Assistant Actuary, GRM Reserving - Special Projects Lead
- Employer
- Liberty Mutual Insurance
- Location
- Boston Massachusetts
- Salary
- Not Specified
- Closing date
- Feb 18, 2019
View more
- Category
- Actuary
- Job Type
- Not Specified
- Career Level
- Not Specified
Job Details
GRM reserving is seeking an Assistant Actuary to be responsible for leading Special Projects across Long-Tailed Lines in GRM (WC, Auto, GL, Umbrella). This is a newly formed position and this person will be Project Manager for several key projects including Planning and Audit support. Responsibilities will also include developing and maintaining Diagnostic Dashboards and Reporting functionality. This person will lead deep dives into areas of concern to identify and quantify risk to ACE. A successful candidate will possess strong analytical and communication skills, as well as a demonstrated ability to execute thoroughly in a collaborative and innovative environment.
Responsibilities:
Project manager for annual Planning work including development of Baselines and Cash Flows
Primary contact for annual Audit review, working with the cross-lines team to provide data requested and answer questions, as needed
Develop and maintain innovative and streamlined monitoring tools including Diagnostic Dashboard and Reporting (e.g. modified AvE) to provide quick and granular insights by LOB
Produce quarterly presentations to Chief Actuaries, including maintaining and updating templates
Perform segment reviews and deep dives for areas of concern, working collaboratively with Claims and Product to identify and quantify risk to ACE
Build and implement process improvement initiatives in collaboration with line of business teams and cross-functional stakeholders
Qualifications:
- Bachelor's degree required
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Insurance designations (ACAS/FCAS) desirable.
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Sound knowledge of actuarial techniques and standards, as well as other business operations including financial, underwriting, legal, claims, sales, etc
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Strong communication skills; demonstrated ability to exchange ideas and convey complex information clearly and concisely, and ability to influence senior management and stakeholders
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Ability to drive teamwork and collaboration across departments and functions
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Ability to lead projects and get work done through others
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Ability to establish and build effective relationships within and outside the team
Benefits:
We value your hard work, integrity and commitment to positive change. In return for your service, its our privilege to offer you benefits and rewards that support your life and well-being. To learn more about our benefit offerings please visit: https://LMI.co/Benefits
Overview:
At Liberty Mutual, we give motivated, accomplished professionals the opportunity to help us redefine what insurance means; to work for a global leader with a deep sense of humanity and a focus on improving and protecting everyday lives. We create an inspired, collaborative environment, where people can take ownership of their work; push breakthrough ideas; and feel confident that their contributions will be valued and their growth championed.
Were dedicated to doing the right thing for our employees, because we know that their fulfillment and success leads us to great places. Life. Happiness. Innovation. Impact. Advancement. Whatever their pursuit, talented people find their path at Liberty Mutual.
Job: Actuarial
Primary Location: United States-Massachusetts-Boston
Schedule: Full-time
Salary: $132,300-$173,200
Education Level: Bachelor's Degree (16 years)
Travel: Yes, 10 % of the Time
Company
When people have a sense of security, they are free to relax, venture out, and live their lives. This is the feeling Liberty Mutual brings to the world every day. Founded in 1912, we are a global leader in property and casualty insurance, focused on protecting and preserving the lives and dreams of customers in more than 30 countries. With over 50,000 employees throughout the world, we offer you the chance to work for an evolving, growing company with a deep sense of humanity and a commitment to diversity and philanthropy. Join our team and go to work knowing that what you do matters. Because really it does.
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