Liberty Mutual Insurance

Business Operations Lead / Manager - Reinsurance

Liberty Mutual Insurance  •  Boston, MA (Onsite)  •  7 days ago
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Job Description

This a range posting. Candidates will be considered for the appropriate level depending upon experience and qualifications.

The Business Operations Lead / Manager for Risk Financing is responsible for strengthening the operational backbone of the Risk Financing function to execute on our vision. This role owns Standard Operating Procedures (SOPs), drives process optimization and innovation, reduces operational waste, whilst being aware of impact on other functions & teams.

The role combines operational leadership with strong reinsurance knowledge and data fluency, using insights to improve efficiency, transparency, and decision‑making across the end‑to‑end reinsurance lifecycle.

Job Responsibilities

  • Operational Excellence & SOP Ownership
  • Own, maintain, and continuously improve Risk Financing Standard Operating Procedures across the treaty lifecycle
  • Fully document Risk Financing processes including leadership buy-in and approval
  • Ensure processes are well‑documented, scalable, audit‑ready, and consistently applied globally.
  • Act as the operational point of accountability for process clarity and control.
  • Process Optimization & Waste Reduction: Identify inefficiencies, duplication, and bottlenecks across Risk Financing operations and proactively design leaner, simpler processes.
  • Apply process optimization methodologies (e.g. Lean Six Sigma, continuous improvement) to reduce manual effort, rework, and cycle times.
  • Lead automation and simplification initiatives in partnership with Technology and Data teams.

Innovation & Continuous Improvement

  • Drive innovation within Risk Financing Operations by introducing new tools, dashboards, and ways of working including use of AI.
  • Champion data‑driven decision making, embedding operational metrics and KPIs into daily management.
  • Translate strategic objectives into practical operational improvements.

Data, Reporting & Insights

  • Improve data quality, lineage, and usability across reinsurance systems and reporting outputs.
  • Partner with stakeholders to align operational metrics with business and executive reporting needs.

Stakeholder & Partner Connectivity

  • Demonstrate awareness of the connections between Risk Financing and partner functions (Finance, Claims, Actuarial, Brokers, and Reinsurers).
  • Drive processes that ensure smooth handoffs, clear ownership, and aligned timelines across functions.
  • Support cross‑functional initiatives affecting Risk Financing operations.

Governance & Risk Management

  • Support operational risk identification andremediation within Risk Financing processes.
  • Ensure appropriate controls, documentation, and governance are in place to meet internal and regulatory expectations.
  • Prepare materials and insights for audits, reviews, and senior governance forums.

Qualifications

  • Competencies typically acquired through a Bachelor`s degree or equivalent experience in addition to 6+ years of relevant experience to include business analysis work
  • Strong experience in business operations, operational management, or transformation within insurance or reinsurance.
  • Solid reinsurance knowledge, including treaty structures and end‑to‑end lifecycle operations.
  • Proven expertise in process optimization and continuous improvement.
  • Experience working cross‑functionally with the ability to translate complex operational issues into clear, practical solutions.
  • Strong written and verbal communication skills, with the ability to influence at multiple levels.
  • Experience with reinsurance administration systems and data platforms.
  • Familiarity with Lean, Six Sigma, or similar methodologies.
  • Prior experience supporting audits or regulatory reviews.
  • Change management or transformation delivery experience.
  • Power BI skills, including dashboard design, data modelling, and insight generation.
  • Demonstrated research, problem solving, analytical, critical thinking, and relationship management skills.
  • Business operations knowledge to include understanding the function's value chain and awareness of market conditions.
  • Operationally minded with a strong bias for action and simplification.
  • Comfortable challenging the status quo and driving change.
  • Highly organized, detail‑oriented, and outcome‑focused.
  • Collaborative, credible, and effective at building trusted partnerships.

Business Operations Lead = minimum 5 years' experience

Business Operations Manager = minimum of 6 years' experience

About Us

Pay Philosophy: 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.At Liberty Mutual, our goal is to create a workplace where everyone feels valued, supported, and can thrive. We build an environment that welcomes a wide range of perspectives and experiences, with inclusion embedded in every aspect of our culture and reflected in everyday interactions. This comes to life through comprehensive benefits, workplace flexibility, professional development opportunities, and a host of opportunities provided through our Employee Resource Groups. Each employee plays a role in creating our inclusive culture, which supports every individual to do their best work. Together, we cultivate a community where everyone can make a meaningful impact for our business, our customers, and the communities we serve. 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://www.libertymutualgroup.com/about-lm/careers/benefitsLiberty 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. Fair Chance Notices

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Liberty Mutual Insurance

About Liberty Mutual Insurance

At Liberty Mutual, we believe progress happens when people feel secure. For more than 110 years we have helped people and businesses embrace today and confidently pursue tomorrow by providing protection for the unexpected and delivering it with care.

A Fortune 100 company with more than 40,000 employees in 28 countries and economies, we are the ninth largest global property and casualty insurer and generate more than $50 billion in annual consolidated revenue.

We operate through three strategic business units: US Retail Markets, providing auto, home, renters and other personal and small commercial lines property and casualty insurance to individuals and small businesses countrywide; Global Risk Solutions, delivering a full range of comprehensive commercial and specialty insurance, reinsurance and surety solutions to mid-size and large businesses worldwide; and Liberty Mutual Investments, deploying more than $100 billion of long-term capital globally across its integrated platform to drive economic growth, power innovation and secure Liberty Mutual’s promises.

For more information, visit www.libertymutualinsurance.com.

Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
Boston, MA
Year Founded
Unknown
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