requirements

Developed proficiency in Python data science ecosystem

Learned financial modeling and risk assessment methodologies

Enhanced statistical analysis and data visualization skills

Built foundation for future career in fintech and data-driven development

Career Foundation

This internship at Principal Financial provided the foundation for my career in fintech and data-driven development. The experience working with real financial data, understanding insurance industry challenges, and applying machine learning to business problems shaped my future career trajectory toward building scalable software solutions in the financial sector.

← All ExperienceDefinitive Healthcare →