Liberty Mutual Insurance
Actuary, Auto Analytics State Deep Dive
Liberty Mutual Insurance, Boston, Massachusetts, us, 02298
Actuary, Auto Analytics State Deep Dive
Liberty Mutual Insurance
Pay Range $117,000.00/yr - $225,000.00/yr
Description As a member of the Auto Analytics State Deep Dive team within Personal Lines (PL) Auto State Analytics, you will play a critical role in developing, monitoring, and evaluating strategies and tactics for the PL Auto book to accomplish profitable growth in 4 major complex states. You will be responsible for performing advanced actuarial analyses in pricing, underwriting, channel optimization, and related areas to assess the profitability of programs and growth opportunities for our PL books in your assigned states; collaborating with Directors of State Operations (DSO) to gain deeper knowledge and develop effective customized state levers; partnering with Risk Analytics (RA) subject matter experts to ensure RA insight and deliverables account appropriately for unique state features. This role is part of a team of 4 and reports to the Auto Analytics State Deep Dive Team Manager.
This position may have in-office requirements dependent upon candidate location.
Responsibilities
Deliver insight to DSOs to drive actions and influence decisions to achieve top quartile profitability for Personal Lines Auto product.
Develop deep state expertise to inform state-specific strategy and tactics, including historical and future strategy, regulatory environment, product designs and constraints.
Collaborate with Actuarial, Finance, Claims and Data Science to assess and improve profitability by coverage/peril in the assigned states.
Support cross-team initiatives to enrich deliverables with state-specific insight, building trust and credibility with teams beyond State Analytics to drive decisions and execution.
Develop a deep understanding of the assigned states in various aspects that contributed to the success of the whole state operations and underwriting economics, pursuing ad-hoc projects as needed.
Stay informed about macro-economic trends in assigned states, identifying drivers of segment-level profit opportunities and incorporating findings from competitor filings, regulatory and industry publications.
Support an inclusive, equitable and high-performing culture, proactively share analysis findings, data sources, analytical reports and coach and mentor junior team members.
Qualifications
Bachelor's degree required; Master’s degree preferred.
Associateship or Fellowship in the Casualty Actuarial Society (ACAS/FCAS) or Society of Actuaries (ASA/FSA) designation preferred or comparable education/designation with relevant experience.
Minimum 5-7 years relevant experience required.
Sound knowledge of actuarial techniques and standards, as well as other business operations including financial, underwriting, legal, statistics, claims, sales, etc.
Advanced communication and interpersonal skills and ability to build relationships and interact effectively within and outside the organization.
Ability to motivate and mentor peers and subordinates.
Advanced computing skills (MS Office Excel, SAS, etc.) with ability to build complex models.
About Us Liberty Mutual is an equal opportunity employer. We will not tolerate discrimination on the basis of race, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran's status, pregnancy, genetic information or on any basis prohibited by federal, state or local law.
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Pay Range $117,000.00/yr - $225,000.00/yr
Description As a member of the Auto Analytics State Deep Dive team within Personal Lines (PL) Auto State Analytics, you will play a critical role in developing, monitoring, and evaluating strategies and tactics for the PL Auto book to accomplish profitable growth in 4 major complex states. You will be responsible for performing advanced actuarial analyses in pricing, underwriting, channel optimization, and related areas to assess the profitability of programs and growth opportunities for our PL books in your assigned states; collaborating with Directors of State Operations (DSO) to gain deeper knowledge and develop effective customized state levers; partnering with Risk Analytics (RA) subject matter experts to ensure RA insight and deliverables account appropriately for unique state features. This role is part of a team of 4 and reports to the Auto Analytics State Deep Dive Team Manager.
This position may have in-office requirements dependent upon candidate location.
Responsibilities
Deliver insight to DSOs to drive actions and influence decisions to achieve top quartile profitability for Personal Lines Auto product.
Develop deep state expertise to inform state-specific strategy and tactics, including historical and future strategy, regulatory environment, product designs and constraints.
Collaborate with Actuarial, Finance, Claims and Data Science to assess and improve profitability by coverage/peril in the assigned states.
Support cross-team initiatives to enrich deliverables with state-specific insight, building trust and credibility with teams beyond State Analytics to drive decisions and execution.
Develop a deep understanding of the assigned states in various aspects that contributed to the success of the whole state operations and underwriting economics, pursuing ad-hoc projects as needed.
Stay informed about macro-economic trends in assigned states, identifying drivers of segment-level profit opportunities and incorporating findings from competitor filings, regulatory and industry publications.
Support an inclusive, equitable and high-performing culture, proactively share analysis findings, data sources, analytical reports and coach and mentor junior team members.
Qualifications
Bachelor's degree required; Master’s degree preferred.
Associateship or Fellowship in the Casualty Actuarial Society (ACAS/FCAS) or Society of Actuaries (ASA/FSA) designation preferred or comparable education/designation with relevant experience.
Minimum 5-7 years relevant experience required.
Sound knowledge of actuarial techniques and standards, as well as other business operations including financial, underwriting, legal, statistics, claims, sales, etc.
Advanced communication and interpersonal skills and ability to build relationships and interact effectively within and outside the organization.
Ability to motivate and mentor peers and subordinates.
Advanced computing skills (MS Office Excel, SAS, etc.) with ability to build complex models.
About Us Liberty Mutual is an equal opportunity employer. We will not tolerate discrimination on the basis of race, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran's status, pregnancy, genetic information or on any basis prohibited by federal, state or local law.
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