Associate Actuary - Wholesale & Specialty Insurance
Munich Re Specialty - North America
Associate Actuary - Wholesale & Specialty Insurance
Princeton, New Jersey, United States · Onsite · 8h ago
- Salary
- $102k - $170k
- Experience
- 4+ Years
Role Summary
Role type
Pricing partner to underwriting
Closer to an underwriting-partner role than a modelling-heavy IC role because the ad emphasizes portfolio steering, underwriter support, and internal communication.
Associate P&C actuarial role supporting pricing, product development, and portfolio management for Munich Re Specialty’s Wholesale & Specialty Insurance business. You’ll work across commercial property, casualty, professional liability, and other specialty products, using actuarial methods and statistical software to support underwriters and management. The role is onsite in Princeton, New Jersey, with consideration for Philadelphia, Chicago, New York, or Hartford.
Requirements
Strongly preferred
- Bachelor's degree in related field
- Progress toward CAS membership (passing actuarial exams)
- 4+ years of experience in insurance pricing
- Strong understanding of actuarial concepts: exposure adjustments, trend, loss development, exposure rating
- Excellent communication and interpersonal skills, including ability to communicate technical concepts to non-technical audiences
- Experience with R, Python, SAS, or other statistical software in insurance pricing applications
- Willingness to work in one of the listed locations (Princeton, Philadelphia, Chicago, New York, or Hartford)
Nice to have
- Preferably experience supporting commercial or specialty insurance products
Skills & Domain
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