Liberty Mutual Holding Company Inc logo

Manager, Actuary, Personal Lines Auto Analytics

Liberty Mutual Holding Company Inc
  • Boston, MA
    7 days ago
    Liberty Mutual Holding Company Inc

    Job Description

    Description

    In this position, you will be leading a team whose mission is critical to both top-line and bottom-line performance. You will support profit, growth and operational objectives by providing external actuarial support for key filed product initiatives for the Personal Auto line of business, including state-level rate changes, targeted rate changes, and support of various new products and programs. This involves the initial submission of actuarial justifications, and continued verbal and written negotiations with regulators throughout the objection and approval process. Strong interpersonal and communication skills are essential for interactions both externally and internally.

    In this role, you will perform analysis in pricing and product development and partner with various other functions such as state analytics, planning, rate revision, and countrywide rollout teams. In addition to state level assignments, we establish and promote subject matter expertise in areas such as various data sources and processes used within our group. The candidate will need to be able to provide data and analytical support for projects independently and be a thought partner to internal stakeholders.

    This role may have in-office requirements dependent upon candidate location.

    Responsibilities:

    • Provide actuarial support for state filings for rate and other new initiatives.
    • Lead team of five actuaries / analysts.
    • Provide analytical insight and recommendations to State Directors to inform business decisions.
    • Track state-level requirements for actuarial assumptions in filings and apply them appropriately.
    • Develop subject matter expertise which can be leveraged countrywide.
    • Own continuous improvement of processes to ensure efficiency, accuracy, and effectiveness of external actuarial support that are quickly integrated in daily work routines.
    • Queries data for requests outside of base rate support and drive deep dives on an ad-hoc basis.
    • Communicate effectively with external regulators in writing and verbally, to support business outcomes.

    Qualifications

    • 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.

    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://www.libertymutualgroup.com/about-lm/careers/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
    • Los Angeles Incorporated
    • Los Angeles Unincorporated
    • Philadelphia
    • San Francisco

    Numbers & Facts

    LocationBoston, MA
    IndustryInsurance
    Company Size10,000 employees or more
    Websitehttps://www.libertymutualgroup.com/about-lm/corporate-information/our-business

    About Company

    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.


    In business since 1912, and headquartered in Boston, today we are the eighth largest global property and casualty insurer based on 2023 gross written premium. We also rank 87th on the Fortune 100 list of largest corporations in the US based on 2023 revenue. As of December 31, 2023, we had $49.4 billion in annual consolidated revenue.


    We employ over 40,000 people in 29 countries and economies around the world. We offer a wide range of insurance products and services, including personal automobile, homeowners, specialty lines, reinsurance, commercial multiple-peril, workers compensation, commercial automobile, general liability, surety, and commercial property.

    Skills

    • Actuarial Skillsunmatched
    • Analysis Skillsunmatched
    • Business Supportunmatched
    • Communication Skillsunmatched
    • Compensation and Benefitsunmatched
    • Conferencesunmatched
    • Continuous Improvementunmatched
    • Data Analysisunmatched
    • Fellowshipunmatched
    • Interpersonal Skillsunmatched
    • Negotiation Skillsunmatched
    • People Managementunmatched
    • Presentation/Verbal Skillsunmatched
    • Problem Solving Skillsunmatched
    • Process Improvementunmatched
    • Product Developmentunmatched
    • Product Pricingunmatched
    • Product Programsunmatched
    • Product Supportunmatched
    • Publicationsunmatched
    • Team Lead/Managerunmatched
    • Team Playerunmatched
    • Underwritingunmatched
    • Writing Skillsunmatched

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