Senior Actuarial Analyst/Consultant, Advanced Analytics

Liberty Mutual Insurance • Boston, MA

40d

About The Position

The Planning & Portfolio Management team is seeking a Grade 16 Consultant to own analytic assessment of book profitability and growth across GRS North America products. Join the team to play a central role in shaping GRS North America’s profitability and strategic direction: you’ll own high‑impact forecasting and portfolio work, collaborate daily with underwriting, pricing and finance leaders, and have visible influence on multi‑year targets like the 2030 strategy. The key responsibilities of this role include supporting development of robust Operational Plan (OVP) combined-ratio forecasts, developing and validating by-channel Loss Ratio forecasts for the financial plan, and supporting broader GRS North America portfolio-management initiatives. The role reports to the Portfolio Management Team Manager.

This job is open to both Grade 16 Consultant, Advanced Analytics or Grade 16 Sr. Actuarial Analyst, Actuarial

Requirements

• Bachelor's Degree plus a minimum 5 years, typically 7 or more years, of related experience required; Mathematics, Economics, Statistics or other quantitative field are preferred fields of study.
• Deep knowledge of data sources, tools and business drivers.
• Ability to apply advanced analytical concepts to improve business outcomes.
• Ability to build analytic tools that will be used by business teams to analyze results and opportunities.
• Advanced proficiency in Excel (VBA, macros, scripts, formulas, data visualization, etc.), PowerPoint, and statistical software packages (SAS, Emblem).
• Must have good planning, analytical, decision-making and communication skills.
• Ability to present data, visually and verbally, to guide conversations with business managers.

Nice To Haves

• Master's Degree preferred; advanced education may be substituted for years of experience (Ph.D. with no professional experience).

Responsibilities

• Develop and maintain the quarterly combined-ratio forecast process for each GRS North America line of business.
• Develop and validate by-channel Loss Ratio forecasts and associated assumptions to feed financial plan run-rates and profit reviews.
• Translate pricing and underwriting viewpoints into quantified plan inputs and present trade-offs to senior stakeholders to drive consensus on go‑forward actions.
• Maintain and enhance the master forecasting model and documentation, ensuring version control, auditability, and repeatable deliverables each planning cycle.
• Partner with pricing and underwriting leads to run scenario and sensitivity analyses that inform actions taken in profit reviews and portfolio prioritization.
• Communicate areas of concern that require stakeholder attention, providing thoughtful recommendations that influence countrywide decisions and initiatives.
• Apply knowledge of insurance financials and improvement levers to build cross-functional consensus on plans to achieve consistent, profitable growth.
• Query data and conduct ad hoc analyses to answer advanced business questions; build reusable tools and queries to support stakeholders.
• Serve as a point person for high-complexity, countrywide implementations.
• Lead own workstreams, managing low-to-moderate complexity projects independently and conducting high-complexity analyses with minimal direction.

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: 251-500 employees