Senior Pricing ReInsurance Actuary II - Boston, MA (02108)

Description Liberty Mutual Reinsurance is looking for a reinsurance pricing actuarial leader with a focus on casualty business to advance the pricing sophistication and profitability of the line of business.

This role will focus on individual account pricing, building pricing models and systems aligned with pricing strategies for world-wide casualty business, and provide pricing support for other lines of business as well.

By leveraging the support of meta-line actuaries and other business unit and product line actuaries, the successful actuary will drive improved pricing and market sensing in alignment with corporate objectives.

Strong expertise in primary and excess casualty pricing techniques is desired.

Responsibilities: Serve as the actuarial business partner and advisor to the account and business unit underwriter, the meta-line WW casualty pricing lead, the Liberty Mutual Reinsurance office of underwriting, and other GRS business functions Influence key strategic decisions related to casualty business such as portfolio design, tolerances, underwriting guidelines and risk assessment Bring synthesized competitive intelligence and insights on leading indicators to support market cycle sensing and performance monitoring Partner with business actuaries to develop strategies around technical price and pricing tools Support product planning and associated strategic posturing Champion casualty strategies with the relevant actuarial teams, adjusting to local realities as needed Work with casualty-focused actuarial leads within Global Risk Solutions (GRS) businesses to translate global pricing strategies into local execution strategies Maintain and foster a feedback loop between pricing actuaries, reserving actuaries, business actuaries, office of underwriting, product leaders, and other relevant functions

Qualifications Bachelor`s degree required Insurance designations desirable Fellowship in the Casualty Actuarial Society (FCAS) preferred, ACAS required Typically 0-2 years post-fellowship Minimum of 10 years of progressively more responsible experience (typically 12 or more) in an actuarial role, some of which may include experience as an actuarial candidate taking exams

Experience should include at least 5 years of P&C reinsurance pricing experience or 7-10 year of P&C large account primary insurance pricing experience Requires detailed knowledge of the operations and processes associated with the operational group and the other operational groups that support or depend on it Strong analytical skills with solid understanding of all casualty actuarial techniques, standards, and assumptions This position requires an experienced and knowledgeable actuarial viewpoint in a wide variety of actuarial subjects, and in company, industry, and regulatory practices Knowledge should include data, methodologies, systems and platforms Advanced to expert knowledge of specialized software, actuarial and statistical methods, tools, and the existence of programming languages Highly proficient, as acquired through experience Ability to learn as needed About Us Pay Philosophy: The 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.

At Liberty Mutual, our goal is to create a workplace where everyone feels valued, supported, and can thrive.

We build an environment that welcomes a wide range of perspectives and experiences, with inclusion embedded in every aspect of our culture and reflected in everyday interactions.

This comes to life through comprehensive benefits, workplace flexibility, professional development opportunities, and a host of opportunities provided through our Employee Resource Groups.

Each employee plays a role in creating our inclusive culture, which supports every individual to do their best work.

Together, we cultivate a community where everyone can make a meaningful impact for our business, our customers, and the communities we serve.

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/Benefits Liberty 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.

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