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Liberty Mutual

Liberty Mutual

Senior Actuarial Analyst - Capital Modeling

Senior Actuarial Analyst - Capital Modeling

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Job Details
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Uploaded On
August 24, 2023
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Location
Boston, Massachusetts United States
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Remote?
No
Salary
$
k-$
k
Glassdoor Ratings
""
Recommend to a Friend
75%
""
Overall Score
3.9 / 5

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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

The Global Risk Solutions (GRS) Capital & ERM group is seeking

a highly motivated individual to join its Capital Modeling group. This

individual will join a small team of capital modelers responsible for designing,

developing, and implementing dynamic financial analysis solutions for the

Global Risk Solutions organization. The team is responsible for extracting

insights from the GRS Capital Model and legal entity models, including

coordinating with Finance, Underwriting, Planning, Performance and Portfolio

Management, Investor Relations and ERM. The successful candidate will have

strong analytical abilities, enjoy developing statistical models and processes,

working with large data sets, and diving deep into drivers of line of business

dynamics.

 

Global Risk Solutions is a leading provider of commercial,

specialty insurance, and reinsurance products, delivering a wide array of

innovative products, deep technical expertise, strong client engagement and

market-leading performance worldwide. The product lines include workers’

compensation, commercial multi-peril, surety bonds, crisis management, marine,

terrorism, management liability, cyber liability, and energy.

 

Responsibilities:

  • Regularly update capital risk loads and rating agency inputs
  • Explain drivers of changes in risk loads and capital
  • Work with Finance to calculate plan capital and net investment income
  • Assist with GRS reinsurance purchasing strategy
  • Implement timely and practical solutions to complex problems
  • Participate in collaborative projects with Finance, Reserving, Pricing, and Underwriting with the goal of better understanding the business and drivers of risk

 

Qualifications
  • 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.
  • Passing grades on a minimum of 5 Casualty Actuarial Exams is required.
  • Minimum 3-5 years Actuarial experience required.
  • 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, etc.).
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-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.

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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.

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