Senior Director I, Product Management

Company: The Liberty Mutual Foundation
Location: Boston
Posted on: June 2, 2025

Job Description:

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.
DescriptionThe Senior Director I, Energy Transition manages product development, product maintenance, pricing and profitability and plays a key role in partnering with the Global Head of Energy Transition in setting the strategic direction for Energy Transition for GRS, engaging with brokers and clients to ensure the products are market leading. Responsible for all product specific capability enhancement decisions, this role will drive Energy Transition product development and continuous improvement across Global Risk Solutions (GRS). The role will manage cross-dependencies with functional areas to ensure Energy Transition products are fit for purpose and drive efforts to ensure products remain competitive in the global market. The Sr Director I will ensure we have appropriate training for employees related to Energy Transition and lead talent development initiatives.Key Responsibilities:Strategy & Execution

• Plays a key role in partnering with the Global Head of Energy Transition to set the product strategy and annual financial plan for Energy Transition to ensure our products meet the needs of our clients and brokers while also driving overall profitability.
• Monitors developments in the macro and regional risk environments that could impact product portfolio performance and partners with internal team members to ensure alignment between pricing, risk selection and direction of the portfolio.
• Drives knowledge sharing for relevant global and regional trends and information on evolving nature of risk, performance results, claim trends, etc. that will then be used to inform local underwriting strategy decisions
• Develops and executes plan for identification, quantification, approaches to wording, underwriter training for Energy Transition with input from team.
• Enables design of and approves new Energy Transition products, in alignment with internal stakeholder, client and broker needs.
• Collaborates with actuarial, claims and UW Heads to ensure that our product and wordings are fit for purpose and properly priced.
• Works closely with Sustainability and Risk teams to validate assumptions in various transition risk scenarios.
• Establishes formal guidelines and standards to build a common approach for Energy Transition underwriting and risk servicesUW Capability Development:
  • Determines SBU underwriting investment needs to continue monitoring and/or executing effectively, including data capture or strategy.
  • Monitors existing training and talent development programs across the globe to ensure proper levels of technical training for Energy Transition.
  • Drives knowledge sharing for relevant global and regional trends and information on evolving nature of risk, performance results, claim trends, etc. that will then be used to inform local underwriting strategy decisions.Talent Management
    • Operates in Team of Teams environment, leading product and/or underwriting analyst professionals to enable global execution of product initiativesQualified candidates should have:
      • Extensive Underwriting P&L experience
      • Deep experience in technical training for Energy Transition
      • Energy Transition product expertise and underwriting experience, working knowledge of relevant products. Deep understanding of how the pieces of the organization fit together to create value and deliver results. Maintain a solid grasp on the ever-changing context within which the business competes.
      • Internationally experienced
      • Leader with strategic mindset and demonstrated relationship building ability. Ability to form effective and trusting relationships with superiors, peers, and direct reports, studying, and meeting the needs of key stakeholders.
      • Able to operate and influence in a complex matrix environment, acting as the convenor for capabilities owned by others. Can articulate views, engage other ideas, analyse data for insights, weigh alternatives, own the final call, and communicate decisions clearly.
      • Able to advocate for Energy Transition topics internally and externally and gain alignment for Energy Transition processes, tools, and capabilities across markets
      • Knowledge, skills, and other capabilities normally acquired through a bachelor`s degree or equivalent and extensive related experience.Adherence to all relevant regulatory requirements forms is part of your role, and the demonstration of behaviours as set out in the Conduct Risk Policy, as they relate to your role, is core to our Liberty Values, placing customers at the centre of our business and behaving with integrity. GRS expects you to understand your responsibilities relating to all regulatory and internal requirements, and to proactively demonstrate compliance with these requirements and behaviours at all times. These requirements include the Senior Managers and Certification Regime Conduct Rules, Solvency II, fair treatment of customers, Financial Crime, Data Protection, Conflicts of Interest, and WhistleblowingQualifications
        • Highly developed quantitative analysis and problem-solving skills
        • Excellent leadership and communication skills
        • Proven ability to influence other leaders across an organization 10+ years progressively responsible work experience in an analytically driven environment
        • Previous experience in consulting or call center / customer service analytics in insurance or financial services preferred but not required
        • MBA or advanced degree in quantitative field preferred but not requiredAbout UsAs 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:
          
          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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Keywords: The Liberty Mutual Foundation, Somerville , Senior Director I, Product Management, Executive , Boston, Massachusetts