Note: this role is no longer available. Find roles from actively hiring companies at the link below.
Go Home
Liberty Mutual

Liberty Mutual

Chief Actuary, Casualty and Analytics

Chief Actuary, Casualty and Analytics

Job Details
""
Uploaded On
October 5, 2024
""
Location
Boston, United States
""
Remote?
No
Company Overview
""
Headquarters
Boston, MA
""
Number of Employees
45000
Estimated Number of Actuaries
627
Salary
$
199
k-$
349
k
Glassdoor Ratings
""
Recommend to a Friend
75%
""
Overall Score
3.9 / 5

Find Similar Jobs

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
North America Actuarial and Analytics is looking for a Chief Actuary to lead our Casualty and Analytics Pricing teams. You will create and disseminate the vision for improving the Casualty loss ratio, with responsibility for developing and implementing sophisticated Casualty pricing models- including predictive models. Additionally, you will drive profitable growth across North America by coordinating advanced actuarial analyses for the Casualty lines.

You will also lead teams responsible for curating and exposing data and analytics across North America. You will initiate and direct complex cross-functional analytical projects having broad impact across the business.

Successful candidates will demonstrate the ability to build relationships across functions, including the Leadership team, the broader Actuarial community, technology, and the Office of Underwriting among others. As a leader within North America, you will provide consultation to Executive Leadership regarding pricing, profitability and growth across all relevant lines of business.

Responsibilities:
  • Develop and disseminate vision, goals, and direction of Casualty Pricing throughout the organization
  • Increase Pricing sophistication
  • Provide training and insights necessary to support the effective use of pricing models
  • Oversee work on unusually complex cross-functional and/or cross-organizational problems and provides solutions that are creative & strategic
  • Develop departmental policies and procedures
  • Provide consultation to senior managers and other groups on issues such as pricing, rates, and related matters, the development and use of pricing models/tools, business planning, contingency plans, or other financial studies
  • Monitor and analyze financial results in order to communicate the impact of strategic and operational plans. Develop and revise strategic and tactical plans as necessary to meet corporate objectives and respond to environmental changes.
  • Coordinate across the organization to develop and deliver data for pricing analysis, tool development, and decision making
  • Ensure the organization uses pricing models and data effectively to reach profit and growth objectives.
Qualifications
  • Bachelor's degree required
  • Insurance designations desirable
  • Demonstrated expertise in financial management of a P&C business
  • Fellowship in the Casualty Actuarial Society (FCAS) designation required, or comparable actuarial education/designation combined with relevant experience
  • Ability to participate effectively on the senior management team
  • Strong analytical skills with solid understanding of all casualty actuarial techniques, standards, and assumptions
  • Expert knowledge of insurance operations and P&C insurance business
  • Excellent management and communication skills
  • Strategic thinking and ability to set direction for team
  • Demonstrated ability to exchange ideas and convey complex information clearly and concisely, both verbally and in writing
  • Demonstrated ability to anticipate areas of senior management concern, integrate different perspectives, and respond accordingly
  • Exceptional interpersonal and communication skills required to establish and build effective relationships within and outside the organization
  • Ability to give effective training and presentations to senior management and other groups
  • Demonstrated ability to organize, lead, and get work done through others
  • Ability to develop staff and managers to support succession planning and address on-going talent needs
  • Ability to build and manage talent across the enterprise in conjunction with peers
  • Demonstrated ability to exert influence over senior managers, operating managers, and others on matters of importance to the SBU
About Us
**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
Apply Now

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.

Find Similar Jobs