What are the responsibilities and job description for the Insurance Risk Analyst position at Liberty Mutual Insurance?
Schedule : Full-Time
Salary Range : USD $86000.00 - $150000.00
Job Category : Risk Control
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
Working independently, the Sr. CAT Management Analyst will oversee the databases and applications used to asses and monitor all exposures including models to assess exposures and vulnerability to natural and man-made events. Will assist CAT Management in the development of risk management tools, modeling techniques, and processes needed to monitor and control exposures. Responsible for pricing reinsurance treaties and structures
as required by underwriters. Serves as the technical expert and department resource
for TAs and underwriters.
Responsibilities
- Technical expert and primary contact for user support on Catastrophe Modeling (AIR / RMS) applications.
- Provide modeled output for pricing of a variety of reinsurance treaties in a timely manner.
- Coordinate rollup of catastrophe portfolio and work on ad-hoc projects with Exposure Management team in London.
- Develop processes for c ollecting and monitoring data on a monthly basis to ensure a high level of data integrity.
- Applies expert knowledge to CAT Management and data modeling tools employed by LSM.
- Independently prepare complex analyses and presents findings to management. Work with CAT Management to create standard reports to keep management informed of current exposure accumulations and forecast of future risk.
- Develop ad-hoc reporting as required.
- Work with CAT Management and Entity Management to ensure the efficiency and accuracy of the data collection, modeling and reporting.
- Retains ownership and management of projects and initiatives directed by CAT management.
- Identify opportunities for efficiencies and improvements to processes, controls and technology systems related to CAT Management.
- Develop and implement recommended improvements.
Qualifications
About Us
At 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.
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.
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
Employment Type : Full Time
Salary : $86,000 - $150,000
