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.
DescriptionJob Description
To win in a world of accelerated change, it is critical to create the protected space to incubate new ideas, rapidly test concepts in market, and accelerate the delivery of critical insights and capabilities to the business. Since 2016, Solaria Labs has been testing into new spaces and reinventing Global Retail Markets’ offerings for the future, and now Solaria is expanding to become an enterprise-wide incubation function within the Enterprise Strategy team. This change will enable us to leverage Solaria’s capabilities across our businesses and functions to test and learn in a way that reduces uncertainty, de-risks future investments and limits distraction for the core business.
The newly created Global Risk Solutions (GRS) Incubation team will focus on incubating opportunities with high potential for disruption in partnership with GRS business teams. This includes opportunities that support enterprise-wide innovation priorities as well as those that support GRS strategy. We are looking for a new member of the newly created GRS Incubation team to help spearhead our efforts to innovate. This person will report to the Head of GRS Incubation.
Responsibilities
Partner with key stakeholders across Liberty Mutual to identify opportunities that are aligned to enterprise-level and/or GRS strategic priorities and have the potential to disrupt our business in the future Define incubation opportunities, including hypotheses to test and near- and long-term value Design and incubate new products, services, and tools with the goal to generate new learnings and assets to de-risk and accelerate future investments Partner with key stakeholders to transfer these learnings and assets back to the core business
Example Project from Global Retail Markets (GRM) Incubation team
Extreme weather events have a profound effect on our customers, and increasing weather resilience is a critical ESG priority for Liberty Mutual. In 2022, Solaria Labs partnered with the Office of Sustainability to explore new ways to help our customers proactively build weather resilience. Together we created WeatherReady, a new feature on our Liberty+ digital services platform that informs and empowers customers to build weather resiliency by providing science-backed advice, recommended solutions/service providers, and tools to track progress. WeatherReady is now live in 9 states, and we are partnering with GRM to test in the LM Mobile App in 2023.
In this role you will have the opportunity to lead similar types of projects with GRS.
Position is based in Boston. Please note the expectation for remote individuals is they are located in New England and can come into the Boston office once a week.
The actual internal level/grade for this role will depend on the candidate’s overall experience and skill level:
Assistant Director, Product Research: $104,000 - $194,000. Annual FTO days (Flexible Time Off): 20
Director, Product Research: $117,000 - $221,000. Annual FTO days (Flexible Time Off): 20
Qualifications Minimum of 6-8 years of relevant work experience required for Assistant Director level Minimum of 7-10 years of relevant work experience required for Director I level Expert skills in Excel and PowerPoint Must have exceptional planning, analytical, decision-making, communication, and project management skills Understanding of commercial insurance concepts, underwriting process, and financial metrics strongly preferred Self-starter who takes the initiative to lead their own projects and can set a vision Ability to manage high degrees of complexity and ambiguity Strong collaboration / relationship-building skills Exposure to Agile 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. To learn more about our benefit offerings please visit: https://LMI.co/Benefits
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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