Actuarial Development Program Participant

Job Description

Actuarial Development Program – July 2027 | Liberty Mutual Insurance

The Tone:
This is an entry-level, full-time rotational program at Liberty Mutual Insurance, with interviews and offers extended on a rolling basis. Liberty Mutual is a company that values hard work, integrity, and commitment, fostering an inclusive workplace where every individual feels valued and supported. This program offers a critical opportunity to develop future actuaries who will analyze the financial costs of risk and uncertainty, utilizing insights to solve challenging business problems and drive significant value in the consumer experience for the company.

The TL;DR
• Role: Actuarial Development Program Participant
• Type: Full-time
• Team: Valued member of a collaborative community of actuarial teammates, completing three 18-month rotations across diverse disciplines like reserving, pricing, modelling, and analytics.
• Mission: Analyze financial costs of risk and uncertainty to solve complex business problems and enhance the consumer experience, ultimately driving the future of Liberty Mutual.

What You’ll Actually Do
• Rotate: Complete three distinct 18-month rotations, gaining hands-on experience across various actuarial disciplines including reserving, pricing, modelling, and analytics.
• Gain Exposure: Work and apply actuarial skills within both personal and commercial lines of business.
• Develop Expertise: Learn the tips of the trade from experienced actuaries through a structured mentoring program and challenging rotational assignments.
• Broaden Knowledge: Expand business understanding through practical, hands-on experience and targeted technical training.
• Achieve Certification: Commit to and actively work towards achieving the ACAS designation from the Casualty Actuarial Society.
• Problem Solve: Become a well-rounded actuary, prepared to conquer complex business problems upon program completion.

The Must-Haves
• Background: Hold, or will be completing, a Bachelor’s Degree in Mathematics, Economics, Actuarial Science, or a related discipline. This is an entry-level position.
• Experience: Possess a passing score on at least one Actuarial Exam. Demonstrate proven leadership skills from involvement in a student organization, an academic project, or a community service organization.
• Skills: Exhibit a strong academic record (a 3.0 or higher cumulative GPA is preferred). Possess keen analytical reasoning and a solid grasp of mathematical concepts. Demonstrate strong written and interpersonal communication skills. Display natural curiosity, a passion for continuous learning, and a desire to work across a variety of actuarial functions and environments.