Associate Actuary – Wholesale & Specialty Pricing

Munich Reinsurance America, Inc; Hartford (CT); On-site; USD 102,000 - 170,000; Full time

Benefits offered by this job

Health insurance

Wellness program

Life and disability insurance

401k match

PTO & holidays

Annual bonus

Tuition assistance

Volunteer time off

Job summary

Munich Re Specialty - North America is seeking an Associate Actuary to help price and monitor Wholesale & Specialty Insurance products. You will develop pricing tools, run analyses, and support model enhancement while collaborating with cross-functional teams.

The role involves communicating complex actuarial concepts to non-technical colleagues and contributing to training efforts across underwriting, risk analysis, and finance functions. Hybrid work options may apply.

Qualifications

• Bachelor's degree in a related field.
• Progress toward CAS membership with actuarial exams.
• 4+ years of experience in insurance pricing.
• Ability to discuss/apply actuarial concepts/techniques with guidance.
• Excellent communication and interpersonal skills.
• Experience in R, Python, SAS, or similar tools for pricing.
• Strong written and oral communication skills.

Responsibilities

• Support the launch of new products and expand pricing capabilities for WSI.
• Develop and maintain pricing tools for account pricing and portfolio steering.
• Prepare pricing analyses, including rate development and loss projections.
• Develop and update actuarial models and databases with team collaboration.
• Support result monitoring, pricing and portfolio management projects.
• Document assumptions, results, and alternatives to staff and clients.
• Identify data issues requiring actuarial attention.
• Provide actuarial insight on a Line of Business Expert Group.
• Train underwriters, client managers, risk analysts, accountants, and actuaries.

Skills

Pricing experience

Actuarial concepts

Communication skills

Education

Bachelor's degree in related field

Progress toward Casualty Actuarial Society

Tools

R

Python

SAS

Job description

Munich Re Specialty - North America is seeking an Associate Actuary to help price and monitor Wholesale & Specialty Insurance products. You will develop pricing tools, run analyses, and support model enhancement while collaborating with cross-functional teams.

The role involves communicating complex actuarial concepts to non-technical colleagues and contributing to training efforts across underwriting, risk analysis, and finance functions. Hybrid work options may apply.