L
Not Specified Permanent

Jersey City, New Jersey · USA job

Chief Actuary Reserving - North America

Liberty Mutual

Jersey City, New Jersey

Job description

Overview

In this role you lead the NA reserving function to ensure accurate reserves and transparent analyses that inform business decisions. You will guide a large team, collaborate with underwriting, pricing, claims, and finance, and uphold rigorous reserving governance aligned with Global Risk Solutions. Your work combines technical reserve judgment with strategic, cross-functional leadership to drive risk-informed outcomes. This is a high-impact opportunity to shape reserving practices and support enterprise-wide decision making.

Compensation / Benefits
  • comprehensive benefits
  • workplace flexibility
  • professional development opportunities
  • inclusive culture
  • talent development and succession planning
  • competitive compensation
Responsibilities
  • Provide independent assessment of NA reserves and reserve risks to ensure adequacy and accuracy
  • Apply sound, innovative reserving methodologies aligned with Global Risk Solutions
  • Communicate quarterly reserve analyses to NA leadership
  • Lead and develop a technically and commercially-minded reserving capability
  • Mentor and develop team members for senior actuarial and business leadership roles
  • Provide proactive business insights and monitor macroeconomic factors affecting results
  • Collaborate with underwriting, pricing, claims and finance to agree a common view of the business
  • Identify emerging trends and propose timely corrective actions
  • Apply innovative tools and approaches to reserve analysis
  • Ensure data quality and consistent application in the reserving process
  • Foster a culture of technical rigor, transparency, and governance
  • Implement a governance framework ensuring reserving guidelines are applied and compliant with controls and audits
  • Collaborate with broader actuarial and strategic units to share knowledge
  • Pursue process improvements and stay updated on reserving methodologies and external issues
Key requirements
  • Bachelor's degree (required)
  • Fellowship in the Casualty Actuarial Society (FCAS) designation required, or comparable actuarial education/designation with relevant experience
  • Demonstrated expertise in financial management of a P&C business
  • Ability to participate effectively on the senior management team
  • Strong analytical skills and knowledge of casualty actuarial techniques, standards, and assumptions
  • Expert knowledge of insurance operations and P&C insurance business
  • Excellent management and communication skills
  • Strategic thinking and ability to set direction for the team
  • Ability to convey complex information clearly, verbally and in writing
  • Ability to train and present to senior management and other groups
  • Proven ability to lead and execute through others
  • Ability to develop staff and managers for succession planning
  • Ability to build and manage talent across the enterprise
  • Demonstrated influence over senior and operating managers on important matters
  • Strong communication
  • Strategic thinking
  • Collaborative leadership
  • Casualty actuarial techniques
  • Reserving methodologies and governance
  • Data quality and governance in reserving

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