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About the Role

This role supports Global Reserving at Markel by delivering reserving analysis, reporting, and transformation initiatives, leveraging actuarial expertise, data analytics, and process improvement to enhance reserve insights, operational efficiency, and strategic decision-making across the organization.

Responsibilities

• Contribute to quarterly reserve close, reporting, and Reserve Committee materials
• Participate as needed in ResQ/MRD development, support, and testing
• Assist in development and implementation of embedded margin roll-off methodologies
• Support and maintain initiatives to standardize and streamline reserving processes across Markel
• Assist in ERMS-based reserving enhancements, including MIICL/MISE solutions and data integration
• Contribute to simplification of reserving data structures and workflows (ResQ/MRD)
• Perform reserve reviews and monitoring, including adequacy, AvE, and embedded margin analysis
• Support development and maintenance of reserving tools and analytics (e.g., AvE, reserve performance tracking) that support visualization and communication
• Utilize actuarial and data tools including but not limited to ResQ, Excel, MRD, SQL, Python, & Alteryx
• Effectively communicating findings to Actuarial, Finance, Claims, Underwriting, and Executive Leadership, presenting analyses clearly and responding promptly to additional requests
• Support IBNR uploads, pre-close processes, and ERMS/Claims Centre initiatives
• Contribute to centralization of reserving activities and reduction of product-actuary dependency
• Provide support to broader global reserving (e.g., P&S, W&S, International) as needed
• Identify and support opportunities to improve efficiency through automation and AI
• Contribute to scalable solutions that enhance actuarial workflows and data quality
• Representing the Department on cross-functional teams
• Other actuarial work and Ad hoc requests from product line leaders and executive leadership

Requirements

• Degree in actuarial science, mathematics, statistics, or a related discipline, or equivalent relevant experience
• Credentialed member of an internationally recognized actuarial association (for example CAS or IFoA)
• Proven actuarial experience, ideally in reserving or financial reporting
• Strong analytical, problem-solving, and communication skills
• Ability to translate technical findings into practical business insights
• Experience with actuarial and data tools (ResQ, Excel, MRD; SQL/Python/Alteryx preferred)

Skills

• Actuarial expertise
• Data analytics
• Process improvement
• ResQ
• Excel
• MRD
• SQL
• Python
• Alteryx

Location

• Hybrid

Work Type

• Hybrid
• Full-time

Experience Level

• Proven actuarial experience

Education Level

• Degree in actuarial science, mathematics, statistics, or a related discipline, or equivalent relevant experience
• Credentialed member of an internationally recognized actuarial association

Salary/Compensations

• A 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

About the Company

• 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

Equal Opportunity

• Markel celebrates the value of a diverse workforce that brings experience and expertise from a wide variety of backgrounds and life circumstances.
• 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.
• Please 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.