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Markel

Senior Actuarial Analyst

Markel, Richmond, Virginia, United States, 23214

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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!

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Job Responsibilities

Conducting research and analysis on potential new lines of business and establish rates/pricing that supports Markel’s initiative of continued profitable premium growth along with cost-based pricing; researching new business opportunities when requested and identifying potential acquisitions.

Communicating results with actuaries, Finance, Claims, Underwriting, and Executive Leadership in a clear and concise manner and responding efficiently and accurately to requests to vary the actuarial analysis in terms of structure and/or assumptions in order to more accurately represent the risk being analyzed.

Presenting results of actuarial analyses to meeting attendees, and ensuring that actuarial and non-actuarial attendees have a clear understanding of final results.

Forecasting reserve estimates on a quarterly basis

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

Ad hoc requests from product line leaders and executive leadership

Communicating potential actuarial issues promptly

Other actuarial work as needed

Education

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

Certification

2+ Actuarial exams passed, with a demonstrated commitment to pursuing Associate or Fellowship designation in the Casualty Actuarial Society.

Work Experience/Skill Set

Minimum of 2 years of actuarial or data analytics experience preferred

Excellent time management and organizational skills

Excellent analytical ability

Strong technical skills.

Strong written and oral communication skills

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

What’s in it for you:

We offer competitive benefit programs that help meet our diverse and changing environment as well as support our employees’ needs 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 Markel Careers. 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 rarecruiting@markel.com. 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.

No agencies please.

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