Assistant Director, Small Commercial Product Design & Modeling - Data Science

About the role

The creative problem solvers in Liberty Mutual's Insights & Solutions group harness the power of data, analytics and technology to develop innovative solutions that drive our US Retail Markets business forward and support a high-performing culture. This group brings together highly talented thinkers and doers ready to challenge the status quo and make an impact. As a member of this cross-functional group, you'll collaborate with teams across Liberty Mutual to deliver analysis that unlocks insights and sparks new, better ways of working. The US Retail Markets Data Science team brings together a diverse range of talent to predict future risk and what our customers will need to recover. Our data engineers write code that turns trillions of bits of information into structured data-data that our hundred-plus Data Scientists analyze with cutting-edge modeling techniques to unlock insights. From there, our tools and deployment teams ensure this data can be practically applied to business problems across US Retail Markets. Join us and be a part of this dynamic group driving industry-leading data segmentation, fueling the team's success now and into the future. Join the Small Commercial Product Design & Modeling department to develop industry-leading pricing and underwriting models. We pride ourselves in developing the best in class models and making the team an awesome place to work!? The Small Commercial PDM team turns DS insights into business value and partners closely with business stakeholders to expertly align risk with rate. Responsible for the price segmentation of a portfolio in excess of $4 billion, Small Commercial insurance team members of varied backgrounds execute on a wide array of critical initiatives. Analyst roles within the team range from leaning more heavily into research to inform our product design, to directly interfacing with regulators and Profit & Loss owners. Our analysts make an impact by improving model fits, increasing the speed of model deployments, improving capabilities to test, calibrate, and monitor models, and serving as technical experts to explain our models to the broader Small Commercial organization. With opportunities for growth, mentorship, and engagement with the data science community, we offer a stimulating environment for those with a passion for technical excellence and problem-solving. The Small Commercial Product Design and Modeling team is hiring an individual contributor to work on predictive modeling for our core programs. The ideal candidate is proactive and intellectually curious, highly technical, and can efficiently think through complex business questions independently. The role will have dual responsibilities of conducting modeling research to help enhance Small Commercial Lines while also leading the development and execution of rating & pricing models for the Specialty lines of business. The person in this role will report to the Research and Specialty manager and also have opportunities to collaborate directly with teams in US Data Science, including Data Science Excellence and Infrastructure. Level of position offered will be based on skills and experience at manager discretion. This role may have in-office requirements based on candidate location. Job responsibilities: Conduct Cross Lines research to improve modeling accuracy and best practices across all Small Commercial Core lines of business Independently build and interpret complex loss cost models for Specialty lines of business, incorporating learnings from other Business Lines as appropriate Independently build or incorporate complex sub-models to improve accuracy Explore and utilize advanced modeling techniques Collaborate with Delivery, Underwriting Effectiveness, and other business partners to help implement new pricing programs Enable the business to make clear tradeoffs among choices, with a reasonable view into likely outcomes. Understand the competitive marketplace, business issues, and data challenges to deliver actionable insights, recommendations and business processes Effectively communicate results in written, oral, and presentation formats Act as a mentor and help develop less experienced analysts on the team Regularly engage with the data science community and lead cross functional working groups. Identify new strategic opportunities for use of theoretical m