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The Liberty Mutual Foundation

Actuary

The Liberty Mutual Foundation, Boston, Massachusetts, us, 02298

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Description Are you looking to have a significant impact on the financial results of a Fortune 100 company? As a member of the Mobility Analytics team within the Majors and Mobility team in Global Risk Solutions, you will play a critical role in developing indications, pricing analysis, and recommendations for each mobility account, interfacing with pricing actuaries at our customers, monitoring and evaluating overall profit and growth results across segments, developing inputs to financial plan, and contributing analytical support to key Mobility strategic initiatives to ensure we deliver target profitability for the Mobility portfolio and position it for future profitable growth.

The Mobility team is responsible for adapting to changing consumer preferences and emerging trends in the transportation of both people and goods and the impacts of those trends on our customers’ insurance needs. Key segments include ridehail (e.g. Uber, Lyft), goods delivery, autonomous vehicles, next generation vehicle technology, peer-to-peer, micromobility, shared economy, and the evolution of electric vehicles and connectivity.

The role will be part of a team of 4 actuaries and report to the Mobility Analytics Actuarial Director in GRS.

Key Responsibilities

Price individual accounts in the Mobility portfolio, partnering with teams across both USRM and GRS

Deliver ongoing monitoring and profitability insights

Provide inputs to help develop the Mobility financial plan

Support new opportunity development for potential partners in collaboration with peer teams

Automate, standardize, and improve indication-related tools, share best practices

Consistently deliver high levels of performance while operating in an environment of ambiguity

Demonstrate intellectual curiosity to identify trends, potential issues, and their underlying causes

Evaluate tactical underwriting and pricing strategies

Effectively communicate sophisticated financial/actuarial data to varied audiences; appropriately tailor communications based on the audience

Deliver ridehail profitability reviews

Communicate product performance and identify optimization opportunities

Communicate regular updates to internal and external stakeholders

Qualifications

Bachelor's degree required; Master’s degree preferred.

Associateship or Fellowship in the Casualty Actuarial Society (ACAS/FCAS) 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 with others within and outside the organization.

Ability to motivate and mentor peers and motivate and train subordinates.

Advanced computing skills (MS Office Excel, SAS, etc.) with ability to build complex models.

About Us Pay Philosophy:

The typical starting salary range for this role is determined by a number of factors including skills, experience, education, certifications and location. The full salary range for this role reflects the competitive labor market value for all employees in these positions across the national market and provides an opportunity to progress as employees grow and develop within the role. Some roles at Liberty Mutual have a corresponding compensation plan which may include commission and/or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role.

As a purpose-driven organization, Liberty Mutual is committed to fostering an environment where employees from all backgrounds can build long and meaningful careers. Through strong relationships, comprehensive benefits and continuous learning opportunities, we seek to create an environment where employees can succeed, both professionally and personally.

At Liberty Mutual, we believe progress happens when people feel secure. By providing protection for the unexpected and delivering it with care, we help people embrace today and confidently pursue tomorrow.

We are dedicated to fostering an inclusive environment where employees from all backgrounds can build long and meaningful careers. By actively seeking employee feedback and amplifying the voices of our seven Employee Resource Groups (ERGs), which are open to all, we create an environment where every individual can make a meaningful impact so we continue to meet the evolving needs of our customers.

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

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.

Fair Chance Notices

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