Senior Actuarial Analyst (Reinsurance Pricing)

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, 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! Provide actuarial pricing support for Markel Global Reinsurance.

Job Responsibilities

• Conduct deal specific pricing analyses for casualty and specialty reinsurance treaty business
• Partner with underwriters to assess risks, evaluate treaty terms, and negotiate competitive premiums and contract terms
• Analyze historical loss data, market trends, and emerging risks to inform pricing decisions
• Conduct line of business or segment actuarial pricing reviews
• Develop and maintain pricing models for various P&C reinsurance line of business
• Stay abreast of industry developments and regulatory changes impacting P&C reinsurance pricing
• Prepare clear and concise actuarial reports and presentations for internal and external stakeholders

Education

• BA or BS

Certification

• Candidates that have passed several exams and/or are near ACAS

Work Experience/Skill Set

• Minimum of 5 years of experience in P&C pricing (reinsurance preferred)
• Strong analytical and problem-solving skills with proficiency in actuarial modeling tools
• Proficient in Microsoft Excel and other related tools
• Excellent communication and interpersonal skills, with the ability to collaborate effectively with underwriters, actuaries, and other stakeholders
• Proven ability to work independently and manage multiple projects simultaneously
• Strong understanding of P&C reinsurance concepts and pricing principles

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. The salary for the Sr. Actuarial Analyst, Reinsurance Pricing position is $75,000 - $100,000 with 25% bonus potential.

Equal opportunities

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