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Actuary- GRS NA Short Tail Lines Reserving

Employer
Liberty Mutual Insurance
Location
New York City, New York
Salary
$124,900.00 - $216,100.00
Closing date
Sep 24, 2024
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Category
Actuary
Job Type
Not Specified
Career Level
Not Specified
Workplace
In-Office

Job Details

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

Global Risk Solutions NA Reserving is seeking an Actuary to deliver exceptional analyses for short-tail reserving, financial planning, and natural Catastrophe booking support. This position requires the ability to implement process improvements to align with reserving unit goals and cross-functional requirements. The ideal candidate will have excellent analytical and communication skills, with a proven track record of executing tasks effectively in a collaborative team setting. Additionally, the candidate should possess the ability to prioritize competing priorities, ensuring efficient and timely completion of projects.

**This position may have in-office requirements depending on candidate location.**

Responsibilities:

  • Prepare quarterly reserve adequacy opinions and present recommendations to senior management.
  • Build strong relationships and collaborate closely with Claims, Finance, and Information Management.
  • Participate in annual loss analyses to support the Plan for various lines of business and segments.
  • Assist in monthly Catastrophe projection analysis and financial booking support.
  • Performs special projects as requested.
Qualifications

  • Bachelor's degree or equivalent experience, with 3-5 years of related experience.
  • Associateship in the Casualty Actuarial Society (ACAS) designation required, Fellowship (FCAS preferred).
  • Written and verbal communication skills, including the ability to effectively express technical actuarial and statistical concepts to non-technical individuals.
  • Sound knowledge of actuarial techniques and standards, as well as other business operations including financial, underwriting, legal, statistics, claims, sales, etc.
  • Advanced computing skills (MS Office Excel, SAS, etc.) required.
  • Working knowledge of IWE, TM1, and Smart view database applications is preferred.
About Us

**This position may have in-office requirements depending on candidate location.**

As a purpose-driven organization, Liberty Mutual is committed to fostering an environment where employees from all backgrounds can build long and meaningful careers. Through strong relationships, comprehensive benefits and continuous learning opportunities, we seek to create an environment where employees can succeed, both professionally and personally.

At Liberty Mutual, we believe progress happens when people feel secure. By providing protection for the unexpected and delivering it with care, we help people embrace today and confidently pursue tomorrow.

We are proud to support a diverse, equitable and inclusive workplace, where all 45,000 employees feel a sense of community, belonging and can do their best work. Our seven Employee Resource Groups (ERGs) offer a centralized, open space to bring employees and allies together to connect, learn and engage.

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.

Fair Chance Notices

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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