Actuary, Wholesale & Specialty Pricing & Analytics

Munich Re Specialty - North America

Hartford (CT)

On-site

USD 102,000 - 170,000

Full time

6 days ago
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Benefits offered by this job

Health insurance
Life and disability insurance
401k match
Paid holidays and PTO
Employee wellness program
Retirement savings plan funded by the
Tuition assistance and educational‑ach

Job summary

Munich Re Specialty - North America seeks an Associate Actuary to support pricing and monitoring for the Wholesale & Specialty Insurance (WSI) business. You will collaborate with underwriters and analysts to develop rates, loss projections, and pricing tools.

The role emphasizes modeling, data analysis, and clear communication of assumptions and results. The company offers a competitive base salary, bonus potential, and a broad benefits package across multiple U.S. locations.

Qualifications

  • Bachelor’s degree in related field.
  • Progress toward Casualty Actuarial Society membership, demonstrated by passing actuarial exams.
  • Four or more years of experience in insurance pricing, preferably supporting commercial or specialty insurance products.
  • Strong understanding of actuarial concepts such as exposure adjustments, trend, loss development, exposure rating.
  • Excellent communication and interpersonal skills.
  • Experience in R, Python, SAS, or other statistical software in insurance pricing applications.
  • Excellent oral and written communication skills.

Responsibilities

  • Support the launch of new products and expand capabilities for WSI lines.
  • Develop and maintain pricing tools for account pricing and portfolio steering.
  • Prepare pricing analyses, including rates, ultimate loss projections, and communication of results.
  • Participate in development and update of actuarial models and databases with formula development and research.
  • Support result monitoring, pricing and portfolio management projects for underwriters and management.
  • Document and communicate assumptions, results, and alternatives to actuarial staff and clients.
  • Identify data issues requiring specialized actuarial attention.
  • Provide actuarial insight as a participant on a Line of Business Expert Group.
  • Participate in training of others regarding actuarial analyses and methodologies.

Skills

Communication skills
Interpersonal skills
Oral and written communication

Education

Bachelor's degree in related field
Progress toward Casualty Actuarial Society membership

Tools

R
Python
SAS

Job description

Munich Re Specialty - North America seeks an Associate Actuary to support pricing and monitoring for the Wholesale & Specialty Insurance (WSI) business. You will collaborate with underwriters and analysts to develop rates, loss projections, and pricing tools.

The role emphasizes modeling, data analysis, and clear communication of assumptions and results. The company offers a competitive base salary, bonus potential, and a broad benefits package across multiple U.S. locations.

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