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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.
Description
Job Summary:
The Product Design and Modeling team has an opening for a Director, Data Science position that will drive pricing sophistication for personal auto products. Auto Pricing Models are a high profile and exciting area where we are able to apply creative problem-solving skills and have a major impact on business results for Liberty Mutual's largest insurance product. The role will report directly to an Auto Design Channel Lead and manage a team of 4-6 direct reports, potentially in multiple locations but also have opportunities to work on projects across personal and business lines as well as globally in partnership with the East & West Design team
Responsibilities:
Qualifications
About Us
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.
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. For many years running, 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-equity-inclusion/
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 about our benefit offerings please visit: https://LMI.co/Benefits
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.
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.
Description
Job Summary:
The Product Design and Modeling team has an opening for a Director, Data Science position that will drive pricing sophistication for personal auto products. Auto Pricing Models are a high profile and exciting area where we are able to apply creative problem-solving skills and have a major impact on business results for Liberty Mutual's largest insurance product. The role will report directly to an Auto Design Channel Lead and manage a team of 4-6 direct reports, potentially in multiple locations but also have opportunities to work on projects across personal and business lines as well as globally in partnership with the East & West Design team
Responsibilities:
- Lead the build of complex loss cost models across US Auto products and related pricing areas
- Build and develop a team of best-in-class modelers
- Establish yourself as a self-driven leader, providing both strategic and tactical direction in the US Personal Lines Auto space
- Drive research and innovation in modeling and Data Science techniques to improve our accuracy, efficiency, and speed to market
- Explore and utilize advanced modeling techniques
- Work with massive amounts of data (e.g., 200 million records for our Liberty-brand Auto product) to build sophisticated models
- Build strong relationships with leaders across the organization to maximize the impact of our product builds and to help implement new pricing programs into market every 12 to 18 months
Qualifications
- Bachelor's degree required. Insurance designations such as FCAS or advanced degree in a quantitative field desirable.
- Overall 5-7 years of progressively more responsible experience, including supervisory experience.
- Strong analytical skills with solid understanding of all casualty actuarial techniques, standards, and assumptions. Expert skills in Excel, PowerPoint, and statistical software packages (e.g., SAS, Emblem) highly desired.
- Strong knowledge of insurance principles, underwriting and ratemaking concepts and the procedures of Underwriting, Distribution, Claims, Information Technology, Legal, and Finance departments
- High-level knowledge of data sources, tools, and the business (lines, systems, pricing plans), predictive modeling (GLM, GBM, Elastic Net), and code (e.g. SAS, SQL) preferred.
- Demonstrated ability to exchange ideas and convey complex information clearly and concisely, both verbally and in writing.
- Ability to establish and build effective relationships within and outside the organization.
- Ability to give effective training and presentations to senior management and other groups.
- Ability to lead and get work done through others. Ability to coach and develop staff members.
About Us
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.
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. For many years running, 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-equity-inclusion/
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 about our benefit offerings please visit: https://LMI.co/Benefits
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.
