Liberty Mutual Insurance

Compensation

Full Description

Description The Small Commercial (SC) Market Analytics team within US Retail Markets is seeking an Actuarial Analyst or a Senior Actuarial Analyst to perform quantitative analyses of state-specific non-rate initiatives. This position will work closely with SC State Product analysts and other teams within SC Risk Analytics to identify and evaluate the impacts of potential actions. This position will play a key role in quarterly planning cycles, computing growth and profitability impacts appropriate to different contexts and use cases. The successful candidate will possess excellent analytical and technical skills, is detail-oriented in their work, and will thrive in a collaborative work environment. **This position may have in-office requirements dependent upon candidate location.** Responsibilities: Coordinate with the State Product team on timelines and necessary inputs for proposed non-rate initiatives Work with State Product, Finance, and other teams within SC Risk Analytics to compute growth and profitability impacts in the appropriate contexts Provide support for presentations related to Rate & BME in Plans and Forecasts Perform various ad hoc analyses Continually improve upon tools and processes 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. 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. 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. 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 California Los Angeles Incorporated Los Angeles Unincorporated Philadelphia San Francisco