Liberty Mutual Predictive Modeler - International Product Design & Modeling in Boston, Massachusetts
Advance your career at Liberty Mutual Insurance - A Fortune 100 Company!
The Global Consumer Markets East | West Product and Pricing team is looking for a Predictive Modeler for East Region that will partner with functional and local country resources to drive sophistication in pricing and other product related predictive modeling. The role will report directly to the East Region Product Design and Modeling Manager.
About Global Retail Market:
Global Retail Markets is Liberty Mutual’s small business and personal lines business unit. It operates internationally and does business in 16 counties. It has three operating regions: the United States, GRM West (Brazil, Chile, Colombia, Ecuador, Ireland, Portugal, and Spain), and GRM East (China, Hong Kong, India, Malaysia, Russia, Singapore, Thailand, and Vietnam).
About E|W Product Design & Modeling:
The E|W Product Design & Modeling team delivers analytical expertise to drive pricing and modeling sophistication in the international operations. The teamcollaborates in the creation of the modeling strategy, partners with local country resources to understand each market sophistication level in terms of predictive modeling, employs a mixture of advanced predictive modeling and judgment to create new product concepts and develops the structure and pricing for country products, and participates in the implementation of the new pricing programs to ensure the desired level of quality.
Research for additional sources of information to enrich the existent models
Partner with functional and local product teams to develop optimal pricing structure to achieve product goals
Get insights from local country resources to understand each market sophistication level in terms of predictive modeling
Employ a mixture of advanced predictive modeling, statistical techniques and judgment to create new product concepts and develop the structure and pricing for East products
Participate in the implementation of the new pricing programs to ensure the desired level of quality
Partner with the Cat Management team to implement the Cat rating
Research new modeling techniques to develop improvements to our models and modeling processes
Proven math and analytical skills, as normally acquired through the pursuit of an FCAS or Master’s degree in Mathematics, Statistics, Economics, Actuarial Science or related field.
3-5 years progressively responsible experience; P&C Insurance industry experience preferred; financial services industry experience a must
Background in Statistical Learning. Must be familiar with the use of statistical modeling software (SAS, R, Emblem, etc.) with the ability to build models of moderate complexity. Programming and data manipulation skills a plus.
Can take ownership of projects and deliver high quality work through others
Aptitude for effective, innovative problem solving within and across functional groups
Ability to establish and build effective relationships within and outside the organization.
Knowledge of insurance operations and the procedures of Financial, Underwriting, Claims, Statistical, Information Technology, Legal, and Sales departments is preferred
Experience with countries in the East Region is preferred
We value your hard work, integrity and commitment to positive change. In return for your service, it’s our privilege to offer you benefits and rewards that support your life and well-being. To learn more about our benefit offerings please click here.
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.
Title: Predictive Modeler - International Product Design & Modeling
Requisition ID: 91148
Other Locations: US-WA-Seattle