Senior Actuarial Analyst

Liberty MutualBoston, MA
47d

About The Position

GRS North America Actuarial & Analytics is seeking a talented Senior Actuarial Analyst to join the General Liability pricing team. As part of the General Liability pricing team, you will provide pricing and planning support for Majors and Middle Markets. This position will be focused on providing high quality analyses and effectively communicating key outcomes to support profit, growth, and operational objectives to our underwriting partners. The successful candidate will possess strong analytical and communication skills, as well as a demonstrated ability to execute thoroughly in a fast-paced, collaborative environment.

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 Associateship or Fellowship in the Casualty Actuarial Society.
  • Passing grades on a minimum of 5 Casualty Actuarial Exams is required.
  • 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 motivate and mentor peers and motivate and train subordinates.
  • 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

  • Perform complex actuarial analyses to assist business decision making and strategy development, including profit reviews.
  • Utilize profit reviews to set plan loss ratios.
  • Utilize indications to calibrate pricing models for Majors and Middle Market Segments.
  • Maintain and improve the current reporting infrastructure, working with stakeholders in Finance, Underwriting, and Product to ensure all business needs are met.
  • Provide direct guidance and support to underwriting teams with respect to pricing model infrastructure and price adequacy.
  • Develop tools that enhance pricing and influence underwriting strategy.
  • Provide clear and concise communication of technical actuarial work to stakeholders.
  • Partner across multiple functions including underwriting, finance, claims, systems and reserving.

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What This Job Offers

Job Type

Full-time

Career Level

Mid Level

Industry

Insurance Carriers and Related Activities

Number of Employees

5,001-10,000 employees

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