Financial Lines Pricing Actuary

hace 3 semanas


Madrid, Madrid, España Munich Re A tiempo completo
About the Role

We are seeking an experienced Financial Lines Pricing Actuary to join our team in Madrid, Spain. As a key member of our underwriting team, you will be responsible for designing and developing a world-class pricing tool for Surety business.

Key Responsibilities
  • Design and develop a pricing tool for Surety business, working closely with the European underwriting team.
  • Support the development and enhancement of technical and commercial pricing capabilities for Surety products in Europe, with an initial focus on Spain.
  • Assist underwriting teams with product design, ensuring any changes are correctly priced.
  • Track price adequacy and performance, and lead profitability exercises using modelling and reserving techniques, as required.
Requirements

To be successful in this role, you will need:

  • Expertise in pricing Surety insurance, ideally with pricing knowledge of a range of financial lines.
  • Strong analytical skills, with the ability to conduct technical analyses, investigations (e.g. inflation), and independent deep dive reviews.
  • Excellent communication skills, with the ability to present results to various stakeholders.

We offer a competitive salary of €80,000 per annum, plus benefits, including a comprehensive pension scheme and 25 days annual leave. If you are a motivated and experienced actuary looking for a new challenge, please apply now.



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