Job details
Salary $97,700 - $176,700 a year
Full job description
Job summary:
Are you looking to have a significant impact on the financial results of a fortune 100 company? in this position, you will be part of a team whose mission is critical to both top-line and bottom line performanceYou will support a business group`s profit, growth and operational objectives by providing external actuarial support for key filed product initiatives, including state-level rate changes, targeted rate changes, and support of various new products and programsThis involves the initial submission of actuarial justifications, and continued verbal and written negotiations with regulators throughout the objection and approval processStrong interpersonal and communication skills are essential for communications of wins and losses to senior managers, and interactions with external stakeholders.
In this role, he/she will perform analysis in pricing and product development and partner with various other functions such as state analytics, planning, rate revision, and countrywide rollout teamsIn addition to state level assignments, we establish and promote subject matter expertise in areas such as various data sources and processes used within our groupThe candidate will need to be able to provide data and analytical support for projects independently.
Responsibilities:
Provide actuarial support for state filings for rate and other new initiatives.
Provide analytical insight and recommendations to state directors to inform business decisions.
Track state-level requirements for actuarial assumptions in filings and apply them appropriately.
Develop subject matter expertise which can be leveraged countrywide.
Own continuous improvement of processes to ensure efficiency, accuracy, and effectiveness of external actuarial support that are quickly integrated in daily work routines.
Queries data for requests outside of base rate support and drive deep dives on an ad-hoc basis.
Protect intellectual property by providing information only as required or confidentially as allowed.
Communicate effectively with external regulators in writing and verbally, to support business outcomes.
Monitors developments in actuarial techniques; researches laws and regulations; analyzes developments in the marketplaceRepresents the company on industry and professional committees.
The compensation for this role is dependent on experience and geographic location of candidate.
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
Passing grades on a minimum of 5 casualty actuarial exams is requiredMinimum 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.
At liberty mutual, our purpose is to help people embrace today and confidently pursue tomorrowThat`s why we provide an environment focused on openness, inclusion, trust and respectHere, you`ll discover our expansive range of roles, and a workplace where we aim to help turn your passion into a rewarding profession.
Liberty mutual has proudly been recognized as a “great place to work” by great place to work® us for the past several yearsWe were also selected as one of the “100 best places to work in it” on idg`s insider pro and computerworld`s 2020 listFor many years running, we have been named by forbes as one of america`s best employers for women and one of america`s best employers for new graduates—as well as one of america`s best employers for diversityTo learn more about our commitment to diversity and inclusion please visit: https://jobs.libertymutualgroup.com/diversity-inclusion
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-beingTo learn more about our benefit offerings please visit: https://lmi.co/benefits
Liberty mutual is an equal opportunity employerWe will not tolerate discrimination on the basis of race, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran`s status, pregnancy, genetic information or on any basis prohibited by federal, state or local law.
18
