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Markel

Markel

Actuary

Actuary

Job Details
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Uploaded On
February 28, 2024
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Location
Richmond, VA
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Remote?
No
Company Overview
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Headquarters
Glen Allen, VA
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Number of Employees
17400
Estimated Number of Actuaries
81
Salary
$
115
k-$
140
k
Glassdoor Ratings
""
Recommend to a Friend
82%
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Overall Score
4.1 / 5

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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. Because, at Markel, the work you do gives people the confidence to move forward and seize opportunities. Whether you’re wild about horses, bananas for boats or driven by data, 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

  • Responsibilities include those assigned to a Sr. Analyst and may also include:
  • 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

  • College Degree

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 analyzing Construction business is preferred
  • Experience with both pricing and reserving preferred

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.

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.

The 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 salary for the Actuary position is $115,000 - $140,000 with a 35% bonus potential.

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 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@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.

Pay information:

Apply Now

Working at 

Markel

Markel is a global insurance company that offers a range of insurance products to individuals, small businesses, and large organizations. The company was founded in 1930 and has grown to become a leading provider of specialty insurance products. Markel is known for its expertise in a variety of niche markets, including insurance for small businesses, equine and livestock operations, and collectors' items such as classic cars and fine art. In addition to traditional insurance products, Markel also offers risk management and consulting services to help clients identify and mitigate potential risks. The company has a strong reputation for customer service and is committed to providing high-quality coverage to its policyholders.

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