Liberty Mutual Director, Product Analysis in Boston, Massachusetts
- Advance Your Career at Liberty Mutual Insurance - A Fortune 100 Company! *
Liberty Mutual’s Business Insurance Unit (BI) is focuses on delivering market-leading results in the small commercial marketplace.
BI Product Analytics is seeking highly motivated individuals to lead a variety of challenging analytics projects that will drive product strategies for our core lines of business. This group performs highlight diagnostics, forecasting, predictive modeling, and prescriptive analytics and translates their insights into actionable recommendations that directly influence business decisions. The team closely engages with a variety of organizations, including Actuarial, State Management, Underwriting, IT, and Finance. This highly visible team provides analytical leadership and strategic direction to execute on Business Insurance’s vision of becoming the premier small commercial carrier.
In this role, you will work closely with Portfolio Management to develop strategic business targets, assess progress toward those targets, and ultimately drive profitable growth for commercial property and/or liabilities lines.
Leads a high-performing team through effective selection, proactive development, and talent mobility
Works with stakeholders to develop and enhance growth and profitability strategies, including communicating areas of opportunity or concern. Facilitates cross-functional alignment on solutions and partners with stakeholders to implement recommendations.
Delivers diagnostics and prescriptive analytics uncovering and capitalizing on growth/profit price arbitrage opportunities.
Works in partnership with UW & Pricing to set rate plans & determine strategies for implementation.
Researches industry trends, competitor actions, and internal data in order to continuously improve our portfolio performance.
Translates data-driven insights into actionable recommendations. Drives recommendations to actions.
Perform costs/benefits analysis to prioritize work across competing analytical needs.
Leads the assessment of new products/product features and identifies new opportunities for product innovation in partnership with Imagination team.
Presents to senior management on research, status, recommendations, and business impact.
Knowledge of underwriting, claims, insurance finance/actuarial concepts, regulatory environment, reinsurance, product development, and industry trends
Background in data science, statistics, econometrics; potentially as obtained through a degree in statistics/economics, actuarial studies, or an MBA
Advanced analytical, problem-solving, and research abilities balanced with strong business acumen and strategic thinking.
Experience with programming languages (R, Python, SQL) and spatial analytics software (e.g., ArcGIS, MapInfo)
Proven leadership and communication skills, as demonstrated through a record of successfully managing large projects
Experience managing and developing staff
Minimum 5 years of relevant experience.
We recognize that talented people are attracted to companies that provide competitive pay, comprehensive benefits packages and outstanding advancement opportunities. For this reason we offer a Comprehensive Benefits Plan that includes the following:
401K and Company paid pension plan
Discounts on automobile and homeowner's insurance
Discount fitness memberships
Flexible spending accounts
Vision care coverage
Credit Union membership
Employee and Dependent life insurance
Accidental death & dismemberment insurance
At Liberty Mutual, we give motivated, accomplished professionals the opportunity to help us redefine what insurance means; to work for a global leader with a deep sense of humanity and a focus on improving and protecting everyday lives. We create an inspired, collaborative environment, where people can take ownership of their work; push breakthrough ideas; and feel confident that their contributions will be valued and their growth championed.
We’re dedicated to doing the right thing for our employees, because we know that their fulfillment and success leads us to great places. Life. Happiness. Innovation. Impact. Advancement. Whatever their pursuit, talented people find their path at Liberty Mutual.
Job: *Strategy & Planning
Title: Director, Product Analysis
Requisition ID: 87278