Job details
Salary $90,000 - $142,000 a year
Full job description
Are you looking for a position that allows you to leverage the resources of a fortune 100 company to battle for success in an intensely competitive industry? are you a fearless problem solver? do you have a passion for auto insurance, analytics and for working with multiple teams across the business? do you love collaborative teamwork?
Our auto product analytics team within liberty mutual`s global risk solutions is seeking a product sr analyst / consultant to join their growing and highly visible groupAs a srAnalyst / consultant on our global risk solutions north america product analytics team, you will help us understand our auto commercial underwriting strategy and operation at a new level of depth to propel our underwriting strategy forward! you will use quantitative and analytical methodologies to improve our risk selection and segmentation approach as well as the operational performance of our auto productYou will be responsible for robust insights and analysis supporting our underwriting strategic direction and decisions to generate top-quartile industry profitability on our portfolio, while positioning it for profitable long-term growthYou will report to the director of grs na product intelligence team and will use advanced analytical techniques and partnership with the field to develop recommendations on how to optimize our auto product.
Our industry is in the midst of a data & product sophistication arms raceOne that will determine which companies win disproportionate profits, and which will exit the marketThe commercial auto line can`t possibly support the 243 insurers in the market todayIntense competition, not to mention unfavorable economic trends, is already dividing the competitionLiberty mutual is the 4th largest writer of commercial auto in the us, and strongly invested in the lineNot only is it critical to liberty`s near-term profits, but it is also as a strategically significant line given the rapid advances in vehicle technology and its centrality to our customer`s operations.
Responsibilities:
Develop and maintain innovative monitoring of our underwriting results, helping us understand key drivers in our book profile, mix-shift and quality trends and highlighting opportunities for improvement
Develop and maintain analysis of our operational effectiveness and efficiency, highlighting areas where we can improve and suggesting approaches to get there
Develop low-effort mechanisms to monitor performance of initiatives and underwriting operations, flagging metrics that fall out of specified tolerances for investigation
Leverage scenario testing and other economic analyses to vet and prioritize initiatives
Develop and deliver presentations to communicate technical ideas and analytical findings to non-technical peers and partners, including executive leadership
Please note this posting is open to multiple locations or remoteCompensation will vary based on experience, education and location.
Auto product experience within insurance industry required
Bachelor`s degree in a quantitative field (example: economics, math, statistics, operations research, actuarial sciences, finance, etc.)
Minimum of 3-4 years of professional experience in analytical, quantitative risk-management or related field is required for senior product analyst level.
Minimum of 5-7 years of professional experience in analytical, quantitative risk-management or related field is required; advanced education may be substituted for years of experience for product consultant level.
Proficiency with excel and powerpoint required
Track record as a team player who looks for opportunities to collaborate and mentor
Ability to identify themes and trends from large data sets
Ability to synthesize analysis into stories for an executive audience
Experience using sql/sas, r, python or similar statistical packages strongly preferred
Understanding of statistical methods and/or insurance products/pricing/processes preferred
At liberty mutual, our purpose is to help people embrace today and confidently pursue tomorrowThat`s why we provide an environment focused on openness, inclusion, trust and respectHere, you`ll discover our expansive range of roles, and a workplace where we aim to help turn your passion into a rewarding professionLiberty mutual has proudly been recognized as a “great place to work” by great place to work® us for the past several yearsWe were also selected as one of the “100 best places to work in it” on idg`s insider pro and computerworld`s 2020 listFor many years running, we have been named by forbes as one of america`s best employers for women and one of america`s best employers for new graduates—as well as one of america`s best employers for diversityTo learn more about our commitment to diversity and inclusion please visit: https://jobs.libertymutualgroup.com/diversity-inclusion 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-beingTo learn more about our benefit offerings please visit: https://lmi.co/benefits liberty mutual is an equal opportunity employerWe 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.
15
Hiring insights
Job activity
Posted 30+ days ago
