Actuary, Casualty Reinsurance

About the role

As a 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 ongoing. 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.

The ideal candidate will be based in one of our key hub locations: Boston, MA; New York, NY; Stamford, CT; or Chicago, IL. Relocation assistance may be available for the right candidate.

Responsibilities

• Perform complex actuarial analysis within a designated business segment 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.

Requirements

• Bachelor's degree required; Master's degree preferred.
• Associateship or Fellowship in the Casualty Actuarial Society (ACAS/FCAS) or comparable education/designation with relevant experience.
• Minimum 5-7 years of relevant experience.
• Sound knowledge of actuarial techniques and standards, as well as other business operations including financial, underwriting, legal, statistics, claims, and sales.
• 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 train subordinates.
• Advanced computing skills (MS Office Excel, SAS, etc.) with ability to build complex models.

About Us

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.

Pay

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.

Benefits

We value your hard work, integrity, and commitment to making things better, and we put people first by offering 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.