What are the responsibilities and job description for the Actuary- Middle Market Energy Underwriting position at Liberty Mutual Insurance Group?
Perform in-depth analysis of the US Middle Market Energy portfolio to assist business decision making, financial planning, and strategy development. Prepare and contribute to actuarial research and complex reports and studies; effectively communicate and present findings and exhibits to peers, functional leadership and business leaders. Proactively partner with the US Middle Market Energy team to understand business needs and translate them into Actuarial analyses and recommendations. Serve as a subject matter expert in large account and complex product pricing for all primary and lead lines of business, while recommending best practice standards for high severity casualty business. Communicate complex and technical actuarial work clearly and concisely to both technical and non-technical audiences, and on cross functional teams. Lead and deliver training topics and portfolio findings to Underwriting audiences. Retrieve, manipulate, interpret, and analyze data as it relates to assigned and related projects. Maintain clear and concise documentation of methods and activities. Serve as an Actuarial resource for other departments, offering technical guidance, assistance, and information as needed. Mentor, motivate, and train less experienced staff and peers. Provide recommendations for and assist in the creation and maintenance of actuarial tools. If applicable, positive progress towards pursuing and passing of required actuarial exams Bachelor's degree required; Master's degree preferred. Associateship or Fellowship in the Casualty Actuarial Society (ACAS/FCAS) or in Society of Actuaries (ASA/FSA) 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.) with ability to build complex models.