Senior Actuarial Analyst / Actuary

About the role

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

Benefits

Additional Information

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! The primary purpose of this Actuary position is to provide a range of decisions based on actuarial analysis and forecasting. This role is a key actuarial partner to Markel's Bermuda professional lines underwriting team, supporting large, complex risks where sound actuarial judgment is essential. The position focuses on pricing, reserving, and portfolio insights, working directly with experienced underwriters to inform high impact decisions. The successful candidate will influence pricing, reserving, and strategy in an environment where communication and partnership with underwriters are as important as technical ability. Job Responsibilities Conducting thorough research and analysis to evaluate lines of business and/or individual programs, establishing rates and pricing strategies that align with Markel's commitment to profitable premium growth and cost-based pricing; researching new business opportunities when requested and identifying potential acquisitions Forecasting reserve estimates on a quarterly basis; reporting with Finance during Quarter Close Effectively communicating findings to Actuarial, Finance, Claims, Underwriting, and Executive Leadership, presenting analyses clearly and responding promptly to requests for alternative structures or assumptions to better represent the risks under review Presenting results of actuarial analyses to meeting attendees, and ensuring that actuarial and non-actuarial audiences have a clear understanding of final results Collaboration with Technical Pricing team to validate and calibrate professional liability rating models utilized in actuarial pricing Proactively identifying and communicating potential actuarial issues to relevant teams. Mentoring and serving as a resource for less experienced actuaries, fostering professional growth and knowledge sharing Rate change monitoring Periodic Pricing Studies Representing the Department on cross-functional teams. Ad hoc requests from product line leaders and executive leadership Other actuarial work as needed Work Experience/Qualifications Bachelor's Degree required, preferably in mathematics, statistics, or other analytical fields 3-5 years of actuarial experience preferred 3+ Actuarial exams passed, ideally close to or newly qualified Associate, with demonstrated commitment to pursuing Associate or Fellowship designation in the Casualty Actuarial Society Project and time management skills are required, especially related to 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 Excellent organizational skills Ability to balance creativity and sound actuarial judgment Professional Liability or Commercial Lines experience is a plus but not required #LI-SY US Work Authorization US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future. Pay information: 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 national average salary range for the Senior Actuarial Analyst is $78,000 to $107,250 with 15% incentive. The national average salary range for the Actuary role is $116,080 to $159, 610 with 25% incentive. Job level and title offered to the successful candidate will be commensurate with experience, specialized skills relevant to the role, and possession of the outlined preferred qualifications. Markel reserves the right to propose an alternative career level based on these factors.

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