Senior Actuarial Analyst - Auto Planning & Monitoring
Description
The Auto Planning & Monitoring team within USRM Risk & Analytics is seeking a talented Senior Actuarial Analyst! Our team is responsible for crafting a holistic and compelling opinion of the loss ratio and topline as part of the quarterly Plan, as well as analyzing, synthesizing, monitoring, and communicating emerging trends to a broad group of stakeholders.
In this role, you will collaborate with multiple teams and functional areas across the organization in the planning & monitoring system. You will work as part of the team that supports the development of financial forecasts via key opinions and communicates insights and findings to a broad group of stakeholders as well as senior leadership. You will own the maintenance and building of critical tools used to upload quarterly forecasts and explain key planning metrics (written premium, policies in force, frequency,
severity, loss ratio) and how those are built up from the broader team’s analysis.
**This role may have in-office requirements dependent upon candidate location.**
Responsibilities:
Provide recommendations for and assist in the creation and maintenance of tools and dashboards that support the quarterly forecast upload and monthly monitoring of loss and premium trends.
Monitor, investigate, and communicate drivers of results, including plan, variance-to-plan, and trends, through both the scheduled and ad-hoc processes.
Ensure the timely delivery of planning and monitoring deliverables.
Support claim volume forecasting.
Perform ad hoc deep dives and requests spanning topics across the topline and loss teams.
Effectively collaborate with cross-functional areas; appropriately interpret, collect, and generate sound and consistent perspectives.
Provide clear and concise communication of technical work to broad audiences, cross-functionally, and to senior leadership. Innovate better ways to depict and explain plan changes and monitoring insights.
While leveraging analytical, financial, and operational knowledge, utilize advanced data skills and tools, such as SAS, SQL, Snowflake, VBA, and PowerBI, to drive analytical and process improvements.
Provide mentorship to junior members of the team.
If applicable, positive progress toward pursuing and passing of required actuarial exams.
Qualifications
Proven math and analytical skills, as normally acquired through the pursuit of a Bachelor’s degree in Mathematics, Statistics, Economics, Actuarial Science, or related field.
Commitment to achieving Associateship or Fellowship in the Casualty Actuarial Society.
Passing grades on a minimum of 5 Casualty Actuarial Exams is required.
Minimum 3-5 years relevant experience required.
Prior experience and solid knowledge of actuarial techniques and standards, as well as other business operations including financial, underwriting, legal, statistics, claims, sales, etc.
Solid oral and written and presentation communication skills and ability to interact effectively within and outside the organization.
Solid interpersonal skills and the ability to work in a team environment as well as independently.
Ability to motivate and mentor peers and motivate and train subordinates.
Ability to exercise discretion, and apply independent judgment and well-developed critical thinking skills in execution of assignments and projects.
Ability to balance multiple projects with minimal direction.
Advanced computing skills (MS Office Excel, SAS, etc.); Ability to build models of moderate complexity.
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. At Liberty Mutual, our goal is to create a workplace where everyone feels valued, supported, and can thrive. We build an environment that welcomes a wide range of perspectives and experiences, with inclusion embedded in every aspect of our culture and reflected in everyday interactions. This comes to life through comprehensive benefits, workplace flexibility, professional development opportunities, and a host of opportunities provided through our Employee Resource Groups. Each employee plays a role in creating our inclusive culture, which supports every individual to do their best work. Together, we cultivate a community where everyone can make a meaningful impact for our business, our customers, and the communities we serve. 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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Senior Actuarial Analyst - Auto Planning & Monitoring
Description
The Auto Planning & Monitoring team within USRM Risk & Analytics is seeking a talented Senior Actuarial Analyst! Our team is responsible for crafting a holistic and compelling opinion of the loss ratio and topline as part of the quarterly Plan, as well as analyzing, synthesizing, monitoring, and communicating emerging trends to a broad group of stakeholders.
In this role, you will collaborate with multiple teams and functional areas across the organization in the planning & monitoring system. You will work as part of the team that supports the development of financial forecasts via key opinions and communicates insights and findings to a broad group of stakeholders as well as senior leadership. You will own the maintenance and building of critical tools used to upload quarterly forecasts and explain key planning metrics (written premium, policies in force, frequency,
severity, loss ratio) and how those are built up from the broader team’s analysis.
**This role may have in-office requirements dependent upon candidate location.**
Responsibilities:
Provide recommendations for and assist in the creation and maintenance of tools and dashboards that support the quarterly forecast upload and monthly monitoring of loss and premium trends.
Monitor, investigate, and communicate drivers of results, including plan, variance-to-plan, and trends, through both the scheduled and ad-hoc processes.
Ensure the timely delivery of planning and monitoring deliverables.
Support claim volume forecasting.
Perform ad hoc deep dives and requests spanning topics across the topline and loss teams.
Effectively collaborate with cross-functional areas; appropriately interpret, collect, and generate sound and consistent perspectives.
Provide clear and concise communication of technical work to broad audiences, cross-functionally, and to senior leadership. Innovate better ways to depict and explain plan changes and monitoring insights.
While leveraging analytical, financial, and operational knowledge, utilize advanced data skills and tools, such as SAS, SQL, Snowflake, VBA, and PowerBI, to drive analytical and process improvements.
Provide mentorship to junior members of the team.
If applicable, positive progress toward pursuing and passing of required actuarial exams.
Qualifications
Proven math and analytical skills, as normally acquired through the pursuit of a Bachelor’s degree in Mathematics, Statistics, Economics, Actuarial Science, or related field.
Commitment to achieving Associateship or Fellowship in the Casualty Actuarial Society.
Passing grades on a minimum of 5 Casualty Actuarial Exams is required.
Minimum 3-5 years relevant experience required.
Prior experience and solid knowledge of actuarial techniques and standards, as well as other business operations including financial, underwriting, legal, statistics, claims, sales, etc.
Solid oral and written and presentation communication skills and ability to interact effectively within and outside the organization.
Solid interpersonal skills and the ability to work in a team environment as well as independently.
Ability to motivate and mentor peers and motivate and train subordinates.
Ability to exercise discretion, and apply independent judgment and well-developed critical thinking skills in execution of assignments and projects.
Ability to balance multiple projects with minimal direction.
Advanced computing skills (MS Office Excel, SAS, etc.); Ability to build models of moderate complexity.
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. At Liberty Mutual, our goal is to create a workplace where everyone feels valued, supported, and can thrive. We build an environment that welcomes a wide range of perspectives and experiences, with inclusion embedded in every aspect of our culture and reflected in everyday interactions. This comes to life through comprehensive benefits, workplace flexibility, professional development opportunities, and a host of opportunities provided through our Employee Resource Groups. Each employee plays a role in creating our inclusive culture, which supports every individual to do their best work. Together, we cultivate a community where everyone can make a meaningful impact for our business, our customers, and the communities we serve. 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