Senior Actuarial Analyst

Job Category: Actuarial

Minimum Salary: $136,850.00

Maximum Salary: $166,100.00

Schedule: Full-Time

Flexible Time Off Annual Accrual: 20 days

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:

• Develop detailed reserve estimates for the Commercial General Liability (CGL) book of business in a timely manner.
• Present selections quarterly to senior management throughout the actuarial and finance departments.
• Recognize internal and external changes that influence unpaid loss estimates, and incorporate into analyses.
• Effectively document assumptions and highlight ranges and sources of risk.
• Build strong relationships and collaborate closely with the claims, finance, and information management departments.
• Prepare analyses to support the financial plan for the CGL book of business.
• Assist in various internal and external reporting requirements.
• Build and implement process improvement initiatives in collaboration with other actuarial teams and cross-functional stakeholders.
• Telecommuting permitted up to 60%.

Qualifications:

The position requires a Bachelor’s degree (or foreign equivalent) in Mathematics, Statistics, Economics, Actuarial Science, or related field plus 3 years of experience in the job offered or a Senior Actuarial Analyst-related position.

Position requires passing grades on a minimum of 4 Casualty Actuarial Society exams.

Position also requires demonstrable experience with the following:

• Basic actuarial techniques and standards, as well as other business operations including financial, underwriting, and claims.
• Building models of moderate complexity for the purposes of analyzing insurance data and estimating unpaid claim liabilities. Software tools including ResQ, SAS, and SQL.

Fair Chance Notices:

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.

Fair Chance Notices:

• California
• Los Angeles Incorporated
• Los Angeles Unincorporated
• Philadelphia
• San Francisco