Global Actuarial - Casualty Actuary STP II NY
Company: Liberty Mutual
Location: New York
Posted on: April 25, 2024
|
|
Job Description:
Pay PhilosophyThe 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 Global Risks Solutions (GRS), Global Actuarial Product
is looking for a Casualty Actuarial leader to advance the pricing
sophistication and profitability of the line of business. This role
will focus on building aligned pricing strategies and models for
Casualty business written across the world. By leveraging the
support of Business Unit actuaries and the Casualty Product
organization, the successful Actuary will drive improved pricing
and market sensing that results in profit and appropriate growth
throughout GRS. Strong expertise in primary and excess Casualty
pricing techniques is desired.
Responsibilities
Serve as the Actuarial partner and advisor to the Global Casualty
team within the Office of Underwriting and Product Board to develop
product strategies
Influence key strategic decisions related to Casualty such as
portfolio design, tolerances, underwriting guidelines and capital
allocation
Bring synthesized competitive intelligence and insights on leading
indicators to support market cycle sensing and performance
monitoring
Partner with Business Actuaries to develop strategies around
technical price and pricing tools
Support Product Planning and associated strategic posturing
Champion Casualty strategies with the relevant Actuarial teams,
adjusting to local realities as needed
Work with Casualty-focused actuarial leads within GRS businesses to
translate global pricing strategies into local execution
strategies
Responsible for integrated, GRS-level narrative across Pricing,
Reserving, Planning, working with Actuarial teams to gather and
synthesize information and insights
Create and maintain a feedback loop between Business Actuaries,
Reserving Actuaries, Office of GRS Underwriting, Product Board and
other relevant functions
QualificationsBachelor`s degree required
Insurance designations desirable
Fellowship in the Casualty Actuarial Society (FCAS) preferred, ACAS
required
Typically 0-2 years post-fellowship
Minimum of 10 years of progressively more responsible experience
(typically 12 or more) in an actuarial role, some of which may
include experience as an actuarial candidate taking exams
Requires detailed knowledge of the operations and processes
associated with the operational group and the other operational
groups that support or depend on it
Strong analytical skills with solid understanding of all casualty
actuarial techniques, standards, and assumptions
This position requires an experienced and knowledgeable actuarial
viewpoint in a wide variety of actuarial subjects, and in company,
industry, and regulatory practices
Knowledge should include data, methodologies, systems and
platforms
Advanced to expert knowledge of specialized software, actuarial and
statistical methods, tools, and the existence of programming
languages
Highly proficient, as acquired through experience
Ability to learn as needed
Ability to think outside of focus area and think cross
functionally
Able to undertake new processes/analysis based on cutting edge
research and technologies, within and outside the insurance
industry
Focus efforts on staying competitive in the market
Ability to grasp theoretical concepts
Ability to synthesize knowledge and apply to a specific business
problem
Demonstrated ability to exchange ideas and convey complex
information clearly and concisely, both verbally and in writing
Ability to make decisions with incomplete information
Ability to establish and build effective relationships within and
outside the organization
Ability to give effective training and presentations to senior
management and other groups
About UsAt Liberty Mutual, our purpose is to help people embrace
today and confidently pursue tomorrow. That's why we provide an
environment focused on openness, inclusion, trust and respect.
Here, you'll discover our expansive range of roles, and a workplace
where we aim to help turn your passion into a rewarding
profession.
Liberty Mutual has proudly been recognized as a "Great Place to
Work" by Great Place to Work - US for the past several years. We
were also selected as one of the "100 Best Places to Work in IT" on
IDG's Insider Pro and Computerworld's 2020 list. For many years
running, we have been named by Forbes as one of America's Best
Employers for Women and one of America's Best Employers for New
Graduates as well as one of America's Best Employers for Diversity.
To learn more about our commitment to diversity and inclusion
please visit:
https://jobs.libertymutualgroup.com/diversity-inclusion
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
San Francisco
Los Angeles
Philadelphia
Keywords: Liberty Mutual, Bayonne , Global Actuarial - Casualty Actuary STP II NY, Accounting, Auditing , New York, New Jersey
Click
here to apply!
|