Actuary, Auto Analytics, State Deep Dive
- Salary
- $120K–$225K
- Hiring from
- United States
- Work type
- Remote
- Posted
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Description
The Auto Analytics State Deep Dive team is the analytical partner to state leadership in Liberty Mutual’s largest and most complex Personal Auto markets. In this role you will work directly with the Directors of State Operations (DSOs) on the questions that shape each state’s direction.
You will analyze segment-level performance to identify targeted pricing and underwriting changes, and partner with Tactical Pricing and Underwriting teams to implement them. You will build the growth and profitability projections behind state planning and key strategic decisions, such as rating program launches, distribution strategy and responses to competitive moves. You will also monitor marketplace, operational and claims trends to catch emerging opportunities and risks early, and turn those insights into tactical actions with partners across Risk Analytics and the business.
You will join a team of three actuaries and report to the Auto Analytics State Deep Dive Team Manager. Your work will directly shape state strategy and support Liberty’s goal of top-quartile profitability.
**Applicants that live within 50 miles of the following Liberty Mutual offices will have a 2 day/week hybrid requirement: Boston, MA; Portsmouth, NH; Columbus, OH; Seattle, WA; and Plano, TX.**
Responsibilities
- Turn segmentation insight into pricing and underwriting change. Identify underwriting rules and segment-level opportunities in rating variables, coverage limits and discounts. Partner with Tactical Pricing, Underwriting and Product teams to move recommendations into implementation.
- Inform state strategy and planning. Build policies in force (PIF), retention and loss ratio projections for annual planning, long-range growth targets, program launches and rate changes. Quantify the growth and profitability trade-offs behind major strategic decisions.
- Monitor performance and drive tactical action. Track marketplace, operational and claims trends. Discover what is driving the changes and proactively identify opportunities for tactical actions.
- Evaluate program launches and initiatives. Measure how new rating programs, underwriting models and state initiatives perform against expectations, including retention, renewal dislocation, mix and loss ratio. Recommend course corrections.
- Be a trusted partner to your DSOs. Bring forward-looking insights and recommendations, answer time-sensitive business questions quickly, and frame findings around decisions, impact and trade-offs.
- Become the expert on your states. Build deep knowledge of each state’s product and program history, regulatory environment, competitive landscape and market dynamics. Use competitor filings and industry developments to anticipate change.
- Collaborate across the organization. Work with Countrywide Analytics, Indications, Tactical Pricing, Product, Underwriting, Modeling, Claims, Reserving, Finance and Distribution so that cross-team work reflects state-specific needs.
- Work smarter. Leverage and enhance the team’s analytical tools, automation and AI to spend less time on routine work and more on interpretation and partner engagement.
- Contribute to the team culture. Share findings, methods and state knowledge openly, and help build an inclusive, high-performing team.
- 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.
Pay Philosophy: The typical starting salary range for this role is determined by a number of factors including skills, experience, education, certifications and location. The full salary range for this role reflects the competitive labor market value for all employees in these positions across the national market and provides an opportunity to progress as employees grow and develop within the role. Some roles at Liberty Mutual have a corresponding compensation plan which may include commission and/or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role.
At Liberty Mutual, our goal is to create a workplace where everyone feels valued, supported, and can thrive. We build an environment that welcomes a wide range of perspectives and experiences, with inclusion embedded in every aspect of our culture and reflected in everyday interactions. This comes to life through comprehensive benefits, workplace flexibility, professional development opportunities, and a host of opportunities provided through our Employee Resource Groups. Each employee plays a role in creating our inclusive culture, which supports every individual to do their best work. Together, we cultivate a community where everyone can make a meaningful impact for our business, our customers, and the communities we serve.
We value your hard work, integrity and commitment to make things better, and we put people first by offering you benefits that support your life and well-being. To learn more about our benefit offerings please visit: https://www.libertymutualgroup.com/about-lm/careers/benefits
Liberty Mutual is an equal opportunity employer. We will not tolerate discrimination on the basis of race, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran's status, pregnancy, genetic information or on any basis prohibited by federal, state or local law.
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