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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

Philadelphia, Pennsylvania, United States · 8h ago

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

Role Summary

Role type

Pricing partner to underwriting

Closer to an underwriting partnership role than a reserving cycle role because pricing and portfolio steering support live business decisions.

Associate P&C actuarial pricing role with Munich Re Specialty’s Wholesale & Specialty Insurance team in Philadelphia, Pennsylvania. You’ll support specialty product development, account pricing, portfolio monitoring, actuarial modelling, and underwriting decisions across property, casualty, professional liability, and other specialty business.

Requirements

Strongly preferred

  • Bachelor's degree in related field
  • Progress toward CAS membership (passing actuarial exams)
  • 4+ years of insurance pricing experience
  • Experience with R, Python, SAS, or other statistical software
  • Strong understanding of actuarial concepts: exposure adjustments, trend, loss development, exposure rating
  • Excellent communication and interpersonal skills

Skills & Domain

DomainCommercial or specialty insurance pricingExposure rating and loss developmentStatistical modelling for pricing

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