Join us and play your part in something special!
The primary purpose of this position is to provide recommended pricing for individual large insurance risks based on actuarial analysis and forecasting to
maximize profit and growth. The person in this role will perform and help improve actuarial formulations leading to the recommendation of extensive and impactful pricing strategies; provide consultations and clarification on actuarial models and risk issues; and influence stakeholders towards a course of action that has a potential impact on underwriting, pricing, risk management, and profitability.
Job Responsibilities
Job responsibilities will include a combination of some of the below items, subject to the needs of our stakeholders:
- Large account pricing
- Periodic pricing studies
- Utilizing predictive analytics to set prices based on risk characteristics
- Rate change monitoring
- Developing action monitors to track progress toward stated goals to improve profitability
- Improving processes for capturing historical data and results
- Researching new business opportunities and identifying potential acquisitions
- Ad hoc requests from product line leaders and executive leadership
- Other actuarial work as needed
Work Experience
- 4+ years of relevant actuarial experience
- 4+ actuarial exams passed
- Excellent time management and organizational skills
- Excellent analytical ability
- Strong written and oral communication skills
- Prior large account pricing experience a plus but not required
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.
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@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.
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.