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 Senior Actuarial Analyst

Details
Country: USA
Location: Boston MA
Total applied: 40
Location:US-MA-Boston

Base Pay:N/A
Employee Type:Full-Time Employee

Industry:Insurance

Manages Others:no
Senior Actuarial Analyst

Under general direction, assists in the actuarial analysis of the company's pricing posture and the development of rate level recommendations and loss reserves to department management. May supervise one to two analysts. Math and analytical skills; normally acquired through a BS in math, statistics or related field plus 3 - 4 years of experience. Substantial knowledge of insurance principles and rate-making concepts required. Knowledge of the functions of various departments such as financial, underwriting, Legal, Stats, Claims, Sales, and policy writing are required. Oral and written communication skills needed to communicate effectively with other departments and to negotiate with regulators. PC and programming skills needed in facilitating report productions. Completion of a minimum of five CAS exams are required.
REQUIREMENTS
We have a great opportunity available in Commercial Actuarial Research and Development, working in our Workers' Compensation R&D unit. General responsibilities in this position include predictive modeling of WC, developing and updating pricing tools, support for annual planning, and fundamental research into the drivers of profitability. We are looking for a student with 4-7 exams and at least three years of commercial lines experience. Solid candidates for this position should have solid technical abilities, but experience i predictive modeling is not a requirement.

We recognize that talented people are attracted to companies that provide competitive pay, comprehensive benefits packages and outstanding advancement opportunities. For this reason we offer a Comprehensive Benefits Plan that includes the following: 401K and retirement plan, Accidental death & dismemberment insurance, Credit Union membership, Dental coverage, Dependent life insurance, Disability insurance, Discounts on automobile and homeowner's insurance, Employee life insurance, Long-term care insurance, Medical coverage, Paid time-off, Pay-for-Performance, Reimbursement accounts, Tuition reimbursement, Vision care coverage, and Work/Life resources.

"Helping people live safer, more secure lives" since 1912, Boston-based Liberty Mutual Group (libertymutual.com) is a leading global multi-line group of insurance companies whose largest line of business is private passenger auto, based on 2004 net written premium.

As of December 31, 2005, Liberty Mutual Group had $78.8 billion in consolidated assets and $21.2 billion in consolidated revenue. Liberty Mutual ranks 102nd on the Fortune 500 list of largest U.S. corporations based on 2005 revenue, and is the eighth-largest personal lines writer and fifth-largest commercial lines writer in the U.S. based on 2004 direct written premium. Liberty Mutual Group today employs more than 39,000 people in more than 900 offices throughout the world.

The company has received financial strength ratings of "Excellent" (A) from the A.M. Best Company, "Good" (A2) from Moody's Investors Service and "Strong" (A) from Standard & Poor's.

Liberty Mutual Group operates under a mutual holding company structure, owned by its policyholders. The three principal insurance companies of the group, Liberty Mutual Insurance Company, Liberty Mutual Fire Insurance Company and Employers Insurance Company of Wausau, each are stock insurance companies under the ownership of Liberty Mutual Holding Company Inc.

Liberty Mutual Group operates through four strategic business units with no single unit contributing more than 30 percent of net premium written: Personal Market, Commercial Markets, Agency Markets, and Liberty International.

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