Pricing Actuary - Wholesale & Specialty Insurance

Munich Re Specialty - North America; Princeton (NJ); On-site; USD 102,000 - 170,000; Full time

Benefits offered by this job

Health insurance

401k match

Paid time off

Bonus eligibility

Tuition assistance

Job summary

Munich Re Specialty - North America is seeking an Associate Actuary to support pricing and monitoring of the Wholesale & Specialty Insurance (WSI) business. The role emphasizes developing pricing tools, preparing analyses, and communicating results to underwriters and clients.

Qualified candidates will have a bachelor’s degree, CAS exam progress, and 4+ years in insurance pricing, with strong communication skills and experience in R, Python, or SAS.

Qualifications

• Bachelor’s degree in related field.
• Actuarial progression with CAS exams.
• 4+ years of pricing experience in insurance.
• Strong understanding of exposure, loss development, and pricing methods.

Responsibilities

• Support launch of new products and pricing enhancements for Wholesale & Specialty Insurance lines.
• Develop and maintain pricing tools for account pricing and portfolio steering.
• Prepare pricing analyses including rates, loss projections, and results communication.
• Contribute to actuarial models and databases through method research and team collaboration.
• Support monitoring, pricing, and portfolio management projects for underwriters and management.
• Document assumptions, results, and alternatives for actuarial staff and clients.

Skills

Pricing

Communication

R/Python/SAS

Actuarial concepts

Team collaboration

Education

Bachelor’s degree in related field

Tools

R

Python

SAS

Job description

Munich Re Specialty - North America is seeking an Associate Actuary to support pricing and monitoring of the Wholesale & Specialty Insurance (WSI) business. The role emphasizes developing pricing tools, preparing analyses, and communicating results to underwriters and clients.

Qualified candidates will have a bachelor’s degree, CAS exam progress, and 4+ years in insurance pricing, with strong communication skills and experience in R, Python, or SAS.