Actuarial Analyst, Personal Lines Condo, Actuarial Development Program

Liberty Mutual Insurance • Boston, MA

125d

About The Position

In this role, you will be part of the team that provides full economic and analytical support and drives the profitable growth of the $300M Personal Condo line. You will work closely with a wide range of stakeholders throughout the organization and provide holistic analysis-based guidance on profitability. The key responsibilities of this role are to perform Actuarial rate indications of the personal condo product, provide external actuarial support to Departments of Insurance, construct rate strategies, evaluate and monitor product performance, and provide other analytical services with actuarial and line-of-business expertise. As a member of the Specialty Analytics organization, you will also work with a group of talented analysts on impactful crossline initiatives and develop subject matter expertise. This position may have in-office requirements dependent upon candidate location.

Requirements

• 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.
• Commitment to achieving Fellowship in the Casualty Actuarial Society.
• Passing grades on a minimum of 2 Casualty Actuarial Exams is required.
• Minimum 2-4 years relevant experience required.
• Prior experience and knowledge of basic actuarial techniques and standards and insurance operations.
• Solid oral and written and presentation communication skills.
• Solid interpersonal skills and the ability to work in a team environment as well as independently.
• Ability to exercise discretion and apply independent judgment and critical thinking skills in execution of assignments.
• Ability to balance multiple projects with some direction.
• Intermediate MS Office Excel and SAS skills.
• Ability to build simple models; Programming skills are desirable.

Responsibilities

• Produce Actuarial rate level indications for the personal condo insurance product.
• Research and identify drivers of performance and trends and develop actionable rate and non-rate recommendations to drive profit improvement and profitable growth.
• Develop line-of-business expertise for the personal condo product and deliver robust profitability views that reflect the latest opinions on experience, trends, and initiatives.
• Provides Actuarial support required for rate filings.
• Effectively communicate project/analysis findings and recommendations to team members and stakeholders throughout the organization.
• Build effective stakeholder relationships and influence decisions and actions on recommended product strategies.
• Lead and support crossline initiatives and other ad hoc projects as necessary.
• Proactively identify and act on method and process improvement opportunities.
• Practice and promote analytical, documentation, and other Actuarial best practices.

Benefits

• Comprehensive benefits and continuous learning opportunities.
• Environment where employees can succeed, both professionally and personally.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees