Actuarial Pricing Lead

2 weeks ago

Old Toronto, Ontario, Canada Munich Re Full time
Job Title: Actuarial Pricing Lead

At Munich Re, we are seeking an experienced Actuarial Pricing Lead to join our team. As a key member of our pricing and analytics team, you will be responsible for leading the development and implementation of pricing strategies across our personal, commercial, and specialty insurance lines.

Key Responsibilities:
  1. Lead the development and implementation of pricing models and strategies to ensure accurate and competitive pricing.
  2. Collaborate with underwriting, claims, and engineering teams to ensure technical expertise is fully leveraged in pricing models.
  3. Provide expert knowledge in pricing methods and processes to evaluate and recommend potential solutions to profitability and production challenges.
  4. Review and forecast product performance, and influence business decisions to drive growth and profitability.
  5. Manage and contribute to the timelines of pricing projects, including data analysis, systems, processes, and project management.
  6. Create actuarial documents to support discussions with internal and external clients and all levels of management.
  7. Provide direction and contribute to the mentoring and development of employees in areas related to pricing and leadership.
Requirements:
  1. Bachelor's degree in Actuarial Science, Statistics, Economics, Finance, Mathematics, or related fields requiring modeling, programming, or quantitative analysis.
  2. 12+ years of actuarial or pricing analytic work in the insurance, reinsurance, financial, or consulting industries, with a proven ability to lead a product and influence positive outcomes.
  3. 5+ years of management experience.
  4. In-depth knowledge of actuarial models, standard actuarial techniques, particularly around pricing in the personal and commercial lines markets.
  5. Understanding client and market dynamics, as well as regulatory requirements.
  6. Proficient computer skills in MS Office Suite and actuarial packages in R.
  7. Effective time management skills, to include prioritizing and bringing about decisions.

We are an equal opportunities employer and welcome applications from diverse candidates. If you require accommodation during the selection process, please advise us.

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