Actuary, Casualty Reinsurance

About the role

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. 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/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; Masters degree preferred.
• Associateship or Fellowship in the Casualty Actuarial Society (ACAS/FCAS) 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.

Benefits

Liberty Mutual offers comprehensive benefits, workplace flexibility, professional development opportunities, and a host of opportunities provided through our Employee Resource Groups. For more details, visit the benefits page: https://www.libertymutualgroup.com/about-lm/careers/benefits

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 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.