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Actuarial Analyst

Liberty Mutual Insurance
Seattle, WA Full Time
POSTED ON 2/18/2025
AVAILABLE BEFORE 5/2/2025

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

North America Actuarial & Analytics is seeking analysts who will be responsible for supporting the US Middle Market Underwriting teams.You will work directly with underwriting, product and actuarial to enhance pricing decisions and influence strategy. This position will be focused on providing high quality analyses and effectively communicating key outcomes to support ongoing / prospective strategies for US Middle Market.As such, the successful candidate will possess strong analytical and communication skills, as well as a demonstrated ability to execute thoroughly in a collaborative environment.

If the selected candidate lives within 50 miles of a GRS office, the expectation is for the candidate to be in the office two times / week for collaboration. This policy is subject to change.

Responsibilities :

  • Provide support to actuaries and others by performing analysis to assist business decision making, financial planning, and strategy development.
  • Collaborate with Casualty and Cross Lines Pricing Teams on tools used by Underwriting.
  • Assist in the preparation of actuarial research and complex reports and studies; Communicate and present findings and exhibits to peers, functional leadership, and business leaders.
  • Provide clear and concise communication of technical work to technical and non-technical audiences, and on cross functional teams.
  • Work with underwriting to provide account level support.
  • Maintain clear and concise documentation of methods and activities.
  • Retrieve, understand, and manipulate data as it relates to assigned and related projects.
  • Build tools that enhance pricing and influence underwriting strategy.
  • Support account segmentation exercise (may vary by segment / industry).
  • Assist in rate filings as needed by each segment.

Qualifications

  • Proven math and analytical skills, as normally acquired through the pursuit of a Bachelors degree in Mathematics, Statistics, Economics, Actuarial Science, or related field.
  • Commitment to achieving Fellowship in the Casualty Actuarial Society.
  • Passing grades on a minimum of 2 Casualty Actuarial Exams is required.
  • Minimum 2-4 years relevant experience required.
  • Prior experience and knowledge of basic actuarial techniques and standards and insurance operations.
  • Solid oral and written and presentation communication skills.
  • Solid interpersonal skills and the ability to work in a team environment as well as independently.
  • Ability to exercise discretion and apply independent judgment and critical thinking skills in execution of assignments.
  • Ability to balance multiple projects with some direction.
  • Intermediate MS Office Excel and SAS skills
  • Ability to build simple models; Programming skills are desirable.
  • 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 allemployees 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

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