Actuarial Analyst

Liberty Mutual InsuranceNew York, NY
6dHybrid

About The Position

Independently, learn to apply fundamental actuarial theories, techniques, and procedures and develop the basic skills required to assist in the preparation of various actuarial analysis. May work in valuation/reserving, pricing, product, research/support, business planning, capital / financial modeling. Provide support to credentialed actuaries and others by performing analysis within designated business segments. Assist in the preparation of actuarial reports and studies. Provide clear communication of technical actuarial work to technical and non-technical audiences. Understands communication preferences and is flexible to the expectations and ways of communicating to different audiences. Demonstrates cultural sensitivity in communicating with colleagues with differing backgrounds. Use mathematical and statistical skills to aid in the analysis and synthesis of data to support key initiatives within the department. Challenges personal views and actively seeks input from others to drive the best possible business outcome. Seeks to understand, respect and appreciate different perspectives. Positive progress towards pursuing and passing of required actuarial exams. Maintain status in the Actuarial Development Program. Domestic travel required up to 10%. Telecommuting permitted up to 80%.

Requirements

  • Employer will accept a bachelor's degree (or foreign equivalent) in Mathematics, Statistics, Economics, Actuarial Science, Risk Management and Insurance or related field and 1 year of experience in the job offered or in a related occupation. Experience can be gained in a professional or academic setting.
  • Intermediate SAS EG programming.
  • Intermediate Python programming.
  • Ratemaking Analysis skills.
  • Performing Loss Development Analyses.
  • Fitting Frequency and Severity Trends.
  • Producing Profit Review by Subsegment and Rating Plans.
  • Interpreting Reports to Support Rate Filing Strategies.
  • On Leveling Premium.
  • Reconciling Actuarial Calculations.
  • Assists Underwriters with Pricing Tools.
  • Domestic travel required up to 10%.
  • Telecommuting permitted up to 80%.

Responsibilities

  • Learn to apply fundamental actuarial theories, techniques, and procedures
  • Assist in the preparation of various actuarial analysis
  • Work in valuation/reserving, pricing, product, research/support, business planning, capital / financial modeling
  • Provide support to credentialed actuaries and others by performing analysis within designated business segments
  • Assist in the preparation of actuarial reports and studies
  • Provide clear communication of technical actuarial work to technical and non-technical audiences
  • Use mathematical and statistical skills to aid in the analysis and synthesis of data to support key initiatives within the department
  • Positive progress towards pursuing and passing of required actuarial exams
  • Maintain status in the Actuarial Development Program

Benefits

  • At Liberty Mutual, our goal is to create a workplace where everyone feels valued, supported, and can thrive.
  • We build an environment that welcomes a wide range of perspectives and experiences, with inclusion embedded in every aspect of our culture and reflected in everyday interactions.
  • This comes to life through comprehensive benefits, workplace flexibility, professional development opportunities, and a host of opportunities provided through our Employee Resource Groups.
  • Each employee plays a role in creating our inclusive culture, which supports every individual to do their best work.
  • Together, we cultivate a community where everyone can make a meaningful impact for our business, our customers, and the communities we serve.
  • 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

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What This Job Offers

Job Type

Full-time

Career Level

Entry Level

Number of Employees

5,001-10,000 employees

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