Associate, Risk Management - Liberty Mutual Investments

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.

The Company:

Liberty Mutual Investments (LMI) manages Liberty Mutual Insurance Group’s (LMIG) global financial assets across global and private domains to build capital and generate income. With over $100 billion in AUM and staffed with 300+ investment, finance and operations professionals located in Boston, MA and New York, NY, we offer the best of both worlds — the look and feel of a boutique investment firm and the reputation and financial strength of a global leader.

LMI has been on a transformation path to spur innovation, capitalize on deep expertise and scale its returns on long-term flexible capital through a “one firm, one portfolio, one team” mindset. Our operating model is built on three pillars: centralized portfolio construction, asset management and investment-enabling services. The teams are structured as Investment Business Units (IBUs) working in concert: Strategy & Asset Allocation, Risk Management, Global Fixed Income, Global Private Investments, and Investment Enabling Services (IES). Our portfolio spans a broad spectrum of public and private asset classes, and we are committed to expanding our capabilities and our toolkit in furtherance of our mission.

The Position:

As a member of the Risk Management Team, the Associate will assist with risk analysis, monitoring, and framework development across Liberty Mutual Investments with a focus in Analytics and Infrastructure. This individual will help develop and/or automate new analytics and existing processes.

In addition to wide-ranging contributions to Risk Management and monitoring, this Risk Management professional will help to elevate the firm's risk culture of constructive inquiry and advocate for the broader risk framework, which forms an integral part of LMI's investment process.

Responsibilities:

• Overseeing and advancing LMI's Risk Management framework
• Develop and/or enhance risk models and the risk framework to effectively manage risks, contribute to data enhancement and infrastructure projects to improve Risk Management capabilities.
• Develop insightful risk Collaborate with the investment and technology teams to implement enhancements.
• Prepare monthly and quarterly portfolio risk review material, as well as providing ad hoc portfolio and risk analysis as necessary.
• Monitoring global market developments and identifying major risks to our portfolio
• Relating market conditions, industry and regulatory developments to investment execution

A degree in Computational Finance, Economics, or technical field and 3-5 years of relevant work experience is required. A graduate degree would be a plus.

The ideal candidate must also bring the following qualifications:

• A strong quantitative background, including statistics, computational or numerical simulation methods, and econometrics
• Programming experience in dynamically typed languages, including Python, R, Excel VBA, SQL,
• Demonstrated capability to drive projects to successful completion through cross-functional collaboration
• Must be a self-starter with ambition and intellectual curiosity, as well as exceptional problem- solving skills, strategic thinking
• Knowledge of various types of investments and their characteristics, including equities, fixed income investments, real estate/real assets and alternative investments
• Familiarity with Bloomberg, Aladdin and other standard financial databases and tools preferred
• Ability to work independently as well as thrive in a team environment
• A passion for Risk Management and a desire to learn about the field
• Strong communication/interpersonal skills, and the ability to interact with a variety of investment and support professionals

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. 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, please visit https://www.libertymutualgroup.com/about-lm/careers/benefits

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. 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

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.