About the Role
This role supports the management of Markel’s product lines exposed to catastrophic perils by producing, validating, and analyzing catastrophe model outputs for portfolio risk assessment. The successful candidate will deliver accurate, insightful risk analysis to enable informed decision-making and support sustainable, profitable growth. The role also requires maintaining up-to-date knowledge of catastrophe modeling through proactive research and continuous professional development, ensuring Markel remains at the forefront of industry best practice and delivers reliable catastrophe-related insights and analytics.
Responsibilities
- Build and maintain strong relationships with divisional underwriters.
- Provide ad hoc analytics for underwriting portfolio analysis and reporting.
- Utilize third-party catastrophe models and in-house tools for pre-underwriting analysis.
- Present results and ideas to internal stakeholders and underwriting teams.
- Collaborate with colleagues in other Markel offices and the wider portfolio analytics team.
- Liaise with outsourcing partners and model vendors.
- Assist in team projects and initiatives, including view of risk development.
- Support internal and external reporting, including to Lloyds and the PRA.
- Support pre-underwriting analytics, class and entity level reporting, and ad-hoc analysis for underwriting decisions and view of risk development.
- Work across various lines of business, including natural catastrophe and anthropogenic risks.
Requirements
- Proven catastrophe modeling or aggregation management experience in the London market.
- Strong understanding of industry-standard models (Verisk preferred).
- Appetite for creative thinking and challenging modeling assumptions and processes.
- Excellent IT skills with good knowledge of SQL and/or Python.
- Proven experience with catastrophe management best practices and portfolio level aggregation techniques.
- Experience building and maintaining successful relationships with internal and external contacts.
- Ability to manage multiple projects and meet tight deadlines.
Skills
- Catastrophe modeling
- Aggregation management
- Industry-standard models
- Verisk
- Problem-solving
- Creative thinking
- SQL
- Python
- Catastrophe management best practices
- Portfolio level aggregation techniques
- Stakeholder collaboration
- Project management
Location
- Hybrid
- London
Work Type
- Hybrid
Experience Level
- Proven experience
Salary/Compensations
- Competitive starting salary plus annual bonus
Benefits
- Up to 16% company pension scheme
- Private medical cover
- Private dental cover
- Menopause plan
- Emergency care benefit (children/pets/dependants)
- Income protection
- Life assurance
- Electric car scheme
- Travel insurance
- 25 days paid holiday plus Bank Holidays
- Opportunity to buy/sell extra leave
- Opportunities for skill development and career growth
About the Company
- Markel Group (NYSE – MKL) is a Fortune 500 company with over 60 offices in 20+ countries.
- Markel is a holding company for insurance, reinsurance, specialist advisory, and investment operations.
- The International Portfolio Analytics (IPA) team is a dynamic, multi-functional group embedded within the underwriting business.
- The IPA team supports all divisions of Markel International, focusing on Portfolio Management, Pricing Transformation, Advanced Analytics, and Catastrophe & Exposure Management.
- The Catastrophe and Exposure Management Team provides analytical services for informed underwriting decisions and robust risk management.
- Company values: We’re all about people, We win together, We strive for better, We enjoy the everyday, We think further.
- Markel's work gives people confidence to move forward, reach full potential, and seize opportunities.
Equal Opportunity
- Markel celebrates the value of a diverse workforce.
- Candidates from all backgrounds are encouraged to apply if they meet requirements.
- Flexible working patterns are considered.
- Reasonable accommodations will be provided for the job application, interview process, and essential job functions.
- Contact rec@markel.com or 0161 507 5827 for accommodations or alternative application methods.
