Senior ERM Consultant

Liberty Mutual InsuranceLiberty Mutual Insurance·Remote(Flexible / Remote)
Other
Excel

WFA Digital Insight

As the remote job market continues to evolve, demand for skilled risk management professionals like ERM consultants is on the rise. With a growing need for experts who can navigate complex global portfolios and multi-jurisdictional issues, this role stands out for its requirement of deep technical expertise and strong stakeholder engagement skills. Liberty Mutual, a company that values integrity, transparency, and accountability, offers a challenging environment where high performance is rewarded. Before applying, candidates should be aware that this role requires a strong understanding of risk characteristics in the insurance industry and experience with catastrophe models and exposure aggregation methodologies.

Job Description

About the Role

The Senior ERM Consultant plays a crucial role in leading complex exposure analyses and contributing to the development of global exposure management practices. This involves working across multiple lines of business and jurisdictions, requiring a deep understanding of risk management principles and the ability to engage with various stakeholders. The role is part of a global team, and the successful candidate will be expected to collaborate with Legal Entity, Segment, and Insurance Risk teams to identify key insights and material movements.

Day-to-day, the Senior ERM Consultant will be responsible for designing and implementing robust workflows to produce reproducible and auditable results. This will involve translating business questions into analytical approaches and producing high-quality reports and briefing materials for senior stakeholders. The role also requires the ability to operate in a fast-paced environment, particularly during event responses, where the consultant will need to deliver rapid and defensible gross/net loss estimates and coordinate with Cat Event Response teams.

Liberty Mutual is committed to fostering a culture of integrity, transparency, and accountability, and the Senior ERM Consultant will be expected to embody these values in their work. The company offers a dynamic and challenging environment where high performance is rewarded, making it an attractive opportunity for professionals looking to grow their careers.

What You Will Do

  • Lead and execute complex exposure analyses, including multi-peril scenario runs, aggregation/clash assessments, and sensitivity testing across global portfolios.
  • Translate business questions into analytical approaches and design, document, and implement robust workflows to produce reproducible and auditable results.
  • Produce and present high-quality reports and briefing materials to senior stakeholders, explaining analysis, assumptions, and implications for risk appetite and capacity.
  • Act as a technical lead during event response, delivering rapid and defensible gross/net loss estimates and coordinating with Cat Event Response teams.
  • Drive improvements in exposure management capabilities by proposing and piloting process enhancements, automation, and new analytical techniques, especially for non-modelled or emerging risk lines.
  • Help establish and maintain consistent scenario libraries, governance processes, and cross-jurisdictional standards for exposure analysis.
  • Collaborate across Risk teams to identify key insights, material movements, and reconcile differences, ensuring results are validated.
  • Support committee materials, governance reviews, and regulatory reporting as required.
  • Develop and maintain strong relationships with stakeholders, including Legal Entity, Segment, and Insurance Risk teams.

What We Are Looking For

  • Experience in exposure management, catastrophe modelling, reinsurance analytics, or related roles with demonstrated work on global portfolios and multi-jurisdictional issues.
  • Strong technical skills, including advanced Excel, SQL, and one or more scripting/programming languages (Python/R), and experience with data pipelines and automation.
  • Practical knowledge of catastrophe models and exposure aggregation methodologies, with experience using model vendors or open-source tools.
  • Proven ability to produce clear executive-level presentations and to influence senior stakeholders.
  • Demonstrated experience in event response and in working with Legal Entity/Segment CROs on exposure issues.
  • Strong documentation, governance mindset, and experience ensuring reproducibility and auditability of analyses.
  • Degree in actuarial science, statistics, mathematics, computer science, engineering, finance, or a related field, with professional qualifications (e.g., actuarial exams) being advantageous.
  • 8 to 10 years of relevant experience in a quantitative field, with advanced degrees (MBA) and/or professional qualifications in risk management being preferred.

Nice to Have

  • Experience with ERM-related regulatory frameworks (Solvency II, NAIC ORSA, ComFrame).
  • Working knowledge of insurance industry risk characteristics and financial concepts, including financial statement analysis.
  • Familiarity with data visualization tools and techniques to communicate complex data insights effectively.
  • Certification in risk management or a related field, demonstrating a commitment to professional development.

Benefits and Perks

  • Competitive salary, determined by a range of factors including skills, experience, education, certifications, and location.
  • Opportunity to work with a global team, collaborating across different lines of business and jurisdictions.
  • Comprehensive benefits package, including health insurance, retirement plans, and paid time off.
  • Flexible and remote work arrangements, allowing for a better work-life balance.
  • Professional development opportunities, including training, certifications, and education assistance.
  • Access to cutting-edge tools and technologies, supporting professional growth and excellence.
  • Recognition and reward for high performance, aligning with Liberty Mutual's values of integrity, transparency, and accountability.

How to Stand Out

  • Ensure your resume and cover letter highlight your technical skills in Excel, SQL, and programming languages, as well as your experience in risk management and exposure analysis.
  • Develop a portfolio that showcases your ability to produce clear executive-level presentations and communicate complex data insights effectively.
  • Prepare to discuss your experience in event response and working with senior stakeholders, demonstrating your ability to influence and communicate with different levels of the organization.
  • Research Liberty Mutual's values and culture, and be ready to discuss how your own professional values align with those of the company.
  • Practice your ability to translate complex technical concepts into simple, actionable insights, a key skill for success in this role.
  • Consider obtaining or highlighting any relevant certifications in risk management or related fields to stand out as a candidate.

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