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!

This position will work closely with underwriting and business leaders supporting both the profitability and growth of the Workers Compensation product. The primary purpose of the Senior Actuarial Analyst role is to provide actuarial analyses based upon generally accepted actuarial principles. 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, Corporate Reporting, or combinations of these areas.

Job Responsibilities

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

• 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.
• Representing the Department on cross-functional teams.
• Supporting corporate goals and principles.
• Markel offers a hybrid working schedule of 3 days in the office and 2 days remote.

Education

• Bachelor's Degree preferably in mathematics, statistics, or other analytical fields.

Certification

• 3+ Actuarial exams passed preferred, with a demonstrated commitment to pursuing Associate or Fellowship designation in the Casualty Actuarial Society.

Work Experience/Skill Set

• Minimum of 3 years of actuarial or data analytics experience preferred.
• Project management skills preferred, especially related to abiding by deadlines, management of resources, and meeting customer needs.
• Strong communication skills preferred, and the ability to think critically and defend actuarial assumptions, decisions, and methodologies.
• Ability to balance creativity and sound actuarial judgment.

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 and title is 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.

Base salary offered for the successful candidate will be based on compensable factors, such as geographic location, job-relevant education, job-relevant experience, training, licensure, demonstrated competencies, and other factors. The national average salary for the Sr Actuarial Analyst position is $73,000 - $122,600 with 15% bonus potential.

Who we are:

Markel Group (NYSE – MKL) 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:

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, 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.

Markel is an equal opportunity employer. We do not discriminate or allow discrimination on the basis of any protected characteristic. This includes race, color, sex, religion, creed, national origin, or place of birth, ancestry, age, disability, affectional or sexual orientation, gender expression or identity, genetic information, sickle cell trait, or atypical hereditary cellular or blood trait, refusal to submit to genetic tests or make genetic test results available, medical condition, citizenship status, pregnancy, childbirth, or related medical conditions, marital status, civil union status, domestic partnership status, familial status, or family responsibilities, military or veteran status, including unfavorable discharge from military service, personal appearance, height, or weight, matriculation or political affiliation, expunged juvenile records, arrest and court records where prohibited by applicable law, status as a victim of domestic or sexual violence, public assistance status, order of protection status, status as a smoker or nonsmoker, membership or activity in local commissions, the use or nonuse of lawful products off employer premises during non-work hours, declining to attend meetings or participate in communications about religious or political matters, or any other classification protected by applicable law.

Should you require any accommodation through the application process, please let us know.

No agencies please.