Liberty Mutual Holding Company Inc logo

Reinsurance Actuary- Casualty

Liberty Mutual Holding Company Inc
  • Boston, MA
    30+ days ago
    Liberty Mutual Holding Company Inc

    Job Description

    Description

    As a Liberty Mutual Pricing Reinsurance Actuary, you''ll use your analytical talents to resolve thought-provoking business problems and bring value to our customers. You''ll work in a collaborative and dynamic work environment where the challenges are on-going.

    In this position, you will support a business group or company''s profit, growth and operational objectives by performing and reviewing advanced actuarial analyses in pricing Casualty Reinsurance placements supporting various lines of business including Umbrella, Professional Liability, and Multi-line business.

    Responsibilities:

    • Perform complex actuarial analysis within a designated business segment/s to assist business decision making, financial planning, and strategy development.
    • Prepare actuarial research and complex reports and projects present findings and recommendations.
    • Provide clear and concise communication of technical actuarial work to technical and non-technical audiences, and on cross functional teams.
    • Maintain clear and concise documentation of methods and activities.
    • Interact with and provide actuarial technical assistance and information to peers, senior managers, and others within and outside of the organization.
    • Mentor, motivate, and train less experienced staff and peers.
    • Direct the development of actuarial tools.

    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.

    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 Operationsunmatched
    • Business Supportunmatched
    • Cisco ASA (Adaptive Security Appliance)unmatched
    • Communication Skillsunmatched
    • Compensation and Benefitsunmatched
    • Computer Skillsunmatched
    • Cross-Functionalunmatched
    • Documentationunmatched
    • Fellowshipunmatched
    • Financial Planningunmatched
    • Flexible Spending Accountsunmatched
    • Interpersonal Skillsunmatched
    • Legalunmatched
    • Mentoringunmatched
    • Microsoft Excelunmatched
    • Microsoft Officeunmatched
    • Pricingunmatched
    • Reinsuranceunmatched
    • Salesunmatched
    • Statistical Analysis System (SAS)unmatched
    • Statisticsunmatched
    • Strategic Planningunmatched
    • Team Playerunmatched
    • Technical Supportunmatched
    • Underwritingunmatched

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