Actuary or Capital Modeler- Commercial Lines
Liberty Mutual Insurance
Actuary or Capital Modeler- Commercial Lines
United States · 1mo ago
Workers CompCommercial PropertyCyberGeneral Liability
Closed
Role Summary
Role type
Capital and risk analytics specialist
Closer to a capital and risk strategy role than a pure modeling-heavy IC position because the models support enterprise underwriting risk decisions and broader analytics uses.
Senior P&C actuarial and capital modeling role with Liberty Mutual’s Global Risk Solutions team in the United States. You’ll develop, parameterize, validate, and improve underwriting risk models across commercial and specialty lines, using large datasets and statistical techniques while partnering with underwriting and actuarial stakeholders.
Requirements
Must have
- Bachelor's degree in a quantitative field (Mathematics, Actuarial Science, Statistics, Finance, Economics, or similar)
- Minimum 5-7 years of relevant experience
- Excellent quantitative analysis and modeling skills
- Very strong understanding of risk characteristics of the insurance industry
- Excellent understanding of basic financial concepts and metrics, including financial statement analysis
Strongly preferred
- Very strong analytical skills with solid understanding of core casualty actuarial methods, techniques, and standards
- Expert in MS Excel and experience coding
- 8 to 10 years of relevant experience
- Significant experience in an analytical capacity (financial analysis, product management, actuarial, underwriting, etc.)
- Comfort with solving new problems and generating ideas for improving existing processes
Nice to have
- Experience with VBA, Capital modeling software, R, and Python
- Experience with stochastic financial modeling and forecasting
- Experience parameterizing reserve risk and UW risk
- Advanced degree (MBA) and/or professional qualification in risk management
- Working knowledge of ERM-related regulatory frameworks (Solvency II, NAIC ORSA, ComFrame)
Skills & Domain
ToolsExcel
DomainCasualty actuarial methods and techniquesRisk characteristics of insurance industryQuantitative analysis and modeling in insurance