About the Role:

This role sits within the LMRe reserving team with predominant responsibility for the gross and net reserves of the Casualty and Specialty Reinsurance metalines as well as some support for the team’s Controller Function.The role involves supporting with any product related queries across LMRe requiring knowledge of market and region-specific context across all product lines.Responsibilities include the reporting of results to management and the wider Liberty Mutual Group, training and development of actuarial analysts as well as the additional responsibilities listed below.

Key Responsibilities:

Use of accurate, sound, and innovative approaches in projecting and setting reserves (gross and net of outwards reinsurance on a US GAAP basis) to support the Chief Reserving Actuary with the provision of the quarterly reserving analysis to GRS leadership. Act as a trusted independent advisor to the business that communicates the quarterly reserve analyses with insight and confidence, grounded in technical rigor and objectivity. Provide insights that are sought by the business to improve underwriting outcomes. Identify trends, areas of uncertainty, emerging risks and macroeconomic factors that could impact results and propose corrective action in a timely manner. Partner with Business Actuarial, underwriting, finance, claims and management in developing a common view of underwriting profitability by product, industry and region Support the successful delivery of the process transformation involving tactical and strategic process improvement initiatives. Support the successful delivery of the Statement of Actuarial Opinion and statutory audits of the legal entities and support other regulatory reserving deliverables/enquiries Seek opportunities to develop existing and new processes, to ensure processes are up-to-date and in line with regulatory requirements, to ensure that the deliverables of the Actuarial Function are timely, accurate and fit for purpose. Provide the highest quality professional service, underpinned by technical rigor, transparency and consistency in all aspects of the above responsibilities. Adherence to all relevant regulatory requirements forms part of your role, and the demonstration of behaviours as set out in the Conduct Risk Policy, as they relate to your role, is core to Liberty Mutual’s commitment to our Liberty Values, placing customers at the centre of our business and behaving with integrity.We expect you to understand your responsibilities relating to all regulatory and internal requirements, and to proactively demonstrate compliance with these requirements and behaviours at all times. These requirements include the Senior Managers and Certification Regime Conduct Rules ,Solvency II, fair treatment of customers, Financial Crime, Data Protection, Conflicts of Interest, and Whistleblowing

Skills and Experience:

Nearly/newly qualified actuary London Market reserving experience with broad knowledge of specialty (re)insurance portfolios. Relevantexperience from consulting, commercial or personal lines also welcomed Strong IT skills – advanced knowledge of MS Excel and the standard MS Office suite is essential.Other experience of working with big data manipulation and visualisation software such as SQL and Power BI or similar would also be an advantage (although not a starting pre-requisite) for the role, as would analytics coding experience in packages such as R, Python or similar. Analytical problem solver with outstanding verbal and written skills, communicating with a range of internal and external clients of varying experience, expertise and appreciation of actuarial techniques. Commercially minded, with gravitas to influence business decisions in line with strategic plans. Works under limited management supervision. This means that technical supervision on day-to-day matters is not often required, but is required for novel situations and development or project work. A growth mindset - highly focused, motivated and committed to ongoing personal learning and development. Ability to both work independently and as part of a wider team as well as during periods of change and transformation. Ability to manage 1 or 2 analyst or graduate level employees within their day to day function, helping to share in the team management and delegation work of the Senior Actuary.

About Liberty

Liberty International Insurance and LMRe are part of Global Risk Solutions and the broader Liberty Mutual Insurance Group, which is a leading global insurer. We offer a breadth of world-class insurance and reinsurance services to brokers and insureds in all major markets.

Our people are key to our success. That is why "Put People First" is one of the five Liberty values which unite us as a global organisation. We bring this to life for our colleagues through:

Offering a vibrant and inclusive environment and committing to their career development. Promoting diversity, equity and inclusion (DEI). Our Inclusion Matters framework and employee-led networks strengthen the diversity of our workforce and our inclusive environment Reinforcing that collaborating together to share our unique perspectives help us make better decisions, deliver innovative solutions and pursue our ambitious goals A supportive culture, which includes promoting a healthy work-life balance and working flexibly.