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. Description Are you looking to have a significant impact on the financial results of a Fortune 100 company? In this position, you will be part of a team whose mission is critical to both top-line and bottom line performance. You will support a business group's profit, growth and operational objectives by providing external actuarial support for key filed Product initiatives for the Personal Auto line of business, including state-level rate changes, targeted rate changes, and support of various new products and programs. This involves the initial submission of actuarial justifications, and continued verbal and written negotiations with regulators throughout the objection and approval process. Strong interpersonal and communication skills are essential for communications of wins and losses to senior managers, and interactions with external stakeholders.In this role, you will perform analysis in pricing and product development and partner with various other functions such as state analytics, planning, rate revision, and countrywide rollout teams. In addition to state level assignments, we establish and promote subject matter expertise in areas such as various data sources and processes used within our group. The candidate will need to be able to provide data and analytical support for projects independently.**This position may have in-office requirements based on candidate location.**Responsibilities:Provide actuarial support for state filings for rate and other new initiatives.Provide analytical insight and recommendations to State Directors to inform business decisions.Track state-level requirements for actuarial assumptions in filings and apply them appropriately.Develop subject matter expertise which can be leveraged countrywide.Own continuous improvement of processes to ensure efficiency, accuracy, and effectiveness of external actuarial support that are quickly integrated in daily work routines.Queries data for requests outside of base rate support and drive deep dives on an ad-hoc basis.Protect intellectual property by providing information only as required or confidentially as allowed.Communicate effectively with external regulators in writing and verbally, to support business outcomes.Monitors developments in actuarial techniques; Researches laws and regulations; Analyzes developments in the marketplace. Represents the Company on industry and professional committees. Qualifications Bachelor's degree required; Master's degree preferred.Associateship or Fellowship in the Casualty Actuarial Society (ACAS/FCAS) 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. About Us **This position may have in-office requirements depending on candidate location.**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 proud to support a diverse, equitable and inclusive workplace, where all 45,000 employees feel a sense of community, belonging and can do their best work. Our seven Employee Resource Groups (ERGs) offer a centralized, open space to bring employees and allies together to connect, learn and engage. 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 NoticesCaliforniaSan FranciscoLos AngelesPhiladelphiaJob SummaryID: 2024-65881Position Type: Full-TimeMinimum Salary: USD $116,700.00/Yr.Maximum Salary: USD $218,300.00/Yr.Typical Starting Salary: $138,000-$193,300Flexible Time Off Annual Accrual - days: 20Application Deadline: 9.27.24