Alpharetta GA

Chicago IL

New York NY

Princeton NJ

Red Bank NJ

Summit NJ

Qualified

Senior Actuary

Life

Investments

Health

Property & Casualty

Reserving

Reporting

Risk

Modelling

Pricing

Valuation

AXIS

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 advanced actuarial analyses based upon generally accepted actuarial principles. This includes providing direction and oversight of more junior level actuaries. 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. At this level, solid communication skills are essential.Job Responsibilities<ul><li>Responsibilities include those assigned to a Sr. Actuarial Analyst, and may also include:</li><li>Providing guidance to non-actuaries on actuarial principles and concepts.</li><li>Representing the Department on cross-functional teams.</li><li>Preparing and presenting material explaining actuarial concepts and findings.</li><li>Supporting corporate goals and principles, and communicating those to more junior staff.</li><li>Markel offers a hybrid working schedule of 3 days in the office and 2 days remote.</li></ul>US Work Authorization<ul><li>US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.</li></ul>Pay information:The job title and 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 national average salary for the Actuary position is $90,500 - $150,900 with 25% bonus potential.Who we are:Markel Group (NYSE – MKL) is a Fortune 500 company with over 60 offices in 20+ countries. It 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.<ul><li>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.</li><li>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.</li><li>We also offer a 401(k) with employer match contributions, an Employee Stock Purchase Plan, PTO, corporate holidays, floating holidays, and parental leave.</li></ul>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 scamsMarkel 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. Frequently, the scammer will reach out to individuals who have posted their resume online.<ul><li>All legitimate job postings with Markel will be posted on Markel Careers. No other URL should be trusted for job postings.</li><li>All legitimate communications with Markel recruiters will come from Markel.com email addresses.</li></ul>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, and other classifications protected by applicable law.Should you require any accommodation through the application process, please let us know.No agencies please.

This is your opportunity to join AXIS Capital – a trusted global provider of specialty lines insurance and reinsurance. We stand apart for our outstanding client service, intelligent risk taking and superior risk adjusted returns for our shareholders. We also proudly maintain an entrepreneurial, disciplined and ethical corporate culture. As a member of AXIS, you join a team that is among the best in the industry.At AXIS, we believe that we are only as strong as our people. We strive to create an inclusive and welcoming culture where employees of all backgrounds and from all walks of life feel comfortable and empowered to be themselves. This means that we bring our whole selves to work.All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex, pregnancy, sexual orientation, gender identity or expression, national origin or ancestry, citizenship, physical or mental disability, age, marital status, civil union status, family or parental status, or any other characteristic protected by law. Accommodation is available upon request for candidates taking part in the selection process.Reporting into the Chief Reserving Actuary, this position will lead the Professional Lines Product Reserving team, which is responsible for executing the quarterly reserving process including determining the actuarial central estimates (ACEs) across Insurance and Reinsurance, and performing deep dives on specific areas of interest. The position will work closely with key stakeholders including underwriting, pricing and claims professionals to refine estimates and ensure a strong feedback loop between the teams.KEY DUTIES &amp; RESPONSIBILITIES:<ul><li>Oversee the execution of the quarterly reserving process including initial reconciliations, ACE selections, peer review, controls and documentation.</li><li>Oversee the selection of actuarial assumptions including initial expected loss ratios, loss development curves and default method weights.</li><li>Review and validate plan loss ratios.</li><li>Support legal entity and corporate reporting requirements.</li><li>Perform ad-hoc deep dive analyses on reserving hot topics such as social inflation.</li><li>Continually enhance processes and help improve reserving analytics.</li><li>Manage the Professional Lines team with two direct reports ensuring the company recruits, retains and develops staff to enable a high-performance reserving function.</li><li>Provide recommendations of management best estimate of reserves based on key uncertainties and risks for Professional Lines</li><li>Help design and create best practice reserving practices and policies</li><li>Enhance data and capabilities to improve reserving analytics and diagnostics</li><li>Peer review segment calculation of pricing loss rations and pricing model assumptions</li><li>Help contribute/run various projects including reserving platform rebuild, profitability reviews, portfolio optimization, etc</li><li>Help design a process to perform reserving on a less frequent basis for long tailed lines (e.g. bi-annual)</li><li>Support valuation of potential transactions to better utilize capital such as adverse development covers or loss portfolio transfers</li><li>Review and revamp our current claims sensitivity process for Insurance</li></ul>REQUIRED EDUCATION/TRAINING &amp; EXPERIENCE:<ul><li>Bachelor’s Degree in Math, Accounting, Economics, Statistics, Business, Risk Management or a similar field.</li><li>Significant industry experience with an insurance, reinsurance, or consulting background in reserving, pricing, or modeling roles.</li><li>Experience managing actuarial staff for an insurance/reinsurance or consulting company.</li><li>Fellowship in the Casualty Actuarial Society (FCAS) or Institute of Actuaries (FIA) preferred.</li></ul>OTHER DESIRED SKILLS &amp; CHARACTERISTICS:<ul><li>Promote and demonstrate the AXIS values of delivery on promises; integrity; passion; dynamism and One-AXIS.</li><li>The ability and desire to work collaboratively with different functional areas.</li><li>Must be familiar with SAP/GAAP reporting and actuarial standards of practice and be well-versed in ratemaking and reserving using traditional and advanced techniques.</li><li>Experience and demonstrated success in significant leadership and management roles.</li><li>Proven ability to plan, organize, and direct the execution of organizational goals, objectives, and complex processes.</li><li>Excellent organizational skills and a strong attention to detail.</li><li>Ability to think strategically and stimulate creativity.</li><li>Superior analytical skills.</li></ul>For this position, we currently expect to offer a base salary in the range of GA: $215K - $260K, IL: $240K - $285K, NJ: $250K - $300K, NY: $260K - $310K. The specific salary offer will be based on an assessment of a variety of factors including the experience of the successful candidate and their work location. In addition, all employees are eligible for competitive incentive targets, with awards based on overall corporate and individual performance. On top of this, we offer a comprehensive and competitive benefits package which includes medical plans for employees and their families, health and wellness programs, retirement plans, tuition reimbursement, paid vacation, and much more.

