Senior Actuarial Analyst / Actuary - Corporate Reserving

Corporate Actuarial Reserving is seeking an inquisitive and innovative Senior Actuarial Analyst to act as an internal consultant by providing independent and well-reasoned perspective on and quantification of the most pressing and difficult reserving problems faced by Liberty Mutual. This is a high visibility role where the successful candidate will present business insights to senior actuaries across the organization and prepare materials for the Corporate Chief Actuary to use in quarterly meetings with Executive Leaders for the purposes of influencing business decisions. The position provides exposure to all lines of business. Primary responsibilities include demonstrating thoughtful execution of second opinion Actuarial reserve studies and the development of reserve monitoring tools, so that Senior Management can take accelerated action. The successful candidate will possess strong analytical and communication skills.

Responsibilities:

• Partner with SBUs (Actuarial, Claims, Underwriting) to understand impacts of initiatives, book of business mix shifts and external environment changes for the purpose of incorporation into reserve analyses.
• Provide thoughtful execution of second opinion reserve reviews with an eye to generating business insights.
• Clearly communicate results and methods to Corporate and SBU management for the purpose of influencing the business.
• Maintain clear and concise documentation of methods and activities.
• Develop effective tools for monitoring internal and external indications.
• Build and implement process improvement initiatives.

Depending on location this may be a hybrid position and will require a minimum of 2 days in office. Hybrid locations include:

Boston MA, Portsmouth NH, Seattle WA, Columbus OH, Plano TX

Remote candidates will be considered as well.

Qualifications

• Commitment to achieving Associateship or Fellowship in the Casualty Actuarial Society.
• 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.

Senior Actuarial Analyst: Bachelors Degree, min 3 years of experience, and passing grades on a minimum of 5 Casualty Actuarial Exams is required

Actuary: Bachelors Degree, min 5 years of experience with ACAS or FCAS is required

About Us
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 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

• California
• Los Angeles Incorporated
• Los Angeles Unincorporated
• Philadelphia
• San Francisco