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
The Global Risk Solutions (GRS) Risk Analyst is responsible for supporting GRS’s capability for risk-based oversight of GRS insurance risks globally.
The role requires hands-on technical capabilities to model non-property insurance risks across GRS’s broad suite of re/insurance products using internal and external models, and will partner with key stakeholders across Risk, Underwriting, Actuarial, and other functions to ensure the reasonableness of model inputs and results Proficiency using tools such as SQL, Python, Excel, Power Query, and Power BI preferrable.
The role also requires skills in data querying/mapping/aggregation as well as visualization, in support of exposure management and risk reporting across the entire GRS insurance risk portfolio.
This is a remote position, you will be required to go into the office twice a month if you reside within 50 miles of one of the following offices: Bala Cynwyd, PA; Boston, MA; Hoffman Estates, IL; Indianapolis, IN; Lake Oswego, OR; Las Vegas, NV; Plano, TX; Suwanee, GA; Syracuse, NY; Tampa, FL; or Weatogue, CT. Please note this policy is subject to change.
Responsibilities Include
- Provide and receive data in support of quarterly risk reporting.
- Support processes that enable a consistent view of exposure, which include pre-modeling (gathering exposure data), internal/ external model data input, and post-modeling reporting.
- Assess and validate the accuracy, relevance, and completeness of model inputs, and understand any limitations thereto.
- Contribute to regular reporting to governance bodies (e.g., the GRS ERM Committee, Product Boards) and for regulatory filings, as required.
- Support stress and scenario testing and other risk analyses, and provide key risk insights to key stakeholders
- Contribute to the enhancement of Views of Risk for all major non-property risk sources.
- Support development of comprehensive understanding of GRS data to support initiatives across GRS Risk, and drive improvements to data through collaboration with Data Office.
- Promote a strong risk aware culture that will drive performance outcomes and support delivery of GRS’ strategic objectives
Qualifications
- Competencies typically acquired through a bachelor's degree in a quantitative field
- A Master's degree is preferred
- 4 to 6 years of relevant experience is required
- Additionally, strong quantitative analysis and modeling skills, experience in an analytical capacity ie.financial analysis, product management, actuarial, underwriting,are required
- Strong understanding of the risk characteristics of insurance industry preferred
- Strong understanding of basic financial concepts and metrics, including financial statement analysis preferred
About Us
**This position may have in-office requirements depending on candidate location.**
At Liberty Mutual, our purpose is to help people embrace today and confidently pursue tomorrow. That's why we provide an environment focused on openness, inclusion, trust and respect. Here, you'll discover our expansive range of roles, and a workplace where we aim to help turn your passion into a rewarding profession.
Liberty Mutual has proudly been recognized as a "Great Place to Work" by Great Place to Work® US for the past several years. We were also selected as one of the "100 Best Places to Work in IT" on IDG's Insider Pro and Computerworld's 2020 list. For 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 Diversity. To 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-being. To learn more about our benefit offerings please visit: https://LMI.co/Benefits
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 Notices
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- Philadelphia
