Support the North American Specialty (NAS) Environmental business's profit, growth and operational objectives by performing advanced actuarial pricing analyses. The role will involve working closely with the Senior Actuary and Underwriters to understand drivers of business performance and develop appropriate portfolio level pricing strategies accordingly. Primary responsibilities will include completing profitability reviews, semi-annually, developing, maintaining, and enhancing rating tools, and producing a consistent set of monitoring tools to assess the health of the business. The successful candidate will possess strong analytical and communication skills, as well as a demonstrated ability to execute thoroughly in a collaborative environment.ResponsibilitiesPortfolio analysis: in-depth reviews of the portfolio’s composition and profitabilityRating models: maintenance and enhancement of existing models and development of new models as necessaryParameter studies: periodic data-driven reviews of pricing parametersClear communication of results of actuarial analyses to underwriters, finance, management, and claims personnelParticipation in discussions with lead Underwriters and Claims personnel regarding profitability and strategic directionParticipation in the reinsurance placement process as necessaryResponding to ad hoc analysis requests from Underwriting, Claims, and senior managementBachelor'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.Pay Philosophy: The typical starting salary range for this role isdeterminedbya number offactors including skills, experience, education,certificationsand location. The full salary range for this role reflects the competitive labor market value for all employees in these positions across the national market andprovidesan 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 factorsset forth inthe 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 Mutualisan equal opportunity employer. We will not tolerate discriminationon the basis ofrace, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran's status, pregnancy, genetic information or on any basis prohibited by federal,stateor local law. Fair Chance Notices CaliforniaLos Angeles IncorporatedLos Angeles UnincorporatedPhiladelphiaSan Francisco
Job Title
Actuary