[Remote] Senior ERM Consultant

Note: The job is a remote job and is open to candidates in USA. Liberty Mutual Insurance is a leading provider of commercial, specialty insurance, and reinsurance products. They are seeking a Senior ERM Consultant to contribute to the Insurance Risk Parameterization & Analytics team, focusing on designing, developing, and implementing underwriting risk modeling and analysis.

Responsibilities

• Collaborate with other team members to achieve the following goals
• Parameterize UW Risk excluding natural catastrophe risk
• Build and maintain UW risk models and output exhibits
• Develop new solutions and improvements for statistical models and processes used to calculate these inputs
• Maintain clear and concise documentation of methods and activities
• Implement timely and practical solutions to complex problems
• Validate model parameterization and model function
• Collaborate with Underwriting and Actuarial to understand the business and guide development of Risk Analytics tools that accurately reflect the business
• Communicate processes and parameterization results to stakeholders outside of the team

Skills

• Bachelor's degree or higher in Mathematics, Actuarial Science, Statistics, Finance, Economics, or similar required
• Minimum 5-7 years relevant experience required
• Very strong analytical skills with solid understanding of core casualty actuarial methods, techniques, and standards
• Expert in MS Excel and experience coding; Experience working with Visual Basic for Applications (VBA) and Capital modeling software, R, and Python preferred
• Experience with stochastic financial modeling and forecasting preferred
• Experience parameterizing reserve risk and UW risk preferred
• Comfort with solving new problems and generating ideas for improving existing processes
• Experience communicating analysis and technical concepts
• Competencies typically acquired through a Bachelor`s degree in a quantitative field
• Excellent quantitative analysis and modeling skills are required, in addition to significant experience in an analytical capacity (financial analysis, product management, actuarial, underwriting, etc)
• Very strong understanding of the risk characteristics of insurance industry required
• Excellent understanding of basic financial concepts and metrics, including financial statement analysis required
• Advanced degree (MBA) and/or professional qualification in one or more areas of risk management is preferred, and 8 to 10 years of relevant experience
• Working knowledge of ERM-related regulatory frameworks (Solvency II, NAIC ORSA, ComFrame) is a plus

Benefits

• Flexible Time Off Annual Accrual - days: 20
• 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.
• Comprehensive benefits
• Workplace flexibility
• Professional development opportunities
• A host of opportunities provided through our Employee Resource Groups

Company Overview

Company H1B Sponsorship