New York NY

Rosemont IL

Summit NJ

Senior Actuary

Life

Investments

Health

Property & Casualty

Reserving

Reporting

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. 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!Markel is seeking an experienced actuary to lead our Global Reinsurance Reserving team. The main responsibility of this role will be oversight of the Global Reinsurance reserving function and management of the actuarial team. Additionally, this role will require collaboration with the Global Reinsurance Pricing team to provide portfolio-level insights to inform and supplement the rating. We are looking for a credentialed Actuary with Reinsurance expertise, previous leadership experience, and strong communication skills.Job Responsibilities<ul><li>Lead and inspire a team of actuaries responsible for reserving work for Global Reinsurance.</li><li>Provide oversight and guidance over the reserving function, including internal and external reporting, ensuring accuracy of booked results, and finding ways to build further efficiencies into existing processes.</li><li>Coordinate with members of the International actuarial team for reserving responsibilities that cross between actuarial functional areas.</li><li>Ensure the Actuarial team is highly skilled and well-versed in the products they support.</li><li>Provide additional support and insight to the Global Reinsurance Pricing team to accurately assess and manage profitability across the portfolio.</li><li>Build close relationships with key stakeholders (Underwriting, Finance, etc.) to foster mutual understanding of how business developments impact actuarial drivers, and vice-versa.</li><li>Stay ahead of industry trends and maintain a strong network within the actuarial profession and insurance market.</li><li>Serve as a subject matter expert for Assumed Reinsurance within the Markel actuarial department.</li><li>Occasionally work with various teams on other assumed reinsurance products through corporate initiatives or through Markel’s ILS division.</li><li>Deliver actuarial results and insights to non-actuaries in a clear and concise manner.</li></ul>Education<ul><li>Bachelor of Arts/Bachelor of Science in a related field</li></ul>Certification<ul><li>Credentialled Actuary belonging to a globally recognized Actuarial Society</li></ul>Work Experience/Skill Set<ul><li>Extensive experience in senior actuarial roles and team management.</li><li>Reinsurance experience preferred.</li><li>Proficiency in Reserving and Pricing.</li><li>Ability to roll out new initiatives, proactively engage and negotiate with senior actuarial stakeholders, challenge existing processes, and resolve conflicts.</li><li>Exceptional communication skills, including the ability to develop and present clear and concise recommendations.</li><li>Strong relationship-building skills, with the ability to influence others and drive projects to conclusion while meeting critical deadlines.</li><li>Willingness and ability to continuously learn and adapt in a dynamic environment.</li><li>Timeliness and attention to detail.</li><li>Strong technical and analytical actuarial skills.</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 Director, Head of Global Re Reserving is $128,200 - $213,600 with 45% bonus potential.Who we are:Markel Group (NYSE – MKL) is a fortune 500 company with over 60 offices in 20+ countries, and 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 and floating holidays, 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.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 send an e-mail to the recruiting team.No agencies please.

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