This is your opportunity to join AXIS Capital - a trusted global provider of specialty lines insurance and reinsurance. We stand apart for our outstanding client service, intelligent risk taking and superior risk adjusted returns for our shareholders. We also proudly maintain an entrepreneurial, disciplined and ethical corporate culture. As a member of AXIS, you join a team that is among the best in the industry.At AXIS, we believe that we are only as strong as our people. We strive to create an inclusive and welcoming culture where employees of all backgrounds and from all walks of life feel comfortable and empowered to be themselves. This means that we bring our whole selves to work.All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex, pregnancy, sexual orientation, gender identity or expression, national origin or ancestry, citizenship, physical or mental disability, age, marital status, civil union status, family or parental status, or any other characteristic protected by law. Accommodation is available upon request for candidates taking part in the selection process.Reporting into the Chief Reserving Actuary, this position will lead the Casualty Lines Product Reserving team, which is responsible for executing the quarterly reserving process including determining the actuarial central estimates (ACEs) across Insurance and Reinsurance, and performing deep dives on specific areas of interest. The position will work closely with key stakeholders including underwriting, pricing and claims professionals to refine estimates and ensure a strong feedback loop between the teams.KEY DUTIES &amp; RESPONSIBILITIES:<ul><li>Oversee the execution of the quarterly reserving process including initial reconciliations, ACE selections, peer review, controls and documentation.</li><li>Oversee the selection of actuarial assumptions including initial expected loss ratios, loss development curves and default method weights.</li><li>Review and validate plan loss ratios.</li><li>Support legal entity and corporate reporting requirements.</li><li>Perform ad-hoc deep dive analyses on reserving hot topics such as social inflation.</li><li>Continually enhance processes and help improve reserving analytics.</li><li>Manage the Casualty Lines team with two direct reports ensuring the company recruits, retains and develops staff to enable a high-performance reserving function.</li><li>Provide recommendations of management best estimate of reserves based on key uncertainties and risks for Casualty lines</li><li>Help design and create best practice reserving practices and policies</li><li>Enhance data and capabilities to improve reserving analytics and diagnostics</li><li>Peer review segment calculation of pricing loss rations and pricing model assumptions</li><li>Help contribute/run various projects including reserving platform rebuild, profitability reviews, portfolio optimization, etc</li><li>Help design a process to perform reserving on a less frequent basis for long tailed lines (e.g. bi-annual)</li><li>Support valuation of potential transactions to better utilize capital such as adverse development covers or loss portfolio transfers</li><li>Review and revamp our current claims sensitivity process for Insurance</li></ul>REQUIRED EDUCATION/TRAINING &amp; EXPERIENCE:<ul><li>Bachelor's Degree in Math, Accounting, Economics, Statistics, Business, Risk Management or a similar field.</li><li>Significant industry experience with an insurance, reinsurance, or consulting background in reserving, pricing, or modeling roles.</li><li>Experience managing actuarial staff for an insurance/reinsurance or consulting company.</li><li>Fellowship in the Casualty Actuarial Society (FCAS) or Institute of Actuaries (FIA) preferred.</li></ul>OTHER DESIRED SKILLS &amp; CHARACTERISTICS:<ul><li>Promote and demonstrate the AXIS values of delivery on promises; integrity; passion; dynamism and One-AXIS.</li><li>The ability and desire to work collaboratively with different functional areas.</li><li>Must be familiar with SAP/GAAP reporting and actuarial standards of practice and be well-versed in ratemaking and reserving using traditional and advanced techniques.</li><li>Experience and demonstrated success in significant leadership and management roles.</li><li>Proven ability to plan, organize, and direct the execution of organizational goals, objectives, and complex processes.</li><li>Excellent organizational skills and a strong attention to detail.</li><li>Ability to think strategically and stimulate creativity.</li><li>Superior analytical skills.</li></ul>For this position, we currently expect to offer a base salary in the range of GA: $215K - $260K, IL: $240K - $285K, NJ: $250K - $300K, NY: $260K - $310K . The specific salary offer will be based on an assessment of a variety of factors including the experience of the successful candidate and their work location.In addition, all employees are eligible for competitive incentive targets, with awards based on overall corporate and individual performance. On top of this, we offer a comprehensive and competitive benefits package which includes medical plans for employees and their families, health and wellness programs, retirement plans, tuition reimbursement, paid vacation, and much more.

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