Liberty Mutual Insurance

Compensation

Full Description

Description North America Actuarial and Analytics is seeking an Actuarial Analyst to join our Underwriting Support team, supporting the Risk Management and Healthcare segments. In this role you will perform account- and portfolio-level analyses to deliver meaningful insights to underwriters and business leaders, support pricing model updates through impact and dislocation analysis, and develop tools that inform underwriting and pricing strategies for our Major Accounts. You will collaborate closely with underwriting, product, actuarial, and data systems partners to help drive profitability and growth. We’re looking for a highly motivated, detail-oriented self-starter with strong analytical and technical skills who thrives in a collaborative work environment. This position offers opportunities to deepen your expertise in casualty insurance pricing, impact analysis, and portfolio monitoring while also working close to the business and influencing strategic decisions. Key Responsibilities: Own account-level pricing support for major accounts, serving as the subject-matter expert for underwriters on actuarial pricing models. Partner with the Office of Underwriting, Field UW, Finance, Product Management, and Actuarial teams to support portfolio monitoring and ad hoc analyses. Analyze trends, mix shifts, and performance drivers; summarize key insights and implications. Build and enhance analytical tools that inform pricing and portfolio monitoring, managing development through successful implementation. Identify opportunities to streamline processes and improve analytical outputs. Present clear, actionable findings to business partners, managers, and senior leadership; tailor communication to technical and non-technical audiences. Develop and deliver training materials and sessions to ensure effective use of pricing and reporting tools and awareness of model changes and pricing updates. Engage directly with underwriters to facilitate understanding of risk and actuarial pricing models. Collaborate within the pricing team to share knowledge, brainstorm solutions, and solve problems. Develop and maintain working knowledge of casualty data, systems, and processes. Maintain status in Actuarial Development Program. Positive progress towards pursuing and passing of required actuarial exams. Intermediate R, SQL, SAS, or Python programming for data analysis and tool development preferred. **This position may have in-office requirements dependent upon candidate location. ** Qualifications The person hired into this role will become a part of our Actuarial Development Program and will rotate within the first two years of hire as part of the Development Program. A requirement of this program is to make positive progress towards achieving ACAS/FCAS. As an Actuarial Development Program participant, you’ll be a valued member of a collaborative community of actuarial teammates. In this entry-level rotational program, you’ll complete two rotations across a variety of disciplines, including reserving, pricing, modelling, and analytics. This role will count as your first rotation. 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. Commitment to achieving Associateship in the Casualty Actuarial Society. Passing grades on a minimum of 2 Casualty Actuarial Exams is required. Minimum 2-4 years relevant experience required. Prior experience and knowledge of basic actuarial techniques and standards and insurance operations. Solid oral and written and presentation communication skills. Solid interpersonal skills and the ability to work in a team environment as well as independently. Ability to exercise discretion and apply independent judgment and critical thinking skills in execution of assignments. Ability to balance multiple projects with some direction. Intermediate MS Office Excel and SAS skills Ability to build simple models; Programming skills are desirable. About Us 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. At Liberty Mutual, our goal is to create a workplace where everyone feels valued, supported, and can thrive. We build an environment that welcomes a wide range of perspectives and experiences, with inclusion embedded in every aspect of our culture and reflected in everyday interactions. This comes to life through comprehensive benefits, workplace flexibility, professional development opportunities, and a host of opportunities provided through our Employee Resource Groups. Each employee plays a role in creating our inclusive culture, which supports every individual to do their best work. Together, we cultivate a community where everyone can make a meaningful impact for our business, our customers, and the communities we serve. 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 California Los Angeles Incorporated Los Angeles Unincorporated Philadelphia San Francisco