Associate Actuary, Wholesale & Specialty Pricing & Models

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

Benefits offered by this job

Health insurance

401k match

Paid time off (PTO)

Life and disability insurance

Tuition assistance

Job summary

Munich Re Specialty - North America is recruiting an Associate Actuary to significantly support pricing and monitoring for the Wholesale & Specialty Insurance (WSI) portfolio. The role includes developing pricing tools, preparing analyses, and collaborating with underwriters and actuarial teams.

Ideal candidates have a bachelor’s degree, progress toward CAS, and 4+ years in insurance pricing, with strong communication skills and proficiency in R, Python, or SAS.

Qualifications

• Bachelor's degree required or in related field.
• Actuarial exams progress toward CAS is expected.
• 4+ years in insurance pricing, preferably commercial/specialty.
• Strong ability to discuss actuarial concepts with guidance.

Responsibilities

• Support launch of new products and pricing capabilities for WSI.
• Develop and maintain pricing tools for account pricing and portfolio steering.
• Prepare pricing analyses including rates, loss projections, results communication.
• Participate in development/update of actuarial models and databases.

Skills

Pricing analytics

Modeling concepts

Stakeholder communication

Team collaboration

Education

Bachelor's degree in related field

Actuarial exams in progress (CAS)

Tools

R

Python

SAS

Job description

Munich Re Specialty - North America is recruiting an Associate Actuary to significantly support pricing and monitoring for the Wholesale & Specialty Insurance (WSI) portfolio. The role includes developing pricing tools, preparing analyses, and collaborating with underwriters and actuarial teams.

Ideal candidates have a bachelor’s degree, progress toward CAS, and 4+ years in insurance pricing, with strong communication skills and proficiency in R, Python, or SAS.