Director, Quantitative Capital Insights

Description

Job Summary

Leads the Quantitative Capital Insights team in making risk-based capital a practical enabler of some of Liberty Mutual`s most consequential business decisions-capital deployment, pricing, portfolio optimization, risk financing, and strategic planning-by producing insight the enterprise can act on, and nurturing the relationships needed to turn that insight into decisions.

Builds a deep understanding of the risk profile of each business unit, and of LMG in the aggregate, to guide capital deployment and trade-off decisions in pursuit of TBV growth, subject to an appropriate level of volatility.

Pushes the team to become a thought leader-with the appropriate matrixed partners-in developing alternative views of capital and risk, such as less-deep-in-the-tail views of income volatility, that leverage existing tools and extend the team`s common-language approach to other important decisions.

Unites previously separate teams into one that`s stronger than the sum of its parts, providing the direction, prioritization, alignment, and discipline to execute.

Thinks broadly about where capital insight creates the most value and serves as a key advisor to senior management on capital adequacy, capital allocation, and strategic capital decisions-including regulatory and rating agency matters.

Job Responsibilities

1) Sets the strategic direction for the enterprise Economic Capital Model, ensuring it remains fit for purpose as the business evolves-reflecting current risk profile across underwriting, reserve, market, credit, catastrophe, and operational risk, informed by each business unit`s view of risk and market context.

2) Directs production of economic capital results and decision-support analytics-capital adequacy metrics, RORAC for quarterly performance reviews and planning, target capital alignment, and forward-looking capital assessments-distilled into insig