Actuarial Analyst

Welcome to Liberty Mutual Insurance – a company dedicated to helping people live safer, more secure lives. We are currently seeking a motivated and analytical Actuarial Analyst to join our growing team. As an Actuarial Analyst, you will play a critical role in our organization by utilizing your mathematical and statistical expertise to analyze data and provide insights that will guide our business decisions. If you are a detail-oriented problem solver with a strong understanding of actuarial principles and a passion for making a positive impact, we want to hear from you. Join us in our mission to protect and preserve the dreams of our customers.

1. Conduct data analysis: Utilize mathematical and statistical skills to analyze data and identify trends, patterns, and insights that will inform business decisions.
2. Provide actuarial expertise: Apply knowledge of actuarial principles and techniques to evaluate risk and determine appropriate pricing strategies for insurance products.
3. Collaborate with team members: Work closely with other actuarial analysts, underwriters, and business leaders to develop and implement data-driven solutions.
4. Prepare reports and presentations: Communicate analysis results and recommendations to stakeholders through clear and concise written and verbal communication.
5. Monitor industry trends: Stay updated on industry developments and regulations to ensure compliance and inform business strategies.
6. Conduct research: Conduct research and gather data to support actuarial analyses and inform business decisions.
7. Develop and maintain models: Create and maintain actuarial models to evaluate and project future outcomes.
8. Analyze profitability: Assess the profitability of insurance products and identify areas for improvement.
9. Support business initiatives: Collaborate with other teams to support business initiatives and drive growth and profitability.
10. Maintain accuracy and integrity of data: Ensure data accuracy and integrity to support reliable analysis and decision making.
11. Adhere to regulations and standards: Comply with all relevant regulations and standards to ensure ethical and responsible practices.
12. Continuously improve processes: Identify opportunities for process improvement and implement solutions to increase efficiency and effectiveness.
13. Uphold company values: Embody the company's values of integrity, customer focus, and teamwork in all aspects of the role.

According to JobzMall, the average salary range for a Actuarial Analyst in Boston, MA, USA is between $70,000-$110,000 per year. However, this can vary depending on factors such as experience, education, and specific job responsibilities. Some employers may also offer additional benefits and bonuses.

Liberty Mutual Group is an American diversified global insurer and the third-largest property and casualty insurer in the United States. Based in Boston, Massachusetts, it employs over 45,000 people in more than 900 locations throughout the world. The company, founded in 1912, offers a wide range of insurance products and services, including personal automobile, homeowners, workers' compensation, commercial multiple peril, commercial automobile, general liability, global specialty, group disability, fire and surety. Liberty Mutual Group owns, wholly or in part, local insurance companies in Argentina, Brazil, Chile, China (including Hong Kong), Colombia, Ecuador, India, Ireland, Malaysia, Poland, Portugal, Singapore, Spain, Thailand, Turkey, the United Kingdom, Venezuela and Vietnam.