Actuary - Temporary Project Assignment

Munich Re Princeton, NJ
Length of Assignment: Varies, depending on skill set of candidate and projects assigned; up to 12 months.

Depending on the experience, background, and expertise of the candidate, projects may include:

* Develop business requirements for enhancements to portfolio monitoring reports; build proto-type; work with IT in implementing those requirements, and test

* Develop specialty market niche pricing benchmarks (LDFs, frequencies), utilizing internal and external data; seek external data to enhance knowledge of these niche markets

* Develop rating plans for niche specialty market segments, using internal and external data; seek external data to enhance knowledge of these niche markets; develop roadmap to implement rating plan and seek regulatory approval, if needed

* Create or enhance existing pricing tools

* Complete account-specific analyses to fully understand loss-drivers and recommend changes to pricing, underwriting guidelines, etc.

* Assess current pricing methodologies, recommend changes, develop roadmap for implementation and implement, as needed

* Incorporate analytics into pricing approach

* Provide additional production support for Specialty Markets pricing needs