Chief Actuary Reserving - North America

Description The North America (NA) Chief Reserving Actuary will lead the North America Reserving function. Position involves being responsible for the team performing thorough reserve analysis, maintaining reasonable and adequate reserves for this $20 Billion reserve base, clearly and transparently communicating results of reserve studies to key stakeholders, identifying elements of the reserve analysis that is particularly relevant to future business decisions by the NA business unit, effectively managing and leading a large team, and building strong relationships with business leaders and other key leaders throughout the organization.Responsibilities Provide an independent assessment of the NA reserves and associated reserve risks, ensuring the adequacy and accuracy of the NA reserves.Ensure use of accurate, sound, and innovative approaches in projecting and setting reserving guidelines that are consistent with those of Global Risk Solutions (GRS). Communicate the quarterly reserve analyses to the NA leadership.Lead and develop a NA reserving capability that is technical and commercial-minded.Be an inclusive leader committed to mentoring and developing team members to assume progressively senior actuarial and business leadership roles. Provide proactive insights that are sought out by the business leaders. Identify key trends, areas of uncertainty to monitor, and macroeconomic factors that are impacting the business. Work in close collaboration with underwriting, pricing, claims and finance to develop a common view of the business. Work in partnership with the various stakeholders to identify emerging trends that could impact results and propose corrective action in a timely manner.Apply innovative approaches and leading-edge tools to analyze the business. Ensure the quality of the data and its consistent application in the reserving process.Foster a culture of technical rigor, transparency, and consistency. Execute a governance framework that ensures that reserving guidelines are consistently applied and all processes comply with internal operational control requirements and all external regulatory and audit requirements.Collaborate with the broader actuarial organization and other strategic business units to share knowledge and advance the business.Seek opportunities to continuously improve and streamline processes.Keep abreast of new reserving methodologies, trends and product/ tort reforms and other external issues. Qualifications Bachelor's degree requiredInsurance designations desirableFellowship in the Casualty Actuarial Society (FCAS) designation required, or comparable actuarial education/designation combined with relevant experienceDemonstrated expertise in financial management of a P&C businessAbility to participate effectively on the senior management teamStrong analytical skills with solid understanding of all casualty actuarial techniques, standards, and assumptionsExpert knowledge of insurance operations and P&C insurance businessExcellent management and communication skillsStrategic thinking and ability to set direction for teamDemonstrated ability to exchange ideas and convey complex information clearly and concisely, both verbally and in writingDemonstrated ability to anticipate areas of senior management concern, integrate different perspectives, and respond accordinglyExceptional interpersonal and communication skills required to establish and build effective relationships within and outside the organizationAbility to give effective training and presentations to senior management and other groupsDemonstrated ability to organize, lead, and get work done through othersAbility to develop staff and managers to support succession planning and address on-going talent needsAbility to build and manage talent across the enterprise in conjunction with peersDemonstrated ability to exert influence over senior managers, operating managers, and others on matters of importance to the SBU About Us Pay Philosophy: 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.At Liberty Mutual, our goal is to create a workplace where everyone feels valued, supported, and can thrive. We build an environment that welcomes a wide range of perspectives and experiences, with inclusion embedded in every aspect of our culture and reflected in everyday interactions. This comes to life through comprehensive benefits, workplace flexibility, professional development opportunities, and a host of opportunities provided through our Employee Resource Groups. Each employee plays a role in creating our inclusive culture, which supports every individual to do their best work. Together, we cultivate a community where everyone can make a meaningful impact for our business, our customers, and the communities we serve. 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: 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.Fair Chance NoticesCaliforniaLos Angeles IncorporatedLos Angeles UnincorporatedPhiladelphiaSan FranciscoJob SummaryID: 2026-77180Position Type: Full-TimeMinimum Salary: USD $204,000.00/Yr.Maximum Salary: USD $366,000.00/Yr.Typical Starting Salary: 245,000 - 325,000Flexible Time Off Annual Accrual - days: 25Application Deadline: 09/16/2026