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Actuary-Middle Market Actuarial

2 months ago


Boston, Massachusetts, United States Liberty Mutual Full time
Pay Philosophy
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.

Description
Join the GRS Middle Market Actuarial team as an Actuary supporting Energy and Construction business. In this role, you will be an integral partner with the MM Underwriting organization, tasked with influencing UW strategy, identifying actionable insights to improve profitability, and supporting large account pricing for complex product offerings.

You will be required to go into the office twice a month if you reside within 50 miles of one of the following offices: Bala Cynwyd, PA; Boston, MA; Hoffman Estates, IL; Indianapolis, IN; Lake Oswego, OR; Las Vegas, NV; Plano, TX; Suwanee, GA; Syracuse, NY; Tampa, FL; or Weatogue, CT. Please note this policy is subject to change.

Responsibilities:
  • Act as a trusted partner to Middle Market Underwriting through the support of account-level pricing, implementing portfolio monitoring curated to business needs, and conveying core actuarial concepts in pragmatic terms.
  • Provide expertise in large account and complex product pricing for all primary and lead lines of business offered in Middle Market Energy and Construction. Recommend best practice standards in actuarial pricing support for high severity, casualty business.
  • Deliver trainings, pricing updates, and portfolio findings to Underwriting audiences ranging from Underwriting leadership to desk level Underwriters.
  • Support the implementation of RAMP account tiering initiaves, while ensuring business iniatives are contemplated
  • Collaborate with Underwriting, Operations, Pricing, Data Science, Reserving, Finance, Claims, and Analytics groups to gain a thorough understanding of company wide impacts that influence Middle Market Energy and Construction outcomes.
  • Support an inclusive, equitable and high performing culture. Coach and mentor junior team members.
Qualifications
  • Bachelor's degree required
  • Associateship in the Casualty Actuarial Society (ACAS) designation required, Fellowship (FCAS preferred)
  • 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.
  • Experience collaborating with UW partners to implement strategic goals highly preferred
  • 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.) required
About Us
**This position may have in-office requirements depending on candidate location.**

At Liberty Mutual, our purpose is to help people embrace today and confidently pursue tomorrow. That's why we provide an environment focused on openness, inclusion, trust and respect. Here, 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 years. We were also selected as one of the "100 Best Places to Work in IT" on IDG's Insider Pro and Computerworld's 2020 list. For 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 Diversity. To learn more about our commitment to diversity and inclusion please visit:

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:

Liberty Mutual is an equal opportunity employer. We 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.

Fair Chance Notices
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