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Associate Actuary - Wholesale & Specialty Insurance

Munich Re Specialty - North America

P&C/Insurer/IC Level

Associate Actuary - Wholesale & Specialty Insurance

Munich Re Specialty - North America

Chicago, Illinois, United States · 8h ago

Salary
$102k - $170k
Experience
4+ Years

Role Summary

Role type

Pricing partner to underwriting

Closer to a pricing-underwriting partner than a modelling-heavy IC because the work is explicitly used to steer live business and support underwriters.

Associate-level P&C pricing role with Munich Re Specialty’s Wholesale & Specialty Insurance team in Chicago, with other listed locations available. You’ll support specialty product launches, pricing tools, rate and loss analyses, portfolio monitoring, and actuarial model development while working with underwriters and internal clients.

Requirements

Strongly preferred

  • Bachelor's degree in related field
  • Progress toward CAS membership (passing actuarial exams)
  • Four or more years of experience in insurance pricing
  • Strong understanding of actuarial concepts/techniques (exposure adjustments, trend, loss development, exposure rating)
  • Excellent communication and interpersonal skills
  • Ability to communicate technical concepts to non-technical audiences
  • Experience in R, Python, SAS, or other statistical software in insurance pricing applications

Nice to have

  • Preferably supporting commercial or specialty insurance products

Skills & Domain

DomainCommercial or specialty insurance pricing

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