[Remote] Senior ERM Consultant

Note: The job is a remote job and is open to candidates in USA. Liberty Mutual Insurance is a leading provider of commercial, specialty insurance, and reinsurance products. They are seeking a Senior ERM Consultant to contribute to the Insurance Risk Parameterization & Analytics team, focusing on designing, developing, and implementing underwriting risk modeling and analysis.ResponsibilitiesCollaborate with other team members to achieve the following goalsParameterize UW Risk excluding natural catastrophe riskBuild and maintain UW risk models and output exhibitsDevelop new solutions and improvements for statistical models and processes used to calculate these inputsMaintain clear and concise documentation of methods and activitiesImplement timely and practical solutions to complex problemsValidate model parameterization and model functionCollaborate with Underwriting and Actuarial to understand the business and guide development of Risk Analytics tools that accurately reflect the businessCommunicate processes and parameterization results to stakeholders outside of the teamSkillsBachelor's degree or higher in Mathematics, Actuarial Science, Statistics, Finance, Economics, or similar requiredMinimum 5-7 years relevant experience requiredVery strong analytical skills with solid understanding of core casualty actuarial methods, techniques, and standardsExpert in MS Excel and experience coding; Experience working with Visual Basic for Applications (VBA) and Capital modeling software, R, and Python preferredExperience with stochastic financial modeling and forecasting preferredExperience parameterizing reserve risk and UW risk preferredComfort with solving new problems and generating ideas for improving existing processesExperience communicating analysis and technical conceptsCompetencies typically acquired through a Bachelor`s degree in a quantitative fieldExcellent quantitative analysis and modeling skills are required, in addition to significant experience in an analytical capacity (financial analysis, product management, actuarial, underwriting, etc)Very strong understanding of the risk characteristics of insurance industry requiredExcellent understanding of basic financial concepts and metrics, including financial statement analysis requiredAdvanced degree (MBA) and/or professional qualification in one or more areas of risk management is preferred, and 8 to 10 years of relevant experienceWorking knowledge of ERM-related regulatory frameworks (Solvency II, NAIC ORSA, ComFrame) is a plusBenefitsFlexible Time Off Annual Accrual - days: 20Some 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.Comprehensive benefitsWorkplace flexibilityProfessional development opportunitiesA host of opportunities provided through our Employee Resource GroupsCompany OverviewLiberty Mutual Insurance provides a broad range of insurance products and services. It was founded in 1912, and is headquartered in Boston, Massachusetts, USA, with a workforce of 10001+ employees. Its website is http://www.libertymutualgroup.com.Company H1B SponsorshipLiberty Mutual Insurance has a track record of offering H1B sponsorships, with 7 in 2025, 14 in 2024, 5 in 2023, 8 in 2022, 12 in 2021, 5 in 2020. Please note that this does not guarantee sponsorship for this specific role.