Actuary, Personal Auto Liability State Reserving

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. Description The US Retail Markets Reserving (USRM) team is seeking a highly motivated Actuary for our new Personal Auto Liability State Reserving team. In this position, you will have significant business impact by performing state level reserve analyses for key states. You will work closely with Claims, Analytics and State Management to understand key areas of risk and trends for complex states, perform in-depth state reserving analyses leveraging a variety of reserving methods including claim-level models, and communicate and gain buy-in with their state partners. Your work will help drive better loss and ALAE accuracy at the state level and ultimately contribute to our USRM goal of accurate state level P&Ls. This position will report directly to the Personal Lines Auto State Reserving Manager. A successful candidate must excel at solving complex analytical problems, have good business judgment and influencing skills, and possess the ability to explain such work in business contexts. • This position may have in-office requirements depending on candidate location.* Responsibilities: • Perform complex state-level reserve analysis and present findings and recommendations. • Provide clear and concise communication of technical actuarial work to technical and non-technical audiences, and on cross functional teams. • Maintain clear and concise documentation of methods and activities. • Interact with and provide actuarial technical assistance and information to peers, senior managers, and others within and outside of the organization. • Mentor, motivate, and train less experienced staff and peers. • Direct the development of actuarial tools. Qualifications • Bachelor's degree required; Master's degree preferred. • Associateship or Fellowship in the Casualty Actuarial Society (ACAS/FCAS) 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 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

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 proud to support a diverse, equitable and inclusive workplace, where all employees feel a sense of community, belonging and can do their best work. Our seven Employee Resource Groups (ERGs) offer a centralized, open space to bring employees and allies together to connect, learn and engage. 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 • California • Los Angeles Incorporated • Los Angeles Unincorporated • Philadelphia • San Francisco Apply Job!