Markel is hiring a
Senior Actuarial Analyst
What part will you play? If you’re looking for a place where you can make a meaningful difference, you’ve found it. The work we do at Markel gives people the confidence to move forward and seize opportunities.
You’ll find your fit amongst our global community of optimists and problem-solvers. We’re always pushing each other to go further because we believe that when we realize our potential, we can help others reach theirs.
Join us and play your part in something special!
The primary purpose of this position is to provide advanced actuarial analyses based on generally accepted actuarial principles, under the direction and oversight of more senior level actuaries.
The completed analyses will be used by internal business leaders for data-based decision making. These analyses may relate to various areas of actuarial expertise, including Pricing, Reserving, Reinsurance, and Corporate Reporting.
Responsibilities include those assigned to an Actuarial Analyst, and may also include:
- Conducting thorough research and analysis to evaluate potential new lines of business, establishing rates and pricing strategies that align with Markel's commitment to profitable premium growth and cost-based pricing.
- Investigating new business opportunities as requested, providing data-driven insights and recommendations.
- Effectively communicating findings to actuaries and underwriters, presenting analyses clearly and responding promptly to requests for alternative structures or assumptions to better represent the risks under review.
- Delivering presentations on actuarial analyses to diverse audiences, ensuring both actuarial and non-actuarial stakeholders fully understand results and their implications.
- Proactively identifying and communicating potential actuarial issues to relevant teams.
- Mentoring and serving as a resource for less experienced actuaries, fostering professional growth and knowledge sharing.
Requirements:
- Minimum of 3 years of actuarial experience.
- Bachelor’s degree in mathematics, statistics, actuarial science, or a related analytical field.
- Minimum GPA of 3.2 in both major and overall coursework.
- Completion of at least 4 SOA/CAS actuarial exams, with a demonstrated commitment to pursuing Associate or Fellowship designation in the Casualty Actuarial Society.
- Proficiency in Excel, with strong computer skills.
- Preferred experience includes programming knowledge in SQL, and familiarity with common data science tools like R or Python.
- Experience with Power BI and ResQ software is highly desirable.
- Strong background in pricing and reserving.
Skills:
- Outstanding communication skills, enabling clear and effective collaboration across departments such as claims and underwriting.
- High attention to detail, excelling in precision, calculations, and preparation of detailed reports.
- Strong organizational skills, with the ability to balance and prioritize multiple projects under tight deadlines.
- Proactive and driven, consistently taking initiative to achieve impactful results.
- Flexible and adaptable, thriving in dynamic environments and embracing change with confidence.
- Exceptional team collaborator, fostering positive relationships and contributing to a cohesive and productive team environment.
US Work Authorization:
- US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.
Who we are:
Markel Group is a Fortune 500 company with over 60 offices in 20+ countries, serving as a holding company for insurance, reinsurance, specialist advisory, and investment operations around the world.
What’s in it for you:
- We offer competitive benefit programs that help meet our diverse and changing environment as well as support our employees’ needs at all stages of life.
- All full-time employees have the option to select from multiple health, dental, and vision insurance plan options and optional life, disability, and AD&D insurance.
- We also offer a 401(k) with employer match contributions, an Employee Stock Purchase Plan, PTO, corporate holidays, floating holidays, and parental leave.
- Markel offers hybrid working schedules of 3 days in the office and 2 days remote.
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 is an equal opportunity employer. We do not discriminate or allow discrimination on the basis of any protected characteristic.
Should you require any accommodation through the application process, please let us know.