SR Actuarial Analyst Or Assistant Actuary - GRS Reserving Support

Liberty Mutual Chicago , IL 60602

Posted 3 weeks ago

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

Global Risk Solutions (GRS) Actuarial is seeking a Senior Actuarial Analyst or Assistant Actuary on the Reserving Support team. Reserving support team is responsible for maintaining balance sheet integrity by ensuring SBU reserves are adequate. The team conducts regular reserve reviews, ensures adequate tools and methodologies are in place, provides internal/external audits support as well as reporting support under multiple regulatory bases and keeps management informed.

In this role, you'll use your analytical talents to resolve thought provoking business problems and bring value to our customers. You will support a business group or company's profit growth and operations objectives by performing and reviewing advanced actuarial analysis.

Responsibilities:

  • Perform reserving analyses for the assigned segments, including independent review and peer review.

  • Partner with operating units to understand impacts of business changes and properly reflect in reserves.

  • Effectively communicate results to management and external audience outside of actuarial group.

  • Collaborate with teammates and local actuaries on data process analyses and report-out for GRS.

  • Produce reports for exhibits for review, summarization and documentation purposes.

  • Manage or participate in projects designed to improve the quality of information, analysis and reserving process.

  • Work with various parties such as finance, IT, auditors, claims and underwriting.

Qualifications:

  • 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 line

  • 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

  • Mentor, motivate and train junior staff and peers.

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: https://LMI.co/Benefits

Overview:

At Liberty Mutual, we give motivated, accomplished professionals the opportunity to help us redefine what insurance means; to work for a global leader with a deep sense of humanity and a focus on improving and protecting everyday lives. We create an inspired, collaborative environment, where people can take ownership of their work; push breakthrough ideas; and feel confident that their contributions will be valued and their growth championed.

We're dedicated to doing the right thing for our employees, because we know that their fulfillment and success leads us to great places. Life. Happiness. Innovation. Impact. Advancement. Whatever their pursuit, talented people find their path at Liberty Mutual.


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