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
US Retail Market Reserving is seeking an actuarial analyst who, under general direction, will be responsible for implementing various actuarial analyses, programs, and procedures to support the formulation of reserving recommendations regarding Personal Lines Property and Specialty products. This person will communicate findings to actuaries and management and provide support to actuaries by performing reserve analysis within designated business segments to assist business decision making, financial planning, and strategy development. A successful candidate possesses strong analytical, critical thinking, and communication skills and is able to, under general direction, synthesize information from multiple sources to piece together a clear, cohesive reserve opinion to present to senior leadership. Travel maybe up to 10%.

• Protect the integrity of the balance sheet by performing risk-focused reserve reviews and deep dives for areas of concern. Work collaboratively with Actuarial Modeling, Claims, and Product to identify and quantify risk to reserve opinions
• Produce and present quarterly reserving analyses to Chief Actuaries; maintain and update reserving templates
• Assist in building and implementing process improvement initiatives in collaboration with line of business teams and cross-functional stakeholders
• Assist with planning work including Baseline Pure Premium selections

• 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 Fellowship in the Casualty Actuarial Society.
• Passing grades on a minimum of 2 Casualty Actuarial Exams is required.
• Minimum 2-4 years relevant experience required.
• Prior experience and knowledge of basic actuarial techniques and standards and insurance operations.
• Solid oral and written and presentation communication skills.
• Solid interpersonal skills and the ability to work in a team environment as well as independently.
• Ability to exercise discretion and apply independent judgment and critical thinking skills in execution of assignments.
• Ability to balance multiple projects with some direction.
• Intermediate MS Office Excel and SAS skills
• Ability to build simple models; Programming skills are desirable.

• California
• San Francisco
• Los Angeles
• Philadelphia