NextEra Energy, Inc. · 3 hours ago
Sr ML Engineer - Reinsurance & Insurance Finance
North Palm Beach, FL
Full-time
Onsite
Mid, Senior Level
4+ years expNextEra Energy, Inc. is a leading provider of customized insurance solutions through PALMS Insurance. The Senior ML Engineer will architect AI and data engineering solutions to enhance underwriting profitability, claims accuracy, and operational efficiency across the P&C portfolio.
Clean EnergyEnergyRenewable EnergySolar
Responsibilities
Build robust ETL/ELT pipelines using AWS (Glue, Redshift, S3, Lambda, Aurora) integrating P&C data including policy bordereaux, claims transactions, loss runs, exposure data, and reinsurance bordereaux
Implement data quality frameworks validating P&C metrics: loss ratios, combined ratios, reserve adequacy, IBNR estimates, exposure accumulation, ceded premium reconciliation, and sliding scale commission calculations
Design LLM-based ingestion workflows automating data mapping for MGAs, carriers, reinsurers, and program administrators
Create semantic layers translating raw data into standardized P&C schemas (ISO classifications, territory mappings, treaty types, attachment points)
Oversee production deployments with A/B testing frameworks for ML-driven underwriting and claims decisioning
Handle ad-hoc reporting, data anomaly resolution, and AWS job-aid refactoring
Develop automated reconciliation pipelines matching ceding company statements, reinsurer statements, and internal records with exception workflows
Build ML-driven anomaly detection identifying premium discrepancies, commission errors, and loss allocation mismatches
Create predictive cash flow models for reinsurance recoverable forecasting collection timing and dispute impacts
Implement actuarial support for Schedule F preparation, collectability assessments, unauthorized reinsurer collateral tracking, and NAIC regulatory reporting
Engineer financial pipelines supporting SAP and GAAP requirements including DAC, UPR, loss reserve discounting, and contingent commission accruals
Co-develop data strategy with the VP of Data Analytics & Technology aligned with actuarial, underwriting, claims, and finance objectives
Implement data governance standards ensuring compliance with state insurance regulations, NAIC reporting requirements, Solvency II (for international operations), credit for reinsurance regulations, and SOC 2 controls
Maintain CI/CD processes via GitHub with peer review protocols, comprehensive code documentation, and model validation frameworks meeting actuarial and reinsurance accounting standards
Deep understanding of P&C insurance concepts: combined ratio mechanics, loss triangles, IBNR methodologies, cat modeling, treaty reinsurance structures, and regulatory reporting (Schedule P, Annual Statement)
Lead peer-review processes to ensure high-quality and reliable data science work
Develops machine learning, optimization and other modeling solutions
Prepares comprehensive documented observations, analyses and interpretations of results including technical reports, summaries, protocols and quantitative analyses
Works with big data and distributed computing platforms
Develops software and contributes to product development
Performs other job-related duties as assigned
Qualification
Required
Bachelor's Degree
Experience: 4+ years
Master's or Ph.D. in Physics, Mathematics, Computer Science, or related field
7+ years in data engineering and ML with 5+ years in P&C insurance and 3+ years in reinsurance operations
7+ years hands-on AWS experience (Glue, Redshift, S3, Lambda, CloudWatch)
Extensive knowledge of reinsurance treaty types: quota share, surplus share, excess of loss, stop loss, facultative, finite risk
Demonstrated expertise in reinsurance financial accounting: premium and loss ceding calculations, commission settlements (flat, sliding scale, profit commission), reinstatement premium accounting, experience refunds, loss portfolio transfers, and retroactive reinsurance
Expertise in reinsurance accounting: premium/loss ceding, commission settlements, reinstatement premium, experience refunds, commutations
Strong database architecture, data warehousing, and ETL experience
Experience with Power BI, Grafana, and web app tools
Strong Scrum project management skills
ARe/CRe (Reinsurance Fellowship/Chartership), or progress toward reinsurance credentials is highly desirable
CPA, CFA, or advanced coursework in insurance accounting and financial reporting is a strong plus
Insurance experience in Commercial or Specialty (Property & Casualty)
Preferred
Master's Degree
Doctoral Degree
Benefits
Relocation Provided: Yes, if applicable
Company
NextEra Energy, Inc.
NextEra Energy, Inc.
10001+ employees
H1B Sponsorship
NextEra Energy, Inc. has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (1)
2024 (2)
2023 (6)
2021 (1)
2020 (2)
Funding
Current Stage
Public CompanyTotal Funding
$1.81BKey Investors
Ontario Teachers' Pension PlanMassachusetts Clean Energy Center
2024-02-27Post Ipo Debt· $1B
2022-11-18Post Ipo Equity· $805M
2017-12-07Grant· $0.5M
Leadership Team
Brian Bolster
Executive Vice President of Finance and Chief Financial Officer
David Porges
Director Board Of Directors
Recent News
2026-01-20
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2026-01-18
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2026-01-17
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