Senior Actuarial Analyst

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.

Description

There is a strong preference for the selected candidate to live in the EST.

• Supporting pricing for US Financial Lines and Mortgage profit centers.
• Portfolio analysis : in-depth reviews of the portfolio's composition and profitability; participation in discussions with lead Underwriters and Claims personnel regarding profitability and strategic direction;

clear communication of results of actuarial analyses to underwriters, finance, management, and claims personnel

• Rating models : maintenance and enhancement of existing models and development of new models as necessary, including periodic data-driven reviews of pricing parameters
• Develop a consistent set of monitoring tools to assess the profitability of the business with a goal to provide timely and actionable insights
• Integration of analytical models into actuarial analyses to drive business profitability
• Participation in the reinsurance placement process as necessary
• Responding to ad hoc analysis requests from Underwriting, Claims, IT, and senior management
• Retrieves, understands and manipulates data as it relates to assigned and related projects while maintaining clear and concise documentation of methods and activities.
• If applicable, positive progress towards pursuing and passing of required actuarial exams.

Qualifications

• Proven math and analytical skills, as normally acquired through the pursuit of a Bachelor's degree in Mathematics, Statistics, Economics, Actuarial Science, or related field.
• Commitment to achieving Associateship or Fellowship in the Casualty Actuarial Society.
• Passing grades on a minimum of 5 Casualty Actuarial Exams is required.
• Minimum 3-5 years relevant experience required.
• Prior experience and solid knowledge of actuarial techniques and standards, as well as other business operations including financial, underwriting, legal, statistics, claims, sales, etc.
• Solid oral and written and presentation communication skills and ability to interact effectively within and outside the organization.
• Solid interpersonal skills and the ability to work in a team environment as well as independently.
• Ability to motivate and mentor peers and motivate and train subordinates.
• Ability to exercise discretion, and apply independent judgment and well-developed critical thinking skills in execution of assignments and projects.
• Ability to balance multiple projects with minimal direction.
• Advanced computing skills (MS Office Excel, SAS, etc.); Ability to build models of moderate complexity.

About Us

At Liberty Mutual, our purpose is to help people embrace today and confidently pursue tomorrow. That's why we provide an environment focused on openness, inclusion, trust and respect.

Here, you'll discover our expansive range of roles, and a workplace where we aim to help turn your passion into a rewarding profession.

Liberty Mutual has proudly been recognized as a "Great Place to Work" by Great Place to Work® US for the past several years.

We were also selected as one of the "100 Best Places to Work in IT" on IDG's Insider Pro and Computerworld's 2020 list. For many years running, we have been named by Forbes as one of America's Best Employers for Women and one of America's Best Employers for New Graduates as well as one of America's Best Employers for Diversity.

To learn more about our commitment to diversity and inclusion please visit : https : / / jobs.libertymutualgroup.com / diversity-inclusion

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 : / / LMI.co / Benefits

Liberty 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.