Description:
Advance your career at Liberty Mutual Insurance - A Fortune 100 Company! Actuarial Students in our Development Program, have an excellent opportunity to acquire a wide range of business experience within our Commercial, Personal, Agency and International business units. They gain experience with our products while working in a variety of disciplines such as financial reporting, ratemaking, reinsurance, research, reserving, underwriting, etc.
The Actuarial Trainee position is the entry-level position in the Actuarial job family. This position provides specialized training and support to prepare individuals to enter the Actuarial Student Development Program following an introductory period.
Responsibilities:
Provide support to Actuaries and others by performing analysis within a designated business segment/s such as valuation/reserving, pricing, product development, research support, business planning, finance, or other business segment
Assist in the preparation of reports and studies
Provide clear communication of technical work to technical and non-technical audiences
Provide technical assistance and information to other departments
Pursue actuarial examinations
Complete required training and participate in our mentoring programs, workshops, and other learning initiatives
Qualifications
- Proven math and analytical skills, as normally acquired through the pursuit of a bachelor's degree in Mathematics, Statistics, Economics, Actuarial Science, or related field
- Commitment to achieving Fellowship in the Casualty Actuarial Society or the Society of Actuaries
- Passing grades on 1-2 Actuarial Exams is not required, but is preferred
- Prior Actuarial experience as gained through an internship is preferred
- Solid oral and written communication skills to communicate accurately and effectively
- Solid interpersonal skills and the ability to work in a team environment as well as independently
- MS Office proficiency, with solid Excel skills preferred - SAS and Programming skills are desirable
- 0-2 years of professional experience
Benefits:
We recognize that talented people are attracted to companies that provide competitive pay, comprehensive benefits packages and outstanding advancement opportunities. For this reason we offer a Comprehensive Benefits Plan that includes the following:
- 401K (company match) and Company paid pension plan
- Medical coverage
- Dental coverage
- Paid time-off
- Pay-for-Performance
- Discounts on automobile and homeowner's insurance
- Discount fitness memberships
- Flexible spending accounts
- Tuition reimbursement
- Vision care coverage
- Work/Life resources
- Credit Union membership
- Employee and Dependent life insurance
- Disability insurance
- Accidental death & dismemberment insurance
- Career advancement through our promote from within philosophy
Overview:
At Liberty Mutual Insurance, doing the right thing is essential. That’s why we offer a diverse range of internships and career opportunities that complement your academics, and provide experience through immediate responsibility and stimulating work.
You’ve made a significant investment in your education, and we want to do the same for your career. As a Fortune 100 company, we have the training and resources for you to expand your skills and creativity to drive our business forward. A diversified global insurer, LMI employs over 50,000 people in more than 900 offices worldwide.