Senior Actuarial Manager

Job Category: Actuarial

Minimum Salary: $153,000.00

Maximum Salary: $276,000.00

Schedule: Full-Time

Flexible Time Off Annual Accrual: 25 days

Application Deadline: 4/29/2025

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 reflects the competitive labor market value for all employees in these positions across the national market.

Some roles 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:

North America Actuarial & Analytics is looking for an innovative actuarial leader to advance Lead & Excess pricing for a $550M+ book of business. In this position, you will own the end-to-end pricing strategy, including rate indications and pricing model development for Lead & Excess.

You will serve as the actuarial subject matter expert and provide thought leadership alongside underwriting, product, and actuarial experts to develop new ideas to improve pricing sophistication and process throughout North America Lead & Excess.

This includes evaluation of pricing and supporting models that effectively differentiate risk and strategic support of the Specialty US Casualty & Majors Excess Casualty profit centers to develop actionable strategies to improve profitability and maximize profitable growth.

This role will influence a wide group of underwriting organizations through effective communication of analytical insights and ensure effective underwriter use of models.

In addition, this role has direct responsibility to support the Specialty US Casualty & Majors Excess Casualty underwriting group, including evaluation of strategic direction.

Successful candidates will collaborate effectively across varied groups to drive actions and consistency where warranted.

Responsibilities:

• Work across functions to lead complex and creative actuarial pricing analyses.
• Perform actuarial analyses for North America Lead & Excess line and make recommendations concerning valuation/reserving, pricing, product development, research/support, business planning, finance, or other business areas.
• Prepare and interpret the data used to support rate filings with state departments of insurance; perform reinsurance analysis.
• Act as a thought partner to the Office of Underwriting, Specialty US Casualty & Majors Excess Casualty leadership; foster partnerships across the North America organization to improve Lead & Excess profitability.
• Collaborate effectively across casualty teams to deliver a consistent approach to pricing accounts.
• Manage or participate in studies that underlie actuarial assumptions and are designed to improve risk selection and pricing.
• Provide consultation to senior leaders and other groups on pricing, rates, and related matters, the development and use of pricing models/tools, business planning, or other financial studies.
• Monitor and analyze financial results to communicate the impact of strategic and operational plans.
• Develop and revise strategic and tactical plans as necessary to meet corporate objectives and respond to environmental changes.
• Identify data requirements for analysis, tool development, reporting, and decision making.
• Partner with IT and Data Science Solutions to implement pricing models.
• Manage a staff of 6 including a manager and individual contributors.

The ideal candidate will possess:

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

Demonstrated ability to apply the depth/breadth of actuarial skills and business acumen with 7 or more years of progressively responsible actuarial experience, including managerial experience.

Solid understanding of all casualty actuarial techniques, standards, and assumptions.

Strong organizational skills and ability to adapt well to the changing needs of the organization.

Exceptional ability to exchange ideas and convey complex information clearly and concisely, both verbally and in writing, to all levels of management.

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

Demonstrated commitment to Liberty’s Values, including a focus on continuous improvement and creating a culture of diversity, equity, and inclusion.

Qualifications:

• Bachelor's degree required. Fellowship in the Casualty Actuarial Society (FCAS) designation required, or comparable actuarial education/designation combined with relevant experience.
• Demonstrated ability to exert influence over senior managers, operating managers, and others on important matters.
• Analytical skills with expert understanding of all actuarial techniques, standards, and assumptions.
• Demonstrated expertise in financial management of a P&C business.
• Ability to manage a mix of assignments that will be both strategic and tactical.
• Exceptional interpersonal and communication skills required to establish and build effective relationships.
• Ability to give effective presentations to senior management and other groups.
• Demonstrated ability to organize, lead, get work done through others, and to select and develop talent.

Fair Chance Notices:

• California
• Los Angeles Incorporated
• Los Angeles Unincorporated
• Philadelphia
• San Francisco