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Manager, Actuary- Property Pricing Single Carrier IL

Liberty Mutual
Chicago, IL Full Time
POSTED ON 3/11/2025
AVAILABLE BEFORE 6/11/2025

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 North America Actuarial & Analytics is seeking a Manager, Actuary responsible for supporting Single Carrier Property growth and profitability goals. As lead actuary for field teams, you will build knowledge and expertise of Property business segments to provide meaningful actuarial analysis around loss drivers, impact of business strategy, mix of business, and directly support large account pricing. Scope of responsibilities will include engagement and influence of business strategies, portfolio and STT monitoring & reporting,training underwriting teams on models, communications of pricing updates and thought leadership around complex account pricing. This position will help drive the strategic vision of Property pricing through partnerships with a variety of customers including Field Management, Finance, and Internal Pricing teams. The successful candidate will possess strong analytical and communication skills, as well as a demonstrated ability to execute thoroughly in a collaborative environment. Superior problem-solving and experience managing moderate complexity projects required.Responsibilities : Work closely with underwriting, providing pricing and portfolio solutions to support profitability and growth goals.Directly influence and engage in quarterly deep dives, product planning and strategy evaluations.Provide book mix insights and CAT exposure through aggregation and TVAR monitoring.Perform complex actuarial analyses to assist business decision making and strategy development.Enhance and execute large account pricing methods to supplement technical pricing for complex commercial Property accounts.Provide clear and concise communication of technical actuarial work to underwriters, managers, and senior leadership.Deliver pricing model updates and portfolio impacts to underwriting partners.Collaborate closely with groups such as ERM CAT, Finance, Product and Office of Underwriting teams to drive strategy.Strong data manipulation skills including the ability to query, consolidate, and test for reasonability needed. Knowledge of R and SAS preferred.Manage 2-3 analysts and / or actuarial students.Preferred Skills : Strong data manipulation skills including the ability to query, consolidate, and test for reasonability needed.Knowledge of R and SQL preferred.QualificationsBachelor's degree required; Masters degree preferredFellowship in the Casualty Actuarial Society (FCAS) or near-FCAS designation preferred5-10 years progressively responsible experience, including supervisory experienceAbility to foster teamwork and relationships across organizational lineKnowledge of underwriting concepts including company / agency relationships' importance to the business success.Written and verbal communication skills, including the ability to effectively express technical actuarial and statistical concepts to non-technical individuals internal and external to the organizationAdvanced decision making, problem solving and analytical skillsExpands / maintains Actuarial professional knowledge through society (CAS / AAA) publications and meetings / conferencesAbout UsAs 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 all employees 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 / BenefitsLiberty 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 NoticesCaliforniaLos Angeles IncorporatedLos Angeles UnincorporatedPhiladelphiaSan Francisco

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