Pricing Actuary- Majors Account

Description

Excited to make a direct business impact and build close partnerships to win together.

We are seeking a Senior Actuarial Analyst/Actuary responsible for supporting the Risk Management Underwriting teams within Major Accounts. You will be the primary point of

contact and trusted advisor of the Underwriting teams to support complex risk pricing and business strategy development. This position focuses on providing high-quality analyses and effectively communicating key outcomes to support achieving profit, growth, and operational objectives for Risk Management. As such, the successful candidate will possess strong analytical and communication skills, as well as a demonstrated ability to execute thoroughly in a collaborative environment. The position sits within Global Risk Solutions,North America Actuarial and Analytics team.

 

Responsibilities:

 

• Partner with Underwriting to provide account-level pricing support for Casualty lines of business including Auto, GL, and Workers Compensation. 
• Perform complex actuarial analyses to support business decision making, strategy development and results monitoring at the segment level.
• Provide clear and concise communication of technical concepts and work products to underwriters, managers, and senior leadership within Majors Accounts and Actuarial and Analytics.
• Collaborate with Reserving teams to support and influence reserve deep dives.
• Collaborate with Models teams, Analytics, and Technology teams on tools and projects to enhance pricing and influence underwriting strategy.
• Directly influence and engage in quarterly profitability reviews.
• Coach and mentor junior colleagues and perform peer review on work products to maintain high standard of quality.

Qualifications:

• Proven math and analytical skills, as normally acquired through the pursuit of a bachelor's degree in Mathematics, Statistics, Economics, Actuarial Science or related field.
• Minimum 3-5 years relevant experience required.
• Associateship or Fellowship in the Casualty Actuarial Society (ACAS/FCAS) designation preferred.
• Sound knowledge of actuarial techniques and standards, as well as business operations including underwriting, financial, claims, legal etc.
•  Ability to work in a fast paced and dynamic environment, responding to business demands in a changing marketplace.
• Strong communication and interpersonal skills. Ability to deliver effective training and presentations to field staff and senior management.
•  Ability to establish and build effective relationships within and outside the organization.
•  Strong data manipulation skills including the ability to query, consolidate, and test for reasonability needed.
•   Advanced computing skills (MS Office Excel, SAS, etc.) required.

Qualifications

• Bachelor's degree required; Masters Degree preferred.
• Fellowship in the Casualty Actuarial Society (FCAS) or in Society of Actuaries (FSA) designation preferred or comparable education/designation with relevant experience.
• Attaining Associateship alone is not a sufficient criterion to operate at this level, especially if exams have been passed very rapidly.
• 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.); 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.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