Pricing Actuary- Majors Account
Description
Excited to make a direct business impact and build close partnerships to win together.
We are seeking a Senior Actuarial Analyst/Actuary responsible for supporting the Risk Management Underwriting teams within Major Accounts. You will be the primary point of
contact and trusted advisor of the Underwriting teams to support complex risk pricing and business strategy development. This position focuses on providing high-quality analyses and effectively communicating key outcomes to support achieving profit, growth, and operational objectives for Risk Management. As such, the successful candidate will possess strong analytical and communication skills, as well as a demonstrated ability to execute thoroughly in a collaborative environment. The position sits within Global Risk Solutions,North America Actuarial and Analytics team.
Responsibilities:
- Partner with Underwriting to provide account-level pricing support for Casualty lines of business including Auto, GL, and Workers Compensation.
- Perform complex actuarial analyses to support business decision making, strategy development and results monitoring at the segment level.
- Provide clear and concise communication of technical concepts and work products to underwriters, managers, and senior leadership within Majors Accounts and Actuarial and Analytics.
- Collaborate with Reserving teams to support and influence reserve deep dives.
- Collaborate with Models teams, Analytics, and Technology teams on tools and projects to enhance pricing and influence underwriting strategy.
- Directly influence and engage in quarterly profitability reviews.
- Coach and mentor junior colleagues and perform peer review on work products to maintain high standard of quality.
- 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.
- Minimum 3-5 years relevant experience required.
- Associateship or Fellowship in the Casualty Actuarial Society (ACAS/FCAS) designation preferred.
- Sound knowledge of actuarial techniques and standards, as well as business operations including underwriting, financial, claims, legal etc.
- Ability to work in a fast paced and dynamic environment, responding to business demands in a changing marketplace.
- Strong communication and interpersonal skills. Ability to deliver effective training and presentations to field staff and senior management.
- Ability to establish and build effective relationships within and outside the organization.
- Strong data manipulation skills including the ability to query, consolidate, and test for reasonability needed.
- Advanced computing skills (MS Office Excel, SAS, etc.) required.
- Bachelor's degree required; Masters Degree preferred.
- Fellowship in the Casualty Actuarial Society (FCAS) or in Society of Actuaries (FSA) designation preferred or comparable education/designation with relevant experience.
- Attaining Associateship alone is not a sufficient criterion to operate at this level, especially if exams have been passed very rapidly.
- Minimum 5-7 years relevant experience required;
- Sound knowledge of actuarial techniques and standards, as well as other business operations including financial, underwriting, legal, statistics, claims, sales, etc.
- Advanced communication and interpersonal skills and ability to build relationships and interact effectively with others within and outside the organization.
- Ability to motivate and mentor peers and motivate and train subordinates;
- Advanced computing skills (MS Office Excel, SAS, etc.); Ability to build complex models.
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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.
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 dedicated to fostering an inclusive environment where employees from all backgrounds can build long and meaningful careers. By actively seeking employee feedback and amplifying the voices of our seven Employee Resource Groups (ERGs), which are open to all, we create an environment where every individual can make a meaningful impact so we continue to meet the evolving needs of our customers.
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
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Perks and Benefits
Health and Wellness
- Long-Term Disability
- FSA
- HSA With Employer Contribution
- HSA
- Health Insurance
- Dental Insurance
- Vision Insurance
- Life Insurance
- Short-Term Disability
- Mental Health Benefits
Parental Benefits
- Birth Parent or Maternity Leave
- Non-Birth Parent or Paternity Leave
- Fertility Benefits
- Adoption Assistance Program
- Family Support Resources
- Adoption Leave
Work Flexibility
- Flexible Work Hours
- Remote Work Opportunities
- Hybrid Work Opportunities
Office Life and Perks
- Happy Hours
- Snacks
- On-Site Cafeteria
- Casual Dress
- Holiday Events
Vacation and Time Off
- Personal/Sick Days
- Paid Holidays
- Paid Vacation
- Volunteer Time Off
- Leave of Absence
Financial and Retirement
- Performance Bonus
- 401(K) With Company Matching
- Financial Counseling
Professional Development
- Mentor Program
- Promote From Within
- Learning and Development Stipend
- Tuition Reimbursement
- Internship Program
- Associate or Rotational Training Program
- Access to Online Courses
- Lunch and Learns
- Shadowing Opportunities
Diversity and Inclusion
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