Senior Analyst - Ceded Re Analytics

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!

Support in the continued development of Markel’s Ceded Re analytics capabilities to enhance our ability to analyze structures and strategies to optimize profitability and return on capital within internal risk appetites.

• Support in the continued development of Markel’s Ceded Re analytics capabilities to enhance our ability to analyse structures and strategies to optimise profitability and return on capital within internal risk appetites
• Review and challenge pricing and reserving assumptions and methodologies adopted by actuarial  teams to support Ceded Re placement. Ensure their appropriateness including through the development and identification of appropriate validation measures. Identify any areas of uncertainty and estimate their potential impacts.
• Provide Senior Management with an independent opinion on Markel’s Gross and Ceded Technical Reserves and profitability related to Casualty lines.
• Contribute to Ceded Re’s opinion on the Business Plan loss ratios.
• Present, explain and justify results, as required, to Actuarial Reserving and Pricing Teams
• Prepare Ceded Reinsurance data exhibits within Reinsurance renewal submissions, partnering with Reinsurance Placement to ensure all exhibits are collated timely and accurately.
• Support post placement data capture and analysis, including spend analysis, cost allocation and impact on profitability.
• Develop reporting solutions to provide valuable Ceded Reinsurance insights and services to the business
• Provide technical guidance and training to team members.
• Build strong working relationships with our reinsurance brokers, underwriting leadership, and key data owners.

Skills, knowledge and experience

• 5-7 years of experience
• Advanced understanding of insurance industry specifically Casualty lines. Understanding of reinsurance and actuarial concepts.
• Strong analytical and communication skills.
• Ability to problem solve with limited support on ambiguous requests or requirements
• Advanced Microsoft Office skills
• Experience with various reporting and business intelligence tools

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.   

• Markel offers hybrid working schedules of 3 days in the office and 2 days remote.    

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 Markel Group Careers. 

• 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 rarecruiting@ma