Financial Lines Pricing Expert
hace 17 horas
About Munich Re
Munich Re Specialty – Global Markets (MRS-GM) is a leading primary specialty insurance provider, driven by an effective strategy, superior products, and industry leaders who thrive in a supportive environment.
We foster innovation and resilience through Diversity, Equity, and Inclusion, recognizing the power of diverse perspectives to act braver and better. Our ESG approach delivers holistic impacts across environmental, social, and governance topics.
Job Summary
We are seeking a Financial Lines Pricing Expert to join our team in Madrid, Spain. As a key member of our underwriting team, you will provide expert pricing support to our Surety business, working closely with senior stakeholders. Your expertise in financial lines pricing, analytical skills, and attention to detail will enable you to drive profitability and inform strategic decisions.
Responsibilities
- Design and develop a world-class pricing tool for our Surety business, collaborating with European underwriting teams.
- Support the development of technical and commercial pricing capabilities for Surety products in Europe, focusing on Spain.
- Track price adequacy and performance, leading profitability exercises using modeling and reserving techniques.
- Conduct technical analyses, investigations, and deep dive reviews, staying current on market dynamics and actuarial developments.
- Present results to various stakeholders, providing insights and recommendations on pricing and performance.
- Collaborate with relevant stakeholders to explain and justify your point of view.
Requirements
- Expertise in pricing Surety insurance, ideally with experience in financial lines.
- Proven experience with modeling and data used in credit-related products.
- Strong analytical skills and attention to detail.
- Foundational knowledge of global macroeconomics and financial markets.
- Excellent written and verbal communication skills, including report writing and presentations.
- Fluency in English is mandatory; other European languages are advantageous.
Salary
The estimated salary for this role is €60,000 - €80,000 per annum, depending on experience.
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