Manager, Actuary

Job Locations US-MA-Boston | US-WA-Seattle | US-IL-Chicago | US-CT-Weatogue
ID
2025-73756
Position Type
Full-Time
Minimum Salary
USD $137,000.00/Yr.
Maximum Salary
USD $257,000.00/Yr.
Typical Starting Salary
$160,500-$187,000
Flexible Time Off Annual Accrual - days
20
Application Deadline
1/9/2025

Description

The NA Majors Casualty team is looking for a Manager, Actuary to drive Risk Management segment support within North America. In this role you will aid the business group's profit, growth, and operational objectives by evaluating & monitoring Portfolio performance and completing account pricing for large, complex risks. As owner of segment support you will build knowledge and expertise of the Risk Management portfolio to provide meaningful actuarial analysis around loss drivers, impact of business strategy, mix of business, etc. Driving efficiency and improvement in approaches to pricing Majors risks and tools to enable field underwriting to better understand technical premium will be a focus.  The successful candidate will possess strong analytical and communication skills, as well as a demonstrated ability to execute thoroughly in a collaborative environment.  In this role you will encounter a variety of responsibilities including collaboration with field underwriting, product, business stakeholders, internal LOB pricing partners and other subject matter experts. This position requires a highly organized, self-motivated individual with strong technical as well as verbal and written communication skills.

 

Responsibilities:

  • Work closely with underwriting management, providing pricing and portfolio solutions to support profitability and growth goals.
  • Directly influence and engage in quarterly profit reviews, product planning and strategy evaluations, including quantification of UW strategies.
  • Perform complex actuarial analyses to assist business decision making and strategy development.
  • Enhance and execute large account pricing methods to supplement technical pricing for complex commercial Risk Management accounts. Drive continuous improvement of processes.
  • Provide clear and concise communication of technical actuarial work to underwriters, business stakeholders, and senior leadership along w/external brokers and customers (as needed).
  • Collaborate closely with pricing LOB teams to influence model accuracy and applicability for large, complex risks.  
  • Deliver pricing model updates and portfolio impacts to underwriting partners. Proactively identify training opportunities; create & deliver content accordingly.
  • Manage 2-3 analysts and/or actuarial students.

Qualifications

  • Bachelor's degree required; Fellowship in the Casualty Actuarial Society (FCAS) designation required or comparable actuarial education/designation combined with relevant experience.
  • 5-10 years progressively responsible experience, including supervisory experience
  • Ability to foster teamwork and relationships across organizational line
  • Knowledge of underwriting operations and casualty pricing.
  • 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
  • Strong analytical skills with solid understanding of actuarial techniques, standards, and assumptions.
  • Demonstrated ability to exchange ideas and convey complex information clearly and concisely, both verbally and in writing.

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.

At Liberty Mutual, our goal is to create a workplace where everyone feels valued, supported, and can thrive. We build an environment that welcomes a wide range of perspectives and experiences, with inclusion embedded in

every aspect of our culture and reflected in everyday interactions. This comes to life through comprehensive

benefits, workplace flexibility, professional development opportunities, and a host of opportunities provided through our Employee Resource Groups. Each employee plays a role in creating our inclusive culture, which supports every individual to do their best work. Together, we cultivate a community where everyone can make a meaningful impact for our business, our customers, and the communities we serve.

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

Options

Sorry the Share function is not working properly at this moment. Please refresh the page and try again later.

Need help finding the right job?

We can recommend jobs specifically for you! Click here to get started.