Actuary

Job Locations US-MA-Boston | US-Remote
ID
2025-71123
Position Type
Full-Time
Minimum Salary
USD $117,000.00/Yr.
Maximum Salary
USD $221,000.00/Yr.
Flexible Time Off Annual Accrual - days
20

Description

The NA Majors Casualty team is seeking an Actuary to lead cross-segment portfolio support initiatives within the team. In this job, you will play a critical role in advancing the Majors profitability, growth, and operational objectives by delivering innovative, data-driven portfolio solutions. You will be responsible for designing and implementing an enhanced loss monitoring & analytics framework, maintaining and improving supplemental pricing tools, creating new processes and tools to support segment level profit reviews and strategy evaluation, as well as contributing to other cross segment initiatives. The role requires strong technical and analytical skills, innovative thinking, effective communication, and the ability to execute within a highly collaborative environment. A highly organized, self-motivated individual with technical expertise and strong verbal and written communication skills will succeed in this role.

 

Responsibilities:

  • Work closely with Majors underwriting management, developing cross segment portfolio solutions to support profitability and growth goals.
  • Design and implement an enhanced Majors loss monitoring and analytics framework.
  • Maintain and enhance supplemental Majors pricing tools. Drive continuous improvement of processes and methodology.
  • Create new tools and processes to support quarterly profit reviews, product planning and strategy evaluations, including quantification of UW strategies.
  • Partner closely with the Majors segment support teams to design and develop standardized tools and exhibits.
  • Collaborate with Data Solutions and NA Data Office to bring new data solutions to the team, streamline/automate processes, and optimize dashboards.
  • Partner with other actuarial teams to build upon portfolio segmentation (RAMP) framework, enhancing existing framework for Majors.
  • Perform analyses to assist with business evaluation, decision making and strategy development.
  • Provide clear and concise communication of technical work to underwriters, business stakeholders, and senior leadership.
  • Proactively identify training opportunities; create & deliver content accordingly.

Qualifications

  • Bachelor's degree required; Master’s degree preferred.
  • Associateship or Fellowship in the Casualty Actuarial Society (ACAS/FCAS) or in Society of Actuaries (ASA/FSA) designation preferred or comparable education/designation with relevant experience.
  • Minimum 5-7 years relevant experience required.
  • Sound knowledge of actuarial techniques and standards, as well as other business operations including financial, underwriting, legal, statistics, claims, sales, etc.
  • Advanced communication and interpersonal skills and ability to build relationships and interact effectively with others within and outside the organization.
  • Ability to motivate and mentor peers and motivate and train subordinates.
  • Advanced computing skills (MS Office Excel, SAS, etc.) with ability to build complex models.
  • Experience with Python or R preferred

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

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