Actuarial Analyst or SR Actuarial Analyst - GRM Product Specialty Economics
- Employer
- Liberty Mutual Insurance
- Location
- Boston, Massachusetts
- Salary
- Not Specified
- Closing date
- Nov 17, 2019
View more
- Category
- Actuary, Product Manager
- Job Type
- Not Specified
- Career Level
- Not Specified
Job Details
Advance your Actuarial career at Liberty Mutual Insurance - A Fortune 100 Company!
The Global Retail Markets Product Specialty Economics team is looking for a highly motivated and analytical individual to assess the overall book profitability and growth of a PL Specialty line. The key responsibility of this role will be to develop country wide and state rate plans, develop CW and state internal indications and provide external actuarial support to Departments of Insurance for the filed Product initiatives. This includes new program introductions. In this role, you will effectively communicate and collaborate across all Global Retail Markets Economic teams to ensure Specialty lines demonstrate lead-line tools, processes and analytical approaches as appropriate.
Responsibilities:
- Oversee a Specialty line of business to ensure a path to profitability, including projecting trends, evaluating reserve opinions and assessing claims development data.
- Develop CW and state internal indications, which bring together the impacts of trends, rate strategy and other product actions into a cohesive perspective online of business health.
- Provide actuarial support for Specialty state filings for rate and other new initiatives.
- Track state-level requirements for actuarial assumptions in filings and apply them appropriately as needed.
- Communicate results and build tools to help key partners better understand the profitability of their line.
Qualifications:
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.
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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