Actuarial Manager, Pricing Tools

About the role

The Company is seeking a talented hands-on manager to lead the strategy and execution of Munich Re Specialty's pricing tool transformation. This is an exciting opportunity to shape and modernize the pricing technology of a leading specialty insurer.

Responsibilities

• Lead the multi-year transformation from legacy to modern, modular, and cloud-based pricing tools.
• Define and execute the strategy for a suite of pricing tools supporting account and portfolio pricing, including manual rating, experience rating, exposure rating, and contract structure modeling.
• Direct and develop a team of actuarial developers to design, build, and implement pricing methodologies and user interfaces that support underwriting and pricing decision-making.
• Partner with actuarial, underwriting, IT, Operations, and third-party stakeholders to define and refine the target solution, establish priorities, and translate business needs into clear requirements and delivery roadmap.
• Establish and execute a governance framework for pricing tool development and change management to ensure delivery is disciplined, scalable, high quality, and aligned to business objectives.
• Own and execute the pricing tool roadmap, prioritizing initiatives and feature development based on business value, user needs, and transformation objectives.
• Drive execution of the target-state architecture by partnering with IT and Operations to integrate pricing tools with databases, benchmark libraries, third-party data, external models, and policy administration systems.
• Champion a user-centered approach to tool design, ensuring interfaces are intuitive, efficient, and effective for underwriting and actuarial users.
• Lead training and adoption efforts for underwriting, actuarial, and other end users to ensure effective use of pricing tools, methodologies, and analytics.

Qualifications

• Membership in the Casualty Actuarial Society required. FCAS preferred.
• Eight (8) or more years of experience in primary insurance pricing.
• Hands-on experience building web-based pricing tools required. Experience with vendor pricing tool platforms preferred.
• Strong technical actuarial skills and strong knowledge and understanding of rating models.
• Strong interpersonal skills. Ability to influence and negotiate with others and create acceptance for proposals.
• Proficiency with Python in insurance pricing applications.
• Excellent oral and written communication skills.
• People management experience preferred.