Demo

Chief Actuary Reserving - North America

Liberty Mutual Insurance Group
Boston, MA Full Time
POSTED ON 8/20/2026
AVAILABLE BEFORE 10/19/2026
Provide an independent assessment of the NA reserves and associated reserve risks, ensuring the adequacy and accuracy of the NA reserves. Ensure use of accurate, sound, and innovative approaches in projecting and setting reserving guidelines that are consistent with those of Global Risk Solutions (GRS). Communicate the quarterly reserve analyses to the NA leadership. Lead and develop a NA reserving capability that is technical and commercial-minded. Be an inclusive leader committed to mentoring and developing team members to assume progressively senior actuarial and business leadership roles. Provide proactive insights that are sought out by the business leaders. Identify key trends, areas of uncertainty to monitor, and macroeconomic factors that are impacting the business. Work in close collaboration with underwriting, pricing, claims and finance to develop a common view of the business. Work in partnership with the various stakeholders to identify emerging trends that could impact results and propose corrective action in a timely manner. Apply innovative approaches and leading-edge tools to analyze the business. Ensure the quality of the data and its consistent application in the reserving process. Foster a culture of technical rigor, transparency, and consistency. Execute a governance framework that ensures that reserving guidelines are consistently applied and all processes comply with internal operational control requirements and all external regulatory and audit requirements. Collaborate with the broader actuarial organization and other strategic business units to share knowledge and advance the business. Seek opportunities to continuously improve and streamline processes. Keep abreast of new reserving methodologies, trends and product/ tort reforms and other external issues. Bachelor's degree required Insurance designations desirable Fellowship in the Casualty Actuarial Society (FCAS) designation required, or comparable actuarial education/designation combined with relevant experience Demonstrated expertise in financial management of a P&C business Ability to participate effectively on the senior management team Strong analytical skills with solid understanding of all casualty actuarial techniques, standards, and assumptions Expert knowledge of insurance operations and P&C insurance business Excellent management and communication skills Strategic thinking and ability to set direction for team Demonstrated ability to exchange ideas and convey complex information clearly and concisely, both verbally and in writing Demonstrated ability to anticipate areas of senior management concern, integrate different perspectives, and respond accordingly Exceptional interpersonal and communication skills required to establish and build effective relationships within and outside the organization Ability to give effective training and presentations to senior management and other groups Demonstrated ability to organize, lead, and get work done through others Ability to develop staff and managers to support succession planning and address on-going talent needs Ability to build and manage talent across the enterprise in conjunction with peers Demonstrated ability to exert influence over senior managers, operating managers, and others on matters of importance to the SBU

Salary.com Estimation for Chief Actuary Reserving - North America in Boston, MA
$171,560 to $220,774
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