Full-Time

Underwriting Risk Model Lead

Confirmed live in the last 24 hours

Liberty Mutual

Liberty Mutual

10,001+ employees

Global provider of property and casualty insurance

Financial Services

Senior, Expert

Remote in USA

Category
Risk Management
Finance & Banking
Required Skills
Python
R
VBA
Excel/Numbers/Sheets

You match the following Liberty Mutual's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • Bachelor's degree required; Masters degree preferred
  • Fellowship in the Casualty Actuarial Society (FCAS) or near-FCAS designation preferred
  • 5-10 years progressively responsible experience, including supervisory experience
  • Ability to foster teamwork and relationships across organizational lines
  • Knowledge 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 organization
  • Advanced decision making, problem solving and analytical skills
  • Expands/maintains Actuarial professional knowledge through society (CAS/AAA) publications and meetings/conferences
  • Ability to build complex models
  • Expert in MS Excel and Visual Basic for Applications (VBA); experience with UW risk / capital modeling software, R, and Python a plus
Responsibilities
  • Parameterize UW Risk excluding natural catastrophe risk
  • Build and maintain 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

Liberty Mutual offers a variety of insurance products and services, including personal automobile, homeowners, and commercial insurance. Their products work by providing financial protection against risks, where customers pay premiums in exchange for coverage. In the event of a loss, such as an accident or property damage, policyholders can file claims to receive compensation. What sets Liberty Mutual apart from its competitors is its extensive range of offerings and its global presence, operating in 29 countries. The company's goal is to provide reliable insurance solutions that help individuals and businesses manage their risks effectively.

Company Stage

N/A

Total Funding

N/A

Headquarters

Boston, Massachusetts

Founded

1912

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased AI adoption in claims management is transforming the insurance industry.
  • The rise of InsurTech startups offers opportunities for partnerships and innovation.
  • Cyber insurance demand is increasing, presenting growth opportunities for insurers.

What critics are saying

  • AI-driven claims management solutions could disrupt traditional insurance processes.
  • The departure of key personnel may lead to a loss of expertise.
  • The sale of operations in Western Europe may reduce market presence in that region.

What makes Liberty Mutual unique

  • Liberty Mutual is the eighth largest global property and casualty insurer.
  • The company offers a wide range of insurance products and services.
  • Liberty Mutual operates in 29 countries, serving both individual and commercial clients.

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Benefits

Performance Bonus