Head of Actuarial (Professional Lines)

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!

Markel is seeking a dynamic and experienced actuary to lead and manage our Professional Lines actuarial team. This team is pivotal in providing pricing and reserving support for a business unit with an annual premium base exceeding $1B. This high-visibility role is crucial within the Specialty organization, and we are looking for a trusted and valued partner for our divisional leadership team. Exceptional communication skills and extensive product knowledge of Professional Lines (e.g., D&O, E&O, Cyber) are essential for this role.

Job Responsibilities

• Lead and inspire a team of actuaries responsible for reserving work and pricing analyses for Professional Lines within Markel Specialty.
• Ensure the Actuarial team is highly skilled and well-versed in the products they support.
• Support the development of innovative underwriting strategies and play a vital role in managing profitability across the portfolio.
• Foster a strong partnership with Claims leadership to ensure seamless sharing of insights across teams.
• Build close relationships with key stakeholders (Underwriting, Finance, etc.) to foster mutual understanding of how business developments impact actuarial drivers, and vice-versa.
• Stay ahead of industry trends and maintain a strong network within the actuarial profession and insurance market.
• Serve as a subject matter expert for Professional Lines within the Markel actuarial department.
• Identify areas for improvement and implement changes to enhance actuarial support to the business.
• Deliver actuarial results and insights to non-actuaries in a clear and concise manner.

US Work Authorization

• US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.

Pay information:

The job title and base salary offered for the successful candidate will be based on compensable factors such as job-relevant education, job-relevant experience, training, licensure, demonstrated competencies, geographic location, and other factors. The national average salary for the Senior Director, Head of Actuarial, Professional Lines is $128,200 - $213,600 with 55% bonus potential. The national average salary for the Director, Head of Actuarial, Professional Lines is $110,500 - $184,100 with 45% bonus potential.

Who we are:

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

What’s in it for you:

In keeping with the values of the Markel Style, we strive to support our employees in living their lives to the fullest at home and at work.

• 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.

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.

Caution: Employment scams

Markel is aware of employment-related scams where scammers will impersonate recruiters by sending fake job offers to those actively seeking employment in order to steal personal information. Therefore, for your safety, please note that:

• All legitimate job postings with Markel will be posted on Markel Careers. No other URL should be trusted for job postings.
• All legitimate communications with Markel recruiters will come from Markel.com email addresses.

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.

No agencies please.