Enterprise Risk Management Analyst

Schedule: Full-Time
Salary Range: USD $66000.00 - $125000.00
Job Category: Risk Control

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 Performs risk analysis and prepares reporting packages to support Enterprise Risk Management (ERM) programs, including reporting for various ERM committees comprised of senior executives and members of the Board of Directors. Conducts economic, financial market and industry research to support key ERM program initiatives as assigned and directed by superiors. Participates in group-wide ERM related initiatives comprised of cross-functional teams? initiatives may include development and implementation of risk mitigation strategies, improvement of risk management processes and analyses, and implementation of regulatory ERM requirements. Supports work to identify future sources of risk and the development of recommendations or solutions on how to mitigate.
Responsibilities

• Supports operations of the function by performing routine analyses as assigned and directed by superiors.
• Assists with preparation of materials and reporting packages for key meetings, including ERM committee meetings.
• Assist with the preparation of Liberty Mutual`s Own Risk and Solvency Assessment (ORSA), and conduct modeling and analysis required for annual updates.
• Assists with conducting research and analysis on existing and emerging risks. May support implementation and drafting recommendations.
• Assists with conducting analysis to support Liberty Mutual`s advocacy positions on ERM and regulatory capital related proposals.
• Provides support for assessments of Liberty Mutual`s ERM program by external parties such as rating agencies and regulators.
• Participates in group-wide ERM related initiatives comprised of cross-functional teams.

Qualifications

• Competencies typically acquired through a bachelor`s degree in a quantitative field
• A Master`s degree is preferred
• 2 to 4 years of relevant experience is required
• Additionally, strong quantitative analysis and modeling skills, and experience in an analytical capacity (e
• g
• , financial analysis, product management, actuarial, underwriting, etc
• ) are required
• Solid understanding of the risk characteristics of insurance industry preferred
• Solid understanding of basic financial concepts and metrics, including financial statement analysis preferred

About Us As a purpose-driven organization, Liberty Mutual is committed to fostering an environment where employees from all backgrounds can build long and meaningful careers. Through strong relationships, comprehensive benefits and continuous learning opportunities, we seek to create an environment where employees can succeed, both professionally and personally.
At Liberty Mutual, we believe progress happens when people feel secure. By providing protection for the unexpected and delivering it with care, we help people embrace today and confidently pursue tomorrow.
We are proud to support a diverse, equitable and inclusive workplace, where all employees feel a sense of community, belonging and can do their best work. Our seven Employee Resource Groups (ERGs) offer a centralized, open space to bring employees and allies together to connect, learn and engage.
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.
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.
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