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
Job Summary:
Global Risk Solutions NA Reserving is seeking an Actuary to deliver exceptional analyses for short-tail reserving, financial planning, and natural Catastrophe booking support. This position requires the ability to implement process improvements to align with reserving unit goals and cross-functional requirements. The ideal candidate will have excellent analytical and communication skills, with a proven track record of executing tasks effectively in a collaborative team setting. Additionally, the candidate should possess the ability to prioritize competing priorities, ensuring efficient and timely completion of projects.
Responsibilities:
- Prepare quarterly reserve adequacy opinions and present recommendations to senior management.
- Build strong relationships and collaborate closely with Claims, Finance, and Information Management.
- Participate in annual loss analyses to support the Plan for various lines of business and segments.
- Assist in monthly Catastrophe projection analysis and financial booking support.
- Performs special projects as requested.
Qualifications:
- Bachelor's degree or equivalent experience, with 3-5 years of related experience.
- Associateship in the Casualty Actuarial Society (ACAS) designation required, Fellowship (FCAS preferred).
- Written and verbal communication skills, including the ability to effectively express technical actuarial and statistical concepts to non-technical individuals.
- Sound knowledge of actuarial techniques and standards, as well as other business operations including financial, underwriting, legal, statistics, claims, sales, etc.
- Advanced computing skills (MS Office Excel, SAS, etc.) required.
- Working knowledge of IWE, TM1, and Smart view database applications is preferred.
**This position may have in-office requirements depending on candidate location.**
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.
Fair Chance Notices
- California
- San Francisco
- Los Angeles
- Philadelphia
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.