Senior Actuarial Analyst

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 advanced actuarial analyses, based upon generally accepted actuarial principles, and to provide 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.

This role's primary responsibility is to provide support for Markel’s ceded reinsurance placements and strategy.

Job Responsibilities :

Conducting thorough research and analysis to evaluate potential new lines of business, establishing rates and pricing strategies that align with Markel's commitment to profitable premium growth and cost-based pricing.

Investigating new business opportunities as requested, providing data-driven insights and recommendations.

Effectively communicating findings to actuaries and underwriters, presenting analyses clearly and responding promptly to requests for alternative structures or assumptions to better represent the risks under review.

Delivering presentations on actuarial analyses to diverse audiences, ensuring both actuarial and non-actuarial stakeholders fully understand results and their implications.

Proactively identifying and communicating potential actuarial issues to relevant teams.

Mentoring and serving as a resource for less experienced actuaries, fostering professional growth and knowledge sharing.

Working closely with Markel’s Ceded Reinsurance Department this role will provide analytic capabilities to enhance our ability to analyze structures and strategies to optimize profitability and return on capital within internal risk appetites.

Support post placement data capture and analysis, including spend analysis, cost allocation and impact on profitability.

Build strong working relationships with our reinsurance brokers, underwriting leadership, actuarial teams, and key data owners.

Work with our reinsurance brokers to request analysis in support of company objectives and communicate findings to the business.

Requirements

Minimum of 3 years of actuarial experience.

Bachelor’s degree in mathematics, statistics, actuarial science, or a related analytical field..

Credentialed actuary (ACAS or FCAS) preferred; will consider candidates who are actively taking exams.

Proficiency in Excel, with strong computer skills.

Preferred experience includes programming knowledge in SQL, and familiarity with common data science tools like R or Python.

Experience with Power BI and ResQ software is highly desirable.

Work Experience / Skill Set

Advanced understanding of insurance industry specifically Casualty lines. Understanding of reinsurance and actuarial concepts.

Outstanding communication skills, enabling clear and effective collaboration across departments such as claims and underwriting.

High attention to detail, excelling in precision, calculations, and preparation of detailed reports.

Strong organizational skills, with the ability to balance and prioritize multiple projects under tight deadlines.

Proactive and driven, consistently taking initiative to achieve impactful results.

Flexible and adaptable, thriving in dynamic environments and embracing change with confidence.

Exceptional team collaborator, fostering positive relationships and contributing to a cohesive and productive team environment.

Knowledge of the Reinsurance buying and broking process

US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.

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 and title is 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 geographic location, job-relevant education, job-relevant experience, training, licensure, demonstrated competencies, and other factors. The national average salary for the Sr Actuarial Analyst position is $73,000 - $122,600 with 15% bonus potential.

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.

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 :

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.

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 :

All legitimate job postings with Markel will be posted on . No other URL should be trusted for job postings.

All legitimate communications with Markel recruiters will come from Markel.com email addresses.

We would also ask that you please report any job employment scams related to Markel to .

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.