I'm thinking that the newer switches, just like the old, are not repairable, so if it's not just stuck, it needs replacement. About all you can do is jiggle it, and if it doesn't become unstuck, replace it. It should have only a very few Ohms resistance when switched on, and then very high resistance (open circuit) when in the up/float position.
Maybe the boat manufacturer (if the boat is only 8 months old), or the marine hardware store (called a chandelery in the old days), or, lastly, the pump manufacturer (probably the ITT/Jabsco/Rule crew), will give you a new one if you present your case properly (and you get lucky)!
The pumps used in bilges, live wells, showers, and some other applications share a lot in terms of design and even parts. Live well pumps are often just bilge pumps with an adapter on the bottom screen area to supply them from an incoming hose. Shower pumps and floats are likewise similar to bilge pumps, with a few modifications.
The old switches were often mercury based, wherein liquid mercury flowed back and forth in a horizontal glass cylinder with two contacts at one end, and all this within the float body.
Environmental concern with the residual mercury after the switch was disposed of, led to the banning of mercury switches, and they were replaced by mechanical ones with a metal ball that rolled back and forth in a plastic cylinder within the float, that activated a mechanical switch at one end.
It may be time to design a better mousetrap, Mr. Emerson!
Good Luck!
Joe. :teeth :thup