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.
DescriptionThe Small Commercial (SC) Property/BOP Internal Indication team within US Retail Markets is currently searching for a Senior Actuarial Analyst to play a crucial role in developing Property Indications. This work is essential for understanding loss drivers and supporting both short and long-term business strategies and rate decisions. Additionally, as a Senior Actuarial Analyst, you will have the opportunity to work on and enhance our granular profitability database. The database serves as a foundation for partnering with other internal teams, enabling you to drive insightful analysis. This position offers an exciting opportunity to leverage your communication skills in sharing indication results, analytics skills on the indications, and coding skills in building the database. Initially the work will be focused on Property indications for Liberty Mutual and/or State Auto, but over time there may also be projects on BOP.
**This role may have in-office requirements depending on candidate location.**
**This is a ranged posting, level offered will be based on candidate credentialing and experience.**
Responsibilities:
Drive Property indication process and deliver results to senior leadership and SC Product group.Conduct trend analysis and deep dives on profitability drivers to better understand indication results.Maintains and continuously improves rate indication processes and checks.Writes, maintains, and improves code for granular Property profitability database.Partners with other teams on profitability and trend insights. 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 fieldCommitment to achieving Fellowship in the Casualty Actuarial Society. Passing grades on a minimum of 5 Casualty Actuarial Exams is required. Minimum 3-5 years relevant experience required.Prior experience and solid knowledge of actuarial techniques and standards, as well as other business operations including financial, underwriting, legal, statistics, claims, sales, etc.Solid oral and written and presentation communication skills and ability to interact effectively within and outside the organization. Solid interpersonal skills and the ability to work in a team environment as well as independently. Ability to motivate and mentor peers and motivate and train subordinates. Ability to exercise discretion and apply independent judgment and well-developed critical thinking skills in execution of assignments and projects. Ability to balance multiple projects with minimal direction. Advanced computing skills (MS Office Excel, SAS, etc.).Ability to build models of moderate complexity. About UsAs 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 personally.
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.
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