What are the responsibilities and job description for the Pricing Actuary- Majors Account position at Liberty Mutual Insurance Group?
Partner with Underwriting to provide account-level pricing support for Casualty lines of business including Auto, GL, and Workers Compensation. Perform complex actuarial analyses to support business decision making, strategy development and results monitoring at the segment level. Provide clear and concise communication of technical concepts and work products to underwriters, managers, and senior leadership within Majors Accounts and Actuarial and Analytics. Collaborate with Reserving teams to support and influence reserve deep dives. Collaborate with Models teams, Analytics, and Technology teams on tools and projects to enhance pricing and influence underwriting strategy. Directly influence and engage in quarterly profitability reviews. Coach and mentor junior colleagues and perform peer review on work products to maintain high standard of quality. Proven math and analytical skills, as normally acquired through the pursuit of a bachelor's degree in Mathematics, Statistics, Economics, Actuarial Science or related field. Minimum 3-5 years relevant experience required. Associateship or Fellowship in the Casualty Actuarial Society (ACAS/FCAS) designation preferred. Sound knowledge of actuarial techniques and standards, as well as business operations including underwriting, financial, claims, legal etc. Ability to work in a fast paced and dynamic environment, responding to business demands in a changing marketplace. Strong communication and interpersonal skills. Ability to deliver effective training and presentations to field staff and senior management. Ability to establish and build effective relationships within and outside the organization. Strong data manipulation skills including the ability to query, consolidate, and test for reasonability needed. Advanced computing skills (MS Office Excel, SAS, etc.) required. Bachelor's degree required; Masters Degree preferred. Fellowship in the Casualty Actuarial Society (FCAS) or in Society of Actuaries (FSA) designation preferred or comparable education/designation with relevant experience. Attaining Associateship alone is not a sufficient criterion to operate at this level, especially if exams have been passed very rapidly. 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.