Advance your Finance and Accounting career at Liberty Mutual Insurance- A Fortune 100 Company!  **Please Note: Flexibility to hire at a grade 19 or grade 20 depending on experience.  Liberty Mutual's Corporate Risk and Capital Analytics (CRCA) unit within Corporate Enterprise Risk Management (ERM) is responsible for the maintenance, execution, and continuous improvement of the Corporate economic capital model and for providing oversight and governance of risk and capital modeling for the enterprise.  CRCA coordinates with and provides expertise to the GRM and GRS Risk and Capital Modeling units. The CRCA unit is also responsible for coordinating the annual LMIG capital attribution process, supporting Enterprise Risk Management, including the prospective solvency assessment in the company's Own Risk and Solvency Assessment (ORSA), and generating insights from and developing applications for economic capital (EC) modeling.  We seek a highly motivated individual with advanced quantitative skills to join our team.  This person will work with Risk, Actuarial, and Finance teams within the businesses, other parts of Corporate Finance, and Investments to identify, design, and implement enhancements to Corporate EC models, support enhancements to business and functional area models and processes, and promote understanding and credibility of economic capital modeling across Liberty Mutual. The successful candidate will be a creative, highly motivated, self-directed individual with superior quantitative skills, sound business judgment, the ability to identify and solve complex problems, the ability to manage and/or execute multiple projects simultaneously, and the ability to address a wide range of topics successfully.   Responsibilities:

• Help to design and develop new applications to support the use of EC concepts across the organization; help embed economic capital and risk concepts into Business management thinking and planning processes
• Provide subject matter expertise on capital modeling software and techniques to members of ECM Users Group community
• Influence capital management and allocation strategy by developing recommendations based on analysis and research
• Perform and/or manage ad-hoc analyses on a wide variety of risk and capital-related topics
• Support the LMIG ERM program by providing analysis and insight on risk drivers as needed
• Drive improvements and maintenance of the corporate economic capital models, data, and processes based upon own and internal team observations as well as ongoing feedback from Corporate, business, and functional teams in risk, actuarial, finance, and investments
• Advocate for and demonstrate the importance and utility of risk and capital modeling with business partners
• Help drive development of consistent definitions and measures of risk and of capital utilization by enhancing the analyses supporting and reporting of key risk drivers and their impact on capital usage
• Provide mentoring, guidance, and instruction to junior members of staff
• Implement timely and practical solutions to complex problems

Qualifications:

• Bachelor's degree with strong preference for degree in Mathematics, Statistics, Finance, Economics, or Actuarial Science
• Advanced degree (Masters Degree, Ph.D.), actuarial  FCAS/ACAS, FSA/ASA (or equivalent), combined with relevant experience preferred
• 10+ years of progressively responsible experience in risk modeling or related non-academic disciplines
• Proven track record of applying advanced analytics to improve business results and resolve business problems
• Exceptional understanding of quantitative modeling concepts, techniques, standards, assumptions, and uses
• Exceptional analytical skills
• Strong organizational skills and ability to work independently, balance multiple initiatives, prioritize incoming requests in accordance with the changing needs of the organization, effectively manage projects, and complete projects in a timely manner
• Ability to learn and implement new concepts quickly, solve problems, and generate ideas
• Strong communications and interpersonal skills
• Demonstrated ability to exchange ideas and convey complex information clearly and concisely, verbally and in writing, both one-on-one and in larger group settings
• Ability to convey technical concepts to non-technical audiences at all levels of management
• Ability to establish and build relationships within and outside of the Corporate Risk and Capital Analytics organization
• Ability to work effectively with diverse teams and individuals representing multiple businesses and functions to achieve successful outcomes
• Sound understanding of Liberty Mutual's major lines of business; deep knowledge of insurance operations and procedures across Finance, Underwriting, Reserving, Claims, Advanced Analytics, and Investments areas
• Expert ability with programming languages (e.g., R, SAS, C/C++, Python, VBA); experience with Willis Towers Watson Igloo software (our economic capital modeling platform) a significant plus

Benefits:  We value your hard work, integrity and commitment to positive change. In return for your service, it's 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.

 

We're 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.