Sr 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. Large account pricing and/or research and development experience preferred.

Job Responsibilities

• 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
• 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
• Providing guidance to non-actuaries on actuarial principles and concepts.
• Representing the Department on cross-functional teams.
• Preparing and presenting material explaining actuarial concepts and findings.
• Supporting corporate goals and principles, and communicating those to more junior staff.

Education

• Bachelor's Degree preferably in mathematics, statistics, or other analytical fields

Certification

• ACAS required

Work Experience/Skill Set

• 4+ years of actuarial experience
• Project management skills are required, especially related to the leading of cross-functional teams, abiding by deadlines, management of resources, and meeting customer needs.
• Strong communication skills are required, as is the ability to think critically and to defend actuarial assumptions, decisions and methodologies.  
• Ability to balance creativity and sound actuarial judgement
• Experience with both pricing and reserving preferred

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 Actuary position is $116,080 - $159,610 with 25% 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, disabil