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Manager, Actuary- North America General Liability

Liberty Mutual Insurance - Chicago, IL

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Job Description

OverviewJoin to apply for the Manager, Actuary- North America General Liability role at Liberty Mutual InsuranceBase pay range: $134,000.00/yr - $254,000.00/yrDescriptionLiberty Mutual's Global Risk Solutions business unit is seeking a Manager, Actuary to lead loss reserving for North America General Liability. In this role, you will have direct accountability for $3.5 billion of reserves in a challenging and multi-faceted book of business. You will play a critical role in ensuring the integrity of the balance sheet, using your analytical talents to solve complex reserving problems, and providing insights to leaders in order to influence business decisions. You/'ll work in a collaborative and dynamic work environment, across multiple functions including claims, underwriting, pricing, and finance, as well as across business units with reserving peers. As a leader in the reserving function, you will support GRS Reserving/'s goals of creating balance sheet strength, delivering on profitability goals through strong feedback loops, and being a best place to work. Responsibilities Lead a team in performing periodic reserve studies and ad hoc analyses; recommend reasonable and adequate reserve levels in accordance with all related Actuarial Standards of Practice. Collaborate with colleagues across functions and levels to understand changes in business strategies and operations and incorporate those into reserving analyses; maintain a robust feedback loop with business partners. Produce diagnostics and leading indicators sufficient to identify changes in claims handling, business mix, and internal and external trends that can impact reserve estimates. Provide clear and concise communication of technical actuarial work to technical and non-technical audiences, effectively influence key stakeholders. Support development of annual business plans for General Liability. Maintain clear and concise documentation of critical assumptions and work products. Lead and participate in projects designed to improve the quality of information, analyses, and reserve estimation. Manage, mentor and motivate students and analysts. Qualifications Bachelor/'s degree required; Masters degree preferred Fellowship in the Casualty Actuarial Society (FCAS) or near-FCAS designation preferred 5-10 years progressively responsible experience, including supervisory experience Ability to foster teamwork and relationships across organizational line Knowledge of underwriting concepts including company/agency relationships/' importance to the business success Written and verbal communication skills, including the ability to effectively express technical actuarial and statistical concepts to non-technical individuals internal and external to the organization Advanced decision making, problem solving and analytical skills Expands/maintains Actuarial professional knowledge through society (CAS/AAA) publications and meetings/conferences 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 Seniority level: Not Applicable Employment type: Full-time Job function: Other | Industries: Insurance Eligibility and application information may be subject to change. This posting may be removed after the role is filled. #J-18808-Ljbffr

Created: 2025-09-23

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