What are the responsibilities and job description for the Actuarial Analyst, Actuarial Development Program position at Liberty Mutual Insurance Group?
Maintain status in Actuarial Development Program Produce Actuarial rate level indications for the Pet Insurance products. Research and identify drivers of performance and trends and develop actionable rate and non-rate recommendations to drive profit improvement and profitable growth. Provide actuarial support for pet insurance filings for rate and other new initiatives Develop line-of-business expertise for the pet products and deliver robust profitability views that reflect the latest opinions on experience, trends, and initiatives. Effectively communicate project/analysis findings and recommendations to team members and stakeholders throughout the organization. Build effective stakeholder relationships and influence decisions and actions on recommended product strategies. Retrieve, understands and manipulates data as it relates to assigned and related actuarial projects. Lead and support crossline initiatives and other ad hoc projects as necessary. Proactively identify and act on method and process improvement opportunities. Practice and promote analytical, documentation, and other actuarial best practices. Positive progress towards pursuing and passing of required actuarial exams. The person hired into this role will become a part of our Actuarial Development Program and will rotate within the first two years of hire as part of the Development Program. A requirement of this program is to make positive progress towards achieving ACAS/FCAS. As an Actuarial Development Program participant, you'll be a valued member of a collaborative community of actuarial teammates. In this entry-level rotational program, you'll complete two rotations across a variety of disciplines, including reserving, pricing, modelling, and analytics.