Actuary (Auto Mobility Analytics)

Job Description

Job Category: Actuarial

Typical Starting Salary: $140,000-$170,000

Minimum Salary: $117,000.00

Maximum Salary: $225,000.00

Schedule: Full-Time

Flexible Time Off Annual Accrual: 20 days

Application Deadline: 2/7/25

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 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.

You will interface with pricing actuaries at our customers, monitor and evaluate overall profit and growth results across segments, develop inputs to the financial plan, and contribute analytical support to key Mobility strategic initiatives.

This ensures 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.

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:

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

Qualifications:

• 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.
• Minimum 5-7 years relevant experience required.
• Sound knowledge of actuarial techniques and standards, as well as other business operations including financial, underwriting, legal, statistics, claims, sales, etc.
• Advanced communication and interpersonal skills and ability to build relationships and interact effectively with others within and outside the organization.
• Ability to motivate and mentor peers and motivate and train subordinates.
• Advanced computing skills (MS Office Excel, SAS, etc.); Ability to build complex models.

Fair Chance Notices:

• California
• San Francisco
• Los Angeles
• Philadelphia