Senior Actuarial Analyst- Pricing

Liberty Mutual Insurance • Boston, MA

22h

About The Position

The Planning & Portfolio Management team is seeking a Senior Actuarial Analyst-Pricing 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.
Ideal candidate may be hired as a Grade 16 Sr. Actuarial Analyst, Actuarial or a Grade 16 Consultant, Advanced Analytics

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.
• Minimum 3-5 years relevant experience required.
• Prior experience and solid knowledge of actuarial techniques and standards, as well as other business operations including financial, underwriting, legal, statistics, claims, sales, etc.
• Solid oral and written and presentation communication skills and ability to interact effectively within and outside the organization.
• 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 well-developed critical thinking skills in execution of assignments and projects.
• Ability to balance multiple projects with minimal direction.
• Advanced computing skills (MS Office Excel, SAS, etc.); Ability to build models of moderate complexity.

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.
• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level