Actuary, Auto Mobility Analytics

Liberty Mutual Insurance; Boston (MA); On-site; USD 150,000 - 200,000; Full time

Job summary

Join a dynamic Mobility Analytics team at a Fortune 100 company, where you'll play a pivotal role in driving profitability for innovative insurance solutions. This position involves analyzing pricing strategies, monitoring account performance, and collaborating with various teams to adapt to emerging trends in transportation. You will leverage your advanced actuarial skills and analytical expertise to provide insights that shape the future of mobility insurance. If you're passionate about making a significant impact in a fast-paced environment and thrive on intellectual challenges, this role offers an exciting opportunity for professional growth and contribution.

Qualifications

• 5-7 years of relevant experience in actuarial roles.
• Strong knowledge of financial, underwriting, and statistical principles.

Responsibilities

• Price individual accounts in the Mobility portfolio and deliver profitability insights.
• Support new opportunity development and automate indication-related tools.

Skills

Actuarial Techniques

Advanced Communication Skills

Interpersonal Skills

Analytical Skills

Problem-Solving

Education

Bachelor's Degree

Master's Degree

ACAS/FCAS Designation

Tools

MS Office Excel

SAS

Job description

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.

Description

Are you looking to have a significant impact on the financial results of a Fortune 100 company? As a member of the Mobility Analytics team within the Auto Analytics team in US Retail Markets (USRM), you will play a critical role in developing indications, pricing analysis, and recommendations for each mobility account, interfacing with pricing actuaries at our customers, monitoring and evaluating overall profit and growth results across segments, developing inputs to financial plan, and contributing analytical support to key Mobility strategic initiatives to ensure we deliver target profitability for the Mobility portfolio and position it for future profitable growth.

The Mobility team is responsible for adapting to changing consumer preferences and emerging trends in the transportation of both people and goods and the impacts of those trends on our customers’ insurance needs. Key segments include ridehail (e.g. Uber, Lyft), goods delivery, autonomous vehicles, next generation vehicle technology, peer-to-peer, micromobility, shared economy, and the evolution of electric vehicles and connectivity.

The role will be part of a team of 4 actuaries and report to the Mobility Analytics Actuarial Director in USRM.

This role may have in-office requirements depending on candidate location.

Key Responsibilities:

1. Price individual accounts in the Mobility portfolio, partnering with teams across both USRM and Global Retail Services (GRS).
2. Deliver ongoing monitoring and profitability insights.
3. Provide inputs to help develop the Mobility financial plan.
4. Support new opportunity development for potential partners in collaboration with peer teams.
5. Automate, standardize, and improve indication-related tools, share best practices.
6. Consistently deliver high levels of performance while operating in an environment of ambiguity.
7. Demonstrate intellectual curiosity to identify trends, potential issues, and their underlying causes.
8. Evaluate tactical underwriting and pricing strategies.
9. Effectively communicate sophisticated financial/actuarial data to varied audiences; appropriately tailor communications based on the audience.
10. Deliver ridehail profitability reviews.
11. Communicate product performance and identify optimization opportunities.
12. Communicate regular updates to internal and external stakeholders.

Qualifications

1. Bachelor's degree required; Master’s degree preferred. Associateship or Fellowship in the Casualty Actuarial Society (ACAS/FCAS) designation preferred or comparable education/designation with relevant experience.
2. Minimum 5-7 years relevant experience required.
3. Sound knowledge of actuarial techniques and standards, as well as other business operations including financial, underwriting, legal, statistics, claims, sales, etc.
4. Advanced communication and interpersonal skills and ability to build relationships and interact effectively with others within and outside the organization.
5. Ability to motivate and mentor peers and motivate and train subordinates.
6. Advanced computing skills (MS Office Excel, SAS, etc.); Ability to build complex models.

About Us

This position may have in-office requirements depending on candidate location.

At Liberty Mutual, our purpose is to help people embrace today and confidently pursue tomorrow. That's why we provide an environment focused