Boston, Massachusetts

Liberty Mutual Insurance





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Liberty Mutual Global Retail Markets Actuarial is seeking a Manager, Actuary to lead our Loss Trend Analytics Auto team. The auto team is responsible for performing deep dives into emerging loss trend risks for both personal and business auto insurance; using advanced analytical and multivariate techniques to forecast accident period frequency and severity for both Liberty Mutual and the industry; developing an approach for proactive loss trend recognition and communicating the results of their work to senior management and other stakeholders. This position will report directly to the Director of the Loss Trend Analytics team within the Modeling & Analytics Actuarial organization.

 

The successful candidate will have excellent business judgment and influencing skills, enjoy identifying and solving complex analytical problems, be comfortable owning a critical process that receives significant visibility, have the ability to explain such work in non-technical (business) contexts, and be capable of driving change to meet the business needs of customers. Strong communication skills are essential as there will be a significant level of interaction with other functional areas (e.g., Product Management, Claims, Non-Price Predictive Modeling, and Reserving).

 

Responsibilities:

  • Responsible for leading a team of 3 analysts in developing in-depth analytical analyses for all GRM-US auto coverages, including the use of multivariate approaches and internal and external data sources, to explain historical frequency and severity and forecast future loss.
  • Own the analysis, stakeholder management and communication of the auto quarterly trend process and ensure that storylines are consistent between the various deliverables (Economic Trend Report, Quarterly Forecasts, Board of Director support, etc.).
  • Collaborate with cross-functional areas such as Product, Claims, and Trends Monitoring & Reporting to understand and isolate various drivers of loss trends for auto and ensure that we?re aligned on basis for selections.
  • Create a culture of continuous improvement and documentation within the auto team that organically creates efficiencies to our data processes, analysis templates, and trend presentations.
  • Monitor internal and external emerging risks to our auto portfolio and identify how best to incorporate into our trend selections
  • Model inclusiveness by living our Values, fostering an inclusive culture, and proactively seeking out all forms of diversity
  • Develop talent by building and elevating capabilities within the team, including development and talent evaluation and forming resilient teams that can attract talent with wide backgrounds that contribute to diversity of thought. Working across teams to ensure highest priority items are being addressed with the appropriate amount of resources across the entire Loss Trend Analytics organization, while owning regular deliverables.

 

Qualifications

  • Bachelor's degree required; Masters degree preferred
  • Fellowship in the Casualty Actuarial Society (FCAS) or near-FCAS designation preferred
  • 5-10 years progressively responsible experience, including supervisory experience
  • Ability to foster teamwork and relationships across organizational line
  • Knowledge of underwriting concepts including company/agency relationships' importance to the business success.
  • Written and verbal communication skills, including the ability to effectively express technical actuarial and statistical concepts to non-technical individuals internal and external to the organization
  • Advanced decision making, problem solving and analytical skills
  • Expands/maintains Actuarial professional knowledge through society (CAS/AAA) publications and meetings/conferences

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: 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-being. To learn more about our benefit offerings please visit: https://LMI.co/Benefits

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.

Boston, Massachusetts

Since 1912, we at Liberty Mutual have committed ourselves to providing broad, useful and competitively-priced insurance products and services to meet our customers' ever-changing needs. Our delivery on this commitment is the reason we’re now the third-largest property and casualty insurer in the U.S. based on 2010 net written premium, why we’ve earned an A.M. Best Co. ‘A’ (Excellent) rating, and why we have the breadth, depth and financial strength that you can always depend on - in the United States and around the world.

Belief

  • We believe progress happens when people feel secure.
  • Our belief represents the driving convictions we have about people and the world.

Purpose

  • We exist to help people embrace today and confidently pursue tomorrow.
  • Our purpose serves as the organizational North Star that defines and guides everything we do.

Promise

  • We promise protection for the unexpected, delivered with care.
  • Our promise describes what we do and how we do it differently.

Benefits

Passion has its benefits. At Liberty Mutual, we value your hard work, integrity and commitment to make things better. And it is our privilege to offer you benefits that support your life and well-being.

  • Health
  • Health Savings Account (HSA)
  • DentalVisionDisability Insurance (both short- and long-term)
  • Life Insurance (for you and your family)
  • Accidental Death and Dismemberment Insurance
  • Dependent Care Flexible Spending Account
  • Employee Assistance Plan (EAP), including dependent care resources
  • Retirement Benefit (pension) Plan
  • 401(k) Savings Plan with Company Match
  • Other valuable benefits

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