Actuary or Capital Modeler- Commercial Lines
Liberty Mutual Insurance
Actuary or Capital Modeler- Commercial Lines
United States · Today
Workers CompCommercial PropertyCommercial AutoMulti Line
- Salary
- $120k - $225k
- Experience
- 5+ Years
Role Summary
Role type
Capital and risk strategy modeler
Closer to capital and ERM strategy than a pure modeling-heavy IC role because the models are intended to guide underwriting risk decisions across the business.
Senior P&C capital modeling and risk analytics role with Liberty Mutual’s Global Risk Solutions team in the United States. You’ll develop, parameterize, validate, and communicate commercial-lines underwriting risk models using large datasets, statistical methods, and financial modeling techniques.
Requirements
Must have
- Minimum 5-7 years relevant experience
- Very strong analytical skills with solid understanding of core casualty actuarial methods, techniques, and standards
- Expert in MS Excel and experience coding
- Excellent quantitative analysis and modeling skills
- Very strong understanding of the risk characteristics of insurance industry
- Excellent understanding of basic financial concepts and metrics, including financial statement analysis
Strongly preferred
- Bachelor's degree or higher in Mathematics, Actuarial Science, Statistics, Finance, Economics, or similar
- 8 to 10 years of relevant experience
- Significant experience in an analytical capacity (financial analysis, product management, actuarial, underwriting, etc)
Nice to have
- Experience with Visual Basic for Applications (VBA) and Capital modeling software, R, and Python
- Experience with stochastic financial modeling and forecasting
- Experience parameterizing reserve risk and UW risk
- Working knowledge of ERM-related regulatory frameworks (Solvency II, NAIC ORSA, ComFrame)
Skills & Domain
ToolsExcel
DomainCasualty actuarial methods and techniquesReserve risk and UW risk parameterizationStochastic financial modeling and forecastingCommercial lines insurance risk characteristicsERM-related regulatory frameworks (Solvency II, NAIC ORSA)