Skip to main content
Get Job Alerts Saved Jobs View All Jobs

Business Analyst

Location Munich, Germany Date posted 09/26/2025 Job type Full-Time Work mode Hybrid Job level Professional Job ID 9351 Company Munich Re Specialty - North America Employment type Regular Area of expertise Actuarial & Risk Management
Apply Now

Actuary

Munich Re Specialty - North America

The Company is open to considering candidates in numerous locations, including Princeton, NJ; Philadelphia, PA; New York City, NY; and Hartford, CT. 

We are adding to our diverse team of experts and are looking to hire those who are committed to building a culture that enables the creation of innovative solutions for our business units and clients.

The Company

Welcome to Munich Re Specialty - North America, a leading specialty insurance provider dedicated to delivering exceptional underwriting, claims, and risk management expertise to our partners and customers. As a trusted industry expert, we offer a broad range of comprehensive and customized solutions, including casualty, professional lines, property, surety, and public entity coverages. With the financial strength and global resources of our A+ Superior (A.M. Best) rated organization, we provide unmatched stability and reliability. Our team is committed to superior service levels, a distinctive approach to specialty solutions, and a deep understanding of the complex risks our clients face. Join our team and be part of a dynamic and experienced organization that is shaping the future of specialty insurance in North America.

The Opportunity

Future focused and always one step ahead!

This Actuary role will have a significant leadership role in the modernization pricing tools across Munich Re Specialty – North America. This role will focus on the development of new pricing tools, and drive interconnectivity to other platforms across the organization.

In this position you will:

  • Lead the development of new pricing tools, leveraging expertise in actuarial techniques and code development.
  • Guide conversations with other technical departments to revamp the underwriting process and tools across the organization.
  • Partner with actuarial colleagues, Underwriting, IT and Operations to develop our next generation of pricing capabilities.
  • Drive commonality between other business units within Munich Re Specialty – North America as well as other Munich Re entities.
  • Work with Underwriting to achieve our organizations’ goals.
  • Support the launch of new products and expand the capabilities of existing products in property, casualty, professional liability, and specialty lines of business.

Qualifications:

  • 5+ years of experience in insurance pricing, reinsurance, or actuarial work
  • Bachelor’s degree in related field
  • Membership in the Casualty Actuarial Society as Associate (ACAS) or Fellow (FCAS).
  • Experience developing pricing tools, especially in a cloud based platform.
  • Strong, relevant experience in R, Python, SAS, or other statistical software in insurance pricing applications, with Python experience strongly preferred.
  • Strong interpersonal skills and ability to influence and negotiate with others
  • Ability to introduce and drive innovative ideas and processes within established environments
  • Ability to present and explain complex details to both technical and non-technical audiences
  • Strong oral and written communication skills.

The Company is open to considering candidates in numerous locations, including Princeton, NJ; Philadelphia, PA; New York City, NY; and Hartford, CT. The salary range posted below reflects market variations across various locations. This role is designated for either Princeton, Philadelphia, New York City, or Hartford and reflects multiple geographies. The offer will be adjusted per geography.

The base salary range anticipated for this position is $141,800-$226,100, plus opportunity for company bonus based upon a percentage of eligible pay.  In addition, the company makes available a variety of benefits to employees, including health insurance coverage, an employee wellness program, life and disability insurance, 401k match, retirement savings plan, paid holidays and paid time off (PTO). 

The salary estimate is adjusted to reflect the varying market conditions across different locations, with the with the higher end being more aligned with the New York Coty job market.  Factors that may be used to determine your actual salary include your specific skills, how many years of experience you have and comparison to other employees already in this role. Most candidates will start in the bottom half of the range.

At Munich Re, we see Diversity, Equity and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. We recruit and develop talent with a focus on providing our customers the most innovative products and services.   

We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Apply Now

Your Benefits

With us, you get more than just an exciting job. Enjoy a wide range of employee benefits tailored to your wellbeing and development. Please note that regional differences may apply.

Competitive Salary

We provide fair and competitive compensation that reflects your performance and commitment.

Company performance-based Incentives

In addition to your salary, our variable compensation approach allows you to share in Munich Re's success.

Recognition and Special Rewards

We recognise outstanding individual contributions through a variety of targeted rewards and incentives.

Retirement Planning

We support your long-term financial wellbeing with retirement solutions aligned with local regulations.

Inclusive Workplace Culture

We foster a respectful, inclusive, and values-driven environment.

Learning & Development

We offer tailored learning opportunities with a strong focus on core skills and business-critical knowledge.

Work-Life-Balance

Supporting your ability to balance family, leisure, and your career.

Health & Wellbeing

We support your physical and mental health through a range of programs and activities in each location.

See the area you’ll be working in

Get an idea of what your daily routine around the office can be like.

Explore Location

This may interest you

Featured Jobs

View jobs to show jobs list.

Save jobs to show jobs list.

View All Jobs

Activate your job alert

Looking for the ideal professional challenge? Stay informed with the Munich Re Group job alert service: Munich Re, ERGO Group and MEAG offer a wide range of opportunities. Once you have set up the service, you'll receive automatic email updates on new job vacancies that match your search criteria.

Interested InPlease select a category, location, and/or company option. Click “Add” to create your job alert. You can add more than one combination to your alert.

By signing up, I acknowledge that I have read the privacy policy, and I wish to receive email communications.

To complete the Job Alert, your e-mail address, and the filter criteria you selected will be processed. The processing of the data is exclusively for the purpose of sending the Job Alert e-mails. With deletion of the Job Alert, your data will also be deleted. You can find further information about our imprint here: Privacy Policy.