ERM Consultant

Liberty Mutual Insurance • Boston, MA

6d

About The Position

Are you passionate about influencing strategic decisions and safeguarding an organization’s future? As a key member of our Enterprise Risk Management (ERM) team, you’ll drive high-impact risk analysis and create executive-level reporting packages that are integral to the success of our ERM programs. You'll contribute essential insights through regular presentations and committee involvement with senior leaders, helping to shape organizational strategy. Take ownership of project management for critical ERM initiatives, partnering with cross-functional teams to design and execute risk mitigation strategies, enhance risk management processes, and implement new regulatory requirements. Conduct research and analysis to inform these initiatives and support our company’s resilience. Proactively identify emerging risks and develop forward-thinking recommendations that help safeguard the organization’s future.

Requirements

• Bachelor’s degree in a quantitative field required; Master’s degree preferred.
• 6 to 8 years of relevant experience required, preferably in risk management or a related area.
• Strong quantitative analysis and modeling skills required, with significant experience in an analytical role such as financial analysis, product management, actuarial, or underwriting.
• Demonstrated project management experience, including leading cross-functional teams and driving initiatives to completion.
• Excellent interpersonal and communication skills, with the ability to collaborate effectively across teams and present complex information to diverse audiences.
• Deep understanding of insurance industry risk characteristics required.
• Solid knowledge of basic financial concepts and metrics, including financial statement analysis, required.

Nice To Haves

• Familiarity with ERM-related regulatory frameworks is a plus.

Responsibilities

• Manages group-wide ERM initiatives across cross-functional teams, contributes to the development of analytical tools, processes, and methodologies, and occasionally presents to senior leaders.
• Prepares and reviews technical materials and reporting packages for key meetings, including ERM committee sessions.
• Conducts and reviews research and analysis on existing and emerging risks; supports implementation and drafts recommendations, occasionally leading initiatives to address specific risk issues.
• Assists in the preparation and technical review of Liberty Mutual’s Own Risk and Solvency Assessment (ORSA), including modeling and analysis for annual updates, and supports and reviews assessments of Liberty Mutual’s ERM program by external parties, such as rating agencies and regulators.
• Provides technical analysis and reviews to support Liberty Mutual’s advocacy on ERM and regulatory capital proposals.

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

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees