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Liberty Mutual Insurance

Actuarial Development Program - July 2027

Posted 3 Days Ago
Be an Early Applicant
Hybrid
Chicago, IL, USA
61K-109K Annually
Entry level
Hybrid
Chicago, IL, USA
61K-109K Annually
Entry level
Entry-level rotational actuarial program involving reserving, pricing, modeling, and analytics across personal and commercial insurance lines. Participants complete three 18-month rotations, receive technical training and mentoring, and develop skills for solving business problems involving risk and uncertainty. Candidates need a relevant bachelor’s degree, strong analytical and communication skills, leadership experience, commitment to the ACAS designation, and at least one passed actuarial exam.
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Description
We encourage interested candidates to apply promptly, as the role may be unposted once we've received a sufficient number of candidates. We conduct interviews and extend offers on a rolling basis.
If analyzing the financial costs of risk and uncertainty is your thing, join us! Put your analytical talents to work-and drive the future of Liberty Mutual-when you join the Actuarial Development Program.
The details:
Our team of actuaries use insights to solve challenging business problems and bring value to the consumer experience.
As an Actuarial Development Program participant, you'll be a valued member of a collaborative community of actuarial teammates.
In this entry-level rotational program, you'll complete three, 18-month rotations across a variety of disciplines, including reserving, pricing, modelling, and analytics, and gain exposure to our personal and commercial lines of business.
We are focused on building actuarial skills needed for today and tomorrow. You'll learn the tips of the trade from some of the best actuaries in the industry through our mentoring program and your rotational assignments. Hands-on experience and technical training will broaden your business knowledge. After completing the program, you'll be a well-rounded actuary and ready to conquer complex business problems!
Qualifications
What you've got
  • You hold, or will be completing, a Bachelor's Degree in Mathematics, Economics, Actuarial Science, or related discipline, with a strong academic record (3.0 or higher cumulative GPA preferred).
  • You're committed to achieving the ACAS designation in the Casualty Actuarial Society.
  • You desire to work across a variety of actuarial functions and environments.
  • You're a problem solver, with a keen sense of analytical reasoning and mathematical concepts.
  • You demonstrate proven leadership skills, with experience in a student organization, academic project, or community service organization.
  • You possess strong written and interpersonal communication skills.
  • You are naturally curious and have passion for learning.
  • You have a passing score on at least one Actuarial Exam.
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

$61,000.00 - 109,000.00

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