As a Liberty Mutual Insurance actuary, you’ll use your analytical talents to resolve thought-provoking business problems and bring value to our customers. You’ll work in a collaborative and dynamic work environment where the challenges are on-going.
Role Description
The Global Risk Solutions (GRS) Capital & Analytics group is seeking a highly motivated individual to join its Insurance Risk Parameterization & Analytics team. This individual will manage a small team of modelers responsible for designing, developing, and implementing dynamic UW Risk modeling and analysis for the Global Risk Solutions organization. They will support UW Risk parameterization, modeling, and validation as well as wide ranging uses of the models.
The successful candidate will have strong analytical, leadership, and project management abilities. They will be skilled at developing complex insurance risk models and experienced at identifying and solving complex capital modeling related problems. In addition, they will have a deep understanding of commercial lines insurance and reinsurance, have good business judgment, and be comfortable owning important analyses that will receive significant visibility.
Global Risk Solutions is a leading provider of commercial, specialty insurance, and reinsurance products, delivering a wide array of innovative products, deep technical expertise, strong client engagement and market-leading performance worldwide. The product lines include workers’ compensation, commercial multi-peril, surety bonds, crisis management, marine, terrorism, management liability, cyber liability, and energy.
Responsibilities
- Parameterize UW Risk excluding natural catastrophe risk
- Build and maintaining UW risk models
- Validate model parameterization and model function
- Collaborate with Underwriting and Actuarial to understand the business and guide development of Risk Analytic tools that accurately reflect the business
- Develop tools to evaluate and optimize the GRS reinsurance program
- Provide ad hoc consultation to other teams and to leaders on UW Risk related topics
- Implement timely and practical solutions to complex problems
- Lead or participate in cross-Liberty efforts on UW risk modeling
- Develop departmental policies & procedures