Liberty Mutual Assistant Actuary / Asst Dir or Dir I, Data Science, U. S. Modeling Team - Global Consumer Markets in Boston, Massachusetts

Advance your career at Liberty Mutual Insurance - A Fortune 100 Company!



GCM Actuarial – US Modeling Team is searching for a highly motivated Assistant Actuary or Assistant Direction/Director I, Data Science who is eager to make an impact on the very complex and evolving insurance industry. The Model Development team is responsible for applying sophisticated predictive modeling and analytical analysis to a broad range of business problems; communicating the results of their work to stakeholders; and providing guidance and peer oversight to other modeling groups. You will leverage primary data, advanced quantitative modeling and financial analysis to develop predictive analytic models and tools that enable data-driven strategic decision-making. This role requires broad knowledge of predictive analytics techniques, and advanced application of those techniques to a variety of business issues. You will provide highly technical analytical assessments of business issues to a mixture of technical and non-technical audiences so good communication skills are essential. This position will connect often with other groups across Liberty Mutual including Claims and Product.

/_Please note: The Hiring Manager is open to hiring either an Assistant Actuary or an Assistant Director – STP/Director I - STP, Data Science depending on qualifications._/

Responsibilities:

  • Collaborate with other business partners to develop appropriate statistical approaches and tools that will drive strategic decision making related to reserving, trends and other challenging problems central to our business.

  • Research, recommend, and implement new and/or alternative statistical and other mathematical methodologies appropriate for the given model or analysis.

  • Perform highly complex, technical and creative predictive analytics projects.

  • Manage and prioritize multiple moderate-to-highly complex projects including gathering business requirements, developing project goals and requirements, coordinating project timelines, and communicating project status and deliverables with customers and management.

  • Understand the competitive marketplace, business issues, and data challenges in order to deliver actionable insights, recommendations and business processes.

  • Present findings, share insights, and make recommendations that impact profitability, growth and/or customer satisfaction.

  • Effectively communicate results in written, oral and presentation formats.

Assistant Actuary Qualifications:

  • Bachelor's degree required; Master’s degree preferred.

  • Passing grades on a minimum of 7 Casualty Actuarial Exams, or ASA plus 1 Society of Actuaries Fellowship exam, is required.

  • Commitment to achieving Fellowship in the Casualty Actuarial Society (FCAS)or Fellowship in the Society of Actuaries (FSA).

  • Proficient in predictive analyticsincluding real-world experience in model development, validation, and testing.

  • Proficient with at least one language for data analysis, such as R, Python or SAS.

  • Experience with very large analysis datasets and Enterprise-scale database systems.

  • Knowledge of a variety of modeling techniques including generalized linear models, survival models, random forests, clustering, and Bayesian.

  • Strong verbal and written communication skills, interpersonal skills, and ability to clearly and effectively communicate technical results to a non-technical business audience.

  • Sound knowledge of actuarial techniques and standards, as well as other business operations including financial, underwriting, legal, statistics, claims, sales, etc.

  • Ability to perform high-level work both independently and collaboratively as a project team member or leader.

Assistant Director – STP/Director I - STP, Data Science Qualifications:

  • Master's Degree in Mathematics, Economics, Statistics or any other quantitative field plus a minimum 5 years of applied business/non-academic experience preferred; Ph.D. plus a minimum of 2 years of experience preferred.

  • Advanced analytical/problem solving and research skills.

  • Proficient in predictive analyticsincluding real-world experience in model development, validation, and testing.

  • Proficient with at least one language for data analysis, such as R, Python or SAS.

  • Experience with very large analysis datasets and Enterprise-scale database systems.

  • Experienced in the following: generalized linear models, survival models, random forests, clustering, and Bayesian approaches to data analysis.

  • Strong verbal and written communication skills, interpersonal skills, and ability to clearly and effectively communicate technical results to a non-technical business audience.

  • Knowledge of insurance principles, underwriting and ratemaking concepts and the various functions of an insurance organization, including Finance, Underwriting, Sales and Claims desirable.

  • Ability to perform high-level work both independently and collaboratively as a project team member or leader.

Benefits:

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 Company paid pension plan

  • Medical coverage

  • Dental coverage

  • Paid time-off

  • Pay-for-Performance

  • Discounts on automobile and homeowner's insurance

  • Discount fitness memberships

  • Flexible spending accounts

  • Tuition reimbursement

  • Vision care coverage

  • Work/Life resources

  • Credit Union membership

  • Employee and Dependent life insurance

  • Disability insurance

  • Accidental death & dismemberment insurance

Overview:

At Liberty Mutual, we give motivated, accomplished professionals the opportunity to help us redefine what insurance means; to work for a global leader with a deep sense of humanity and a focus on improving and protecting everyday lives. We create an inspired, collaborative environment, where people can take ownership of their work; push breakthrough ideas; and feel confident that their contributions will be valued and their growth championed.

We’re dedicated to doing the right thing for our employees, because we know that their fulfillment and success leads us to great places. Life. Happiness. Innovation. Impact. Advancement. Whatever their pursuit, talented people find their path at Liberty Mutual.

Job: *Actuarial

Title: Assistant Actuary / Asst Dir or Dir I, Data Science, U. S. Modeling Team - Global Consumer Markets

Location: MA-Boston

Requisition ID: 86614