Actuarial Co-Op Student

    Liberty Mutual Canada logo

    Liberty Mutual Canada

    201-500 employeesToronto, ONInsurance
    Actively hiringPaidSummer 2027Insurance
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    Best applied by Oct 26

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    About the role#

    Liberty Mutual Canada is hiring an Actuarial Co-Op Student for the Summer 2027 term. You will work alongside our senior actuarial staff to learn actuarial theories and procedures while contributing to our department goals in data science. This is a full-time, paid, hybrid position based in Toronto.

    What you'll do#

    • Extract and manipulate data from various sources and systems.
    • Work with detailed insurance data, including premium, loss, exposure, and financial records.
    • Calculate premium rate changes, exposure changes, and loss development factors.
    • Produce high-quality reports, graphs, and tables for senior actuarial and business use.
    • Conduct actuarial pricing and profitability studies for individual accounts and portfolios.
    • Assist with quarterly actuarial loss reserving and year-end analysis.
    • Perform financial modeling, financial planning, and scenario stress testing.
    • Build and maintain pricing tools and models.
    • Work with loss models, including frequency and severity distributions, aggregate loss distributions, simulations, time series, and parameter estimation.
    • Develop programming models that follow a conceptual path from raw data to a business objective.

    What you'll need#

    • Current enrollment in a university degree program in Actuarial Sciences, Mathematics, Statistics, or a related discipline.
    • Solid academic standing in Mathematics and Statistics with strong analytical skills.
    • A strong interest in developing high-level programming and data analytic skills, specifically in Excel, Access, VBA, SQL, R, and Python.
    • Basic knowledge of insurance principles.
    • Strong oral and written communication skills.
    • A strong work ethic and a willingness to learn.
    • Completion of one Casualty Actuarial Society exam is preferred.

    Location & details#

    • Location: Toronto, Ontario, Canada.
    • Term: Summer 2027.
    • Work Modality: Hybrid.
    • Compensation: CAD $24 - $41 per hour.
    Relevant fieldsMathematicsStatistics

    About Liberty Mutual Canada

    Liberty Mutual Canada provides commercial and specialty insurance products. The company manages risk through customized solutions for a variety of clients. It operates through a network of independent brokers. The organization is based in Toronto and maintains a staff of 201 to 500 employees.

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