Unfortunately NFPA 70E will not permit this, unless it's more dangerous to turn the panel off, in which case you have to fill out an Energized Electrical Work Permit that gets signed by a half dozen people.
So as the previous post just mentioned, it's against OSHA regulations.
But face it, we're experienced electrical workers, and the risk associated with snapping in a breaker is slim to none.
But the thing to be aware of is the hazard associated with the panel, or the incident energy. If the panel is a 120/208V secondary of a 500 kVA transformer, the incident energy level will be high, on the order of 50 calories, such that an arc flash incident would be catastrophic. But if it's on the secondary of a 15 kVA poletop transformer in your development, there's really no arc flash issue. Also at 120 Volts, arc flash is not an issue, but the panel is 208V and that could easily be contacted. So before you get too bold with energized work be sure you know the incident energy level you're dealing with.
Shock is always an issue, and is much more prevalent than arc flash in terms of number of occurrences.
And yes I work on my home panel energized.
John M