Liberty Mutual Insurance
Actuarial Analyst, Small Commercial, Actuarial Development Program
Liberty Mutual Insurance, Boston, Massachusetts, us, 02298
Actuarial Analyst, Small Commercial, Actuarial Development Program
Base pay range: $74,000.00/yr - $139,000.00/yr This range is provided by Liberty Mutual Insurance. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more. Description
The Small Commercial (SC) Market Analytics team within US Retail Markets is seeking an Actuarial Analyst or a Senior Actuarial Analyst to perform quantitative analyses of state-specific non-rate initiatives. This position will work closely with SC State Product analysts and other teams within SC Risk Analytics to identify and evaluate the impacts of potential actions. This position will play a key role in quarterly planning cycles, computing growth and profitability impacts appropriate to different contexts and use cases. The successful candidate will possess excellent analytical and technical skills, be detail-oriented in their work, and thrive in a collaborative work environment. Responsibilities
Coordinate with the State Product team on timelines and necessary inputs for proposed non-rate initiatives Work with State Product, Finance, and other teams within SC Risk Analytics to compute growth and profitability impacts in the appropriate contexts Provide support for presentations related to Rate & BME in Plans and Forecasts Perform various ad hoc analyses Continually improve upon tools and processes Program Details
The person hired into this role will become a part of our Actuarial Development Program and will rotate within the first two years of hire as part of the Development Program. A requirement of this program is to make positive progress towards achieving ACAS/FCAS. In this entry-level rotational program, you’ll complete two rotations across a variety of disciplines, including reserving, pricing, modelling, and analytics. This role will count as your first rotation. Qualifications
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 in the Casualty Actuarial Society Passing grades on a minimum of 2 Casualty Actuarial Exams is required Minimum 2-4 years relevant experience required Prior experience and knowledge of basic actuarial techniques and standards and insurance operations Solid oral and written and presentation communication skills 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 critical thinking skills in execution of assignments Ability to balance multiple projects with some direction Intermediate MS Office Excel and SAS skills Ability to build simple models; Programming skills are desirable About Us and Pay Philosophy
The typical starting salary range for this role is determined by skills, experience, education, certifications and location. The full salary range reflects the competitive labor market value for all employees in these positions. Some roles may include commission and/or bonus earnings as per the compensation plan. Liberty Mutual is an equal opportunity employer and is committed to fostering an inclusive environment. We seek to create an environment where employees can succeed professionally and personally. Notice
Fair Chance Notices: California; Los Angeles Incorporated; Los Angeles Unincorporated; Philadelphia; San Francisco
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Base pay range: $74,000.00/yr - $139,000.00/yr This range is provided by Liberty Mutual Insurance. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more. Description
The Small Commercial (SC) Market Analytics team within US Retail Markets is seeking an Actuarial Analyst or a Senior Actuarial Analyst to perform quantitative analyses of state-specific non-rate initiatives. This position will work closely with SC State Product analysts and other teams within SC Risk Analytics to identify and evaluate the impacts of potential actions. This position will play a key role in quarterly planning cycles, computing growth and profitability impacts appropriate to different contexts and use cases. The successful candidate will possess excellent analytical and technical skills, be detail-oriented in their work, and thrive in a collaborative work environment. Responsibilities
Coordinate with the State Product team on timelines and necessary inputs for proposed non-rate initiatives Work with State Product, Finance, and other teams within SC Risk Analytics to compute growth and profitability impacts in the appropriate contexts Provide support for presentations related to Rate & BME in Plans and Forecasts Perform various ad hoc analyses Continually improve upon tools and processes Program Details
The person hired into this role will become a part of our Actuarial Development Program and will rotate within the first two years of hire as part of the Development Program. A requirement of this program is to make positive progress towards achieving ACAS/FCAS. In this entry-level rotational program, you’ll complete two rotations across a variety of disciplines, including reserving, pricing, modelling, and analytics. This role will count as your first rotation. Qualifications
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 in the Casualty Actuarial Society Passing grades on a minimum of 2 Casualty Actuarial Exams is required Minimum 2-4 years relevant experience required Prior experience and knowledge of basic actuarial techniques and standards and insurance operations Solid oral and written and presentation communication skills 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 critical thinking skills in execution of assignments Ability to balance multiple projects with some direction Intermediate MS Office Excel and SAS skills Ability to build simple models; Programming skills are desirable About Us and Pay Philosophy
The typical starting salary range for this role is determined by skills, experience, education, certifications and location. The full salary range reflects the competitive labor market value for all employees in these positions. Some roles may include commission and/or bonus earnings as per the compensation plan. Liberty Mutual is an equal opportunity employer and is committed to fostering an inclusive environment. We seek to create an environment where employees can succeed professionally and personally. Notice
Fair Chance Notices: California; Los Angeles Incorporated; Los Angeles Unincorporated; Philadelphia; San Francisco
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