Business Operations Lead / Manager - Reinsurance

Posted 12 Hours Ago
Be an Early Applicant
2 Locations
Hybrid
92K-174K Annually
Senior level
Artificial Intelligence • Fintech • Insurance • Marketing Tech • Software • Analytics
Join us, and pursue your tomorrow, today.
The Role
Lead operational excellence for Risk Financing reinsurance processes: own and improve SOPs, reduce waste, drive automation and data-driven KPIs, partner with Technology/Data and cross-functional teams, support governance, audits, and continuous improvement across the treaty lifecycle.
Summary Generated by Built In
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/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.
Fair Chance Notices
  • California
  • Los Angeles Incorporated
  • Los Angeles Unincorporated
  • Philadelphia
  • San Francisco

$92,000.00 - 174,000.00

Skills Required

  • Bachelor's degree or equivalent experience plus 6+ years of relevant experience
  • 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 and translating operational issues into practical solutions
  • Strong written and verbal communication skills with ability to influence stakeholders
  • 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 modeling, and insight generation
  • Strong research, problem solving, analytical, critical thinking, and relationship management skills
  • Business operations knowledge including function value chain and market awareness
  • Operationally minded with bias for action, simplification, and driving change
  • Highly organized, detail-oriented, outcome-focused, and collaborative

What the Team is Saying

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Liberty Mutual Insurance Compensation & Benefits Highlights

  • Parental & Family Support Paid bonding leave is 8 weeks for all new parents, with birth parents receiving an additional 8 weeks via short-term disability for up to 16 weeks at 100% pay. Family-building support includes up to $40,000 for adoption/surrogacy and fertility benefits up to $50,000 medical and $25,000 pharmacy.
  • Retirement Support A 401(k) program features matching that can include 100% up to 5% per pay period plus an additional 3% annual match, and student-loan payments can be matched like 401(k) contributions. Company filings also indicate defined‑benefit pension coverage for certain U.S. employees, with eligibility varying by group.
  • Wellbeing & Lifestyle Benefits Comprehensive medical, dental, vision, disability, and life insurance are paired with mental-health resources such as an EAP and free therapy sessions, with onsite health centers in Boston and Plano. Tuition support (100% for approved undergraduate coursework; up to $6,000/year for graduate) further supports overall well-being and development.

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The Company
HQ: Boston, MA
40,000 Employees
Year Founded: 1912

What We Do

Liberty Mutual Insurance exists to help people embrace today and confidently pursue tomorrow. A Fortune 100 company and global leader in property and casualty insurance, we’ve spent over a century creating innovative products, services and technologies to meet the world’s ever-changing needs and make a difference for our customers and communities.

Why Work With Us

We offer the agility, work flexibility, project ownership and access to emerging tech you’d expect from a start-up — combined with the stability, resources and benefits that come from working at a leading Fortune 100 company. All in a welcoming, inclusive environment that values the unique insights, perspectives and backgrounds of each person.

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Liberty Mutual Insurance Teams

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About our Teams

Liberty Mutual Insurance Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

Typical time on-site: Flexible
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HQBoston, MA
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