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!
The primary purpose of this position is to provide a range of decisions based on actuarial analysis and forecasting, to maximize profit and growth. Develops complex actuarial formulations leading to the recommendation of extensive and impactful pricing strategies and loss reserving. Provide consultations and clarification on actuarial models and risk issues, and influences management towards a course of action that have 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:
Forecasting reserve estimates on a quarterly basis
Communicating quarterly results to Finance, Claims, Underwriting, and executive leadership
Periodic pricing studies
Utilizing predictive analytics to identify most and least profitable insureds within a portfolio
Rate change monitoring
Developing action monitors to track progress toward stated goals to improve profitability
Researching new business opportunities and identifying potential acquisitions
Ad hoc requests from product line leaders and executive leadership
Other actuarial work as needed
Requirements:
Bachelor’s degree in mathematics, statistics, actuarial science, or a related analytical field.
4+ actuarial exams passed
Minimum of 3 years of actuarial experience
Excellent time management and organizational skills
Excellent analytical ability
Proficiency in Excel, with strong computer skills.
Strong written and oral communication skills
#LI-Hybrid
#DEIB
US Work Authorization
US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.
Pay information:
Job level, title, and base salary offered to the successful candidate will be commensurate with experience, specialized skills relevant to the role, and possession of the outlined preferred qualifications. Markel reserves the right to propose an alternative career level based on these factors. 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 Senior Actuarial Analyst position is $78,000 - $107,250 with 15% bonus potential.
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.
We’re all about people | We win together | We strive for better
We enjoy the everyday | We think further
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.
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.
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 scams
Markel 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. These "job offers" include convincing offer letters and frequently ask for confidential personal information. Therefore, for your safety, please note that:
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 rarecruiting@markel.com.
No agencies please.
