Note: this role is no longer available. Find roles from actively hiring companies at the link below.
Go Home
Liberty Mutual

Liberty Mutual

Senior Actuarial Analyst/ Actuary - Corporate Reserving

Senior Actuarial Analyst/ Actuary - Corporate Reserving

Apply Now
Job Details
""
Uploaded On
June 29, 2023
""
Location
Boston, United States
""
Remote?
No
Salary
$
k-$
k
Glassdoor Ratings
""
Recommend to a Friend
75%
""
Overall Score
3.9 / 5
[ Description

Corporate Actuarial Reserving is seeking an inquisitive and innovative Senior Actuarial Analyst or Actuary 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 executing 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, as well as a demonstrated ability to execute thoroughly in a collaborative environment.

Responsibilities
  • Partner with SBUs (Actuarial, Claims, Underwriting) to understand impacts of initiatives and book of business changes, and incorporate into ongoing reserve analyses
  • Conduct second opinion reserve reviews with an eye to generating business insights.
  • Clearly communicate results and methods to Corporate and SBU management
  • Maintain clear and concise documentation of methods and activities
  • Develop effective tools for monitoring internal and external indications
  • Build and implement process improvement initiatives
  • Manage ad hoc projects, collaborating with team members
  • If applicable, positive progress towards pursuing and passing of required actuarial exams


Please note this posting is open to multiple locations or remote. Compensation will vary based on location, experience and education.

Qualifications

  • Bachelor's degree required.
  • Minimum of 3-5 years relevant experience along with passing grades on a minimum of 5 Casualty Actuarial Exams is required for Sr. Actuarial Analyst grade level.
  • Minimum of 5-7 years relevant experience along with ACAS or FCAS is required for Actuary grade level.
  • 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.


About Us

At Liberty Mutual, our purpose is to help people embrace today and confidently pursue tomorrow. That's why we provide an environment focused on openness, inclusion, trust and respect. Here, you'll discover our expansive range of roles, and a workplace where we aim to help turn your passion into a rewarding profession.

Liberty Mutual has proudly been recognized as a "Great Place to Work" by Great Place to Work® US for the past several years. We were also selected as one of the "100 Best Places to Work in IT" on IDG's Insider Pro and Computerworld's 2020 list. For many years running, we have been named by Forbes as one of America's Best Employers for Women and one of America's Best Employers for New Graduates-as well as one of America's Best Employers for Diversity. To learn more about our commitment to diversity and inclusion please visit: https://jobs.libertymutualgroup.com/diversity-equity-inclusion/

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. ]
Apply Now

Working at 

Liberty Mutual

Liberty Mutual is a leading insurance company in the United States that offers a wide range of insurance products, including home, auto, and business insurance. The company was founded in 1912 and has grown to become one of the largest and most respected insurance providers in the country. Liberty Mutual is known for its commitment to customer service and for providing high-quality coverage options to its policyholders. In addition to traditional insurance products, the company also offers a range of specialty coverage options and risk management solutions to meet the diverse needs of its customers. Liberty Mutual has a strong presence in the United States and has offices and operations in several other countries around the world.