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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 a range of decisions based on actuarial analysis and forecasting, to maximize profit and growth. This includes developing complex actuarial formulations leading to the recommendation of extensive and impactful pricing strategies and loss reserving. You will provide consultations and clarification on actuarial models and risk issues, influencing management towards a course of action that has a potential impact on underwriting, pricing, risk management, and profitability.

Job Responsibilities:

Job responsibilities will include a combination of some of the below items, subject to the needs of our stakeholders:

  • Forecasting reserve estimates on a quarterly basis
  • Communicating quarterly results to Finance, Claims, Underwriting, and executive leadership
  • Periodic pricing studies
  • Utilizing predictive analytics to identify most and least profitable insureds within a portfolio
  • Rate change monitoring
  • Developing action monitors to track progress toward stated goals to improve profitability
  • Researching new business opportunities and identifying potential acquisitions
  • Ad hoc requests from product line leaders and executive leadership
  • Other actuarial work as needed

Requirements:

  • Bachelor’s degree in mathematics, statistics, actuarial science, or a related analytical field.
  • 4+ actuarial exams passed
  • Minimum of 3 years of actuarial experience
  • Excellent time management and organizational skills
  • Excellent analytical ability
  • Proficiency in Excel, with strong computer skills.
  • Strong written and oral communication skills

US Work Authorization:

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

Pay information:

Job level, title, and base salary offered to the successful candidate will be commensurate with experience, specialized skills relevant to the role, and possession of the outlined preferred qualifications. Markel reserves the right to propose an alternative career level based on these factors.

The national average salary for the Senior Actuarial Analyst position is $78,000 - $107,250 with 15% bonus potential.

Who we are:

Markel Group (NYSE – MKL) is a fortune 500 company with over 60 offices in 20+ countries. We are 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 and 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. Please note that:

  • All legitimate job postings with Markel will be posted on Markel Careers.
  • 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.

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