Actuarial Development Program - July 2025 - Military Veterans

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.

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.  

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!

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). 
• 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.

This position may have in-office requirements depending on candidate location.

As 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 45,000 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: https://LMI.co/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
• San Francisco
• Los Angeles
• Philadelphia