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
The Home Planning & Monitoring team within US Retail Markets (USRM) Risk & Analytics is seeking a Manager, Actuary! Our team is responsible for crafting a holistic and compelling opinion of the loss ratio and top-line as part of the quarterly Plan, as well as analyzing, synthesizing, monitoring, and communicating emerging trends to a broad group of stakeholders.
In this role, you will lead a team of 3 talented analysts to conduct loss analytics, deep dives, and work closely with key stakeholders throughout the org on impactful analyses. You and team will collaborate with multiple teams and functional areas across the organization in the planning-monitoring system, and report findings and recommendations to senior management.
**This role may have in-office requirements depending on candidate location.**
Responsibilities:
- Lead in-depth analyses to explain historical frequency and severity and to forecast future loss trends.
- Provide recommendations to senior management and articulate analytical reasonings, considerations, and risk factors.
- Monitor, investigate, and communicate drivers of results, including plan, variance-to-plan, and trends. Contribute to driving informed opinions on quarterly Plan reforecasts.
- Engage with the planning systems and processes to support well-informed, efficient, and organized planning rounds.
- Lead with purpose and vision; manage and direct analysts and provide coaching and mentoring to analysts on the team and within the department.
- Continuously assess the effectiveness of the tools, reports, and processes, and identify review opportunities.
- Establish relationships and collaborate with cross-functional areas to ensure we are appropriately interpreting, collecting, and generating sound and consistent perspectives.
- Innovate better ways to depict and explain plan changes and monitoring insights.
- Bachelor's degree required; Masters degree preferred.
- Fellowship in the Casualty Actuarial Society (FCAS) or near-FCAS designation preferred.
- 5-10 years progressively responsible experience, including supervisory experience.
- Ability to foster teamwork and relationships across organizational line.
- Knowledge of underwriting concepts including company/agency relationships' importance to the business success.
- Written and verbal communication skills, including the ability to effectively express technical actuarial and statistical concepts to non-technical individuals internal and external to the organization.
- Advanced decision making, problem solving and analytical skills.
- Expands/maintains Actuarial professional knowledge through society (CAS/AAA) publications and meetings/conferences.
**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.