Actuary (Corporate Reserving)

Job Description

Job Category: Actuarial

Typical Starting Salary: 160,500-226,000

Minimum Salary: $134,000.00

Maximum Salary: $254,000.00

Schedule: Full-Time

Flexible Time Off Annual Accrual: 20 days

Application Deadline: 10/3/2025

Overview:

Corporate Actuarial is seeking a curious, forward-thinking actuary to lead the prioritization and quantification of newly emerging risks. As the insurance landscape evolves, so too does our understanding of emerging risks—from climate change and cyber threats to societal shifts and regulatory developments.

This role offers a unique opportunity to shape how Liberty Mutual identifies, prioritizes, and responds to these risks across the enterprise. In order to develop expected impacts of truly novel threats, you’ll collaborate closely with cross-functional teams—including Risk, Underwriting, Claims, and Finance—to build a robust, actuarially grounded framework that informs strategic decision-making and meets the expectations of regulators, auditors, and rating agencies.

Key Responsibilities:

• Develop methods for quantifying our exposure to emerging risks and, when sufficiently mature, appropriate actuarial central estimates.
• Design and maintain a dynamic framework for identifying and prioritizing emerging risks across the enterprise.
• Source and evaluate objective data inputs to support risk identification and quantification.
• Ensure active risks are accurately represented in enterprise scorecards, including magnitude and business area exposure.
• Communicate insights and developments to internal stakeholders and external partners with clarity and influence.

Qualifications:

• Bachelor's degree required.
• Fellowship in the Casualty Actuarial Society (FCAS) or Fellowship in the Society of Actuaries (FSA) designation preferred, or comparable actuarial education/designation combined with relevant experience.
• Typically 0-2 years post-fellowship.
• Minimum of 7 years of progressively more responsible experience (typically 10 or more) in an actuarial role, some of which may include experience as an actuarial candidate taking exams.
• Advanced to expert knowledge of actuarial and statistical methods, tools, and of at least one programming language.
• Demonstrated ability to develop a robust actuarial framework to address new challenges.
• Demonstrated ability to exchange ideas and convey complex information clearly and concisely, both verbally and in writing.
• Ability to make decisions with incomplete information.
• Demonstrated ability to establish and build effective relationships within and outside the organization.
• Ability to communicate and present effectively to senior management and other groups.
• Demonstrated ability to manage multiple priorities while driving projects to completion.

Fair Chance Notices:

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