About us At Munich Re Specialty – Integral Markets (MRS-GM), it is our ambition to become the leading Primary Specialty Insurance provider, underpinned by an effective and adaptable strategy, superior products and industry leaders working in a supportive environment to achieve this.
We are currently looking for a Pricing Actuary to be based in Madrid on a full-time basis, reporting into the European HUB Pricing Manager.
Provision of actuarial pricing and performance management support to European business under MRS-GM, a stand-alone division of Munich Re.
Support the development and enhancement of technical and commercial pricing capabilities for different Lines of Business in Europe.
Data Analysis & Modelling:
Support underwriters with any ad-hoc analysis or reporting requests.
Case pricing of large or unusual accounts, including frequency severity simulations and/or experience based analysis.
Conduct technical analyses, investigations (e.Conduct actuarial analysis to support the onboarding of additional territories or new MGAs for different classes of business.




Present results to a variety of stakeholders to provide insight and recommendations on pricing and performance related results.
Engage proactively and collaborate with relevant stakeholders, with a focus on pricing and performance. Creation, maintenance and underwriter training of any new pricing tools required, working with the MRS-GM Actuarial Pricing team and local underwriters to ensure suitability and consistency.
Project Involvement
~ Performance Monitoring
Track price adequacy and performance and lead profitability exercises using modelling and reserving techniques, as required.
Create Pricing Management Information for use by Underwriters and senior management, reporting on all pricing KPIs as defined by MRS-GM Actuarial Pricing team.
At least 2 years of experience in a pricing-focused actuarial role ideally within commercial insurance.
Proven experience with modelling and data.
Good knowledge of comm

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