Actuarial Analyst (Ceded Reinsurance)

The opportunity:

The Global Ceded Reinsurance Department is responsible for overseeing reinsurance strategy and placement and performs a meaningful role in handling and hedging reinsurance risk through the effective use of reinsurance.

This role will allow you to forge strong relationships with key individuals and gain exposure to Reserving, Pricing, Capital Modelling, Analytics, assist MINT in achieving consistent underwriting profit by various means, such as demonstrating solvency and providing support to a variety of divisions and products within MINT’s diverse portfolio.

What you’ll be doing:

• Support in the continued development of Markel’s Ceded Re analytics capabilities to improve our ability to analyse reinsurance structures and optimisation of reinsurance spend with regards to the risk appetite.
• Collect relevant data from internal data hubs and prepare data exhibits within Reinsurance renewal submissions, partnering with Reinsurance Placement colleagues to ensure all exhibits are collated timely and accurately.
• Build engaging data stories by performing movement analysis since last data runs and investigating material developments.
• Support post placement data capture and portfolio analysis, including spend analysis, cost allocation and impact on profitability.
• Improve current processes and develop reporting solutions and data visualisation techniques to provide valuable Ceded Reinsurance insights and services to the business.
• Build strong working partnerships data owners in the organisation.

Our must-haves:

• Some experience in the actuarial domain.
• Understanding of insurance and actuarial concepts.
• Strong analytical and communication skills.
• Advanced Microsoft Office skills including Excel and Power BI.
• Experience with data manipulation tools like SQL, Alteryx or similar.

Who we are:

Markel Group (NYSE – MKL) a Fortune 500 company with over 60 offices in 20+ countries, is a holding company for insurance, reinsurance, specialist advisory and investment operations around the world.

What’s in it for you?

• A great starting salary plus annual bonus & strong benefits package…
• 25 days paid holiday plus Bank Holidays, with the opportunity to buy / sell extra leave
• Fantastic company pension scheme, private medical and dental cover, life assurance, travel insurance cover, income protection, season ticket loan as well as other great benefits on offer
• There are countless opportunities to learn new skills and develop in your career and we can provide the support needed to do just that!

Are you ready to play your part?

Choose ‘Apply Now’ to fill out our short application, so that we can find out more about you.

Markel celebrates the value of a diverse workforce that brings experience and expertise from a wide variety of backgrounds and life circumstances. Whatever your background, if you feel you meet the requirements of this role then we want to hear from you. We are also happy to consider candidates who are looking for flexible working patterns.

We are an equal-opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status.

We will ensure that individuals with disabilities are provided with all reasonable accommodations to be able to participate in the job application or interview process and to perform essential job functions if successful. Please contact us to request any accommodations that may be needed. This includes any alternative formats of any documents or information on how to apply offline.