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.
DescriptionJob Summary:
The US Retail Markets Personal Lines (PL) Auto Countrywide Indications team is seeking an Actuary to join a team whose mission is to help achieve target profitability for PL Auto by producing both IF and NB Indications.
This is a high visibility role, where you will play a key role in producing countrywide indications that serve as a foundation for rate guidance and overall pricing strategies. You will work closely with others across Auto Analytics and other groups, including Reserving, Claims, Product, and Finance.
**This role may have in-office requirements dependent on candidate location.**
Responsibilities:
Create countrywide loss development projections and further enhance existing actuarial methods.Leverage and enhance mix model to be able to control for mix shift for indications purposes.Leverage internal and external information to inform both historical and projected frequency, severity, and premium trend projections.Serve as a subject matter expert, assisting junior analysts and peers across the organization with complex analytical tasks and fostering an environment of collaboration.Clearly explain the drivers behind the changes in the indications over time and its comparison to plan.Identify and drive forward improvements in methodologies, processes, and 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 3-5 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.Strong data manipulation skills including the ability to query, consolidate, and test data for reasonability are required.Advanced computing skills (MS Office Excel, SQL, Snowflake, Power BI etc.) with ability to build models of moderate complexity.Ability to motivate and mentor peers.Ability to exchange ideas and convey complex information clearly and concisely. About Us**This position may have in-office requirements depending on candidate location.**
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