Liberty Mutual Insurance
Actuary, Personal Auto Planning and Monitoring
Liberty Mutual Insurance, Chicago, Illinois, United States, 60290
Actuary, Personal Auto Planning and Monitoring
Senior Actuarial Analyst/Actuary role on the Auto Planning and Monitoring loss team within US Retail Markets (USRM) Risk Analytics (RA) at Liberty Mutual Insurance.
Pay Range Base:
$92,000.00/yr – $225,000.00/yr
Description The Auto Planning and Monitoring loss team is seeking a talented Actuary to help the business achieve target profitability and drive the right business actions. The role crafts holistic and compelling opinions of the loss ratio and top‑line as part of the quarterly plan, analyzing, synthesizing, monitoring, and communicating emerging trends to a broad group of stakeholders. The Actuary will perform in‑depth analyses to forecast prospective frequency and severity trends, dig into internal and external data, identify emerging risk areas, and communicate findings to key stakeholders and senior leadership.
May require in‑office presence depending on location.
Responsibilities
Drive informed opinions on quarterly plan reforecasts through in‑depth analyses of historical frequency and severity metrics and forecasts of future loss trends.
Monitor, investigate, and communicate drivers of results, including plan, variance‑to‑plan, and trends, through scheduled and ad‑hoc processes.
Ensure timely delivery of planning and monitoring deliverables.
Effectively collaborate with cross‑functional teams and interpret, collect, and generate sound and consistent perspectives.
Provide clear and concise technical communication to broad audiences, cross‑functionally and to senior leadership, and innovate better ways to depict and explain plan changes and monitoring insights.
Use advanced analytical, financial, and operational knowledge along with tools such as SAS, SQL, VBA, and PowerBI to drive analytical and process improvements.
Provide mentorship to junior team members.
Ideal Skills Include
Strong communication with cross‑functional leadership.
Knowledge of macroeconomic industry trends impacting Personal Lines Auto.
Pricing, indications and/or reserving experience related to trend selection.
Experience addressing open‑ended business problems and finding innovative solutions.
Qualifications
Bachelor’s degree required; Master’s degree preferred.
Associateship or Fellowship in the Casualty Actuarial Society (ACAS/FCAS) preferred or comparable education/designation with relevant experience.
Minimum 5–7 years of relevant experience.
Sound knowledge of actuarial techniques, standards, and other business operations including finance, underwriting, legal, statistics, claims, and sales.
Advanced communication, interpersonal skills, and ability to build relationships and interact effectively both inside and outside the organization.
Ability to motivate, mentor peers, 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 reflects a number of factors, including skills, experience, education, certifications and location. It is designed to be competitive nationally and offers the opportunity to progress as employees grow and develop in the role. Some positions may include a compensation plan with commission or bonus earnings at rates that vary based on factors set forth in the compensation plan.
At Liberty Mutual we strive to create a workplace where everyone feels valued, supported, and can thrive. Our inclusive culture embeds diversity across all interactions and is reflected in comprehensive benefits, workplace flexibility, professional development, and employee resource groups.
Benefits For more information about our benefits, visit
https://LMI.co/Benefits .
EEO Statement 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
California
Los Angeles Incorporated
Los Angeles Unincorporated
Philadelphia
San Francisco
#J-18808-Ljbffr
Pay Range Base:
$92,000.00/yr – $225,000.00/yr
Description The Auto Planning and Monitoring loss team is seeking a talented Actuary to help the business achieve target profitability and drive the right business actions. The role crafts holistic and compelling opinions of the loss ratio and top‑line as part of the quarterly plan, analyzing, synthesizing, monitoring, and communicating emerging trends to a broad group of stakeholders. The Actuary will perform in‑depth analyses to forecast prospective frequency and severity trends, dig into internal and external data, identify emerging risk areas, and communicate findings to key stakeholders and senior leadership.
May require in‑office presence depending on location.
Responsibilities
Drive informed opinions on quarterly plan reforecasts through in‑depth analyses of historical frequency and severity metrics and forecasts of future loss trends.
Monitor, investigate, and communicate drivers of results, including plan, variance‑to‑plan, and trends, through scheduled and ad‑hoc processes.
Ensure timely delivery of planning and monitoring deliverables.
Effectively collaborate with cross‑functional teams and interpret, collect, and generate sound and consistent perspectives.
Provide clear and concise technical communication to broad audiences, cross‑functionally and to senior leadership, and innovate better ways to depict and explain plan changes and monitoring insights.
Use advanced analytical, financial, and operational knowledge along with tools such as SAS, SQL, VBA, and PowerBI to drive analytical and process improvements.
Provide mentorship to junior team members.
Ideal Skills Include
Strong communication with cross‑functional leadership.
Knowledge of macroeconomic industry trends impacting Personal Lines Auto.
Pricing, indications and/or reserving experience related to trend selection.
Experience addressing open‑ended business problems and finding innovative solutions.
Qualifications
Bachelor’s degree required; Master’s degree preferred.
Associateship or Fellowship in the Casualty Actuarial Society (ACAS/FCAS) preferred or comparable education/designation with relevant experience.
Minimum 5–7 years of relevant experience.
Sound knowledge of actuarial techniques, standards, and other business operations including finance, underwriting, legal, statistics, claims, and sales.
Advanced communication, interpersonal skills, and ability to build relationships and interact effectively both inside and outside the organization.
Ability to motivate, mentor peers, 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 reflects a number of factors, including skills, experience, education, certifications and location. It is designed to be competitive nationally and offers the opportunity to progress as employees grow and develop in the role. Some positions may include a compensation plan with commission or bonus earnings at rates that vary based on factors set forth in the compensation plan.
At Liberty Mutual we strive to create a workplace where everyone feels valued, supported, and can thrive. Our inclusive culture embeds diversity across all interactions and is reflected in comprehensive benefits, workplace flexibility, professional development, and employee resource groups.
Benefits For more information about our benefits, visit
https://LMI.co/Benefits .
EEO Statement 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
California
Los Angeles Incorporated
Los Angeles Unincorporated
Philadelphia
San Francisco
#J-18808-Ljbffr