hero

Mass Fintech Careers

Discover the opportunities across the Mass Fintech Community

Actuary

Liberty Mutual

Liberty Mutual

Accounting & Finance
Boston, MA, USA
USD 120k-225k / year
Posted on Apr 8, 2026

Actuary

Job Locations US-Remote | US-MA-Boston | US-GA-Suwanee | US-NH-Portsmouth | US-IL-Chicago
ID
2026-75365
Position Type
Full-Time
Job Grade
18
Department
043D-05651 Casualty Pricing, Design & Analysis
Market
Global Risk Solutions
Minimum Salary
USD $120,000.00/Yr.
Maximum Salary
USD $225,000.00/Yr.
Typical Starting Salary
$142,000-$177,000
Recruiter
Caridad Mederos

Description

About the Role

We are seeking a strategic and analytically driven Umbrella Pricing Actuary to join our team. This role will be instrumental in shaping the profitability and long-term direction of our Umbrella portfolio through pricing strategy, portfolio analysis, and cross-functional collaboration.

A key focus of this role is conducting deep-dive analyses on the Umbrella portfolio to identify trends, uncover opportunities, and inform pricing and underwriting strategy. These analyses will directly support data-driven decision-making and help shape the direction of the book. Additionally, this individual will play an important role in ensuring rating consistency between primary and umbrella lines, working to align methodologies and identify discrepancies that could impact pricing integrity. The Umbrella Pricing Model Owner will serve as the primary point of contact for underwriters regarding umbrella pricing questions and concerns. Responsibilities include addressing model-related inquiries, ensuring the accuracy of the pricing model and downstream reporting, and implementing updates when pricing changes occur.

This role requires close collaboration with Underwriting, Product, and Actuarial teams. The successful candidate will possess strong analytical and communication skills, with a demonstrated ability to translate complex concepts into clear, actionable insights and to execute thoroughly in a collaborative environment.

Key Responsibilities

  • Conduct deep dive analyses on the Umbrella portfolio to support strategic decision-making
  • Understand pricing holistically across both primary lines and umbrella layers, ensuring alignment and consistency in pricing methodology.
  • Own, maintain, and enhance complex pricing tools, including umbrella rating models and related workflows
  • Diagnose and resolve model performance and behavior issues, ensuring pricing tools produce appropriate and reliable results
  • Partner closely with underwriting, IT, and other non‑actuarial stakeholders to explain model behavior and pricing outcomes
  • Support Umbrella rate filings by preparing exhibits for policyholder disruption and pricing justification
  • Contribute to prioritization decisions and delegate work to more junior team members as appropriate.

Preferred Qualifications

  • Experience working in environments with complex data sourcing and system dependencies
  • Ability to operate effectively while balancing enhancement work with ongoing production responsibilities
  • Experience collaborating with adjacent teams or shared resources supporting data acquisition and preparation
  • Strong organizational skills and a practical, solutions‑oriented approach to production actuarial work

Qualifications

  • 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.

Employees may apply for a new role after completing 12 months of employment in their current position.

Options

Sorry the Share function is not working properly at this moment. Please refresh the page and try again later.

System Troubleshooting

Software Powered by iCIMS
www.icims.com