Actuary, Corporate Reserving

Overview

Overview: Corporate Actuarial is seeking a curious, forward-thinking actuary to lead the prioritization and quantification of newly emerging risks. As the insurance landscape evolves, so too does our understanding of emerging risks—from climate change and cyber threats to societal shifts and regulatory developments. This role offers a unique opportunity to shape how Liberty Mutual identifies, prioritizes, and responds to these risks across the enterprise. In order to develop expected impacts of truly novel threats, you’ll collaborate closely with cross-functional teams—including Risk, Underwriting, Claims, and Finance—to build a robust, actuarially grounded framework that informs strategic decision-making and meets the expectations of regulators, auditors, and rating agencies.

Key Responsibilities

• Develop methods for quantifying our exposure to emerging risks and, when sufficiently mature, appropriate actuarial central estimates
• Design and maintain a dynamic framework for identifying and prioritizing emerging risks across the enterprise
• Source and evaluate objective data inputs to support risk identification and quantification
• Ensure active risks are accurately represented in enterprise scorecards, including magnitude and business area exposure
• Communicate insights and developments to internal stakeholders and external partners with clarity and influence

Qualifications

• Bachelor`s degree required
• Fellowship in the Casualty Actuarial Society (FCAS) or Fellowship in the Society of Actuaries (FSA) designation preferred, or comparable actuarial education/designation combined with relevant experience
• Typically 0-2 years post-fellowship
• Minimum of 7 years of progressively more responsible experience (typically 10 or more) in an actuarial role, some of which may include experience as an actuarial candidate taking exams
• Advanced to expert knowledge of actuarial and statistical methods, tools, and of at least one programming languages
• Demonstrated ability to develop a robust actuarial framework to address new challenges
• Demonstrated ability to exchange ideas and convey complex information clearly and concisely, both verbally and in writing
• Ability to make decisions with incomplete information
• Demonstrated ability to establish and build effective relationships within and outside the organization
• Ability to communicate and present effectively to senior management and other groups
• Demonstrated ability to manage multiple priorities while driving projects to completion

About Us

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.

As a purpose-driven organization, Liberty Mutual is committed to fostering an environment where employees from all backgrounds can build long and meaningful careers. Through strong relationships, comprehensive benefits and continuous learning opportunities, we seek to create an environment where employees can succeed, both professionally and personally.

At Liberty Mutual, we believe progress happens when people feel secure. By providing protection for the unexpected and delivering it with care, we help people embrace today and confidently pursue tomorrow.

We are dedicated to fostering an inclusive environment where employees from all backgrounds can build long and meaningful careers. By actively seeking employee feedback and amplifying the voices of our seven Employee Resource Groups (ERGs), which are open to all, we create an environment where every individual can make a meaningful impact so we continue to meet the evolving needs of our customers.

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:

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.

Fair Chance Notices

• California
• Los Angeles Incorporated
• Los Angeles Unincorporated
• Philadelphia
• San Francisco