Advance your Actuarial career at Liberty Mutual Insurance- A Fortune 100 Company!

Looking for the next step in your career? Support the North American Specialty (NAS) Environmental and GTS (M&A Transactional) businesses profit, growth and operational objectives by performing advanced actuarial pricing analyses! The role will involve working in a dynamic environment with the Senior Actuary and Underwriters to understand drivers of business performance and develop appropriate portfolio level pricing strategies accordingly. Responsibilities will include completing profitability reviews, semi-annually, developing (GTS) / maintaining and improving (Environmental) the rating tool, and producing a consistent set of monitoring tools to assess the health of the business. The top candidate will possess strong analytical and communication skills, as well as a proven ability to execute thoroughly in a collaborative environment.

• Portfolio analysis: in-depth reviews of the portfolios composition and profitability
• Rating models: maintenance and improvement of existing models and development of new models as necessary
• Develop a consistent set of monitoring tools to assess the profitability of the business
• Parameter studies: periodic data-driven reviews of pricing parameters
• Clear communication of results of actuarial analyses to underwriters, finance, management, and claims personnel
• Participation in discussions with Underwriters and Claims personnel regarding profitability and strategic direction
• Participation in the reinsurance placement process as necessary
• Responding to ad hoc analysis requests from Underwriting, Claims, and senior management

Qualifications:

• Bachelor's degree required.
• Insurance designations desirable.
• Fellowship in the Casualty Actuarial Society (FCAS) designation required, or comparable actuarial education/designation combined with relevant experience. Typically 0-2 years post-fellowship.
• (Overall) 5-7 years of progressively more responsible experience, including supervisory experience. Strong analytical skills with solid understanding of all casualty actuarial techniques, standards, and assumptions.
• Strong knowledge of insurance operations and the procedures of Financial, Underwriting, Claims, Statistical, Information Technology, Legal, and Sales departments.

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.