Actuarial Development Program - July 2027

Posted 6 Hours Ago
Be an Early Applicant
3 Locations
Hybrid
61K-109K Annually
Entry level
Artificial Intelligence • Fintech • Insurance • Marketing Tech • Software • Analytics
Join us, and pursue your tomorrow, today.
The Role
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.
Summary Generated by Built In
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

Skills Required

  • Bachelor’s degree or anticipated completion in Mathematics, Economics, Actuarial Science, or a related discipline
  • Strong academic record with a cumulative GPA of 3.0 or higher preferred
  • Commitment to achieving the ACAS designation through the Casualty Actuarial Society
  • Interest in working across a variety of actuarial functions and environments
  • Analytical reasoning and strong mathematical concepts
  • Proven leadership experience in a student organization, academic project, or community service organization
  • Strong written and interpersonal communication skills
  • Curiosity and passion for learning
  • Passing score on at least one actuarial exam

What the Team is Saying

Natalie
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Tyler
Sandra
Kemi
Herman
Chase
Ethan
Sandra

Liberty Mutual Insurance Compensation & Benefits Highlights

  • Parental & Family Support Parental and family-building support is notably robust, with eight weeks paid bonding for all parents and an additional eight weeks of 100% paid short‑term disability for birth parents. Adoption/surrogacy reimbursement up to $40,000, substantial fertility coverage, and backup childcare reinforce this strength.
  • Retirement Support Retirement programs are positioned as a standout, including a 401(k) that matches 100% of the first 5% per pay period plus an additional 3% annual contribution for eligible employees. A student‑loan “401(k) match” feature further broadens access to company retirement contributions.
  • Wellbeing & Lifestyle Benefits Mental‑health and well‑being resources are emphasized, with 12 free therapy sessions for employees and family members and access to resilience tools. Onsite health centers in Boston and Plano add convenient primary and urgent care access for some locations.

Liberty Mutual Insurance Insights

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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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Indianapolis, IN
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Plano, TX
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