Actuary - Homeowners Countrywide Indications
Description
The Homeowners Countrywide (CW) Indications team within US Retail Markets (USRM) Risk Analytics conducts critical analyses and provides recommendations to drive profitable growth in the $9B+ US Personal Lines (PL) Homeowners line of business. The key responsibility for this role will be to produce accurate Homeowners internal indications on a quarterly basis, incorporating internal and industry trends and performing ad hoc analyses to assess profitability concerns. This is a highly visible role with the opportunity to problem solve, develop line of business expertise, and influence the broader organization. It will require close collaboration with analytical teams throughout the organization and the ability to clearly set and communicate our go-forward strategy. This role will be part of a team of 4 analysts and report to the Homeowners CW Indications manager.
**This role may have in-office requirements dependent upon candidate location.**
In this role, you can expect to:
Perform complex quarterly CW Indication which directly impacts company pricing and UW decisions.
Develop deep understanding of profit projections. Individually and in partnership with teams across the organization, critically examine peril-level loss trends, weather/CAT loads, premium trends, expense levels, initiative impacts and customer mix changes.
Determine a range of reasonable outcomes given assumption uncertainty and support our pricing selections to Product leadership and stakeholders.
Research, propose, and build out improvements to the indications process.
Work closely with Forecast, Reserving, and State Indications teams to ensure consistency of methodologies.
Communicate indications changes and implications to peer teams and senior leaders within the organization.
Mentor, motivate, and train less experienced staff and peers.
Qualifications
Bachelor's degree required; Master’s degree preferred.
Associateship or Fellowship in the Casualty Actuarial Society (ACAS/FCAS) designation preferred or comparable education/designation with relevant experience.
Minimum 5-7 years relevant experience required.
Sound knowledge of actuarial techniques and standards, as well as other business operations including financial, underwriting, legal, statistics, claims, sales, etc.
Advanced communication and interpersonal skills and ability to build relationships and interact effectively with others within and outside the organization.
Ability to motivate and mentor peers and motivate and train subordinates.
Advanced computing skills (MS Office Excel, SAS, etc.) with ability to build complex models.
About Us
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. 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 dedicated to fostering an inclusive environment where employees from all backgrounds can build long and meaningful careers. By actively seeking employee feedback and amplifying the voices of our seven Employee Resource Groups (ERGs), which are open to all, we create an environment where every individual can make a meaningful impact so we continue to meet the evolving needs of our customers. 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
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Actuary - Homeowners Countrywide Indications
Description
The Homeowners Countrywide (CW) Indications team within US Retail Markets (USRM) Risk Analytics conducts critical analyses and provides recommendations to drive profitable growth in the $9B+ US Personal Lines (PL) Homeowners line of business. The key responsibility for this role will be to produce accurate Homeowners internal indications on a quarterly basis, incorporating internal and industry trends and performing ad hoc analyses to assess profitability concerns. This is a highly visible role with the opportunity to problem solve, develop line of business expertise, and influence the broader organization. It will require close collaboration with analytical teams throughout the organization and the ability to clearly set and communicate our go-forward strategy. This role will be part of a team of 4 analysts and report to the Homeowners CW Indications manager.
**This role may have in-office requirements dependent upon candidate location.**
In this role, you can expect to:
Perform complex quarterly CW Indication which directly impacts company pricing and UW decisions.
Develop deep understanding of profit projections. Individually and in partnership with teams across the organization, critically examine peril-level loss trends, weather/CAT loads, premium trends, expense levels, initiative impacts and customer mix changes.
Determine a range of reasonable outcomes given assumption uncertainty and support our pricing selections to Product leadership and stakeholders.
Research, propose, and build out improvements to the indications process.
Work closely with Forecast, Reserving, and State Indications teams to ensure consistency of methodologies.
Communicate indications changes and implications to peer teams and senior leaders within the organization.
Mentor, motivate, and train less experienced staff and peers.
Qualifications
Bachelor's degree required; Master’s degree preferred.
Associateship or Fellowship in the Casualty Actuarial Society (ACAS/FCAS) designation preferred or comparable education/designation with relevant experience.
Minimum 5-7 years relevant experience required.
Sound knowledge of actuarial techniques and standards, as well as other business operations including financial, underwriting, legal, statistics, claims, sales, etc.
Advanced communication and interpersonal skills and ability to build relationships and interact effectively with others within and outside the organization.
Ability to motivate and mentor peers and motivate and train subordinates.
Advanced computing skills (MS Office Excel, SAS, etc.) with ability to build complex models.
About Us
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. 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 dedicated to fostering an inclusive environment where employees from all backgrounds can build long and meaningful careers. By actively seeking employee feedback and amplifying the voices of our seven Employee Resource Groups (ERGs), which are open to all, we create an environment where every individual can make a meaningful impact so we continue to meet the evolving needs of our customers. 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