Head of Actuarial, Professional Lines (Director/Senior Director)

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! Markel is seeking a dynamic and experienced actuary to lead and manage our Professional Lines actuarial team. This team is pivotal in providing pricing and reserving support for a business unit with an annual premium base exceeding $1B. This high-visibility role is crucial within the Specialty organization, and we are looking for a trusted and valued partner for our divisional leadership team. Exceptional communication skills and extensive product knowledge of Professional Lines (e.g., D&O, E&O, Cyber) are essential for this role

Job Responsibilities

• Lead and inspire a team of actuaries responsible for reserving work and pricing analyses for Professional Lines within Markel Specialty.
• Ensure the Actuarial team is highly skilled and well-versed in the products they support.
• Support the development of innovative underwriting strategies and play a vital role in managing profitability across the portfolio.
• Foster a strong partnership with Claims leadership to ensure seamless sharing of insights across teams.
• Build close relationships with key stakeholders (Underwriting, Finance, etc.) to foster mutual understanding of how business developments impact actuarial drivers, and vice-versa.
• Stay ahead of industry trends and maintain a strong network within the actuarial profession and insurance market.
• Serve as a subject matter expert for Professional Lines within the Markel actuarial department.
• Identify areas for improvement and implement changes to enhance actuarial support to the business.
• Deliver actuarial results and insights to non-actuaries in a clear and concise manner.

Education

• Bachelor of Arts/Bachelor of Science in a related field

Certification

• Credentialled Actuary belonging to a globally recognized Actuarial Society

Work Experience/Skill Set

• Extensive experience in senior actuarial roles, specifically within Professional Lines and team management.
• Proficiency in both Pricing and Reserving.
• Ability to roll out new initiatives, proactively engage and negotiate with senior actuarial stakeholders, challenge existing processes, and resolve conflicts.
• Exceptional communication skills, including the ability to develop and present clear and concise recommendations.
• Strong relationship-building skills, with the ability to influence others and drive projects to conclusion while meeting critical deadlines.
• Willingness and ability to continuously learn and adapt in a dynamic environment.
• Timeliness and attention to detail.
• Strong technical and analytical actuarial skills

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US Work Authorization

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

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 Senior Director, Head of Actuarial, Professional Lines is $148,700 - $247,800 with 55% bonus potential. The national average salary for the Director, Head of Actuarial, Professional Lines is $128,200 - $213,600 with 45% 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.