Actuary- North American Specialty

Liberty Mutual is hiring an actuary to support the North American Specialty (NAS) Environmental business. You will work with the Senior Actuary and underwriters on advanced pricing analyses, portfolio strategy, and rating tools. The role is based in the United States and calls for 5–7 years of relevant experience.

What you will do

• Complete profitability reviews twice a year and run in-depth reviews of the portfolio's composition and profitability.
• Maintain and enhance existing rating models, and build new ones when needed.
• Run periodic, data-driven reviews of pricing parameters.
• Explain the results of actuarial analyses clearly to underwriters, finance, management, and claims personnel.
• Take part in discussions with lead underwriters and claims personnel about profitability and strategic direction.
• Participate in the reinsurance placement process as necessary.
• Respond to ad hoc analysis requests from underwriting, claims, and senior management.

What they are looking for

• Bachelor's degree required; master's degree preferred.
• Associateship or Fellowship in the Casualty Actuarial Society (ACAS/FCAS) or in the Society of Actuaries (ASA/FSA) preferred, or comparable education or designation with relevant experience.
• Minimum 5–7 years of relevant experience.
• Sound knowledge of actuarial techniques and standards, plus other business operations such as financial, underwriting, legal, statistics, claims, and sales.
• Advanced communication and interpersonal skills, with the ability to build relationships and work effectively with people inside and outside the organization.
• Ability to motivate and mentor peers, and to motivate and train subordinates.
• Advanced computing skills (MS Office Excel, SAS, and similar) and the ability to build complex models.

Pay and benefits

The typical starting salary range is determined by factors including skills, experience, education, certifications, and location. The full salary range reflects the competitive labor market value for these positions across the national market and gives room to progress as employees grow in the role. Some roles at Liberty Mutual have a compensation plan that may include commission or bonus earnings at rates that vary based on multiple factors set out in the plan for the role.

Liberty Mutual says its goal is a workplace where everyone feels valued, supported, and can thrive. It points to benefits, workplace flexibility, professional development, and Employee Resource Groups as part of that.

About Liberty Mutual

Liberty Mutual is an equal opportunity employer. It states it 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 any basis prohibited by federal, state, or local law. The listing includes Fair Chance Notices for California, Los Angeles Incorporated, Los Angeles Unincorporated, Philadelphia, and San Francisco.