Actuarial Analyst (Operations)

Actuarial Analyst – Actuarial Operations

London | Hybrid | Permanent

Make your mark at a company where actuarial insight powers real world impact! At Markel, we believe insurance is more than a policy—it’s a promise. A promise to help people rebuild, to take risks with confidence, and to move forward when it matters most. If you’re looking for a place where your analytical skills genuinely make a difference, you’ll find your fit here.

We’re a global community of problem solvers and innovators. And now, we’re looking for an Actuarial Analyst to join our Actuarial Operations team in London.

The Opportunity:

This is a fantastic chance to join a global, nine‑person team combining actuarial expertise with deep technical capability. You’ll support the development, maintenance and smooth running of actuarial models and systems used across our international business.

Our London hub works closely with colleagues worldwide, partnering with the wider actuarial function on analysis, automation, modelling enhancements, and continuous improvement.

If you’re curious, collaborative, and excited by the future of actuarial technology—including innovative tools and AI—this role is for you!

What You’ll Be Doing:

You will play a key part in ensuring our models, systems, and processes run seamlessly. This includes:

• Supporting the day‑to‑day operation and maintenance of actuarial models and processes
• Running routine models, preparing data, and carrying out validation checks
• Building your understanding of our modelling environment and documentation standards
• Becoming a trusted support and long‑term backup for key operational actuarial activities
• Developing your technical toolkit (Python, R, SQL, VBA, etc.) through enhancements, automation, and optimisation tasks
• Finding opportunities to streamline processes and improve controls
• Supporting the adoption of new technologies—including AI and automation tools—within actuarial operations
• Contributing to wider actuarial projects such as systems improvements, model updates, and data quality initiatives

What You’ll Bring:

We’re looking for someone who:

• Has 1–2 years’ experience in an actuarial or analytical role or is a recent graduate with strong quantitative foundations
• Is already studying for—or keen to begin—a recognised actuarial qualification (full study support & funding provided)
• Brings strong numerical and analytical skills, and is excited by modelling, systems, and operational actuarial work
• Has an interest in coding, automation, and improving processes (any programming exposure is a plus)
• Is detail‑oriented, organised, and able to follow well‑controlled processes while learning how they fit together
• Works collaboratively and communicates clearly
• Shows curiosity, adaptability, and openness to new technologies—including AI
• Is able to attend the London office at least 2 days per week (Thursday is our core team day)

Who We Are:

Markel Group is a Fortune 500 company operating across insurance, reinsurance, advisory and investment disciplines, with over 60 offices in more than 20 countries.

Our values shape every interaction:

• We’re all about people
• We win together
• We strive for better
• We enjoy the everyday
• We think further

What’s In It for You?

• Competitive salary + annual bonus & excellent benefits package
• 25 days holiday + bank holidays (with buy/sell options)
• Fantastic pension scheme
• Private medical, dental and life assurance
• Travel insurance, income protection, season ticket loan & more
• A culture that invests heavily in learning and development
• Full support for actuarial studies and professional growth

Ready to Play Your Part?

If you’re excited by the blend of actuarial work, operations, technology, and continuous improvement—and you want to make a real contribution—we’d love to hear from you.

Markel celebrates the value of a diverse workforce that brings experience and expertise from a wide variety of backgrounds and life circumstances. Whatever your background, if you feel you meet the requirements of this role then we want to hear from you. We are also happy to consider candidates who are looking for flexible working patterns.

We are an equal-opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status.

We will ensure that individuals with disabilities are provided with all reasonable accommodations to be able to participate in the job application or interview process and to perform essential job functions if successful.