Actuary Job at Liberty Mutual Insurance, Boston, MA

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  • Liberty Mutual Insurance
  • Boston, MA

Job Description

Pay Philosophy The typical starting salary range for this role is determined by factors such as skills, experience, education, certifications, and location. The full salary range reflects the competitive market value across the nation and offers opportunities for growth as employees develop within the role. Some roles at Liberty Mutual may include a compensation plan with commission and/or bonus earnings, varying based on specific factors outlined in the plan. Job Description The NA Majors Casualty team seeks an Actuary to support one of Liberty Mutual’s largest customers. The role involves aiding profit, growth, and operational objectives through pricing, performance evaluation, stakeholder support, and client consultation. You will develop deep knowledge of the account to perform meaningful actuarial analyses on loss drivers, business strategies, operational changes, and macroeconomic effects. Improving pricing approaches and tools to better understand risk and strengthen client relationships is also essential. The ideal candidate will demonstrate strong analytical, communication, and collaborative skills, with responsibilities including collaboration with various internal teams and external stakeholders. The position requires a highly organized, self-motivated individual with robust technical, verbal, and written communication skills. Responsibilities: Collaborate with the account team to support pricing and actuarial needs aligned with profitability and growth goals. Conduct complex analyses to inform business decisions and strategy development. Communicate technical actuarial insights clearly to stakeholders and clients. Enhance and implement large account pricing methods, driving process improvements. Work with Data Science to improve model accuracy and develop innovative solutions. Support reserve analysis through collaboration with Reserving teams. Participate in quarterly business reviews and support financial planning. Identify training needs and develop relevant content. Maintain thorough documentation of methods and activities. Mentor and motivate less experienced staff and peers. Qualifications: Bachelor's degree required; Master’s preferred. Associateship or Fellowship in CAS (ACAS/FCAS) or SOA (ASA/FSA) preferred, or equivalent experience. Minimum 5-7 years of relevant experience. Strong knowledge of actuarial techniques, business operations, and related fields. Excellent communication and interpersonal skills for effective relationship building. Ability to motivate and mentor colleagues. Advanced technical skills (e.g., MS Excel, SAS) for complex model building. About Us Liberty Mutual is dedicated to fostering an inclusive environment where employees from diverse backgrounds can thrive. We offer comprehensive benefits and continuous learning opportunities to support professional and personal growth. We believe progress happens when people feel secure, and we aim to help individuals embrace today and pursue tomorrow confidently. Our commitment to diversity and inclusion is reflected in our Employee Resource Groups and workplace culture. We value integrity, hard work, and commitment, and prioritize employee well-being. For more information on our benefits, visit: Liberty Mutual is an equal opportunity employer and does not tolerate discrimination based on race, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran status, pregnancy, genetic information, or other protected categories. #J-18808-Ljbffr Liberty Mutual Insurance

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