Sorry, this job is no longer accepting applications. See below for more jobs that match what you’re looking for!

Senior Actuary/Senior Managing Actuary Pricing

Expired Job

Liberty Mutual Holding Company Inc. Boston , MA 02298

Posted 2 months ago

Advance your Actuarial career at Liberty Mutual Insurance- A Fortune 100 Company!

As a member of the Corporate Pricing and Planning function within Corporate Actuarial, assist in ensuring consistency of actuarial assumptions relating to pricing and planning across the business units of Liberty Mutual. Responsibilities include working with Chief Actuary, Pricing to define and maintain best practices relating to pricing tools, monitors, and implementations and the identification of key segments for independent review and coordinating key assumptions, methodologies, and controls used for loss ratio planning across business units. Apply an understanding of the business implications and influence the courses of action taken and consult with business leaders, staff and other groups regarding actuarial, financial, strategic, business planning, and other matters. Direct and contribute to complex cross-functional and organizational projects having broad impact for business decision-making; Contribute to the setting of standards and models for best practices. Support large actuarial projects that may be outside of regular responsibilities.

Responsibilities:

  • Coordinate and support activity between large Actuarial groups and operating units and across SBUs, i.e. pricing standards and planning assumptions.

  • Regularly interacts with business leaders; conversations are broader than the actuarial function.

  • Support development of the Liberty Mutual pricing strategy.

  • Become expert on matters relating to pricing and planning for assigned areas and advise Corporate Actuarial leadership and other business leaders.

  • Conduct independent assessment of the adequacy of pricing tools and strategy.

  • Performs independent reviews for key planning segments and appropriateness of key assumptions, methodologies, and controls used for loss ratio planning.

  • Conduct research and development on topics including pricing and planning methodologies.

  • Stays abreast of competitors' pricing strategies and methodologies.

  • Contribute to development and maintenance of policies and procedures that advance our Actuarial pricing and planning capabilities company-wide.

  • Boston preferred but open to additional locations.

This is a range posting for a grade 20 Senior Actuary or a grade 21 Senior Managing Actuary

Qualifications:

  • Bachelor's degree required. Insurance designations desirable.

  • Demonstrated expertise in financial management of a P&C business.

  • Fellowship in the Casualty Actuarial Society (FCAS) designation required, or comparable actuarial education/designation combined with relevant experience.

  • Strong analytical skills with solid understanding of all casualty actuarial techniques, standards, and assumptions.

  • Strong knowledge of insurance operations, procedures and P&C insurance business.

  • Demonstrated ability to exchange ideas and convey complex information clearly and concisely, both verbally and in writing.

  • Demonstrated ability to anticipate areas of management concern, integrate different perspectives, and respond accordingly.

  • Exceptional interpersonal and communication skills required to establish and build effective relationships within and outside the organization.

  • Ability to give effective training and presentations to management and other groups.

  • Demonstrated ability to organize, lead, and get work done through others.

  • Demonstrated ability to exert influence over senior managers, operating managers, and others on matters of importance to the SBU.

  • Ability to navigate and willingness to work ambiguous situations.

Benefits:

We value your hard work, integrity and commitment to positive change. In return for your service, it's our privilege to offer you benefits and rewards that support your life and well-being. To learn more about our benefit offerings please visit:


upload resume icon
See if you are a match!

See how well your resume matches up to this job - upload your resume now.

Find your dream job anywhere
with the LiveCareer app.
Mobile App Icon
Download the
LiveCareer app and find
your dream job anywhere
App Store Icon Google Play Icon
lc_ad

Boost your job search productivity with our
free Chrome Extension!

lc_apply_tool GET EXTENSION

Similar Jobs

Want to see jobs matched to your resume? Upload One Now! Remove
Senior Associate Actuary

Fidelity

Posted 5 days ago

VIEW JOBS 1/12/2019 12:00:00 AM 2019-04-12T00:00 Position Description: Serves as a member of Fidelity's Professional Services Group, which is part of the Health and Welfare team within Benefits Consulting. Primary Responsibilities: * Collects and prepares data necessary to analyze benefit programs and provides assistance to more senior consultants in analysis of benefit programs. * Collects renewals and assists in the analysis, negotiations, and finalization of renewals. * Maintains client documentation, including SPDs, contracts, and employee communication. * Assists in the development of health and welfare program pricing, budgets, employee contributions, and premium equivalent rates for self-insured plans. * Assists in the negotiation of rates, contractual provisions, and performance guarantees with current benefit vendors. * Performs marketing analysis including RFP creation, proposal collection, and vendor comparisons. * Assists with vendor selection, performance criteria, pricing negotiations, contractual provisions, and performance guarantees. * Assists with the management of new and existing vendors during the implementation process. * Maintains knowledge regarding the major health plans, administrators, and other vendors in the marketplace in order to consult with clients and prospects. * Maintains project plans and status logs with completion times and issue resolutions/decisions. * Escalates issues with project timing and scope. * Creates letters, presentations, proposals, charts, and spreadsheets for management. #PE1M2 Education and Experience: Bachelor's degree (or foreign education equivalent) in Statistics, Mathematics, Economics, Mathematical Decision Sciences, Actuarial Science, Actuarial Mathematics, or a closely related field and three (3) years of experience in the job offered or three (3) years of experience performing actuarial consulting within a corporate healthcare or healthcare consulting environment. Or, alternatively, a Master's degree (or foreign education equivalent) in Statistics, Mathematics, Economics, Mathematical Decision Sciences, Actuarial Science, Actuarial Mathematics, or a closely related field and one (1) year of experience in the job offered or one (1) year of experience performing actuarial consulting within a corporate healthcare or healthcare consulting environment. Skills and Knowledge: Candidate must also possess: * Demonstrated Expertise ("DE") in financial modeling of employer group health plans, including rate setting, contribution and plan design modeling, and trends analysis and forecasting, using Excel and VBA. * DE performing actuarial analysis -- quantitative analysis of financial, utilization, and cost data -- of health and welfare plans. * DE performing claims utilization liability analysis, including applying multiple reserving procedures and methods and IBNR. * DE evaluating and ranking financial, network, benefit, performance and member experience, and components of Private Exchanges, Active Medical, and Medicare plans through the RFP and RFI processes. Fidelity Boston MA

Senior Actuary/Senior Managing Actuary Pricing

Expired Job

Liberty Mutual Holding Company Inc.