Senior Actuary
Description
Summary
In this position, you will support Middle Market business segments’ profitable growth by performing actuarial and analytical reviews and serving as the trusted advisor to the underwriting leadership team. You'll use your analytical talents to resolve thought-provoking business problems and bring value to our customers. You'll work in a collaborative and dynamic work environment where the challenges are on-going.
Responsibilities:
Support Middle Market profit centers as the trusted advisor for profitable growth and transformation initiatives
Perform actuarial and analytics in the following areas: portfolio analysis, monitoring, diagnostics, and pricing both at transactional and at portfolio level.
Perform indication, maintain/update raters, and support filings for Public Entity Professional Lines products
Support Prof Review, Financial Planning, and strategic business reviews
Manage the data and process for NA renewal segmentation
Collaborate with Pricing, Reserving, Modeling, other Segment Actuarial teams, and Global functions
Support the rater build, filing, and rollout of new product developments
Manage and direct students and analysts.
Qualifications
Bachelor's degree in STEM related field; Masters degree preferred
Fellowship in the Casualty Actuarial Society (FCAS) or near-FCAS designation preferred
5-10 years progressively responsible experience, including supervisory experience
Ability to foster teamwork and relationships across organizational line
Knowledge of insurance products and underwriting concepts.
Written and verbal communication skills, including the ability to effectively express technical actuarial and statistical concepts to non-technical individuals internal and external to the organization
Advanced decision making, problem solving and analytical skills
Expands/maintains Actuarial professional knowledge through society (CAS/AAA) publications and meetings/conferences
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
About the job
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Senior Actuary
Description
Summary
In this position, you will support Middle Market business segments’ profitable growth by performing actuarial and analytical reviews and serving as the trusted advisor to the underwriting leadership team. You'll use your analytical talents to resolve thought-provoking business problems and bring value to our customers. You'll work in a collaborative and dynamic work environment where the challenges are on-going.
Responsibilities:
Support Middle Market profit centers as the trusted advisor for profitable growth and transformation initiatives
Perform actuarial and analytics in the following areas: portfolio analysis, monitoring, diagnostics, and pricing both at transactional and at portfolio level.
Perform indication, maintain/update raters, and support filings for Public Entity Professional Lines products
Support Prof Review, Financial Planning, and strategic business reviews
Manage the data and process for NA renewal segmentation
Collaborate with Pricing, Reserving, Modeling, other Segment Actuarial teams, and Global functions
Support the rater build, filing, and rollout of new product developments
Manage and direct students and analysts.
Qualifications
Bachelor's degree in STEM related field; Masters degree preferred
Fellowship in the Casualty Actuarial Society (FCAS) or near-FCAS designation preferred
5-10 years progressively responsible experience, including supervisory experience
Ability to foster teamwork and relationships across organizational line
Knowledge of insurance products and underwriting concepts.
Written and verbal communication skills, including the ability to effectively express technical actuarial and statistical concepts to non-technical individuals internal and external to the organization
Advanced decision making, problem solving and analytical skills
Expands/maintains Actuarial professional knowledge through society (CAS/AAA) publications and meetings/conferences
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