About Us

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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 adaptablestrategy, superior products and industry leaders working in a supportive environment to achieve this.

At the heart of our success is a strong culture where people are encouraged to be present, bold and curious, allowing them to achieve their individual goals.

Please see our website for more information.

Pricing Actuary
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.

In addition to the day‑to‑day tasks,



you will contribute to activities linked to the development and implementation of the strategy of different lines of business in the primary insurance.

This role will work closely with the underwriting team supporting the Chief of Underwriting, the Country Heads and the London and Munich Actuarial teams.

Responsibilities

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- Pricing Strategy Development
- Support the development and enhancement of technical and commercial pricing capabilities for different Lines of Business in Europe.
- Assist underwriting teams with product design ensuring any changes are correctly priced.
- Data Analysis & Modelling:
- Support underwriters with any ad‑hoc analysis or reporting requests.
- Utilise advanced actuarial techniques and predictive analytics to assess risk and model pricing scenarios.
- Case pricing of large or unusual accounts, including frequency severity simulations and/or experience based analysis.
- Conduct technical analyses, investigations (e.g. inflation) and independent deep dive reviews.
- Conduct actuarial analysis t

📌 Pricing Actuary (Madrid)
🏢 Munich Re Group
📍 Madrid