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Markel is hiring a

Senior Actuarial Analyst (Pricing)

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, and 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 recommended pricing for individual large insurance risks based on actuarial analysis and forecasting to maximize profit and growth. The person in this role will perform and help improve actuarial formulations leading to the recommendation of extensive and impactful pricing strategies; provide consultations and clarification on actuarial models and risk issues; and influence stakeholders 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:

  • Large account pricing
  • Periodic pricing studies
  • Utilizing predictive analytics to set prices based on risk characteristics
  • Rate change monitoring
  • Developing action monitors to track progress toward stated goals to improve profitability
  • Improving processes for capturing historical data and results
  • Researching new business opportunities and identifying potential acquisitions
  • Ad hoc requests from product line leaders and executive leadership
  • Other actuarial work as needed

Work Experience

  • 4+ years of relevant actuarial experience
  • 4+ actuarial exams passed
  • Excellent time management and organizational skills
  • Excellent analytical ability
  • Strong written and oral communication skills
  • Prior large account pricing experience a plus but not required

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:

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.
  • 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.

The 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.

Markel is an equal opportunity employer. We do not discriminate or allow discrimination on the basis of any protected characteristic.

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