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About the Role
This position provides advanced actuarial analyses and guidance to junior actuaries, supporting strategic underwriting decisions through data-based analysis in areas like Pricing, Reserving, Reinsurance, and Corporate Reporting. Strong communication skills are essential for this role.
Responsibilities
- Provide strong technical and operational support to the leader of the product team.
- Manage resource allocation and prioritize work for yourself and the team.
- Support the product team and review key deliverables.
- Maintain strong relationships with underwriting teams, providing challenge and support in pricing and reserving activities.
- Assist with large account pricing, pricing tool validation, reserving, and capital model parameterization.
- Line manage a junior actuarial student (if applicable).
- Own core processes to produce deliverables for external purposes.
- Support the wider Markel International Actuarial team.
- Represent the department on cross-functional teams.
- Prepare and present actuarial findings.
- Support corporate goals and principles through effective communication and knowledge sharing.
Requirements
- Ability to manage and engage senior stakeholders.
- Create effective relationships with stakeholders, including Finance, Underwriting, Capital, Reinsurance, and Claims.
- Effectively work within and influence a team.
- Prioritize your and the team’s workloads.
- Experience engaging with senior underwriters in delivering results.
- Experience running technical projects to produce analyses for portfolio management.
- Experience presenting at formal meetings with senior management.
- Experience in the actuarial elements of business planning and parameterization of underwriting and reserve risk.
- Be present in the London office at least two days a week.
Skills
- Advanced actuarial analyses
- Actuarial principles
- Pricing
- Reserving
- Reinsurance
- Corporate Reporting
- Communication skills
- Stakeholder engagement
- Technical support
- Operational support
- Resource management
- Work prioritization
- Relationship management
- Teamwork
- Influencing
- Underwriting
- Capital modeling
- Business planning
- Risk parameterization
Location
- London
Work Type
- Hybrid
- Remote
- Office visits
- Flexible working patterns
Experience Level
- Advanced
- Senior
Salary/Compensations
- Great starting salary plus annual bonus
Benefits
- Strong benefits package
- 25 days paid holiday plus Bank Holidays
- Opportunity to buy/sell extra leave
- Fantastic company pension scheme
- Private medical cover
- Private dental cover
- Life assurance
- Travel insurance cover
- Income protection
- Season ticket loan
- Opportunities to learn new skills
- Career development support
About the Company
- Markel Group (NYSE – MKL) is a Fortune 500 company with over 60 offices in 20+ countries.
- It is a holding company for insurance, reinsurance, specialist advisory, and investment operations around the world.
- Company values: We’re all about people | We win together | We strive for better | We enjoy the everyday | We think further.
Equal Opportunity
- We are an equal opportunity employer and value diversity at our company.
- We do not discriminate on the basis of race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status.
- We will ensure that individuals with disabilities are provided with all reasonable accommodations to be able to participate in the job application or interview process and to perform essential job functions if successful.
- Contact us via email at rec@markel.com or call us at 0161 507 5827 to request any accommodations that may be needed.
- This includes any alternative formats of any documents or information on how to apply offline.